The broker stands out for extremely low trading fees and a decent range of educational and research materials. Also, love that company does not force its clients to switch to MT5, I personally like MT4, so thanks for this. Like https://lunarcapital.team/ their service and waiting for future promotions and bonuses...
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Detailed information on the Lunar Capital trading platforms is available on their website. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link. Please be aware that Lunar Capital does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
Any rates, terms, products and services on third-party websites are subject to change without notice. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Additionally, traders can read about the prevailing market sentiment, important support and resistance levels, pivot points, and implied volatility.
- Trading carries a high level of risk and may not be suitable for all investors.
- Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes.
- The broker’s commitment to technological excellence, diverse account options, and client-focused services make it a compelling choice for traders seeking precision in their forex endeavors.
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Traders who want to open an Islamic account must contact Lunar Capital’s customer support and request the service. Lunar Capital offers a single retail trading account with three base currencies – EUR, USD, and GBP. Swap-free trading is also available via Lunar Capital’s Islamic accounts upon request. Lunar Capital incorporates the renowned MetaTrader 4 (MT4) platform, which is suitable for casual trading.
Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. I think it is great how the broker supports Muslim traders by giving them the option of a swap-free account which complies with Sharia law. However, this is not a unique feature and something that you will find most brokers provide nowadays. Security is a paramount concern for traders, and Lunar Capital addresses this with a commitment to maintaining a secure trading environment. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders. Lunar Capital could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints.
I consider the charts screen a platform’s most important feature. It facilitates technical analysis by providing an overview of price action behavior. Chartists use many analytical tools and chart configuration possibilities to examine it from multiple angles.
Can you make money with Lunar Capital?
As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk. Compared to other brokers, Lunar Capital offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow. As part of our Lunar Capital review, we review customer service options, response times and problem resolution effectiveness on the Lunar Capital trading platform.
After completing the registration process, I decided https://lunarcapital.vip/ to take advantage of their 100% deposit bonus and it was easy and peasy to meet all the terms and conditions. Lunar Capital is regulated by the MISA (Mwali International Services Authorities) (BFX ), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10). When selecting a broker such as Lunar Capital, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities.
The payment method employed for funding your account might also incur a fee. 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. In the trading world, brokers like Lunar Capital, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The benefits that you get from any platform define the real value that you can enjoy while using it. Benefits that you get from Lunar Capital make sure that you have an experience like no other platform. So, here are some of the benefits that you can enjoy while using Lunar Capital. I like the vaiety of ethods available for funds depositing and withdrawing!
- Lunar Capital offers Forex trading, CFD trading, and Share Dealing trading.
- Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.
- CySEC is a top-tier regulator that helps ensure Lunar Capital follows strict business standards and implements safeguards like negative balance protection and segregated client funds.
- Visiting many broker websites, all of which have different language uses.
- So, it is very important to keep track of those negative details about Lunar Capital.
Spreads, Commissions, and Fees:
Lunar Capital a part of the European Markets in Financial Instruments Derivatives (MiFID), which gives it the freedom to operate in the entire European Union under the European Economic Area (EEA) agreement. In conclusion, Lunar Capital stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment. The broker’s commitment to technological excellence, diverse account options, and client-focused services make it a compelling choice for traders seeking precision in their forex endeavors.
I am satisfied with Lunar Capital’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. Lunar Capital uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. The speed of transfers varies according to the payment method used. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so.
Lunar Capital customers have instant access to the financial market and can completely manage a Portfolio on the go. You can start using the MetaTrader 4 platform with Lunar Capital in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Lunar Capital allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Modern brokers like Lunar Capital provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Lunar Capital may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Lunar Capital trading profitability. Lunar Capital has proven to be an excellent choice for intraday traders with its ECN XL account.
Range of Tradable Instruments
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget. Please be aware that trading in financial assets with Lunar Capital carries a risk of loss. Lunar Capital trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools.
Clients may also use their Facebook or Google accounts to open an account. Since Lunar Capital is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step. Lunar Capital lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders. Traded here for a while initially on demo, then traded couple of months on a live account.
