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. LunarCapital frequently runs welcome/deposit bonuses, trading contests, loyalty and refer-a-friend programs. Offers are entity/region dependent and come with terms & volume requirements—always review the current T&Cs before opting in. I would work on the pricing, as much as a lot of traders might find it affordable I still believe the broker can do better. I like how easy it is to use the platform and also the fact that I am able to reach out to customer service and I get a quick response.
By using TradeCopier, users can start copying other traders, benefit from their expertise, and expand their own portfolio. Copy trading is a strategy where investors follow experienced traders who have a high success rate and copy their trading strategies. In copy trading, the trader will directly copy the moves of a successful trader, whereas in mirror trading, traders follow signals which are developed from the trading patterns of different successful traders. LunarCapital’s TradeCopier platform allows individuals in the financial markets to automatically replicate the positions opened and managed by other traders in real time.
- With CFDs, LunarCapital traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
- Therefore, you should only risk trading when you understand that your capital is at risk at any time.
- The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded.
Rubbish broker
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Idk but here I got my previous expectations crushe about support, becasue the last places ive been client didnt have proper communicaiton with clients. But here it was nice to get some respect and some actual answers to my questions. This was actually one of the reasons I signed up in the first place, and I am actually happy to be a client here.
Another user mentioned that they had to switch account types to suit their trading strategy. Despite these minor issues, users have generally reported a positive trading experience with LunarCapital. They have commended the company’s customer support, which is available in more than 30 languages.
LunarCapital is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of LunarCapital going into insolvency. LunarCapital compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like LunarCapital to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for LunarCapital traders. As a trader, you should feel confident that your financial investments are in good hands with LunarCapital. So take the time to research LunarCapital thoroughly https://lunarcapital.space/ and make the most of your online investing experience.
Benefits of Trading with LunarCapital
On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. Don’t be scared off by brokers like LunarCapital charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. LunarCapital partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds.
However, the deposit fees and restrictions may depend on the corresponding and intermediary banks. The withdrawal fees and restrictions vary depending on the method used. Please note that the information provided is based on the latest available data and may be subject to change. Millions of people worldwide use Android mobile devices and tablets, and LunarCapital offers its clients access to the MetaTrader 4 platform on these devices. With the LunarCapital MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets.
However, if you’re looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link. It’s recommended that you check the LunarCapital website before signing up. If you decide to close your LunarCapital account, it’s important to do so with the LunarCapital broker customer support and obtain confirmation that no remaining LunarCapital fees are due.
Popular Forex Guides
For example, under normal circumstances, a non-commission account could quote a roughly 1.0-pip spread for EUR/USD. Should markets become highly agitated due to breaking news, that spread might spike. In contrast, a raw-spread or zero-spread account normally maintains minuscule spreads—sometimes near zero—but asks for a commission at each trade opening and closing.
Your capital is at risk
Most of them looked flashier on the outside, but inside, all were worse. I’ve been trading with LunarCapital for 1,5 years already, and haven’t had any serious problems with them. They are just great without any exagerattions… The costs of trades are nice, the executions are instant and withdrawals are working just like they have to. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions. The LunarCapital phone support team was able to assist us with our queries and issues. We put their multilingual support to the test by speaking to them in various languages, and they were able to communicate effectively. While it may be a new skill set for some, it is what the market requires for success.
Commodities
Flexibility, backtesting, and accessibility are a few more reasons for EAs’ appeal. Like anything else, the human factor is essential, plus a robot could not possibly reach the greatness of the world’s best fund managers. If you are going with an EA, then make sure you are getting what you are paying for. Do your own research and find out how much it costs to get a decent one. Your EA may be complex enough to perform certain actions, but this doesn’t mean it is faultless or can compare to a human-thinking trader. For this reason, please remember that your EA might help you limit the emotional impact on your trading but removing it completely may create new issues.
- This setup is particularly useful for building risk management proficiencies and stepping into real trading with a controlled budget.
- It is common to experience rapid losses when trading financial investments like Forex, CFDs, Social Trading due to market volatility.
- To view the LunarCapital payment options available, you can log into your LunarCapital member’s area.
- For those who prefer trading from their computers, LunarCapital caters to both Windows and Mac users, ensuring a consistent and powerful trading environment across all platforms.
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. Customer support at LunarCapital aims to respond constructively to inquiries about technical issues, account processes, or software functionality. The broker’s service options normally include live chat for immediate help, email for formal or detailed concerns, and phone lines for direct communication. High-level accounts may also involve specialized or exclusive account managers offering more personalized guidance.
MetaTrader 5 (MT
LunarCapital also recommends using risk controls like stop-loss and take-profit orders to keep losses in check. The best protection is smart strategy, careful risk management, and awareness of market volatility. With these practices, LunarCapital aims to increase user confidence and trust in its services. For a safer experience, make sure you open your account with a fully licensed LunarCapital entity. Licensed brokers usually segregate client funds, offer negative balance protection, and have clear ways to resolve disputes. They are also audited, must hold enough capital, and publish key disclosures.
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