Lunar Capital provides unparalleled account choices such as zero-fee ECN and competitive spreads, a subset with incredibly low costs. It is the feature of honesty in terms of pricing and execution that makes the customers interested and votes with plentiful positive reviews and ratings. The service provider is BeeksFX, but Lunar Capital clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots.
Lunar Capital Regulation and Security
- Information secured in this fashion is virtually impossible to hack in any short amount of time.
- Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market.
- I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions.
- ECN XL, also known as the ZERO account is one of the most cost effective trading accounts.
Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. In this Lunar Capital review, we examine the broker across key categories, including its accounts and fees, trading platforms, and customer support, to find out how it competes with alternatives. These findings are based on our first-hand experience trading at Lunar Capital and take into account the overall experience for day traders.
A true STP environment, offering anonymous tradingwith no-quotes & no stop-loss hunting
It is the security and speed of transaction processing that also contributes to high ratings of brokerage services. Lunar Capital holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. Clients may also use their Facebook or Google accounts to open an account. Since Lunar Capital is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations.
Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution. If you have experience trading with Lunar Capital please share your personal review of the broker and what you think are strong and weak points. But there is 0 dongs and whistles, so, again, not everyone might like it. I feel like each one of us needs to find 1 broker he “clicks” with. Spreads are slightly higher on alternative products, while the withdrawal fee and inactivity penalty lower its fee rating somewhat.
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The sign-up process is also pleasingly simple and there is a swap-free solution for Muslim traders available upon request. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. For further regulatory information regarding the Payment Service Providers please visit the deposit methods page. CENTRAL CLEARING Ltd and regulated by Mwali InternationalServices Authority (MISA) as an InternationalBrokerage and Clearing Housewith Licensing Number BFX202408.
The company providing very good spread conditions with Commission $0. Lunar Capital offers traders the core MT4 trading platform without third-party upgrades. We offer impartial reviews of online brokers that are hand-written, edited https://lunarcapital.vip/ and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
More you will get daily forex technical analysis by forex experts, and forex news. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The diversity of financial instruments which this company offers to customers is really huge. They have been running the business for over 14 years, so it seems they managed to add a lot of instruments for all this time.
The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds. Its regulation contributes positively to its ratings for credibility and security. Lunar Capital are never charged any commission or fee for trading from their traders. However if we see its service like compatative spread and $0 commission for trading then we can forget fee.
These tools include VPS, SMS notifications, EAs, technical analysis, and trading tools. Additionally, the platform offers interest rates from global central banks. Lunar Capital provides free VPS (Virtual Private Server) access for stable, fast, and high-performance trading. This dedicated server can handle multiple platforms and accounts, run automated programs, and ensure smooth trading operations. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability.
Lunar Capital 100% First Deposit Bonus
Lunar Capital 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. The ECN accounts, in particular, provide direct access to liquidity providers, ensuring competitive spreads and minimal slippage. With MetaTrader 4 and MetaTrader 5, traders gain access to two of the most popular and powerful forex trading platforms in the world. Lunar Capital Forex broker provides a range of educational resources to help traders improve their knowledge and skills.
The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. Lunar Capital can deposit and withdraw funds through bank transfers, debit/credit cards, and e-wallets.
All the services on the TopForx.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters. The minimum deposit at Lunar Capital usually starts at $100 or the equivalent in other https://lunarcapital.team/ currencies. The exact amount may vary depending on the account type you choose.
- This step is counted as one of the very important factors for traders and thus their ratings go higher.
- Lunar Capital does not have a proprietary mobile app, though MT4 and MT5 can be downloaded to Android and Apple devices.
- The apps are intuitive, fast, and offer full trading capability on the go.
- Every ECN trader starts somewhere that is why every Lunar Capital client is treated as an individual, a VIP, who will enjoy a personal, unrivalled level of service.
- I want to caution beginner traders against using a demo account as an educational tool.
- This is a convenient range and I was especially happy with the inclusion of crypto payments as these are highly flexible and should work for traders based almost anywhere.
It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value. The Vanuatu Financial Services Commission (VFSC) provides Lunar Capital with a competitive regulatory environment for international clients. EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC). The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000. Client deposits remain segregated from corporate funds at both entities with leading international banks, but Lunar Capital does not list them. Clients can find the provision in the Investment Services General Conditions PDF.
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. The company is comprised of a dedicated team of professionals with extensive experience in the financial industry. MetaTrader 4 and MetaTrader 5 are a series of advanced trading platforms designed by MetaQuotes Software Corporation a software development company established in 2000. Since its inception, MetaQuotes has built an unrivalled reputation for innovation, consistently delivering intuitive and powerful trading platforms, services, and solutions for market participants worldwide. The overall trading environment at Lunar Capital features a low cost structure and competitive asset selection, .
Most traders are unlikely to require additional assistance unless of an emergency. Lunar Capital 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. Lunar Capital offers a comprehensive range of tradable instruments, including major and minor currency pairs, commodities, indices, and metals. This diversity allows traders to build diversified portfolios and explore various market opportunities, catering to both short-term and long-term trading strategies. ECN XL, also known as the ZERO account is one of the most cost effective trading accounts.
By providing a unique suite of resources, a VIP level of services, combined with world-class support 24/5, our low cost trading environment provides the ideal base to succeed. 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. Lunar Capital’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. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers.
Lunar Capital has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework. If you have traded with Lunar Capital we would really like to know about your experience – please submit your own review. Lunar Capital does not have a proprietary mobile app, though MT4 and MT5 can be downloaded to Android and Apple devices. The mobile applications have proven to be stable and reliable during testing. The international subsidiary, on the other hand, operates with limited oversight, and this holds the broker back from achieving a higher score.