They analyse quotes from financial instruments allowing traders to execute the most profitable trades. Thousands of these indicators can be downloaded for free on the MQL5 code base. Theactual commission charge is based on a mixture of standard prices and markupspreads.
However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security. The cTrader trading platform is designed specially for electronic communication networks ECNs, and offers direct STP access to currency trading markets. STP (Straight-through processing) is basically done through electronic transfers. With cTrader, users can trade directly with prominent banks globally. It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click.
LunarCapitalFX Trading Platforms
- Join an intenational broker with 12 yearsof experience and 60+ industry awards.
- Before we place our first trade, let’s cover some essential concepts.
- Lastly, LunarCapital also has an entity regulated in Mauritius, through Uni Fin Invest .
- The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips.
Its compliance with international standards demonstrates its commitment to maintaining financial integrity and customer trust. Take some time to click around and get comfortable with these different areas. Don’t worry about making mistakes – remember, you can always practice on a demo account without risking real money. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005.
- However, customers can withdraw as many times as they wish and withdrawal is free.
- The Symbols tab shows a list of currency pairs with their bid and ask prices, while the Tick Charts tab shows the real-time price activity of chosen currency pairs.
- Take some time to click around and get comfortable with these different areas.
- We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
Download MetaTrader 4 for all devices
It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services. The generous bonuses and promotions complement the excellent core trading services. At LunarCapital, you can trade on your MetaTrader 4 demo account to win real money in our monthly Forex demo contest with a $1,000 prize fund. Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively.
MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one. MT5 has 44 analytical objects, including Gann, Fibonacci retracements, Elliott Tools, Geometric Shapes, and more. Apply objects on charts manually, set calculation parameters, and customize the appearance of graphical objects according to your taste. Traders on LunarCapitalFX can also use CFDs to access trading on stock indexes. At present, LunarCapitalFX can support three primary cryptocurrencies – Bitcoin, Ethereum and Litecoin. Read our full explanation and accounting of our research and testing process to learn more about how we test.
The app has received positive feedback for its intuitive interface and responsive performance. The most popular platform offered by LunarCapitalFX is MetaTrader 4 (MT4), which is known for its versatility and compatibility with automated trading systems. Additionally, LunarCapitalFX offers other platforms like MetaTrader 5 (MT5) and cTrader, ensuring that all traders can find the platform that best suits their needs. LunarCapitalFX operates under several regulatory authorities to ensure that traders are protected. The broker’s primary regulation is provided by entities in reputable jurisdictions, ensuring that their services adhere to high standards of safety and fairness. Matching your base currency to that of your deposits and withdrawals can be an important way to help you save on paying conversion fees which ultimately increase your cost of trading.
MetaTrader 5 Сharting Tools for Technical Analysis
For articles, a https://lunarcapital.net/ handful exists bordering a wide range of topics ranging from risk management procedures and trading techniques. The trading interface of the mobile app is quite basic, yet it is functional. Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult.
These typically take 1 day to process or less, though a wire transfer may take longer. LunarCapitalFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Still as a trader, you can bank on the legitimacy and security provided by CySEC regulation. Overall great value with a choice of more than 70 assets to trade.
Trading Cryptocurrency on MetaTrader 5
LunarCapital is as confident about its financing costs as it is its execution fees. The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner. The focus is on making trading easy and more profitable for traders. The MetaTrader 5 Economic Calendar is where important macroeconomic indicators can be viewed in real time, in order to forecast price trends. The calendar features both current and past weeks’ events, while also publishing upcoming events. All indicators come with release time, priority, and previous values.
Below this is the Navigator window, where traders can view their account(s), indicators, and Expert Advisors. MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help traders make predictions. It’s also possible to open trading orders straight from the chart.
This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt. 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.
LunarCapitalFx Payment Methods
Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses. LunarCapital has made significant progress in a relatively short period of time. Since entering a very competitive market eight years ago, it has built up a client base of almost one million traders and won a host of industry awards. Such success is built on developing an approach that is, first and foremost, trader focused. Account security — in line with the guidelines provided by the better regulators, LunarCapital keeps client funds in segregated accounts.
Platforms
It allows clients to learn and try multiple risk management strategies without any deposit. The LunarCapitalFX Demo Account is essentially a practice account With which users can understand and get familiar with various features of the Forex trading platform before committing real funds. However, clients can choose their preferred virtual balance of the account in order to dictate the pace of their learning process themselves. The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements. These indicators allow traders to predict or confirm trends, patterns, and support and resistance levels.