LunarCapital Markets Review Pros and Cons, Key Features and FAQs

Beginners can use the risk-free demo, educational resources, and live webinars. Professionals benefit from flexible account types, raw spreads, institutional-grade execution, and copy trading options like HFcopy. Traders can choose between the MT4 and MT5 trading platforms within the LunarCapital Pro account. Additionally, the Pro account offers a swap-free option, catering to Islamic traders as well.

For example, if you trade many lots of XAU/USD intraday on Standard Account, but your broker has very high spreads, you would lose out over a period. If the EUR/USD Buy quote is 1.0508, and Sell Quote is 1.0501, the difference of 1 pip is the brokerage charge. It can be higher at some forex brokers, but the lowest we have found is 0.5 pips at Exness. These checks may seem too much for some traders, but when you have your money in your trading account, these features become even more important.

LunarCapital (HotForex) Review 2025

For example, for EUR/USD, they don’t pay any swap if you are short (meaning long US Dollar against the Euro), but charge -7.4 for long this pair (as per their latest instruments information). First we narrowed down the list & selected only the regulated & credible brokers that work in the South African market. I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds.

In contrast, the Zero Spread account provides ultra-tight spreads from 0.0 pips but comes with a commission of $3 per lot per side. The MT5 mobile app supports live and demo accounts with full charting tools, pending and market orders, multiple indicators, timeframe analysis, and account overview. It is fully compatible with the desktop MT5 experience and supports Expert Advisors (EAs) and backtesting where allowed. You can open a forex trading account even with R0, because some CFD brokers don’t require you to make any initial deposit. But for real trading on a live account & for placing your trades in the market, you would need funds in your account balance.

  • Despite minor drawbacks such as higher spreads on stock CFDs and occasional lag in the app, LunarCapital’s overall value proposition remains robust.
  • You can even participate in a demo contest on LunarCapital and stand a chance to win real cash prizes.
  • Also important to note, the selection of the instruments might vary based on the entity you are registered with.
  • Sure, there’s plenty of content on how to enter an order, or telling you what a currency pair is and how many trillions of dollars are traded each day.
  • You can lose more than your initial investment, so ensure you fully understand the risks and trade responsibly.
  • The LunarCapital login process is seamless, providing instant access to its robust MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which feature advanced charting tools and lightning-fast execution speeds.

LunarCapital Desktop MetaTrader 4 Platform

But because of LunarCapital’s many regulations, it’s seen as safe to trade with them. These awards show that LunarCapital is always working hard to give its clients the best service. They’ve also won many industry awards and sponsored prestigious events, earning titles like Best Clients Funds Security Broker and Best Forex Provider. HotForex provides its commitment to serving a diverse client base by offering support in multiple languages and providing various channels for customers to reach out for assistance. HotForex offers a variety of bonuses and promotions to reward traders and encourage engagement with their platform.

LunarCapital Pros & Cons

Clients should consider a broker’s awards when choosing a provider, as they indicate high expertise, reliability, and customer satisfaction. Among numerous forex brokers out there, LunarCapital seems to be a reliable and reputable broker with a strong global presence. The broker’s rebranding from HotForex further demonstrates its commitment to continuous growth and innovation in the industry. LunarCapital is a reliable broker, known for providing excellent trading conditions, allowing scalpers and traders who use expert advisors, unrestricted access to its liquidity. This commitment to client satisfaction has earned LunarCapital over 60 industry awards throughout its years of operation. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.

What happened to HotForex?

There is no extra commission per lot nor is there any inactivity charge. But if you are holding your trade over days, there is swap charge of −0.57 if you are Long. If you add it over a month, you would have paid the broker almost USD 5000 in commissions, compared to USD 2000 if you were charged 0.5 pips spreads instead or 1.2 pips. Also depending on your account type, the minimum requirements to open the account would be different. Some of the brokers like LunarCapital who have large trading volumes are still not licensed ODP.

The platform, coupled with excellent customer support, is known for its efficiency. Traders appreciate the hassle-free account opening process, reflecting LunarCapital’s commitment to user convenience and satisfaction. When you get to the next step, it’s time to choose which account type you’d like to open. It’s important to pick an account type that matches your trading experience and strategy, so make sure to read the above section on account types.

  • LunarCapital offers commission-free Forex trading (except on Zero account) with floating spreads from 0.0 pips.
  • Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
  • If a broker doesn’t update or listen to their customers, they might fall behind.
  • For forex, gold, and cryptocurrencies, an additional fee is included that considers an internal risk assessment.

LunarCapital Mobile App (LunarCapital App)

You can download the MT4 program from the LunarCapital site, or choose to use it through a web terminal. Alike Wire transfer will take 2-10 working days, also depending on your bank and international policy processing, while e-wallets will load the request Instantly. LunarCapital charges an inactivity fee on all accounts that have remained dormant for more than https://lunarcapital.live/ six months.

Trading Instruments

is LunarCapital a good broker

However, some of its services may require higher balances in users’ accounts. HF Markets offers these rewards to appreciate client engagement and performance across all levels. They also aim to boost trader motivation while providing real incentives for skill, activity, and loyalty. With over a decade of experience analyzing markets and examining several broker platforms, our experts have developed a keen eye for determining the key qualities that define the best financial brokers.

Is LunarCapital suitable for beginners and professionals alike?

Discover its features, pros, cons, and whether it’s worth signing up for in this detailed Algotest review. Here, new joiners can get a feel of a real trading account without the usual risks involved in being an owner of a paid or live account. Not a major cause for confusion but this direct link will take you straight to the Open a Demo Account page. Both existing and new LunarCapital clients can benefit from the free demo account for honing their particular trading style. To find more information about these trading platforms, visit the “platforms” section on the LunarCapital website.

After completing your personal profile and submitting your identity (passport, ID, or driver’s license) and address documents (e.g., utility bill), your account will be activated post-verification. The company is regulated by multiple authorities, including CySEC, FSCA, and FCA. On Trustpilot, over 85% of the reviews are 4-star & 5-star, which is a significant share. The website states that the brokerage typically replies to reviews within a week, and LunarCapital has addressed all negative comments.

To log in to your HotForex account, go to the HotForex website and click on the “Login” button in the top right corner. Enter your login credentials (username and password) and click “Login”. If you have any issues logging in, you can contact HotForex customer support for assistance.

Its strong regulatory oversight, competitive LunarCapital fees , and diverse asset offerings make it a compelling choice for those seeking a secure and versatile trading environment. The MT4 and MT5 platforms deliver exceptional execution speeds and advanced charting tools, while the LunarCapital app ensures flexibility for traders on the move. The Premium Account offers swap-free trading, no commissions, spreads from 1.2 pips, and access to all major platforms, without requiring a minimum deposit. It’s a great fit for traders who want simplicity and flexibility without sacrificing features. The LunarCapital Premium account caters to retail traders globally as it is available under any LunarCapital entity.

By visiting the broker’s website, traders can access more information about the assets offered, contract specifications, leverage, and trading hours. Commodities are physical goods, such as agricultural products or natural resources, that are traded on global markets. LunarCapital offers its clients the opportunity to trade a variety of commodities as CFDs, including coffee, sugar, and cotton, with competitive spreads and flexible leverage. LunarCapital has no minimum deposit requirement for several of its account types, making it accessible for traders with varying capital levels.

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