LunarCapital has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. LunarCapital has improved its pricing and appears to keep pace with the lowest-cost MetaTrader brokers. That said, with no date range available for its average spread data, I was unable to make a precise comparison to the best brokers.” Trust Scores range from 1 to 99 (the higher a broker’s rating, the better).
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If you want to trade currency pairs on global Forex markets, LunarCapitalFX offer over currency pairs. LunarCapitalFX requires a minimum deposit of 5 GBP/USD/EUR when opening an LunarCapitalFX trading account. LunarCapitalFX 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.
LunarCapital
When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. As a result, selecting the right trading platform like LunarCapitalFX requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like LunarCapitalFX available, each with unique features, fees, and regulations.
- These prize lots can be exchanged for gifts like t-shirts, power banks, smartwatches, or even laptops, with all items delivered free of charge.
- While it may be a new skill set for some, it is what the market requires for success.
- With that said, they still offer good value in terms of trading conditions.
- Millions of people worldwide use Android mobile devices and tablets, and LunarCapitalFX offers its clients access to the MetaTrader 4 platform on these devices.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. CFDs (Contracts for Difference) let you trade on the price movements of assets—like gold—without actually owning them. I enjoyed using the LunarCapitalTrader platform because of its user-friendly design and high-definition charts.
What Platforms does LunarCapitalFX offer?
All of the same withdrawal methods are also available as your deposit method. That means you can access wire transfer, credit/debit cards, and some eWallets like Skrill. These typically take 1 day to process or less, though a wire transfer may take longer.
Once completed, LunarCapitalFX users can download the trading platform of their choice. To open a trading account with LunarCapitalFX, individuals can sign up on the LunarCapitalFX website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. LunarCapitalFX offers various funding payment methods listed in your LunarCapitalFX dashboard if available in your region. To learn more about the LunarCapitalFX funding and withdrawal options available in your area, you can explore the LunarCapitalFX website.
What platforms are available for trading with LunarCapitalFX?
MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. These are all useful and important tools to utilize for any forex trader on all platforms and brokers.
LunarCapitalFX utilizes all of the tools that are in place with your trading platform to help you to do this. Within Europe, the minimum deposit on the available account types of MT5 Pro is $50. This makes it perfect for new traders and those beginners starting out. If you are trading from outside the EU, the minimum deposit will be $25 with the LunarCapitalFX Micro account. Matching your base currency to that of your deposits and withdrawals can be an important way to help you save on paying conversion fees which ultimately increase your cost of trading. The LunarCapitalFX MT5 pro account is one which they recommend for the more experienced traders.
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Rather than specializing in any one field, LunarCapital provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, LunarCapital has room to enhance its research offering.
This means LunarCapitalFX are supervised by and is checked for conduct by the MISA (Mwali International Services Authority) (T ) regulatory bodies. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Use our country selector tool to view available brokers in your country.
- Whether you are a beginner or handling a diverse portfolio, LunarCapitalTrader, MT4, and MT5 each offer useful tools tailored to your objectives.
- The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
- This means LunarCapitalFX are supervised by and is checked for conduct by the MISA (Mwali International Services Authority) (T ) regulatory bodies.
- Brokers operate multiple entities globally, but regulatory protections vary.
Can I use LunarCapitalTrader, MT4, or MT5 for halal trading?
The floating spreads can start from 0 pips depending on your account type. LunarCapitalFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers. In this LunarCapitalFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security. LunarCapital also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management.
MT5 on LunarCapitalFX provides the convenience of using automated trading systems and copy trading, giving LunarCapitalFX traders competitive research tools in the financial markets. With Autochartist, LunarCapitalFX 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 LunarCapitalFX users time and makes the trading process more efficient.
I found the account opening process to be rather straightforward where you complete an application filling your personal details and choose the platform you wish to work with. In my case it was the MetaTrader 5 platform, however, I found that once your account is open you can select different platforms from within the dashboard. It is regulated by the FSC in Mauritius, the Mwali International Services Authority (MISA), and CySEC for European traders. The broker has also been operating for 12 years, which is a strong signal of safety in my book. If you’re unsure which platform is for you, I’ve created this 5-step questionnaire that will https://lunarcapital.space/ match your answers to help find the best forex trading platform for your trading style.
The spreads on the MT5 account were stable in my tests during the New York and Asian trading sessions. While monitoring the spreads the broker’s EUR/USD spread fluctuated between 0.80 and 0.90, which is slightly more than the minimum advertised. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Throughout our comprehensive LunarCapitalFX review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. Trading financial instruments is a high-risk activity that requires careful consideration and risk management.