At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money.

What is the minimum deposit for LunarCapital?

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. As an online trader, being up to speed on the latest financial news and happenings can be critical to your success. The LunarCapital Economic Calendar covers financial events and economic data to keep global investors informed and help them make sound trading decisions. LunarCapital provides a good selection of various educational resources and research tools to help beginners learn to trade.

Platforms

LunarCapital could improve its offering by including vanilla options or Asian stocks. The broker https://lunarcapital.net/ charges an inactivity fee and requires a minimum deposit, but it also offers discounts for active traders. The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08.

  • With LunarCapital, you can learn all there is to know about trading as a professional.
  • Other brokers worth exploring with managed accounts include Key to Markets.
  • MetaTrader 4 or MT4 can be downloaded directly from the LunarCapital website for those who prefer the downloadable software package.
  • It’s important for traders to consider potential third-party fees, such as currency conversion costs.
  • I had no seious troubles during onboarding as customer support team got my back, and I managed to pass through all mandatory steps to get down to trading easily.

Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

The payment method also comes with the PMA token, which is the means of value in the PumaPay system and works like most cryptocurrencies. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.

Tradeville Review

To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. Just a few days ago I closed excellent buy order on EURUSD currency pair. LunarCapital uses standard security features to keep clients’ personal information secure, including website encryption. Mobile users benefit from total trade management without having to sacrifice functionality.

  • If you don’t have the expertise or time to trade in the forex market, why not learn from an experienced trader?
  • They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels.
  • Forex widgets are handy tools that users may utilise to gain crucial trading information at all times.
  • Therefore, financial information regarding the broker is not available.

Then my account manager mysteriously left and automatic trades started to open. The trades had no take profit or stop loss and I had no idea when they would appear. The trades put my account in jeopardy and I had to invest more to save it. I had to hedge trades I hadn’t opened and then had to take the hit for massive fees until I could get out of the hedge trades. The automatic trades got bigger and bigger sometimes as large as multiple x10 lots of oil as an eg. Support at LunarCapital sent an email confirming the EA was turned off but still the trades appeared.

If you have experience trading with LunarCapital please share your personal review of the broker and what you think are strong and weak points. The trading platform has been very convenient and easy to navigate. I also love how cost-effective this platform is, the broker has beginners in mind. This average customer rating is based on 21 LunarCapital customer reviews submitted by our visitors. Compare the markets and instruments offered by LunarCapital and its competitors.

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. Each demo account imitates real trading conditions, the only difference is virtual money is used. Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading.

Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide. LunarCapital notes the availability of 80+ currency pairs, making it an ideal Forex broker.

What is LunarCapital’s commission fee?

The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.

Forex Trading Strategy

These e-books cover a wide range of topics, from understanding market mechanics to developing effective trading strategies. Traders can download these resources and refer to them at their convenience, building a strong foundation in trading knowledge at their own pace. 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. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times. I don’t mind paying the small commission fee as the broker needs to cover costs somehow.

Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The LunarCapital group presents clients with two regulated trading entities and maintains a secure trading environment. LunarCapital offers 310 tradable instruments at varying costs and integrates the popular MetaTrader 4 platform, which can be enhanced with an add-on for advanced charting. The broker also provides copy trading solutions through its TradeCopier service and VPS hosting for low-latency trading.

Once they try the demo versions of the accounts, they can register an actual trading account. There are several different types they can choose from – accounts are either Live or STP/ECN. The broker offers dedicated educational and research tools such as the excellent Trading Central which can be a great help for analysing the markets in detail and finding trading signals. In addition, LunarCapital offers free demo accounts and Swap-free Islamic accounts for Muslim traders. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives.

Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader. The secure LunarCapital back office handles all financial transactions for verified clients.