Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. This feature is something that Forex dealers usually can’t afford to make compromises on. ECN brokers guarantee that efficient trade performance is very much certain at every go.
LunarCapital Trading Platform Options
The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. All payments made to LunarCapital by traders are securely held in a segregated bank account. We aim to provide you with all the information in this LunarCapital review you need to determine if LunarCapital is the right fit for you. But we don’t stop there – we also offer valuable insights into other great alternatives to LunarCapital, so you can make a more informed decision and compare other brokers against LunarCapital.
Account Types and Benefits
Be mindful of these charges, impacting your overall LunarCapital trading profitability. All information on this website represent subjective views of the authors and they are solely informational. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website.
Account Features
If you decide to close your LunarCapital account, it’s important to do so with the LunarCapital broker customer support and obtain confirmation that no remaining LunarCapital fees are due. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. LunarCapital is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of LunarCapital going into insolvency.
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. While we found the LunarCapital phone support satisfactory, there is room for improvement in response time.
Trading Forex
The user-friendly interface let for speedy trade placements and effective market data navigation. Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
Solid Regulatory Environment
The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders. Market prices fluctuate reflecting the supply, demand, volatility and other market conditions. The LunarCapital-ECN model enables clients to trade on tight bid/offer spreads, which can be lower than one pip on some majors in certain market conditions. ECN agents operate on a model that lets any and all the opportunity to trade within an international liquidity pool of viable, controlled, and competent financial institutions. Additionally, due to how connected information is transmitted, transparency is yet another key benefit of an ECN broker.
He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. LunarCapital offers reliable customer support to assist traders with any questions or issues they may encounter.
- The content includes broad articles on a variety of topics, an economic calendar, and daily technical outlooks.
- In some cases—like with the EURUSD pair—spreads can drop to 0.0 pips, allowing traders to open positions with virtually no cost.
- Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience.
- Trading Centrals Alpha Generation Indicators can help LunarCapital traders better understand market trends and patterns, enabling them to make more informed trading decisions.
- One of the primary considerations when evaluating a broker, such as LunarCapital, is to assess the broker’s regulatory status and administrative body.
- LunarCapital has been facilitating trade on the financial markets for over 17 years.
I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. The EUR/USD spread ranges between 0.0 pips and 0.3 pips, with occasional spikes during the market news and trading session breaks, which LunarCapital transparently displays on its website. LunarCapital deploys an ECN/STP execution model and does not manipulate quotes. The Vanuatu Financial Services Commission (VFSC) provides LunarCapital with a competitive regulatory environment for international clients.
LunarCapital Brokerage Fees
- So, take a seat, grab a cup of coffee, and dive in to learn about LunarCapital and how it can benefit you or if LunarCapital is not for you.
- Importantly, iy accepts all trading styles and Expert Advisors (including scalping robots) without restrictions.
- Choosing the right broker is essential to ensure your LunarCapital investments grow and flourish.
Negative balance protection provided by LunarCapital guards traders from losing more than their account balance. Client money is also kept in separate accounts at Tier 1 banks, adding still another level of protection. For traders looking for a safe trading environment, LunarCapital is positioned as a consistent option by this mix of control, defensive actions, and financial transparency. LunarCapital is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to LunarCapital, money is in https://lunarcapital.net/ a segregated bank account that is separate from LunarCapital company’s funds. As a regulated broker, LunarCapital cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by LunarCapital.
The broker designed various accounts with comprehensive features and different minimum deposit requirements that allows traders of different levels to start trading in LunarCapital conveniently. LunarCapital’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LunarCapital is behind the competition here. ECN XL, also known as the ZERO account is one of the most cost effective trading accounts.
