I think the client dashboard and website could do with an overhaul though – they are pretty dated. It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. Since I was the only person in the queue, an agent connected within a couple of seconds. I proceeded to ask a series of questions about LunarCapital’s general offering, customer support, margin policy, trading fees, and more, and received quick and satisfactory answers in all cases.
Additionally, traders have access to real-time market data and analysis to help them make informed decisions. 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. The company is comprised of a dedicated team of professionals with extensive experience in the financial industry. Not all pairs are as cheap; GBP/USD has a 1-pip spread, costlier than Fusion Markets’ 0.3 pips.
That said, LunarCapital has made notable improvements since my last review, especially in fee structure and execution quality. Overall, I consider LunarCapital a strong choice for cost-conscious traders who value speed and simplicity. The broker could improve its offering by including video content, such as periodic webinars and platform tutorials. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.
You can trade on MetaTrader 4 or 5, and there’s even free VPS hosting for those who want low-latency or automated trading setups. LunarCapital’s ECN XL account is a nice touch—it mixes raw spreads with zero commissions, giving traders a solid pricing edge. With fast processing times and no deposit fees, LunarCapital makes it easy for traders to manage their funds efficiently. LunarCapital’s desktop trading platform is MT4 and MT5, available for Windows and Mac. This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders.
Once these steps are completed, traders can access their account and begin trading immediately. LunarCapital applies a spread-based fee for forex trades, with no additional forex-specific charges. Our team is always available to guide you through your trading journey, offering https://lunarcapital.space/ seamless customer support and personalized assistance whenever you need it.
Both brokers give Forex traders an excellent offer with 70+ currency pairs, where Forex.com leads in quantity and LunarCapital in leverage. LunarCapital fails to offer equity trading, while cryptocurrencies are absent from Forex.com. While neither broker maintains a broad choice of commodities, LunarCapital comes out ahead here.
The broker’s content covers in-depth matters pertaining to technical analysis, fundamental analysis, and trading psychology. I especially appreciated the attention paid to adopting an appropriate trading mentality, which is of utmost importance for long-term success. Day traders with LunarCapital can benefit from MT4 and MT5’s high customizability and the broker’s low trading fees.
LunarCapital’s ECN XL account combines commission-free trading and raw spreads from 0.0 pips, offering extremely favorable conditions in some cases. The account also does not have a minimum deposit requirement, making it very affordable. LunarCapital provides access to the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for its reliability and advanced trading features. The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders. LunarCapital offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes.
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. However, they are still powerful platforms that will provide everything needed for experienced traders to conduct technical analysis while also being intuitive enough for beginners to pick up easily. The 70+ currency pairs provide a wider range than many competitors. 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. On the downside, LunarCapital supports accounts in just a few currencies (USD, EUR, GBP), with USD only for wire transfers.
Anyway, after reading some reviews I decided to give it a shot and signed up for this company. To my surprise everything was better than I expected, I didn’t have any problems with the registration process. I used the live chat function on several occasions and received timely responses in a few minutes each time.
The most notable is its ECN XL account, which provides spreads starting from 0 with no trading commission, a rarity in the industry. This low-cost trading environment is particularly appealing to traders looking to minimize expenses on high-frequency trades. LunarCapital places a strong emphasis on trust and security for its users. 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.
For traders specifically interested in copy trading, it may be worth exploring other brokers that offer this feature. It’s always advisable to check LunarCapital’s official website or contact their customer support for the most up-to-date information on available features and services. LunarCapital is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. LunarCapital works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. LunarCapital is a forex and CFD broker based in Cyprus, established in 2010.
This is a much larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage. This is essentially free credit that can be used for trading purposes, and I was pleased on this occasion that there were no minimum trading requirements. I only really missed having PayPal available since this industry leader is one of the most widely used e-wallets and is accepted by rivals, including XTB and IG.
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