Having tested hundreds of forex brokers, I feel that the Lunar Capital’s education section is fairly average, with a decent range of materials available but nothing that stands out. Although Lunar Capital 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 Lunar Capital. Lunar Capital’s stop-out kicks in when your margin level drops to 50% or lower.
Yet, we advise always check with a particular payment provider in case of any other additional fees relevance or its possibility. As the majority of Forex brokers, Lunar Capital also offers to use leverage, a powerful tool to increase the potential of gains through its possibility to multiple initial accounts balance. However, leverage should be used smartly as it increases the power of losses as well. However, Lunar Capital does not provide ETFs or stock trading, also the range is rather with popular products in asset classes, thus reducing options for people looking for equity investments. Overall, even if Lunar Capital offers a fine selection of products for forex and CFD traders, yet the lack of advanced range may discourage those investors seeking a more all-around portfolio and larger portfolios. This restriction emphasizes knowing https://lunarcapital.team/ one’s trading tastes before deciding on Lunar Capital as a broker.
Therefore, we do not recommend you to invest money with Lunar Capital Markets Ltd. If you’re interested in comparing Lunar Capital against other popular brokers in the industry, check out our Lunar Capital Vs pages. Our team has compiled a series of detailed Lunar Capital comparison articles, pitting the Lunar Capital platform against some of the best-rated Lunar Capital competitors in the market. Dive into our informative Lunar Capital Vs pages below to find out how Lunar Capital stacks up against other leading brokers. Throughout our comprehensive Lunar Capital review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. You will be exposed to a high risk of loss regarding leverage and margin-based trading.
- Lunar Capital offers various funding payment methods listed in your Lunar Capital dashboard if available in your region.
- Lunar Capital operates on a spread-only model, with spreads starting as low as 0 on major currency pairs.
- Working with Lunar Capital has been an undeniably trustworthy experience for me.
- Still, I feel that Lunar Capital could become a more attractive forex broker by expanding the range of tools it supports.
Lunar Capital platform
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. Lunar Capital 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. Our team rates Lunar Capital’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing.
Still, I feel that Lunar Capital 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. The account stands out as a competitive option for traders of all experience levels. 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. On the negative side, there is a slim selection of trading platforms with access to MetaTrader 4 (MT4) only. Our team https://lunarcapital.vip/ is also disappointed by the withdrawal fees and weak regulatory oversight through the offshore branch.
The Lunar Capital phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Lunar Capital and found that they could assist us in various languages. The Lunar Capital team did resolve and answer our queries, but the email support from Lunar Capital was overall average compared to other brokers we have tested. In addition, we tested Lunar Capital support services in various countries and languages and found that Lunar Capital were able to effectively resolve our customer issues. Our team tested the live chat support of Lunar Capital and found it to be satisfactory.
With the ECN and STP execution methods offered by the platform, traders using Lunar Capital can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades. In addition to offering free access to a Virtual Private Server (VPS), Lunar Capital currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit. Lunar Capital provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads.
This also applies to payments, and technical support, and the organization of trading. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an Lunar Capital XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. Lunar Capital is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices.
Using MQL4 you can build-up your own library of custom indicators, scripts and function database. Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds.
The spreads are very tight starting from 0.4 I enjoy trading news sometimes and they allow it as well. The only downside that ive noticed is that support answers are taking way too long. I take advantage of broker’s competitive pricing and market execution to apply trading bots.
Licensed under CySEC, MiFID, and MISA, Lunar Capital 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. 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. 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.
- Once completed, Lunar Capital users can download the trading platform of their choice.
- However, Lunar Capital has outdone many competitors by offering the kind of tight spreads you’d expect from ECN accounts without charging a commission.
- I’ve been trading with Lunar Capital for a few months now, and so far, it’s been a good experience.
- Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
Investment Services General Conditions
As with any financial transactions, the security of the information being transmitted is of fundamental importance. 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.
Fees & Costs
Lunar Capital offers clients Forex trading, CFD trading, and Share Dealing trading. All funds deposited to Lunar Capital are held in segregated bank accounts for security. Lunar Capital is regulated by MISA (Mwali International Services Authorities) (BFX ), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10) so can be considered legit.
Is Lunar Capital a Scam? Complete Review and Real Customer Feedback
As a comparison, Fusion Markets offers 10 deposit currencies, which can help prevent the need for often costly conversions. Lunar Capital offers a decent selection of payment methods including standard card and wire transfers as well as crypto and e-wallet solutions. 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. Still, Lunar Capital has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements.
Transforming Lives, Reflecting God’s Heart
So, take a seat, grab a cup of coffee, and dive in to learn about Lunar Capital and how it can benefit you or if Lunar Capital is not for you. Perhaps, it’s one of the most significant characteristics for traders. Working with Lunar Capital has been an undeniably trustworthy experience for me. Wherever you slice it, they have yet to disappoint me in ways that matter. I will keep using their services as long as they stay this reliable. It’s a good broker for intraday trading because trading conditions allow to earn on every move.
Account Features
Practice your forex trading skills or test new strategies with zero investment. 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.