Forex Trading Account Best Forex Accounts, Open Real Account Now with LunarCapital
It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. LunarCapital ECN XL account holders pay no commissions to trade any supported asset. Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. With fast processing times and no deposit fees, LunarCapital makes it easy for traders to manage their funds efficiently. LunarCapital clients can trade forex instantly, taking advantage of live streaming, best executable prices in the marketplace, with immediate confirmations. The financial industry has a significant impact on the environment, from the energy consumption of trading servers to the carbon footprint of global transactions.
LunarCapital charges low-to-average spreads and offers commission-free trading. The broker also has a very low inactivity fee and offers cost-free deposits, though withdrawals are subject to a handling fee. LunarCapital does not have a minimum deposit requriement, charges very low trading fees, and also offers extensive educational and research materials. However, casual traders can only trade on MetaTrader, which has a rather rugged design. LunarCapital uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe.
Technology and Execution Speed
Furthermore, all client funds are held in accounts with major international banks and kept segregated from LunarCapital corporate accounts. Novice traders should have little difficulty finding online assistance about how to operate the MT4 platform and use it to their advantage. In addition to offering free access to a Virtual Private Server (VPS), LunarCapital currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit.
MetaTrader 4 includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. LunarCapital has a highly informative educational section that covers the ABCs of trading. This includes multiple articles, guides, and e-books on topics related to fundamental analysis and trading psychology.
The articles are written in an easy-to-grasp manner so that even first-time traders can quickly understand what is being said with relative ease. LunarCapital has a hybrid STP/ECN execution model with access to deep liquidity. It also achieves average execution speeds below 60 milliseconds, which lessens the risk of negative slippage, and offers free VPS hosting for low-latency trading. LunarCapital provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads. Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar.
Trading Fees
It is a very simple innovative and intuitive process, that any trader familiar with using the MetaTrader 4 Client Terminal, can easily get acquainted with quickly. The broker also has a broad glossary on its website, where traders can read about hundreds of trading concepts. Notably, LunarCapital has set its margin calls at 100% and https://lunarcapital.net/ stop-out levels at 50%. Traders will only receive a notification to deposit additional funds or close out their losing trades after their free margin is depleted. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. The standout feature in LunarCapital’s instrument selection is its forex pairs offering, which I discovered to be one of the most diverse in the industry.
- MQL5 enables traders to create their own Expert Advisors (EAs) to automate their strategies with exceptional speed and flexibility.
- Security is paramount in trading, and MetaTrader 5 doesn’t compromise.
- The problem stems from the fact that the app has to be run on low-resolution devices, which do not afford wide overviews of price action behavior.
- Working with LunarCapital has been an undeniably trustworthy experience for me.
- As more investors demand ethical and eco-friendly options, Green Forex is becoming a key trend in the trading world.
LunarCapital Customer Service
LunarCapital’s headquarters are in Cyprus, the company is comprised of a dedicated team of professionals with extensive experience in the financial industry. LunarCapital brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. It informs traders of upcoming market events and releases that have the potential to stir price action, thereby creating viable trading opportunities.
The account was opened with the broker’s Central Clearing Ltd entity. Some features and services may vary depending on where you reside and which entity you open an account with. MT4 permits algorythmic traders to use Expert Advisors (EAs) and its built-in strategy tester to create sophisticated strategies for automated trading. Additionally, the broker achieves execution speeds below 60 milliseconds and offers VPS hosting for low-latency trading.
Client trades are made on prices provided to LunarCapital by its liquidity providers. MetaTrader 4 is a series of platforms designed by MetaQuotes Software Corporation. MetaQuotes Software Corp. is a software development company which began trading in 2000. MetaTrader 5 also features advanced trading alerts and a built-in economic calendar, helping traders track key financial events and make informed decisions in real time. Combined with the ECN execution environment at LunarCapital, MT5 provides everything needed to trade with confidence and agility. LunarCapital also offers several trading calculators, helping traders count their margin, suitable size for their trades, general market exposure, and more.
LunarCapital offers a comprehensive range of tradable instruments, including major and minor currency pairs, commodities, indices, and metals. This diversity allows traders to build diversified portfolios and explore various market opportunities, catering to both short-term and long-term trading strategies. LunarCapital offers reliable customer support to assist traders with any questions or issues they may encounter. The broker provides live chat and email support, ensuring that help is readily available. Customer service operates 24 hours a day, Monday through Friday, allowing traders to access assistance during market hours. LunarCapital provides access to the widely popular MetaTrader 4 (MT4) platform, known for its reliability and advanced trading features.
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. This commitment to security helps to instill confidence in traders who seek reliability and transparency.
Research countries with strong environmental policies and consider incorporating their currencies into your portfolio. You can also explore green financial instruments, such as bonds or funds that support eco-friendly projects. By making small changes to your trading habits, you can contribute to a more sustainable future while still achieving your financial goals. Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with LunarCapital.
MetaTrader platforms
The ECN/STP model gives LunarCapital clients the freedom to trade on a more level playing field. LunarCapital has worked hard in making the world of Forex more transparent with a greater degree of control for traders. One of the biggest advantages of Green Forex is its potential to attract a new generation of traders. Younger investors, in particular, are increasingly drawn to sustainable and ethical investment opportunities. By adopting Green Forex practices, traders can appeal to this demographic while also contributing to global environmental goals.
Educational Tools
If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes. Access your LunarCapital MT5 trading account directly from your browser — no installation required. LunarCapital applies a spread-based fee for forex trades, with no additional forex-specific charges. Your trading opportunities and potential success is automatically enhanced by using our straight through processing order fulfilment, in an ECN (electronic communication network) environment.
- With a focus on forex and CFDs, LunarCapital provides a range of tradable instruments, though the absence of stock trading may be a limitation for some.
- You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts.
- With fast processing times and no deposit fees, LunarCapital makes it easy for traders to manage their funds efficiently.
- The broker, however, does not incorporate research content from third-party providers.
The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account. LunarCapital operates two entities — one based in Europe and another in Comoros. While an EU-based entity adheres to all the essential safety requirements, the offshore entity offers weaker client protection. I’ve observed its execution performance over several days and discovered that LunarCapital averages speeds below 60 milliseconds. On the other hand, the broker charges a handling fee for withdrawals and does not afford an alternative to MT4. It’s a good broker for intraday trading because trading conditions allow to earn on every move.
Perhaps, it’s one of the most significant characteristics for traders. Maybe one of the reliable brokers I’ve worked with, and I’ve worked with a bunch of them already. It’s good to know that your funds are safe and sound while you trade. Because I get enough stress at trading, so I don’t need it outside of it. I can picture my collaboration with the broker is mostly positive for me.
Whether you’re trading major currency pairs or exploring commodity markets, LunarCapital provides the necessary tools and instruments to engage effectively in global financial markets. Green Forex is a concept that combines traditional currency trading with environmentally conscious practices. It involves investing in currencies, assets, or trading platforms that prioritize sustainability. This could mean trading in currencies from countries with strong environmental policies, supporting green financial instruments, or using eco-friendly trading platforms. The goal is to align financial gains with positive environmental outcomes, creating a win-win situation for traders and the planet.