Trading account types compared: assets, benefits, conditions

The Lunar CapitalTrader account is known for its versatility, whereas the MT5 account is technically advanced, and the MT4 account type has a simple user interface. As a globally regulated and trusted broker, Lunar Capital recommends carefully reading online reviews first to verify that the vast majority of a broker’s clients are happy with their withdrawals. On its part, Lunar Capital draws from its experience in engaging with various payment systems worldwide to provide an efficient, fast, and reliable withdrawal mechanism. Lunar CapitalFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading. A low spread andminimum depositas well as its own copy trading service make it perfect for many. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect.

With a wide range of trading instruments, user-friendly platforms, and robust customer support, Lunar Capital provides an appealing choice for both novice and experienced traders. The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders. However, it’s important to note that Lunar Capital doesn’t offer trading in certain instruments like ETFs and stocks.

years in the market

The suitability of a broker is largely dependent on individual trading preferences and goals. From our assessment, Lunar Capital emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration. Both platforms are available on desktop, web, and mobile devices, ensuring seamless trading https://lunarcapital.net/ across various operating systems. They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.

By trading cryptocurrencies as CFDs, Lunar Capital allows traders to profit from both rising and falling markets, providing a convenient and efficient way to participate in the dynamic crypto market. This approach caters to those seeking exposure to cryptocurrencies without the complexities of managing digital wallets or exchanges. Lunar Capital provides access to global indices such as the NASDAQ, S&P 500, and DAX. Traders can take positions on these indices through CFDs, allowing them to speculate on price movements without the need to own the underlying assets. This flexibility enables traders to profit from both rising and falling markets, making it a convenient option for those looking to diversify their trading strategies. By offering indices as CFDs, Lunar Capital gives traders the opportunity to participate in global markets with lower capital requirements and enhanced leverage options.

Customer Support

This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. In this Lunar CapitalFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security. This is a distinct characteristic that avoids surprises, which are mostly negative for traders, especially on certain days when swaps can be doubled. Lunar Capital affirms that deposits can be made via bank wire, credit card, digital wallet, and cryptocurrency. The available methods vary depending on the client’s residence and may include local bank transfers.

Lunar CapitalFX MT4 Micro Account

Lunar Capital offers a broad range of forex pairs, including major, minor, and exotic currency pairs. With its tight spreads and fast execution speeds, Lunar Capital caters to both new and experienced forex traders. This wide selection of forex pairs allows traders to explore various markets and strategies, making it a versatile choice for different trading preferences. Whether you’re looking to trade popular or less common currency pairs, Lunar Capital provides a reliable platform.

Further protection is also available through the guaranteed stop loss that Lunar CapitalFX makes available in exchange for a small mark-up when you are opening a position. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. The minimum order size you can expect when trading with Lunar CapitalFX is 1 micro lot. This is the same as 0.01 standard lots, or equal to $1,000 in cash value. Unlike most brokers, Lunar CapitalFX does not charge any kind of inactivity fee.

What Reddit Users Say About Lunar CapitalFx

  • Additionally, Lunar Capital keeps client funds in segregated accounts, ensuring that these funds are protected and separate from the company’s own capital.
  • However, when we performed the same operation for the same MT4 account from the Lunar Capital app, we found that this partial closing was allowed.
  • A broad range of topics, from technical analysis to trading strategies and platform tutorials, are covered.
  • By pressing ‘set up copying’, the orders of the Master Trader will be copied automatically.
  • Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.

By participating in monthly Champion MT4 Demo Contests, you can win up to $1,000 without making a single deposit. Whether it’s their infamous CopyTrader or global outreach that caught your attention, there is no doubt that eToro is a top broker. This review will discuss how to open an account with eToro, regulations, online trading fees, spreads, leverage, verification process, safety measures and deposit & withdrawal methods. On Lunar CapitalFx, customers can withdraw funds from their trading accounts using the same ways they deposited. To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours.

ICF protects client accounts for up to €20,000 if a firm becomes insolvent. A trader working with a broker entity regulated offshore would not necessarily have these benefits. It ticks many boxes for traders, who can access it through the live chat, email, phone, or by using an enquiry form. This section includes details of the basic operations of the financial markets.

  • Lunar Capital does not charge deposit fees, and processing times range from instant to a few days.
  • By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments.
  • This entity is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, which is a more stringent regulatory body, though not top-tier.
  • By offering CFDs, Lunar Capital ensures that traders can easily participate in the commodities market with lower capital requirements and enhanced leverage options.
  • To open your first Lunar Capital trading account, sign up and follow the instructions.

In line with the desktop version, the Lunar Capital trading app is execution-focused. It provides a range of core services, including charting tools to help clients get into the markets with the right level of support. All of the platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers, and the Lunar CapitalTrader platform is developing a following of it’s own. It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. Lunar Capital extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the Lunar CapitalTrader account.

With its comprehensive tools and improved functionality, MT5 is ideal for traders who https://lunarcapital.vip/ require advanced options to optimize their trading strategies. Lunar CapitalFX supports the popular trading platform MetaTrader 5 (MT5), widely appreciated for its advanced analytical tools and user-friendly interfaces. The broker caters to traders of all experience levels, offering educational resources, demo accounts, and low-deposit entry points, making it particularly suitable for beginners. Lunar Capital provides several account types to suit a variety of trading needs, including the Micro, Pro, and ECN accounts, each offering unique features and benefits. These accounts are designed to cater to traders at different experience levels and with varying trading strategies.

We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.” Lunar CapitalFX is a global forex and CFD broker that has been providing online trading services since 2011. Headquartered in Saint Lucia, the company has grown to serve over 12 million client accounts from more than 180 countries. Lunar CapitalFX is regulated by several decent financial authorities and has a good record in that regard. In our review, the entire withdrawal process took less than 35 minutes. We accessed the withdrawal section in the dashboard, where we entered the amount and selected the method, in this case, Tether (TRC20).

Trading Platforms

Furthermore, Lunar CapitalFx has an easy-to-use app which is also available on Android and IOS devices. This app allows users to enjoy a smooth trading experience and keep track of executed orders from anywhere. Lunar CapitalFX’s extensive range of trading instruments, combined with flexible leverage options and competitive spreads, caters to both novice and experienced traders. The broker’s commitment to providing a diverse and cost-effective trading environment empowers clients to implement various strategies across multiple markets, enhancing their potential for success.

Copy trading is a way to make trading more accessible by copying trade positions. Moreover, you do not need trading experience for copy trading, so even novice traders can participate without incurring losses and risks. The platform offers competitive spreads that range from 0.8 to 65 depending on the type of currency pairs. The currency pairs like EUR/USD and a few others have a tight spread of 0.8 pips; most pairs have competitive spreads except USD/ZAR, which has a spread of 65 pips. The Lunar CapitalFX app is also available for traders to download and practice convenient trading from anywhere in the world.

The account opening process at Lunar Capital is fully digital and can be completed within minutes via the company website. The broker offers three main account types; Lunar CapitalFX MT4, Lunar CapitalFX MT5, and Lunar CapitalTrader. The score for this category was weighed down because only one base currency is available (USD) and there is no option for a raw spreads account. Lunar Capital excelled in the category of fees, with tight spreads in CFDs on forex and shares. It also bucks the industry trend by not charging swaps or inactivity fees. For both trading accounts (Lunar CapitalFX MT4 and Lunar CapitalFX MT5), all fees are reflected in the spread – there are no additional commissions charged.

An 11-lesson course on forex basics is available in video format and makes a good primer for new traders. Lunar Capital also provides platform tutorial videos, which cover getting started with MetaTrader, using your personal account area, and copy trading. Client orders received by Lunar Capital are offset by banks and liquidity providers. NDD (No Dealing Desk) brokers such as Lunar Capital act as intermediaries between the trader and the real market and receive a defined and transparent commission for it. Each status level brings advantages, such as reduced spreads, quicker access to bonus funds, and faster accumulation of prize lots for the Trade and Win program. Lunar Capital offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS.