In this comprehensive review, we’ll delve into the key features, trading conditions, and overall user experience that define LunarCapital as a brokerage choice for traders seeking precision in the forex markets. 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. I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers. The technical support is good and it is noticeable that there are competent guys working. LunarCapital offers a variety of convenient deposit options, ensuring that traders can fund their accounts quickly and efficiently.
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. On the negative side, there is a slim selection of trading platforms with access to MetaTrader 4 (MT4) only. Our team is also disappointed by the withdrawal fees and weak regulatory oversight through the offshore branch. The very first thing I noticed when I started trading with the ECN XL account was the instant execution. I was trading with another broker https://lunarcapital.net/ previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed.
The LunarCapital Ecn xl account is a finding…
Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar. You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts. This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders. LunarCapital provides access to the widely popular MetaTrader 4 (MT4) platform, known for its reliability and advanced trading features.
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- This is especially true if you plan on trading physical cryptocurrencies or any of the commodities traded through CFDs.
- LunarCapital runs bonus offers in certain jurisdictions, and when I opened an account with the global entity I was offered a 100% deposit bonus up to $2000.
- The global trader can easily communicate and get qualified help from the broker due to multilingual support, which in turn helps to improve the ratings of LunarCapital.
- Quotes remain sourced from multiple liquidity providers and matched for the best possible execution.
Processing times for withdrawals via cryptocurrencies and e-wallets typically range from 1 to 24 hours, while card withdrawals might take several business days, and PayPal withdrawals are processed within 48 hours. For full transparency, all withdrawal fees are outlined in detail in the table below, allowing traders to review costs before choosing a withdrawal method. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. LunarCapital offers various account types for both experienced and new traders. Each account has different minimum deposits, leverage, and the number of trading instruments.
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While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. Yes, LunarCapital is regulated by reputable financial authorities, including the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority (FSA) of St. Vincent and the Grenadines. These regulatory bodies impose strict guidelines and standards that LunarCapital must follow, ensuring the broker operates with integrity and transparency. Additionally, LunarCapital holds licenses in multiple jurisdictions, providing a significant level of oversight and protection for traders. A responsive and knowledgeable customer support team is a hallmark of LunarCapital. Traders can access assistance via live chat, email, or phone, ensuring prompt resolution of queries.
It is the security and speed of transaction processing that also contributes to high ratings of brokerage services. 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. Where every review is more than just words – it’s a trader’s compass. Broker Judge, guiding you through the forex market with clarity and expertise.
- Like, they dont lure you in with leverage, dont create 15 account types.
- The spreads are very tight starting from 0.4 I enjoy trading news sometimes and they allow it as well.
- No, LunarCapital is a legit broker with regulatory oversight from the VFSC and the CySEC.
- I’ve also read much of the educational content and was struck by its bland delivery with long-form text and limited videos or engaging elements like quizzes, all of which could elevate the learning experience.
This commitment to security helps to instill confidence in traders who seek reliability and transparency. While the absence of additional security features could be a consideration for some, LunarCapital’s adherence to reputable regulatory bodies and the careful handling of client funds make it a trustworthy platform for traders. The account stands out as a competitive option for traders of all experience levels.
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LunarCapital is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC, MiFID, and MISA, LunarCapital 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. 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.
As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. LunarCapital utilizes two-factor authentication (2FA) to prevent fraud and secure accounts, adding an essential layer of protection for all users. Furthermore, the broker ensures that client funds are stored in Tier 1 banks, safeguarding these assets from potential risks.
Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. LunarCapital occasionally introduces other bonuses and promotions, which have included a $50 LunarCapital no deposit bonus or annual interest on free margin. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.
However, traders seeking stocks or deep education and market research will need to look elsewhere. Also, the offshore regulation for non-EU traders and expensive withdrawal fees are notable drawbacks. One of these platforms’ biggest advantages are their support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed. T’s important to note that while LunarCapital offers educational resources, they may not be as comprehensive or engaging as those provided by some other brokers.
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This ensures compliance with legal standards and helps traders understand any specific limitations that may apply to their region before opening an account. Regular deposit bonuses are available to both new and existing traders. These bonuses offer additional funds based on the amount deposited, enabling traders to increase their trading capital and potentially enhance their trading outcomes. LunarCapital frequently updates its deposit bonus offers to align with market trends and trader needs, providing ongoing opportunities for enhanced trading capacity. New traders can take advantage of LunarCapital’s generous Welcome Bonus, which provides a percentage bonus on their initial deposit. This bonus is designed to give new traders an extra boost as they start their trading journey, allowing them to explore more trading opportunities without risking additional capital.
The combination of educational tools and a well-regulated environment makes LunarCapital a reliable option for traders looking to expand their knowledge while maintaining secure trading conditions. LunarCapital’s live chat feature offers instant access to customer support, allowing traders to receive real-time assistance directly from the trading platform. Available 24/5, the live chat service is perfect for quick questions, troubleshooting, and immediate help with trading operations. This convenient support option ensures that traders can continue their activities without significant interruptions, benefiting from the swift and efficient help provided by LunarCapital’s knowledgeable support agents.
You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. LunarCapital Forex broker provides a range of educational resources to help traders improve their knowledge and skills. More you will get daily forex technical analysis by forex experts, and forex news. LunarCapital offers reliable customer support to assist traders with any questions or issues they may encounter. The broker provides live chat and email support, ensuring that help is readily available.