LunarCapitalfx Review: Minimum Deposit, Pros And Cons & Much More

This physical office presence is still quite light compared with other major brokers, but LunarCapitalFX does offer trading worldwide. The broker has two referral programs, including the Invite a Friend and the IB partner programs. In the invite-a-friend program, you can earn extra profits by recommending the broker to your friends, and if they register and mention you as a referral, you will make a $1 profit on each trading lot. Trading in the Muslim community is considered haram, but swap-free trading accounts, which do not include interest charges, are considered legitimate. LunarCapitalFX usually processes withdrawal requests within 1 to 3 hours. However, your payment system will determine how long it will take before the payment gets to you.

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It follows strict rules and keeps user funds in secure accounts. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.

If learning how to trade on LunarCapital as a beginner seemed difficult initially, we hope you now feel empowered to get started! We covered all the critical first steps – from opening accounts properly to analyzing currencies charts to managing trading risks. LunarCapital doesn’t charge fees for withdrawals, but your bank or e-wallet provider might.

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. It was also discovered that nearly 50 per cent of user funds were diverted from the LunarCapitalFX platform to mule payout accounts. These accounts were used to disburse money under the false pretence of e-commerce refunds, chargebacks, vendor payments, and so on, effectively concealing the actual flow and purpose of the funds. All you need to do to start trading Forex is to open an account on our website or download the LunarCapital trading app.

• Unlike most brokers, LunarCapitalFX does not charge any kind of inactivity fee.
• This is rather a limited selection compared with other top brokers.
• This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.

On the next page, you will be prompted to choose between a real and demo account. These services empower LunarCapitalFX users to refine their skills, maximize profits, and benefit from a collaborative trading environment. LunarCapitalFX ensures a secure and transparent trading environment. Its compliance with international standards demonstrates its commitment to maintaining financial integrity and customer trust.

How to Place Your First Trade on LunarCapitalFX

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. Other traders’ positions can be copied automatically or modified. 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.

• Overall, the range is suitable for most traders either beginners or tradrs with experience, also we would mark that range of Products vary by the platoform you use also the entity of LunarCapitalFx.
• Clients can, on creating and funding an account, find, follow and copy these leading traders at will.
• LunarCapital has made great strides with innovation in its web platform, and new educational content, but offers a limited range of tradeable instruments compared to the best multi-asset brokers.
• Now, let’s talk about how to get that money out of your trading account and into your pocket.

How to close an LunarCapitalfx account?

As a trader, you will find a range of features available at LunarCapitalFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an LunarCapitalFX trader. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5. In some places, you will also be allowed to make deposits through Bitcoin. In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant. As per the recent updates, LunarCapitalFX and other international brokers have been put on the alert list by Indian authorities because they were operating illegally.

LunarCapitalFX mobile trading is also well catered for through their own mobile trading platform aside from the huge industry giants already mentioned. MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at LunarCapitalFX, and what they can provide you with. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution.

With LunarCapitalFX, users have access to a wide range of trading accounts, as well as copy trading, bonus promotions, and a variety of research tools. LunarCapitalFX is a Forex Broker registered in St.Vincent and the Grenadines. LunarCapitalFX offers Forex ECN and CFD trading on Indices, Metals, and Cryptocurrencies across the MT4 and MT5 trading platforms. By offering a range of payment methods with swift processing times and zero fees, LunarCapitalFX ensures that managing your trading funds is both efficient and economical.

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LunarCapitalFX ensures that traders can access the tools and functionalities they need to succeed, whether they prefer simplicity or advanced analytics. The availability of demo accounts on both platforms further supports traders in mastering their skills before entering live markets. https://lunarcapital.vip/ LunarCapitalFX, a globally recognized online forex broker, was established in 2011 with its headquarters in St. Vincent and the Grenadines. This diverse portfolio makes it a popular choice among retail and professional traders alike. LunarCapitalfx’s low minimum deposit requirements allow everyone to easily trade.

We unbiasedly review every broker and rank them based on their market standing, regulation, and other factors. Reviews are updated regularly to ensure that every trader has the most up-to-date information before making a choice. 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. When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources.

Some market analysis tools are economic indicators, market information, forex news, interest rates and holiday calendars. These tools effectively judge the market environment and make decisions that are most appropriate per the environment. LunarCapitalFX has a head office from where they manage all the trading services they provide to users. It is located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent, and the Grenadines.

LunarCapital holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. LunarCapital’s market research is well organized and varied in its content. Rather than specializing in any one field, LunarCapital provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, LunarCapital has room to enhance its LunarCapital forex brokers reviews research offering.

To trade Forex, you need to sign up with a broker, which acts like a middleman. Make sure to choose one that’s trustworthy and has a convenient trading platform. To trade, people use brokers, who act as middlemen, to help them buy and sell currencies. These brokers have special platforms, apps or websites, where traders can easily place their orders.

On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list. For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more). You can also add graphical objects to the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text.

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. We will review some of the trading tools offered on the mobile trading app below. The broker has its proprietary trading platform known as LunarCapitalTrader, which operates on web and mobile versions.