The one-click trading option can be seen at the top-left corner of the image below. You can also see how to choose between market orders and pending orders. As shown above, the problem with MetaTrader is that the charts can be crowded quite easily, even when we add no more than 2 indicators. This obscures price action behavior and makes it more difficult to conduct probing technical analysis. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.
Trading Fees
31 Jan 2023Raymond CampbellNo need to review this broker properly, because traders should try trading with it on their own. There is one main account, one trading platform and it’s even better than bunch of platforms and accounts that require a lot of time for researching. Lunar Capital is generally considered a reliable and trustworthy broker, especially for experienced traders. However, potential clients should carefully consider the quality of customer support and the availability of educational resources before choosing Lunar Capital. Lunar Capital provides access to the widely popular MetaTrader 4 (MT4) platform, known for its reliability and advanced trading features.
Execution
My journey with Lunar Capital began three years ago when I was still a student, green to the intricacies of the market. Back then, trading was an alien landscape, and I was in dire need of a platform that could nurture and educate me. Lunar Capital stood out, not just because of its affordable minimum deposit of $100 � which is indeed approachable for https://lunarcapital.net/ novices � but also because of the support system they had in place.
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Lunar Capital’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.
Forex Accounts
I guess it’s better to have one or two accounts, rather than four or five. 3 Sep 2022Baltej ShankarThere are so many options to use when making a deposit with this broker. Although, as I was depositing in cryptocurrency, it incurred charges which were not necessarily from the broker. But crypto simplifies international transactions, which is why the broker supports it.
- Lunar Capital does not have a proprietary mobile app, though MT4 and MT5 can be downloaded to Android and Apple devices.
- The platform is equipped with advanced analytical tools, including technical indicators and charting features, to help traders analyze market trends and make strategic trading decisions.
- But I opened an account under the influence of the reviews, which told me about the quality of performance.
- If you are a scalper you will benefit from tight spreads and appreciate the absence of commission.
- MT4 mobile app can be accessed on the go on both Android and iOS devices and affords quick and easy access to the market.
- 31 Jan 2023Raymond CampbellNo need to review this broker properly, because traders should try trading with it on their own.
Lunar Capital ECN XL account holders pay no commissions to trade any supported asset. Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. Lunar Capital provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads.
- Plus Lunar Capital gives VPS service that can be free if you meet the certain requirements.
- I also find the FAQs section on the website a useful way to solve basic queries.
- Lunar Capital does not have a minimum deposit requriement, charges very low trading fees, and also offers extensive educational and research materials.
- The speed is not bad as well it was processed in a few days.
Lunar Capital works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. Still, Lunar Capital has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements. Lunar Capital 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 Lunar Capital corporate accounts.
Stock indices trading
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. I’ve been trading with Lunar Capital for several months straight, and I can claim that conditions here are pretty remarkable.
Lunar Capital welcomes traders from a wide range of countries across the globe, offering its services to a diverse international client base. However, certain regions may face restrictions due to regulatory requirements or local laws. Traders are advised to visit the Lunar Capital website to verify whether their country is eligible for trading on the platform. This ensures compliance with legal standards and helps traders understand any specific limitations that may apply to their region before opening an account.
Lunar Capital is an ECN broker and only maintains one ECN account for all clients. It is unique as traders get a commission-free cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at Lunar Capital, and the overall product remains impressive. Five MT4 user guides and a Forex glossary section are also available. Lunar Capital offers beginner traders a sound educational offering from where traders can expand.
Lunar Capital offers variable spreads that differ based on the account type and the financial instrument being traded. Major currency pairs, such as EUR/USD and GBP/USD, typically enjoy tighter spreads, especially on Premium and VIP accounts. For example, the EUR/USD spread can be as low as 0.3 pips on the VIP account, providing significant cost advantages for frequent traders. While spreads are slightly wider on Standard accounts, they remain highly competitive, making Lunar Capital an appealing choice for traders of all levels.
Lunar Capital offers a clear and uncomplicated fee structure across all account types, charging no commissions or swaps on certain accounts, while others may have minimal fees based on trading activity. Instead, traders are primarily required to pay competitive spreads, which vary depending on the instrument and account type. Premium and VIP account holders enjoy tighter spreads, making these options especially attractive for high-volume and frequent traders. Standard account holders also benefit from competitive spreads, ensuring that even beginners can trade cost-effectively. This transparent pricing model allows traders to easily understand their costs upfront. The details of the spread structure are elaborated in the next section.
Market Resources
IDK, i like conditions, i like the platform and their ECN XL acc, but history of the company is unmatched, to be honest. With fast processing times and no deposit fees, Lunar Capital makes it easy for traders to manage their funds efficiently. 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. Lunar Capital offers traders the core MT4 trading platform without third-party upgrades.
For those who are new to trading or prefer to adopt a more cautious approach, Lunar Capital offers the option to work with a virtual account. This is an excellent way to gain familiarity with the platform and the dynamics of trading without risking real money. The virtual account is a practical tool for honing skills and strategies, making it a valuable feature for beginners and experienced traders looking to experiment with new approaches.
Yeah, I have never heard of this broker before but it has positive reviews, at least, the number of negative ones is way smaller. I got hooked by the complete absence of hiden fees and transparent pricing system. Spraeds start from zero pips, but ofc they aren’t that tight. 12 Jul 2024William BellLunar Capital provides a lot of trading materials for us and I think it is a good opportunity to learn something more about trading and financial markets. For example, I found a lot of new things about roll over, slippage, margin, major economic indicators, what is ECN account and many other things. If you want to be successful in the trading field, you gotta pay more attention to education and after that you will be profitable, guys.