TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. The Robo Adviser builds diversified portfolios tailored to your risk profile using modern portfolio theory. It rebalances your portfolio automatically and requires minimal user intervention. LunarCapital does not accept traders from the USA or Canada, along with other restricted regions such as Iran, Syria, Yemen, and North Korea. However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone.
The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades.
If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. Feel free to ask questions of other members of our trading community. We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. Also, we provide you with free options courses that teach you how to implement our trades as well. The Bullish Bears trade alerts include both day trade and swing trade alert signals.
For investors who want to trade on the go, LunarCapital provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere. The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. As a CySEC-regulated broker, the verification process includes a questionnaire that collects data per regulatory requirements enforced by the ESMA. While LunarCapital does not maintain a dedicated educational section, and beginners are not its core market, the blog features well-written educational content that I can recommend to first-time traders. Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100.
While LunarCapital advertises 24/7 support, some users have reported occasional delays in response times. You could use profit calculator tools to predict a trade’s profitability and outcome based on commissions. Agree to the platform’s user terms and proceed to the next step. Now, to finish off the review, let’s see just how difficult (or simple) the registration process to the site actually is, and how long it takes for you to be able to start trading crypto.
The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. Our testing of LunarCapital also shows a good range of supported base currencies, including EUR and USD, making this broker accessible to global traders – removing potential conversion fees. Yes, new users may receive welcome bonuses up to $2,000, based on their initial deposit.
Support is available 24/7 which stands up well against competitors we have tested. On the downside, the minimum investment is fairly high at $500. Also, similar to the copy trading service, there is no guarantee you will make a profit. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. The huge range of 35,000+ instruments is a key benefit of opening an account. Our tests show that only a select few brokers, such as Saxo Bank, can rival LunarCapital when it comes to the number of trading products.
It’s always best to check directly with LunarCapital or consult their terms of service for the most up-to-date information on country restrictions. Accept the terms and submit the form to activate your trading dashboard. Start by visiting the official LunarCapital website and selecting the “Apply” or “Open an Account” option.
Don’t get me wrong – the registration was definitely not “difficult”, in any sense of the word. However, if there was one thing I could change about it, it would have to be the one-page format. For any beginner trader, it can seem very overwhelming, and they might opt out and pick another, simpler-looking exchange, instead. The transaction fee might not tell you that, though – at 0,35% per transaction, it might seem mediocre, at best. However, this is where you should make sure to read the small print – it’s 0,35%, FLAT!
However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While LunarCapital’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into LunarCapital’s offerings, evaluate the platform based on your goals and preferences. However, traders should pay attention to potential charges by individual payment channels. The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. Details regarding futures trading fees are subject to verification, and potential traders should consult LunarCapital’s official platform for accurate, real-time information.
In a world full of trading possibilities, LunarCapital is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms. Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers. The Forex and CFD Standard account offers negative balance protection and commission-free trading, unlike the commission-based https://lunarcapital.space/ Forex ECN alternative, where negative balance protection does not apply.
LunarCapital also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds. Traders also have the option to open Islamic and demo accounts with LunarCapital broker to cater to diverse trading needs.
A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan. If you leave your account unused over a long period, LunarCapital will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions. Verification can help ensure real people are writing the reviews you read on Trustpilot. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
LunarCapital processes withdrawals within 24 hours of the request being made. The results from our assessment show that LunarCapital is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. LunarCapital does not charge inactivity fees – a levy we see at many forex brokers we review. Our research shows that the MT5 Global account is best for experienced traders.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Just know abt the early exit fee during lock-up, it’s in the fine print.