THerefore, is slightly hard to evaluate LunarCapitalFX since International codnitions are overall good, and EU are limited compared to industry. ALso, the points LunarCapital does not win include instrument selection, lack of commission based accounts and more of the basic choice of platforms, buut spreads and costs at LunarCapital are considered good. While other Brokers like Pepperstone or LunarCapital, also IC Markets might be more appealing for platforms fees, education and their high reputation too. Designed to appeal to both beginners and advanced traders, the LunarCapital Desktop MetaTrader 4 (MT4) platform is much praised for its reliability and adaptability. The software showed robust charting tools and broad technical analysis capabilities throughout testing, therefore enabling users to personalize their trading environment properly.
- LunarCapital does not provide services to citizens of the United States (US) and residents of Canada, Spain, Belgium, India, Iran, Myanmar, North Korea, Pakistan, the Philippines, the United Kingdom, and the US.
- In general, I enjoyed trading there, no limitations on assets and platform, easy payments, I consider this broker service trustworhty and convenient for me.
- Both MetaTrader MT4 and MT5 stand out for the charting tools they offer.
- LunarCapital is as confident about its financing costs as it is its execution fees.
Our best spreads and conditions
Those looking to develop their skill set or improve their trading technique can draw on the support on hand, which is designed to cater to beginner intermediate and experienced traders. The brokers that stand out tend to be extremely transparent, openly reflecting the terms and conditions in a manner traders can understand. Overall, with our research we find LunarCapital ensures that customer information stays private by using cutting-edge encryption technologies to guard financial transactions and sensitive data. The broker also provides negative balance protection, therefore shielding customers from losing more than their account balance in a declining market.
Similar apps
- The differences are the platform and assets options, thats pretty much it.
- LunarCapital is an up-and-coming broker that has been in operation for nearly 10 years.
- Executing trades and testing ideas is easier, faster and more efficient than ever.
- To do so, investors don’t need substantial sums in their bank accounts or a degree in finance.
This situation requires clients to place more trust in LunarCapital itself than in its regulators, as these regulations are more focused on preventing terrorism and money laundering than on execution-related issues. LunarCapital also provides services through Uni Fin Invest, which is based in Mauritius and operates under the regulations of the local financial authority. After selecting this option, we entered the amount, wallet address, and a security PIN (sent via email during the account setup with LunarCapital).
$100 Minimum Deposit
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, https://lunarcapital.net/ when compared to research leaders IG, Saxo, and CMC Markets, LunarCapital has room to enhance its research offering. For instance, I found that the content on the LunarCapital Blog is not updated daily across all categories.
An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
Tradable Instruments
The broker provides Indonesian traders with a user-friendly platform, numerous trading tools, and educational resources to enhance their overall trading experience. Available for Android and iOS smartphones, the LunarCapital MobileTrader app offers a flawless trading experience. The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades.
LunarCapital stands out with several unique features designed to enhance the trading experience and provide insights into market trends. Account opening is very much a standard process these days, but LunarCapital does offer a particularly neat twist to the situation. The broker takes advantage of some of its clients being domiciled in regions that still permit promotions, and those clients can benefit from a range of offers. A wide variety of educational content is available for LunarCapital users under the ‘Traders’ Tools’ section.
With comprehensive desktop and mobile apps, investors can trade currency pairs, indices, commodities and derivatives right from their couch. To do so, investors don’t need substantial sums in their bank accounts or a degree in finance. Whether they have been trading for years or are just starting, all they have to do is log in, fund their account and start trading. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares.
LunarCapital commissions and fees summary
We do not present any investment advice or guarantees for the accuracy and reliability of the information. Yet, if you still prefer to use high leverage, the international entity of LunarCapital Leverage still allows so. Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international LunarCapital entity. One negative aspect we encountered while trading with MT4 was that it does not allow for regular partial closes. For example, when we attempted to close 0.3 lots from a position of 0.5 lots, the entire 0.5 lots were closed, and a new position of 0.2 lots was opened instead.
The Status Program demonstrates LunarCapital’s dedication to improving traders’ experiences. Currency conversion fees could apply when Indonesian traders deposit and withdraw in IDR to accounts denominated in USD or EUR. MT5 introduces a broader range of order types and an expanded set of indicators and analysis tools. This adaptability gives Indonesian traders more control over their trading activities, allowing them to cater to various strategies and risk preferences. This is particularly advantageous for Indonesian traders aiming to elevate their trading prowess and refine their approaches before executing them in live markets.
LunarCapital Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with LunarCapital European entity will fall under ESMA regulation Leverage. However, traders may be charged third-party processing fees—which LunarCapital has no influence over. Furthermore, although LunarCapital does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion. For traders trying to cut non-trading costs, LunarCapital’s attitude to extra fees stresses affordability and openness, which appeals. LunarCapital is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders.
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. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LunarCapital’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.
A lot of brokers consider them mutually exclusive, so only offer one, if any at all. It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options. The broker provides Indonesian traders with multiple deposit and withdrawal options, including bank transfers, e-wallets, and credit/debit cards. LunarCapital ensures traders’ easy access to help by offering several lines of communication. Live chat is the main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. LunarCapital withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity.
Such success is built on developing an approach that is, first and foremost, trader focused. It’s always nice to have extra security tools thrown in and LunarCapital provides more than most. The LunarCapital technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals. Crypto markets are only supported on accounts that use the MetaTrader platforms. The in-house LunarCapital copy trading function is a welcome addition to the suite of services.
