Benefit from institutional rebates and dedicated Institutional Account Managers. Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. Overall, although LunarCapital offers a wide range of informative video content, the materials generally lack substance and are not well-structured. LunarCapital’s educational materials are limited compared to other large international brokers. A duo of in-house analysts provides market commentary on breaking news insights. The presentation and depth of these materials are acceptable but fall short of what is on offer at other large brokers.
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They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels. The choice of account types will also suit varying trading styles and capital needs. LunarCapital provides its services globally, but certain regions are restricted due to regulatory limitations. Supported regions include most countries in Europe, Asia, Africa, and Australia, where traders can easily open accounts and trade. However, prohibited regions such as the United States, Canada, and some countries in Asia, are restricted from using LunarCapital due to local regulations and compliance issues. It’s important to check whether your country is supported before attempting to open an account.
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The blog content is a mixture of educational materials, explaining concepts such as technical and fundamental analysis, and also provides an overview of the markets. LunarCapital also offers a range of trading calculators, including a currency converter, a pip calculator, a margin calculator, and a profit calculator. In line with Anti-Money Laundering rules, LunarCapital does not process payments to third-party accounts. All withdrawal requests from a trading account will be funded to a bank account or source in the trader’s name. The final trading cost to consider at LunarCapital is the swap rate charged on positions held overnight.
As a trading platform, MT4 remains one of the most popular for its wide community support, trade execution speeds, charting tools, and customisability. Additionally, traders can take their own customised version of the platform with them should they decide to migrate to another broker. Platform support is limited to MT4, but LunarCapital offers an upgraded package labeled MT4 Advanced, which transforms MT4 into a state-of-the-art trading terminal. Traders can also choose between nine live flexible accounts, including a low-deposit Cent Account that appeals to beginners who prefer to make smaller trades measured in micro-lots.
- Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide.
- LunarCapital is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses.
- Traders can use the free MT4 download to install the platform on desktop devices, including Mac.
- Our broker ratings are also informed by the experience of our researchers during the evaluation process.
- They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels.
Withdrawals
There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips.
Account Trading Costs
- From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape.
- LunarCapital offers a variety of account types to suit different trader levels and strategies.
- In most cases LunarCapital’s trading costs are built into the spread – though the Zero Fixed Account and ECN Zero Spread Accounts carry an 18 USD commission in exchange for spreads of 0 pips on the EUR/USD.
- Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips.
- The VIP Account caters to professional traders, with a minimum deposit of $10,000 and the tightest spreads from 0.8 pips.
These restrictions are in place to ensure compliance with financial laws and regulations in each region. Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape. Join the conversation and discover insights that can help you navigate the exciting world of currency trading.
Payment Methods
On the whole, other than the video material, blog content, and one downloadable e-book, LunarCapital’s educational materials lack depth and provide only a sweeping overview of the basics of forex trading. LunarCapital offers the standard out-of-the-box MT4 platform together with an upgraded package labeled MT4 Advanced. LunarCapital supports two execution models and a range of account options – four instant execution accounts and three market execution accounts.
Trading Accounts
The Micro Account is ideal for beginners, with a minimum deposit of $100 and competitive spreads starting from 1.8 pips. For more experienced traders, the Premium Account requires a $1,000 deposit and offers tighter spreads, starting from 1.6 pips. The VIP Account caters to professional traders, with a minimum deposit of $10,000 and the tightest spreads from 0.8 pips. Each account type comes with access to MT4 and MT5 trading platforms and a wide range of assets, providing flexibility for all trading styles. First, visit the LunarCapital website and click on the “Sign Up” button.
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DayTrading.com may receive compensation from the brands or services mentioned on this website. Tempting trading conditionsHowever, my attention to LunarCapital was captivated by its outstanding reputation with traders. The trading https://lunarcapital.space/ platform has been very convenient and easy to navigate. I also love how cost-effective this platform is, the broker has beginners in mind.
Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. Compare the markets and instruments offered by LunarCapital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. LunarCapital recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. The pioneering LunarCapital STP/ECN trading accounts allow traders direct access to deep liquidity and interbank pricing provided by top-tier liquidity providers. Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts.
In the case of Forex instruments, the amount charged depends on both the positions taken (i.e. long or short) and the rate differentials between the two currencies traded. LunarCapital’s swap rates are published on its website for each financial instrument, and the exchange is automatically converted to the base currency of the trading account of the client. The four-step account opening process is fully digital and accounts are generally ready for trading in one day. LunarCapital offers individual, joint, and corporate accounts, but we will focus on opening an individual account. Just a few days ago I closed excellent buy order on EURUSD currency pair.
