As a chart artist, I have always preferred trading platforms with charts that allow me to scale price action up and down easily. The one thing that MT4 is quite suitable for is automated trading because it is not dependent on the execution of precise technical analysis. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action.
LunarCapital Web Trader App:
- Trading and investing in financial instruments comes with a high degree of risk and you can lose money.
- Furthermore, some additional taxes are only revealed if you dig through the legal documents.
- Various LunarCapital reviews can be found, each of them greatly exaggerating the quality of the service.
- If you are using a strategy that depends on consistent spreads, then the fixed spread account might be ideal.
The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.” LunarCapital offers the TradeCopier platform for both professionals and amateur traders.
We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks. You can deposit funds into your LunarCapital account using a good variety of convenient payment options including bank transfers, card and online payment processors. Keep in mind that bank transfers can take 24 hours to process and up to 3 working days to clear. Payment and funding authorisation are 100% automatic, whilst the client portal allows deposits and withdrawals using a simple, easy-to-use single interface.
Does LunarCapital offer Islamic account?
Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. LunarCapital is still a relatively new broker, having been established just a couple of years ago. Hence, the company is still working on developing a strong brand name that is trusted internationally. It is currently licensed and regulated by a single regulatory body – the FSA of Seychelles, which requires brokers to ensure segregated funds and negative balance protection. However, there is no cap on the maximum retail leverage, and no compensation scheme has been put in place.
This ensures that LunarCapital’s investments are available on both desktop and mobile platforms, making it convenient for traders to access the markets wherever they are. This regulated broker offers a broad range oftrading solutions for both novice and seasoned traders. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
Qual è la nostra esperienza nei casi di truffa online?
I have compiled the table below to help you better understand the difference between the trading fees on LunarCapital’s several account types. It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10.
- After obtaining the initial deposit, more experienced scammers may be brought in to extract additional funds.
- Essentially, the broker lends the trader money so that the latter can open bigger positions.
- There is a generous selection of financial instruments to choose from and account types for everyone.
They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. MetaTrader 4 has many essential features, such as one-click trading, an alarm setting option, and a depth of markets tool. Because of its simplistic and straightforward design, I would say that MT4 is a good stepping stone for beginner traders wishing to learn essential charting skills on a platform with an easy learning curve. My tests indicate that LunarCapital’s trading fees exceed the industry average. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. Choosing to trade with LunarCapital is synonymous with aligning with a broker revered for its fairness and esteemed reputation.
This multi-asset broker brings a lot to the table, catering to traders of all stripes. Whether you’re into forex, metals, futures, commodities, shares, or indices, LunarCapital has got you covered. It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. LunarCapital offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations.
Examine the latest Customer Reviews and Comments about the Top Forex Brokers written by real traders and Forex experts on a daily basis. Our zeal for innovation and relentless pursuit of excellence have driven us to embrace state-of-the-art technology and continuously refine our services and offerings. It is an offshore regulated online Forex broker that has received quite a bit of reprimands from Tier-1 regulators. The fake testimonials we see on all these ratings platforms, including SiteJabber and Reviews.io, were written by so-called review seller networks. You can notice them thanks to the repetitive nature of their comments, which were created by following a script. Not to be undone by various unscrupulous groups like Immediate Fortune, this firm also uses fake online content to boost their reputation.
Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. On the other hand, LunarCapital does not offer any alternative trading platforms and does not incorporate any third-party tools. Most deposit and withdrawal requests are processed by LunarCapital within 24 hours. In most cases, payments to and from LunarCapital accounts are free of charge, though third-party banking fees may apply. The only time the broker may charge a $55 handling fee is for withdrawals below $300.
LunarCapital’s Withdrawal Methods
“Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” LunarCapital offers CFD and Futures trading through 4 account types, including a Cent with a minimum deposit of $10 and floating spreads from 1.1 pips. Based in the Seychelles, LunarCapital strive to provide traders with all of the trading products and services they require to make informed decisions and reach their trading goals. You can trade the financial markets with convenience on user-friendly platforms across all of your devices using a broker that operates with transparency. The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform.
How do I contact LunarCapital customer support?
Various LunarCapital reviews can be found, each of them greatly exaggerating the quality of the service. LunarCapital is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the LunarCapital group includes Damadah Holding Limited, which is based in Cyprus. LunarCapital fails to provide any information about its staff on its website and promise fake returns. These deceptive practices raise significant doubts about the credibility and trustworthiness of this platform. LunarCapital does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria, and North Korea.
The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. 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. https://lunarcapital.net/ LunarCapital, the broker of choice for traders seeking safety, variety, and expert guidance.
Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. LunarCapital account managers and dedicated customer support can provide guidance and support you 24 hours, 5 days a week.
Together, these platforms provide a versatileenvironment for in-depth analysis, custom strategies, and efficient tradingacross devices. One of the primary concerns with LunarCapital is its lack of regulation by reputed authorities such as CySec, ASIC, FCA, CNMV, and others. This unregulated platform operates without the necessary regulation, raising doubts about the safety of your funds.
Simply choose the account that is best suited to your skill, knowledge, experience and trading goals. In my estimation, LunarCapital’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay. The webinars are geared towards beginners, intermediate-level, and advanced traders. I quite appreciated that there is detailed personal info about market experts who lead the webinars. I appreciated LunarCapital for developing the bulk of its research materials in-house.
Explore our FAQs or navigate through categories to find comprehensive answers to your questions. This firm was a fine example why every serious investor, or at least everyone who wishes to make actual profit from trading should make better choices. Instead of relying on loosely regulated and not entirely trustworthy Forex dealers, we have a better proposition for you. Trading with a loosely regulated broker is not something we recommend, due to the rampant data tampering involved.