Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades. In my estimation, LunarCapitalTrader is a great fit for technical and day traders looking to scoop the next best trading opportunity, thanks to featured trading signals and market breakdowns. The platform is also suitable for beginners who can track their progress and learn from their mistakes using the ‘LunarCapitalVision’ tool. Deposits and withdrawals are also free of charge with the broker, though third-party processing fees may apply.
MetaTrader 4 & 5 are complete trading systems that allow you to make different types of trading orders, CFD trading and other advanced trading features. MetaTrader 5 and MetaTrader 4 are available for both desktops and web. For example, the desktop version offers 38 technical indicators (classic trend indicators, volume indicators, oscillators), while the web version offers 30 indicators for technical analysis.
Also, there is no commission based account soffered all Broker fee strucutre is based on spread, which is important to note for trades who prefere commission fee structure. LunarCapital has recently announced about it going swap-free in all the regions it operates. Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees.
- LunarCapital provides transparent trading conditions with no commissions, no deposit or withdrawal fees, and competitive floating spreads starting from just 0.6 pips.
- However, the payments we receive can influence the products, companies, or services we highlight and evaluate.
- With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a critical ability for busy traders.
- In terms of tools, traders can choose the most convenient platform among LunarCapital Trader, MT4, and MT5.
- Risk WarningTrading forex, cryptocurrencies, indices and commodities involves significant risk and may not be suitable for all investors.
Opening a MetaTrader 4 demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques. The account works like a real account, except it allows you to trade with virtual funds rather than real money. Experienced traders often use MetaTrader 4 demo accounts to test new trading strategies before using them in real trading.
This means that European traders or those clients that are registered with LunarCapital European entity will fall under ESMA regulation Leverage. LunarCapital is a versatile choice for traders since it presents a good range of over 300 trading instruments across several asset classes, yet the range is consistant of mainly most popular and volatile instruments. For a wider selection of products with thousands of instruments we would advise selecct other Broker then. The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders. Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders.
Does LunarCapital offer a demo account?
With 30 technical indicators and 15 drawing tools, the app allows efficient chart analysis right away. LunarCapitalFX’s no-fee policy for deposits and withdrawals, combined with its competitive spreads and high leverage, creates a cost-effective trading environment. Comprehensive customer support and a wealth of educational resources add value, empowering traders to make informed decisions. From our point of view, the given variety of tradable instruments by LunarCapital is slightly higher than average. Users should take note of the risks involved in every asset class and decide on what they want to achieve financially, so that they trade with reason and stay safe. On the plus side, it offers swap-free trading on all instruments, charges no inactivity fees, and doesn’t tack on handling fees for deposits or withdrawals.
Whether you’re a novice exploring the markets or a professional looking for advanced tools, LunarCapitalFX provides the necessary resources to achieve your trading goals. MetaTrader 5 is a feature-rich platform designed for more experienced traders who seek advanced tools and in-depth analysis. With a wide array of technical analysis tools and customization options, MT5 is perfect for those who require a more complex and flexible trading experience.
Customise your account—real or demo—or just create a standard margin account in one click. Discover its features, pros, cons, and whether it’s worth signing up for in this detailed Algotest review. Finally, their website also houses an FAQ section and a glossary of forex trading terms.
Mobile trading apps
MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS. The LunarCapital app retains the versatility and functionality of its web version. The charts are pleasant-looking and detailed, though they lack a variety of technical indicators and chart configurations. I enjoyed using the LunarCapitalTrader platform because of its user-friendly design and high-definition charts. The ‘Space’ and ‘LunarCapitalVision’ tools are nice additions, greatly enhancing the platform’s capabilities. The LunarCapitalTrader platform is available on most browsers and supports 13 languages, including English, French, Spanish, Portuguese, and more.
- I appreciated that the app also offers access to LunarCapital’s massive library of past webinars, allowing newbies to learn hands-off even while on the go.
- Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge.
- In 2019, LunarCapital announced that its MT4 and MT5 accounts would not incur swaps or any type of commission.
- LunarCapital excels in customer service thanks to its sophisticated AI assistant.
- We’re helping traders build stronger futures by offering a wide variety of educational articles and videos, insights from which can be applied to our unlimited demo accounts.
LunarCapitalFx Compared to Other Brokers
On the downside, its spreads vary widely, ranging from tight on EURUSD and share CFDs to high on commodities and indices. The LunarCapital mobile app can be downloaded and quickly recognizes and retrieves data after entering the username, requiring no further action. From the LunarCapital app, users can open positions in the LunarCapital account as well as in MT4 and MT5, which can also be done using those specific applications. This means the app provides complete control over all open accounts and displays the full trading history.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. LunarCapital offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LunarCapital wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.
How does the LunarCapital deposit bonus work?
While it doesn’t provide third-party research, the in-house content is more than sufficient for keeping up with market movements. I tested the LunarCapitalTrader web platform and was impressed by its seamless design, high-definition charts, and, especially, its ‘Space’ and ‘LunarCapitalVision’ features. ‘Space’ represents an all-in-one research tool, including actionable trading ideas, AI-generated signals, market news, technical breakdowns, and more.
Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform’s servers exchange data secured by RSA digital signatures through encrypted servers.
New instruments: XRPUSD and BCHUSD
LunarCapital research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. Beginning and expert traders can use the LunarCapital web platform because of its easy-to-use interface. It lets customers make rapid and effective trades without unnecessary complexity, therefore supporting complex trading activities. Providing access to sophisticated charting tools and technical indicators, the platform effortlessly connects with MetaTrader 4 (MT4) and MetaTrader 5 (MT5). LunarCapital broker offers three account types available at International porposal that also define trading conditions by the platform that is used for trading itself.
For those familiar with cryptocurrency wallets, this process is very simple and quick. In our review, we only had the option https://lunarcapital.world/ to use Neteller, Skrill, and cryptocurrencies. Even after verifying our identity, those were the only methods available to us. We consulted customer service, and they confirmed that these were the available methods for our accounts. LunarCapital is regulated by the Cyprus Securities and Exchange Commission (CySEC). However, we can notice the lack of additional reputable licenses which heavily weighs down the platform’s robustness.
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