One of the most notable features of LunarCapitalFX’s copy trading service is its wide range of trading systems. The platform offers a diverse range of options for portfolio diversification and increased earnings, with over 10,000 Masters. To participate, traders must create an Affiliate Account and use the unique referral link provided to acquire clients.
Are there any restrictions on LunarCapitalFX withdrawals?
- You can open a demo account with unlimited funds and no expiration giving you ample time to test each platform to see which suits you best.
- This app goes beyond traditional social trading by utilizing an AI-based recommendation system that matches traders with Masters based on their trading style and risk profile.
- In fact, in only a handful of instances did the response time beat the seven second figure.
- For experienced traders, or beginners looking to develop further, LunarCapital also provides resources to learn 12 trading strategies including chart patterns like wedges and candlesticks like the hammer.
The most popular platform offered by LunarCapitalFX is MetaTrader 4 (MT4), which is known for its versatility and compatibility with automated trading systems. Additionally, LunarCapitalFX offers other platforms like MetaTrader 5 (MT5) and cTrader, ensuring that all traders can find the platform that best suits their needs. LunarCapital provides various special tools and features that improve the trading experience outside of traditional platforms and typicall tools provided by the research avialable on site.
In fact, the platform and broker have won many awards for this service. Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves. To make it easier, LunarCapitalFx has a Copy Trading app developed differently from the mobile app. The spread for all available currency pairs offered by LunarCapitalFx – including major, minor and exotic pairs are listed in the table below.
On forex, precious metals and indices, there are also no commissions. Just super tight spreads starting from 0 pips on certain currency pairs and indices. A demo account is perfect for beginners to learn trading basics or for experienced traders to test new strategies. Customer support is available on a 24/5 basis when the markets are open, and comes in a number of forms. These include phone support based in the UK, Hong Kong, and Indonesia, email contact, and a website based live chat facility which was both extremely prompt and helpful when tested. Both email and telephone contact were also answered in a fast time, and provided considered and effective answers to a range of test questions.
Founded in 2011 in St. Vincent and the Grenadines, LunarCapitalFX is making sure to provide its clients with the best trading experience they can have. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission.
LunarCapital https://lunarcapital.net/ shines in giving several trading tools for active traders, however, individuals looking for long-term investments could have to take more thought on other platforms, including bonds and ETFs. The “Space” functionality, which provides tailored trading ideas and market analysis straight on the platform, is one prominent feature. This function gives pertinent insights in real-time, hence improving decision-making. The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily. LunarCapital is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders. LunarCapital International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too.
Each prover has some advantages and disadvantages, or they might simply not be able to join LunarCapitalFX. To not leave you without options, take a look at these three alternatives below. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts. However, it’s important to note that some of the products we discuss are from our partners.
How to Open and Close an LunarCapitalFX Account
Beyond that, there are no other features that it includes, and you could say that its web terminal is almost like a ported mobile trading app. If you are looking for more features, then you would be better off sticking to the gold standard that is MetaTrader. In terms of forex, LunarCapital will let you trade the major, minor and some exotics. Their forex instrument list is not small, but it is not the biggest either. However, if you are new to trading, then the amount they offer is sufficient because, for the most part, traders tend to stick to trading major pairs unless they have ample experience.
Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. This is because you will receive better protection and service from your local regulator should you need to enforce a complaint. However, in my experience with regulators like MAS, they are very professional and helpful so this is by no means a poor regulator. Additionally, Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number from the Financial Sector Conduct Authority (FSCA) in South Africa.
- This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks.
- If you want to gain a transparent trading experience, create an account with LunarCapitalFX Broker.
- I use the platform weekly, and it works well for my trading needs.
- Metatrader 4 is the most famous platform within the forex market as it has easy features.
- A few minutes after submitting the withdrawal, we received a confirmation email.
How does LunarCapital copy trading work?
It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. LunarCapital offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments. LunarCapital (formerly LunarCapitalFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. We believe in a partnership, that’s why we welcome all feedback, to understand our users’ needs and provide them with the best Forex trading experience. It’s quick and easy – deposits are free and the money shows up in my account instantly.
What’s the minimum deposit to open a trading account with LunarCapitalFX?
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. Ultimately this means you will have access to an extensive range of tools and indicators depending on your platform choice. There are a total of 51 charting indicators provided, and 31 drawing tools also. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution.
LunarCapitalFx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs. Clients are allowed to trade their favorites, and at that, with low spreads. Still, we don’t recommend you open trades without careful analysis and applying tactics to reduce the risk.
LunarCapitalFX Fees, Spreads, and Commissions
You can get in touch with us via live chat or email at if you have any additional questions. Dear Mishal Mohammad,Thank you for such a high rating and for sharing your feedback with our LunarCapital Trading platform. When it comes to account types and minimum deposits, LunarCapitalFX wins again in my opinion.
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