LunarCapital is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, LunarCapital offers impressive customer support to assuage any potential challenges traders might face. While exploring the world of online trading, LunarCapitalFX stands out as a competitive brokerage platform that caters to both novice and experienced traders. Known for its user-friendly interface, diverse account options, and strong customer support, you can find a range of services designed to enhance your trading experience.
I also like LunarCapitalFX’s detailed help articles and video tutorials if I need to self-serve information. But it’s nice knowing real human help is just a chat message away whenever I have a pressing question or concern. You only pay the built-in spread, which starts from 0.9 points on certain stocks. With all those global customers, you might think LunarCapitalFX is headquartered in a major financial capital like London, New York or Tokyo. But its roots are actually in the island nation of Saint Lucia. And it seems to have worked, because LunarCapitalFX now has over 21 million happy customers!
- Captial.com is one of the biggest online brokers available and is certainly very trusted.
- That LunarCapital is catering to all these groups is a big plus for the site, and the resources are made available to traders using demo as well as live accounts.
- You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs.
The videos are supported on YouTube, and much of the content is archived. Crypto markets are only supported on accounts that use the MetaTrader platforms. LunarCapital offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range. 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.
LunarCapitalFx Customer Support
First, they are properly licensed and regulated in their home country of Saint Lucia. This means they adhere to strict laws and oversight designed to protect traders. With so many fly-by-night brokers out there, it’s normal to wonder – is LunarCapitalFX legit? These were some of my first questions when I started researching LunarCapitalFX too. Had bad service, struggled to get your money back or some other action which you believe isnon compliant? Tell us and if we have the right information, we will actively support your case through mediation with the broker.
The chat box pops up instantly on their website – no waiting or hunting around to get help. One thing to note – LunarCapitalFX’s ECN account does charge a small $6/lot commission to offset the even lower institutional spreads they provide. While I may explore owning and storing crypto in the future, right now I’m happy trade CFDs on LunarCapitalFX and get my feet wet in this exciting new market! It’s been an awesome first step into crypto as a trading newbie. And unlike holding coins in a wallet, my crypto CFD trades aren’t at risk from hacking, lost keys or forgotten passwords. Now for experts who swear by the industry standard MetaTrader platform, LunarCapitalFX has you covered there too.
- After testing the platform with our own money and comparing it to hundreds of other sites, here are our pros and cons.
- The MT5 account, also called innovative account, is an account type for clients with trading expertise.
- It is great to see the broker supports clients with different religious beliefs although this is pretty standard nowadays.
- The process also gives you plenty of information about trading in forex markets.
- Other notable tools include widgets that clearly display live quotes, interest rates and national holidays.
Yep, this forex broker is still a spring chicken compared to some of the old dinosaurs in the industry. But in its short life, LunarCapitalFX has already made quite a name for itself. LunarCapital follows international regulation standards on Anti Money Laundering and Know Your Customer procedures to verify the identity of its clients and prevent illicit activities. Bonuses of 10%, 20% or 50% can be claimed on each deposit with LunarCapitalFx but there are even bigger bonuses available during holidays and other limited-time events. There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies.
Yes, LunarCapitalFX has a mobile application, so traders and investors can quickly get the advantage of working on the trades and positions from the comfort of their phones only. LunarCapitalFX is a secure trading platform with competitive spreads and no hidden fees. Still, we don’t recommend you open trades without careful analysis and applying tactics to reduce the risk.
LunarCapitalFX Customer Support
LunarCapital does have a demo account offering for practicing trading strategies with virtual money in a risk-free environment. It also provides Islamic (swap-free) accounts that comply with Sharia law. LunarCapital doesn’t cater to US traders due to regulatory restrictions.
Trustpilot Users’ Review About LunarCapitalFx
You want a platform that’s easy to use but also has the tools you need. LunarCapitalFX’s cTrader platform is great – customizable layouts, technical analysis tools, and automated trading options. FXTM’s MT4 platform is also good, but Exness’s platform felt a bit overwhelming for my taste as a beginner. LunarCapitalFX offers a wide range of educational resources for beginner traders. These include webinars, video tutorials, market analysis, and trading signals, all aimed at helping new traders improve their skills and knowledge.
What is LunarCapitalFX? – The broker presented:
With cTrader, users can trade directly with prominent banks globally. It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click. CTrader has a desktop version, and is also available in apps for android and iOS. In their review, they claim their European entity being largely unregulated is a red flag. According to a member on Reddit, LunarCapitalFX occupies the security commission’s list of platforms to avoid.
Types of Accounts Offered
LunarCapital requires a minimum deposit of only $25, lowering the entry barrier for many traders. At LunarCapital, it’s not what you trade but how you trade it that matters. The firm looks set to continue to meet that challenge and provide its clients with a top-quality trading experience. LunarCapital has made significant progress in a relatively short period of time. Since entering a very competitive market eight years ago, it has built up a client base of almost one million traders and won a host of industry awards.
MetaTrader 4 charting tools for technical analysis
Such success is built on developing an approach that is, first and foremost, trader focused. It’s always nice to have extra security tools thrown in and LunarCapital provides more than most. The LunarCapital technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals.
These https://lunarcapital.net/ tactics include the responsible usage of leverage, using the stop loss function, and keeping an eye on your trading volumes. For trading with real money, you will need to verify your account. That means LunarCapitalFX will require some documents to verify your identity.
There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps. The economic calendar displays a list of up and coming financial news releases including the country and level of impact.
After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed. LunarCapitalTrader offers a fine array of charting tools to allow for a smooth desktop trading experience. From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization.