Remember that forex and CFDs available at LunarCapital are leveraged products and can result in the loss of your entire capital.Please ensure you fully understand the risks involved. The first step to starting with LunarCapitalFX Copy Trading is to create an account on their platform. You’ll need to provide some personal details and complete a verification process.

You can filter these traders based on various factors such as profit percentage, risk levels, trading style, and other parameters. But for the last few months, I have been facing issues with withdrawal. Tried calling customer support many times but didn’t get any satisfactory answer.

LunarCapitalFX forex broker (Company Information + Regulation)

Choosing a good strategy provider to copy can be difficult because https://lunarcapital.live/ there are so many of them on one platform. In this case, the first thing that you need to do is to visit the trader’s profile description. This is where you’ll find all the data you need to identify your next future Master Trader. TradingFinder.com assumes no responsibility for any potential losses or damages.

You can make a deposit or transfer money from your LunarCapital trading account. During the June 13 raids, the federal agency seized various incriminating documents and digital devices that showed how the platform duped investors. LunarCapitalFX provides a free demo account that simulates real-market conditions, perfect for beginners and strategy testing without financial risk. While copy trading is a valuable feature of Lunar Capital forex broker LunarCapital, its overall credibility is what traders should prioritise before investing.

MetaTrader 5

And they give you this free Autochartist report if you’re on a silver account like mine. So, like, I’ve tried out loads of brokers, and let me tell you, LunarCapitalFX is like, legit the bomb, you know? I’ve been trading with them for almost two years now, and they’ve been, like, the real deal. Apart from the number of followers, it’s also important to check the trader’s order history.

However, as with all investments, there are inherent risks, so it’s crucial to select traders wisely, understand your risk tolerance, and be prepared for the possibility of losses. LunarCapital copy trading offers a convenient and accessible way for traders to participate in the financial markets. By copying the trades of experienced professionals, investors can potentially generate profits and learn valuable trading skills. Its benefits, including transparency and intuitiveness, make it an appealing choice for beginners, busy professionals, and experienced traders alike. Once you sign up for an LunarCapitalFX account, the first step in the copy trading process is choosing a signal provider. LunarCapitalFX offers a range of experienced traders with a proven track record, allowing you to select someone whose trading strategy matches your risk tolerance and financial goals.

We review and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns that we come across. We are also a community of traders that support each other on our daily trading journey. LunarCapitalFX includes risk management features that allow users to set maximum drawdown limits, stop-loss orders, and take-profit levels for their copy trades.

Step 3: Select a Signal Provider

• We do our best to warn people about scams and promote only companies we personally consider to be very good.
• To get started with copy trading on LunarCapitalFX, you first need to create an account on their platform.
• For novice traders, copy trading can serve as an educational experience.
• LunarCapitalFX Copy Trading offers an innovative and straightforward way for individuals to participate in the financial markets without needing advanced trading knowledge or skills.

In the meantime, use your spare time to enrich yourself with trading knowledge. You can read trading articles, watch educational videos, or even apply to a training academy. Keep in mind that improving your trading skill is never a waste, even as a copy trader. At LunarCapitalFX, you can practice your trading skills by using the demo account. It is completely free and it gives you access to the trading platform. You can even try LunarCapitalFX’s different account types with the demo account.

Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. Even the best traders can experience periods of poor performance due to changing market conditions. A strategy that works well during one market cycle may not be as effective during another, which can lead to losses. You can adjust parameters such as the amount of money you want to allocate to copy trading, the number of traders you want to follow, and stop-loss or take-profit levels.

Are there any commissions or fees for trading with LunarCapitalFX?

Just recently we have redesigned our copy trading service to improve the convenience and transparency of the subscription process for our traders. You can now copy Master Traders’ orders in equal, double, or triple volume. LunarCapitalFX does not charge additional fees for using the copy trading service.

Our dedicated algorithm calculates this optimal amount from a Master Trader’s trading history. You can benefit from this new feature and choose Master Traders based on how much you want to invest. If your copy trading results in profits, you can withdraw your funds whenever you choose, depending on the withdrawal methods supported by LunarCapitalFX. Once you’ve chosen a trader, set your desired copy trading parameters, and let the platform do the work for you. Monitor your trades and profits regularly, and make adjustments if necessary.

Is a demo account available at LunarCapitalFX?

Under this system, there are two kinds of traders, Copiers and Master Traders. Master Traders are the investors who act as the strategy providers in this system. In contrast, Copiers are the traders who replicate the moves of Master Traders in the system. One of the primary drawbacks of copy trading is that traders are reliant on the decisions of others. If the chosen signal provider experiences losses, the copy trader will also bear those losses.

Select a master trader profile and review their performance details, including strategy description, risk score, total profit, and commission percentage (ranging between 0 to 50%). Raids revealed that the forex trading app routed investor funds through mule accounts into escrow accounts of unauthorised payment aggregator Dinero Payment Services. Additionally, shell companies posing as e-commerce platforms were taken aboard using fake KYCs to access payment gateways and avoid detection. Investor funds were disguised as online purchases, layered through multiple accounts, and ultimately disbursed as fake forex or betting payouts to conceal their origin. Some traders may become overly reliant on copy trading, assuming that all providers will continue to generate profits.

Choosing the right traders to copy is the key to successful copy trading. When a trader suddenly changes behavior and underperforms, you know that it’s time to cut your losses and move on. Make sure that your portfolio is balanced and able to give you consistent passive income. If you’re new, it’s not recommended to copy someone with a high level of risk as you might lose money quickly.

• Once you’ve set up everything, the system will automatically replicate the trader’s moves.
• There is no need for manual intervention, as the system ensures that the trade sizes, stop losses, and take profits are mirrored.
• In this article, we will explore everything there is to know about LunarCapitalFX’s Copy Trading, how it works, the benefits and risks, and how you can get started.
• All a user needs to do is select a trader to copy and set their desired parameters, such as the amount to invest and risk tolerance.

Distressed with the services, I searched for another Forex broker and found TradeEU. The broker was regulated, I quickly created an account and started trading. After using the platform for over 1 month, here’s my review – The platform is perfect, leverage is good, spreads are lowest and most importantly, the withdrawals are quick. It took only a few hours for withdrawals to credit to my bank account. It enables investors to replicate trades from professional master traders automatically through the „Copy Trading“ section.

No advanced trading skills are required, and users can start copying trades in under 10 minutes. Copy trading offers a hands-free approach for individuals who want to invest in financial markets but cannot dedicate time to market analysis. Those looking for a more passive investment approach can use copy trading to potentially generate returns without actively managing their investments.