The platform is available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects, and charting tools. As for the consistency the Broker performs quite good operation along all the years and we didnt find serious breach of rules or fines imposed. In addition, real traders comments (which you may check underneath our review too) are mostly positive and there are many satisfied and happy traders at LunarCapital which is another plus to its clarity.

Clients may also use their Facebook or Google accounts to open an account. Since LunarCapital is a regulated and fully compliant https://lunarcapital.live/ broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step.

Key Advantages of Navigating FX via LunarCapital’s ECN – STP Model

Clients have access to the full suite of the out-of-the-box MT4 trading platform. It fully supports automated trading and is one of the most versatile trading platforms available. MT4 upgrades are available through third-parties for an additional fee to (potentially) enhance the trading experience.

It is unique as traders get a commission-free cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge. One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment. LunarCapital also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports.

Dynamic Price Aggregation

• Immerse yourself in the realm of unadulterated straight through processing and elevate your trading journey.
• Believing firmly in the significance of having a multitude of liquidity providers in the ever-evolving forex market, we’ve cultivated robust relationships with globally acknowledged financial institutions.
• Licensed under CySEC, MiFID, and MISA, LunarCapital provides competitive spreads starting from 0 with no trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options.
• The straight-through processing in an ECN environment augments your trading opportunities and escalates your success trajectory.

Note that many brokers apply triple swap charges on Wednesday or Friday to account for the weekend. Faster order execution can reduce slippage, helping to ensure that trades are completed at the expected prices. LunarCapital offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs. LunarCapital does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with. With the tips discussed above, you are well prepared to have your first forex experience and can finally start learning forex trading. Mirror trading allows traders to automatically copy the trades of other successful traders against a certain fee.

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. 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… Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with LunarCapital. Practice your forex trading skills or test new strategies with zero investment.

Trusted and Secure Broker

Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and LunarCapital is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. LunarCapital offers demo accounts, apparently without any time limit, making them ideal for testing algorithmic trading solutions and new strategies. I want to caution beginner traders against using a demo account as an educational tool. It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value.

LunarCapital’s commitment to providing an ECN – STP model enables our clients to experience an unparalleled level of transparency and efficiency in forex trading. The synergy of innovative trading tools, comprehensive market insights, and a seamless trading environment makes LunarCapital a preferred choice for traders seeking integrity and excellence in the world of forex trading. Our unwavering focus on customer support and educational empowerment underscores our resolve to foster a conducive and informed trading ecosystem for our clients. LunarCapital stands out as a solid broker choice for traders looking for a low-cost, regulated platform. Its competitive spreads, no trading commissions, and lack of a minimum deposit make it accessible to both beginner and professional traders. With a focus on forex and CFDs, LunarCapital provides a range of tradable instruments, though the absence of stock trading may be a limitation for some.

One significant advantage is that LunarCapital offers a more in-depth introduction to MT4, which many brokers fail to do, and which can truly set traders up for longer-term success. LunarCapital maintains one of the cheapest Forex cost structures available, with commission-free quotes from 0.0 pips or $0.00 per 1.0 standard lot for the most liquid currency pairs like the EUR/USD and the USD/JPY. The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage.

Advanced Trading Technologies

They typically have higher spreads than ECN or RAW accounts but do not charge additional commissions per lot, ensuring a straightforward cost structure. LunarCapital offers mobile trading apps compatible with both iOS and Android devices. These apps allow traders to manage their accounts and execute trades on the go with full access to MT4 and MT5`s features.

For all other account types swap free is offered for those of Muslim Faith. Our regulatory compliance extends beyond our CySec regulation in Cyprus, manifesting in our possession of the MiFID passport for financial services firms within the broader realm of the European Union. This comprehensive regulatory alignment underscores our unwavering commitment to maintaining high standards of compliance, transparency, and ethical conduct. LunarCapital lacks standardized investment plans or portfolios but provides individualized assistance for investments over $10,000 for more significant individuals. LunarCapital serves currency traders well but falls short for individuals looking for longer-term development prospects or more general investing options.

• Instead, they are weaker currencies, but they can be combined with EUR, USD, or JPY.
• It is a price at which LunarCapital (or another counter party) offers to buy the currency pair from a client.
• It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry.
• DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
• Yes, LunarCapital gives traders access to major cryptocurrencies like Bitcoin, Litecoin, and Ethereum available on a CFD basis.

Overall, even if LunarCapital offers a fine selection of products for forex and CFD traders, yet the lack of advanced range may discourage those investors seeking a more all-around portfolio and larger portfolios. This restriction emphasizes knowing one’s trading tastes before deciding on LunarCapital as a broker. Following three months of account dormancy, the broker levies a $5 inactivity fee per month. Although this cost is meager compared to some other brokers, casual traders should keep this in mind. While other online payment systems like Neteller and Skrill have a set 2.7%, but LunarCapital forex broker bank wire transfers cost between $30 and $ 45. Also, always consider LunarCapital rollover or overnight fee as a cost, which is charged on the positions held longer than a day defined by each instrument separately.

There is no doubt that it takes a lot of practice to make money with forex trading. In addition to choosing the right currency pair, constant training is essential in becoming a successful forex trader. LunarCapital provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY. While each analysis is brief, it features all required information for traders to take a position.

Trading Instruments

The LunarCapital MetaTrader 4 (MT4) desktop platform offers quality trading experience characterized by its reliability and advanced features. The platform showed seamless trade execution across several asset classes, including FX, CFDs, and cryptocurrencies, during testing. The user-friendly interface let for speedy trade placements and effective market data navigation. Also, LunarCapital is a member of the Investor Compensation Fund, which secures the claims of covered clients against a company in case of its insolvency. Negative balance protection provided by LunarCapital guards traders from losing more than their account balance.

In essence, LunarCapital is more than a broker; it is a reliable partner in your trading journey, always ensuring that you have the right tools and environment to succeed. Utilizing the MetaTrader 4 and MetaTrader 5 platforms, LunarCapital provides flexible trading systems, extensive technical analyses, algorithmic and mobile trading for various devices. Traders have access to a range of Forex tools providing invaluable insights into Forex trading trends, including Forex calculators, live quotes, market hours, and more. Every client at LunarCapital is bestowed with identical trading conditions, ensuring immediate execution of all trades with zero delays or re-quotes.