It’s quite strange that I have never heard anything about the Lunar Capital broker before, despite the fact that I’ve been trading for over 4 years in this industry. Moreover, there are narrow spreads on the forex market and even when there is immense volatility, spreads always remain narrow. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. With Negative balance protection, traders cannot lose more money than they have deposited.
We want to ensure you have all the knowledge necessary to use the Lunar Capital trading tools confidently, from depositing and withdrawing funds to executing trades. As a trader just starting out and having no prior knowledge on how to use a broker before having a platform that is very easy to use and understand will do a lot in terms of how far you go in profit. So trading here made it a lot easier because I was able to learn how to use the tools quickly and also navigate the system easily. Each demo account imitates real trading conditions, the only difference is virtual money is used. Mobile users benefit from total trade management without having to sacrifice functionality.
Throughout our comprehensive Lunar Capital review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose. You will be exposed to a high risk of loss regarding leverage and margin-based trading. Although we found some very useful aspects of the Lunar Capital platform that would be useful to some traders. However, remember that you won’t be able to make trades on Lunar Capital until you have passed compliance, which may take several days, depending on your circumstances.
Narrow spreads on the forex
Lunar Capital’s bonuses and promotions provide valuable opportunities for traders looking to enhance their trading experience with additional capital. Whether you’re a beginner looking for a deposit boost or an experienced trader aiming for greater leverage, Lunar Capital offers a variety of options that can help you achieve your trading goals. While these bonuses cannot be withdrawn, they provide great incentives to get started and explore new strategies.
What types of accounts does Lunar Capital offer?
Lunar Capital provides free Virtual Private Server (VPS) hosting, helping traders https://lunarcapital.net/ achieve ultra-fast order execution speeds and diminish the risk of negative slippage. Another perk for scalpers is the one-click trading feature available on MT4. However, the platform has cumbersome charts and lacks a timeframe lower than 1 minute.
Payment Methods
- It’s quite strange that I have never heard anything about the Lunar Capital broker before, despite the fact that I’ve been trading for over 4 years in this industry.
- However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases.
- These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.
Lunar Capital offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to Lunar Capital are held in segregated bank accounts for security. It’s important for Lunar Capital traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Lunar Capital losses are limited to the funds available in your Lunar Capital account when negative balance protection is in place. My experience is based on trading with a live floating standard account, which was honestly, not the best.
What is the Personal Multi Account Manager (PMAM)?
It’s recommended that you check the Lunar Capital website before signing up. If you decide to close your Lunar Capital account, it’s important to do so with the Lunar Capital broker customer support and obtain confirmation that no remaining Lunar Capital fees are due. In addition, currency conversion fees may apply if the Lunar Capital withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these Lunar Capital fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Lunar Capital funds. Visiting many broker websites, all of which have different language uses.
Lunar Capital’s MetaTrader 4 trading platform is available via a mobile app for https://lunarcapital.vip/ Android and iOS devices. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Fund your account before carrying out a few trades so as to test out the company’s reliability. The fee is charged until account activity resumes or the account balance drops to zero.
It is a universal trading software, which perfectly suits both experienced exchange players and beginners in the world of trading. The MT4 terminal provides all the tools and resources necessary for successful online trading. It introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account.
- Lunar Capital offers multiple account types including Standard, Premium, VIP, and STP/ECN accounts, each designed to cater to different trading needs.
- Lunar Capital has a demo account where you can trade over 200 financial assets with zero risk and no commitment.
- After your account is set up, you can download the MT4 platform or use MT4 WebTrader to start trading.
- However, the platform has cumbersome charts and lacks a timeframe lower than 1 minute.
- You must also ensure the Lunar Capital broker’s profile, trading tools, fees and regulation aligns with your needs and goals.
It’s essential to complete the Lunar Capital KYC compliance process as soon as possible to avoid any delays in accessing the Lunar Capital platform’s features. It’s worth noting that the expiration date of the proof of address document may differ for different entities under Lunar Capital Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring Lunar Capital’s platform.
If you would like further information about protection, the authorised or registered firm should be able to help. Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us. Thus, the trader’s account ended up with only $500 initial principal, and all previously earned profits were gone.
Demo trading accounts like the Lunar Capital demo account can help individuals to make informed decisions before investing their money. MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere. In the trading world, brokers like Lunar Capital, have different minimum deposit requirements based on the target audience they are trying to attract.
A minimum deposit is the minimum amount of money required by Lunar Capital to open a new online brokerage account with them. Lunar Capital requires a minimum deposit of 100 GBP/USD/EUR when opening an Lunar Capital trading account. Lunar Capital is regulated, governed and supervised by reputable financial regulatory bodies.Regulatory bodies monitor the brokers’ behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Lunar Capital you should be sure they’re legitimate online agent.
Forex spreads at Lunar Capital start from as low as 0 pips, giving you competitive pricing and allowing you to trade the most popular currency pairs such as EUR/USD, GBP/USD, and USD/JPY. Available for desktop, mobile, and web use, Lunar Capital provides flexibility for traders on any device. With tools like MT4 Webtrader, VPS hosting, and the Personal Multi Account Manager (PMAM), Lunar Capital ensures that every trader has the resources they need for success.
So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. All this together makes trading on company’s platform profitable and efficient.I trade currency pairs. At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform.
“They stopped the 2 ongoing traded and created-then-stopped the 3rd one as well to bring the account back to its initial balance (500$) while (789,7 $ is gone).,” he added. Not long after, a 0.01 lot of EUR/USD order appeared, with no price offered and “PnL Correction” noted. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. Stocks, currency and other commodities and instruments will be brought or sold by Lunar Capital even if no buyer or seller is lined up. The Lunar Capital phone support team was able to assist us with our queries and issues.