LunarCapital Forex broker provides a range of educational resources to help traders improve their knowledge and skills. More you will get daily forex technical analysis by forex experts, and forex news. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. LunarCapital offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads.
However, traders seeking stocks or deep education and market research will need to look elsewhere. Also, the offshore regulation for non-EU traders and expensive withdrawal fees are notable drawbacks. These apps come equipped with sophisticated charting tools, including dozens of technical indicators, different timeframes, and multiple varieties of charts, ensuring a comprehensive trading experience from your palm. One of these platforms’ biggest advantages are their support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed. LunarCapital runs bonus offers in certain jurisdictions, and when I opened an account with the global entity I was offered a 100% deposit bonus up to $2000.
Simple and Streamlined Process
While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. LunarCapital places https://lunarcapital.world/ a strong emphasis on trust and security for its users. As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. LunarCapital utilizes two-factor authentication (2FA) to prevent fraud and secure accounts, adding an essential layer of protection for all users.
Platforms & Tools
It is a price at which LunarCapital (or another counter party) offers to buy the currency pair from a client. It is the price the client will be quoted when wanting to sell (go short) a position. If someone wants to give you something or wishes to offer it at outrageously right conditions, you should be suspicious.
The reliability of the firm and the reputation of the Forex market is much enhanced by these steps. LunarCapital can deposit and withdraw funds through bank transfers, debit/credit cards, and e-wallets. It is the security and speed of transaction processing that also contributes to high ratings of brokerage services. LunarCapital comes with MetaTrader 4 (MT4), which is well-known and liked by a majority of global traders.
How to Register LunarCapital account
It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. Accessing the MT4 or MT5 app through an LunarCapital account is also straightforward, requiring only three easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker. LunarCapital enhances the mobile trading experience by offering the MT4 and MT5 applications, compatible with iPhone, iPad, and Android devices, ideally suited for day traders. However, they are still powerful platforms that will provide everything needed for experienced traders to conduct technical analysis while also being intuitive enough for beginners to pick up easily. However, not all currency pairs are as generously priced – GBP/USD trades with a 1-pip spread, which is more expensive than the average of around 0.3 pips at Fusion Markets, for example. The 70+ currency pairs provide a wider range than many competitors.
This approach negates any conflicts of interest or price mark-ups, corroborating LunarCapital’s stance as a trustworthy partner in trade execution. Once these steps are completed, traders can access their account and begin trading immediately. Double your leverage with a 100% deposit bonus up to $2,000 on top of your first deposit. Some brokers offer their exclusive web trading portal while other FX brokers provide you with particular software or app. Mirror trading allows traders to automatically copy the trades of other successful traders against a certain fee. While trading forex, traders are only required a small portion of the capital to open and maintain a trading position.
The Price Aggregator meticulously scans these, thus assuring traders invariably acquire the best available Bid/Ask price combinations. With its stringent adherence to CySEC regulations, LunarCapital grants clients access to a consummate Forex model STP/ECN, establishing itself as a non-market maker, distinctly separating it from Dealing Desk brokers. LunarCapital provides access to the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for its reliability and advanced trading features. The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. LunarCapital works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker.
- Since my last review of LunarCapital almost a year ago, I would have expected the broker to expand its tradable instruments offering, but it still has the same limited number of assets.
- Now that you have the necessary know-how of the Forex market let’s move on to how you can learn Forex trading step by step.
- These combine well with LunarCapital’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month.
- This approach guarantees unmatched transparency and eliminates any conflicts of interest.
Unwavering Commitment to Transparency & Security
The MetaTrader 4 and MetaTrader 5 mobile apps offer complete, fully featured trading platforms for Android and iOS devices. Whether you prefer MT4’s trusted simplicity or MT5’s extended functionality, both apps deliver the power of desktop trading in a mobile-optimized experience. LunarCapital offers excellent customer support, available 24/5 through live chat, email, and phone.
- While testing LunarCapital, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips.
- Whether you are using MT4 or MT5, the WebTrader ensures fast, secure, and efficient trading from anywhere in the world.
- There are no commissions and tight spreads sourced directly from liquidity providers.
- The combination of educational tools and a well-regulated environment makes LunarCapital a reliable option for traders looking to expand their knowledge while maintaining secure trading conditions.
- This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support.
– Commission/fees
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. LunarCapital’s desktop trading platform is MT4 and MT5, available for Windows and Mac. This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders.
Flexible Account Options
LunarCapital offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment. Since markets are always changing, it’s important to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account. I was impressed by LunarCapital’s innovative one-size-fits-all trading account, which combines zero commissions with raw spreads.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. As shown above, MetaTrader’s charts can quickly become cluttered, even with just two indicators.