LunarCapital Reviews Read Customer Service Reviews of LunarCapital com

LunarCapital is registered in Vanuatu with registration number and regulated by the VFSC and CySEC. LunarCapital is also registered in 26 European Union countries under the Markets in Financial Instruments Directive (MiFID). Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. LunarCapital places a strong emphasis on technological advancements to provide traders with efficient and speedy trade executions.

The spreads are reasonable, and customer support is decent, though not always as fast as I’d like. Overall, it’s been reliable for me, and I haven’t had any trouble getting things done. Definitely a good option if you’re looking for a straightforward platform. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.

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• Overall, the asset selection is both impressive and more than ample for new and intermediate traders.
• One of the attractions of ECN is that both buyers and sellers remain anonymous in the trade execution reports.
• LunarCapital is a new broker for me and being honest, I’ve never heard any negative rumors about them before and of course I decided to give it a shot.
• ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements.
• As a result, their clients’ win is their own win or else they wouldn’t be able to make any profits.

To see the full fee structure, check all the conditions including commissions, funding fees, and inactivity fees. You can compare the current spreads for the most traded instruments and see how LunarCapital spreads stack up against those of BlackBull Markets. Remember to consider LunarCapital’s rollover or overnight fee, which applies to positions held for more than a day and varies by instrument. However, trading with an ECN XL Account comes with no swap charges, making fee calculation easier and offering a great benefit. LunarCapital caters to a diverse range of traders by offering various account types, including Standard, XL ECN, and Advanced ECN accounts. Each account type comes with its unique features, allowing traders to choose the one that aligns with their trading preferences and strategies.

Overall LunarCapital is one of the best brokers…

Whether you are a beginner looking for a low-cost entry into the forex market or a professional trader seeking competitive conditions, LunarCapital’s ECN XL account provides a solid, flexible option. LunarCapital offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes. The broker provides access to CFDs (Contracts for Difference), which allow users to trade a wide range of markets without owning the underlying assets.

Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with LunarCapital simple for beginners. Dealing desk and market making brokers often provide fixed spreads, an indication that the spreads quoted are not from a true, efficient https://lunarcapital.vip/ and organic marketplace. For example, the spreads quoted could be adjusted to match the broker’s own exposure to markets, determined by the volume of trade the broker is experiencing at any given time.

Traders’ #1 ChoiceECN XL Account

The reliability of the firm and the reputation of the Forex LunarCapital market is much enhanced by these steps. LunarCapital is committed to providing its users with educational resources through webinars, trading guides, and market analysis. The company helps traders to improve their skills, through which it attracts customers. This is because, both beginners and experts, find the website useful.

Start with a Risk-Free Demo Trading Account

LunarCapital offers traders a competitive commission-free trading environment. The EUR/USD spread ranges between 0.0 pips and 0.3 pips, with occasional spikes during the market news and trading session breaks, which LunarCapital transparently displays on its website. LunarCapital deploys an ECN/STP execution model and does not manipulate quotes. Whether you are facing technical issues, account-related queries, or need help with your trading platform, LunarCapital’s support team is prepared to assist promptly.

A copy of the ID and one proof of residency documents usually satisfies this final step. The spreads are very tight starting from 0.4 I enjoy trading news sometimes and they allow it as well. The only downside that ive noticed is that support answers are taking way too long. LunarCapital offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs. Once these steps are completed, traders can access their account and begin trading immediately. LunarCapital applies a spread-based fee for forex trades, with no additional forex-specific charges.

With such a useful market analysis, we would love to see the section expanded to other pairs. The service provider is BeeksFX, but LunarCapital clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. 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. One of the most ignored trading costs is swap rates on leveraged overnight positions.

• With MetaTrader 4 and MetaTrader 5, traders gain access to two of the most popular and powerful forex trading platforms in the world.
• Opening an account with LunarCapital is a straightforward process designed to get traders started quickly.
• The broker has its main base of operations in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
• More you will get daily forex technical analysis by forex experts, and forex news.

Whether you’re trading major currency pairs or exploring commodity markets, LunarCapital provides the necessary tools and instruments to engage effectively in global financial markets. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. 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.

The Foreign Exchange market (Forex or FX for short) is the largest and most liquid financial market in the world. According to the Bank for International Settlements, the Forex market accounts for daily tunrovers of around four trillion dollars and the market has been growing year on year. MetaTrader 4 includes a whole range of easy-to-understand functions, so it only takes a few minutes to get comfortable with all the different options available to you as a trader. The platform has a built-in „Help“ function so you can get answers to the most common questions directly from within the software itself, so you can concentrate on the important stuff – trading. It’s important to note that while using the VPS service, the client is responsible for the security of their VPS account and the safety of the data on it.

Until recently, foreign exchange brokers did large amounts of business, facilitating interbank forex trading and matching anonymous counterparts for small fees. Today, however, much of this business has moved on to more efficient electronic systems, referred to as ECN. As with any financial transactions, the security of the information being transmitted is of fundamental importance. The LunarCapital MetaTrader 4 Broker software transmits information to and from the markets on 128-bit encrypted connections. In addition to this, LunarCapital also offers the possibility to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time.

If you regularly enter and exit the market, transaction costs can add up. If this is your trading strategy, you should place your orders when the spread is optimal. If you are a swing trader who wants to accumulate a large number of pips over weeks or even months, the spread’s size has little effect on you compared to the size of the moves. But if you are a day trader or scalper, the size of the spread can be equal to the difference between your profit and loss. Every online broker publishes typical spreads on the Contract Specifications page. At LunarCapital, the spreads can be seen on ‘average effective spread’ page.

We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market. LunarCapital’s main objective is to empower its clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey. The broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users.

Clients can open a ECN XL account with only $100 and enjoy the same level of dedicated full support and service as if they are a VIP client. You will be able to take advantage of the ECN/STP model of forex trading we helped to pioneer. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Yes, it is possible to have a profitable strategy when trading with LunarCapital, which offers the reliable MetaTrader 4 platform and plenty of analysis to support forex trading. MT4 ultimately gives me the flexibility I need to analyze the foreign exchange market, with 9 time frames ranging from 1 minute to 1 month, 30 integrated indicators, plus 2000 free custom indicators and 700 paid options. This will be enough to satisfy most traders and provide opportunities to deploy a range of forex trading strategies. I am happy with the selection of fee-free funding methods accepted by LunarCapital, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay. This makes it easy for global traders to get started with the forex broker. I like LunarCapital’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed.

To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee. The smaller the timeframe and the larger the number of transactions, the more cautious you should be when it comes to spreading. If we are considering how to calculate the spread in Forex, for example, the value of a pip per contract is ten units of the second currency. The spread can be fixed or floating and is proportional to the volume placed in the market.