Lunar Capital provides unparalleled account choices such as zero-fee ECN and competitive spreads, a subset with incredibly low costs. It is the feature of honesty in terms of pricing and execution that makes the customers interested and votes with plentiful positive reviews and ratings. The service provider is BeeksFX, but Lunar Capital clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots.

Traders’ #1 ChoiceECN XL Account

Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution. If you have experience trading with Lunar Capital please share your personal review of the broker and what you think are strong and weak points. But there is 0 dongs and https://lunarcapital.vip/ whistles, so, again, not everyone might like it. I feel like each one of us needs to find 1 broker he “clicks” with. Spreads are slightly higher on alternative products, while the withdrawal fee and inactivity penalty lower its fee rating somewhat.

Lunar Capital caters to a diverse range of traders by offering various account types, including Standard, XL ECN, and Advanced ECN accounts. Each account type comes with its unique features, allowing traders to choose the one that aligns with their trading preferences and strategies. The ECN accounts, in particular, provide direct access to liquidity providers, ensuring competitive spreads and minimal slippage. With MetaTrader 4 and MetaTrader 5, traders gain access to two of the most popular and powerful forex trading platforms in the world. Lunar Capital Forex broker provides a range of educational resources to help traders improve their knowledge and skills.

It is the security and speed of transaction processing that also contributes to high ratings of brokerage services. Lunar Capital holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. Clients may also use their Facebook or Google accounts to open an account. Since Lunar Capital is https://lunarcapital.net/ a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations.

Forex Trading Account Types

The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds. Its regulation contributes positively to its ratings for credibility and security. Lunar Capital are never charged any commission or fee for trading from their traders. However if we see its service like compatative spread and $0 commission for trading then we can forget fee.

Lunar Capital Minimum Deposits & Withdrawals

  • Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat.
  • In conclusion, Lunar Capital stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment.
  • I think the client dashboard and website could do with an overhaul though – they are pretty dated.
  • Lunar Capital has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework.

Lunar Capital lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. Lunar Capital supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. Lunar Capital transparently provides all necessary information on its website. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply.

Lunar Capital Alternative Brokers & Comparisons

Most traders are unlikely to require additional assistance unless of an emergency. Lunar Capital maintains one of the cheapest Forex cost structures available, with commission-free quotes from 0.0 pips or $0.00 per 1.0 standard lot for the most liquid currency pairs like the EUR/USD and the USD/JPY. The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage. Lunar Capital offers a comprehensive range of tradable instruments, including major and minor currency pairs, commodities, indices, and metals. This diversity allows traders to build diversified portfolios and explore various market opportunities, catering to both short-term and long-term trading strategies. ECN XL, also known as the ZERO account is one of the most cost effective trading accounts.

  • The very first thing I noticed when I started trading with the ECN XL account was the instant execution.
  • However, traders seeking stocks or deep education and market research will need to look elsewhere.
  • Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with Lunar Capital.
  • At the same time, both platforms are remarkably user-friendly, making them accessible even to relatively new and inexperienced traders.

With such a useful market analysis, we would love to see the section expanded to other pairs. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.

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. The company is comprised of a dedicated team of professionals with extensive experience in the financial industry. MetaTrader 4 and MetaTrader 5 are a series of advanced trading platforms designed by MetaQuotes Software Corporation a software development company established in 2000. Since its inception, MetaQuotes has built an unrivalled reputation for innovation, consistently delivering intuitive and powerful trading platforms, services, and solutions for market participants worldwide. The overall trading environment at Lunar Capital features a low cost structure and competitive asset selection, .

What trading platforms does Lunar Capital offer?

While an Lunar Capital no deposit bonus does not exist, Lunar Capital offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. Lunar Capital occasionally introduces other bonuses and promotions, which have included a $50 Lunar Capital no deposit bonus or annual interest on free margin. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports.

The company providing very good spread conditions with Commission $0. Lunar Capital offers traders the core MT4 trading platform without third-party upgrades. 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.

Lunar Capital has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework. If you have traded with Lunar Capital we would really like to know about your experience – please submit your own review. Lunar Capital does not have a proprietary mobile app, though MT4 and MT5 can be downloaded to Android and Apple devices. The mobile applications have proven to be stable and reliable during testing. The international subsidiary, on the other hand, operates with limited oversight, and this holds the broker back from achieving a higher score.

More you will get daily forex technical analysis by forex experts, and forex news. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The diversity of financial instruments which this company offers to customers is really huge. They have been running the business for over 14 years, so it seems they managed to add a lot of instruments for all this time.

The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. Lunar Capital can deposit and withdraw funds through bank transfers, debit/credit cards, and e-wallets.

These tools include VPS, SMS notifications, EAs, technical analysis, and trading tools. Additionally, the platform offers interest rates from global central banks. Lunar Capital provides free VPS (Virtual Private Server) access for stable, fast, and high-performance trading. This dedicated server can handle multiple platforms and accounts, run automated programs, and ensure smooth trading operations. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability.