You should go through the list of Masters to check their trading history and performance, and then choose the one you prefer. Keep in mind that different Master Traders have different settings so you might have to adjust your balance accordingly. This website serves as an overview and information platform about the broker. All articles and content on this site are written by industry experts and are intended to provide information and opinions. Please note that this site is not affiliated with the official website of any broker that is reviewed or mentioned. The contents of this website should not be considered as financial advice.
Take your first steps with us
- LunarCapital has also gone above and beyond with its education materials which include live webinars and carefully crafted courses.
- Regular service updates respond to client needs and market changes.
- With a wide range of trading instruments, user-friendly platforms, and robust customer support, LunarCapital provides an appealing choice for both novice and experienced traders.
- Also, addition, orders less than 180 seconds can be considered abuse and canceled too.
- Everything you need to start trading from beginning to advance level, this website is providing you.
Advanced risk management systems protect client positions and funds. Real-time monitoring tracks market exposure and margin levels. Automated warning systems alert clients about potential margin calls.
The Malaysian office serves as a regional hub for Southeast Asian traders. Trading volumes exceed 50 million USD daily through Malaysian operations. The company processes over 1,200 transactions daily for Malaysian clients.
Trade with a global broker
Read this review to know more about the trading conditions at LunarCapital. Their entity is registered in the Island of Moheli, Comoros Union as LunarCapital Markets Ltd. The number of tradable instruments on LunarCapital is few, which means they may not have some instruments that you want to trade.
- The account has negative balance protection which means you cannot lose more than your deposits.
- MYR is not available as the base currency of the accounts.
- Clients must note that all the available financial instruments at LunarCapitalFX are traded in the form of a Contract for Deposit (CFD).
- Local trading communities receive support for educational initiatives.
Client testimonials highlight platform reliability and support quality. Trading competition winners share their experience and strategies. Long-term clients detail their trading journey development.
Broker Paling DipercayaiAsia 2023
LunarCapital also has negative balance protection, low spreads and offers commission-free and swap-free trading which will al contribute to lower fees as a beginner. However, it’s important to do your own research and practice with the demo account before trading with real money. MT4 and MT5 mobile trading platforms can be downloaded on mobile and tablets of Android and iOS operating systems. Apart from MT4 and MT5, no other trading application is supported at LunarCapitalFX. Traders need to separately download the MT4 or MT5 trading application from the play store or app store and link it with the live trading account at LunarCapitalFX. Local bank transfers are the best method to deposit and withdraw at LunarCapitalFX in Malaysia.
To make money, you will need to make profitable trades on the platform. However, remember that trading involves risk and you can lose your money as well. Furthermore, LunarCapital does not allow the use of arbitrage strategies. Arbitrage strategies carry along with them latency abuse, price manipulation, and time manipulation.
No commission is charged for any of the methods chosen for deposits and withdrawal. However, a fee for the deposit or withdrawal may be charged by the financial service provider which is executing the transaction such as your bank or a payment service. The pricing structure of both the account types is the same as the trading fee is built into spreads. The two account types are mainly separated on the basis of supported trading platforms.
Is LunarCapital a good broker?
It is important to note that LunarCapital is not regulated or licensed in Malaysia. Performance monitoring maintains high execution standards. See how leading review platforms in the trading industry rate us. In the personal area, there is an option to ‘get verified’.
Social trading programs enable knowledge sharing between traders. Trading competitions create opportunities for skill demonstration. Our market research team provides comprehensive analysis of global financial markets. Daily market reports cover essential trading information and potential opportunities.
It has a one-step login and can be linked with online tools and plugins. Based on the overall reviews, we have found fewer complaints regarding issues with https://lunarcapital.net/ LunarCapital from traders. This generally means the broker is responsive in handling client issues. The customer support of LunarCapital is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory. The next step is to select a Master Trader whose trade you want to copy from the ranking list.
Forex basics
Here is a summary of how the forex broker handles your orders. The webinars have also been structured so that you can learn at your level. There are webinars for all levels of experience and there some for beginners. After choosing a Master Trader, the Copiers are all set to copy their trades and benefit from the expertise of professional traders. Note that you need to verify your account before you can initiate withdrawals. Here is a summary of payment methods accepted by LunarCapital for deposits.
Some chat agents declined to answer some questions, claiming they could only give such information to registered LunarCapital traders. The copier does not need to copy the trades manually, it happens automatically. The Copier can choose to copy the Master Traders trade in equal volume or 2 times the volume of the trade or even three times.
This means your orders are transferred to interbank liquidity providers. However, some orders may fail to offset or LunarCapital might choose not to upset them. The minimum withdrawal amount on LunarCapital is MYR 20 for local bank accounts, $5 for withdrawals to e-wallets, and $20 for cards (Visa). The account has negative balance protection which means you cannot lose more than your deposits. Spreads on this account start from 0.6 pips, you do not pay any commissions on trades, and no swap fees are charged for keeping an open position overnight.
If you are found using these strategies, LunarCapital might cancel your orders, cancel your profits, close all your trading accounts, and refuse to allow you to open a new one. Also, addition, orders less than 180 seconds can be considered abuse and canceled too. The first step to start copy trading is to fund your CopyTrading wallet with a minimum investment sum of $25, some Master Traders require higher minimum investments. If you have funds in your LunarCapital trading account already, you can simply do an internal transfer to your CopyTrading wallet. Traders at LunarCapital can choose between MT4 and MT5 web traders for trading through any browser. For desktop devices, traders can trade on MT4 and MT5 web traders through their regular web browsers.
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. The desktop trading platforms offer the best trading experience with the best customisation and fastest execution. MT4 and MT5 are the two desktop trading platforms at LunarCapitalFX. Both these platforms are developed by MetaQuotes Software for online trading. The features, services, and trading conditions are nearly similar for both account types.
This is where you can change your trading parameters like leverage. Answer ‘Yes or No’ if you have traded Forex before, then click ‘Continue’. LunarCapital is legit forex broker that is regulated in multiple jurisdictions.
