LunarCapital also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. This ensures that LunarCapital adheres to strict regulatory standards for client protection and transparency. The MT4 platform, whether accessed through Windows or WebTrader, is tailored to provide a comprehensive and enriched trading environment.
The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC. For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority (FCA), which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates LunarCapital in the country. Staying informed about major economic events is crucial for successful trading.
As mentioned earlier, LunarCapital’s support for over 500 instruments, copy trading services through TradeCopier, and over 10k competition prizes are the main benefits of trading with this broker. Then select your preferred account type, leverage ratio, and base currency. Create a strong password with a mix of characters, then submit the form. LunarCapital is a multi-regulated broker, and account verification is mandatory. Most traders will pass verification after submitting a copy of their ID and one proof of residency document.
By referring friends or family members to LunarCapital, clients can receive bonuses or cash rewards once the referred person opens an account and meets the specified trading requirements. This promotion encourages traders to share the benefits of LunarCapital with others while earning extra rewards. LunarCapital provides a wide range of deposit and withdrawal methods, including bank wires, credit/debit cards, e-wallets, and local payment solutions. However, certain payment methods may have geographic restrictions, but the LunarCapital back office will display only the available options for each trader’s location.
Digital wallets or e-wallets are fast, secure, and convenient methods to send and receive electronic payments. LunarCapital accepts several different e-wallets such as the widely popular Neteller and Skrill, as well as FasaPay, a Malaysian e-wallet that is accepted by various FX brokers. In addition, the broker accepts several instant banking transfer services, which are available locally – Union Pay for Chinese customers, DotPay for Polish traders, etc. The same platform is also available for mobile devices and it can be downloaded for free from the App Store or Google Play.
LunarCapital received numerous awards for various aspects of its competitive trading environment. I want to caution beginner traders when using demo trading as a simulation tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.
- LunarCapital offers a loyalty program for active traders, where clients can earn points based on their trading volume.
- LunarCapital ensures that traders can quickly access their accounts without the need for software downloads by providing web trading applications.
- Precious metals have always been valuable but their prices are less affected by supply and demand, unlike other commodities.
LunarCapital Account Types
And thirdly, broker provides a wide range of financial instruments, including currency pairs. LunarCapital processes payments in several different currencies and deposits in any other currency would be converted into the base currency of the client account. Accounts can be registered in USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF. The broker does not charge any fees for deposits and withdrawals and the minimum deposit than can be made is $250, although that varies, depending on the type of trading account one opens. For traders looking to enter the rapidly growing world of digital currencies, LunarCapital provides access to popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Trading cryptocurrency CFDs allows traders to speculate on price movements without owning the actual coins.
Does LunarCapital provide copy trading services?
With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders. Trading is conducted 24 hours a day, except during the weekends, offering great flexibility to traders. Due to the high volume, liquidity, and leveraged positions, Forex provides great speculative opportunities and is preferred by many traders. Clients across Europe and the UK are offered two types of protection – segregated client bank accounts and financial compensation if LunarCapital fails to pay its customers. In the UK, the Financial Services Compensation Scheme (FSCS) guarantees compensation of up to £85,000, while in Cyprus, the Investor Compensation Fund covers up to €20,000. The broker is also regulated by the Australian Securities and Investments Commission (ASIC) and with this license, the broker is authorized to operate in Australia, New Zealand, and South Africa.
Fees
- For instance, it has 3 types of charts, namely bars, Japanese candlesticks, and broken line, but it features only 30 of the most popular technical indicators.
- This resource is especially useful for beginners who are just starting their trading journey.
- Futures trading is suitable for traders who are interested in diversifying their portfolios and taking advantage of market trends.
- Withdrawal times vary depending on the banking provider but range from the same day to 10 days.
These deposit bonuses can range from 20% to 100% or more, depending on the promotional campaign. The additional bonus funds can be used to trade forex, commodities, indices, https://lunarcapital.live/ and other instruments, giving traders more flexibility and leverage in the markets. Terms and conditions apply, and traders should review the bonus rules to understand any withdrawal requirements. LunarCapital offers eight distinct account types to cater to various trading styles and preferences, with most requiring a minimum deposit of $0, making them highly accessible. Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform.
Diverse Trading Account Options. Unrivalled Trading Conditions, Minimal Spreads, and Customisable Leverage
Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site. Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” I like the trading fees in LunarCapital website the LunarCapital Absolute Zero account, where traders get commission-free spreads from 0.3 pips.
Once registered, you can seamlessly manage multiple trading accounts through the Client Portal, ensuring a smooth trading experience. Traders have the liberty to select between Live and STP/ECN trading accounts, each providing the option of both floating and fixed spreads to suit their trading style and preferences. LunarCapital prides itself on creating a revolutionary online trading environment, granting extensive access to a broad and versatile array of trading instruments spanning six asset classes. Traders can explore forex opportunities by trading 80+ currency pairs, across Major, Minor, and Exotic currencies, or explore the diverse realm of Commodities, Metals Indices, Shares, and Futures. The broker prioritizes customers by providing a demo account for risk-free practice and offers Islamic accounts to respect diverse client backgrounds. Note that US traders are restricted and managed accounts are not available.
This bonus is designed to give new clients a strong start in their trading journey by increasing their available capital. Specific details of the welcome bonus, including the percentage and maximum bonus amount, may vary, so traders should check the LunarCapital website for the latest offers and terms. LunarCapital maintains transparency with its fee structure, with most accounts having zero commission and competitive spreads. However, traders are advised to be aware of potential third-party charges and the broker’s swap fees for positions held overnight. With extended trading hours and the flexibility of long and short positions, traders can diversify their portfolios by trading indices.
LunarCapital Broker Account Types
These videos cover the basics of forex trading, how to use trading platforms like MetaTrader 4 (MT4), and advanced trading strategies. The step-by-step guides make it easy for beginners to get started and for experienced traders to refine their techniques. With over a decade of industry experience and more than 1.5 million clients globally, LunarCapital is a well-established broker. It offers a range of safety features, including negative balance protection to shield traders from losses exceeding their deposits.
MetaTrader 4 or MT4 can be downloaded directly from the LunarCapital website for those who prefer the downloadable software package. With it, clients have access to more than 200 financial instruments in Forex, shares, spot indices, spot metals, futures, and commodities. The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news. LunarCapital offers a variety of account types to cater to different trading needs, including Standard, Premium, VIP, Zero Fixed Spread, and STP/ECN accounts. Each account type has specific features, such as varying spreads, commission structures, and leverage options.
Founded in 2010, LunarCapital has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries. Renowned for offering the trusted MetaTrader 4 (MT4) platform, LunarCapital is regulated by top authorities, including the FCA and FSCA. With its headquarters in Cyprus, the broker provides both ECN/STP and Market Maker execution types, catering to traders of all experience levels.
These are tailored for instant access, maintaining the high standard of user experience as their desktop counterparts. LunarCapital uses standard security features to keep clients’ personal information secure, including website encryption. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. LunarCapital recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels.
