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May 3, 2024Since trading is something new for me, I’m still a bit unsure. A friend who has been in the game for a while suggested Lunar Capital to me. He mentioned that the conditions here are great for beginners and that I could get free educational materials from the broker.Right now, I’m practicing https://lunarcapital.net/ on a demo account and watching YouTube tutorials. So far, I’m happy with how things are going and I think I’m improving. I never thought I would have to reach out to customer support… It’s nothing major, just a couple of questions I had that I couldn’t easily find online.So!
Just add our widget to your website and respond to reviews on our platform for free. The secure Lunar Capital client portal handles all financial transactions for verified clients. I recommend beginners start with the Lunar Capital video lessons before funding a Lunar Capital account. I also urge beginners to seek in-depth education from third parties to deepen their foundation and avoid paid-for courses. You can check our Financial Services Register to make sure a firm is authorised and has permission for the service it’s offering you. Based on the broker information on the FxGecko app, I believe there are at least 5 significant high-risk signals for Lunar Capital (Tradeco Limited) as follows.
Spread fees
The Fractional share dealing offer is ideal for smaller portfolios. Hi Leon Mauer,Thank you for taking the time to share your thoughts with us. We’re always looking for ways to improve our educational offerings, and your feedback is invaluable. If there’s anything specific you’d like to see in our educational materials, please don’t hesitate to reach out. The broker provides various financial instruments, including forex, metals, futures, commodities, shares, and indices.
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- However, the platform’s attractive yet somewhat casino-style design could raise concerns, suggesting an approach focused more on gaming rather than professional trading.
- Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.
- In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent).
We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found them helpful. We believe that education is a crucial aspect of successful trading, and we’re here to support you in your journey. Hello Manolu C.,We’re glad to hear that you have found our educational materials to be informative. Our team is dedicated to providing our clients with the resources they need to succeed, and we appreciate your feedback.
Investment Offerings:
However, after a while, I got the hang of it and started moving around with no issues. It seems that with a bit of patience, things get easier. I appreciate the variety of shares they offer for trading. Recently, I made a nice profit after closing a short position on Nvidia when China said they were looking into Nvidia for antitrust problems. Even though I was initially a bit skeptical about this broker, after trading here for a while I realized that I would continue working with it. There is nothing that can make me say like “No, I leave”, rly.
Account verification is mandatory, as Lunar Capital is a regulated broker with FSA oversight and must comply with strict AML/KYC requirements. Most traders will pass account verification by sending a copy of their government-issued ID and one proof of residency document. Lunar Capital might ask for additional information on a case-by-case basis. Lunar Capital does not provide research to clients, but its live TV, available Monday to Friday from 0900 to 1100 (GMT), provides market coverage.
Lunar Capital Registration, Fees, and Spreads : How to Start Trading
In my estimation, Lunar Capital’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay. The webinars are geared towards beginners, intermediate-level, and advanced traders. At the time of my review, there were 5 upcoming webinars, all in Arabic. I quite appreciated that there is detailed personal info about market experts who lead the webinars.
I consider myself an adept trader, and I have extensive experience in the trading world. So here is what I think about this broker and how it can help different traders.First of all, the broker is a respected name in many communities. That is due to the fact that they have many loyal clients who talk highly of their services. This piqued my interest and I decided to open an account.From afar, the platform seems to provide everything for beginner traders, and little for professionals. There is a lot of education provided, and also copy trading services as well.
Lunar Capital’s trading instruments
Users mention scenarios where deposits are simple, but retrieving funds is problematic. Some clients also complain about unresponsive or non-existent customer support. The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform. Lunar Capital offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.
- Registration and account management are also conducted directly via this site.
- In addition, Lunar Capital charges swap fees if the positions remain open overnight.
- In this regard, there are no issues, the company is regulated and it ensures comprehensive security.Trading tools are also ok.
- Imagine trusting someone with £6,000, expecting returns, only to be left wondering where it all went.
- The Financial Securities Authority (FSA) of Seychelles belongs to the Tier 3 group and that’s the official regulator of this broker.
On InvestX.fr, Léa writes articles to help readers decode the latest news and stay informed about the ever-evolving blockchain world. If you have an account with Lunar Capital and want to withdraw funds, here is a clear guide to follow. A transparent MT4 broker with a balanced asset selection and quality education. To sum up, I think Lunar Capital (Tradeco Limited) is not a safe enough forex broker. One of the best things about MT4 is its simplified order execution. However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms.
Idk, there’s just something about his teaching style that makes him a great mentor. His explanations are brief and easy to understand even for me. Hi Macey Drew,We really appreciate you sharing your Lunar Capital experience with us! Hi Fouad El Alaoui,We really appreciate you sharing your Lunar Capital experience with us! Hi D “Dadi” M,We are delighted that our withdrawal process and customer care team have won you over!
What platforms does Lunar Capital offer?
The broker does not charge deposits and withdrawals but has issued an inactivity fee. I am looking for new ways to experiment with my trading style and now the Lunar Capital platform may seem too regular for many traders of a new generation. I get it but that’s what you need when you are looking for a rock-solid mt4 broker. Here the app is neat, with good spreads inside and choice of accounts, including a cent one. I also think that they managed to release a well-doing tradecopier service and while they don’t have too many services, all the products in the cpmpany are on a good level.
The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services. MT4’s app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor your positions’ development and make changes if needed.
