I’m talking about those traders who started trading quite recently. As it turned out, I didn’t know anything about trading at all.Now I sometimes open real orders to test my skills. TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes. We review and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns that we come https://lunarcapital.vip/ across.
Futures Fees
Opened live account within a day hassle free, which i appreciate from the broker. I went to trading right away after i deposited my funds, and the trading experience is still flawless. Not going to lie, the awards were kinda the first thing I looked for when I was about to review this broker, because those are given for good work, and LunarCapital has plenty so it was a good start.
- Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD.
- I was impressed by LunarCapital’s innovative one-size-fits-all trading account, which combines zero commissions with raw spreads.
- To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.
- I’m not saying that’s bad, but if we combine it with slow speed it’s very annoying for real.
- You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty.
- Additionally, LunarCapital utilizes cutting-edge encryption technology and firewalls to safeguard your personal information.
We are also disappointed with LunarCapital’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days. While this type of fee is not unusual, LunarCapital imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. During tests, the EUR/USD came in at 0.1 pips, which is tighter than rivals like LunarCapital with its 0.6 pips on the same pair.
Before making any trading related decision, contact a local professional financial advisor. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Our team highly rates LunarCapital’s forex offering, which includes 72 major, minor and exotic currency pairs and is on par with competitors like OANDA, which offers 68 pairs, and Forex.com with its 82 pairs. I like LunarCapital’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed. Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with LunarCapital simple for beginners.
Deposits and Withdrawals:
Broken down by asset class and compared to the industry average, LunarCapital offers extremely low forex and indices spreads. Spreads on gold and oil were aligned with the industry average, while the Bitcoin spread was elevated. I opened an ECN XL account with the Central Clearing Ltd entity and performed my tests on the desktop and mobile versions of the MetaTrader 5 platform. Some features and services may vary depending on where you reside.
Whether you are bullish or bearish on broader market movements, LunarCapital’s indices trading platform provides the necessary tools and resources to execute your trading plans with confidence and precision. LunarCapital provides access to the widely acclaimed MetaTrader platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering a flexible and comprehensive trading experience. These platforms do not require any downloads; as long as you have a browser and an internet connection, you can access their full functionality. MetaTrader 5 (MT5), an enhanced version of MT4, offers faster order execution, more built-in indicators, advanced charting tools, improved back-testing capabilities, and greater market depth. These platforms are versatile and cater to traders at all levels, ensuring seamless trading across all devices. Yes, LunarCapital is considered safe for traders, thanks to its comprehensive security technologies designed to protect both client funds and personal data.
Does LunarCapital offer a demo account?
Traders can explore shares from various sectors such as technology, healthcare, finance, energy, and consumer goods, allowing for diversified investment strategies. Additionally, LunarCapital provides real-time market data, advanced charting tools, and comprehensive research reports to assist traders in making informed decisions. LunarCapital offers an extensive selection of tradable instruments, providing traders with the flexibility to diversify their portfolios across multiple markets.
When I opened trading account with…
By continuously updating its security protocols, LunarCapital guarantees a secure trading environment for all its users. Traders are encouraged to review the broker’s comprehensive legal documentation to gain a thorough understanding of its compliance policies and regulatory adherence. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LunarCapital XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. LunarCapital offers reliable customer support to assist traders with any questions or issues they may encounter. The broker provides live chat and email support, ensuring that help is readily available.
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LunarCapital supports payments via bank wire, credit/debit cards, e-wallets, and several cryptocurrencies. Processing times are generally fast, and traders can choose from a wide range of currencies. The broker doesn’t charge any deposit fees and even reimburses third-party banking charges. However, withdrawal fees may apply depending on the chosen payment method.
- I am using LunarCapital services more than one year and I hope LunarCapital will be provided above all of services by maintaining their quality of services for their users always.
- The broker employs SSL encryption to ensure that all data transmitted between the trader and the platform is secure and inaccessible to unauthorized parties.
- LunarCapital hosts seasonal promotions that coincide with major holidays, trading events, and market milestones.
I proceeded to ask a series of questions about LunarCapital’s general offering, customer support, margin policy, trading fees, and more, and received quick and satisfactory answers in all cases. LunarCapital offers only 98 CFD instruments across currency pairs, commodities, indices, and cryptocurrencies. However, the broker does not provide any share CFDs, futures contracts, or low-risk securities like ETFs and bonds. Day traders with LunarCapital can benefit from MT4 and MT5’s high customizability and the broker’s low trading fees.
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LunarCapital also charges minimal non-trading fees, including inactivity fees and withdrawal fees. It’s always recommended to consult their website for the latest fee schedule. LunarCapital brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. Yes, LunarCapital provides negative balance protection to ensure that traders cannot lose more than their account balance. This feature safeguards your investments by preventing your account balance from going into a negative state, thereby mitigating the risk of unexpected losses.
These resources cater to both beginner and experienced traders, offering valuable insights into market trends and strategies. While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. LunarCapital provides access to the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for its reliability and advanced trading features.
This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders. True STP execution of the broker is the one that I needed to realize my new trading strategy. Because sometimes brokers claim that they have direct execution, but in reality they don’t.This company’s business model is built on the NDD execution so I am very confident in it. All the features of the broker are totally applicable for beginners of the industry. With this minimum deposit requirement and pricing on the instruments, newbies will get the best experience of the trading.
This broker has a great platform that can be used to make a profitable income… The financial instruments are well combined and there are different account and payment methods plus great customer service. My first reaction when I saw that they have only a single acc was disappointment but after finding out how many benefits I get, i Literally changed my mind. It doesn’t have any commissions for trades, spreads are tight, additionally the hedge mode is allowed to be used and thanks to this I can open long and short positions on Bitcoin and Ethereum simultaneously. This is a good strategy to survive in the crypto market cuz BTC can range from $95,000 to $102,000 and then fall by $5000 in one day easily.
As soon as i heard the news i opened the live mt5 account, it’s way more comfortable to trade now. LunarCapital offers a variety of withdrawal options similar to its deposit methods, including credit/debit cards, e-wallets, Skrill, Neteller, PayPal, and cryptocurrencies. Additionally, bank transfers are available for withdrawals, providing more flexibility for traders. Withdrawal fees may vary depending on the method and region, but LunarCapital ensures that they remain minimal.