When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Compared to the industry average, LunarCapital provides a low number of cryptocurrencies and indices, an average number of commodities, and a high number of currency pairs. MetaTrader 5 is a decent option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capabilities too rigid and less effective.
Our team is happy to see that LunarCapital does not impose any trading restrictions, meaning strategies such as hedging and scalping are viable. CFDs (Contracts for Difference) let you trade on the price movements of assets—like gold—without actually owning them. LunarCapital does not offer any real stocks for value investing and portfolio building. On the flip side, there are no share CFDs, copy trading isn’t supported, and the research content is a bit limited. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. LunarCapital does not have a proprietary mobile app, though MT4 and MT5 can be downloaded to Android and Apple devices.
no minimum deposit and tight spreads
These regulatory bodies impose strict guidelines and standards that LunarCapital must follow, ensuring the broker operates with integrity and transparency. Additionally, LunarCapital holds licenses in multiple jurisdictions, providing a significant level of oversight and protection for traders. 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. 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.
The LunarCapital Ecn xl account is a finding…
For cryptocurrency users, LunarCapital provides an added benefit with up to a 10% discount on each deposit made via crypto. Deposits using BTC or ETH are processed instantly, meaning as soon as the transaction is uploaded on the blockchain, the trader’s account is credited without waiting for confirmation. Additionally, LunarCapital does not charge any deposit fees, enhancing its appeal to cost-conscious traders. LunarCapital offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment.
It’s important to note that bonus terms and conditions apply, so carefully review them before claiming any offers. Additionally, LunarCapital provides access to live market feeds and economic calendars to help you make informed trading decisions. As I wrote here two years ago, the LunarCapital broker is one of the best in the market. The only drawback is that it does not support Metatrader 5, which I hope this broker will support this platform as soon as possible. I remember how they didn’t have the MT5 but finally added it. Now I think they should do something with the education part.
- This broker has a great platform that can be used to make a profitable income… The financial instruments are well combined and there are different account and payment methods plus great customer service.
- DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
- 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.
- But that not why I liked it.It have really good trading conditions that suited me.
- Trading via MT4 is smooth, and execution is fast with minimal slippage.
LunarCapital Review – What to expect from the broker
This is an ECN broker and can be an excellent fit for intraday traders. I have never experienced any troubles while withdrawing from my account. For me it’s really an optimal solution, because I am a scalper and even a trader with several days experience will tell you how it’s important https://lunarcapital.team/ for scalpers to have seamless execution! It’s ensured by those technologies used by the LunarCapital broker, it’s a STP/ECN mechanism which guarantees fast execution without slippages even when the market is overloaded with orders from traders around the globe. Maybe the broker still has space for improvement, for instance, to add some commodities for trading, but I am into forex pairs trading predominantly.
Is LunarCapital A Regulated Broker?
With this minimum deposit requirement and pricing on the instruments, newbies will get the best experience of the trading. I know which system they use to send order directly to the interbank market. THis way, I can now have much more flexibility in my capital.For instance, if I now have 2x my capital, I can risk 2x more on my trades, this way I would be risking 1x of my own money.
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. It is one of the best forex platforms for technical traders. LunarCapital’s stop-out kicks in when your margin level drops to 50% or lower. At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. You can avoid a stop-out by depositing funds into your account.
Does LunarCapital Have A Forex App?
- Finally I have found an honest and transparent broker, I don’t think this broker is trying to take the other side of anyone’s trades and profit from them.
- My only disadvantage is that you are limited to 50 lots per trade so you have to open multiple orders.
- The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available.
- Traders are encouraged to review the broker’s comprehensive legal documentation to gain a thorough understanding of its compliance policies and regulatory adherence.
- When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage.
- All the features of the broker are totally applicable for beginners of the industry.
Broken down by asset class and compared to the industry average, LunarCapital offers extremely low forex and indices spreads. Spreads on gold and oil were aligned with the industry average, while the Bitcoin spread was elevated. Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.
The agents were friendly, and provided suitable answers to all my queries, in a personalized manner with no frustrating chatbots in sight. On both platforms, placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. LunarCapital supports trading via the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with MT5 added in 2025. However, not all currency pairs are as generously priced – GBP/USD trades with a 1-pip spread, which is more expensive than the average of around 0.3 pips at Fusion Markets, for example.
The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee. We are also disappointed with LunarCapital’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days. While this type of fee is not unusual, LunarCapital imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. The broker could improve its offering by including video content, such as periodic webinars and platform tutorials.