Trading account types compared: assets, benefits, conditions

While the free webinars allows clients to learn from veteran traders one-on-one, at a scheduled time. For articles, a handful exists bordering a wide range of topics ranging from risk management procedures and trading techniques. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage.

Deposit And Withdrawal

However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool. In our review, the entire withdrawal process took less than 35 minutes. We accessed the withdrawal section in the dashboard, where we entered the amount and selected the method, in this case, Tether (TRC20). The options mirrored those available for deposits, although, as expected, the only method available for withdrawals was the one we used for depositing funds. Withdrawals must be made using the same methods as deposits, meaning all available deposit methods can also be used for withdrawals. To enable multiple withdrawal methods, a new deposit using a different method is required.

Out of the options available, I think MT5 is the best option with LunarCapital as it has the most technical features while also offering all of Lunar Capital cheating the broker’s financial products. 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. The 50% bonus is more applicable to experienced traders or those confident in a long-term relationship with the broker.

This section includes details of the basic operations of the financial markets. There is an economic calendar, daily analysis posts, as well as trading signals and market insights. The videos are supported on YouTube, and much of the content is archived. LunarCapital gives a high priority to analysis and education for both new and experienced traders to its platform, having won a couple of awards in 2023 for ‘best education broker’.

LunarCapital trading app

Deposits made to trading accounts must therefore be made from bank accounts in your name only. In the case of bank transfers, all requests are processed within 1–3 hours during the working time of the broker’s financial department. However, deposits via Skrill, Neteller, Visa, Mastercard and crypto are instant.

LunarCapital reviews—by real traders

I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move. I find MT4 makes it easy to customise your charts with 9-time frames from day to tick charts and 3 chart types including bar, candlestick and line. This lets you adapt your charts depending on your strategy, whether you use multi-time frame analysis or are a scalper with tick charts you’ll find it easy to switch on MT4. Our broker reviews are reader supported and we may receive payment when you click on a partner site. LunarCapital provides a variety of educational resources aimed at enhancing trading skills. These resources are crucial for developing a solid foundation in trading principles and practices.

Customise your account—real or demo—or just create a standard margin account in one https://lunarcapital.live/ click. The firm looks set to continue to meet that challenge and provide its clients with a top-quality trading experience. LunarCapital has made significant progress in a relatively short period of time. Since entering a very competitive market eight years ago, it has built up a client base of almost one million traders and won a host of industry awards. Such success is built on developing an approach that is, first and foremost, trader focused.

MetaTrader 4 Android

To change the leverage on LunarCapitalFx, users first have to login to their trading account. Set a new leverage by clicking on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save. Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. Compared to other brokers, LunarCapitalFx claims to have low trading fees and charges nothing on deposit and withdrawal. The broker claims to process withdrawals by cryptocurrency immediately but withdrawals with bank payment could take 1-3 hours depending on the processing bank.

• The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them.
• 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.
• Below is a tabular review of the various deposit methods and the processing time.
• I was impressed with the efficiency and low-cost approach to depositing and withdrawing with LunarCapital.
• I’d like to have seen an option for bank transfers as I feel most secure about this process.

The broker pledges to be ready to respond to Live Chat requests within 30 seconds, and during live testing, we found they improved on that benchmark with queries being handled immediately. The staff were well informed and professional and able to help us deal with the beginner / intermediate grade questions we presented them. The trades were reported accurately in the site’s Portfolio section, and closing them out was a similarly hassle-free process. The crisp aesthetic of the dashboard is appealing and gives traders everything they need without creating a cluttered feel. Incorporated in 2011, the CFD broker comes under the stringent regulations of the Cyprus Securities and Exchange Commission (CySEC) in Europe.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves. To make it easier, LunarCapitalFx has a Copy Trading app developed differently from the mobile app.

What is a trading account?

During our testing, we confirmed that no swap fees are charged for maintaining open positions not only overnight but also during the weekend for several days. Internal transfers between different accounts can be done from the dashboard and are nearly instantaneous. There is also the option to transfer funds to a wallet outside of these accounts but within LunarCapital. During certain events, LunarCapital offers a bonus where you can claim up to a 100% deposit bonus.

Unduh LunarCapitalBroker, aplikasi trading resmi kami

The social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by LunarCapitalFx. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live. Established in 2011 and located in London, LunarCapitalFx is a forex broker that renders its services to users worldwide.

There are articles and videos on how the financial markets work, investment ideas, and the practicalities of trading and operating an account. All of the materials are easy to access and presented in a straightforward manner. Card transactions are instant, and crypto deposits take 3 – 30 minutes to clear. Checking the T&Cs of your chosen provider can help you establish the best way to fund your account. Some may also apply charges, which are out of LunarCapital FX’s control, but the broker doesn’t apply any fees during the deposit process. LunarCapital FX has built a strong reputation in the trading community for providing a user-friendly and fast-moving trading platform which helps traders execute trades with cost-effective pricing.

Depending on where you are from, you can open an account with a different entity that is regulated by either CySEC, MAS, or FSC. For experienced traders, or beginners looking to develop further, LunarCapital also provides resources to learn 12 trading strategies including chart patterns like wedges and candlesticks like the hammer. My experience with LunarCapital’s customer service was largely positive thanks to its 24/7 customer support and impressive AI live chat service. I felt that when I was passed to human agents on live chat it was hit and miss as basic questions were not answered, while other times they were. With 300 markets I found LunarCapital provides the major financial instruments most traders would focus on such as forex majors, gold, stocks like Tesla, or cryptocurrencies like Bitcoin. I think this is a sweet spot for the majority of traders unless you are seeking less popular markets or specific stocks to trade.

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. LunarCapital offers negative balance protection, which means that if a market slippage results in a negative balance, LunarCapital will adjust the balance to zero. This feature ensures that traders cannot lose more than their initial investment.

• With LunarCapital, you can trade a total of 300 trading instruments, including 52 Forex pairs and 277 CFDs, covering indices, commodities, and cryptocurrencies.
• The MT5 account, also called innovative account, is an account type for clients with trading expertise.
• You can access the broker’s copy trading service by downloading the copytrading app.
• Nevertheless, new users can always use the promo codes of LunarCapitalFx affiliates to receive bonuses or chat with the live support on their website to get the promo code.
• I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements.

LunarCapitalFX does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs. LunarCapital is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled LunarCapital to continue to expand its products and services.

In this section, we are going to be looking at these extra products and services. Customer service at LunarCapital is through live chat or a support email address, which is a slight letdown as I prefer when companies offer phone support for urgent questions. These are two offshore regulators that allow LunarCapital to provide secure financial services in 180 countries.

Categorised in: Forex Trading

This post was written by vladeta