Beginners can learn about the core aspects of trading like technical analysis, fundamental analysis, trading psychology, and risk management. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

  • Between 74% and 89% of retail investor accounts lose money when trading CFDs.
  • I also checked LunarCapital’s Order Execution Policy and discovered that the broker operates on a best-execution basis, whereby the broker is required to provide the most favorable quotes under the prevalent market conditions.
  • However, LunarCapital’s spreads generally exceed the industry average, and it does not offer a raw spread account.
  • The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
  • If there’s anything we can do to further support your experience, we’re here to help.Best regards,LunarCapital ⚡️Empowering traders.

Primary markets

LunarCapital offers the TradeCopier platform for both professionals and amateur traders. If you’re confident in your trading skills, become a strategy provider and let others copy your trade and earn up to 40% performance fees. No matter which account you choose, you’ll have access to over 300 tradable instruments across six asset classes. Plus, you’ll be trading on the industry-leading MetaTrader 4 platform, known for its fast execution and robust features. LunarCapital offers four account types, including Standard, Premium, Privilege, and Cent, with commission-free trading and spreads starting as low as 1.1 pips. Consequently, working with such a firm subjects users to financial and data security risks.

Common Questions

  • These are all potential warning signs of a less-than-legitimate platform.
  • You’ll be asked to provide basic personal details and specify your preferred account settings.
  • I asked my trade manager to ring me and I’m still waiting.I respect Kryptø Mining.
  • The administration supports features such as an economic calendar and a calculator.
  • While proprietary platforms can be effective, they also present an added layer of risk for traders, as they are often untested compared to the industry-standard platforms.

Moreover, transactions on offshore regulated platforms are usually made in cryptocurrency, which means they are non-refundable. Information about trading commissions and dealer fees is not available on the main page of the site. Nevertheless, the client agreement reserves the right for the company’s employees to unilaterally change trading conditions, including swap charges. LunarCapital provides access to several types of accounts varying in spreads. When registering, clients can choose between Standard, Premium, or Privilege accounts, as well as a cent account.

Does LunarCapital offer Islamic account?

Whether it’s uncovering hidden fees, evaluating regulatory loopholes, or optimizing trading strategies, I live and breathe the financial markets. LunarCapital offers multiple account types, but it’s important to scrutinize the details. Some accounts may offer higher leverage or lower spreads, which can be attractive to traders, but these conditions may also be risky for inexperienced individuals. Moreover, unclear or overly complicated account types can sometimes be a sign of a scam, where hidden fees or unfavorable terms may apply to certain traders. Ive set up a few accounts on trading platforms and i would say these are one of the best, the web site is easy to use, getting pay-outs pretty easy compared to some ive used. Where they lost a star which in all fairness is also down to me for not reading.

A legitimate platform typically provides transparency regarding its security protocols, ensuring that customers’ funds are safeguarded and that sensitive information is handled with care. Lack of clear security measures or a history of data breaches could indicate a potential risk for traders. A legitimate broker takes significant measures to protect its users’ personal and financial data. Security features such as encryption protocols, secure payment gateways, and two-factor authentication (2FA) are important aspects to consider. The platform that LunarCapital provides is another important factor to consider.

Trading WTI CFDs

It also provides quality research and educational content, catering to the needs of beginners and seasoned traders. While the absence of regulation does not automatically mean that LunarCapital is a scam, it certainly raises questions about its legitimacy and the level of oversight it undergoes. Without proper regulation, traders may face higher risks in terms of financial security, dispute resolution, and overall transparency. However, the broker provides limited transparency regarding other potential trading fees or charges on the platform.

The brokerage company supports automated trading through Expert Advisors on MT4. LunarCapital broker offers a variety of payment methods to meet different demands. From E-wallets to cryptocurrencies, you can choose whatever suits you. Although third-party plugin support is https://lunarcapital.space/ lacking, users can access over 25,000 custom indicators for MT4. Examples of positive LunarCapital TrustPilot reviews that are fabricated and are in a marketing tone.

Trading eBooks:

I reviewed LunarCapital’s legal documents and found everything to be in order. The Client Agreement is readily available, and all relevant information is presented clearly. I also checked LunarCapital’s Order Execution Policy and discovered that the broker operates on a best-execution basis, whereby the broker is required to provide the most favorable quotes under the prevalent market conditions.

LunarCapital is a well-established online trading platform that offers a compelling range of features and benefits to traders. With its robust regulation by the Seychelles Financial Services Authority, diverse account options, flexible spreads, and an array of educational resources, it stands out as a competitive choice in the trading industry. One of the most reliable ways to assess the legitimacy of a trading platform is to check user reviews and testimonials. While reviews can sometimes be manipulated, they still provide valuable insight into the experiences of other traders. LunarCapital has a mixed reputation online, with some users praising its platform and tools, while others express dissatisfaction with its customer service and trading conditions. LunarCapital provides trading services on over 300 financial instruments across six asset classes, including Forex, and Shares.

LunarCapital’s MT4 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more. I also appreciated the broker’s phishing notice, which clearly outlines what clients can expect in terms of official communication. Léa is a member of the InvestX team, dedicated to guiding users through their learning journey. On InvestX.fr, Léa writes articles to help readers decode the latest news and stay informed about the ever-evolving blockchain world. Trading and investing should never be treated as a game, and caution is crucial when dealing with brokers promising easy profits.

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. Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK. I found the materials to be well-structured and highly detailed, exploring fundamental trading concepts from multiple perspectives. This layered approach provides learners with a comprehensive and well-rounded understanding of essential trading principles. LunarCapital excels in the education category with its broad collection of articles, videos, webinars, and ebooks.

A legitimate broker will have a well-trained support team ready to assist traders in a timely and professional manner. Another critical factor in determining whether LunarCapital is a legitimate platform is the variety of account types and trading conditions it offers. A legitimate broker typically offers several account types to suit different trader profiles, ranging from beginner accounts to more advanced options. Each account should offer clear terms and conditions, including deposit and withdrawal options, leverage limits, and spread structures. The project provides spot and margin trading with a limited number of financial instruments. The management supports multiple trading platforms with different functionalities and high liquidity.