LunarCapital Trader is LunarCapital’s proprietary advanced trading platform, designed for an intuitive and efficient trading experience. It includes advanced order management, real-time market data, customizable layouts, and seamless integration with LunarCapital’s trading infrastructure. LunarCapital Trader offers enhanced features such as one-click trading, advanced charting tools, and real-time analytics, making it an excellent choice for traders seeking a modern and powerful trading interface. The platform is optimized for both desktop and mobile use, ensuring that traders can manage their accounts and execute trades with ease, regardless of their location. The diversity of financial instruments which this company offers to customers is really huge.
This broker is trustworthy
- CySEC is a top-tier regulator that helps ensure LunarCapital follows strict business standards and implements safeguards like negative balance protection and segregated client funds.
- Broken down by asset class and compared to the industry average, LunarCapital offers extremely low forex and indices spreads.
- Additionally, its relatively narrow selection of tradable instruments limits traders interested in long-term exposure.
- 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.
LunarCapital operates on a spread-only model, with spreads starting as low as 0 on major currency pairs. In my experience, there has never been a more accurate execution of orders. STP/ECN technology.But it is necessary to be honest and to talk about disadvantages. Got in here thanks to a friend saying its the best forex broker.But no, they offer so much more than just forex.The conditions, the assets, the flexibility, all here man. Theres hugue adnvantage in trading in this brokers platform.
Customer Support
About trading, it has been the same since I signed up and I like it just like that, spreads are very low on some pairs, and leverage is high. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. I am not sure that this broker the most famous among traders. But that not why I liked it.It have really good trading conditions that suited me. Recently, they removed a $2,000 credit from my account without any prior notification, which triggered a margin call. To make matters worse, the margin call occurred less than 2 hours after the credit was removed, leaving me no time to react.Had I been informed, I would have funded my account to avoid this drawdown.
I’ve been trading with LunarCapital for over 2 years and it was the right choice to join them. Their pricing model on trading conditions is one of the best, but at the same time they have to improve their customer service and the platform to become a number one in the trading space. I’ve seen lots of complaints from other traders in reviews about the absence of the MT5.
- Some features and services may vary depending on where you reside.
- The LunarCapital Trader Mobile Platform offers traders full access to all trading instruments and tools without the need for any downloads.
- It’s a small thing, but it adds up to form the overall experience with a company.
- Brokers require tons of resources to create accounts diversification.
- I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions.
- LunarCapital offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs.
Is LunarCapital A Good Or Bad Forex Broker?
LunarCapital applies a spread-based fee for forex trades, with no additional forex-specific charges. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Scalping, algo trading, swing trading the broker doesn’t restrict you. I really started to like this straight through processing thing. The broker does not intervene, and I even get better prices than I envisioned often.
Besides the very frustrating withdrawal charge, LunarCapital’s non-trading fees include a $5 inactivity fee charged after 120 days of dormancy. In our experience, the 0.2-pip average spread on EUR/USD is far tighter than most commission-free accounts, which regularly charge 1 pip or more for this major pair. LunarCapital’s investment offering is excellent for forex traders but weak in other departments.
I think that it will be fair to say that the broker provides one of the best cost efficiency on the forex market. I compared the pricing of the major currency pairs with all the renowned forex brokers and they were on the same level, and sometimes even lower.2. Especially if you are a trader who has some experience already and knows some stuff.As the downside of the broker I think I would say that it’s the scarcity of trading instruments.
Features:
The speed of transfers varies according to the payment method used. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so. On the downside, LunarCapital’s high fees for most withdrawal methods are a disadvantage. The $30 – $45 charges are way above brokers such as eToro, which only charges $5, and many brokers we evaluate that offer free withdrawals.
Trading Hours
Additionally, bank transfers are available for withdrawals, providing more flexibility for traders. Withdrawal fees may vary depending on the method and region, but LunarCapital ensures that they remain minimal. For full transparency, all withdrawal fees are outlined in detail in the table below, allowing traders to review costs before choosing a withdrawal method. For more detailed information, you can visit the LunarCapital website. LunarCapital offers a variety of convenient deposit options, ensuring that traders can fund their accounts quickly and efficiently. Deposits are typically processed within minutes, if not instantly.
Unique Features
There are no commissions and tight spreads sourced directly from liquidity providers. While testing LunarCapital, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips. LunarCapital 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.
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. 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. LunarCapital works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. 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.
This kind of behavior feels unethical and seems designed to make customers lose their money.I strongly advise potential users to be cautious and consider these practices before trusting LunarCapital with your investments. 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. 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.
Trading Restrictions
This is the broker I have used with the most favorable trading conditions I’ve used. The broker is seemingly simple, one account, one platform, but it is powerful. The broker has gained my trust for the time I work with it. For me reliability is of supreme importance, while trading conditions are secondary. If you work intraday, you should appreciate commission-free trading.
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 has been operating since 2010 and stands out for its highly competitive trading fees and fast order execution. The broker offers around 100 CFD instruments, all accessible through the MetaTrader 5 platform. LunarCapital provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to https://lunarcapital.world/ both beginner and experienced traders, offering valuable insights into market trends and strategies. 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.
LunarCapital operates on a hybrid STP/ECN model, whereby client orders are either routed to the broker’s pool of liquidity providers or matched electronically using electronic communications networks. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with LunarCapital please share your personal review of the broker and what you think are strong and weak points.