By offering practical guidance and in-depth knowledge on these subjects, these videos help traders maximize their profits and minimize losses in the market. LunarCapital, formerly known as HotForex, is committed to offering a wide range of trading resources and educational materials to help traders of all levels enhance their skills and knowledge in the financial markets. These resources provide valuable information, tools, and insights, ensuring that traders are well-equipped to make informed trading decisions. You can find these resources on the broker’s website under the “Education” section. Thus, HF Markets offers an extensive range of tradable assets, including Forex, Metals, Energies, Indices, CFD Stocks, Commodities, Cryptocurrency, Bonds, and ETFs, which cater to the diverse needs of their clients.
- For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly.
- To open a Pro Plus Account, traders need to deposit a minimum of $250 or R4,700.
- This allows affiliates to access their earnings quickly and manage cash flow efficiently, without needing to wait for monthly or weekly payment cycles.
- LunarCapital maintains a global support network with regional offices and local contact points across several countries, offering both phone support and localized services to traders.
- LunarCapital offers a well-balanced asset selection in an excellent trading environment.
- There is good range of CFDs on metals, commodities, and energies bringing more ways for speculation of price movement without holding the underlying assets but speculating on the price fluctuation only.
Is it safe to participate in LunarCapital promotions?
Providing top-notch service and reliability is at the heart of what we do, and we’re dedicated to ensuring you continue to have a smooth and satisfying trading experience. Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. LunarCapital caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.
What types of bonuses does LunarCapital offer?
Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. LunarCapital provides customer support via Live Chat, Email, Phone, and a Contact Form. These options ensure traders can get assistance quickly and through the method they prefer. LunarCapital’s Copy Trading provides a practical, flexible solution for beginners and experienced traders looking for passive income.
The easy login and setting up of my…
This means that all clients have their orders executed instantly under normal market conditions and at the real market price. All client’s orders are transmitted to and executed by HF Markets Ltd who obtains liquidity from multiple banking and financial institutions. We must warn you, that some of the digital wallets have hefty fees and currency conversion spreads.
- With several options for deposits and withdrawals, and low minimum amounts, HF Markets scores high in this category.
- You will also find 21 timeframes vs 9, a Depth of market indicator and even 64-bit (vs 32-bit)processing which makes MT5 a superior option for backtesting.
- The platform proved ideal for beginners or advanced traders throughout testing we admit its robust functionality and straightforward UI.
LunarCapital offers a reasonably in-depth educational platform suited for reasonably new traders. Next up, I was offered a top-up bonus, which is an incentive from LunarCapital to deposit funds into the account. The bonus works by giving me some extra capital when I deposit, and I’m then required to turn over enough volume before I can withdraw it. LunarCapital has also taken out civil liability insurance up to €5,000,000, to protect client funds against broker error, negligence, fraud, and other risks. The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading licence.
We think LunarCapital’s (also called HF Markets and formerly Hot Forex) offering is typical of a broker using an electronic communication network (ECN) with no dealing desk execution model. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
Zero Account
When testing out the live chat feature, I found it to be error-prone, and not particularly useful for getting helpful information quickly or efficiently. Or, you can choose to withdraw to a crypto account, or e-wallet such as Skrill or BitPay for a much quicker withdrawal. These include your full name, gender, country of birth, phone number and the base currency you’d like your account to be held in. The features found in the app are a bit more basic compared to the MT4 and MT5 apps and much more basic than the MT4 and MT5 webtrader and desktop versions.
What educational tools does LunarCapital provide?
Most features on offer are quite generic for typical no-dealing desk brokers. For example, trading via MetaTrader 4 and MetaTrader 5 trading platforms and a decent range of CFD trading products like Forex, cryptos, stocks, commodities and bonds. Alongside quality research and MetaTrader offering, LunarCapital (HF Markets) offers a proprietary copy trading platform, as well as a decent selection of nearly 1,000 CFDs (including 100+ forex pairs). That said, trading costs at LunarCapital are slightly above the industry average across its spread-only accounts. Holding over 16 years of experience in global financial markets, and 4 B.A.
We’ve observed numerous brokers on FPA, and most brokers tend to have lower ratings. There is a complaint that FPA does not approve all positive reviews and only approves negative ones for the sake of their business. To understand the real reviews, traders should focus on the content of the reviews. While you should consider these reviews as part of your research process, you shouldn’t make decisions based solely on them.
LunarCapital offers live trading webinars, educational videos, trading tutorials, and a detailed FAQ section. These tools support traders at every level, from beginners learning the basics to pros enhancing their https://lunarcapital.space/ strategies. LunarCapital ensures a seamless funding experience with 24/7 deposits and withdrawals, zero internal fees, and multiple trusted methods. Traders benefit from fast transaction times, transparent terms, and high-level payment security across local and international options. Yes, LunarCapital suits beginners with its Cent Account, demo trading, and educational tools.
However, the payments we receive can influence the products, companies, or services we highlight and evaluate. It is essential to note that the website is region-based, and the available support channels may vary depending on the region. However, for this specific region, Email, Phone, and Live Support are the primary methods of communication with the broker. Please note that the information provided in this table is based on the data available up to September 2021, and some features might have changed since then.
Pros and Cons
Trading indices allows clients to gain exposure to entire market sectors rather than individual stocks. LunarCapital offers a variety of global indices for clients to trade as CFDs, with competitive spreads and flexible leverage. Formerly known as Hot Forex, LunarCapital (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders.
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. Whether you’re a first-time trader or a seasoned pro, LunarCapital offers a range of trading accounts with varied starting deposits, spreads, leverage options, and execution features.
All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. To open an account with LunarCapital, you will need to head to their website and then click on the “open live account” button which is located in the main menu. Established for more than a decade, in 2010, LunarCapital is one of the safest brokers there is. Based on our outstanding experience, we strongly recommend trading with LunarCapital. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
