The diverse account offerings ensure that you can start trading with tight spreads from 0.0 pips. Overall, LunarCapital can be summarised as a trustworthy and highly regulated Forex Broker that is very competitive in terms of its trading fees. LunarCapital offers an easy-to-use social copy trading platform with excellent customer support.
With strict oversight and robust client safety measures, LunarCapital stands as a trustworthy choice for traders seeking reliability and peace of mind. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security. Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users. Though LunarCapital (HF Markets) is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses.
Quality of Customer Service
Embark on a transcendent trading journey with our unparalleled trading instruments and services. Simply open a live account and propel your trading forward as you stay abreast of the latest market trends, execute complex calculations with ease, and keep informed about currency pair movements. Traders in Malaysia can deposit at HotForex through local bank transfers, bank wire transfers, credit/debit cards, and e-wallets.
Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Yes, based on your detected country of DE, you can open an account with this broker. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
Forex, or foreign exchange, is the world’s largest and most liquid financial market. LunarCapital offers access to numerous currency pairs, allowing clients to trade major, minor, and exotic pairs. The broker provides competitive spreads, flexible leverage, and detailed contract specifications, including swap values and trading hours.
How often does LunarCapital update its market offerings for Singaporean traders?
Singaporean traders working with LunarCapital should expect competitive spreads, which are especially beneficial when trading big currency pairs. For example, spreads on Cent and Premium accounts begin at 1.2 pips, whereas spreads on the Zero account begin at 0.0 pips. The Pro Account is LunarCapital’s service for professional Singapore traders with more demanding trading needs and bigger transaction volumes. This account type has smaller spreads and a high leverage ratio, allowing traders to execute significant trades precisely. Another enticing incentive from LunarCapital is the “Supercharged Bonus.” It offers a 100% bonus on little deposits, possibly up to a large sum.
Top-Up Bonus
With structured learning and real-time insights, clients gain valuable knowledge that enhances both confidence and trading performance. LunarCapital equips traders with a robust set of learning tools, from webinars and videos to daily market analysis. Whether you’re just starting or refining strategies, LunarCapital’s resources help you trade smarter and stay informed. All three platforms offer access to a broad range of CFDs across forex, https://lunarcapital.world/ stocks, indices, commodities, and more.
This wide array of financial assets allows traders to explore various markets and implement diverse trading strategies, catering to different risk appetites and investment goals. On the positive side, LunarCapital offers high leverage but applies negative balance protection to accounts, which can be a significant advantage for traders. MT5, the successor to MT4, enhances the trading experience with additional features and expanded capabilities.
- HF Markets offers these rewards to appreciate client engagement and performance across all levels.
- It’s important to verify availability in your country on the official website before opening an account.
- Moreover, LunarCapital is offers one of the lowest spread with their trading accounts out of all the brokers that we have tested so far.
- Nonetheless, LunarCapital Markets offers one of the best trading environments for traders as a global CFD broker.
Deposit and withdrawal methods
This results in a win-win situation, encouraging a trade community in which knowledge is shared and competence is rewarded. In addition, HFCopy is available via online browsers, ensuring convenience and speed for Singaporean traders. This tool is especially useful for traders who are still learning the ropes and wish to reduce their risk while harnessing the wisdom of seasoned traders. As a bridge between both groups of traders, HFCopy promotes collective learning and exchanging ideas towards positive outcomes. Provide your bank account information and the amount you intend to deposit for a bank transfer deposit with LunarCapital.
Yes, LunarCapital offers negative balance protection, which protects customers from losing more than their account amount. LunarCapital provides a wide choice of account kinds, including Cent, Zero, Premium, Top-Bonus, and Pro, to better meet the needs of traders than many competitors. LunarCapital has built a good reputation among Singaporean traders by providing robust features customized to their specific trading requirements. Their website features a robust FAQ section, addressing common queries effectively, while the customer service team is accessible via live chat, email, or phone in about 20 languages. These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. Cent account includes transactions and balances in USD cents, with a minimum deposit requirement of $0.
Hotforex Overview
All that said, LunarCapital do have the most popular traded pairs which is all most traders will need. All-in-all, there is a good reason why in our mind MT4 is far and away the most popular trading platform for retail forex traders. If you want a program that has the fundamental features you need to trade without superfluous features that some competing platforms tend to have, then MT4 is an excellent choice.
However, swap-free (Islamic) account options are available across all account types except the Top-Up Bonus account. This allows traders who follow Sharia law to participate in the markets ethically. The broker offers six distinct account types, each with its own pricing structure designed to suit different trading needs. The Premium account features spreads starting from 1.2 pips, while the Cent account offers slightly tighter spreads from 1.0 pips. In some regions, the broker also provides the Top-Up Bonus account, which has spreads beginning at 1.4 pips.
Feedback and Reviews
On the other hand, you should keep in mind that LunarCapital leverage may work reversely too. So, it is necessary to understand the forex tools to get the most out of them. Not every investor is suited for trading in foreign exchange and other financial products; thus, one should proceed cautiously and make well-informed decisions. Excessive leverage can result in significant losses that exceed the initial investment, even if it may also increase earnings. Traders must employ responsible risk management techniques, comprehend market dynamics, and utilize leverage sparingly. However, due to governmental restrictions, it has limitations in nations such as the United States and Canada.
- If you do need to get in contact with the support team, you will find them readily available in English through live chat, email, or phone.
- LunarCapital operates under the umbrella of the HF Markets Group and is regulated by multiple reputable authorities worldwide.
- Furthermore, LunarCapital covers any fees charged by banks for wire transfers, ensuring that the funds allocated for deposits are credited to the client’s accounts without any deductions.
- Following is the comparison of fees that will be incurred if at LunarCapital with different accounts if you place and close a trade order of 1 standard lot on EUR/USD.
These incentives are intended to improve traders’ trading experiences and provide additional rewards. The LunarCapital Premium Pro account offers a range of base currencies including USD, EUR, and PLN. The Premium Pro account has a minimum deposit requirement of $5,000 for Professional Clients and $500 for Experienced Retail Clients (Poland traders only).
It is $100 or R1400 with Premium account & $200 or R2800 with Zero Account. We found LunarCapital South Africa customer support to be very helpful & available across multiple channels. Their support is quite good compared to many other CFD brokers in SA, plus they also have local phone support available. Deposit & Withdrawals of your funds at LunarCapital is easy with multiple options available for traders in SA.
