Only one account isn’t a super convenient thing, but at least conditions are superior. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website. We hope you found our review of the LunarCapital brokerage firm useful. After extensive research over several years, we have compiled a list of the most effective LunarCapital alternatives available today. If you are unsatisfied with LunarCapital or want to explore other options, https://lunarcapital.live/ we recommend checking out our carefully curated list of highly-rated LunarCapital alternatives.
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Demo Account
Although we found some very useful aspects of the LunarCapital platform that would be useful to some traders. However, remember that you won’t be able to make trades on LunarCapital until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the LunarCapital KYC compliance process as soon as possible to avoid any delays in accessing the LunarCapital platform’s features. Even if an LunarCapital trader experiences a significant loss, they will never owe more money than what is available in their LunarCapital account balance. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account.
What about bonus programs? I love nice surprises from brokers 🙂
At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. You can avoid a stop-out by depositing funds into your account. 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. EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees.
Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience.
- I would have liked support to be available 24 hours a day, especially considering the company’s high standards in other areas.
- But it’s the analyst reviews and articles that have become my real love.
- Also, love that company does not force its clients to switch to MT5, I personally like MT4, so thanks for this.
- The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage.
- However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners.
Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions. LunarCapital offers Forex trading, CFD trading, and Share Dealing trading.
Online investing with LunarCapital can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial.If considering trading financial assets with LunarCapital, evaluating the LunarCapital platform is important. Evaluation includes researching the LunarCapital management team, track record, and services. Our team has endeavored to break down the complex world of trading with LunarCapital into easily digestible information in this LunarCapital review. We want to ensure you have all the knowledge necessary to use the LunarCapital trading tools confidently, from depositing and withdrawing funds to executing trades. You must be diligent and thorough in your LunarCapital review selection process to safeguard your hard-earned money.
This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. Having tested hundreds of forex brokers, I feel that the LunarCapital’s education section is fairly average, with a decent range of materials available but nothing that stands out. LunarCapital’s stop-out kicks in when your margin level drops to 50% or lower.
Please be aware that trading in financial assets with LunarCapital carries a risk of loss. LunarCapital trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
LunarCapital Commission Fees
But we don’t stop there – we also offer valuable insights into other great alternatives to LunarCapital, so you can make a more informed decision and compare other brokers against LunarCapital. Yes, our LunarCapital review experts feel that this online broker is secure. They are licensed by many respected regulatory bodies, employ ample data transfer and security measures, and possess a transparent track record of their financial transactions. Our experts however cannot recommend this broker over others from our trusted list. My mission with TrustedBrokers is to help you find the right broker for you, whether you’re a beginner or a pro.
Trading online with LunarCapital requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the LunarCapital trading tools and features. That’s why we’ve compiled this detailed LunarCapital review with some important information that will hopefully make you more informed when online trading with LunarCapital. The swift online application at LunarCapital requires a name and e-mail.
LunarCapital does not have a proprietary mobile app, though MT4 and MT5 can be downloaded to Android and Apple devices. The mobile applications have proven to be stable and reliable during testing. I used the live chat function on several occasions and received timely responses in a few minutes each time. The agents were friendly, and provided suitable answers to all my queries, in a personalized manner with no frustrating chatbots in sight. Similarly, the ‘Market Analysis’ section had a focus on just three currency pairs during testing which is not wide enough in my opinion.
Trading Hours
- Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
- I’m confident with this broker because for the time I trade with it nothing bad happened to me and particularly my depo.
- Traded here for a while initially on demo, then traded couple of months on a live account.
- In our experience, the 0.2-pip average spread on EUR/USD is far tighter than most commission-free accounts, which regularly charge 1 pip or more for this major pair.
- It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts.
- Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option.
They have the best execution model that I have used and it applies to all of their clients. Trades are executed at extremely high speeds that it is virtually impossible to have any slippage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Between 74-89% of retail investor accounts lose money when trading CFDs.
I’ve never experienced a broker like…
One of the standout benefits of LunarCapital is the absence of a minimum deposit requirement, allowing traders to start with any amount that suits their needs. Lunar Capital courses scam New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions.
This app provides access to a range of advanced trading features, allowing LunarCapital traders to stay on top of their trades and react quickly to changes in the market. With the LunarCapital MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market. Brokerage firms like LunarCapital may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the LunarCapital trading account level held by the trader. To better understand the LunarCapital trading platform, you can create two separate accounts – one with real money and the other a LunarCapital demo account.
Accounts & Banking
This will help Tradersunion.com to continue to provide our services to you for free. It is suitable both for beginners who are just taking their first steps in trading and for those who have been in the field for a long time. I was especially pleased that the registration and verification process here is simple – they don’t require a lot of documents and everything goes quickly. Opening an account turned out to be easy and without unnecessary bureaucracy.I used to study, watched how others trade, and now I decided to try it myself – it’s time to make my own mistakes, as they say.
Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. LunarCapital is an excellent low-cost choice for beginners due to its decent range of educational resources and free demo account – a great way to build up experience before trading with real capital. The $0 minimum deposit also makes the forex broker accessible for new traders.
