That said, the broker doesn’t charge volume-based commissions, has a modest inactivity fee, and only applies a handling fee on withdrawals. I was glad to see that LunarCapital has maintained its competitive pricing since my last review—and in some cases, like with the EURUSD pair, it’s even improved. LunarCapital operates two entities, which are licensed and regulated by CySEC (Cyprus) and MISA (the Comoros Union). The broker keeps client funds segregated and ensures negative balance protection.
Pricing could be slightly more competitive for frequent trades to give a smoother experience. It got better, new features were added, and crypto trading is now 27/5 and I know it’s a standard procedure but it shows that LunarCapital doesn’t like to remain at one place. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available.
One ECN XL account is suitable…
The raw spreads and zero commission policy make it cost-effective for this trading style. Trading via MT4 is smooth, and execution is fast with minimal slippage. 💰 The 100% deposit bonus is a nice boost, especially for smaller accounts. However, the platform selection is limited to MT4, which may feel outdated for some traders, but not for me…✅ Overall, it’s a solid choice for anyone seeking transparent and competitive trading conditions. LunarCapital offers an extensive selection of tradable instruments, providing traders with the flexibility to diversify their portfolios across multiple markets. The platform grants access to a wide range of forex pairs, including major, minor, and exotic currencies, enabling traders to capitalize on global market movements.
I realize that such trading conditions…
- On the downside, LunarCapital’s high fees for most withdrawal methods are a disadvantage.
- It is safe and has the necessary security tools in place, and also has a lot of good trading conditions.
- Excellent broker with tight spread, no commission, fast execution, low swap charges quick deposits and withdrawals, accurate chart without manipulations at live account, instant customer support.
- LunarCapital offers only 98 CFD instruments across currency pairs, commodities, indices, and cryptocurrencies.
- TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes.
The 70+ currency pairs provide a wider range than many competitors. However, some FX specialists like Forex.com offer thousands of additional instruments, so it’s disappointing to find just 27 non-forex assets on the LunarCapital platform. LunarCapital 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 and MT5`s features. Don’t really like when brokers offer lots of platform, you have to spend time on comparign them.
- Ordinarily, we prefer to see a choice between a commission-free account (geared towards beginners) and one with raw spreads and low commissions (geared towards advanced traders).
- Whether you prefer to trade on a desktop or on the go, LunarCapital delivers a seamless trading experience.
- Yes, LunarCapital is considered safe for traders, thanks to its comprehensive security technologies designed to protect both client funds and personal data.
- But pros are probably more prevelant if you ask me and are mostly centered around costs than anything else.
- However, withdrawal fees may apply depending on the chosen payment method.
Phone Support
Email support is ideal for non-urgent matters or when traders need comprehensive assistance with account-related questions, technical issues, or other specific inquiries. LunarCapital ensures that all email communications are handled promptly and professionally, maintaining high standards of service quality. LunarCapital places paramount importance on trust and safety, strictly adhering to global compliance standards to protect its traders. The platform employs state-of-the-art security measures to safeguard both personal data and client funds, ensuring that all transactions and information are securely managed.
Customer Reviews
All that is left to do is to download the terminal to a computer or mobile device. The main thing is not to make your account «idle» for a long time. I am satisfied with the quality of my order execution here.All orders I opened here and in particular over the last few days were executed without slippage. As I mentioned before, the broker is outdated, their user interface needs to be updated, the MT4 is not enough for trading nowadays, the personal area could be more modern. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. Only one account isn’t a super convenient thing, but at least conditions are superior.
The multiple industry awards are also a reassuring sign for us. I am satisfied with LunarCapital’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. Although LunarCapital does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS). This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on LunarCapital. LunarCapital uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker.
The bonus
The broker doesn’t charge deposit fees, and while some withdrawal methods may involve third-party processing fees, LunarCapital has your back—it reimburses those fees when you fund your account. Still, if low fees and fast execution are what you’re after, LunarCapital could be just the broker for you. Although some brokers like Vantage offer a similar service with less stringent qualifying criteria, LunarCapital’s VPS, combined with its excellent pricing, will appeal to high-volume traders and algo traders. However, they are still powerful platforms that will provide everything needed for experienced traders to https://lunarcapital.net/ conduct technical analysis while also being intuitive enough for beginners to pick up easily. 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.
My trading experience
These robust safety measures highlight the broker’s dedication to safeguarding its users, making LunarCapital a secure choice for traders who prioritize the safety of their trading activities and personal information. LunarCapital 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, LunarCapital provides a range of tradable instruments, though the absence of stock trading may be a limitation for some. There are a couple of things that I wanted to talk about after gaining some experience at LunarCapital.1.
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. LunarCapital offers reliable customer support to assist traders with any questions or issues they may encounter. The broker provides live chat and email support, ensuring that help is readily available. Customer service operates 24 hours a day, Monday through Friday, allowing traders to access assistance during market hours. All information on this website represent subjective views of the authors and they are solely informational.
Specifically if it’s the financial company where my money is involved. I have to double check and make sure everything is clear and legal.With LunarCapital no questions arise in this matter. There are certain features that i don’t really like but the way developers designed ECN XL account packing it with all contemporary instruments and attractive trading conditions is remarkable. Plus, the order execution leaves no questions, orders are executed fast, no bugs, no freezes or lags. I love their order execution and ecn xl acc which has rather tight spreads $0 trading commissions.
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