Lunar CapitalFX stands out as a versatile and cost-effective broker, appealing to traders across various experience levels. Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment. With regulation by CySEC and the Mwali International Services Authority, traders can trust Lunar CapitalFX for secure and compliant operations. Withdrawals must be made using the same methods as deposits, meaning all available deposit methods can also be used for withdrawals. To enable multiple withdrawal methods, a new deposit using a different method is required.
With more than a decade of experience and 6.6 million trading accounts from over 100 countries, traders should be able to have trust in Lunar Capital. Copiers must fund their copy trading account before following Master Traders. They may opt for a direct deposit or transfer from their trading account.
Pros and Cons about Lunar CapitalFx
Lunar CapitalFX requires a minimum deposit of 5 GBP/USD/EUR when opening an Lunar CapitalFX trading account. Lunar CapitalFX is regulated, governed and supervised by reputable financial regulatory bodies.Regulatory bodies monitor the brokers’ behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Lunar CapitalFX you should be sure they’re legitimate online agent. Trading online with Lunar CapitalFX requires an understanding of what you are doing.
Best Mobile Trading Platform 2024
The webinars are okay, but they don’t cover a wide range of topics, and the articles felt a bit outdated to me. I ended up having to do a lot of my own research outside of Lunar CapitalFX to feel comfortable trading. Luckily there’s a ton of stuff online these days, but it would have been nice to have everything in one place.
When you submit a withdrawal request, Lunar CapitalFX will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Lunar CapitalFX, you can enjoy peace of mind and focus on your trading activities.If Lunar CapitalFX violate any regulatory rules their regulated status could be stripped. Yes, Lunar CapitalFX offers demo accounts so you can learn their systems before risking any real capital. Inexperienced traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before getting a live account. The Lunar Capital Trading App uses 128-SSL encryption, and even if traders lose their device or have it stolen, Lunar Capital restricts withdrawals to the deposit method. The Lunar Capital Trading App includes daily trading signals, non-stop in-app customer support, and beginner education.
Minimum Deposit and Account Types
There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable. Lunar Capital platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders.
Lunar CapitalFX Inactivity Fees
The next-gen platform supports scripts, libraries, customer indicators, and expert advisors. Regulations are technically the first and foremost criterion to determine the trustworthiness of any forex broker. I got many queries about the Lunar CapitalFX scam or the possibility of the forex broker being a reliable one.
Its customer support team can be reached using the platform’s live chat option, email, or social media. While there are definite advantages to Lunar Capital’s high-leverage options, there are also some drawbacks. For this reason, it’s best to proceed cautiously with leverage, even if the allowed levels are high. It’s always smart to experiment with leverage by using smaller amounts until experience is gained.
- However, depending on the payment system, the time it takes for the money to arrive at its destination may vary.
- In terms of withdrawal processing time, Lunar CapitalFX typically processes withdrawal requests within 1-3 hours.
- These instruments are dynamic and convenient for both the new and seasoned traders.
- I think this can be a good way to practice your trading strategies and build your confidence without any risk.
- The 50% deposit bonus boosts traders, and Lunar Capital allows bonus withdrawals once traders satisfy reasonable volume conditions, where Lunar Capital ranks among the industry leaders.
It adheres to the financial regulations of the regions in which it operates, boosting its credibility and security. 🛡️Regulated and trusted by CySEC, MISA, FSC and FSCA🛡️3158 new traders chose this broker in the last 90 days.🛡️Available for global Traders. During our own testing, we https://lunarcapital.team/ found the average ‘first response’ time to be greater than the seven seconds claimed on the firm’s site.
MT5 on Lunar CapitalFX provides the convenience of using automated trading systems and copy trading, giving Lunar CapitalFX traders competitive research tools in the financial markets. With Autochartist, Lunar CapitalFX 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 Lunar CapitalFX users time and makes the trading process more efficient. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Lunar CapitalFX Commissions
- Lunar Capital supports a range of payment options, including Neteller, Skrill, cryptocurrencies (Bitcoin, Ethereum, Tether), and traditional methods like Visa, MasterCard, and South African Local Banks.
- Although Lunar CapitalFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide.
- On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease.
- Copiers can also manually close open positions and retain complete control over their portfolios.
- Any remaining balance will typically be returned to you using the available withdrawal methods.
Beginner traders get the most educational value from webinars, which Lunar Capital also publishes on its YouTube channel. I also recommend the 21 well-thought-through articles and its 11-video beginner’s course, which introduces new traders to financial markets. The Lunar Capital combination of written content, charts, and videos creates a valuable product.
The reason that Lunar CapitalFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Lunar CapitalFX has to be careful that they don’t breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Lunar CapitalFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. With a virtual Lunar CapitalFXdemo account, you can experiment in any way, to whatever period you desire. You can also open positions, test different trading strategies, and much more. Even if no fees are implied by Lunar CapitalFX, it is better that you close the account if you’re inactive.
Lunar Capital FX Charting and Tools
The virtual private server (VPS) is meticulously https://lunarcapital.vip/ configured to support MetaTrader 4 (MT4), one of the most reputable trading platforms in the forex community. Lunar CapitalFX provides a specialized VPS (Virtual Private Server) service for UAE forex traders. This value-added feature enables traders to run their automated trading strategies 24 hours a day, seven days a week, without relying on the availability of their devices. Lunar Capital presents an excellent opportunity for brokers and traders looking to earn a passive income through its partner program. With high commission potential, daily payouts, and favorable conditions for clients, the program makes it easy for partners to grow their businesses.
In this review, you will learn the broker’s fees, spreads, leverage, deposit & withdrawal methods, regulations and safety measures for investment in detail. We’ll also explain how to open and verify an account at Moneta Markets. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of Lunar CapitalFx affiliates to receive bonuses or chat with the live support on their website to get the promo code. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks.
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