It’s a good broker for intraday trading because trading conditions allow to earn on every move. I can’t say that my experience here leaves a lot to be desired, because the set goals were reached and I am satisfied with it. Depending on the scope of your trading and the assets you plan on trading, LunarCapital might not meet your needs.
Trading Conditions
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the ECN XL account. Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time. LunarCapital serves clients in the EU through a company registered in Cyprus, and clients from the rest of the world through a company registered in the Comoros. Finally, there are other ways to limit margin calls and by far the most effective is to trade by using stops. By using stops on each and every trade, your margin requirement is immediately re-calculated. Leveraging helps you make more significant profits in a shorter period, potentially from a low capital base.
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- This guide will break down the essential concepts of leverage and margin in simple terms, empowering traders to navigate the markets more effectively.
- LunarCapital has a clean regulatory track record and established itself as a secure and trustworthy broker.
- Margin trading allows traders to increase their initial position size.
This amplification effect can lead to larger potential profits, but https://lunarcapital.live/ it also means that losses can add up quickly if the trade goes against you. The initial margin required by brokers will vary, depending on the trade size. If an investor buys $100,000 worth of EUR/USD, they might need to keep $1,000 in the account as margin; the margin requirement would be 1%. LunarCapital offers one of the best selections of platforms for traders to choose from. Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade.
The Use of Leverage and Margin in Maximizing Forex Yield Potential
It’s all about carefully weighing your risk-return scenario and your trading capital – how much of your trading capital are you willing to risk in case a trade does not pan out as you expected? With a carefully executed forex trading plan, a leveraged account can bring you more profits than your trading capital can bring you on its own. In most cases, a moderately leveraged trading account brings much more manageable risks and allows the forex trader to get right back into trading when he loses out on his trade. LunarCapital offers a good selection of markets, but some other platforms do offer more. You can use LunarCapital to trade forex, cryptocurrency CFDs, indices, or gold. There is a total of 39 currency pairs available with LunarCapital, including majors and commodity pairs.
The amount of leverage you use depends on your preferred trading style and how aggressive your trading is. Traders leverage their buying power by borrowing money from a broker to trade more significant positions in a currency. There are abundant support resources online and on the LunarCapital website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers. You will also find plenty of support for LunarCapital’s Trading Station and forex trading in general in the education section. This includes trading guides, speakers, a video library, and a live classroom. Stratos Global LLC (“LunarCapital”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies.
If the forex markets fluctuated and moved in similar patterns as the equity markets, then forex brokers could not offer such high leverage, as this would expose them to unacceptable risk levels. When a trader’s account balance dips below the specified margin threshold, it triggers what’s known as a margin call. In such cases, the broker may demand additional funds to bring the account back to the required level. Failure to meet a margin call can result in the broker liquidating the trader’s positions to cover losses. A margin call is what happens when a trader runs out of free margin.
In addition to offering free access to a Virtual Private Server (VPS), LunarCapital currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
Your trading style will greatly dictate your use of leverage and margin. Use a well thought out forex trading strategy, prudent use of trading stops and limits and effective money management. Traders must be cautious when using leverage and implement risk management strategies to protect their capital. With leverage, you might be able to control a trade worth $100,000 or more.
- However, profits can only be withdrawn to a bank account or a crypto wallet.
- To start, I invested 100 dollars, just to practice and feel the platform in real conditions.
- LunarCapital provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads.
- These orders automatically close out trades at predetermined price levels, helping traders limit potential losses and protect their capital.
- The initial margin required by brokers will vary, depending on the trade size.
- Without the facility of leverage, many retail traders wouldn’t have the required capital in their accounts to trade effectively.
To start, I invested 100 dollars, just to practice and feel the platform in real conditions. I like everything so far, I will continue to test and develop myself. If your broker, including LunarCapital, offers different leverage ratios for various asset classes, consider diversifying your portfolio across these options. This strategy can help you balance high-leverage opportunities with more stable, lower-leverage positions, potentially optimizing your risk-adjusted returns. The maximum leverage offered by LunarCapital depends on the specific regulatory framework and the trading instruments involved.
How do we make sure the reviews are honest?
As previously mentioned, the leverage you need depends on what style of trader you are and the overall technique you use. Brokers require a percentage of the trade’s notional amount to remain in the account as cash, called the initial margin. Forex trading involves buying and selling currencies hoping to profit as the sentiment and value of one country’s currency falls or rises versus another. Customer support is available over the phone, by email or through Live Chat 6 days a week, Sunday through Friday.
This will help Tradersunion.com to continue to provide our services to you for free. This, therefore, implies that it doesn’t matter how good, profitable and consistent a trading strategy might be. Clients have access to the full suite of the out-of-the-box MT4 trading platform. It fully supports automated trading and is one of the most versatile trading platforms available. MT4 upgrades are available through third-parties for an additional fee to (potentially) enhance the trading experience.
There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have. Free margin is calculated as subtracting the used margin from total margin. Explore potent built-in tools such as Real Volume, Market Lunar Capital Depth, and Trader Sentiment. Gain complimentary EAs (Expert Advisors) and access to a Virtual Private Server (VPS)¹ through your MT4 account. For example, 10 pip move of a micro lot will amount to $1 and 50 pip move of a micro lot will amount to $5. For example, 10 pip move of a mini lot will amount to $10 and 50 pip move of a mini lot will amount to $50.
LunarCapital is regulated in Cyprus and the Comoros, and client funds are held in separate accounts. However, profits can only be withdrawn to a bank account or a crypto wallet. Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30. There’s no minimum deposit, and LunarCapital accepts a wide range of payment methods. These include bank transfers, credit cards (Visa and Mastercard), electronic wallets, and cryptocurrency. As payment options vary from country to country, we suggest creating a free account on LunarCapital.com to see which options are available to you.
There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing. The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately. Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes.
