Do not invest with LunarCapitalFX unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. To better understand the LunarCapitalFX trading platform, you can create two separate accounts – one with real money and the other a LunarCapitalFX demo account.
- This financial tool allows one to resolve their queries related to Public Provident Fund account.
- Dear Sylvia Chinaecherem Ifeanyi, Thank you so much for your positive review and for placing your trust in LunarCapital.
- One thing to note – LunarCapitalFX’s ECN account does charge a small $6/lot commission to offset the even lower institutional spreads they provide.
- For example, you can deposit and withdraw using visa debit and credit cards with a minimum deposit of $25.
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Their goal was to create an open and welcoming platform for newbies and experienced traders alike. Compared to other brokers who offer more deposit and withdrawal methods available in the market, the broker here is lacking when it comes to the options provided. LunarCapitalFX offers both written and visual educational materials to its investors. In this part of this LunarCapitalFX review, I will explain the educational topics that are offered to educate traders of LunarCapitalFX. The topics range is quite wide and covers everything a new trader might need to learn and all technical topics a professional trader would use to apply a new strategy. MetaTrader 5 (MT5), offering more than MT4 does, also includes features and trading functionalities that are better than many other online trading platforms available today.
Before opening an account, a trader must be diligent and thoroughly investigate potential brokers. If the research supports the broker, a small deposit should be made, followed by a few trades, and then a withdrawal. 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. Negative balance protection is important for traders using leverage on platforms like LunarCapitalFX.
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One of the primary considerations when evaluating a broker, such as LunarCapitalFX, is to assess the broker’s regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. You must be diligent and thorough in your LunarCapitalFX review selection process to safeguard your hard-earned money.
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LunarCapitalFX traders can navigate the platform and find the information they need to make informed trading decisions. It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors. You can start using the MetaTrader 4 platform with LunarCapitalFX in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers.
Apr 2024 / Moneyweb journalist
- All funds deposited to LunarCapitalFX are held in segregated bank accounts for security.
- Our goal is to ensure that you always have the tools and guidance you need to trade with confidence.Should you need any further assistance or have questions at any time, please don’t hesitate to contact us at We’re always here to help.
- Additionally, advanced order management tools give LunarCapitalFX traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 LunarCapitalFX trading platform.
- LunarCapitalFX may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients.
- These complaints mostly concern things like the inability to withdraw money and, in some extreme circumstances, the manipulation of market prices.
Numerous complaints about LunarCapitalFX have been made on social media and on other websites that provide reviews of forex brokers. These complaints mostly concern things like the inability to withdraw money and, in some extreme circumstances, the manipulation of market prices. Both have PC, smartphone, and WebTrader versions as standard. Additionally, LunarCapital FX has its own exclusive social copy trading platform.
Forex, commodities, indices, and cryptocurrencies are examples of trading instruments. LunarCapitalFX MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, LunarCapitalFX MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4. MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features.
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. Trading online with LunarCapitalFX requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the LunarCapitalFX trading tools and features. That’s why we’ve compiled this detailed LunarCapitalFX review with some important information that will hopefully make you more informed when online trading with LunarCapitalFX. Our team has endeavored to break down the complex world of trading with LunarCapitalFX into easily digestible information in this LunarCapitalFX review.
Dear Lawrence Luke,Thank you for such a high rating and for sharing your feedback with our LunarCapital Trading platform. We are delighted to know that our customers are having a good experience using our platform. We shall strive harder to provide the best user experience to https://lunarcapital.net/ our customers.
LunarCapitalFX is regulated by the MISA (Mwali International Services Authority) (T ). When selecting a broker such as LunarCapitalFX, one of the most critical factors to consider is the broker’s regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, LunarCapitalFX ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability.
A LunarCapitalFX demo account provides a risk-free environment for experimenting with the LunarCapitalFX platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in LunarCapitalFX trading decisions. Beginners and inexperienced traders must take the time to learn how to use the LunarCapitalFX trading tools properly. LunarCapitalFX is a global broker offering access to over 80 trading instruments, including forex pairs, cryptocurrencies, and commodities.
Since LunarCapitalFX ads are directed at forex beginners, many people would start trading forex for the first time with LunarCapitalFX as their broker if their marketing was successful. If a forex broker commits financial fraud, they cannot be reported to any financial regulatory authority in a country where they are not regulated because they are only regulated in Cyprus. What further he mentions is LunarCapitalFX being such a big brand caught him off guard.
And it seems to have worked, because LunarCapitalFX now has over 21 million happy customers! Yep, this forex broker is still a spring chicken compared to some of the old dinosaurs in the industry. But in its short life, LunarCapitalFX has already made quite a name for itself. Funding and withdrawal options in LunarCapitalFX are diverse, so you can choose what works for you and which one is easier.
According to the ED, the forex trading platform manipulated trade activities, inducing huge losses for Indian investors. The ED also alleges that LunarCapitalFX diverted the defrauded funds into accounts and e-wallets owned by dubious entities. It’s important for LunarCapitalFX traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that LunarCapitalFX losses are limited to the funds available in your LunarCapitalFX account when negative balance protection is in place.
Overall, we were very satisfied with the email support provided by LunarCapitalFX. If you’re looking for a broker with reliable email support, LunarCapitalFX is worth considering. Even if an LunarCapitalFX trader experiences a significant loss, they will never owe more money than what is available in their LunarCapitalFX account balance. LunarCapitalFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients. LunarCapitalFX withdrawal requests will be honoured.Brokers that operate under the supervision of regulatory authorities like LunarCapitalFX are subject to strict guidelines that prohibit them from manipulating market prices to their advantage.