Finally, choose between a Standard or Custom account, then finalize the process. Click the “Go to Website” button on this page to reach the broker’s application form. I was most impressed by LunarCapital’s AI-powered market research and comprehensive educational content.
With LunarCapitalFX MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere. With Autochartist, LunarCapitalFX traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save LunarCapitalFX users time and makes the trading process more efficient. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD.
Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… LunarCapitalFX provides a solid trading experience with competitive spreads and multiple deposit methods. MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple https://lunarcapital.space/ trading accounts.
Is LunarCapital good for beginners?
- With a commitment to simplicity and accessibility, it provides a suite of trading platforms, including the renowned MetaTrader 4 and 5, alongside its proprietary LunarCapitalTrader.
- The 50% deposit bonus boosts traders, and LunarCapital allows bonus withdrawals once traders satisfy reasonable volume conditions, where LunarCapital ranks among the industry leaders.
- LunarCapital is available in India and caters to Indian Forex traders via its website in Hindu.
The broker also offers copy trading services an accessible minimum deposit. The leverage options are flexible, and the download of MT4 was seamless. LunarCapital offers the basic options when it comes to funding your account through traditional methods and some crypto options. The broker offers reasonable times to process your deposit and withdrawals. You can open a demo account with unlimited funds and no expiration giving you ample time to test each platform to see which suits you best. The demo account provides real-time price feeds like a live account but gives you virtual funds to trade in a risk-free environment.
Stay far away from this broker.
The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers. I thought the research provided by LunarCapital was decent as they offered chart and candlestick patterns like doji candlesticks and wedges, or highlighting support and resistance levels to trade. The analysis was well presented on the charts and the commentary was easy to understand and follow, even if you’re new. LunarCapital has 52 forex pairs for CFD trading including forex majors like USD/JPY, AUD/USD, and EUR/USD as well as minor and exotic pairs. I did find that you can only access all 52 pairs using the MetaTrader 5 platform, while the LunarCapitalTrader and MT4 only offer 32 pairs.
How to open LunarCapital Live account?
It lets customers make rapid and effective trades without unnecessary complexity, therefore supporting complex trading activities. Providing access to sophisticated charting tools and technical indicators, the platform effortlessly connects with MetaTrader 4 (MT4) and MetaTrader 5 (MT5). However, traders may be charged third-party processing fees—which LunarCapital has no influence over. Furthermore, although LunarCapital does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion.
However, if you encounter issues or have questions at any point, just click the Chat button in the lower-left corner to access the help desk or contact LunarCapitalFX’s customer support team directly. LunarCapitalFX provides several rewarding programs designed to boost your trading experience and potentially increase your profits. This program allows users to unlock different levels of benefits based on their trading account balance.
Is LunarCapitalFX trading Legit?
I find the Space smart feed, which offers a timely asset analysis, to be the best unique feature at LunarCapital It helps you decide what assets to trade, how to manage risk and how to make the most informed decisions. Another important AI feature that is unique to the broker is LunarCapitalVision. The tool enables traders to analyze historical trades, providing insightful trading feedback and highlighting decision-making strengths and weaknesses. A $25 minimum deposit makes LunarCapital pretty accessible for retail traders. They can also benefit from LunarCapital’s robust market research, layered educational content, and user-friendly trading platform.
- It offers intuitive UX, TradingView charts, and one-touch trading from charts.
- The LunarCapitalTrader has the least options for technical analysis too with 19 indicators, 11 drawing tools, and 7 timeframes.
- Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation.
- This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.
- The online broker also offers the “Trade & Win” initiative, which rewards you with “prize lots” (accumulated for every standard lot traded on a real account).
- There are a total of 51 charting indicators provided, and 31 drawing tools also.
LunarCapitalFX Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account. Due to that, we highly recommend LunarCapitalFX as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified. This can result in comparatively bigger movements than a well-diversified holding so is something to keep in mind. This is because you will receive better protection and service from your local regulator should you need to enforce a complaint.
Withdrawal Methods
However, you must pass the verification process to start live trading with LunarCapitalFX, which can take up to a few business days. LunarCapitalFX has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support. The next step involves submitting identification documents for LunarCapitalFX account validation and making a deposit. Once completed, LunarCapitalFX users can download the trading platform of their choice.
LunarCapitalFX Funding and Fees
Platform tutorials are equally available, guiding beginners through the initial steps. Additionally, I recommend that new traders seek in-depth education from third parties covering trading psychology and avoid paid-for education. Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. Tobi’s main area of expertise is in personal finance and the Forex industry.
The LunarCapital MT5 account is the best for equity traders, and the LunarCapital MT4 account is for Forex traders due to asset availability and trading tools. LunarCapital offers bank wires, credit/debit cards, and several cryptocurrencies as withdrawal methods. It processes requests between one hour and three hours, making it one of the best in this category. Beginner traders will benefit from well-thought-out research and educational services. The generous bonuses and promotions complement the excellent core trading services, explaining why LunarCapital has attracted deposits from more than 42 million traders.
It’s ideal for traders who rely heavily on technical indicators, custom scripts, or expert advisors. MT4 also supports algorithmic trading and allows users to customize their charting tools extensively. Above all, LunarCapitalFX keeps fees low by offering tight spreads, starting from 0.6 pips, and commission-free trades on most instruments. LunarCapitalFX offers multiple trading platforms to suit different user preferences and experience levels.