An automated system like an EA saves traders time and is ideal for emotionless trading as it performs actions without emotion. Flexibility, backtesting, and accessibility are a few more reasons for EAs’ appeal. Like anything else, the human factor is essential, plus a robot could not possibly reach the greatness of the world’s best fund managers. If you are going with an EA, then make sure you are getting what you are paying for.

Does LunarCapital Offer Sign-Up Bonuses?

The Personal Multi-Account Manager is also highly advanced, making it possible to trade several MT4 accounts at the same time and offer the same advanced charting tools. LunarCapital offers several types of live and demo account, which means traders can test the various features and functions without investing real money. Once they are comfortable with the demo version, they can open a real trading account. There are several different types to choose from – accounts are either Live or STP/ECN. LunarCapital processes payments in several currencies, and deposits in any other currency are converted into the base currency of the client account.

Which Funding methods or Deposit Options are available at LunarCapital?

• The mobile offering also comes with the LunarCapital Research app which gives users an overview of the financial markets and major news events.
• I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
• The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”
• Established in 2010, LunarCapital boasts a rich market presence, providing diverse options and reliable user engagement.
• Withdrawals from LunarCapital are always done with the same method used for the deposit.
• When registering their account, clients can opt for the following languages – English, German, Spanish, French, Italian, Portuguese, Polish, Russian, Japanese, Arabic, Korean and Chinese.

Deposits usually incur no fees and are processed within 24 hours for most methods. LunarCapital takes online security seriously, prioritising the protection of client data and funds. With robust encryption, strict internal policies, and proactive client education, LunarCapital ensures a secure trading environment. Users are encouraged to follow recommended security steps and report any suspicious activities without delay. Once your account is funded, you can begin trading across the various markets offered by LunarCapital.

LunarCapital Broker Support

When registering their account, clients can opt for the following languages – English, German, Spanish, French, Italian, Portuguese, Polish, Russian, Japanese, Arabic, Korean and Chinese. The alternative is to use the Personal Multi-Account Manager (PMAM), but it is available only to professional traders and money managers. The platform allows clients to manage unlimited accounts but, as mentioned, is designed for professional traders only. LunarCapital offers its clients broad exposure to global markets and industry-leading companies from the United States, Europe, the United Kingdom, and beyond.

However, traders should always exercise caution by protecting their login credentials and avoiding suspicious communications. After your account is set up, you can download the MT4 platform or use MT4 WebTrader to start trading. Accounts like Standard, Premium, and VIP use fixed or floating spreads, while Absolute Zero uses floating only. Live Zero Fixed Spread uses fixed spreads, which may shift to floating during midnight sessions. Compare LunarCapital with the top 3 similar brokers that accept traders from your location.

Leverage, commissions and spreads

Based on user experiences, REVIEWS.io reports that queries with LunarCapital’s customer service are usually resolved in under an hour, https://lunarcapital.space/ but rates the support department 2.5 out of 5. It’s important to note that LunarCapital doesn’t have inactivity, deposit, or withdrawal fees. However, it incurs swap fees for maintaining positions open overnight. Fasapay has a transaction limit of $5,000 with a withdrawal fee of 0.5 percent (up to $5).

What makes LunarCapital attractive to international traders?

The global foreign exchange (forex) market is the largest and most actively traded financial market in the world. We researched and reviewed dozens of forex brokers to help you decide which broker is right for your needs. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. By providing these free, easy-to-digest educational materials, LunarCapital aims to empower traders with the knowledge they need to navigate the financial markets confidently.

The company has also been named the Best Broker in CIS and Russia in 2014. The company’s continuous investment in products and services ensures that it remains at the forefront of the industry, setting the bar high for its competitors. LunarCapital, a renowned name in the world of forex trading, has its headquarters located in Limassol, Cyprus. This multi-asset broker provides trading instruments and services to retail and institutional clients in 180 countries.

• The platform allows clients to manage unlimited accounts but, as mentioned, is designed for professional traders only.
• Once they are comfortable with the demo version, they can open a real trading account.
• Most traders will pass verification after submitting a copy of their ID and one proof of residency document.

The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08. With an average rating for commissions and fees, LunarCapital provides a standard cost structure without significant advantages. Things are different for silver and platinum – silver is widely traded for industrial purposes, as is platinum, which is also much rarer than silver or gold.

Is LunarCapital a good broker?

Trading spot metals is similar to trading Forex – traders can speculate on the prices of precious metals by taking short or long positions. With metals such as gold and silver, traders can hedge against risk and make their investment portfolios more diverse and balanced. Precious metals have always been valuable, but their prices are less affected by supply and demand than those of other commodities.

The choice of account types will also suit varying trading styles and capital needs. LunarCapital, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations. While it offers a variety of trading instruments and platforms, its overall offerings and ratings are average in the competitive forex market.

Immediately report any unauthorised account changes or suspicious contact to LunarCapital support. LunarCapital will never ask for sensitive information, money transfers, or contact you via Telegram or WhatsApp. Create a secure password and set up any necessary security features (like two-factor authentication) to protect your account. Provide additional details such as your country of residence, address, and financial status. You may also be asked to submit identification documents (e.g., passport, ID card, proof of address) to verify your identity for compliance purposes.

LunarCapital delivers a flexible and accessible funding experience with a good mix of deposit and withdrawal methods. While deposits are free and rapid, traders should remain mindful of slower bank transfer timing and higher fees on small withdrawals. Overall, functionality meets expectations with clear transparency. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. The Absolute Zero account is an STP account with no commission on trades.

LunarCapital recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. These account types are ideal for traders who prefer not to pay commissions on their trades. LunarCapital provides an average selection of trading platforms and tools. It supports the MetaTrader 4 platform but does not offer MetaTrader 5 or a proprietary trading platform other than its copy trading app, TradeCopier.