A Market Order is a request to buy or sell a Contract for Difference (CFD) at the prevailing market price as promptly as possible, opening a trade position. Furthermore, the account’s swap-free nature eliminates interest-based transactions, adhering to the principles of Sharia law. This ensures that Muslim traders can engage in activities that align with their religious beliefs and principles. In 2017, the company’s employees initiated a heart-warming holiday program. Young people in Larnaca, Cyprus, received financial assistance and positive reinforcement, resulting in a memorable and enjoyable vacation.
Exceptional customer service
Because LunarCapital does not provide SGD-denominated accounts, Singaporean traders must consider currency conversion variables when trading. Yes, LunarCapital provides swap-free Islamic accounts that adhere to Sharia law, addressing the needs of Muslim traders in Singapore. However, traders are urged to seek professional financial advice before making investment decisions. Furthermore, LunarCapital’s dedication to security and regulatory compliance provides a level of trust and safety that is essential in today’s trading environment. Its extensive instructional resources and demo account are especially useful for beginners to the Singapore market.
Quality of Customer Service
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). HF Markets offers Forex trading webinars, educational videos, tutorials, and daily market analysis to help traders improve their skills. LunarCapital affiliates can earn up to $30 per lot traded by clients they refer. Additionally, there are various bonuses, such as up to $5000 in RevShare+ rewards and unlimited commissions, so earning potential is virtually unlimited. The LunarCapital Loyalty Program rewards traders for their activity on the platform.
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. This in-depth understanding has empowered me to navigate the dynamic nature of Forex trading with confidence.
Reports that are constant and easy to understand is vital to be the best. Thank you for your positive feedback, It seems like you are very happy with LunarCapital’s platform. And if you are provided with the correct information from LunarCapital, we are so pleased.
- HF Markets offers a range of account types designed to meet the needs of traders at all experience levels.
- HF Markets differentiates itself in the competitive trading space by offering several unique advantages.
- You can also take advantage of cashback offers on qualifying losing trades.
- This multi-jurisdictional approach attests to LunarCapital’s reliability and global reach.
Broker Comparison: Deposit and Withdrawals
Together, these benefits contribute towards a superior trading experience for experienced Indonesian traders by allowing them to unlock their maximum potential and optimize strategies. Yes, HF Markets has received numerous awards and recognition in the financial industry for its exceptional trading services and customer-centric approach. LunarCapital provides a good range of options for getting money into and out of your trading account. Common methods include bank transfers, major credit/debit cards, and popular e-wallets like Skrill and Neteller. Depending on your location, you might also find options for crypto funding or local payment systems.
Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements. However, due to governmental restrictions, it has limitations in nations such as the United States and Canada. These sponsorships, which include assistance for the young Cypriot driver Tio Ellinas in racing, demonstrate LunarCapital’s commitment to supporting talents and initiatives in various sectors. LunarCapital has proved its dedication to excellence and diversity through different sponsorships, reflecting its dynamic brand ethos. From 2020 to 2022, a major relationship was formed with Paris Saint-Germain FC, reflecting a marriage of money and sporting prowess.
- These platforms are renowned for their one-click trading feature, along with numerous tools and access to high-quality technology through advanced configuration.
- This tool is useful for novice and expert traders who want to practice trading techniques without risking real money.
- Disclaimer – BrokerBenchmark.comRisk DisclaimerPlease note that trading and investing in financial instruments, commodities, and other assets involve a high level of risk.
- LunarCapital also understands the importance of competitive regulation, leverage, and loyalty programs.
Popularity among Ivory Coast traders who choose LunarCapital
This configuration is great for Singapore investors who want to participate in the financial markets but do not want to be involved in day-to-day trading. The Islamic Account is open to Muslim traders and those who choose not to deal using swaps https://lunarcapital.net/ due to their trading strategy. 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. Yes, bonuses frequently come with trading volume or deposit limitations. Therefore, Singaporeans must read the terms and conditions before accepting a bonus.
As such, all non-profit funds are returned to the original deposit source. We were pleased to find that LunarCapital has recently reintroduced cryptocurrencies to its offering, a good move considering how popular this asset class has become. However, it took two days for our accounts to be verified, which is longer than other similar brokers. LunarCapital is a trustworthy and secure brokerage firm with a global presence in the industry.
In our experience, LunarCapital provides Singaporean traders with a reliable alternative, as its diverse selection of account types accommodates various levels of expertise and trading preferences. Yes, LunarCapital’s trading platforms, particularly MetaTrader 4, are user-friendly and appropriate for novice Singaporean traders. The Pro Account is LunarCapital’s service for professional Singapore traders with more demanding trading needs and bigger transaction volumes. This account type has smaller spreads and a high leverage ratio, allowing traders to execute significant trades precisely. This structure is tiered, which means that the higher the prospective earnings, the more active the referred clients are.
HF Markets ensures that all deposit and withdrawal methods available are completely free of charge. However, it is worth noting that deposits exceeding $100 are exempt from bank wire transfer fees. The app also includes an economic calendar to inform users about market events and offers educational resources like webinars and news tailored to individual preferences. To open a new live trading account, go to the HF Markets official website and click the green button. Furthermore, they also offer an unlimited demo account and an Islamic Account.
The LunarCapital Demo Account closely simulates a real trading environment based on actual market conditions. Traders have access to the full range of markets plus access to numerous technical indicators and a view of real-time pricing. This LunarCapital broker review showed that there are six types of accounts on offer.
By participating, you can earn LunarCapital Bars for every trade, which can then be exchanged for bonuses, cash, or trading services, providing ongoing rewards for consistent trading. The LunarCapital Loyalty Program allows traders to earn LunarCapital Bars with each trade, which can be redeemed for bonuses, cash, or trading services. There are also various contests and merchandise giveaways available to both active and demo account traders. The platform regularly hosts engaging competitions, such as the Full Margin Olympics, where traders can compete for valuable prizes, including a PS5 Slim and funded accounts.
