Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit. 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.
Another bonus for us is the $0 minimum deposit and 0.01 minimum lot size, which makes LunarCapital more accessible than forex brokers such as Plus500 and AvaTrade, both requiring a minimum deposit of $100. Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with LunarCapital. Practice your forex trading skills or test new strategies with zero investment. LunarCapital Terms and Conditions outline the rules governing the use of their trading platform and services. Key points include account opening requirements, risk disclosures, trading restrictions, fees and charges, and dispute resolution procedures. Clients are advised to carefully review the full T&Cs before engaging with the platform to understand their rights and obligations.
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EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees. The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive. LunarCapital responsibly maintains a solid regulatory framework and comply fully with financial laws as an authorised and regulated broker. LunarCapital can deposit and withdraw funds through bank transfers, debit/credit cards, and e-wallets.
Please note that the information on our website is for informational purposes only. Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions. For instance, anyone registering from a CySEC regulated region is not able to accept a bonus. I rate LunarCapital’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me.
Flexible Account Options
Traders of all levels can deepen their knowledge through a variety of educational resources. Daily technical analysis is updated on the website with the latest information and a successful retest of the next momentum. LunarCapital is registered in Vanuatu with registration number and regulated by the VFSC and CySEC. LunarCapital is also registered in 26 European Union countries under the Markets in Financial Instruments Directive (MiFID). LunarCapital’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size.
It is a liquid pool of institutional partners providing true https://lunarcapital.net/ market quotes. LunarCapital is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) and operates under the EU Markets in Financial Instruments Directive (MiFID). CENTRAL CLEARING Ltd and regulated by Mwali InternationalServices Authority (MISA) as an InternationalBrokerage and Clearing Housewith Licensing Number BFX202408.
LunarCapital 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. LunarCapital offers a No-Dealing Desk (NDD) Forex brokerage service through genuine ECN/STP conditions, which are devoid of any conflicts of interest between LunarCapital and its clients. Forex trading is a high-risk financial product that has a large number of risks in the market due to the significant amount of volatility, high leverage, and a trader’s emotional factors. Therefore, professional traders usually avoid trading with any dealing desk brokers and prefer to trade with ECN/STP brokers that offer Direct Market Access (DMA) conditions for the best trading environment. LunarCapital is primarily a European Forex broker that launched its FX and CFD products in 2010.
- It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry.
- Yes, our LunarCapital review found that the broker is regulated by the FCA, BaFin, and CySEC.
- Clients with ECN Advanced Account (min. deposit $100.000+) can trade over 200 assets.
- LunarCapital’s main objective is to empower its clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey.
Check if the broker provides popular platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), Tradingview, ProRealTime, cTrader, or proprietary platforms. The latter is a custom-built platform that will usually bring in some exclusive features around the broker’s services. It has a powerful backtesting engine, real-time data, and a large range of drawing and analysis tools. CFDs, or Contracts for Difference, are financial derivatives that allow traders to make speculations on the change in price of underlying assets without owning them. Trading CFDs actually means you are entering into a contract with a broker to exchange the difference in the value of an asset from the time of opening and closing of the trade. Its proprietary platform may lack some advanced features for professional traders.
While St. Vincent & the Grenadines is an offshore zone with less strict financial regulations, LunarCapital is still considered safe to trade with due to its authorization by the European regulator. LunarCapital 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. Minimum deposits vary depending on account type at the LunarCapital forex broker. Our LunarCapital review discovered that ECN Standard accounts’ minimum deposit was $100, which ECN XL and ECN Advanced were $10,000 and $100,000 respectively.
- 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.
- LunarCapital offers various account types for both experienced and new traders.
- The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed.
- CENTRAL CLEARING Ltd and regulated by Mwali InternationalServices Authority (MISA) as an InternationalBrokerage and Clearing Housewith Licensing Number BFX202408.
Can You Make Money Trading Forex With LunarCapital?
They will have full regulatory compliance with reputable authorities, strong security measures, data protection, and fund segregation. Check the margin requirements of the broker, determining the capital required to open a position. Advanced charting, leading technical indicators, and risk-management tools are all first-class decision-making aids.
CFDs are traded on margin, meaning you can take control of a bigger position with less capital involved. This implies that your potential gains are higher, and so are your potential losses. An inactivity fee of $5 per month is applied after three months of no trading activity.
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The platform is subscription-based, with premium features available for those requiring institutional-grade tools. This commission is usually taken as a fraction of the value in trade or as a fixed rate. For example, a broker may charge 0.1% per trade or $5 per transaction. Diverse platform options, including proprietary FxPro Edge and mobile app. Opening an account with LunarCapital is a straightforward process designed to get traders started quickly.
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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. I am happy with the selection of fee-free funding methods accepted by LunarCapital, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay. This makes it easy for global traders to get started with the forex broker.
The company providing very good spread conditions with Commission $0. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. While we maintain editorial independence and carefully evaluate all options, featured companies in Branded articles compensate us for inclusion. While we strive to be comprehensive, the compensation we receive can influence the products, companies, or services we showcase and review.