We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, LunarCapitalFX would be a top choice. LunarCapital is a broker that has operated for over 10 years and has been expanding during this time. It is a global company with several entities responding to different regulatory needs.

However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool. LunarCapital offers more than 300 trading instruments across its accounts, including 52 Forex pairs and 277 CFDs, encompassing indices, commodities, and cryptocurrencies. Additionally, approximately 30 cryptocurrency assets are available (also during weekends). Withdrawals must be made using the same methods as deposits, meaning all available deposit methods can also be used for withdrawals.

One key factor distinguishing LunarCapital is that it does not charge swaps. LunarCapital (LunarCapitalFX) is an international forex broker that offers a variety of trading services across multiple asset classes, including forex, commodities, cryptocurrencies, stocks, and indices. LunarCapital is geared towards beginner and intermediate traders, providing user-friendly platforms such as MetaTrader 4, MetaTrader 5, and its proprietary LunarCapitalTrader. It also facilitates copy trading services and offers extensive educational materials.

Tailored for All Traders

Once approved you can expect the funds to be in your bank account/wallet within 30 minutes which is extremely good service in my opinion. The LunarCapitalTrader has the least options for technical analysis too with 19 indicators, 11 drawing tools, and 7 timeframes. However, after testing I found the platform covered the top indicators like volume and moving averages along with Fibonacci retracement tools.

LunarCapitalFX provides more information about its operational risk management than it does about its regulatory framework. One suggested improvement is for the site to be more transparent when sharing information regarding regulatory client protection. It’s possible to access the LunarCapital services while on the move by using the LunarCapitalTrader app, MetaTrader app or through internet browsers. During our testing, we did find that when we scaled up into maximum position size, we were able to get very close to using up our maximum margin capacity when executing. This is an observation rather than a criticism as it just demonstrates the way the site allows aggressive trading strategies to be carried out.

A quick comparison of different accounts offered by LunarCapitalFX

For traders who are either inexperienced or lack the time to manage their trades, LunarCapitalFX offers a copy trading feature. This allows users to follow and copy the trades of professional traders with a proven track record. This can be an excellent way for new traders to gain experience without needing to actively trade on their own. Additionally, cTrader offers an integrated community chat feature, allowing traders to share trading ideas and insights. The cAlgo feature of cTrader is perfect for algorithmic traders, enabling them to build, test, and deploy automated trading strategies.

• The most popular platform offered by LunarCapitalFX is MetaTrader 4 (MT4), which is known for its versatility and compatibility with automated trading systems.
• Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at LunarCapitalFX, and what they can provide you with.
• While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect.
• They are LunarCapitalTrader, MetaTrader 4, MetaTrader 5, Islamic Accounts, and Demo Accounts.

In our review, we only had the option to use Neteller, Skrill, and cryptocurrencies. Even after verifying our identity, those were the only methods available to us. We consulted customer service, and they confirmed that these were the available methods for our accounts. The demo account lets you test the platforms while practising trading in a risk-free trading environment using virtual currency.

ECN Execution Review

Today, the firm serves customers across 100 countries, and has opened up around 300,000 accounts with an impressive https://lunarcapital.net/ daily volume of $4bn. The broker also offers a demo account, which is essential for beginners who wish to practice trading before committing real money. LunarCapitalFX operates under several regulatory authorities to ensure that traders are protected.

LunarCapital Account Conditions Score

Opening an account with LunarCapital is done online with a few simple steps which enable you to set up a real or demo account. The process also gives you plenty of information about trading in forex markets. NBP — the LunarCapital management/trade order system ensures that the client cannot lose more than the initial deposit in their account. Even if a position ‘gaps’ in extreme market conditions, then the client will lose the funds in their account by no more than that. A lot of brokers consider them mutually exclusive, so only offer one, if any at all.

Entry and exit orders were executed as intended, with only minor slippage observed. Limit orders were adjusted almost exactly to the specified price without jumps, though a small percentage of stop orders did experience some variation. During certain events, LunarCapital offers a bonus where you can claim up to a 100% deposit bonus. One question that arises during the review is what happens with the bonus (credit) if the account balance falls below zero.

LunarCapitalFX Islamic Account

It offers commission-free access to financial markets and a variety of services already utilised by clients from 160 countries with more than 42 million trading accounts. LunarCapitalFX offers a variety of payment methods for both deposits and withdrawals, ensuring that traders have multiple options to fund their accounts and withdraw profits. The ECN Account is designed for professional and high-volume traders. It offers access to the interbank forex market, providing the best available liquidity and raw spreads starting from 0 pips.

• These typically take 1 day to process or less, though a wire transfer may take longer.
• The best part is that most of the content is free of charged and can be viewed on the firm’s website.
• We do not provide investment advice or solicitation of any kind to buy or sell any investment products.
• The cTrader platform will give you STP access and offers some of the tightest spreads in the market.
• We would also support the site’s claim that full resolution was achieved within three minutes.

Other trading platforms

Using LunarCapital allows clients to trade in micro and mini lots on its platforms, which is particularly beneficial for new traders or those seeking a more cautious approach in their risk-management strategy. We made the deposit through Tether via the TRC20 network, which has the lowest fees. In this case, the network charges 1 USDT, and LunarCapital does not impose any additional fees. While there is no minimum deposit from the virtual wallet, LunarCapital advises that the minimum deposit using this method is 50 USDT. The network charged a fee of 1 USDT, and the remaining amount was credited to our account in USD within minutes. For those familiar with cryptocurrency wallets, this process is very simple and quick.

This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. LunarCapitalFX offers flexible leverage options, allowing traders to amplify their positions. The leverage varies depending on the instrument being traded and the account type.

We’d also like to inform you about our Invite a Friend program, where you can earn commissions once your referred friends start trading with LunarCapital. It’s a great way to grow together with your community.To stay updated with the latest news and promotions, feel free to follow us on our social media platforms. Should you have any further questions, don’t hesitate to contact us via live chat or email at — we’re always here to help!

Finally, LunarCapital offers free educational resources such as articles and video tutorials. For more experienced traders, LunarCapital provides advanced analytical tools, including charting capabilities and various technical indicators. LunarCapital platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. This LunarCapital review aims to give a clear view of the broker and its services.