Raids revealed that the forex trading app routed investor funds through mule accounts into escrow accounts of unauthorised payment aggregator Dinero Payment Services. Additionally, shell companies posing as e-commerce platforms were taken aboard using fake KYCs to access payment gateways and avoid detection. Investor funds were disguised as online purchases, layered through multiple accounts, and ultimately disbursed as fake forex or betting payouts to conceal their origin. With versatile accounts and a hassle-free setup process, LunarCapitalFX offers an inclusive trading environment suitable for traders worldwide. 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. This electronic trading platform is used by new and experienced traders alike.
Now you can watch how it performs in the Terminal section of your platform. Before we place our first trade, let’s cover some essential concepts. Furthermore, LunarCapitalFX adheres to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies, requiring account verification through valid identification and address proof. These measures help prevent fraudulent activities and ensure that all transactions are authorized and legitimate. Unlock lower spreads, personal guidance, and many other benefits by increasing your account balance. Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform.
If learning how to trade on LunarCapital as a beginner seemed difficult initially, we hope you now feel empowered to get started! We covered all the critical first steps – from opening accounts properly to analyzing currencies charts to managing trading risks. It is important to add that as a beginner, you can also use LunarCapital’s copy trading instead, which allows you to automatically copy experienced traders’ positions. We have a complete LunarCapital copy trading review you can check out later.
Copy Trading further enhances its appeal by simplifying trading for beginners and providing passive income opportunities. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares. LunarCapital has also gone above and beyond with its education materials which include live webinars and carefully crafted courses.
- This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits.
- The client terminal and platform’s servers exchange data secured by RSA digital signatures through encrypted servers.
- With competitive spreads, high leverage options, and robust security measures, LunarCapitalFX strives to provide a comprehensive trading experience tailored to diverse needs.
- Customise your account—real or demo—or just create a standard margin account in one click.
How Stop Loss and Take Profit work
To practise your trading skills safely, try opening a risk-free Forex demo account before creating a real one. With the LunarCapital demo account, you get a full trading experience while using only virtual funds without risking any real money. Just sign up and create a new demo account in a few quick steps.
LunarCapitalFX, a globally recognized online forex broker, was established in 2011 with its headquarters in St. Vincent and the Grenadines. This diverse portfolio makes it a popular choice among retail and professional traders alike. A trading account is where you store funds and trade currencies or other assets. You can create multiple trading accounts for your LunarCapital profile, each with its own balance and leverage.
LunarCapital trading account types
Every year we improve our conditions to make your trading journey easier. 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. When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources.
Open an MT5 account to trade on 230 instruments enjoying the platform’s advanced tools and LunarCapital’s excellent trading conditions. Scalping allows traders to take profit opportunities even when the price changes are very small. To make any meaningful profit with this strategy, you need to place multiple intraday trades. Even though the price changes are small, they add up over the course of the day—smaller profit opportunities are easier to catch than the larger ones.
Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. In the next section, we’ll talk about understanding the platform to help you start trading on LunarCapitalFX with your newly funded account. It was also discovered that nearly 50 per cent of user funds were diverted from the LunarCapitalFX platform to mule payout accounts.
1000 leverage
A demat account is a digital storage mostly used by Indian investors to hold securities in virtual form. The main difference between demat and trading accounts is that the former is just a repository, and the latter allows you to buy and sell your securities. You can only choose the trading platform when creating an account. Once it is created, you cannot switch the type of your LunarCapital trading account. However, you can just create another one on a different trading platform—for free.
- These indicators allow traders to predict or confirm trends, patterns, and support and resistance levels.
- We help you develop the knowledge and skills to trade efficiently and responsibly.
- Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading.
- Try to build a perfect set of indicators that can predict the behaviour of the market or employ Expert Advisors (EAs) to monitor fluctuations across various currencies.
- Open an MT5 account to trade on 230 instruments enjoying the platform’s advanced tools and LunarCapital’s excellent trading conditions.
Why trading on MetaTrader 5 is better with LunarCapital
This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform. Remember, it’s a good practice to withdraw some of your profits regularly.
Copy trading service launched
No, you can start trading right after you sign up and create your first demo account with LunarCapital. MetaTrader 4 (MT4) provides robust technology and high security, helping users trade without worrying about the platform’s stability. It offers tools for price change tracking, trend pattern recognition, and LunarCapital courses scam automated trading.
Fits your trading style
This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. Now that your account is funded, it’s time to get familiar with your trading platform. Don’t worry if https://lunarcapital.net/ it looks complicated at first – we’ll break it down together. LunarCapitalFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective.
Investing in financial instruments, commodities, and other assets carries inherent risks, and there is a possibility that you may lose your entire investment. It is essential to be fully aware of these risks before engaging in any trading activity. By offering a range of payment methods with swift processing times and zero fees, LunarCapitalFX ensures that managing your trading funds is both efficient and economical. Bring your trading to the next level with LunarCapitalTrader, LunarCapital’s own trading platform. Switch devices, manage orders on the go, analyse markets with AI, and share your opinion with the community. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform.
Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading. To open your first LunarCapital trading account, sign up and follow the instructions. You can always open more trading accounts on different trading platforms for free. We’re helping traders build stronger futures by offering a wide variety of educational articles and videos, insights from which can be applied to our unlimited demo accounts. By participating in monthly Champion MT4 Demo Contests, you can win up to $1,000 without making a single deposit. 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.
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. The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders. LunarCapitalFX’s no-fee policy for deposits and withdrawals, combined with its competitive spreads and high leverage, creates a cost-effective trading environment. Comprehensive customer support and a wealth of educational resources add value, empowering traders to make informed decisions. LunarCapitalFX’s extensive range of trading instruments, combined with flexible leverage options and competitive spreads, caters to both novice and experienced traders.