A fixed spread account means that the spread (the difference between the buy price and the sell price) is always the same. This allows you to purchase 1/10th of a share and is useful to trade stocks with a high share price, benefitting those with small accounts. With a good range of trading platforms, ActivTrades is a top broker to consider. From the app, you can trade on a wide range of currency pairs, including majors, minors, exotics, and emerging market currencies. I was surprised you are able to trade currencies such as the Colombian Peso and Ugandan Shilling which I have not seen other forex brokers offer.
Mobile Trading Apps
It provides unlimited access, real market data, and complete platform tools. Therefore, traders can practise risk-free and develop profitable strategies before trading with real funds. The LunarCapital demo account is a free, no-deposit trading https://lunarcapital.net/ simulator that mirrors real market conditions.
All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. Copy Trading further enhances its appeal by simplifying trading for beginners and providing passive income opportunities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
- LunarCapital ensures secure, commission-free deposits and withdrawals through a wide variety of local and international methods.
- All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions.
- LunarCapital is a global trading platform founded in 2011, serving clients in 180 countries.
- In my experience, each account type may come with a different minimum deposit.
The LunarCapital trading app released
- Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.
- A ‘contract for difference’ trading account allows you to trade long and short using leverage.
- Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LunarCapital’s lack of additional reputable licenses heavily weighs down its Trust Score.
- Get a quick, 60-second snapshot of LunarCapital’s core features through this concise video overview.
Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform’s servers exchange data secured by RSA digital signatures through encrypted servers. One reason foreign exchange trading has grown in popularity over the years is because of CFD trading accounts.
Negative Balance Protection means you’ll never owe more than your deposit. If your account goes below zero due to extreme market volatility, LunarCapital automatically resets it to zero, covering the loss to prevent further financial risk. Get a quick, 60-second snapshot of LunarCapital’s core features through this concise video overview.
Trading tools
It also integrates actionable trading signals for more informed decisions. However, the broker charges mixed spreads that may that may reduce profit margins for active traders. The LunarCapitalTrader platform is integrated with the ‘Space’ section, which includes advanced market analytics and actionable trading signals that can be copied directly on the chart. The research offering could be improved by adding content from some third-party resources. With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators. Automated trading helps traders enter and exit positions much faster than manual trading.
What is the LunarCapital Copy trading app?
The platform is also suitable for beginners who can track their progress and learn from their mistakes using the ‘LunarCapitalVision’ tool. Deposits and withdrawals are also free of charge with the broker, though third-party processing fees may apply. Brokers operate multiple entities globally, but regulatory protections vary.
Pepperstone is a globally regulated forex and CFD broker founded in 2010 and headquartered in Melbourne, Australia. Clients can access trading in 1,400+ instruments via an outstanding range of platforms, including MetaTrader 4, MetaTrader 5, cTrader, TradingView, and the Pepperstone mobile app. IC Markets stands out for ultra-low fees, raw interbank spreads, zero commissions, and zero requotes. It is authorized and regulated by CySEC, ASIC, the SCB, and the FSA Seychelles and is considered the ‘go-to’ forex broker for high-frequency, high-volume forex traders seeking ultra-low fees.
What platforms does LunarCapital offer?
Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account. 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. These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading. This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities.
LunarCapitalFX’s extensive range of trading instruments, combined with flexible leverage options and competitive spreads, caters to both novice and experienced traders. In terms of trading platforms, the broker supports MetaTrader 4, MetaTrader 5, and the proprietary LunarCapitalTrader. The broker caters to traders of all experience levels, offering free educational resources, such as online courses on the basics of trading, webinars, and live trading sessions. Overall, with competitive spreads, high leverage options, and robust security measures, LunarCapitalFX strives to provide a comprehensive trading experience tailored to diverse needs. Established in 2011, LunarCapitalFX is a globally recognized online forex broker, with company headquarters based in St. Vincent and the Grenadines. Over the years, it has expanded its operations to serve traders worldwide, with over 40M accounts open across more than 180 countries.
Plus, you can fine-tune the Space by choosing specific instruments only to receive these ideas from – in my instance, I chose USD/JPY, gold, and EUR/USD. LunarCapital has a decent selection of 34 cryptocurrencies covering Bitcoin, Ethereum, Ripple, and Litecoin which is a healthy selection of highly liquid crypto markets. If you prefer to trade less liquid and higher risk assets you also have access to altcoins like Dogecoin to speculate on. It is regulated by the FSC in Mauritius, the Mwali International Services Authority (MISA), and CySEC for European traders. The broker has also been operating for 12 years, which is a strong signal of safety in my book. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4.
Since markets are constantly changing, it’s crucial to keep your skills sharp without risking real money. On the plus side, it offers swap-free trading on all instruments, charges no inactivity fees, and doesn’t tack on handling fees for deposits or withdrawals. On the downside, its spreads vary widely, ranging from tight on EURUSD and share CFDs to high on commodities and indices. FxPro is a leading CFD broker regulated by multiple authorities globally, including FCA and CySEC. It offers 2,100+ tradable instruments covering forex, stocks, indices, commodities, and cryptos.
However, once the process is completed, they can easily add additional accounts with just one click. Scalping, hedging, and the use of expert advisors (EAs) for algorithmic trading are permitted. For instance, arbitrage trading is prohibited under their Customer Agreement.
LunarCapital’s Invite-a-Friend program lets you earn $1 per standard lot traded by your referrals. Just share your unique link, and both you and your friends benefit, with you earning commissions and them receiving a 100% deposit bonus. LunarCapital Copy is a social trading app that allows users to copy the strategies of experienced Master Traders. It simplifies Forex investing by enabling users to earn without actively trading or building strategies from scratch. These prize lots can be exchanged for gifts like t-shirts, power banks, smartwatches, or even laptops, with all items delivered free of charge.
deposit bonus
With these applications, users can trade, view interactive charts and make use of technical analysis tools while away from their computers. This is a distinct characteristic that avoids surprises, which are mostly negative for traders, especially on certain days when swaps can be doubled. The LunarCapital platform provides a web-based and mobile alternative, but there is no desktop version, which can be inconvenient for traders who prefer a dedicated program over a web browser.