Forex MetaTrader 4 Broker, MetaTrader 4 Trading, MT4 Client Terminal
Lunar Capital 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’s features. Lunar Capital operates on a spread-only model, with spreads starting as low as 0 on major currency pairs. Each and every trade clients place is matched in an electronic configured network (ECN), through a straight through processing (STP) method. These four critical factors ensure that Lunar Capital clients are enjoying the most transparent access to the FX markets.
Trading Fees
Lunar Capital serves clients in the EU through a company registered in Cyprus, and clients from the rest of the world through a company registered in the Comoros. Opening an account with Lunar Capital is a straightforward process designed to get traders started quickly. Traders using the MetaTrader 4 Mobile App enjoy powerful functionality for trading Forex at anytime and anywhere on the planet. An entire library of analytics and trading options is available for mobile devices.
First Deposit Bonus
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. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.
The World Best Trading Account
The Lunar Capital MetaTrader 4 Broker software transmits information to and from the markets on 128-bit encrypted connections. In addition to this, Lunar Capital 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. Importantly, your funds will be held in segregated accounts with Tier-1 banks, and you’ll enjoy negative balance protection whichever entity you open an account with.
Leverage
Lunar Capital assists clients trading through the MetaQuotes range of platforms, for example, MetaTrader 4 for PCs, MetaTrader 4 for mobile devices and the MetaTrader 4 MultiTerminal. Lunar Capital supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply. As this broker offers consistently low spreads, it is possible to enter and exit trades several times a day, to take advantage of even small price swings. Its ECN XL account has no commission, but $5 mark-up per lot applies when you open an account through us.
This is an extremely valuable facility and platform for those who manage funds, or those who manage investors’ accounts and for traders working with many accounts simultaneously. Lunar Capital clients can trade forex instantly, taking advantage of live streaming, best executable prices in the marketplace, with immediate confirmations. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
- ECN XL, also known as the ZERO account is one of the most cost effective trading accounts.
- The most frustrating absence is stocks, which are entirely missing, though traders can at least speculate on stock markets through index CFDs.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
- Whether you’re trading major currency pairs or exploring commodity markets, Lunar Capital provides the necessary tools and instruments to engage effectively in global financial markets.
- 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.
My mission with TrustedBrokers is to help you find the right broker for you, whether you’re a beginner or a pro. I’ve personally used and tested the brokers mentioned in this article. I started my career in investment banking in London as an FCA-approved person.
- Clients may also use their Facebook or Google accounts to open an account.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
- There’s no minimum deposit, and Lunar Capital accepts a wide range of payment methods.
- Dealing desk and market making brokers often provide fixed spreads, an indication that the spreads quoted are not from a true, efficient and organic marketplace.
- 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.
- MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions.
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. Lunar Capital offers several unique features that set it apart from other brokers. The most notable is its ECN XL account, which provides spreads starting from 0 with no trading commission, a rarity in the industry.
Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand. 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. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed.
Anyway, after reading some reviews I decided to give it a shot and signed up for this company. To my surprise everything was better than I expected, I didn’t have any problems with the registration process. Compare the markets and instruments offered by Lunar Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare Lunar Capital with the top 3 similar brokers that accept traders from your location. Similarly, the ‘Market Analysis’ section had a focus on just three currency pairs during testing which is not wide enough in my opinion.
These combine well with Lunar Capital’s https://lunarcapital.net/ 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. The three chart types MT4 offers are far behind newer alternatives such as TradingView, and the 9 time frames from 1 minute to 1 month have also been surpassed by many other platforms. I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions. This is a rare feature that you don’t see at many rivals, and a promising sign of transparency. Lunar Capital maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies.
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. Whether you are facing technical issues, account-related queries, or need help with your trading platform, Lunar Capital’s support team is prepared to assist promptly. While the broker does not offer phone support or automated bots, the availability of live chat and email ensures that most issues can be resolved quickly and effectively. This customer-centric approach makes Lunar Capital a solid choice for traders who prioritize responsive and professional support.
One of the standout benefits of Lunar Capital is the absence of a minimum deposit requirement, allowing traders to start with any amount that suits their needs. 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. I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers. The technical support is good and it is noticeable that there are competent guys working. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability.
Lunar Capital shows clients how to obtain the most up-to-date rates, a step many brokers omit. Lunar Capital brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. With fast processing times and no deposit fees, Lunar Capital makes it easy for traders to manage their funds efficiently.
This commitment to security helps to instill confidence in traders who seek reliability and transparency. Having high levels of experience and knowledge, we are ideally placed to understand our clients needs and to support traders in achieving their ambitions and investment goals. 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.
Accessing the MT4 or MT5 app through an Lunar Capital account is also straightforward, requiring only three easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. 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 Lunar Capital is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency.
The choice of payment methods depends on the company that you open an account with, and your country of residence. However, profits can only be withdrawn to a bank account or a crypto wallet. Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30. Lunar Capital’s trading account is also available without a swap, upon request. Open your account online and contact your account manager for more information. In our opinion, its Islamic account is one of the best on the market because you can keep your positions open for as long as you want without incurring additional costs.