The deposit is low, the MetaTrader 4 platform is one of the best for forex trading, and the tight spreads through the ECN model are competitive. LunarCapital’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LunarCapital is behind the competition here. 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.
All the features of the broker are…
- There is much written about the ECN XL account they have crafted and its reputation as one of the best account types is well deserved.
- LunarCapital offers a single yet versatile account type – the ECN XL account, designed to cater to both beginners and professionals.
- I think the client dashboard and website could do with an overhaul though – they are pretty dated.
- The only drawback is that it does not support Metatrader 5, which I hope this broker will support this platform as soon as possible.
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.
LunarCapital platform
Such a feature opens the doors into the world of trading for many traders, who are confused because of the size of minimum deposit. I know that low spreads are also useful, and this one proposes quite low ones. I think it’s a trustworthy broker from what I understand in the forex industry. The simple fact that LunarCapital has been providing its services since 2010 continually tells a lot about the credibility of the company.I used to pay attention to the background of any entity first.
And this platform is known for its reliability and functionality.2) In addition to platform company provides VPS service. Professionals understand why this service is needed.3) 100% bonus on first deposit is a nice addition to advantages that I have described.Yes, this broker has some disadvantages. But number of advantages is much more, which determined my choice. If you look at the whole, the user opinion about LunarCapital.com is not too good, the company’s clients have many reasons for dissatisfaction (traders complaining). First of all, they are caused by delays in the execution of orders. Not everyone likes the limited tools and availability of requotes on the types of accounts with small deposits (Standard, XL).
Very well priced services at LunarCapital
When I deposited, I got 100% bonus as a gift, love the promos! Also, love that company does not force its clients to switch to MT5, I personally like MT4, so thanks for this. Like their service and waiting for future promotions and bonuses… Traders from these regions are prohibited from opening accounts or accessing LunarCapital’s services. For a complete and updated list of restricted countries, traders are encouraged to check the LunarCapital website. Yes, it is possible to have a profitable strategy when trading with LunarCapital, which offers the reliable MetaTrader 4 platform and plenty of analysis to support forex trading.
High speed order execution is what I…
I recommend adding tradingview into the trading platform.I recommend that this broker should remove the minimum withdrawal from $50 to maybe $10. This way even traders from less develop countries can have access to cash from forex always. A great place to realize any trading ideas.I was looking for a broker that would suit my trading conditions and this company was perfect. I was looking for a company that provides lightning fast order execution.
This will be enough to satisfy most traders and provide opportunities to deploy a range of forex trading strategies. Our team highly rates LunarCapital’s forex offering, which includes 72 major, minor and exotic currency pairs and is on par with competitors like OANDA, which offers 68 pairs, and Forex.com with its 82 pairs. I like LunarCapital’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed. Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with LunarCapital simple for beginners. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions.
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Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades. In my opinion, MT5 is best suited for automated trading via Expert Advisors (EAs). The platform also has an https://lunarcapital.world/ intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. From my testing, LunarCapital’s spreads are generally on the lower end, though its swap fees are noticeably higher.
- As soon as i heard the news i opened the live mt5 account, it’s way more comfortable to trade now.
- This means that clients of LunarCapital’s offshore branch won’t get the same level of protection and won’t have access to compensation schemes or trusted regulators if things go sour.
- With no minimum deposit required, the account is also highly accessible and budget-friendly.
- 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.
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.
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.
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 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.