LunarCapital: the leading broker for online trading

When it comes to spreads and commissions, LunarCapitalFX works both with floating and fixed spreads. The floating spreads can start from 0 pips depending on your account type. However please be aware that some fees may be applied in certain cases. All of the same withdrawal methods are also available as your deposit method. That means you can access wire transfer, credit/debit cards, and some eWallets like Skrill.

Yes, through the LunarCapital Copy app, users can replicate the trades of experienced Master Traders. You can track performance metrics, manage multiple traders, and withdraw profits anytime. LunarCapitalFX supports credit/debit cards, bank transfers, e-wallets (Skrill, Neteller), and cryptocurrencies like Bitcoin, Ethereum, and Tether.

These prize lots can be redeemed for valuable rewards like gadgets or branded merchandise. Moreover, LunarCapitalFX regularly offers a 50% credit bonus on every deposit, with occasional event-based boosts up to 100%. You can earn rewards by participating in LunarCapitalFX’s trading challenges and promo campaigns (the more you trade, the more rewards you can get).

Remember, it’s okay to close a trade early if you feel it’s the right decision. Now that you’ve signed up, it’s time to pick the right account for you. If you’ve been asking Google this question, “How to trade on LunarCapitalfx for beginners”, you can stop searching now. This step by step guide is your one-stop-shop for all things LunarCapital trading.

Is Pepperstone Broker Safe?

As a copier here, you also will not be charged any other commission besides that set by the person you are copying. This amount can vary depending on the master as they have freedom to individually set commission. This bonus is also withdrawable though you must meet certain terms and conditions set by the broker. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported.

What financial instruments can I trade on LunarCapitalFX?

Founded in 2011 in Cyprus, LunarCapitalFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit. If you’re exploring other platforms due to LunarCapitalFX’s regulatory limits, lack of 2FA, or simply want more options, there are several well-established options to consider.

Customer Support

However, the lack of two-factor authentication and limited regulatory coverage in key markets are worth considering. If these are deal-breakers for you, I recommend checking more popular platforms, such as Binance, Bybit, and Uphold. Although some user LunarCapitalFX reviews have highlighted withdrawal issues, the broker is a practical choice for cost-conscious traders. In terms of usability, Uphold is clean, mobile-friendly, and ideal for beginner to intermediate traders. It supports recurring buys, auto-pilot strategies, and quick transfers between assets, allowing users to manage a more diversified portfolio with ease.

  • Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.
  • From here, you can either click Deposit to fund your account or Skip for now to explore the platform first.
  • It uses robust 2FA (via Google Authenticator or SMS), withdrawal whitelist features, anti-phishing codes, and even a Secure Asset Fund for Users (SAFU), which is essentially an insurance fund for emergencies.
  • There is no rollover fee if you hold open positions overnight with LunarCapitalFX.

Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. Fraudulent activities in the trading industry have prompted financial regulators to increase their oversight of brokers and trading platforms like LunarCapitalFX.

Here is a closer look at a few of these features and how they can benefit you as an LunarCapitalFX trader. Unlike most brokers, LunarCapitalFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with LunarCapitalFX.

  • I’ll walk you through every step, from creating an account and making your first deposit to placing trades and withdrawing your funds.
  • While ERC20 is reliable, traders seeking lower blockchain fees may opt for the LunarCapitalFX TRC20 withdrawal alternative.
  • To withdraw, log in to your LunarCapitalFX account, select “Withdraw”, choose ERC20 USDT, enter your wallet address, amount (10–10,000,000 USDT), and PIN, then confirm the request.
  • Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms.
  • Some of them may not be available within every region or account type.

Navigating the Trading Platform

Overall, the platform is best suited if you’re after advanced tools, high liquidity, and diverse earning opportunities under one roof. If you use the local bank, enter the recipient’s bank name and account number and choose the account you’re withdrawing from. Choose the account from which you want to withdraw funds and click on Withdraw. Then, you should be taken to the withdrawal page where different payment methods are listed.

LunarCapitalFX provides well in terms of language choice to traders, though there is a clear focus on the Asian market when it comes to available languages. During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4. Again the platform is available on all mediums and a webtrader is offered. MT5 is also equally lightweight and can run on almost any device.

For example, if you select ETH, you’re asked to choose the currency, enter the number you want to fund, and then click Continue. Despite having customizable tools, I experienced slow loading times and found that the interface is somewhat “old-school”. Additionally, MT4 doesn’t support stock CFDs, limiting its range of tradeable instruments compared to LunarCapitalTrader or MT5. This can be a red flag for traders accustomed to the assurances provided by top financial regulators. When I explored LunarCapitalFX, I found that the platform offers quite a lot.

Types of Orders

If learning how to trade on LunarCapital as a beginner seemed difficult initially, we hope you now feel empowered to get started! We covered all the critical first steps – from opening accounts properly to analyzing currencies charts to managing trading risks. Remember, it’s a good practice to withdraw some of your profits regularly. This helps you enjoy the fruits of your trading while keeping some funds in your account for future trades. Now, let’s talk about how to get that money out of your trading account and into your pocket. The ED said it has so far attached assets worth over Rs. 2,681 Crore ($358 million), including 19 immovable properties and a luxury yacht in Spain owned by Pavel Prozorov.

#4 Enter Personal Info & Choose Account Type

While it would be even more helpful with more step-by-step screenshots, I think the written instructions are detailed and easy to follow for most users. The website automatically detects your IP address and adjusts the content accordingly, including displaying the platform in the local language, when available. This makes the onboarding experience more intuitive for non-English speakers, making users feel more connected and understood. They may also see region-specific banners that feature local influencers or traders. 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.

The only real difference here being that as a master you can earn commission. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. The spreads here start at an extremely competitive 0 pips with $5 per side per lot of commission, or from as low as 0.2 pips with no commission depending on your account type. The LunarCapitalFX Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up https://lunarcapital.space/ to the individual provider how much this fee will be. Here are some of the spreads we found on the most commonly traded assets with LunarCapitalFX as an example.

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