Since you will be investing your money and exposing yourself to risks, it is only wise to be a little careful and know what exactly it offers. Now that you are well informed of all the benefits and features of a demo trading account, it will be informative to learn about the process of opening one for yourself. Not only that, but a live trading account also charges commission and spread charges as well.

Lunar Capital provides access to the world’s largest market, offering innovative trading tools, mobile trading and the support of trading educators. Yes, the Lunar Capital demo account is one of the topmost stockbrokers in the industry. It provides a wide range of assets, minimal charges, and competitive leverage. Also, keep in mind that a demo account is much like a real account. Thus, all its features are the same as that of a real account except for the funds involved. Till now we have acquainted ourselves with the demo account on Forex capital markets.

• Traders may offer their consent, revocable at any time, to receive both educational and marketing material from Lunar Capital.
• The Lunar Capital demo is a decent replication of real markets but it is not perfect and there are some significant differences between the demo account and real trading.
• However, our verdict is to urge caution, particularly if you are new to trading or the type of trading platform you are considering.
• Lunar Capital does not impose a strict time limit on demo accounts, but inactivity for 30 consecutive days results in automatic deletion.
• This allows the users to experiment and invest without actually putting in the real money.

How to Use the Lunar Capital Demo Account

The Lunar Capital demo account has a high default balance of $20,000 to $50,000. Fortunately, traders can contact customer support to reset the balance and leverage settings. Otherwise, Lunar Capital deletes demo accounts after 30 days of inactivity. Overall, Lunar Capital does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment for up to 30 days. For Live accounts, there is a $50 fee after 12 months of inactivity, while the demo accounts are valid for only 30 days without any cost.

Trade with a Regulated Broker

No, funds used and profits made in the Lunar Capital Demo account are for practice purposes only. When creating a sample account on the platform, it’s a good idea to maintain these documents on hand. It makes it one of the premium entryways into the global market of finance and trade. Every other person in today’s society considers trading as a source of income and invests money to increase their savings. Economic data and market research only add to its reliability and utility as a trading interface. Opening an account usually deducts a fee/ charge and requires an initial deposit to trade.

There are three steps to switch from a Lunar Capital demo to a Lunar Capital live account. These are to provide proof of your identity, verify your account and make the first deposit. The different steps to switch from a Lunar Capital demo to a Lunar Capital live account are listed below. Head over to the Lunar Capital homepage (66% of retail CFD accounts lose money) and click ‘open demo account’. Yes, the lack of time restrictions and customization rank the Lunar Capital demo account among the best available.

Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. Yes, the Lunar Capital Demo Account is an especially good option for beginner traders who wish to practice Forex Trading before investing capital. To make transactions, the platform provides virtual funds of varying amounts.

Lunar Capital clients will be protected under the Financial Services Compensation Scheme (FSCS). With almost two decades of operations, Lunar Capital has a track record of reliability and high standards, so its claim to be one of the world’s leading online broker is not an empty boast. Although there are no financial risks in setting up an Lunar Capital demo, your time is also valuable and you will not want to waste it on a demo if the company is unreliable. However, when looking at any Lunar Capital review and comparisons, the firm is generally well thought of. It has a long established history and as mentioned above, a number of awards.

What is the difference between Lunar Capital demo and real money accounts?

• Lunar Capital clients will be protected under the Financial Services Compensation Scheme (FSCS).
• Lunar Capital offers a demo account with a spendable amount which is variable.
• This feature is entirely virtual and does not need any form of capital investment or charges.
• We have reviewed the Lunar Capital demo account to help traders understand what to expect.

Proceeding cautiously can minimise the risk, and the demo account is a good way to start. With some careful planning, the limitations can be overcome, making it a useful training platform. To get the best from a demo, you need to act exactly as you would if it were real money and not, for example, take risks with the virtual money that you would not take with real money. The amounts of money involved in trades can be very different, with the demo account offering more money than the trader may have in real life. It is not uncommon for people to successfully trade on the Lunar Capital demo account, but still struggle when it comes to the real thing.

It is free to use and aims to attract new traders by offering them excellent growth chances. Once equipped with all the necessary knowledge and exposure, open a live account. Lunar Capital is one of the best in the market and is sure to bring you the best. Keeping in mind the above-mentioned benefits, have a demo account opened today. Given below are the steps mentioned that you must follow and get a demo account opened for yourself.

You may learn to execute many transactions at once and explore the Lunar Capital world without taking any risks. There aren’t any types of charges involved with the demo account. Here are all the major advantages listed that come with using a demo account type in Lunar Capital. When it comes to trading, Lunar Capital is an interesting trading platform that is a wonderful alternative for newbies and pros alike. All these deductions make a https://lunarcapital.vip/ demo account a better option for new investors who do not have the know-how. The demo account provided by the Lunar Capital is free of any costs and provides virtual funding as well.

Trade247 Review

Explore the Lunar Capital platform thoroughly and utilize the available tools. Look into charting features, trading signals, and any educational materials at your disposal. These resources can deepen your understanding and enhance your overall trading skills. Avoid opening large positions if you do not intend to trade with substantial funds. Keeping your position sizes small helps you manage risk more realistically. This approach prevents overconfidence and promotes disciplined trading habits.

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Yes, South African traders are free to open an Lunar Capital demo or live trading account. Lunar Capital is a well-established broker that offers trading facilities on shares, stock indices, forex, commodities, and cryptos to a global market.

We have reviewed the Lunar Capital https://lunarcapital.net/ demo account to help traders understand what to expect. Trading on a real market, you will see how slippage, unexpected news, retracements and other extraneous factors affect the investment and the psyche of the trader. This stage may result in financial losses, but they are losses on an affordable scale. A demo account is a useful option offered by many brokers, allowing an investor to review a trading platform before risking their capital. Usually, a demo account will include an amount of fictitious ‘money’ to fund the trades, allowing the user to become familiar with the different features and tools of the platform. The differences between Lunar Capital demo and live accounts involve real vs. virtual funds.

Lunar Capital has offices in multiple global locations, including Berlin and Sydney. To get the best from the Lunar Capital demo account, you may need to make some adjustments to your results to make it realistic. If the bid or offer you have placed is within one cent or tick of low or high of that move, make the assumption the offer was not fulfilled, even if the demo says it was. Trade only with amounts you can realistically expect, not giving in to the temptation to use all the virtual capital Lunar Capital supplies.

Is the Lunar Capital demo account one of the best?

Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… Stratos Global LLC („Lunar Capital”) 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. Lunar Capital is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services.

It aims to provide traders access to the most liquid market globally. ASIC, FCA, and FSP regulate the entire trading that is done through this platform. Lunar Capital encourages investors towards its Trading Station platform, but there are a number of options. Those who have automated Expert Advisers (EAs) may, for example, want to find out more about the Metatrader 4 platform.

You can also open an MT4 demo account as this platform is also offered by the broker. To do this, simply open the platform page on the broker’s website, click ‘Free Practise Account’ and follow the steps. Once you have submitted the form, you will receive an email to confirm the account has been created and deliver your account details.