LunarCapital offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution. On the MetaTrader 4 platform, any trader can open a demo account funded with a virtual $100,000. This free option allows you to test LunarCapital’s spreads, quotes, and trading instruments in a risk-free environment.
LunarCapital’s focus on customer satisfaction and regulatory adherence has positioned it as a trustworthy choice for traders worldwide. LunarCapital is well-suited for both novice and experienced traders who seek a reliable and secure trading environment with competitive pricing. The broker’s diverse account offerings, extensive range of instruments, and commitment to regulatory compliance make it a solid choice in the online trading space. However, traders who prioritize advanced educational resources or are located in restricted regions may need to consider these factors before opening an account.
LunarCapital Account Types
In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account. The reasonableness of commission fees largely depends on the trading style and preferences of individual traders.
- Traders with highly specific investment preferences might find more tailored options elsewhere.
- Our commitment is anchored in fostering a vibrant and adaptive environment, laden with all essential tools pivotal for a comprehensive trading experience.
- In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
Expertise and Experience:
Traders can access 300+ instruments across Forex, Metals, Commodities, Indices, Shares, and Futures, all via CFDs. Yes, introduce new clients and you may receive CPAs up to $750 and bonuses up to $10,000. LunarCapital is a Seychelles-based Forex and CFD broker established in 2018. It operates under the brand name of Tradeco Limited and is licensed by the FSA (Financial Services Authority of Seychelles). Once registered, prepare the necessary supporting documents to complete the verification process and activate your trading profile.
Account Types
Keep in mind that choosing a high leverage is not always a smart decision. Leverage helps traders increase their purchasing power and get higher returns. However, when trades go against predictions, high leverage can increase losses.Base currencies include USD, EUR and GBP.
TOP CRYPTO BROKERS
As pioneers in the realm of online trading, we extend a beacon of opportunities across global financial markets to traders of all calibers. Whether you are just embarking on your trading journey or are a seasoned professional, we are here to navigate you towards financial liberation within the expansive financial markets. LunarCapital provides trading services on over 300 financial instruments across six asset classes, including Forex, and Shares. The company has an LunarCapital cheating average score of 3.7 on TrustPilot, and offers 24/5 support in 30 languages.
Prior to opening a trading account with a broker, you should have all the information about regulations, trading instruments available, trading fees, platforms, funding options and customer service. Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience. By considering the needs of both novice and professional traders, we deliver well-rounded evaluations that highlight both the strengths and areas for improvement for each broker.
Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. LunarCapital offers a variety of account types tailored to meet the diverse needs of its clients, ranging from beginners to experienced traders. Each account type is designed with different features and benefits to cater to various trading styles, risk appetites, and investment levels. LunarCapital is committed to safeguarding client funds and ensuring a secure trading environment.
Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. I opened a Standard trading account with Tradeco Limited and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform. On the other hand, I assessed that spreads on a Standard LunarCapital account exceed the industry average, and it does not offer a raw spread trading account.
Feedback and rankings from authoritative sites like « Trustpilot » on the TradingFinder website assist all traders. The brokerage company supports automated trading through Expert Advisors on MT4. While the broker offers comprehensive, responsive, and dedicated support through these channels, the lack of phone support can be a letdown for potential customers. The broker is operated by Tradeco Limited and offers negative balance protection. While it holds regulatory status, the offshore nature of the license places it in a lower regulatory tier compared to more established jurisdictions. The MT4 platform is available as different versions, such as the desktop version and the mobile app.
- Client funds are kept in segregated accounts in top-tier banks, and the broker also implements the latest encryption technology to protect clients’ personal and financial data.
- The broker is operated by Tradeco Limited and offers negative balance protection.
- With LunarCapital, you have access to more than 300 trading instruments that are categorised into 6 classes.
- The MT4 mobile app provided by LunarCapital allows traders to manage their trades on the go with ease.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
LunarCapital’s competitive edge is sharpened by its low spreads starting from 1.1 pips and the absence of commission charges, thus rendering trading with LunarCapital as exceedingly cost-effective. Additionally, swap fees are levied on positions that are kept open overnight, but with the availability of a swap-free account option for Islamic traders. Opting for LunarCapital’s platforms means aligning with strategic, insightful trading. It signifies the integration of reliability, security, and advanced technology, ensuring traders can operate with confidence, armed with real-time market insights and robust analytical tools. Whether you are a beginner seeking simplicity or a professional trader in need of sophisticated analysis functionalities, our platforms are equipped to serve your diverse trading needs and aspirations.
For those wary of LunarCapital’s practices, exploring alternative brokers with proven track records and positive user feedback is advisable. Some reputable brokers known for their transparency and reliability include eToro, IG, and TD Ameritrade. Conducting thorough research before selecting a brokerage platform is crucial for a secure trading experience.
LunarCapital offers 300+ financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices through CFDs. These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders. In addition, the MT4 platform provides traders with comprehensive trading tools and features to create their trading strategies. LunarCapital is a relatively new player in the online trading industry, established with the goal of providing a comprehensive trading experience backed by cutting-edge technology and regulatory compliance. Despite its recent inception, LunarCapital has quickly gained recognition for its wide range of trading instruments, competitive pricing, and user-friendly platforms. The broker’s rapid growth and positive reputation are testaments to its commitment to offering a reliable and transparent trading environment.
LunarCapital is a name that has been making waves in the financial world, but not necessarily for positive reasons. Traders and investors have been questioning the legitimacy of this brokerage platform, prompting us to delve deeper into the details. In this review, we aim to uncover the truth about LunarCapital and whether it is a reliable platform for trading or a potential scam. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. LunarCapital accepts bank transfers, credit/debit cards, Skrill, Neteller, and cryptocurrencies for both deposits and withdrawals.
LunarCapital Fee Structure (Commission and Spread)
This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Neteller, BTC, USDT. LunarCapital caught my attention with its bonus program — I managed to activate the 100% Supercharger Bonus, which effectively doubled my starting deposit. Withdrawals are made via bank transfer or e-wallets such as Perfect Money. The minimum lot is 0.01, which helps maintain proper money management.
After 12 calendar months of account inactivity, the broker charges a yearly inactivity fee of $50. A swap fee is a trader’s cost for holding an https://lunarcapital.team/ open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.