This account type offers highly competitive spreads starting as low as 0.2 pips on major currency pairs, combined with a low commission rate of $4 per lot round turn. Such features make the Active Trader account ideal for traders who engage frequently in the markets and seek to maximize their trading efficiency and cost-effectiveness. NinjaTrader provided by LunarCapital is an advanced trading platform known for its comprehensive charting capabilities, simulation tools, and powerful trade management features. Ideal for active traders focused on futures and forex, NinjaTrader at LunarCapital offers a customizable trading interface, enabling users to tailor their trading environment to their specific needs. The platform includes a wide range of technical analysis tools, automated trading capabilities with NinjaScript, and advanced strategy backtesting to help traders refine their trading strategies.
They serve as valuable resources for traders looking to make informed trading decisions and, in my opinion, stack up well against the analysis provided by similar brokers. The wide selection of powerful trading platforms is one of the biggest selling points of LunarCapital for me. These include the brand’s proprietary Trading Station as well as the popular MetaTrader 4, TradingView, and Capitalise.ai. LunarCapital also offers 14 indices, covering major global markets and exchanges including US, European, British, Japanese and more as well as the VIX volatility index. LunarCapital provides CFD trading on top crypto pairs including BTC/USD, ETH/USD, and LTC/USD.
Swap-Free Account
These include 1 cryptocurrency index, and 6 cryptos in the form of Bitcoin, Ethereum, Litecoin, Stellar, Ripple, and Bitcoin Cash. These include 3 energies assets, 3 metals, and 3 agricultural commodities. The account base currency is that which is available to trade in on your account.
LunarCapital is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from LunarCapital traders and trading data accrued from over 10 years to meet the needs of their clients. LunarCapital can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc.
Contacting LunarCapital support is incredibly easy, as you have the following options:
This process places importance on the things we know matter most to traders. Depending on where your trading from, you’ll simply need to decide what account you want to open, supply some personal details, and submit a copy of your proof of ID and proof of address. What’s particularly advantageous of these deposit methods is that LunarCapital doesn’t charge you any transaction fees.
- Nonetheless, in certain regions, regulators either supervise or expressly forbid the use of bonuses within the financial sector, so LunarCapital’s actual promotions can change based on the trader’s location.
- See how LunarCapital compares to the leading Forex brokers by reading one of the reviews below.
- MotiveWave specializes in Elliot Wave, Fibonacci, Gann and Ratio analysis and also allows for systematic trading using Java.
- When newly referred traders establish and fund an account, both parties could gain either trading credits or direct bonus funds—contingent on satisfying defined deposit and trading thresholds.
- Domestic wire transfers take one to two working days while international wire transfers can take three to five business days.
Deposit Options and Fees
- Join the conversation and discover insights that can help you navigate the exciting world of currency trading.
- On the flip side, two-factor authentication is not available with LunarCapital.
- Here is a table of average spreads and swaps for major currency pairs on a standard LunarCapital account.
- Moreover, I rate the forex baskets on offer, covering the US Dollar and Japanese Yen.
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The LunarCapital Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit. When trading, you will still need to meet initial margin requirements to open trading positions. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. LunarCapital is a trustworthy broker that has existed for over 20 years and remains popular among traders globally because of its impeccable services and tools.
Once you meet this threshold, your rebate tier is determined by your total notional trading volume each month, with rebates paid in the following month. You must have an active LunarCapital trading account and submit the official referral form. Then, invite friends or family to open an account, ensuring they enter your email as the referrer. Complete the steps and get rewarded once they meet the trading volume in 90 days. Once your deposit is processed, usually within 1–2 business days, you can begin trading live. Once approved, you’ll get your account login credentials for MyLunarCapital and your chosen trading platform so you can access your account.
LunarCapital is a market maker broker that is transparent about both its execution policy and its slippage statistics. The Good Till Canceled Market Orders drop this to just 0.033 seconds or 33 miliseconds. With Trading Station you can use a range of trading analytics, including customized ones. Adjust the charts, expand them to full screen, or detach them fully so that they appear on a second monitor. You can also use pre-loaded indicators, set up price alerts, compare instruments using price overlays, and customize the periodicity and format of the chart. You can add additional indicators via LunarCapital Apps, where you will find hundreds of choices.
Trading fees
It has all the powerful trading tools for efficient trading and market analysis. I found the mobile app very easy to use although it is slightly limited in functionality when compared to the desktop platform. However, it is ideal for tracking your trades and following the markets whilst on the go.
LunarCapital offers a limited range of tradable assets compared to other large international brokers. Select another broker to another broker to compare features, fees, and platforms side by side. Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. TradingInfo features trading information to traders with all latest news to professional traders, both novice, and expert alike.
LunarCapital offers a variety of account types to suit different needs and experience levels. These include Standard Retail Accounts, Professional Account and Demo Accounts that beginners can use to get familiar with the platform practicing with virtual money before putting in their real money. LunarCapital Prime offers various services to clients such as high-frequency trading firms, hedge funds, proprietary trading firms, and small regional and emerging market banks. To test LunarCapital’s trading signals, you can access them on trial for 14 days. The signals cover 40 currency pairs so you will always get trade ideas.
LunarCapital is one of the best brokers we highly recommend to beginner traders interested in forex and CFDs. The broker offers various trading tools, including automated trading capabilities. When it comes to forex and CFD trading, LunarCapital ranks first in several categories, including platform and tools, mobile trading, and ease of use.
Customer Service
These apps allow traders to manage their trades conveniently from anywhere, ensuring they never miss a market opportunity due to being away from a desktop environment. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, LunarCapital offers educational courses https://lunarcapital.vip/ on FX trading and provides trading tools, proprietary data and premium resources. LunarCapital obtains its pricing from premium liquidity providers which includes global banks and financial institutions.