This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders. LunarCapital applies a spread-based fee for forex trades, with no additional forex-specific charges. For example if your LunarCapital account base currency is USD and your funding method is EUR or GBP, you will be subject to a currency conversion fee from your LunarCapital deposit method used. The broker could improve its offering by including video content, such as periodic webinars and platform tutorials. LunarCapital offers excellent customer support, available 24/5 through live chat, email, and phone.

Believing firmly in the significance of having a multitude of liquidity providers in the ever-evolving forex market, we’ve cultivated robust relationships with globally acknowledged financial institutions. We aim to provide our clients with the most competitive forex spreads available, even under turbulent market conditions and during pivotal data and news releases, ensuring a sustained trading advantage. This execution model promises no dealer intervention, and no re-quotes, ensuring trades are made on prices furnished to LunarCapital by its liquidity providers. The Price Aggregator meticulously scans these, thus assuring traders invariably acquire the best available Bid/Ask price combinations.

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However, those seeking more diverse markets or advanced platforms may want to explore other options. LunarCapital stands as a quintessential ECN – STP broker, diligently aligning every trade that our clients make within an Electronic Configured Network (ECN), facilitated through a Straight Through Processing (STP) method. Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making. These pivotal elements are foundational in guaranteeing that our clients experience the utmost transparency when accessing the FX markets. At FX Central Clearing Ltd, our overarching goal is to manifest an environment characterized by unassailable security and trust.

LunarCapital’s primary ambition is to equip our clients with the requisite tools to hone their skills and relish an unparalleled trading experience at every phase of their voyage. The broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users. 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. A wide variety of different financial services companies like LunarCapital all charge brokerage fees. LunarCapital fees are charged to their customers in order to maintain LunarCapital customer accounts.

Advanced Risk Management

While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. Some LunarCapital financial instruments do not offer zero commission trading for example that are leveraged or shorted, and additional LunarCapital fees may still be applicable in some cases. LunarCapital makes it simple to determine the cost of the LunarCapital spread when trading virtually any instrument, including Forex, Minors, Majors, Exotics, Indices, Metals,. LunarCapital, in contrast to the vast majority of other brokers, does not factor in the fractional pip when calculating Forex, Minors, Majors, Exotics, Indices, Metals, spreads.

Flexible Account Options

While each analysis is brief, it features all required information for traders to take a position. It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts. With such a useful market analysis, we would love to see the section expanded to other pairs.

LunarCapital Swap and Overnight Fees

LunarCapital offers a fee structure that aims to balance transparency and competitiveness, making it suitable for traders with diverse needs and trading strategies. The brokerage provides an array of fee models that cater to both novice and professional traders, ensuring that the cost of trading remains reasonable while enabling users to maintain flexibility. With a focus on cost efficiency, LunarCapital allows traders to maximize their potential returns while minimizing unnecessary expenses.

• LunarCapital lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent.
• With fast processing times and no deposit fees, LunarCapital makes it easy for traders to manage their funds efficiently.
• LunarCapital’s deposit fees are structured to provide flexibility and value for traders.
• It is the interest cost charged on leveraged open positions that are held overnight in the Forex market.

It can be a positive or negative rate depending on the position you take but regardless of the position you take, you would always be charged for holding the position overnight. However, due to other considerations, such as brokers’ data feed and commissions, interest cost will be charged on open trade positions (long or short). By using Wire Transfers, Direct Debit, or cryptocurrency deposits and withdrawals, traders can minimize fees. Also, selecting low-fee withdrawal methods such as NETELLER or EcoPayz can reduce overall transaction costs. Additionally, LunarCapital does not charge any inactivity fees, which further enhances the broker’s appeal for traders who wish to take a more passive or long-term approach to trading.

LunarCapital’s ECN XL account is a nice touch—it mixes raw spreads with zero commissions, giving traders a solid pricing edge. While an LunarCapital no deposit bonus does not exist, LunarCapital offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. LunarCapital occasionally introduces other bonuses and promotions, which have included a $50 LunarCapital no deposit bonus or annual interest on free margin.

While an interactive course or videos are not available, the existing content provides a well-thought-through introduction to trading. With no minimum deposit, high leverage, and low trading costs, LunarCapital is ideal for beginner traders https://lunarcapital.world/ and demanding seasoned ones alike. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…

How Do The LunarCapital Fees Compare Against Other Brokers?

The straight-through processing in an ECN environment augments your trading opportunities and escalates your success trajectory. Clients of LunarCapital can delve into forex trading instantly, leveraging live streaming and the finest executable prices in the marketplace with immediate confirmations. The absence of a dealing desk and no re-quotes ensures a seamless trading journey. Whether you are facing technical issues, account-related queries, or need help with your trading platform, LunarCapital’s support team is prepared to assist promptly. While the broker does not offer phone support or automated bots, the availability of live chat and email ensures that most issues can be resolved quickly and effectively. This customer-centric approach makes LunarCapital a solid choice for traders who prioritize responsive and professional support.

LunarCapital maintains one of the cheapest Forex cost structures available, with commission-free quotes from 0.0 pips or $0.00 per 1.0 standard lot for the most liquid currency pairs like the EUR/USD and the USD/JPY. The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage. LunarCapital’s deposit fees are structured to provide flexibility and value for traders. Wire Transfers and Direct Debit deposits are particularly attractive for traders who prefer to avoid deposit fees, especially for larger sums. The level of Swap rates may vary in size and change depending on the level of interest rates. The Company reserves the right to change the level of swap rates application to the CFDs according to the rates of the liquidity providers.

LunarCapital lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and LunarCapital is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. The service provider is BeeksFX, but LunarCapital clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. As we have already noted, the amount of the swap fee depends on which financial instrument you are trading.

• One significant advantage is that LunarCapital offers a more in-depth introduction to MT4, which many brokers fail to do, and which can truly set traders up for longer-term success.
• Clients of LunarCapital can delve into forex trading instantly, leveraging live streaming and the finest executable prices in the marketplace with immediate confirmations.
• It may not be the best choice for those seeking a wide variety of instruments or advanced trading platforms beyond MT4.

These fees reflect the interest that is applied to leveraged positions, and they are common in the trading industry. However, LunarCapital also caters to traders who require swap-free accounts, offering this feature to those who follow Islamic finance principles that prohibit interest-based transactions. Swap-free accounts allow these traders to maintain their positions overnight without incurring any swap fees. LunarCapital stands out as a solid broker choice for traders looking for a low-cost, regulated platform.