In addition to theMT4 features, it provides a far more customizable interface, stop limit orders and native economiccalendar. At present, Lunar CapitalFX can support three primary cryptocurrencies – Bitcoin, Ethereum and Litecoin. Read our full explanation and accounting of our research and testing process to learn more about how we test. Lunar Capital 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. The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK.
The educational materials provided by the broker are sufficient to help traders learn what forex trading is and grasp the basic concepts. The account types are Lunar CapitalTrader, MT4 and MT5 accounts for every trading platform the broker provides. 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. CTrader provides a convenient and feature rich environment for more flexible trading.
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.
Tools
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. It ticks many boxes for traders, who can access it through the live chat, email, phone, or by using an enquiry form. NBP — the Lunar Capital management/trade order system ensures that the client cannot lose more than the initial deposit in their account. Even if a position ‘gaps’ in extreme market conditions, then the client will lose the funds in their account by no more than that. A lot of brokers consider them mutually exclusive, so only offer one, if any at all. This section includes details of the basic operations of the financial markets.
Trading Instruments
The Lunar CapitalTrader platform is innovative, modern, and very well suited for beginners. There is an element of simplicity that you find in many of the more bespoke platforms designed for the modern user that many will enjoy. Lunar Capital is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, its products are available through Lunar CapitalFX.com and Lunar CapitalFX.eu. At Rationl FX, we prioritize clarity and transparency in all our interactions. Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them.
Regulation and Security Measures
On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high. In terms of trading strategies allowed, scalping, expert advisors and hedging are all permitted across each of the two account types, which is not to be taken for granted. Whether you prefer reaching out via live chat, email, https://lunarcapital.net/ or phone, the platform ensures that you can connect with a representative whenever required.
Lunar Capital gives high priority to the ‘Analysis and Education’ section of its site. The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading. This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt. There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders. The Lunar CapitalFX.com website is registered under Uni Fin Invest regulated and licenced in Mauritius by the FSC, traders can experience alternate leverage ratios and bonuses depending upon where in the world you are.
- At Lunar Capital, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind.
- Whether you prefer reaching out via live chat, email, or phone, the platform ensures that you can connect with a representative whenever required.
- Additionally, be aware of inactivity fees if your account remains dormant for an extended period.
- Investors can benefit from trading on the most popular market indices such as NASDAQ, Eurostoxx 50, Dow Jones etc.
Popular Forex Guides
You may also open a demo account to test the different trading platforms and conditions before opening a real account, should you wish. I think this can be a good way to practice your trading strategies and build your confidence without any risk. You can always switch over to a live account when you feel ready to do so. Lunar Capital’s trading environment is best for regular market participants for active traders.
- Clients are, however, not allowed to withdraw from their accounts unless the account is verified.
- It permits all financial transactions available throughconventional desktop apps.
- From among the trading systems known as “Master Traders” to copy on Lunar Capital’s Copytrading app, there are 1,390 newcomers, 986 growing talent, 703 high achievers, 360 experts, and 223 legends.
- He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Trustpilot Users’ Review About Lunar CapitalFx
The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk of losing money as well. For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users.
In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt. Naga is a licensed, publicly-listed broker founded in 2015 with over 1 million registered users. This review will show you how to open an account at Naga to begin online trading and investment. We will also provide detailed information on the broker’s fees, regulations, verification steps, safety, spread, leverage, and deposit & withdrawal methods. The broker claims to offer competitive spreads as compared to other forex brokers.
Robo and copy trading, in particular, are both areas where they appear to be aiming to gain an advantage over the rest of the market. 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. Here you will find daily trading ideas based on complex technical and fundamental analysis across a range of different trading instruments. There are also daily and weekly forecasts that cover the financial markets in great detail.
It has an intuitive user-friendly interface that is easy to navigate and fully customisable. MT4 includes many built-in indicators for technical analysis and is capable of running automated systems known as expert advisors (EAs). Multiple order types are supported with real time market execution and there is advanced risk management amongst many other useful features. MT4 is the complete platform to get started trading online and is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
During our testing, we did find that when we scaled up into maximum position size, we were able to get very close to using up our maximum margin capacity when executing. This is an observation rather than a criticism as it just demonstrates the way the site allows aggressive trading strategies to be carried out. Lunar Capital is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. Any trader understands the importance of receiving reliable and knowledgeable help when faced with challenges. Lunar CapitalFX prides itself on providing professional support that is not only accessible but also highly informative. Their support staff are well-trained and equipped to handle a variety of issues, assisting you with clear, effective solutions to your inquiries.