On the other hand, the broker charges a handling fee for withdrawals and does not afford an alternative to MT4. FX CENTRAL CLEARING Ltd is a member of the Investor Compensation Fund, which was established to secure the claims of covered clients against a CIF in case that the company is unable to compensate the claims. The broker’s website is available in over 100 languages and provides all information necessary for trading. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. Here is a screenshot of the Lunar Capital quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Immerse yourself in the realm of unadulterated straight through processing and elevate your trading journey.
Brokers with lower minimum deposit requirements typically cater to a more https://lunarcapital.vip/ mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. Lunar Capital provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills.
Lunar Capital’s philosophy is rooted in a commitment to transparency, security, and regulatory compliance. Operating under a true STP/ECN model, Lunar Capital endeavors to provide the trading conditions that traders aspire to achieve, earning the respect and trust of our clients and ensuring their best interests are at the forefront. This approach guarantees unmatched transparency and eliminates any conflicts of interest. The ECN XL Account stands as one of the most economical gateways to forex trading. Access via our award-winning XL Account over the MT4 platform, accords traders of all expertise levels an optimal choice, enabling them to kickstart their forex trading under exceedingly competitive conditions. Utilizing the MetaTrader 4 and MetaTrader 5 platforms, Lunar Capital provides flexible trading systems, extensive technical analyses, algorithmic and mobile trading for various devices.
In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Lunar Capital ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. Lunar Capital is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Lunar Capital, money is in a segregated bank account that is separate from Lunar Capital company’s funds. As a regulated broker, Lunar Capital cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Lunar Capital.
Although forex regulators operate within their own jurisdictions, regulation varies significantly from country to country. Contrary to that notion, in the European Union, a license issued by one member state is valid throughout the whole continent under the MIFID regulation. In addition, many forex trading institutions prefer to register in jurisdictions that have minimal regulation, such as the tax havens and corporate havens found in offshore banking activities. This has resulted in regulatory arbitrage where institutions select an EU country that imposes similar policies such as CySEC in Cyprus. Lunar Capital offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs. Lunar Capital does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with.
Broker Types
The international subsidiary, on the other hand, operates with limited oversight, and this holds the broker back from achieving a higher score. I’ve also read much of the educational content and was struck by its bland delivery with long-form text and limited videos or engaging elements like quizzes, all of which could elevate the learning experience. Lunar Capital does slightly better with its educational content, which includes some basic e-books, articles, and a glossary of key terms. 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.
- These findings are based on our first-hand experience trading at Lunar Capital and take into account the overall experience for day traders.
- While it may be a new skill set for some, it is what the market requires for success.
- For over 10 years we consider our independence, absolute openness, and objectivity as our main priority.
- Whether you’re trading major currency pairs or exploring commodity markets, Lunar Capital provides the necessary tools and instruments to engage effectively in global financial markets.
- Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option.
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 Lunar Capital please share your personal review of the broker and what you think are strong and weak points. But there is 0 dongs and whistles, so, again, not everyone might like it. This average customer rating is based on 29 Lunar Capital customer reviews submitted by our visitors. Lunar Capital does not have a proprietary mobile app, though MT4 and MT5 can be downloaded to Android and Apple devices. The mobile applications have proven to be stable and reliable during testing.
Minimum Deposit
Choosing a trading platform requires a significant amount of research and analysis.It can be challenging to understand each platform’s various features and benefits, especially with a complex trading platform like Lunar Capital. Lunar Capital is a forex and CFD broker that offers very low trading fees and achieves fast order execution speeds. Due to its hybrid ECN/STP model, Lunar Capital has access to deep liquidity, making it a good choice for high-precision trading. Central Clearing Ltd does not provide services to residents of the EEA countries, the USA, and some other countries. The services are not intended for distribution to or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
- Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
- Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making.
- Even if an Lunar Capital trader experiences a significant loss, they will never owe more money than what is available in their Lunar Capital account balance.
- The Lunar Capital phone support team proved to be helpful and able to resolve our queries and issues over the phone.
- However, this amount may vary based on the specific account a user has opened.
It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time. As a result, selecting the right trading platform like Lunar Capital requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Lunar Capital available, each with unique features, fees, and regulations.
Simple and Streamlined Process
ECN XL, also known as the ZERO account is one of the most cost effective trading accounts. Having high levels of experience and knowledge, we are ideally placed to understand our clients needs and to support traders in achieving their ambitions and investment goals. By providing a unique suite of resources, a VIP level of services, combined with world-class support 24/5, our low cost trading environment provides the ideal base to succeed.
What Can You Trade With Lunar Capital?
That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website.
In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. As a new client of Lunar Capital, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Lunar Capital in your region. They do not provide live chat support, and their phone and email support can also be slow.
Account Types
In addition to this, Lunar Capital also offers the possibility to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time. Additionally, it offers managed accounts so that trading professionals can trade on behalf of the broker’s clients. Lunar Capital also offers several trading calculators, helping traders count their margin, suitable size for their trades, general market exposure, and more. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to https://lunarcapital.net/ examine various market developments from different angles and to exploit the underlying trading opportunities in multiple ways.
Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. 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. Trading in futures and options carries substantial risk of loss and is not suitable for every investor. Lunar Capital supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option.
