New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at Lunar Capital we never disappoint. Our clients can access the FX markets on all the preferred devices; mobiles, tablets, laptops, PCs and through using remote servers.
Is Lunar Capital Regulated?
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. Lunar Capital stands out as a solid broker choice for traders looking for a low-cost, regulated platform. 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, Lunar Capital provides a range of tradable instruments, though the absence of stock trading may be a limitation for some.
Fast and Friendly Support
- Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD.
- Lunar Capital’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets.
- Additionally, some platforms are now offering carbon-neutral trading options, where the environmental impact of transactions is offset through green initiatives.
- Our team is happy to see that Lunar Capital does not impose any trading restrictions, meaning strategies such as hedging and scalping are viable.
- While this type of fee is not unusual, Lunar Capital imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months.
- Our preferred partner for accessing the markets is MetaQuotes Software Corporation, the creators and developers of the world renowned, award winning and most popular FX trading platform there is, MetaTrader 4.
Customer service operates 24 hours a day, Monday through Friday, allowing traders to access assistance during market hours. Lunar Capital offers mobile trading apps compatible with both iOS and Android devices. These apps allow traders to manage their accounts and execute trades on the go with full access to MT4’s features.
- Access your Lunar Capital MT5 trading account directly from your browser — no installation required.
- At Lunar Capital we often use a motto that we have adopted over the years; “from small acorns great oaks will grow”.
- The broker provides access to CFDs (Contracts for Difference), which allow users to trade a wide range of markets without owning the underlying assets.
- Additionally, some may worry that prioritizing environmental factors could limit their profit potential.
- Launched in 2006, the MetaTrader 4 MultiTerminal is a now a respected and revered component of the MetaTrader 4 Online Trading Platform.
I also find the FAQs section on the website a useful way to solve basic queries. Our team is happy to see that Lunar Capital does not impose any trading restrictions, meaning strategies such as hedging and scalping are viable. I do feel slightly let down that the Lunar Capital demo mode is limited to 30 days, but I found that you can simply open another demo account after the first one expires. These are useful resources, but Lunar Capital still lags some behind industry leaders like eToro with its comprehensive forex education academy.
Trading Fees
As more investors demand ethical and eco-friendly options, Green Forex is becoming a key trend in the trading world. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support.
Clients can open a ECN XL account with only $100 and enjoy the same level of dedicated full support and service as if they are a VIP client. You will be able to take advantage of the ECN/STP model of forex trading we helped to pioneer. Whether you are facing technical issues, account-related queries, or need help with your trading platform, Lunar Capital’s support team is prepared to assist promptly.
Versatile Broker with Competitive Spreads
Research countries with strong environmental policies and consider incorporating their currencies into your portfolio. You can also explore green financial instruments, such as bonds or funds that support eco-friendly projects. By making small changes to your trading habits, you can contribute to a more sustainable future while still achieving your financial goals. The account stands out as a competitive option for traders of all experience levels.
Demo Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. MetaTrader 5 is the next-generation trading platform, designed https://lunarcapital.net/ to offer a superior trading experience across a wide range of financial instruments. MT5 includes its own robust programming language, MQL5, enabling you to build your own trading robots and custom tools.
It supports 21 timeframes per financial instrument, giving traders even deeper insight into price dynamics. With a built-in library of 38+ technical indicators and 44 graphical objects, MT5 helps you analyze price movements, spot trading opportunities, and optimize entry and exit points. You can even open up to 100 charts at the same time, tailoring your workspace to your strategy. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development.
On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders. The European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business. I find Lunar Capital’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours. I am satisfied with Lunar Capital’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. Lunar Capital uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee.
The Lunar Capital MetaTrader 4 Broker software transmits information to and from the markets on 128-bit encrypted connections. In addition to this, Lunar Capital also offers the possibility to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time. The world of forex trading is evolving, and one of the most exciting developments on the horizon is Green Forex. As the global focus shifts toward sustainability, the financial markets are no exception. Green Forex represents a new way of trading currencies that not only aims for profit but also considers the environmental impact of investments.
The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read. Clients can also download a range of ebook PDFs for free that go into further detail on strategizing and online trading. Having tested hundreds of forex brokers, I feel that the Lunar Capital’s education section is fairly average, with a decent range of materials available but nothing that stands out. Although Lunar Capital does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS). This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on Lunar Capital.
Licensed under CySEC, MiFID, and MISA, Lunar Capital provides competitive spreads starting from 0 with no trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options. Lunar Capital is an excellent low-cost choice for beginners due to its decent range of educational resources and free demo account – a great way to build up experience before trading with real capital. The $0 minimum deposit also makes the forex broker accessible for new traders. Lunar Capital’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets.