Once approved you can expect the funds to be in your bank account/wallet within 30 minutes which is extremely good service in my opinion. It is regulated by the FSC in Mauritius, the Mwali International Services Authority (MISA), and CySEC for European traders. The broker has also been operating for 12 years, which is a strong signal of safety in my book. The platform also has 38+ indicators featuring Ichimoku and RSI, while increasing the number of timeframes to 21 for better customisation. Additionally, you have excellent drawing tools for price action analysis like Fibonacci or Gann tools which I couldn’t find on the LunarCapitalTrader platform.
- LunarCapital does have a proprietary mobile app for trading, as well as for social copy trading (the LunarCapital Copytrading app), yet it still trails behind industry leaders such as IG and Saxo.
- These materials are available to every LunarCapitalFX client, ensuring everyone has the tools they need to succeed in Forex trading.
- Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult.
- One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your LunarCapital account.
- The demo account lets you test the platforms while practising trading in a risk-free trading environment using virtual currency.
The broker’s range of forex trading products is limited to MT4, MT5, and LunarCapitalTrader but still provides a service to every trading style thanks to the MetaTrader options. I was surprised most by the LunarCapitalTrader which is limited in comparison to MetaTrader but offered a unique technical analysis service which impressed me with the expertise of the analysis. The broker claims to offer competitive spreads as compared to other forex brokers. LunarCapitalFx boasts of a spread floating, starting from as low as 0.6pips. Depending on the market’s volatility, clients can expect to pay a minimum spread of 0.6 pips on trading pairs like GBP/USD and EUR/USD.
To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that are available as apps for mobile and on the web. Both iOS and Android versions of the trading platforms are also available for on-the-go traders. Dipping my toes into the world of Forex trading was both exhilarating and nerve-wracking, but LunarCapitalFX turned out to be a solid choice as my introductory broker.
Exante Review 2025: Fees, Platforms, Apps, Safety, Pros & Cons
This could include opening an account with LunarCapital Markets Cyprus Ltd, or Uni Fin Invest which is LunarCapital’s Mauritius entity. Normally, I think AI support is useless, but you can tell LunarCapital has invested in this area as the AI responses are comprehensive and answered my questions accurately. This is because you will receive better protection and service from your local regulator should you need to enforce a complaint. However, in my experience with regulators like MAS, they are very professional and helpful so this is by no means a poor regulator. Additionally, Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number from the Financial Sector Conduct Authority (FSCA) in South Africa.
- We disable accounts that stay inactive for too long, but you can always create a new one for free.
- I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move.
- Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.
- What further sweetened the deal was the absence of any additional charges from the broker’s end when I injected funds into my account.
- I thought the research provided by LunarCapital was decent as they offered chart and candlestick patterns like doji candlesticks and wedges, or highlighting support and resistance levels to trade.
The spreads on the MT5 account were stable in my tests during the New York and Asian trading sessions. While monitoring the spreads the broker’s EUR/USD spread fluctuated between 0.80 and 0.90, which is slightly more than the minimum advertised. The other feature I liked was that you do not pay swap fees on your CFD positions, saving you money should you keep your trades open longer than 24 hours.
LunarCapitalFX Main Features
These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with https://lunarcapital.team/ the oil commodities only being available to trade through MT5. Here are some of the spreads we found on the most commonly traded assets with LunarCapitalFX as an example. In some places, you will also be allowed to make deposits through Bitcoin.
As a trader, you will find a range of features available at LunarCapitalFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an LunarCapitalFX trader. Unlike most brokers, LunarCapitalFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with LunarCapitalFX. They are available with trading through MT4 and MT5, though the broker does charge an additional mark-up fee to cover for the rollover fee which is not in place. Due to that, we highly recommend LunarCapitalFX as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified.
The only real difference here being that as a master you can earn commission. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. MetaTrader is further renowned as one of the most comprehensive platforms in this area.
LunarCapital Traders Reviews
My experience with LunarCapital has been largely positive thanks to Lunar Capital website its excellent ECN trading conditions giving me low spreads that averaged 0.80 pips on EUR/USD with no commissions. LunarCapital has 52 forex pairs for CFD trading including forex majors like USD/JPY, AUD/USD, and EUR/USD as well as minor and exotic pairs. I did find that you can only access all 52 pairs using the MetaTrader 5 platform, while the LunarCapitalTrader and MT4 only offer 32 pairs. The LunarCapitalTrader has the least options for technical analysis too with 19 indicators, 11 drawing tools, and 7 timeframes.
What Leverage Does LunarCapital Offer?
The only traditional method available was Mastercard (debit card) which I used to fund my account and was instantly applied to my trading account after making my deposit. The big takeaway from my time with LunarCapital is that it doesn’t charge swap fees on any of its accounts which are usually reserved for swap-free Islamic trading accounts. Not only does this reduce your trading costs for longer-term positions but it won’t force you to close a position before being charged a swap.
Web and mobile trading platform LunarCapitalTrader enables you to diversify and upgrade your trading. You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right for you.
At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold. A nice feature I liked was the order ticket showing your potential profit and loss in monetary value compared to just in pips like other platforms. This is a useful feature if you’re new to trading as you’ll know your monetary risk instead of guessing with a pip conversion which could lead to mistakes and over-risking your trades.
LunarCapitalTrader offers a fine array of charting tools to allow for a smooth desktop trading experience. From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.
There is also an availability of multiple trading tools and indicators, which serves to enhance clients’ trading experience and help them trade confidently. The company, besides featuring a full fledged FAQs section to help clients find answers to their queries on an immediate basis, offers multilingual customer support 24 hours 7 days a week. I embarked on my trading journey with LunarCapitalFX and stayed with them for a notable period before exploring alternatives.
It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. According to the LunarCapitalFx website, the broker does not charge any fee on deposits and withdrawal. They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply. However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions.
LunarCapitalFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective. Both platforms are available on desktop, web, and mobile devices, ensuring seamless trading across various operating systems. They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. LunarCapitalFX is committed to providing a secure and transparent trading environment for its clients. The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union.