However, the broker does not provide free Virtual Private Server (VPS) hosting for low-latency trading and stable internet connectivity. With this broker I get to learn everyday of what I should do and what I shouldn’t when it comes to the decisions that would impact my trades, great educational materials. Lunar Capital offers a blend of market research developed in-house and incorporated from third-party providers. The broker offers the Trading Central package, which includes an intuitive economic calendar, featured trading ideas, and the Market Buzz feature.
- Since then, he has also been involved in the development of MetaTrader plugins and APIs.
- It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.
- Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
- My tests revealed that Lunar Capital charges relatively high spreads on most instruments.
We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Lunar Capital operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA). It guarantees the segregation of client funds and negative balance protection. All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment.
When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. 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 opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. Lunar Capital incorporates the standard suite of MetaTrader 4 available for desktop, web, and mobile trading.
However, when I asked about the broker’s margin call, the agent seemed confused and provided a ready-made answer that was not quite relevant to my question. Ultimately, he could not answer and told me to refer to my account manager. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative.
Spreads not bad
Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein. Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients. With a wide range of experience from fintech to entertainment, he presents what user-friendly manuals should be like. He works with numerous large corporations as an external manual production project manager.
The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. MetaTrader 4 is a good option for fast and simple order execution.
- Time to update the platforms i think and add some new.Spreads – leave them as they are, those are pretty cheap.
- In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
- Hello Florence Riley,We are so grateful that you took the time to write this excellent review!
- Verification can help ensure real people are writing the reviews you read on Trustpilot.
- Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers.
We are also looking for writers with extensive experience in forex and crypto to join us. We use dedicated people and clever technology to safeguard our platform. Lunar Capital does not accept as clients residents of the United States, Cuba, Iran, Sudan, Syria, North Korea, or any jurisdiction where trading with leveraged products is prohibited https://lunarcapital.vip/ by law.
What Are CFDs?
Thanks to safe reclaim, I was able to get back my coins from scam company and close the chapter on a painful experience….. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT4’s charting capability too rigid and less effective. After 12 calendar months of account inactivity, the broker charges a yearly inactivity fee of $50. The content provided on this website belongs to Myforex and, where stated, the relevant licensors. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Lunar Capital Trading Fees
I also appreciated its comprehensive market research offering. Lunar Capital supports MetaTrader 4’s standard suite and offers various copy trading solutions. It also provides quality research and educational content, catering to the needs of beginners and seasoned traders. Although I recorded extremely favorable spreads on Bitcoin, Lunar Capital’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals.
Here we’ll look at the steps required to delete the account saved on the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Open the account list in the MT4/MT5 app and delete an account. Verification can help ensure real people are writing the reviews you read on Trustpilot. The market is continually evolving, marked by periodic surges and declines in volatility. For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT4.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. You can always count on this broker staff to provide all the necessary informations and help you’ll need on the chart, it’s such a great system. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which https://lunarcapital.team/ goes against our guidelines. Since my first visa deposit, it;s going smooth ride andmade withdrawal too. Time to update the platforms i think and add some new.Spreads – leave them as they are, those are pretty cheap.
How long does it take to withdraw money from a Lunar Capital account?
You can set up a demo account for yourself before or alongside your live CFD account. Lunar Capital provides over 320 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, and futures contracts. The selection is wide and diverse, though there are no low-risk securities such as ETFs. Lunar Capital has an impressive assortment of 85 currency pairs, including major, minor, and exotic pairs. The broker also provides an extensive educational library, which features dozens of webinars, articles, ebooks, and more.
Lunar Capital also publishes market breakdowns on its YouTube channel. Broken by asset class and compared to the industry average, Lunar Capital offers an average number of share CFDs and a high number of currency pairs, commodities, indices, and cryptocurrencies. I reviewed Lunar Capital’s legal documents and found everything to be in order.
However, the broker charges above-average swap fees, making it less favorable to hold a position open overnight. The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements.
I have read lots of reviews about this platform that says positive things before I decided to give it a try and I was truly impressed with the standard at which the broker operates from. Hi Marlon G,Thanks for taking the time to share with us your feedback! Hello Jeannette Jameson,We really appreciate you sharing your Lunar Capital experience with us! I VE been using their mt4 for a long time and I guess I will never switch the mt4 to another platorfm. Furthermore, all functions are familiar to me and I can even with closed eyes find necessary tools for technical analysis.