Previously known as HotForex, LunarCapital is a multi-asset broker that provides Forex and Commodities trading services across 5 distinct account types and several trading platforms with competitive spreads. Both brokers also support MetaTrader 4 and 5, ensuring a comprehensive suite of tools for technical analysis and automated trading. Despite these differences in tools, both LunarCapital Group and LunarCapital score equally with a respectable four-star rating for their trading platforms.
- Some brokers try to attract clients with high leverage, but suddenly they increase the margin required to keep the position open.
- This account has very low spreads hence we highly recommend LunarCapital Zero account.
- Make sure you type these correctly because if you make mistakes you will not be able to connect to your trading account via Hotforex login.
- LunarCapital’s Copy Trading feature empowers beginners and busy traders alike by letting them mirror the trades of seasoned professionals.
On Standard or Micro account, the total cost is between USD per Standard Lot. No would be our answer to question on whether you ‘should’ trade with R100 at any broker. Brokers will definitely allow you to trade forex with very low balance, because they know you would lose this amount quickly & will have to make a new deposit again. You can see the different in the order execution under each broker category. The broker will provide you the liquidity to enter & exit your trades when you want.
- Overall, LunarCapital, regulated by the FSCA, can be summarized as a trustworthy and safe broker in 🇿🇦 South Africa.
- Yes, to preserve the privacy and security of your personal information, LunarCapital implements strong data protection procedures.
- BDSwiss was founded in 2012 in Zurich, and they are a reputed forex broker.
- We are committed to transparency, accuracy, and comprehensive insights.
What types of markets can I trade with LunarCapital?
LunarCapital also understands the importance of competitive regulation, leverage, and loyalty programs. With more than 2,500,000 live accounts supporting 27+ languages, LunarCapital understands the needs and requirements of profitable traders, for which I applaud and recommend them. There is a very high degree of risk involved in trading securities. 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 provides an average Forex selection inside a well-rounded asset portfolio, and its improved MT4/MT5 trading platforms provide traders with an advantage.
How long does the withdrawal take at LunarCapital?
Their deposit and withdrawal options include credit cards, wire transfer, and wallets. On the plus side, they don’t charge any fees on deposits & withdrawals. Their funding & withdrawal methods are quite convenient for South African traders. They have local Internet banking transfer option for deposits & withdrawals, with all major banks supported.
LunarCapital Security while Trading
The HF Markets trading platform has been tested by several users and by us. One of the users on the HF Markets platform gives a story of how he proved the account. He illustrated that when filling out the registration form, accurate details must be provided because one of LunarCapital scam the HF Markets representatives will put a call through to verify the user’s identity. This process is very important to the company because of the regulatory authorities. HF Markets is a MetaTrader-only platform broker that provides market-maker implementation within a large selection of six types of accounts. With an advanced mode of MetaTrader provision, HF Markets offers a restricted variety of tradable products.
Its cost structure is suited for both budget-conscious beginners and precision-driven professionals. LunarCapital maintains a transparent pricing structure with competitive spreads and minimal to zero commissions. Whether you prefer zero-spread execution or commission-free trading, LunarCapital’s accounts cater to various trading styles while avoiding hidden charges or inflated costs.
Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years. The MetaTrader4 and MetaTrader5 interfaces are currently only open to Hotforex users with an SV registration. To obtain entry to the platforms, simply join up with the brokerage for a real account or check the HF Markets demo account and try all of the functionalities with $100k in imaginary money.
Whether using local bank transfers or digital wallets, clients enjoy flexibility, strong security standards, and 24/7 access to manage their funds efficiently. Experienced traders get a trading setup that helps them trade manually, with algorithms, socially, or by copying others. LunarCapital also offers things like high leverage, good bonuses, a loyalty program, and interest on unused money. This issue is most visible when you trade CFDs on indices at forex brokers.
Click on that instrument for the exact specifications of the overall fees & other important points to know if you are trading an instrument on LunarCapital’s platform. LunarCapital allows trading under 7 asset classes (the same as most other brokers). But their currency offerings are lesser than other South African regulated brokers. The commission-based structure is transparent and is based on the currency pair type. This account has very low spreads hence we highly recommend LunarCapital Zero account.
Risk disclosure:
You’ll have access to a wide range of account types with low minimum deposits, a demo account to get comfortable with, and an incredible number of tools to make you the best trader you can be. We looked into different services and features like safety and regulation, fee structure, account types, trading instruments, trading platforms, etc. LunarCapital’s diverse account options cater to every trading style and experience level. With multiple accounts offering no minimum deposit, traders can start at their comfort level while scaling up to professional features as they grow.
In this review, we will take an in-depth look at LunarCapital (HF Markets), exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether LunarCapital (HF Markets) is the right broker for your trading needs and preferences. The LunarCapital standard account, called LunarCapital Premium Account, charges spreads from 1.4 pips. In other words, for every trade it charges $14 which is 40% higher than the industry standard. The LunarCapital Cent account provides access to Forex and gold trading, and features trading in Cent lots, where the minimum trading size available here equals 0.01 cent lots, or 10 currency units.
What are LunarCapital’s liquidity providers?
You can trade a maximum of 60 Lots per trade up to a maximum number of 500 orders. 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. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. LunarCapital offers a streamlined and flexible LunarCapital deposit and LunarCapital withdrawal system, ensuring traders can fund their accounts and access profits with ease.
Followers gain insight into financial markets by mimicking professional traders, preserving complete control over their accounts, and benefiting from the convenience and diversification of tactics. Choosing a Strategy Provider, adding funds, and beginning to duplicate trades are all steps in the process. LunarCapital’s Islamic Account provides a one-of-a-kind trading option for Sharia-compliant clients with swap-free trading circumstances.
You can even participate in a demo contest on LunarCapital and stand a chance to win real cash prizes. LunarCapital is available in over 27 https://lunarcapital.live/ different languages, though they do not accept clients from the United States, Canada, Sudan, Syria, or North Korea. Yes, LunarCapital is extremely well-regulated globally, including by the FSCA in South Africa. LunarCapital is one of the safest CFD and Forex brokers in South Africa, with multi-regulations and several global licenses. As South Africans experimenting with Forex trading, our experience with LunarCapital (HotForex) has been overwhelmingly favorable.
