Negative balance protection is important for traders using leverage on platforms like LunarCapital. In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a LunarCapital trading position does not go in your favour, this is where negative balance protection comes in handy. LunarCapital provides a demo account that enables individuals to explore trading before investing their funds. By creating a LunarCapital practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the LunarCapital demo account can help individuals to make informed decisions before investing their money.

Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. Client funds are held in segregated accounts at top-tier banks, separately from the company’s funds to ensure they cannot be used for any other purpose. LunarCapital provides traders with a good selection of financial instruments across different asset classes, including forex, equities, indices, commodities, futures, and cryptocurrencies. The broker’s product lineup is quite rich compared to rivals like OANDA and Fusion Markets. IRESS is an innovative trading platform with a fluid and intuitive design that supports multi-product execution and provides access to level 2 exchange data.

Security and Money Guarantees

• Modern brokers like LunarCapital provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources.
• The effect of leverage on profits and losses magnifies them in both directions.
• More experienced traders can utilize this type of account to safely test their strategies before applying them in the real-world trading environment.
• You should take the security of your personal information seriously and check SSL encryption is enabled on the LunarCapital trading platform to protect you on PC and mobile LunarCapital platforms.
• LunarCapital customers have instant access to the financial market and can completely manage a Portfolio on the go.

Detailed information on the LunarCapital trading platforms is available on their website. MT5 on LunarCapital provides the convenience of using automated trading systems and copy trading, giving LunarCapital traders competitive research tools in 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. You should take the security of your personal information seriously and check SSL encryption is enabled on the LunarCapital trading platform to protect you on PC and mobile LunarCapital platforms.

While learning, you can also use global trading times to practice making live buy or sell trades using LunarCapital. This hands-on experience can help you gain confidence and become more comfortable with trading. The effect of leverage on profits and losses magnifies them in both directions. In other words, LunarCapital leverage profits and losses are magnified when trading. For instance, using CFDs, you use the LunarCapital trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value.

The proprietary calendar aggregates data from 35 countries and ranks events by impact (Low/Medium/High). The ‘Filter’ tab allows you to select only the currencies or indices of interest, and the time is automatically converted to the user’s time zone. MT5 expands the functionality with 21 timeframes, 38 indicators, an integrated economic calendar, and a Depth of Market feature. LunarCapital also supports equity CFDs and commodity futures directly within the terminal.

Does LunarCapital have fees?

LunarCapital also offers an Academy for traders, providing trading courses, live webinars, podcasts, trading guides, and more. Overall, the research & education at LunarCapital are of high quality and add value to the core trading environment. In addition to the built-in MT4 copy trading functionality, LunarCapital partnered with Myfxbook Autotrade, which is also available from within the MT4 trading platform. The most recent expansion includes a proprietary copy trading service – LunarCapital Copy Trading. VPS hosting is available, but minimum requirements must be met https://lunarcapital.space/ to receive it free of charge.

• The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals.
• One of LunarCapital’ distinguishing features is its competitive pricing and deep liquidity, providing traders with tight spreads and fast execution speeds.
• Since the STP model involves no paperwork and requires little human intervention, errors are mostly eliminated, dramatically lowering operational costs and risk.
• LunarCapital offers 24/7 customer support to both retail and professional clients globally through various channels, including phone / call back service, email, live chat, and social media.
• Hedging is fully allowed on all MT4/MT5 and cTrader accounts without additional margin penalties.

We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. His articles help everyday families build sustainable wealth, stop stressing about their financial security, and start living the life they’ve always wanted.If he is not trading or writing, he is at the gym. Cryptoasset investing is highly volatile and unregulated in some EU countries. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website.

KYC Procedure for Account Creation and Depositing

In terms of non-trading fees, LunarCapital stands out for not imposing account maintenance or inactivity fees. While deposits and withdrawals are typically fee-free, expect to incur extra charges for positions left overnight. Overall, this broker is one of the most affordable, and we give it a 4.3-star rating. LunarCapital is highly regulated by top-tier authorities such as the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This award-winning broker offers consistently tighter spreads on its advanced platforms. Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone.

Throughout our comprehensive LunarCapital review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. However, remember that you won’t be able to make trades on LunarCapital until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the LunarCapital KYC compliance process as soon as possible to avoid any delays in accessing the LunarCapital platform’s features. Even if an LunarCapital trader experiences a significant loss, they will never owe more money than what is available in their LunarCapital account balance. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account.

Top 5 Best Brokers in India

Choose Visa/Mastercard, Skrill, Neteller, local bank transfer, crypto (BTC, ETH, USDT) or SWIFT. All instruments are traded as CFDs, allowing for both long and short positions. The scores provide a quick reference but do not reveal all the nuances—continue reading the review to explore detailed arguments and real test cases. Later, a European division under a CySEC license and a South African entity under an FSCA license joined the Australian company, transforming LunarCapital into an international brokerage group. LunarCapital deploys a hybrid market maker/ECN model with NDD order execution. Additionally, a built-in copy trading function is available across MT4/MT5 and cTrader, which all support algorithmic trading.

All four LunarCapital mobile apps are user-friendly and ideal for monitoring portfolios on the go, managing existing positions, and copy trading. While mobile apps tend to be better for portfolio management than complex trade analysis, MT4, MT5, and cTrader offer advanced, technical, analytical suites. None support algorithmic trading, which is only available on the desktop versions of MT4 and MT5 but is included in the cTrader web-based platform. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist.

With a minimum deposit of 100 AUD, clients gain access to ECN execution with speeds from 0.02 seconds and spreads starting at zero on RAW accounts. These include bank wires, credit/debit cards, online payment processors, and cryptocurrencies. Clients may access all available options from their back office, where LunarCapital lists all payment processors transparently. The availability depends on the country of residence, and not all traders may have access to all payment processors. The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends.

LunarCapital does not accept clients from the United States of America due to strict regulatory rules imposed by the Commodity Futures Trading Commission (CFTC ) and National Futures Association (NFA). They also are unable to accept clients from Japan, Iran, North Korea, Sudan, Syria due to international sanctions, Belgium due to restrictive trading rules and some regions in Canada such as Ontario and Quebec. LunarCapital clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC.

80% of retail investor accounts lose money when trading CFDs with this provider. After completing the registration form, LunarCapital will require you to verify your identity. You’ll need to provide scanned or photographed copies of identification documents, such as your passport or driver’s license, as well as proof of address, like a utility bill or bank statement. Follow the instructions provided by LunarCapital for submitting these documents. Overall, LunarCapital’ support is comprehensive, accessible, and professional – an advantage for traders who value quick help and clear guidance. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

LunarCapital Reviews

Here is a screenshot of a live LunarCapital MT4 trading account during the most liquid overlap session, London-New York, where traders usually get the lowest spreads. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. While not always the most competitive, LunarCapital’ spreads on major currency pairs are reasonable, making it a solid choice for traders prioritizing stability and reliability over ultra-low costs.