As part of its expansion, LunarCapital launched a program for Introducing Brokers in 2014 and introduced the cTrader platform (currently unavailable). Since 2016, the MetaTrader 5 platform has been available, coinciding with the launch of educational content. In 2017, Autochartist was introduced, along with cryptocurrency trading and the first proprietary apps with market information, which would later evolve into the LunarCapital app in the following year. In 2019, LunarCapital announced that its MT4 and MT5 accounts would not incur swaps or any type of commission.

The educational materials provided by the broker are sufficient to help traders learn what forex trading is and grasp the basic concepts. Because this trade is a process that is extremely flexible, fast, secure, and responsive. It analyzes transactions in financial markets and provides secure and fast access. Users of LunarCapitalFX can ensure traders’ advanced access to trading operations in a reliable environment. LunarCapitalFX trading is an international broker, so it supports many languages. It is also very popular as it can automatically supply trades to the market.

We will review some of the trading tools offered on the mobile trading app below. The company currently has a proprietary trading platform known as LunarCapitalTrader. Furthermore, LunarCapitalFx 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. Advanced tools and features on the LunarCapital Desktop MetaTrader 5 (MT5) platform improve trading experience.

Any remaining balance will typically be returned to you using the available withdrawal methods. Yes, LunarCapitalFX allows multiple accounts, but certain terms and conditions apply. Remember, your earnings from the LunarCapitalFX Affiliate Program are commission-based and directly proportional to the trading volume of those who join LunarCapitalFX through your referral link. Your commission is calculated as a percentage of your trading volume. Furthermore, the program provides many marketing tools to help affiliates promote LunarCapitalFX more effectively.

Going by customers’ review, LunarCapitalFx can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts. With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals. LunarCapitalFX has multiple contests, including a demo contest and an Archive contest. You can win up to a $1000 prize in the demo or Champion contest by efficiently trading with your demo account.

LunarCapitalFx Review

Lastly, we must remember XTB as another alternative, best if you are looking for a broker which has been on the market for close to twenty years now. The company has offices in more than 13 countries, including UK, Germany, France, and Chile. This makes XTB one of the safest brokers in the world, so you can’t go wrong with them. The current market situation is quickly available in the MetaTrader 4/5 mobile application.

Things you should know before Trading in Forex : LunarCapitalFX Explained

LunarCapitalFx boasts of a spread floating, starting from as low as 0.6pips. Depending on the market’s volatility, clients can expect to pay a minimum spread of 0.6 pips on trading pairs like GBP/USD and EUR/USD. Commodities like Gold and Silver are on the other https://lunarcapital.net/ hand, tradable on spot for a minimum spread of 1.9 pips and 2.0 pips respectively. LunarCapitalFX is worthy of investment, and there are various reasons to believe so.

  • To withdraw the bonus, the client must trade a number of lots equal to half of the bonus amount.
  • Visit LunarCapitalFX’s website and click the “Open Account” button to start.
  • The broker claims to offer competitive spreads as compared to other forex brokers.
  • In this LunarCapitalFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security.
  • LunarCapitalFX Holding plc is regulated by CySEC (EU), which can give you maximum benefits.
  • However, as the company developed the broker LunarCapital established its legal entity in Cyprus and respectively got a license from the local CySEC, which also imposes regulations according to European ESMA standards.

Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security. It has management systems that ensure that clients do not lose more than initially invested. If account balances become negative due to Stop-Out, LunarCapitalFx compensates the account by adjusting the account balance to zero, ensuring the risk is limited to only deposited funds.

Are there any research tools available with LunarCapitalFX?

Withdrawals must be made using the same methods as deposits, meaning all available deposit methods can also be used for withdrawals. To enable multiple withdrawal methods, a new deposit using a different method is required. The processing time can vary from 30 minutes to three business days, depending on the method and conditions. Withdrawals can be initiated from the website dashboard or through the mobile app. In 2012, it started organizing courses, and in 2013, it introduced its first bonuses.

After testing the platform with our own money and comparing it to hundreds of other sites, here are our pros and cons. All online trading activities are regulated by government financial authorities, so trades play a very important role. The license used in trading helps to build a confidential relationship with the customer and build a strong foundation. Every broker has to meet certain rules and criteria to get this government license. If a broker violates the rules or attempts to commit fraud, the license will be permanently revoked. This company has been providing opportunities for traders to invest in the market for a long time since 2011.

  • This review will explore the broker’s regulations, online trading fees, safety policies, leverage, spread, deposit & withdrawal methods and account opening processes at Alvexo.
  • From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization.
  • There is a huge potential for limited independent business without any leverage.
  • It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis.
  • With cTrader, users can trade directly with prominent banks globally.

The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. Again the platform is available on all mediums and a webtrader is offered. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature.

For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. 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. Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge.

Trustpilot Users’ Review About LunarCapitalFx

It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, LunarCapital offers free educational webinars, articles, and analytical tools. Through the mobile app, clients can access multiple financial markets. CFDs on currency pairs, equities, indices, commodities, etc., on the go. Most of the trading tools and indicators offered via the desktop version are readily available on the mobile trading app.

Set a new leverage by clicking on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save. The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips. You can access the broker’s copy trading service by downloading the copytrading app. The broker’s login process begins with a visit to the official site, LunarCapitalfx.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed.

LunarCapitalFX Deposit and Withdrawal Fees

In terms of withdrawal processing time, LunarCapitalFX typically processes withdrawal requests within 1-3 hours. However, depending on the payment system, the time it takes for the money to arrive at its destination may vary. The CopyTrade App completes the picture by focusing solely on social trading. The app’s AI-based recommendation system, which suggests Masters to follow based on a user’s trading style and risk tolerance, is what sets it apart.