However, profits can only be withdrawn to a bank account or a crypto wallet. Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor.
- It’s important for LunarCapital traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks.
- At first, I wouldn’t say I liked the small selection of cryptocurrencies, but I appreciated them when I took a deep look at their trading conditions.
- On the negative side, there is a slim selection of trading platforms with access to MetaTrader 4 (MT4) only.
- With the ECN and STP execution methods offered by the platform, traders using LunarCapital can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
- All payments made to LunarCapital by traders are securely held in a segregated bank account.
Mainly positive reviews
This is a high-risk investment and you should not expect to be protected if something goes wrong. 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. 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.
LunarCapital Guide – Read our In Depth 2025 LunarCapital Review
There are some videos on youtube that explain the specific features. Yes, the terminal in this company is perfectly adapted for mobile devices. So feel free to download the mobile app to your device and trade in LunarCapital.The main thing is to have access to the terminal at any time. Because sometimes the market changes very rapidly and you need to assess the situation in time. However, leverage should be used smartly as it increases the power of looses as well. LunarCapital is not a scam but a regulated by Cyprus Securities and Exchange Commission (CySEC) company considered low risks trading broker.
I think the client dashboard and website could do with an overhaul though – they are pretty dated. 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. The company is comprised of a dedicated team of professionals with extensive experience in the financial industry. LunarCapital uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe. Furthermore, all client funds are held in accounts with major international banks and kept segregated from LunarCapital corporate accounts. LunarCapital provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads.
Technical Analysis
As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients. While many forex traders are familiar with the MetaTrader 4 software, which allows for expert advisors that can automate your trades, no other trading platform is offered. If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. Mostly concentrating on forex and CFDs, LunarCapital provides a range of tradable assets that might suit many traders who prefer trading of Forex.
Trade LunarCapital MetaTrader 4 on iOS Devices
To provide the most customer centric proposition in the industry. We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market. LunarCapital’s main objective is to empower its clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey. The broker uses an electronic communications network (ECN) and straight through processing (STP) model, which provides competitive exchange rates and real time streaming directly from top multibank liquidity providers. This type of trading model levels the playing field with more transparency and a greater degree of control over your trades.
In reality, many of these services disseminate misleading or false information, resulting in financial setbacks for traders. The significance of identifying and sidestepping Forex scams cannot be overstated. The consequences of falling prey to these schemes extend beyond financial losses, tarnishing the reputation and trust of traders. Safeguarding oneself against these threats ensures a secure and fruitful trading experience. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
- To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by LunarCapital terms and conditions.
- 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.
- Under its ECN XL account, LunarCapital charges no trading commissions; it depends on competitive spreads to make money.
- Established in 2010, LunarCapital is a regulated broker providing forex, CFDs, commodities, and cryptocurrencies, among other trading instruments.
- LunarCapital broker delivers dedicated support by the professional team and good trading environment based on quality technology.
LunarCapital is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. LunarCapital works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. LunarCapital ECN XL account holders pay no commissions to trade any supported asset.
Being an offshore zone Vanuatu does not define strict obligations to its financial registered firms, which may be a risky investment in case firm is only based there. However, since LunarCapital additionally authorized by the European regulator it is considered to be safe trading with them. Learning from experienced traders and seeking advice from mentors or trading communities helps navigate the complexities of the Forex market. Evaluation of a broker’s trading performance, including execution speed, spreads, and slippage, reveals potential irregularities. Unscrupulous brokers engage in manipulative practices, such as price manipulation, slippage, or execution speed alterations, to the detriment of traders.
However, according to the payment method the minimum amount ma vary from 50 to 100$ per transaction so be sure to check those conditions, which we find slightly different in each LunarCapital entity too. LunarCapital offers a range of handy deposit options to suit traders’ requirements. Instant funding for users’ accounts comes from bank wire transfers, Visa, Mastercard, Skrill, Neteller, and cryptocurrencies, also Neosurf, SOfort, Rapid, paysafecard, Neosurf, Yandex, Boleta, UnionPay and much more. 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.
Still, the payment method followed affects the withdrawal fees. While other online payment systems like Neteller and Skrill have a set 2.7%, but bank wire transfers cost between $30 and $ 45. Established in 2010, LunarCapital has become known as a dependable broker in the forex trading space, regulated by the EU authority in Cyprus it provides reliable trading conditions overall. For a final thought, we see LunarCapital as a company that gives an opportunity to engage in trading with the STP/ ECN model and quotes provided directly by the liquidity providers. The broker designed various accounts with comprehensive features and different minimum deposit requirements that allows traders of different levels to start trading in LunarCapital conveniently.
Scammers often resort to high-pressure tactics, pushing individuals to make impulsive investment decisions. Pump and dump schemes involve artificially inflating the price of a currency through false statements. Perpetrators profit by selling their holdings at the peak, causing subsequent financial losses for other investors. Avoid personal information and enable two-factor authentication (2FA) when possible. Use external drives disconnected from your computer or trusted cloud services.
Based on the MetaTrader 4 and 5 platforms, the LunarCapital MobileTrader app offers customers a strong trading experience on demand. 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. Benefiting from the same competitive spreads and execution speeds on the desktop platform, users may efficiently execute trades with only a few taps.
On the surface, this is an ideal offering that provides the best of both worlds, though in practice we found some instruments pricier than others, so you shouldn’t expect superior pricing across the board. 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. Depending on the scope of your trading and the assets you plan on trading, LunarCapital might not meet your needs.
To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee. 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. Like, they dont lure you in with leverage, dont create 15 account types. They dont have their https://lunarcapital.net/ own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far.