In addition, the LunarCapital’s MT5 platform includes trading alerts, an in-built economic calendar, and the MQL5 programming language to build custom tools and trading robots. The platform is available for PC, macOS, Android, and iOS, enabling better accessibility for traders. 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.
Swap-Free (Islamic) Accounts
Standard account holders also benefit from competitive spreads, ensuring that even beginners can trade cost-effectively. This transparent pricing model allows traders to easily understand their costs upfront. 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. LunarCapital offers a variety of convenient deposit options, ensuring that traders can fund their accounts quickly and efficiently.
Indices
- While other online payment systems like Neteller and Skrill have a set 2.7%, but bank wire transfers cost between $30 and $ 45.
- Overall, LunarCapital offers a fine selection of products for forex and CFD traders; however, the range may discourage those investors seeking a more all-around opportunities and larger portfolios.
- Premium and VIP account holders enjoy tighter spreads, making these options especially attractive for high-volume and frequent traders.
- Although LunarCapital’s research products are helpful for traders, they might not be as thorough as those of other top brokers; hence, users should always augment their research with other sources as needed.
These combine well with LunarCapital’s 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. The most frustrating absence is stocks, which are entirely missing, though traders can at least speculate on stock markets through index CFDs. Withdrawals at LunarCapital are also disappointing, with all methods besides cards and wire transfers incurring a percentage withdrawal fee that can reach a hefty 3.4%, depending on the method. Wire transfers incur a $30-$45 flat fee (minimum limit of $500), many times more than the $5 withdrawal fee at eToro.
Demo Account
For high-frequency traders especially, the ECN XL account is one of the best options since it has spreads beginning at 0 pips and no commission. LunarCapital offers a range of handy deposit options to suit traders’ requirements. LunarCapital notably charges no deposit fees, thereby enabling traders to begin free from further expenses. While bank transfers could take longer, e-wallet transactions usually take one hour, and deposits are handled rapidly. This adaptability serves a wide range of traders, improving the user interface. All things considered, LunarCapital’s deposit options enable effective fund management, making it available to new and seasoned traders.
Is LunarCapital suitable for spread betting?
Also, a recommended minimum deposit of $500 is suggested for those looking to maximize their trading experience and access additional features. Key results from testing the LunarCapital PC platform expose flawless execution of transactions, real-time market data, and many analytical tools necessary for efficient trading methods. Widely known for its simple interface and strong trading capabilities, the MetaTrader 4 (MT4) platform is the only supported choice by LunarCapital. 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.
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. LunarCapital is missing the mark with its research tools, offering limited technical analysis. The research section mainly includes links to external market news through their blog.
Testing LunarCapital’s Customer Support
What is also great, LunarCapital used technology to provide efficient and transparent pricing with the most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements. LunarCapital supports payments via bank wire, credit/debit cards, e-wallets, and several cryptocurrencies. Processing times are generally fast, and traders can choose from a wide range of currencies. The broker doesn’t charge any deposit fees and even reimburses third-party banking charges.
- LunarCapital minimizes non-trading fees, offering a highly transparent fee structure.
- Some traders might not like the light level of regulation, but the trading conditions speak for themselves.
- The ebooks, in particular, stand out for their depth and coverage of key trading concepts—making them a valuable resource for learners.
- What is also great, LunarCapital used technology to provide efficient and transparent pricing with the most possible low spreads.
Traders can also benefit from free VPS hosting, ideal for those who rely on low-latency execution for their strategies. LunarCapital’s ECN XL account combines commission-free trading and raw spreads from 0.0 pips, offering extremely favorable conditions in some cases. The account also does not have a minimum deposit requirement, making it very affordable. Still, LunarCapital 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.
LunarCapital also provides access to stocks and indices, allowing traders to engage in diverse trading strategies. In the following paragraphs, we will explore each of these tradable instruments in greater detail, highlighting the unique features and opportunities they present. LunarCapital provides access to the widely acclaimed MetaTrader platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering https://lunarcapital.space/ a flexible and comprehensive trading experience.
Does LunarCapital Have A Mobile App?
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. Spreads are slightly higher on alternative products, while the withdrawal fee and inactivity penalty lower its fee rating somewhat. The international subsidiary, on the other hand, operates with limited oversight, and this holds the broker back from achieving a higher score.
The primary platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and LunarCapital Trader, ensuring that traders can access the markets 24/5 from any device. These platforms are equipped with powerful tools such as advanced charting, real-time market data, automated trading capabilities, and user-friendly interfaces. Whether you prefer to trade on a desktop or on the go, LunarCapital delivers a seamless trading experience. In the sections below, we will discuss each version of LunarCapital's trading platforms in detail, highlighting their features and benefits for every type of trader. Yes, LunarCapital is considered safe for traders, thanks to its comprehensive security technologies designed to protect both client funds and personal data.
For each successful referral that opens an account and meets the trading criteria, both the referrer and the new trader receive a bonus. This program creates a mutually beneficial arrangement, encouraging traders to share their positive experiences and expand the LunarCapital community. T’s important to note that while LunarCapital offers educational resources, they may not be as comprehensive or engaging as those provided by some other brokers.