The company has offices in more than 13 countries, including UK, Germany, France, and Chile. This makes XTB one of the safest brokers in the world, so you can’t go wrong with them. Investing here means trading currency, cryptocurrency, any product, stock, and much more. Shares of Lunar CapitalFX are excluded from the market subject to the terms of the German Stock Exchange and the American Stock Exchange.
2 Exness
But first of all, you can not pay out the bonus, you can only use it to make more profit. For withdrawal of the bonus, you have to do a certain turnover in trading volume (The bonus amount in lots divided 2). Before any broker enters the market, you should know whether the market is moving upwards or downwards.
When considering an online forex broker, Lunar CapitalFX is often mentioned due to its competitive spreads, trading platforms, and extensive educational resources. However, while Lunar CapitalFX may be an excellent option for many traders, it might not suit everyone’s needs. Fortunately, there are plenty of alternatives in the forex trading space that offer a variety of features to meet different trading preferences. This article delves into some of the most reliable and popular Lunar CapitalFX alternatives, comparing them based on key criteria such as fees, spreads, account types, customer support, and additional trading tools.
What are Micro Accounts Brokers?
Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. Make sure that the demo account is also an account that is authorised by the Lunar CapitalFX alternative themselves.A number of brokerage firms offer demo accounts, so use them to practice your trading strategy before deploying it on the real platform. This can help highlight glaring issues in one’s strategy helping prevent you from wasting your real money on the live platform. MT4/5 and cTrader are one of the top software on the Android platform on mobile.
Learn more about Lunar Capital with this video
HotForex holds regulatory licenses from the UK FCA, CySEC, the DFSA, the FSCA, and the FSA. Despite the multitude of oversight from established regulatory bodies, the bulk of its international business derives from the unregulated subsidiary out of St. Vincent & the Grenadines. Lunar Capital has licenses from global regulators that include CySEC, FSCA and MISA. Both brokers segregate client deposits and offer negative balance protection. If you are reading this article, you’re likely having trouble deciding whether Lunar Capital or HotForex is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.
A spread trade is the simultaneous purchase of one security and sale of a related security as a single unit. This will boil down to the type of position size and margin requirements you typically need for your personal trading. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. Lunar CapitalFX is a secure trading platform with competitive spreads and no hidden fees.
Test and review of the Lunar CapitalFX trading platforms
It is very easy to open a demo account with Lunar CapitalFX, and you will get this account quickly. To open an account, you need to use your name and email as well as a strong password. If you do not provide your full name and email address, the account will not be created. Lunar CapitalFX helps customers to know the basics by using the mobile trading app in the market.
Lunar CapitalFX trading does not give or receive access to US customers in any way. Both Exness vs Lunar CapitalFX brokers, operating as STP Brokers, have carved a niche for themselves in the competitive trading arena. Their https://lunarcapital.net/ emphasis on swift and efficient order execution has earned them accolades and trust from their clientele. However, the payments we receive can influence the products, companies, or services we highlight and evaluate.
- Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.
- Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research.
- Lunar Capital Zero accounts offer spreads as low as 0.1 pips with a small commission.
- Cryptoasset investing is highly volatile and unregulated in some EU countries.
3rd party payment processing fees may be for various reasons, including converting currency and transferring money between international banks.Compare Lunar CapitalFX withdrawal fees with some Lunar CapitalFX alternatives below. When trading you may want to trade with a Lunar CapitalFX alternative that has more active users. The more users a broker has indicates that the trading platform is more mature and that the Lunar CapitalFX alternative is better able to satisfy the needs of their clients than that of trading platforms with fewer users. A reliable Lunar CapitalFX alternative broker will want you to be a successful trader. One needs to also bear in mind the payment methods that are available to new customers on the Lunar CapitalFX platform.
Equity CFD trading at Lunar Capital remains commission-free but costs a minimum of 0.10% at HotForex. Direct share dealing at Lunar Capital incurs a minimum commission of $10.00 or 0.10%. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. Yes, Lunar CapitalFX has a mobile application, so traders and investors can quickly get the advantage of working on the trades and positions from the comfort of their phones only.
- The following points will make it easier to understand if spread betting with Lunar CapitalFX or a Lunar CapitalFX alternative broker is available.
- Commission can vary between brokers, particularly depending on the asset being traded and the form of service that is being offered.The new trend is for zero commission trading when using a mobile trading app.
- XTB works on a web based trading platform named, xStation that allows users to trade…
- The Lunar CapitalFX broker has several licenses, which bring some great benefits for traders.
- This is just a small example of how Lunar CapitalFX is genuinely caring about the experience you as a trader have, and it reflects our personal experience with the Lunar CapitalFX support staff very well.
Comparing the alternatives to Lunar CapitalFX is a crucial task to get right if you wish to find a broker that is best for your trading needs. There are several elements that you should include your comparison between Lunar CapitalFX and Lunar CapitalFX competitors, and they should be written down in a way that allows you to cross-analyse each identifying feature. Now, let us take a closer look at the possible Lunar CapitalFX alternatives. Each prover has some advantages and disadvantages, or they might simply not be able to join Lunar CapitalFX. To not leave you without options, take a look at these three alternatives below. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website.
If you intend to monitor your investment and trading activities by yourself, you can opt for brokerages with a more competitive fee structure than Lunar CapitalFX. While Lunar CapitalFX is a great global brokerage, it is not the number one in every trading product. To get hold of a trustworthy and reliable broker is tough in today’s trading world. We explain in detail what Lunar CapitalFX does and does not offer and offer Lunar CapitalFX alternative brokers who might better fit your trading needs. Regulation is crucial when choosing a Lunar CapitalFX alternative as your broker.
One of the prime focuses of MiFID regulatory authorities with Lunar CapitalFX and other brokers is to ensure retail trader protection in MiFID regulated regions. In this field, there is a high per cent chance that a trader to either gain a huge profit or lose the deposit money. A loss is always heart-breaking, but with Negative Balance Protection, one gets the assurance of at least not losing more than then they have deposited. Many Lunar CapitalFX alternatives offer multiple apps on different platforms that allow more accessible trading activities. ECN accounts are not offered by Lunar CapitalFX (check here for brokers offering ECN accounts).
Many customers who use Lunar CapitalFX have found it difficult to apply for a live trading account. Although the process is straightforward for the demo account, which requires only an email and password, the same cannot be said for a real Lunar CapitalFX live trading account. This type of account demands more detailed steps, including filling out a comprehensive questionnaire and submitting documents to Lunar CapitalFX for verification.
We analyse over 450 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Beginner traders have notably better resources at HotForex with quality research and educational tools. HotForex and Lunar Capital both have multiple regulatory licenses resulting in verifiable enforcement of trader protection. Yes, Lunar CapitalFX comes with licenses from several regulatory authorities.
It also supports copy trading, one of the prime advantages of dealing with this online brokerage platform. MetaTrader 5 is one of the most popular trades on one of the most popular platforms in the world. MT 5 is the world’s number one multi-asset platform provider of futures, forex, CFD, and exchange-traded instrument trading. This market has a large number of customers because this platform is very easy to use. MT5 includes Level 2 Pricing, Robotic System Trading, Higher Chatting, VPS Support, and Education Market.