Only https://lunarcapital.net/ the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. One thing to note – LunarCapitalFX’s ECN account does charge a small $6/lot commission to offset the even lower institutional spreads they provide. It’s quick and easy – deposits are free and the money shows up in my account instantly. LunarCapitalFX also accepts Mastercard, Maestro, and UnionPay cards.
LunarCapitalFX Educational Resources
Lastly, LunarCapital also has an entity regulated in Mauritius, through Uni Fin Invest . LunarCapital has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. LunarCapital’s market research is well organized and varied in its content. 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.
Before any broker enters the market, you should know whether the market is moving upwards or downwards. It is up to you to decide whether to buy or sell stock spreads in this market. If you see a drop in the market price, then you need to click on ‘Sell’. On the other hand, if you see that the price has increased, then click on the ‘Buy’ button. The LunarCapitalFX broker has several licenses, which bring some great benefits for traders. LunarCapitalFX Holding plc is regulated by CySEC (EU), which can give you maximum benefits.
They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply. However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions. Spread is the difference between a broker’s bid and ask price. The spread for all available currency pairs offered by LunarCapitalFx – including major, minor and exotic pairs are listed in the table below.
- MT4 and MT5 are the gold standards when it concerns automated trading solutions.
- LunarCapital offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
- Shares of LunarCapitalFX are excluded from the market subject to the terms of the German Stock Exchange and the American Stock Exchange.
- You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission.
- The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community.
1000 leverage
The minimum deposit on this type of account starts from only $25. Another popular capitalisation-weighted index, the German DAX, includes the top 40 companies trading on the Frankfurt Stock Exchange, including BASF, SAP, Bayer, Allianz, and others. It is commonly believed to be a good market with substantial volumes, as it tends to have clear trends for several hours at a time with relatively small pullbacks. Like all major stock indices, DAX 40 usually responds well to technical analysis and is affected by economic news from Germany and the E.U. An index is a statistical evaluation of how the price of a particular set of stocks has changed over time. It enables the assessment of a particular market’s overall performance.
MetaTrader 5
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. Major stock market indices, such as FTSE 100, Dow Jones, SPX, and Germany’s DAX index tend to respond well to technical analysis and are generally preferred by short-term traders. Other popular indices include France’s CAC-40 and Japan’s Nikkei 225. LunarCapitalFX offers 24/7 customer support through live chat on the broker website. However, it lacks other customer care support resources, including email and phone support.
Deposit
The texts on this page are not are not investment recommendations. On most payment methods, there are no fees for depositing and withdrawing money. LunarCapitalFX will not charge additional fees, but the payment provider can do it.
- To be successful in online trading you need to go through many steps like practice, time, patience, and much more.
- Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals.
- Other popular indices include France’s CAC-40 and Japan’s Nikkei 225.
- LunarCapitalFX is one of the best platforms where traders and investors will have many advantages.
- LunarCapitalFX will make the majority of its revenue from the added spread and reinvest part of the revenue to further improve customer service.
LunarCapital is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). LunarCapital holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. Join an intenational broker with 12 yearsof experience and 60+ industry awards. Trade with a 100% deposit bonus and get a chanceto win an iPhone 15 Pro, a merch pack and many more. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform.
Risk Management
The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them. This section of the site is well supported by the Customer Services and the Education sections of the site. There is also a dedicated VPS (Virtual Private Server) for ‘algo’ traders. No, the broker does not offer real shares as part of its trading instruments. The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips.
Contrary to what most people think, Forex is not the only thing you can trade on LunarCapitalFX. Aside from trading on the Foreign Exchange (Forex or FX), you can also trade digital assets like cryptocurrencies and tokens on LunarCapitalFX. Note that debit and credit card deposits are usually processed instantly on LunarCapitalFX. Follow the instructions and complete the funding of your LunarCapitalFX account.
After a thorough analysis of the broker, we have concluded that the broker is one of the best brokers for forex and CFD trading in the market. It offers not only a wide range of trading asset platforms but also additional perks like deposit bonuses, SSL security, negative balance protection, and more. Moreover, the broker is highly regulated under two top-tier financial watchdogs, including CySEC and FSA, making the broker platform a reliable place to trade. There are a lot of additional services to complement the trading interface. The research and learning sections, for example, are of a very high standard and the in-house copy trading service is a neat addition. But the core of the LunarCapital offering is the provision of convenient, efficient, cost-effective access to the markets.
Locate and click on the mobile application links on Google Play Store or Apple Store and download the app from there. On the next page, you will be shown the list of available withdrawal options in your region. On the main page, choose the account you want to withdraw money from and click on the “Withdraw” button. Speaking of cryptocurrencies, you can trade about 30 digital assets on LunarCapitalFX. This includes popular tokens like Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and lots more.
LunarCapital offers three main account types, each designed to fit different trading styles. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005.
The broker has been in business since 2010 and has a strong reputation. Here’s an overview of its offerings, regulation, platform and more. The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security.
