Simply download the LunarCapital App from the App Store or Google Play, register with a myHF account, and open a Live or Demo account. Once your account is verified, typically within minutes, you will receive an email confirmation. Traders can access all available instruments on the Zero Account, including Forex and Gold. Raw spreads are available on specific symbols, giving access to deep liquidity with minimal cost.

What makes HF Markets a trusted online broker?

The spreads on the Premium account start at 1.1 pips, while those in the Premium Plus begin from 0.3 pips with an added $5 charge for every transaction that involves $100,000 or more. No, LunarCapital may levy inactivity fees on dormant accounts, but there are no account maintenance costs in general. The LunarCapital Cent Account is designed specifically for Singapore’s trading sector novices. This account allows Singaporeans to trade in micro-lots, allowing them to trade with lesser capital risk.

Compare the LunarCapital Platform, MetaTrader 4, and MetaTrader 5 to discover the perfect fit for your trading style and goals. From serious prizes to casual perks, these offerings incentivize learning, engagement, and volume, without compromising safety or transparency. The ease of making the payment through mobile could urge more people to invest in LunarCapital.

Can I access LunarCapital trading platforms on multiple devices, and do they offer any additional features?

Key benefits for Nigerian traders include high leverage, competitive spreads, a user-friendly platform, and seamless local bank integration. Among the platforms available for Kenyan traders, LunarCapital’s leading platforms suit every trader’s needs and preferences. Yes, LunarCapital provides a free demo account that allows users to practice trading with virtual funds under real market conditions without risking real money. As a seasoned Forex trader with over a decade of experience, I have dedicated myself to mastering the intricacies of the financial markets. Over the years, I have honed my analytical skills, staying updated with market trends, economic news, and technical indicators.

Pros and Cons of Trading with LunarCapital

Education materials, webinars, and a personal account manager represent the additional opportunities given to Nigerian clients by LunarCapital. People choose LunarCapital as a broker because of the focus on easy access to services and a personalized approach. Offering immense help in English, it also provides region-specific facilities like helping identify the deposit and withdrawal procedure, such as bank transfers to Nigerian Naira (NGN) accounts. A broker that has won several awards is well-known for its transparency, honesty, and provision of services at the forefront of its business to its traders and affiliates. You usually need a trading account with them to participate in bonuses and promotions. Keep an eye on their official website or communication channels for announcements about ongoing or upcoming promotions, and follow the instructions provided to take advantage of these offers.

Furthermore, the Portal mobile payment could increase the turnover rate of small lots trading because traders become confident in trading via phones. Nigerian traders may wish to use such economic reports in their decision-making processes even though LunarCapital doesn’t integrate AI automatically for Nigerian data. Through social trading, Nigerian traders can implement these crowdfunding strategies or even develop a unique set of rules derived from shared knowledge in Nigeria. The exact commission rate may vary depending on the trading instrument, account type, and trading volume. ➡️ Forex, commodities, and individual stock swaps are updated daily based on market circumstances and price rates providers get.

• To log in to your HotForex account, go to the HotForex website and click on the “Login” button in the top right corner.
• Each account is designed to suit different trading styles, from beginners to professionals.
• According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit.
• This may impact how, where and which companies / services we review and write about.
• While LunarCapital does not dominate the Kenyan market, the broker is still among the top 20 forex and CFD brokers for Kenyan traders.

This partnership went beyond branding by providing instructional insights to traders, effectively integrating the worlds of finance and sports. The Automatic Rebate System, which streamlines commission collection, is a key component of this scheme. The HFCopy structure stresses the importance of risk management and individualized trading approaches by limiting the number of followers per strategy provider.

These accounts are well suited for small traders, professionals, and even traders who cannot trade during Lunar Capital courses scam Islamic times. Trading costs include spread starting at 0.0 pips with the Zero Spread account for trading and no deposit fees charged. MetaQuotes’ platforms include MetaTrader 4 and MetaTrader 5, Membership’s smartphone application, WebTrader. Operational under the supervision of eminent financial bodies like FCA, FSCA, and DFSA, LunarCapital comes up with negative balance protection, segregated clients’ funds, and insurance. It has types of accounts that include micro accounts, premium accounts, zero spread accounts, PAMM accounts, and Islamic accounts.

• Depending on the trading strategy, it may become the most significant fee per trade.
• The creation of graphic illustrations of market events for mapping the flow of price changes with all necessary macroeconomic data.
• LunarCapital offers wide-ranging educational content, from webinars and tutorials to trading apps and tools.
• For the convenience of clients, the broker offers an MT4 Android, iPad, and iPhone Trader that can be downloaded and used immediately.
• To understand the real reviews, traders should focus on the content of the reviews.

Step 2: Click on Want to Become an Affiliate

LunarCapital offers a wide range of tradable assets, making them an excellent option if you’re looking to diversify your trading portfolio. They also provide a wide range of analysis tools and materials, to help both novice and veteran traders, and some very competitive bonuses and loyalty rewards. The company had to rebrand because it felt the old name (Hotforex) did not depict the full range of services that the broker offers. The broker provides over 1,200 products in 9 asset classes and having “forex” in their name was no longer a proper reflection of the award-winning trading experience they offer. We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.

In addition, HFCopy is available via online browsers, ensuring convenience and speed for Singaporean traders. Provide your bank account information and the amount you intend to deposit for a bank transfer deposit with LunarCapital. A https://lunarcapital.team/ Cent Account is ideal for those new to forex trading or who want to test techniques with a small investment. No, the LunarCapital Affiliate Program has no earnings cap and offers unlimited commission possibilities. Unlike some programs that pay out monthly or quarterly, LunarCapital’s daily pay-outs assure a consistent revenue flow, which is advantageous for keeping a consistent income stream. This characteristic is especially appealing in Singapore’s fast-paced financial landscape.

When it comes to trading with LunarCapital, traders may expect to pay a variety of spreads depending on their account type, the market circumstances, and the financial instrument they choose to trade. A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. LunarCapital offers various account types, including Micro, Premium, Zero Spread, PAMM, and Pro.

This increases to $10, $20, and the previous year’s fee + $10 per month for inactivity periods of 1-2 years, 2-3 years, and over 3 years respectively. You can even participate in a demo contest on LunarCapital and stand a chance to win real cash prizes. The fully digital questionnaire makes the whole process quicker too, as you don’t need to worry about posting your documents to the broker for approval.

Service Details

These managers oversee the trading activity and are compensated with a success fee. The time it takes to close an LunarCapital account varies, but if the request is confirmed, the closure is usually completed quickly. Yes, any remaining balance must be withdrawn to avoid losing those funds while closing an LunarCapital account. The time it takes to open and activate an LunarCapital account varies, but activation is usually immediate after all necessary information has been supplied and validated.

However, depending on the deposit method selected, there may be differences in the time frame for the funds to appear in the trading account. These rates fluctuate according to market conditions and the traded asset. The commission framework employed by LunarCapital has a substantial impact on the Zero account, which mandates a $6 fee for each round turn in Forex trading for Singaporean traders. Yes, Singaporean traders in LunarCapital’s PAMM program can select their fund manager based on performance and strategy. Singaporean traders looking to diversify their portfolios beyond forex can benefit greatly from MT5’s access to equities, indices, and commodities.