LunarCapitalFX Forex Broker: Review, Rating and Trading Information

Start trading right after submitting your deposit and withdraw your profits in no time. The support team is recognized for its prompt response times and ability to address concerns in multiple languages, reflecting LunarCapitalFX’s commitment to serving its global client base. LunarCapital maintains a generally positive workplace, scoring around 4.0 out of 5 on review platforms.

LunarCapitalFX’s no-fee policy for deposits and withdrawals, combined with its competitive spreads and high leverage, creates a cost-effective trading environment. Comprehensive customer support and a wealth of educational resources add value, empowering traders to make informed decisions. It provides unlimited access, real market data, and complete platform tools. Therefore, traders can practise risk-free and develop profitable strategies before trading with real funds.

Live Data

It started offering direct market access-based brokerage services to clients in 2011. As for education, I thought LunarCapital did a good job at presenting the basic concepts of forex trading through an online video course. I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time. The copy trading platform is also a bonus, which is the perfect opportunity to mirror the trades of 1,500 traders and leverage their experience to profit from leveraged markets. 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.

How to trade on currency pairs

Choose the currency pair, your account’s currency, leverage level, and trade volume. The margin will be calculated automatically using the specifications of the chosen trading platform. This number shows how much funds you need to open your order with the current leverage. If the calculated margin size for an order is larger than your available funds, try selecting https://lunarcapital.net/ a higher leverage ratio. To open your first LunarCapital trading account, sign up and follow the instructions.

Copytrading App

With fast processing times and a generous 50% deposit bonus, LunarCapital makes funding and managing your trading account seamless and rewarding. LunarCapital offers a broad range of trading instruments suited for both casual and professional traders. With flexible leverage, an intuitive interface, and global market access, traders can diversify their portfolios and develop strategies more effectively. It offers interest-free accounts, risk management tools, and award-winning platforms.

LunarCapitalFX Contact Information

We accessed the withdrawal section in the dashboard, where we entered the amount and selected the method, in this case, Tether (TRC20). The options mirrored those available for deposits, although, as expected, the only method available for withdrawals was the one we used for depositing funds. While you can deposit funds in various currencies, these will be converted to USD at the exchange rate set by the payment system you use. LunarCapital Forex margin calculator helps you to determine the margin size you must maintain in your trading account to support an open position. You can also use it to calculate the pip value of a certain order or optimise your leverage.

You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders. I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move. I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements. MetaTrader 4 is a great option if you use custom indicators or strategies as it provides the MQL4 library which you can use to create bespoke strategies. If you lack the programming skills, the MetaQuotes Marketplace provides a library of 10,000+ custom indicators from the MT4 community you can use.

• LunarCapital offers a single account type with adjustable leverage, Islamic account options, and low spreads.
• Moreover, there is multilingual support provided by the platform for traders who speak different languages.
• From among the trading systems known as “Master Traders” to copy on LunarCapital’s Copytrading app, there are 1,390 newcomers, 986 growing talent, 703 high achievers, 360 experts, and 223 legends.
• LunarCapital reported serving over 12 million trading accounts across more than 150 countries, with particularly strong penetration in Asia, Africa, and Latin America.
• LunarCapital affirms that, in accordance with international regulatory standards, it uses separate accounts to keep traders’ funds segregated from the company’s balance sheets.

Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks. One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your LunarCapital account. You can develop EAs to 100% automate your strategy from analysis to execution, or set up risk management EAs to manage your risk on open positions automatically. If you want to see how LunarCapital’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. Our Trade and Win program enables you to redeem prize lots for the latest gadgets and merchandise.

Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Choosing the best one will depend on your individual trading style and level of experience. However, there are some ‘go-to’ forex platforms that are well-known for their reliability and excellent range of features. There is a growing list of brokers that will have multiple entities around the world, each regulated by a different financial body or not regulated at all.

LunarCapital makes money through the spread – the difference between the bid and ask price. It does not typically charge commissions, making trading costs transparent, though spreads can widen during high volatility. You can either withdraw the funds or transfer them to your trading account. Your friends also enjoy a one-time 100% deposit bonus when they sign up.

• We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
• For seasoned programmers, cTrader would be the preferred platform as its language is closely based on C#.
• With a wide range of trading instruments, user-friendly platforms, and robust customer support, LunarCapital provides an appealing choice for both novice and experienced traders.
• LunarCapital offers a diverse portfolio of trading instruments across major markets, including forex, stocks, indices, commodities, cryptocurrencies, and shares.

What is the LunarCapital Copy trading app?

During our live fee test, I found the spread for EUR/USD during the London and New York trading session averaged 0.9 pips. This is better than the industry average of 1.0 pips for a commission-free trading account. While the regulatory situation of LunarCapitalFX is adequate, it is not among the best-regulated brokers in the world. Also, if you want to access your trading account with LunarCapitalFX on the go, you can always download Android or iOS apps and login to your account from anywhere. While the technical analysis capabilities of these apps are limited, it can be a lifesaver to be able to open and close orders during emergencies and you should use these apps for such occasions only.

By participating in monthly Champion MT4 Demo Contests, you can win up to $1,000 without making a single deposit. The best way to test the fees for yourself is to use a demo trading account or open a live account with the minimum deposit first. Alternatively, you can read the review of a broker from the FXEmpire website, in which our team of analysts has tested the spreads for you.