There’s a required number of assets, fast software in the form of famous MetaTrader 4 and the broker ensures full-fledged support on every step. Maybe I am biased but I think that Lunar Capital deserves more credit as a forex broker.I found nothing shady about the company and conditions are great.Additionally I get to trade at the broker with history. I don’t know how I end up here, but in the end it was a good decision. I think someone from my close circle recommended Lunar Capital to me.All in all I am sure that everyone can trade forex with it and be profitable. But at least you can be sure that Lunar Capital is a trustworthy broker out of millions of dubious ones.I know it because of the long history of the company in general.
Does Lunar Capital offer negative balance protection?
- All payments made to Lunar Capital by traders are securely held in a segregated bank account.
- When considering Lunar Capital for your trading activities, its financial regulatory status in your region is crucial.
- Mobile users benefit from total trade management without having to sacrifice functionality.
- You should take the security of your personal information seriously and check SSL encryption is enabled on the Lunar Capital trading platform to protect you on PC and mobile Lunar Capital platforms.
- And in general, after watching a few videos, I could easily get an idea how to open trades.
Overall, we had a good experience with the email support provided by Lunar Capital. We tested the effectiveness of communicating with Lunar Capital support in multiple languages and countries. Our customer issues were resolved promptly by the Lunar Capital support team, proving their ability to efficiently and effectively support customers in diverse locations and https://lunarcapital.vip/ languages. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Lunar Capital involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Does Lunar Capital offer guaranteed stop loss?
By the way, the second reason, why it was nice to start trading with them, is the place where you trade. And in general, after watching a few videos, I could easily get an idea how to open trades. Just a few days ago I closed excellent buy order on EURUSD currency pair. Trading according to the market analysis has really helped me increase my profit, for sure Lunar Capital is really the main deal!! The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream.
- To protect your investments, opt for brokers with a strong regulatory track record and a commitment to transparency and excellent customer service.
- If you are a scalper, then the best choice for you is apparently Absolute Zero account, where are no commissions and ultra narrow spreads.
- Whatever you are looking to trade, the varying Lunar Capital account types will be able to provide you with what you need.
- Their dedication to innovation, competitive spreads, and superior client service have earned them recognition as an award-winning broker.
- They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules.
A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. 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. Lunar Capital offers Metatrader 4 and 5 but no dedicated or proprietary trading platform. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface.
When we used Lunar Capital, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. Lunar Capital also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. You can also go ahead and make use of their live chat or even call the company directly so as to test immediacy of response.
Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments. Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information. Lunar Capital has been facilitating trade on the financial markets for over 15 years.
Markets Available for Trade
Traders have reported difficulties in reaching the support team, receiving vague responses, and experiencing a lack of assistance when encountering issues. Reliable brokers typically prioritize top-tier customer service to ensure traders have a smooth and satisfying experience. Numerous traders have reported significant issues with withdrawing their funds from Lunar Capital accounts. These delays and outright cancellations of withdrawal requests have left investors in a state of financial limbo, unable to access their money when they need it the most. This has understandably sparked outrage and suspicion within the trading community. Lunar Capital is a global Forex trading platform that claims to provide users with the best trading experience.
Is Lunar Capital suitable for automated trading?
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Lunar Capital provides a smooth and secure process for both depositing and withdrawing funds.
Lunar Capital Non-Trading Fees
Follow the links below to learn more about these Lunar Capital broker alternatives and choose the one that best suits your trading needs. Explore the Lunar Capital platform and train yourself to think systematically and logically about the markets. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. Lunar Capital customers have instant access to the financial market and can completely manage a Portfolio on the go. Lunar Capital also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. It is important to note that Lunar Capital may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Lunar Capital platform and features immediately. However, you must pass the verification process to start live trading with Lunar Capital, which can take up to a few business days.
Brokers like Lunar Capital must disclose any inactivity fees as part of their regulations. https://lunarcapital.team/ The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. Lunar Capital are able to accommodate various levels of traders whether you are experienced or a beginner. Verification can help ensure real people are writing the reviews you read on Trustpilot.
The broker stands out with its extensive educational and research content, developed both in-house and sourced from the renowned Trading Central. Lunar Capital also offers detailed information about leverage limits, swaps, and the conditions under which spreads and commissions may change, particularly during volatile market hours. Lunar Capital regularly holds exclusive trading competitions for both live and demo traders. These competitions offer exciting rewards, including cash prizes, and are designed to allow traders to challenge their skills and earn additional benefits.
If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands. 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.
Lunar Capital Compared To Other Brokers
This program offers a lucrative partnership for those looking to grow their business in the forex market. However, they can be used as extra capital to enhance your trading experience and increase your chances of success while trading. While bonuses offer additional leverage, it’s important to note that these bonuses cannot be withdrawn and come with certain terms and conditions.