LunarCapital’s educational materials are of great value to beginners and intermediate traders, but with little to offer to seasoned traders. The broker’s content covers in-depth matters pertaining to technical analysis, fundamental analysis, and trading psychology. I especially appreciated the attention paid to adopting an appropriate trading mentality, which is of utmost importance for long-term success. LunarCapital offers a solid range of educational content, including articles and ebooks.
Swap-Free (Islamic) Accounts
It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. Brokers utilizing dealing desks and market-making often offer fixed spreads, signaling that the provided spreads may not emanate from a genuine, efficient, and organic marketplace. Our advanced Price Aggregator continually scrutinizes the Bid/Ask prices entering our ECN system, displaying the optimum price combinations sourced from our liquidity providers. This dynamic pricing mechanism creates a professional trading sphere for all levels of traders, opening avenues for enhanced profitable trading. 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.
Diverse Range of Tradable Assets
The abbreviation for «London Interbank Offered Rate» is «LIBOR.» When determining the LunarCapital overnight fees for stocks, LunarCapital makes use of the US Dollar LIBOR rate for one month. The London Interbank Offered Rate (LIBOR) publishes 35 different rates every day; these rates range from overnight to 12 months and are based on five different currencies. LunarCapital traders must keep an eye on LIBOR rates when understanding any potential LunarCapital fees that may be applied.
Response times are generally fast, ranging from just a few seconds to about two minutes. My only minor complaint is that support is currently available only in English. The charts, orders, and various instruments are located in easy-to-find places, and even first-time traders can quickly learn their way around.
LunarCapital Regulation and Security
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. IntroductionLunarCapital (Forex Central Clearing Ltd) is a regulated forex and CFD broker established in 2010. With a focus on transparency, competitive trading conditions, and customer satisfaction, LunarCapital caters to both beginner and advanced traders.
LunarCapital charges average to high overnight fees compared to the industry benchmark. Additionally, its relatively narrow selection of tradable instruments limits traders interested in long-term exposure. LunarCapital’s ECN XL account combines commission-free trading and raw spreads from 0.0 pips, offering extremely favorable conditions in some cases. The account also does not have a minimum deposit requirement, making it very affordable.
- Our relentless pursuit of operational security is anchored in our solid regulatory framework, meticulous segregation of client funds, and our fortified association with the Investor Compensation Fund.
- LunarCapital maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies.
- Think about putting your money to work with a broker like LunarCapital that will let you buy and sell stocks and exchange-traded funds without charging you excessive LunarCapital commissions or other fees.
- 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.
- With a focus on cost efficiency, LunarCapital allows traders to maximize their potential returns while minimizing unnecessary expenses.
Regulation and Security
If you want to know the most up-to-date prices, it is best to check out the LunarCapital fees page. Every LunarCapital transaction has a $30 minimum withdrawal amount on LunarCapital that can be made available to the LunarCapital client. Any withdrawals made in a currency other than US dollars are subject to additional LunarCapital fees to cover the cost of currency conversion.
Roll-Over / Swap / Interest on overnight positions?
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. For traders who hold positions overnight, LunarCapital charges swap fees based on the direction of the trade and the underlying asset.
- The alignment of LunarCapital with client trades facilitates counter-party executions, showcasing LunarCapital’s unwavering commitment to client interests, making it a reliable ally for traders.
- We equip our clients with all the essential forex trading tools needed for success, including access to MetaTrader 4 and MetaTrader 5 forex software.
- I especially appreciated the attention paid to adopting an appropriate trading mentality, which is of utmost importance for long-term success.
- The broker also does not appear to incorporate any third-party content from providers such as Autochartist or Trading Central.
- The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility.
The World Best Trading Account
If you would like to see LunarCapital compared against some of the best LunarCapital fees alternatives available right now you can do so by clicking on the links below. You can jump in or out of the market quickly to take advantage of even the most minor price changes. The values listed below are for one full base currency contract (100,000 units). No, LunarCapital is a legit broker with regulatory oversight from the VFSC and the CySEC. So if the Euro has its interest rates at 3% and America has its rates at 0.5% you will be paid 2.5% (3% – 0.5%) interest, on roll over.
This allows traders to hold positions for extended periods without worrying about inactivity charges eating into their capital. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. This approach guarantees unmatched transparency and eliminates any conflicts of interest.
Our regulatory compliance extends beyond our CySec regulation in Cyprus, manifesting in our possession of the MiFID passport for financial services firms within the broader realm of the European Union. This comprehensive regulatory alignment underscores our unwavering commitment to maintaining high standards of compliance, transparency, and ethical conduct. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Whether you are a novice or a seasoned professional, we are poised to assist you in your trading ambitions. Our motto, “a broker on your side,” epitomizes our commitment to your success. Opening https://lunarcapital.team/ an account with LunarCapital is a straightforward process designed to get traders started quickly. Please note that Herd Markets may have financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to click the links located throughout the content on this site.