Novice traders can take advantage of LunarCapital’s extensive educational and research resources, as well as its video library that covers a wealth of trading topics. For more advanced traders, LunarCapital provides application programming interface (API) trading with 4 free APIs connected to the LunarCapital server that includes REST API, FIX API, Java API and a ForexConnect API. You can get more information on the broker’s algorithmic trading facilities by clicking here. LunarCapital’s research tools for trading are decent but not the most comprehensive compared to what some other brokers offer. The platform includes some Trading Central tools I use regularly for technical analysis and trade ideas.
LunarCapital Minimum deposit
Ninja Trader has a few interesting features aside from the plentitude of trading and analysis tools. Tech-savvy traders can use NinjaScripts to develop their custom indicators and trading strategies easily, and the platform also has automated trading capabilities. Users can choose LunarCapital’s own Trading Station or some of the other well-known trading platforms like MetaTrader 4, ZuluTrade, and NinjaTrader.
Active Traders have even tighter spreads than Standard accounts, however, so this may be something you want to look into if you are a high-volume trader. You can choose from among several excellent trading platforms and can access copy trading through LunarCapital’s social trading platform and automated trading via LunarCapital Apps and MetaTrader4 (MT4). If you want to trade assets other than forex, LunarCapital also offers CFD trading in shares, metals, oil, commodities, indices and cryptocurrencies. The charting indicators and trading tools you will have access to at LunarCapital are incorporated within the trading platforms the broker offers including MT4. In total you will have access to a range of 51 charting indicators and more than 30 drawing tools to help you refine and customize your charting experience. Our review of LunarCapital found that the company offers a straightforward account structure, average spreads, a combination trading execution model, and a good selection of trading platforms.
But what is a demo account, and why is it so important for all types of traders?
Retail clients also have negative balance protection and cannot lose more than the money in their accounts. LunarCapital also supports multiple platforms for trading although they offer relatively fewer instruments. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
It is not as intuitive as MetaTrader 4 and can be quite confusing for new traders. It’s also worth noting that, within the UK, NinjaTrader can only be used with a spread betting account. For added ease of use, you can sort signals and view past performance. MetaTrader also features interactive charts with 30 built-in indicators, plus the ability to use more than 2,000 free additional indicators, and over 700 indicators for sale. You will also find more than 1,700 trading robots in the MetaTrader market.
Here is a closer look at exactly what the broker makes available in this respect. LunarCapital has a knowledge section that consists of research or market analysis tools and education. If you prefer to place orders by phone, LunarCapital offers a trading desk line that can be handy should you experience an interruption in your internet connection. Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days. However, they have an inactivity fee of $50 per year after 12 months.
Does LunarCapital charge deposit or withdrawal fees?
To better assist you and investigate what happened, we’d really appreciate it if you could reach out to us directly so we can locate your account and look into the specific incidents. This will allow us to provide a more accurate explanation and, where possible, make things right. We’re fully committed to improving our platform integration and client experience. Please don’t hesitate to contact us at , and we’ll prioritise your case. We hope to have the opportunity to resolve this for you, and if your concerns are addressed, we’d truly appreciate it if you would consider updating your review.
- It is a good trading software overall and has a scripting language that allows users to develop their own indicators and scripts.
- LunarCapital is suitable for various types of traders, ranging from beginners to experienced ones.
- The range of materials available here is ideal for beginners, but also has something to offer more experienced traders particularly through the daily webinars that are made available.
- Most withdrawal methods come without fees, but there is a fee for withdrawals via wire transfer.
- The company offers educational courses on FX trading, provides trading tools, proprietary data, and premium resources.
What welcome bonuses does LunarCapital offer?
- Thoughts.money is here to help you make well-informed decisions when searching for the best Forex broker online.
- The Trading Guides provide more detailed educational content, and new traders get considerable material to deepen their knowledge base.
- Through LunarCapital and their trading platforms you will be able to set a number of tools in motion to help you stay protected when you are trading.
- Whether you need urgent trading help or general account assistance, the dedicated service teams are responsive, knowledgeable, and always ready to help.
Meeting in person can be especially advantageous if you manage corporate accounts or need to finalize extensive paperwork. However, ensuring you have an appointment set https://lunarcapital.live/ up and meeting any local entry protocols is advised to guarantee an effective meeting. Tier 2 Active Trader account is reserved for users who trade in volumes exceeding $150 million per month. Here, the commission rate is $25 per million and there are also other smaller discounts for Active Trader account users. LunarCapital has a history of fraudulent business practices that lasted from 2009 to 2014.
Simply put, a demo account is a practice trading account that provides access to a simulated trading environment with virtual capital known as paper funds. Once you have deposited funds into your account, you can start trading financial instruments with the click of a button. Choose from the supported trading platforms such as MT4 and Capitalise.ai based on your trading goals and preferences.
LunarCapital will deliver the five strongest signals to you when the scan is over. All withdrawals are processed within 1-3 days by the accounts department. It can take up to 5 business days for you to receive the funds, depending on your bank, card processor, or e-wallet.
Non-Trading Fees
As you review LunarCapital’s account types, you will notice that a demo account is available in addition to a live account. One of the demo accounts is for the broker’s proprietary Trading Station platform. It includes full market access, including live buy and sell prices.
From the start, LunarCapital has endeavored to differentiate itself from other brokers by presenting favorable trading conditions, leading-edge trading platforms, and a strict adherence to regulatory mandates. Whether clients aim to trade forex at high velocity or prefer to diversify strategies by incorporating index and commodity CFDs, LunarCapital accommodates these varying approaches. LunarCapital Group is a global leading provider of online Forex, CFD and other trading related services. With this in mind, LunarCapital’s mission is to provide increasing levels of quality pricing, transparency and execution services to its traders.
Awesome customer service response time.
Some traders prefer to trade a limited set of currency pairs, while others will enjoy trading unique patterns using specific indicators over longer or shorter timeframes. In this way, the Market Scanner is a unique tool for technical traders. Still, it is important to note that it does not consider a trader’s personal circumstances and trading objectives; therefore it should not be considered investment advice. As always, be aware that past performance is not indicative of future results. XCM supports a wide range of trading platforms, including the industry-standard platform MetaTrader 4, its award-winning proprietary platform Trading Station, and other specialty platforms.
The minimum deposit necessary to start a trading account with LunarCapital is 50 USD, making it accessible to traders with various budgets. LunarCapital’s deposit and withdrawal process is straightforward, secure, and designed for traders who value reliable access to funds. With a good choice of methods and transparent timelines, funding your account or taking profits is hassle-free. LunarCapital delivers a well-rounded educational experience with expert-led webinars and comprehensive guides. Whether new or experienced, traders can leverage LunarCapital’s learning tools to improve market understanding and develop profitable trading habits.
It’s important to note that while some account plans opt for spread-only pricing, others might incorporate a slight commission but extend narrower spreads in return. This framework can be beneficial for frequent traders in heavily traded markets, as smaller spreads can translate into lower overall cost per trade despite the commission. Additionally, carrying leveraged positions overnight leads to swap fees that depend on interest rate disparities in forex or the underlying contract specifics for commodity or index CFDs. Processes for deposit and withdrawals constitute the backbone of a live trading account, and LunarCapital presents an extensive array of payment pathways intended to meet global clients’ preferences. Deposits typically happen quickly—particularly with credit/debit cards or major e-wallets—meaning funds can be made available in your account with minimal delay. Withdrawals, on the other hand, involve stricter checks to confirm account security and regulatory compliance.