Local bank transfers are the best method to deposit and withdraw at Lunar CapitalFX in Malaysia. No commission is charged for any of the methods chosen for deposits and withdrawal. However, a fee for the deposit or withdrawal may be charged by the financial service provider which is executing the transaction such as your bank or a payment service. The firm also offers one of the most responsive and knowledgeable customer support teams and an informative and clear educational section. Some topics include, risk management, trading strategies, and technical and fundamental analysis. New traders might enjoy the firm’s Introduction to the Forex Market as their first read.
It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. Lunar CapitalFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. The Mobile app offers market data; quotes in simple and advanced modes. Users can decide to view prices of their chosen trading instruments in advanced mode, showing its spread and daily highs or in simple mode without the extra information.
What are Lunar Capital trading hours?
Let me tell you through this Lunar Capital fx review that the broker was authorized and regulated by the UK’s Financial Conduct Authority (FCA) until recently. That is, FCA requires some strict rules that agents must adhere to in order to obtain the license. For instance, the brokers must hold at least £730,000 in tangible assets to prove their financial stability. In addition, they have to keep client funds must be held in segregated accounts separate from the company’s operational funds. 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.
Copy trading with Lunar CapitalFX is perfect for beginners who are just starting with forex trading. By following experienced traders, you can learn the ropes of the market and develop your own trading skills. Meanwhile, experienced traders can use the platform to share their knowledge and expertise with others while earning additional income. Many traders recognize Lunar CapitalFX for its low spreads and easy-to-use platforms.
- NDD (No Dealing Desk) brokers such as Lunar Capital act as intermediaries between the trader and the real market and receive a defined and transparent commission for it.
- For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status.
- If you are unsatisfied with Lunar CapitalFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated Lunar CapitalFX alternatives.
Lunar CapitalFX Islamic Account
The broker provides you with a good range of educational materials including video tutorials, trading guides, FAQs and a glossary. Subjects covered include the very basic lessons such as an introduction to trading and how to place a trade to the more advanced technical and fundamental analysis. The information is very easy to digest and is supported with visual representation for clarity. If you are an absolute beginner and looking for some more guidance along the way, Lunar Capital have lots of good educational content as well. Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money.
- It is important to remember that not all regulators are created equally.
- Below is a tabular review of the various deposit methods and the processing time.
- Overall great value with a choice of more than 70 assets to trade.
MT4 Account
Simple and powerful trading platform created with your comfort in mind. The intuitive, lightning-quick app provides a seamless trading experience—no need to lose focus switching between apps. Regulations serve as a safeguard for clients’ funds, ensuring that brokers operate with integrity, transparency, and accountability. They mandate practices like segregated client accounts, participation in compensation schemes, and adherence to fair trading practices, all designed to protect the trader. For clients within the EEA and South Africa, the CySEC and FSCA licenses mean that Lunar Capital is bound by laws that prioritize their security and interests. They have a good reputation, have accumulated numerous awards, and have thousands of positive reviews from clients and other broker review sites.
Lunar CapitalFX Champion offer
Lunar CapitalFX offers a variety of bonus offerings for Malaysian clients. They constantly roll out contests and giveaways on regular basis to reward the clients. Live chat support is a resourceful method to connect with executives and resolve queries.
Lunar Capital provides dozens of detailed guides in article format on subjects ranging from using moving averages to setting up the Autochartist Metatrader plugin. An 11-lesson course on forex basics is available in video format and makes a good primer for new traders. Lunar Capital also provides platform tutorial videos, which cover getting started with MetaTrader, using your personal account area, and copy trading. The education section on the Lunar Capital website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced. Material includes live trading sessions, workshops, and trading strategy-themed presentations.
From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization. Offering 10+ market indices, Lunar CapitalFx Index trading tries to set up clients for a new experience with an exposure to a broader market. Clients can maximize the opportunity stemming from an availability of popular indices, inclusive of NASDAQ, Nikkei, Euro Stoxx 50 and others. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as https://lunarcapital.vip/ an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
Established in 2011 and located in London, Lunar CapitalFx is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account. It https://lunarcapital.team/ will also explore the investment safety measures provided by the broker. We truly appreciate your honest feedback, and we’re glad to hear from you. We understand that spread size and its consistency are important factors in every trader’s experience.
Copiers will be charged commission the moment a trade is opened, and you will receive the commission through a special Wallet. This profile aggregates professional traders’ performance, displaying it to the public and letting them promote it. As Lunar CapitalFX is a CFD broker, you will be trading on margin and using leverage.
Lunar Capital offers a demo account for all of its platforms such as Lunar CapitalTrader, MetaTrader 4, and MetaTrader 5. The demo account is unlimited in funds as you can top it up should you need more virtual currency, and has no expiration date. Lunar Capital is based in Saint Lucia but has multiple entities outside of Saint Lucia to provide financial services to clients in 180+ countries.
You should take the security of your personal information seriously and check SSL encryption is enabled on the Lunar CapitalFX trading platform to protect you on PC and mobile Lunar CapitalFX platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Lunar CapitalFX web trading platforms. In addition, currency conversion fees may apply if the Lunar CapitalFX withdrawal and receiving currencies differ, adding to the overall transaction costs.
In particular, it has a Pattern tool that lets you apply a variety of technical analysis on your charts automatically which is useful if you are new to forex trading. Overall, Lunar CapitalFX’s copy trading feature is a game-changer for the forex trading industry. With its ease of use and accessibility, anyone can now participate in the exciting world of forex trading. Mobile trading apps make it even easier to access markets and potentially earn significant profits.
Once users have gotten up to speed on a demo account, they can easily switch to a live version. They have a wide asset list, but the array of assets is limited to each product except for forex and crypto. The spreads are average, and the minimum deposit on accounts is 100 USD with the methods of depositing and withdrawing, including bank transfers, Visa, and e-wallets. This forex broker allows you to open more than one demo account at a time and does not impose a duration limit on the account. Benefitting a trader in many ways, this demo account allows practicing with 50 trading instruments. To start forex trading with this broker a trading account is necessary unlike with delivery trading where a Demat Account (dematerialisation account) would suffice.
This feature is available on the mobile app, social media channels, email, and their website 24/7. In the trading world, brokers like Lunar CapitalFX, 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. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
