Lunar Capital is a forex and CFD broker that offers very low trading fees and achieves fast order execution speeds. Due to its hybrid ECN/STP model, Lunar Capital has access to deep liquidity, making it a good choice for high-precision trading. Available from the website, Lunar Capital’s educational articles cover an array of important trading topics, such as matters pertaining to technical analysis and margin trading. Traders can use them to learn how to use various technical indicators, how market execution functions, what is slippage, and more.
Also, an additional International entity Lunar Capital serves is located in St. Vincent & the Grenadines and newly established Nevis and Mwali branch in Comoros. Being an offshore zones, they do not define strict obligations to its financial registered firms, which may be a risky investment in case the firm is only based there. However, since Lunar Capital is additionally authorized by the European regulator it is considered to be safe to trade with them. FX CENTRAL CLEARING Ltd applies the Markets https://lunarcapital.vip/ in Financial Instruments Directive. MiFID provides a harmonized regulatory environment for investment services across the European Economic Area (EEA). Mwali International Services Authority (MISA) is committed to establishing, managing, and upholding premier financial regulatory standards within Mwali’s primary financial center.
I performed my tests on an ECN XL trading account using the desktop and mobile app versions of MetaTrader 4. The account was opened with the broker’s Central Clearing Ltd entity. Some features and services may vary depending on where you reside and which entity you open an account with. Lunar Capital could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. On the downside, Lunar Capital’s high fees for most withdrawal methods are a disadvantage.
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.
Written by the company
Lunar Capital offers a choice of 100 tradable instruments across currency pairs, commodities, indices, and cryptocurrencies. The broker impresses with its forex pairs offering, which is one of the largest in the industry. Lunar Capital incorporates the renowned MetaTrader 4 (MT4) platform, which is suitable for casual trading. MT4 supports basic technical analysis and automated trading via its Expert Advisors (EAs) feature. Lunar Capital impresses with its fast order execution speeds, averaging below 60 milliseconds. The deposit is low, the MetaTrader 4 platform is one of the best for forex trading, and the tight spreads through the ECN model are competitive.
Does Lunar Capital Offer Low Fees?
- Lunar Capital has taken undeviating steps to segregate accounts and the offering of investor compensation schemes as measures to protect the client funds.
- Although this cost is meager compared to some other brokers, casual traders should keep this in mind.
- The account was opened with the broker’s Central Clearing Ltd entity.
- Clients can also download a range of ebook PDFs for free that go into further detail on strategizing and online trading.
For both new and seasoned traders looking for a strong but straightforward trading environment, Lunar Capital’s MT4 platform is an overall fit. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. Lunar Capital works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. 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. The 70+ currency pairs provide a wider range than many competitors.
Does Lunar Capital offer a demo account?
It does not offer any real stocks, and its clients cannot really practice value investing with its extremely limited instruments offering. The broker stands out for extremely low trading fees and a decent range of educational and research materials. The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately. Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. However, bank cards and wire transfers take up to five working days. The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read.
Lunar Capital charges low-to-average spreads and offers commission-free trading. The broker also has a very low inactivity fee and offers cost-free deposits, though withdrawals are subject to a handling fee. Lunar Capital’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so Lunar Capital is behind the competition here. Based on our findings, the broker offers a good range of trading instruments with over 200 Trading products all based on FX and CFDs trading. It allows trading major, minor, and exotic currency pairs, and cryptocurrencies with access to Bitcoin, Litecoin, and Ethereum, major indices from the EU, US, UK, and Asia.
Responsive support team
Lunar Capital now offers trading in currency pairs, commodities, indices and cryptocurrencies. Perhaps because trading CFDs is not the same as trading the stocks themselves, it is much more risky. But what this broker has is debugged in work, like the most accurate mechanism. This also applies to payments, and technical support, and the organization of trading.
Even though design of MT4 might be slightly outdated, also some capabilities should be added on as extra, like VPS, overall platform showed good performance, also execution based on ECN connectivity is very good. Also, always consider Lunar Capital rollover or overnight fee as a cost, which is charged on the positions held longer than a day defined by each instrument separately. Security, privacy and protection of our clients’ investment is our top priority and as a regulated broker we can offer you a peace of mind when trading with us. In this way, you can give your full attention to trading, while we will take care of the safety of your funds.
MetaTrader 4 is the most well-known and widely used trading platform in the world. Lunar Capital has published 11 educational e-books covering a wide spectrum of topics (building a trading plan, trading mentality, scalping, etc.). What I found particularly useful is the extra attention paid to trading psychology. Understanding how to adopt a proper trading mentality is especially important for long-term success in the market.
TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes. We review and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns that we come across. We are also a community of traders that support each other on our daily trading journey. 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.
- All things considered, Lunar Capital’s deposit options enable effective fund management, making it available to new and seasoned traders.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
- Lunar Capital Broker is based on the ECN/ STP trading solution while all orders are routed and matched in the electronically configured network through the liquidity pools of institutional providers and market quotes.
- However, trading with an ECN XL Account comes with no swap charges, making fee calculation easier and offering a great benefit.
- It also achieves average execution speeds below 60 milliseconds, which lessens the risk of negative slippage, and offers free VPS hosting for low-latency trading.
- With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions.
How To Make A Deposit
The CySEC has further reinforced investor safety through the Investor Compensation Fund that provides a guarantee of up to €20,000 if a broker winds up its business without warning. Lunar Capital is registered as a Cypriot Investment Firm (CIF) under the brand name, Forex Central Clearing Ltd., which holds at least €1 million in tangible assets. Lunar Capital also ensures the most secure trading environment through state-of-the-art encryption technologies for processing payments, as well as for connecting traders to the best liquidity providers in the market. Lunar Capital also connects its traders through EQUINIX servers, which are considered to be among the most reliable and secure third-party systems in the Forex markets. Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market.
Lunar Capital Funding Options – Deposits & Withdrawals
The $0 minimum deposit also makes the forex broker accessible for new traders. New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions.
MT4 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. ECN XL and ECN Standard Account owners have access to 30 trading instruments. Clients with ECN Advanced Account (min. deposit $100.000+) can trade over 200 assets. Lunar Capital 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.
In conclusion, Lunar Capital stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment. The broker’s commitment to technological excellence, diverse account options, and client-focused services make it a compelling choice for traders seeking precision in their forex endeavors. Lunar Capital 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, Lunar Capital provides a range of tradable instruments, though the absence of stock trading may be a limitation for some.
This diversity allows traders to build diversified portfolios and explore various market opportunities, catering to both short-term and long-term trading strategies. Having high levels of experience and knowledge, we are ideally placed to understand our clients https://lunarcapital.net/ 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. 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.