Set a new leverage by clicking on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save. Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. You can access the broker’s copy trading service by downloading the copytrading app. The broker’s login process begins with a visit to the official site, Lunar Capitalfx.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed. Going by customers’ review, Lunar CapitalFx can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts.
The videos are supported on YouTube, and much of the content is archived. During our testing, we found the internet browser offered the best route into all the ‘extras’, such as copy trading, that Lunar Capital offers its clients. Being able to still engage with the full range of services from smaller screens is a real plus-point for the service. To get started with Lunar CapitalFX, you should be aware of the minimum deposit requirements, which vary depending on the account type you choose.
For example, while the Micro Account requires a small initial deposit, the Pro Account might ask for a higher amount to unlock more advanced features. Make sure to evaluate your trading style and budget carefully, as a higher minimum deposit can influence your risk management strategy and overall trading approach. On Lunar CapitalFX platforms, you’ll find a user-friendly interface that promotes a smooth trading experience. The design is both appealing and functional, providing easy access to charts, indicators, and trading tools, allowing you to focus solely on your trading strategies without distractions.
Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing. Take some time to click around and get comfortable with these different areas. Don’t worry about making mistakes – remember, you can always practice on a demo account without risking real money. Lunar Capital offers three main account types, each designed to fit different trading styles. Lunar CapitalFX does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs.
MT5 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. Trade anytime and anywhere, and have access to trading information 24 hours a day, even while you’re traveling or on vacation. It is super easy to download and install the terminal on any compatible device.
The educational materials provided by the broker are sufficient to help traders learn what forex trading is and grasp the basic concepts. Copy Trading further enhances its appeal by simplifying trading for beginners and providing passive income opportunities. Lunar CapitalFX ensures that traders can access the tools and functionalities they need to succeed, whether they prefer simplicity or advanced analytics. The availability of demo accounts on both platforms further supports traders in mastering their skills before entering live markets. With competitive spreads, high leverage options, and robust security measures, Lunar CapitalFX strives to provide a comprehensive trading experience tailored to diverse needs. Whether you’re a novice stepping into trading or a seasoned professional, Lunar CapitalFX delivers the tools and features necessary for success in the dynamic world of financial markets.
The client terminal and platform's servers exchange data secured by RSA digital signatures through encrypted servers. Lunar Capital is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled Lunar Capital to continue to expand its products and services.
When it comes to making informed decisions about forex brokers, it's essential to rely on trustworthy sources. RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it's clear that Rational FX has built a reputation for providing reliable and unbiased information. Lunar CapitalFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective. These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading.
MT4 opens with four charts by default, each representing a unique currency pair. The Market Watch window with two tabs is on the left of the charts. The Symbols tab shows a list of currency pairs with their bid and ask prices, while the Tick Charts tab shows the real-time price activity of chosen currency pairs. Below this is the Navigator window, where traders can view their account(s), indicators, and Expert Advisors. MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help traders make predictions.
This ensures that your investment remains secure while trading with the platform. Any trader understands the importance of https://lunarcapital.net/ receiving reliable and knowledgeable help when faced with challenges. Lunar CapitalFX prides itself on providing professional support that is not only accessible but also highly informative.
The trading interface of the mobile app is quite basic, yet it is functional. Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult. This broker charges no fees on currency conversion during deposits and withdrawals. However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees. In line with the desktop version, the Lunar Capital trading app is execution-focused.
Lunar CapitalFX is committed to providing a secure and transparent trading environment for its clients. The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union. Lunar Capital Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility.
Bonuses of 10%, 20% or 50% can be claimed on each deposit with Lunar CapitalFx but there are even bigger bonuses available during holidays and other limited-time events. Coming to leveraged overnight holdings, the broker charges no swaps. The number of instruments on offer is relatively limited, and areas of the site could do with being more transparent as it can be hard to pin down certain facts. The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK. Lunar Capital Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. Lunar CapitalFX is licensed and regulated by FSA SVG license number #19776 IBC 2011.
Opening a MetaTrader 4 demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques. The account works like a real account, except it allows you to trade with virtual funds rather than real money. Experienced traders often use MetaTrader 4 demo accounts to test new trading strategies before using them in real trading. We will also look at the users’ reviews and answer some frequently asked questions.
It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options. One aspect to watch out for is Lunar CapitalFX’s non-trading fees, which can impact your overall trading experience. It’s important to recognize fees related to withdrawals, inactivity, or account maintenance, as these can accumulate over time.
On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high. The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility. The pushback comes from the more limited number of instruments a user can trade on this platform. However, this should not detract from what Lunar CapitalFX is, as a convenient, efficient, cost-effective trading proposition, that is attracting a number of third-party industry awards. Compliance with regulations is crucial for any trading platform, including Lunar CapitalFX.
Deposits made to trading accounts must therefore be made from bank accounts in your name only. In the case of bank transfers, all requests are processed within 1–3 hours during the working time of the broker’s financial department. However, deposits via Skrill, Neteller, Visa, Mastercard and crypto are instant. Below is a tabular review of the various deposit methods and the processing time. The broker claims to offer competitive spreads as compared to other forex brokers. Lunar CapitalFx boasts of a spread floating, starting from as low as 0.6pips.