The LunarCapital dashboard clearly displays the progress of these lots and the application of the bonus in a detailed manner. Accessing the bonus is a straightforward process and can also be configured automatically. In 2022, trading over the weekend was allowed due to the rise of cryptocurrencies. After more than 10 years in the market, the company claims to have opened over 40 million accounts, received more than 70 awards, and paid out over 33 million USD in bonuses. Open an LunarCapital trading account and make a deposit—you need just $25 to start. If you are still unsure where to start, check out our introductory video course.
Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks. One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your https://lunarcapital.live/ LunarCapital account. You can develop EAs to 100% automate your strategy from analysis to execution, or set up risk management EAs to manage your risk on open positions automatically. If you want to see how LunarCapital’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. Our Trade and Win program enables you to redeem prize lots for the latest gadgets and merchandise.
Free demo trading account
One of the standout features of LunarCapital is that it does not charge swap fees. Positions held overnight are not subject to fees, whether positive or negative, which is a distinctive aspect of LunarCapital. Founded in 1996, Swissquote is based in Switzerland and authorized in multiple jurisdictions worldwide. Pepperstone is a globally regulated forex and CFD broker founded in 2010 and headquartered in Melbourne, Australia.
In the beginning, LunarCapitalFX started its service by offering the MetaTrader 4 platform and till today, the Micro account comes equipped with this popular trading software. However, LunarCapitalFX has acquired a license from MetaQuote to offer the latest version of the software, MetaTrader 5 for its Pro accounts. For a true ECN experience, however, the company has acquired a license for cTrader from Cyprus based Spotware. LunarCapitalFX also offers free demo accounts and we are happy to report that these demo accounts have no set expiry date. However, if you leave the demo account inactive for 60 days, LunarCapitalFX will deactivate it. LunarCapitalFX’s parent company is regulated by the Financial Services Authority (FSA) in St. Vincent and the Grenadines.
- Its growth has enabled LunarCapital to continue to expand its products and services.
- I opened an MT5 Trading Account to test the broker’s trading conditions and I was impressed with the spreads LunarCapital supplied.
- Therefore, traders can practise risk-free and develop profitable strategies before trading with real funds.
- We found that the LunarCapitalFX withdrawal request typically takes 1 to 3 hours to get approved and it takes another 30 minutes for them to make the actual transaction.
- Rather than specializing in any one field, LunarCapital provides a wide assortment of content types.
Which LunarCapital platform is best for beginners?
- In 2017, Autochartist was introduced, along with cryptocurrency trading and the first proprietary apps with market information, which would later evolve into the LunarCapital app in the following year.
- A trader can place every standard order type (market, limit, stop loss) within the platform.
- After all, the broker will hold your trading funds and execute your trades.
- While monitoring the spreads the broker’s EUR/USD spread fluctuated between 0.80 and 0.90, which is slightly more than the minimum advertised.
- The FXTM Invest portal, the broker’s copy trading service, allows professionals to become strategy managers and earn extra income from followers.
With fast processing times and a generous 50% deposit bonus, LunarCapital makes funding and managing your trading account seamless and rewarding. LunarCapital offers a broad range of trading instruments suited for both casual and professional traders. With flexible leverage, an intuitive interface, and global market access, traders can diversify their portfolios and develop strategies more effectively. It offers interest-free accounts, risk management tools, and award-winning platforms.
Use trading bots for market analysis and risk management without any limitations. Test your bot on a free demo account, adjust it to your investment goals, and then put it into action. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
Trade with the Best Global Broker Asia 2022
The calculator is an essential tool for every trader—it helps you prevent Stop Outs and manage your risks properly. A trading account is where you store funds and trade currencies or other assets. You can create multiple trading accounts for your LunarCapital profile, each with its own balance and leverage. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.
Favourable trading conditions for all LunarCapital trading accounts
However, with high spreads and extreme volatility, most of the hundreds of currency pairs offered by other brokers are often not practical to trade anyway. We found the approach of LunarCapitalFX to be more practical as it offers low spreads on popular currency pairs instead of offering hundreds of assets with high spreads and fees. It offers true ECN accounts via cTrader, which requires brokers to connect at least one major and reputable liquidity provider to the platform. So, we can be sure that the ECN account is really a direct market access account. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. LunarCapitalFX provides a highly accessible Copy Trading service, designed to benefit both beginners and experienced traders.
The LunarCapitaltrading app
The processing time can vary from 30 minutes to three business days, depending on the method and conditions. Withdrawals can be initiated from the website dashboard or through the mobile app. LunarCapital affirms that deposits can be made via bank wire, credit card, digital wallet, and cryptocurrency. The available methods vary depending on the client’s residence and may include local bank transfers. LunarCapital does not charge deposit fees, and processing times range from instant to a few days. Non-trading fees can include charges for account maintenance, account inactivity, deposits, and withdrawals.
You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders. I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move. I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements. MetaTrader 4 is a great option if you use custom indicators or strategies as it provides the MQL4 library which you can use to create bespoke strategies. If you lack the programming skills, the MetaQuotes Marketplace provides a library of 10,000+ custom indicators from the MT4 community you can use.
Thus, it enables Muslim traders to develop their skills ethically while confidently accessing global markets. There are plenty of educational and research materials, user-friendly interface, low minimum deposits and competitive spreads. However, it also serves well for experienced ones, who get used to MetaTrader. Nevertheless, it should be remembered that LunarCapital does not provide trading with some instruments such as ETFs and stocks. Traders who usually work with different types of assets may feel a lack of platform possibilities. Available trading platforms include MetaTrader 4 (Web, App, and Desktop), MetaTrader 5 (Web, App, and Desktop), and the proprietary web-based LunarCapitalTrader, along with the LunarCapital Copytrading app.