That said, this broker does implement negative https://lunarcapital.space/ balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets. An inactivity fee of $5 per month is applied after three months of no trading activity. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. CENTRAL CLEARING Ltd and regulated by Mwali InternationalServices Authority (MISA) as an InternationalBrokerage and Clearing Housewith Licensing Number BFX202408. At BrokerListings.com, we cut through the noise with expert-curated, data-backed broker reviews.

Powerful Platforms for All Devices

Being an offshore zones, they do not define strict obligations to its financial registered firms, which may be a risky investment in case the firm is only based there. However, since LunarCapital is additionally authorized by the European regulator it is considered to be safe to trade with them. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. LunarCapital provides a range of high-quality research materials and tools developed in-house. The content includes broad articles on a variety of topics, an economic calendar, and daily technical outlooks.

Additional Tools and Features

When making their withdrawals, traders should consider these fees to help them to prevent unanticipated expenses. LunarCapital offers excellent customer support, available 24/5 through live chat, email, and phone. Response times are generally fast, ranging from just a few seconds to about two minutes. My only minor complaint is that support is currently available only in English. From my testing, LunarCapital’s spreads are generally on the lower end, though its swap fees are noticeably higher. That said, the broker doesn’t charge volume-based commissions, has a modest inactivity fee, and only applies a handling fee on withdrawals.

Account Types and Benefits

LunarCapital enhances the mobile trading experience by offering the MT4 and MT5 applications, compatible with iPhone, iPad, and Android devices, ideally suited for day 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. LunarCapital does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with.

This pales in comparison to detailed in-house analysis provided by industry leaders like IG. Also, during testing, the ‘Market Analysis’ focused on only three currency pairs, which feels too narrow. Other platforms like Interactive Brokers provide broader data streams and insightful content. Reliable customer support is essential when trading with any broker, and LunarCapital recognizes this importance by offering efficient and accessible service.

Traders can reach LunarCapital’s support team 24/5 through multiple channels, including email, phone, and live chat. This ensures that help is always available, no matter the time or urgency of the inquiry. The variety of contact options allows traders to choose the method that best fits their needs, whether they prefer quick responses through live chat or more detailed assistance via email or phone. LunarCapital is committed to providing consistent and responsive customer support to all its clients. LunarCapital minimizes non-trading fees, offering a highly transparent fee structure. The broker does not charge any fees for inactivity or deposits on certain account types, allowing traders to maintain and fund their accounts without worrying about hidden costs.

Main Insights from Exploring LunarCapital’s Tradable Assets

Under its ECN XL account, LunarCapital charges no trading commissions; it depends on competitive spreads to make money. For high-frequency traders trying to cut expenses, this structure appeals especially. Further improving the broker’s cost-effectiveness without deposit or account maintenance fees. LunarCapital offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment. Since markets are always changing, it’s important to keep your skills sharp without risking real money. 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.

Whether you are a beginner looking for a low-cost entry into the forex market or a professional trader seeking competitive conditions, LunarCapital’s ECN XL account provides a solid, flexible option. LunarCapital welcomes traders from a wide range of countries across the globe, offering its services to a diverse international client base. However, certain regions may face restrictions due to regulatory requirements or local laws. Traders are advised to visit the LunarCapital website to verify whether their country is eligible for trading on the platform.

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. LunarCapital clients can trade forex instantly, taking advantage of live streaming, best executable prices in the marketplace, with immediate confirmations. Bonuses shouldn’t be your sole factor in choosing a broker, as elements like regulations and fees hold more weight. However, the lack of alternative platforms is a major drawback, also some traders find MT4 slightly outdated. The platform is available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects, and charting tools.

  • 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.
  • After testing the app, it turned out that it provides real-time market access, sophisticated charting tools, and a range of technical indicators, among other basic capabilities.
  • However, some FX specialists like Forex.com offer thousands of additional instruments, so it’s disappointing to find just 27 non-forex assets on the LunarCapital platform.
  • Since I was the only person in the queue, an agent connected within a couple of seconds.
  • 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.
  • LunarCapital places a strong emphasis on trader education, understanding that informed traders are more likely to succeed.
  • The company is comprised of a dedicated team of professionals with extensive experience in the financial industry.
  • However, potential clients should carefully consider the quality of customer support and the availability of educational resources before choosing LunarCapital.
  • While the broker does not offer phone support or automated bots, the availability of live chat and email ensures that most issues can be resolved quickly and effectively.

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 is regulated by the Cyprus Securities and Exchange Commission (CySEC) under FX Central Clearing Ltd, offering security for European traders.

Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. Accessing the MT4 or MT5 app through an LunarCapital account is also straightforward, requiring only three easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker. LunarCapital offers mobile trading apps compatible with both iOS and Android devices.

LunarCapital does slightly better with its educational content, which includes some basic e-books, articles, and a glossary of key terms. It was simple to complete the demo registration process within the client portal with the benefit of not having to complete any identity verification requirements. This is a much larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage.

Research Tools

Still, if competitive fees and fast execution are what you’re after, LunarCapital could be just the broker for you. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far.

These apps allow traders to manage their accounts and execute trades on the go with full access to MT4 and MT5`s features. LunarCapital’s ECN/STP model provides professionals, active traders, hedge fund managers and corporate clients with access to real time streaming and competitive prices directly from leading multibank liquidity providers. For traders who utilize automated trading strategies, LunarCapital offers a VPS Sponsorship Program. This program provides access to high-speed servers and uninterrupted trading through Virtual Private Server (VPS) hosting. By minimizing latency and enhancing order execution speeds, the VPS Sponsorship Program ensures that automated strategies operate smoothly and efficiently, maximizing trading performance.

The protection of the client’s investments is provided in multiple ways according to the regulatory requirements and setter rules, yet always depends on the particular jurisdiction. LunarCapital’s educational materials are of great value to beginners and intermediate traders, but with little to offer to seasoned traders. The broker’s content covers in-depth matters pertaining to technical analysis, fundamental analysis, and trading psychology. I especially appreciated the attention paid to adopting an appropriate trading mentality, which is of utmost importance for long-term success. Day traders with LunarCapital can benefit from MT4 and MT5’s high customizability and the broker’s low trading fees. You can trade on MetaTrader 4 or 5, and there’s even free VPS hosting for those who want low-latency or automated trading setups.