A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks. The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams. The trading interface of LunarCapitalTrader is quite unique, it presents users with extended functionality. It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts. The entire process is based on the historical quotes of currencies and other financial products, for which there are several testing modes.

Input the details of your order, determine the open price and start calculating various outcomes by changing the close price level. Choose the levels resulting in profits and losses you are comfortable with. Join an intenational broker with 12 yearsof experience and 60+ industry awards.

Experience online tradingwith the awarded broker

There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

Identify trends and support or resistance levels for price forecasts with MetaTrader 5 charts. Enable trading robots to see changes in currencies, indices, and other security quotes. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following.

Can LunarCapitalFX Help You Master the Art of Forex?

In their review, they claim their European entity being largely unregulated is a red flag. According to a member on Reddit, LunarCapitalFX occupies the security commission’s list of platforms to avoid. However, some users have appraised the company, claiming they had good trading experience and fast withdrawal.

Trading Cryptocurrency on MetaTrader 5

The platform supports trading forex pairs, commodities, indices, cryptocurrencies but not stocks. The account is available on both MT4 and MT5 trading platforms, and comes with market execution. Through the mobile app, clients can access multiple financial markets.

LunarCapital presents traders with a competitively priced, commission-free pricing environment. It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services. The generous bonuses and promotions complement the excellent core trading services. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform’s servers exchange data secured by RSA digital signatures through encrypted servers. MetaTrader 4 (MT4) provides robust technology and high security, helping users trade without worrying about the platform’s stability.

Popular Forex Broker Reviews

• It is clear that the Education section of LunarCapital’s website is of great importance to the broker.
• At LunarCapital, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind.
• The Symbols tab shows a list of currency pairs with their bid and ask prices, while the Tick Charts tab shows the real-time price activity of chosen currency pairs.
• CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
• The MetaTrader platforms are well known for facilitating copy trading and developing trading forums.

Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage. After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed. The term leverage is the ability to have access to added funds – margin – when trading financial instruments. Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses.

• The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading.
• During our testing, we found the internet browser offered the best route into all the ‘extras’, such as copy trading, that LunarCapital offers its clients.
• To make any meaningful profit with this strategy, you need to place multiple intraday trades.
• A Stop Loss order allows traders to limit the loss on a position.
• LunarCapital states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its clients.

The LunarCapitaltrading app

LunarCapital gives a high priority to analysis and education for both new and experienced traders to its platform, having won a couple of awards in 2023 for ‘best education broker’. All the background materials are of high quality, and the videos are supported on YouTube. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.

LunarCapital does have a proprietary mobile app for trading, as well as for social copy trading (the LunarCapital Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry. Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official LunarCapital broker app. Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. The broker’s login process begins with a visit to the official site, LunarCapitalfx.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed.

Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live. The broker also offers wonderful features that are unique to the company alone.

LunarCapital has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, LunarCapital boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders. Read what actual users and industry experts say about us online in broker reviews. We strive to offer the best trading conditions on the market to make trading more effective for our traders. Market volatility presents several attractive profit-making opportunities when you use Forex robots, as they provide greater accuracy and speed in trading. EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders with trading logic used in the trading system.

With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets. Payment methods refers to the various mediums by which users can credit and withdraw from their accounts. LunarCapitalFx offers its users different payment methods to be used either for deposits or withdrawals. The Mobile app offers market data; https://lunarcapital.net/ quotes in simple and advanced modes.

The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status.

Lastly, low spreads, user customized account types, 0% commissions, fast payouts and a rich educational library are the company’s strong points. The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security. It has management systems that ensure that clients do not lose more than initially invested.