Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. Founded in 2011 in Cyprus, LunarCapitalFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit. As for education, I thought LunarCapital did a good job at presenting the basic concepts of forex trading through an online video course. I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time.
How long does it take to withdraw from LunarCapitalFX?
This means that European traders or those clients that are registered with LunarCapital European entity will fall under ESMA regulation Leverage. The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk of losing money as well. For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders.
Trader Protections by Territory
- Most of the trading tools and indicators offered via the desktop version are readily available on the mobile trading app.
- From among the trading systems known as “Master Traders” to copy on LunarCapital's Copytrading app, there are 1,390 newcomers, 986 growing talent, 703 high achievers, 360 experts, and 223 legends.
- The only exceptions here may be in the case of your deposit not matching the base currency on your account, you would then have to pay a conversion fee.
- The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner.
- The only real difference here being that as a master you can earn commission.
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 International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks.
The dashboard includes a “Monitoring” area where users can view and share their performance, charts, profits, orders, and history with others. Both the user and any interested party can access this section to see the performance of accounts that have opted for public visibility. Additionally, the LunarCapital platform features a one-click trading button that cannot be removed, which poses a risk since clicking it executes trades without confirmation. Alerts and each executed order are notified through browser notifications. Additionally, the app allows users to view the history of each operation, including changes made to orders, with great clarity.
LunarCapital research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. LunarCapital customer support provides its clients with 24-hour live support available through live chat, email, and phone support in various languages. Both Live Chat and Email are available in various languages including Bengali, Chinese, English, Hindi, Indonesian, Malay, Portuguese, Spanish, and Thai languages.
LunarCapital Additional Fees
- In this LunarCapital Review, I’ll go through my findings helping you decide if LunarCapital is a broker you should consider.
- Yes, LunarCapitalFX occasionally hosts webinars and offers online courses to help traders improve their trading skills.
- It is clear that the Education section of LunarCapital’s website is of great importance to the broker.
- When it comes to spreads and commissions, LunarCapitalFX works both with floating and fixed spreads.
- The cashback rebates and affiliate programs demonstrate LunarCapitalFX’s commitment to adding value to its clients.
- The range of pop-ups and notifications about system upgrades or services ‘coming soon’ create an atmosphere of a site that is either going places or one that is not quite finished.
You can learn more about how this broker performs with our FXOpen review. All information on 55brokers.com is only published for general information purposes. 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.
LunarCapital is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). 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.
Swap-Free Account Fees
LunarCapital isn’t the biggest, most popular forex broker, but they have carved out a space for themselves in the industry. LunarCapital also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management. The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication. Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge.
It also facilitates copy trading services and offers extensive educational materials. Additionally, the broker provides promotions and bonus programs, along with 24/7 customer support, aiming to enhance the overall user experience and sustain its global presence. Dear Mohamed Al John Sheik Mohamed, Thank you for sharing your positive experience with us! We’re truly delighted to know that you find the withdrawal process with LunarCapital easy and seamless. LunarCapital is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies.
It’s been an awesome first step into crypto as a trading newbie. And unlike holding coins in a wallet, my crypto CFD trades aren’t at risk from hacking, lost keys or forgotten passwords. Now for experts who swear by the industry standard MetaTrader platform, LunarCapitalFX has you covered there too. First, they are properly licensed and regulated in their home country of Saint Lucia. This means they adhere to strict laws and oversight designed to protect traders. With so many fly-by-night brokers out there, it’s normal to wonder – is LunarCapitalFX legit?
Contests and offers
LunarCapitalFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. Both MetaTrader MT4 and MT5 stand out for the charting tools they offer. The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase.
LunarCapitalFX Current Expansion Focus
Renowned European countries such as Estonia, France, Finland, Germany, Greece, Hungary, India, Ireland, Israel, and Italy are directly involved in LunarCapitalFX investment. LunarCapitalFX includes many more countries, including Kuwait, Malaysia, Malta, Mexico, Monaco, the Netherlands, Norway, Latvia, and Liechtenstein. However, Lithuania, https://lunarcapital.net/ Luxembourg, Oman, Poland, Portugal, Russia, Saudi Arabia, Slovakia, Slovenia, South Africa, Sweden, Spain are still trading here.
LunarCapitalFX offers MT4 and MT5 as a web platform for Windows, MacOS, Android, and iOS. Our regulation and security score is a key marker of how trustworthy LunarCapitalFX is. They earn a four out of five for being regulated by CySEC, which is an upper-tier regulator.