Things you should know before Trading in Forex : LunarCapitalFX Explained

LunarCapitalFX is also available on mobile and has dedicatedapps for both iOS and Android. There is virtually no performance differencebetween these mobile apps and desktop apps. LunarCapitalFX traders are able to executive lightning tradesat visible prices without any slippage. We are constantly improving our product to make your trading experience better.

Scalping Review

• Users can decide to view prices of their chosen trading instruments in advanced mode, showing its spread and daily highs or in simple mode without the extra information.
• When it comes to regulations, LunarCapitalFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776.
• Conversely, LunarCapitalFX.com is a product of LunarCapital Markets Incorporated, based in St. Vincent and the Grenadines, offering its users the benefits of higher leverage and promotional bonuses.

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

• You can also watch the recordings of the past webinars, as they are saved on YouTube and always available.
• Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots.
• According to a member on Reddit, LunarCapitalFX occupies the security commission’s list of platforms to avoid.
• Rather than specializing in any one field, LunarCapital provides a wide assortment of content types.

The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them. This section of the site is well supported by the Customer Services and the Education sections of the site. There is also a dedicated VPS (Virtual Private Server) for ‘algo’ traders. The focus is on making trading easy and more profitable for traders.

The Future of Forex Trading: LunarCapitalFX

LunarCapitalFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading. A low spread andminimum depositas well as its own copy trading service make it perfect for many. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect. LunarCapitalFX ensures that traders can access the tools and functionalities they need to succeed, whether they prefer simplicity or advanced analytics.

LunarCapital also offers a free Telegram channel with strategies, trading ideas and other exclusive materials from experts. 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.

How to Open an Account and Trade on LunarCapitalFx Desktop Trading Platform?

The availability of demo accounts on both platforms further supports traders in mastering their skills before entering live markets. All of the platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers, and the LunarCapitalTrader platform is developing a following of it’s own. It is easy to set up to trade ‘algo’ https://lunarcapital.net/ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. LunarCapitalFX offers a user-friendly trading platform that can be accessed online or through mobile devices. Forex, on the other hand, is a decentralized market that can be accessed through various brokers and trading platforms.

Overall, LunarCapitalFX is a broker that stands out from the competition with its unique features and offerings. One of the key differences between LunarCapitalFX and Forex is the level of involvement. While Forex is the market itself, LunarCapitalFX is a participant in that market. LunarCapitalFX offers trading platforms, educational resources, market analysis, and customer support that traders can utilize to make informed trading decisions. In contrast, Forex is the broader concept that encompasses the entire market for currency trading.

Can people really get rich from trading? Expert opinions and success stories

Founded in 2011, its products are available through LunarCapitalFX.com and LunarCapitalFX.eu. Forex robots are ideal helpers when you need to evolve your scalping techniques and stop making manual decisions. Once you open numerous short-term orders, the most important thing is to close the orders with proper timing. That is where robots come in, providing accuracy in Forex and index trading. For instance, the EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders once your predetermined trading indicators are reached. MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS.

Now, let’s talk about how to get that money out of your trading account and into your pocket. Remember, if you have any questions during this process, LunarCapital’s customer support team is there to help. Don’t hesitate to reach out to them if you’re unsure about anything. 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.

The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known. As a trader, you will find a range of features available at LunarCapitalFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an LunarCapitalFX trader. Here are some of the spreads we found on the most commonly traded assets with LunarCapitalFX as an example.

LunarCapital trading app

This feature allows users to replicate the trading strategies of successful traders (referred to as “Master Traders”) automatically. Metatrader 4 (MT4) provides robust technology and high security to enable traders to choose Forex or CFD positions without worrying about the stability of the platform. It offers instruments to follow price fluctuations, identify trend patterns through charts and graphs, and also deploy automated trading techniques to manage trades. Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. Trading robots are applications used for trade account management. They analyse quotes from financial instruments allowing traders to execute the most profitable trades.

In today’s fast-paced world, mobile trading is not just a luxury but a necessity. Recognizing this, LunarCapitalFX has introduced its award-winning mobile trading app, available freely across app stores. The app’s user-friendly interface, available in nine languages, ensures that traders, regardless of their geographical location, can navigate with ease. LunarCapitalFX operates under two distinct entities to cater to a diverse clientele. LunarCapital Markets Cyprus Ltd, registered in Cyprus, operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) through the domain LunarCapitalFX.eu.

Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. The spreads when trading here are also kept as tight as possible. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers. Added to that the fact they do only offer a limited range of base currencies and not many deposit or withdrawal methods and you can see the limitations of this otherwise popular broker choice. LunarCapitalFX does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs. LunarCapital guarantees that your risk is limited only to the funds you have deposited into your account.

Copy Trading Review

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 to the individual provider how much this fee will be. When it comes to spreads and commissions, LunarCapitalFX works both with floating and fixed spreads.