LunarCapital excels in the education category with its broad collection of articles, videos, webinars, and ebooks. Beginners can learn about the core aspects of trading like technical analysis, fundamental analysis, trading psychology, and risk management. LunarCapital offers three retail trading accounts with a minimum deposit of $50. I reviewed LunarCapital’s legal documents and found everything to be in order.
Does LunarCapital provide VPS?
The broker also provides quite a few futures contracts, allowing traders to practice longer-term trading. On the other hand, LunarCapital offers no lower-risk securities, such as ETFs, bonds, or Asian stocks. The broker offers traders actionable trading ideas and in-depth market overviews. While the content is particularly useful for day traders, it also provides insights into broader and long-term market trends. LunarCapital offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment.
T4Markets Swaps
The broker offers the Trading Central package, which includes an intuitive economic calendar, featured trading ideas, and the Market Buzz feature. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and exploit the underlying trading opportunities in multiple ways. My tests showed that LunarCapital’s spreads on the Standard account generally exceed the industry average, while its swaps ranged from average to high compared to the benchmark.
“This app saved me $127 in minutes”
Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients. With https://lunarcapital.space/ a wide range of experience from fintech to entertainment, he presents what user-friendly manuals should be like. He works with numerous large corporations as an external manual production project manager. The cancellation process typically takes about 30 minutes to complete. However, the actual time may vary depending on your account settings and whether you need to contact customer service. Most cancellations are processed immediately, but some may take up to 24 hours to take effect.
– Locate the LunarCapital subscription.
In some cases, you may need to provide additional verification or documentation. After canceling your LunarCapital subscription, you’ll typically have access to the service until the end of your current billing period. You won’t be charged for the next billing cycle, and your account will be deactivated once the current period ends. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. LunarCapital imposes a 3% handling fee for withdrawals made without any prior trading activity. The market is continually evolving, marked by periodic surges and declines in volatility.
However, when I asked about the broker’s margin call, the agent seemed confused and provided a ready-made answer that was not quite relevant to my question. Ultimately, he could not answer and told me to refer to my account manager. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative. LunarCapital operates as a Straight-Through Processing (STP) broker without a dealing desk. Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the best possible price.
- Yes, you can usually reactivate your LunarCapital account by logging back into your account and resubscribing.
- LunarCapital accepts payments via bank wire, credit and debit cards, e-wire, and cryptocurrencies.
- My tests revealed that LunarCapital charges relatively high spreads on most instruments.
- Although I recorded extremely favorable spreads on Bitcoin, LunarCapital’s spreads on other popular instruments exceeded the industry average during my tests.
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If you’re frustrated trying to cancel your subscription, membership, or bill from LunarCapital—or if you didn’t even realize you were being charged—Chargeback can help. Chargeback is a personal subscription manager that automatically detects hidden, recurring charges like Netflix, Hulu, and hundreds of others. With one click, we can cancel unwanted subscriptions, flag suspicious billing, and even initiate refund requests on your behalf. Just connect your bank or email account, and we’ll take care of the rest.
If you see a billing from them, it’s likely for a monthly membership that helps you stay connected with the trading community and access helpful features. LunarCapital incorporates the standard suite of MetaTrader 4 available for desktop, web, and mobile trading. It can be used for automated trading via EAs, basic technical analysis, and simple order execution. Although I recorded extremely favorable spreads on Bitcoin, LunarCapital’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
Does LunarCapital offer a demo account?
- If you’re frustrated trying to cancel your subscription, membership, or bill from LunarCapital—or if you didn’t even realize you were being charged—Chargeback can help.
- Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers.
- As a trader who prioritizes flexible charts that are easily scalable, I find MT4’s charting capability too rigid and less effective.
- LunarCapital offers three retail trading accounts with a minimum deposit of $50.
- It guarantees the segregation of client funds and negative balance protection.
Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. My tests revealed that LunarCapital charges relatively high spreads on most instruments. Additionally, it lacks a raw spread account and does not offer phone customer support. I discovered that LunarCapital offers three commission-free trading accounts with floating spreads. The broker has a 100% margin call and a 20% stop-out level, protecting its clients against the dangers of a complete account wipeout. LunarCapital could improve its account offering by adding a raw spread account.
LunarCapital’s MT4 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more. My live testing indicates that LunarCapital’s swaps are average to high compared to the industry benchmark. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.
The selection is wide and diverse, though there are no low-risk securities such as ETFs. LunarCapital has an impressive assortment of 85 currency pairs, including major, minor, and exotic pairs. The broker also provides an extensive educational library, which features dozens of webinars, articles, ebooks, and more.
Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. LunarCapital offers Cent accounts for algo testing, and algo traders can use Expert Advisors (EAs) to automate their trading systems. However, the broker does not provide free Virtual Private Server (VPS) hosting for low-latency trading and stable internet connectivity. The broker supports MetaTrader 4 and has developed the TradeCopier service for copy trading. I appreciated LunarCapital’s investment in comprehensive educational materials and high-quality market research.
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. LunarCapital offers a blend of market research developed in-house and incorporated from third-party providers.