During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. 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. The most notable is its ECN XL account, which provides spreads starting from 0 with no trading commission, a rarity in the industry. This low-cost trading environment is particularly appealing to traders looking to minimize expenses on high-frequency trades. LunarCapital provides access to the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for its reliability and advanced trading features.
Account Features
At LunarCapital we’ve gone to great lengths to compile a useful and extensive compendium of trading tools. We’ve consulted with experts; externally, in house and more importantly with our most important experts – our clients, in order to provide this comprehensive list, which will add to our clients’ armoury when trading the markets. MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies.
LunarCapital Forex Knowledgebase
While LunarCapital does not offer stock trading, its comprehensive selection of other instruments, combined with competitive spreads, positions it as a strong choice for traders focused on forex and CFDs. 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. At the same time, both platforms are remarkably user-friendly, making them accessible even to relatively new and inexperienced traders. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures.
Keeping on top of news events and data releases is a critical aspect of successful trading. However, breaking news, technical analysis, fundamental analysis and opinion also provides an essential insight into where markets are headed. This vital educational resource will contain many long standing elements clients will be familiar with in addition to some new developments. The staple requirement of many experienced traders; an economic calendar, is combined with our latest addition; unique FX trader widgets. However, using the revised calendar as an example, it illustrates the level of care and detail we’ve entered into, in order to provide our clients with the best resources available. A wide array of charting tools is now at hand to support your trading activity – 30 of your favourite technical indicators, various time frames and real-time updated market prices.
LunarCapital
Depending if you prefer to trade from your desktop or while on-the-go, we have a platform for you, and with our user guides we look to improve your Forex trading experience and results. Gain access to your LunarCapital trading account in 3 simple steps – download, install and login to the mobile trading platform using your LunarCapital account credentials. These mobile applications allow traders to connect to their LunarCapital’s trading accounts, analyze charts, manage trades, and apply technical indicators — all from smartphones or tablets.
- Embedded tick charts are an extremely useful way to determine accurate entry and exit points.
- As with any financial transactions, the security of the information being transmitted is of fundamental importance.
- Having tested hundreds of forex brokers, I feel that the LunarCapital’s education section is fairly average, with a decent range of materials available but nothing that stands out.
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. 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. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. Seeking the welfare of our communities, we use our unique location and resources for spiritual impact. Our early learning center and before and after school activities will operate at capacity.
MetaTrader
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 European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business. 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. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee.
Beginners will appreciate the straightforward pricing model with zero-commission trading, while experienced traders will rate the tight spreads with no restrictions on trading strategies. 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. While the broker does not offer phone support or automated bots, the availability of live chat and email ensures https://lunarcapital.vip/ that most issues can be resolved quickly and effectively. This customer-centric approach makes LunarCapital a solid choice for traders who prioritize responsive and professional support. LunarCapital offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes.
There are no commissions and tight spreads sourced directly from liquidity providers. While testing LunarCapital, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips. Still, I feel that LunarCapital could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers.
- Seeking the welfare of our communities, we use our unique location and resources for spiritual impact.
- Once these steps are completed, traders can access their account and begin trading immediately.
- 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.
- Additionally, traders have access to real-time market data and analysis to help them make informed decisions.
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. LunarCapital is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC, MiFID, and MISA, LunarCapital provides competitive spreads starting from 0 with no trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options.
MetaTrader 4 is one of the most popular forex trading platforms in the world today. All the necessary trading tools and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software (Expert Advisors or EA’s). MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots.
Both versions offer a seamless, responsive interface, providing ultimate flexibility for traders who need instant access from any device with internet connectivity. 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.
Embedded tick charts are an extremely useful way to determine accurate entry and exit points. MetaTrader 4 includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4.