I think it is great how the broker supports Muslim traders by giving them the option of a swap-free account which complies with Sharia law. However, this is not a unique feature and something that you will find most brokers provide nowadays. However, the broker does not offer any other platforms such as MetaTrader 5 (MT5), cTrader, or an in-house proprietary platform. After MT4, I would prefer MT5 as the second choice because of its additional features including more timeframes and built-in tools. If you are looking for more platforms, then RoboForex could be an option for you as they have a good selection. The broker can accept clients from most countries but does not provide services for United States residents and/or citizens.
- Lunar Capital offers demo accounts, apparently without any time limit, making them ideal for testing algorithmic trading solutions and new strategies.
- You should only engage in any such activity only if you are fully aware of the relevant risks.
- Our partners cannot influence our reviews, nor can they pay us to bias our rankings.
- The FAQ section answers many of the most common questions, and Lunar Capital is transparent about its products and services.
In addition, Lunar Capital maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks. In addition to offering free access to a Virtual Private Server (VPS), Lunar Capital currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit. This type of trading model levels the playing field with more transparency and a greater degree of control over your trades.
Although traders have had great success with Lunar Capital, trading on the financial markets with Lunar Capital is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Lunar Capital partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds.
Responsive support team
However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority.
Range of platforms
Lunar Capital provides access to a variety of indices, including well-known benchmarks such as the S&P 500, Dow Jones Industrial Average (DJIA), NASDAQ Composite, FTSE 100, DAX 30, and Nikkei 225. Lunar Capital offers competitive spreads and leverage options on indices, facilitating both speculative trading and hedging strategies. The platform is equipped with advanced analytical tools, including technical indicators and charting features, to help traders analyze market trends and make strategic trading decisions. Whether you are bullish or bearish on broader market movements, Lunar Capital’s indices trading platform provides the necessary tools and resources to execute your trading plans with confidence and precision.
To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Lunar Capital terms and conditions. It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also https://lunarcapital.net/ charge them. In the trading world, brokers like Lunar Capital, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors.
- Lunar Capital’s trading account is also available without a swap, upon request.
- If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources.
- Here is a screenshot of the Lunar Capital quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
Guarantee of reliable reviews
When you open it, you will need to indicate and confirm the e-mail (an e-mail with a link will be addressed to it), and then a username and password to enter your account will be available. All that is left to do is to download the terminal to a computer or mobile device. The main thing is not to make your account «idle» for a long time. I had to withdraw my money as I needed a broker with lower spreads on crosses. Nothing wrong with Lunar Capital, but I just had new requirements.They paid out my money without issue. Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.
It can be challenging and requires significant research and understanding of the Lunar Capital trading tools and features. That’s why we’ve compiled this detailed Lunar Capital review with some important information that will hopefully make you more informed when online trading with Lunar Capital. We aim to provide you with all the information in this Lunar Capital review you need to determine if Lunar Capital is the right fit for you.
The Lunar Capital Ecn xl account is a finding…
Lunar Capital provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to both beginner and experienced traders, offering valuable insights into market trends and strategies. While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. Lunar Capital offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders.
If a Lunar Capital trading position does not go in your favour, this is where negative balance protection comes in handy. Trading CFD trades on the Lunar Capital platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets. The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an Lunar Capital XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. Beginners and inexperienced traders must take the time to learn how to use the Lunar Capital trading tools properly. The broker lets you trade the available financial instruments using the MT4 trading platform.
Lunar Capital Non-Trading Fees
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Lunar Capital traders can navigate the platform and find the information they need to make informed trading decisions. Lunar Capital also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. When considering Lunar Capital for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Lunar Capital, 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.
Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. https://lunarcapital.vip/ This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring Lunar Capital’s platform. Lunar Capital offer educational resources which include Blogs, Market Analysois.