All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. The withdrawal may take up to seven business days depending on the payment method but usually withdrawals are processed much faster. Leverage levels depend on the instrument you trade and are defined by the regulatory restrictions together with your personal level of proficiency.
Our membership with the Investor Compensation Fund (ICF) is a testament to our dedication to providing an added layer of financial assurance. This arrangement is an integral part of our security apparatus, aimed at fortifying our clients’ confidence. This model eliminates the possibilities of price or spread manipulations and assures no conflicting interests between LunarCapital and our valued clients, ensuring a transparent, unadulterated trading milieu. LunarCapital provides several channels for customer support and a range of educational and research materials, though the perceived quality of these resources varies.
But what this broker has is debugged in work, like the most accurate mechanism. This also applies to payments, and technical support, and the organization of trading. Mostly concentrating on forex and CFDs, LunarCapital provides a range of tradable assets that might suit many traders who prefer trading of Forex. For those engaged in the forex market, traders can access over 70 currency pairs, including major, minor, and exotic choices. LunarCapital shines with its ECN XL live account, offering tight spreads without charging a commission. While some instruments may be pricier, the account’s attractive nature appeals to traders, especially with no trading restrictions or minimum deposit requirements.
Is LunarCapital suitable for automated trading?
LunarCapital offers basic educational content, including e-books, articles, and a glossary of key terms. The content feels bland with mostly text and few engaging elements like videos or quizzes, which could enhance learning for beginners. While trading these pairs on the MT5 platform through LunarCapital broker, I learned that spreads there can eat half your profits before you even start. I’m pretty sure having stable profits is more pleasant than trying to catch one huge move accidentally due to high volatility on exotic pairs.
Table of Features and Specifics
The Price Aggregator meticulously scans these, thus assuring traders invariably acquire the best available Bid/Ask price combinations. LunarCapital’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies. With indices from various global markets, diverse metal trading options against the US dollar and the euro, a broad spectrum of cryptocurrencies, and spot oil trading, LunarCapital stands as a versatile trading platform. Every client at LunarCapital is bestowed with identical trading conditions, ensuring immediate execution of all trades with zero delays or re-quotes.
Withdrawal Options
With fast processing times and no deposit fees, LunarCapital makes it easy for traders to manage their funds efficiently. Traders can easily execute trades with just a few clicks using the ‘Market Watch’ window or one-click trading. While MT4 is reliable with excellent charting tools, it lacks newer features, like web trader compatibility and innovative chart types found on platforms such as TradingView or the updated MetaTrader 5 (MT5).
Where is LunarCapital based?
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 traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to both https://lunarcapital.space/ beginner and experienced traders, offering valuable insights into market trends and strategies.
Diverse Range of Tradable Assets
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 offers reliable customer support to assist traders with any questions or issues they may encounter.
Advanced Trading Technologies
Yet, as we notice ECN Promo account is currently unavailable for signing so mainly LunarCapital Login to ECN XL is available. We believe in fostering long-term cooperation grounded in mutual trust. This approach guarantees unmatched transparency and eliminates any conflicts of interest. Utilizing the MetaTrader 4 and MetaTrader 5 platforms, LunarCapital provides flexible trading systems, extensive technical analyses, algorithmic and mobile trading for various devices. Traders have access to a range of Forex tools providing invaluable insights into Forex trading trends, including Forex calculators, live quotes, market hours, and more.
Persistent complaints about high effective withdrawal costs and lack of transparency in areas like the “no swaps” condition also detract from the value. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them.
Tradable Markets and Instruments
- However, several external reviews, which may be based on earlier assessments, either state “MT4 only” or do not prominently feature MT5.
- LunarCapital uses a spread-only methodology; hence, its ECN XL account shows no extra trading commissions.
- I was trading with another broker previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed.
- Following three months of account dormancy, the broker levies a $5 inactivity fee per month.
- Its website provides easy access to key information, including a clear breakdown of trading fees.
Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. LunarCapital offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs. Once these steps are completed, traders can access their account and begin trading immediately.
- I was impressed by LunarCapital’s innovative one-size-fits-all trading account, which combines zero commissions with raw spreads.
- Overall, based on the numbers above, one can say that the brokerage has achieved acceptable scores from users and trust platforms.
- FXEmpire also notes the availability of MT4 Multi Terminal for money managers.
Access via our award-winning XL Account over the MT4 platform, accords traders of all expertise levels an optimal choice, enabling them to kickstart their forex trading under exceedingly competitive conditions. In essence, LunarCapital is more than a broker; it is a reliable partner in your trading journey, always ensuring that you have the right tools and environment to succeed. This execution model promises no dealer intervention, and no re-quotes, ensuring trades are made on prices furnished to LunarCapital by its liquidity providers.
This is a much larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage. This is essentially free credit that can be used for trading purposes, and I was pleased on this occasion that there were no minimum trading requirements. I only really missed having PayPal available since this industry leader is one of the most widely used e-wallets and is accepted by rivals, including XTB and IG. Over 77% of reviewers on the «REVIEWS.io» website have recommended the broker. Besides, LunarCapital’s score on «Trustpilot» is 4.1/5, with more than 250 ratings. These parts include articles on financial topics, analysis, news, etc.
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.