I prefer seeing a broker regulated by multiple authorities, especially local regulators where clients are accepted such as CySEC. However, I would like to see other Tier-1 regulators like the Australian Securities and Investments Commission (ASIC) or the Monetary Authority of Singapore (MAS). The FSC is deemed “offshore” as they are an authority that accepts clients from multiple countries like Malaysia, Singapore, or Australia without being directly regulated by the country’s financial authority. Another decent addition I found on MT5 is the native economic calendar which shows the times of upcoming economic announcements that can impact your trades.
LunarCapitalFX Inactivity Fees
As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk. Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. As a new client of LunarCapitalFX, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with LunarCapitalFX in your region.
How do I open and verify an LunarCapitalFX account?
In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a LunarCapitalFX trading position does not go in your favour, this is where negative balance protection comes in handy. Trading CFD trades on the LunarCapitalFX platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets. The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version.
- He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016.
- One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your LunarCapital account.
- Please check out your email inbox.If you have any questions, please don’t hesitate to contact us on social media, via email, or through Live Chat.
- Before trading online with a broker like LunarCapitalFX you should be sure they’re legitimate online agent.
These platforms support advanced charting, automation via Expert Advisors (EAs), and mobile trading through Android and iOS devices. LunarCapital lets you select a platform that fits your style – whether it’s the beginner-friendly LunarCapitalTrader, the classic MetaTrader 4, or the advanced MetaTrader 5. LunarCapital combines demo contests, elegant gifts, deposit bonuses, and a tiered status program to reward trader activity in various ways. Whether you are learning, trading frequently, or scaling up, there is https://lunarcapital.space/ an incentive designed to support your trading journey. LunarCapital’s free status program is designed to reward committed traders with tangible benefits. From lower spreads and no swap fees to expert advice and exclusive VIP events, each new tier powers up your trading potential.
MetaTrader 4
As for the international entity it also includes Credit Cards, e-wallets and other methods which you may check with customer service before any transfer is done. 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. We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading.
I opened my trading account on LunarCapitalFX…
A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All websites and web-based platforms are tested using the latest version of the Google Chrome browser. 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. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily. Starting at 0.6 pip on main currency pairs like EUR/USD for all three account avialable at International trading, the broker offers reasonable spreads. For traders—especially scalpers—this low spread structure is helpful since it lowers the total trading expenses and increases profit possibilities.
You will also find fixed spreads available on the MT4 Micro account that start from 2 pips. Overall, we advise to check conditions based on LunarCapital entity you wish too trade through. However, as the company developed the broker LunarCapital established its legal entity in Cyprus and respectively got a license from the local CySEC, which also imposes regulations according to European ESMA standards.
- Commodities and indices also came in on the pricier side, with crude oil, the German DAX, and the US 30 index showing particularly elevated spreads.
- However, LunarCapital does not offer low-risk securities such as ETFs or bonds.
- It simplifies Forex investing by enabling users to earn without actively trading or building strategies from scratch.
- LunarCapital offers a range of trading opportunitites mostly targeted on Contracts for Difference (CFDs) among several asset classes, however there is no classsic Investment Plans or Opportunitites provided by LunarCapitalFX.
- We can also confirm that your withdrawal requests have been successfully completed.Anyway, if you need any assistance, please contact us at Our Customer Support is always eager to help!
It provides platforms like MetaTrader 4 and 5, with competitive spreads, copy trading, and educational content for traders of all levels. It’s good to see LunarCapital offer MetaTrader 4 as it is one of the most recognised trading platforms for retail forex traders in Malaysia thanks to its advanced charting tools. I like that out of the box you have access to 30+ technical indicators from moving averages to Bollinger bands and 24 analytical objects making on-chart technical analysis simple.
LunarCapital is powered by its own platform—LunarCapitalTrader, MT4, and MT5, which have a reputation for being some of the most profound trading platforms. MT4 represents the best choice for those who have just started trading. In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience.
LunarCapitalFX compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like LunarCapitalFX to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for LunarCapitalFX traders. Online investing with LunarCapitalFX can be just as risky as traditional offline investments.
This is the first time I’ve seen swap-free accounts for all traders, regardless of location and beliefs, making LunarCapital a truly low-cost broker by avoiding these fees. One of LunarCapital’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks. As an ECN (Electronic Communications Network) broker, LunarCapital delivers tight spreads and fast execution speed by matching your order with the best offer from another trader on the network.
LunarCapital doesn’t charge swap fees for all available instruments, so you can trade overnight at no extra cost. The offering could be even better if LunarCapital adds some low-risk securities, such as ETFs or bonds, which are typically preferred by swing traders. LunarCapital’s IB program offers partners daily payouts, up to $12 per lot in commissions, and more than 25 payment options. With no trading fees and attractive trader conditions, LunarCapital makes client acquisition and retention easier than ever. THerefore, is slightly hard to evaluate LunarCapitalFX since International codnitions are overall good, and EU are limited compared to industry.
