In this way, you can give your full attention to trading, while we will take care of the https://lunarcapital.team/ safety of your funds. The interbank market caters for both the majority of commercial turnover and large amounts of speculative forex trading every day. Some of this forex trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank’s own account. These mobile applications allow traders to connect to their LunarCapital’s trading accounts, analyze charts, manage trades, and apply technical indicators — all from smartphones or tablets. The apps are intuitive, fast, and offer full trading capability on the go.
LunarCapital was founded in 2010 by a group of foreign exchange market professionals, building on their long experience in the financial markets. The more profitable LunarCapital clients are in their Forex trading, the more trades they place in the LunarCapital system. The more trades placed in our system, the healthier the bottom line looks.
The LunarCapital Ecn xl account is a finding…
Spread is one of the main conditions for trading and investing in Forex. You should know what Forex spread is if you want to trade in the foreign exchange market. The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). If a forex trader can guarantee large numbers of transactions for large amounts, they can usually demand a smaller difference between the Bid and Ask, which is referred to as better forex spread.
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- LunarCapital was launched in 2010 by a group of forex experts aiming to create a competitive and supportive trading experience for clients through transparency and high trade quality.
- ECN agents operate on a model that lets any and all the opportunity to trade within an international liquidity pool of viable, controlled, and competent financial institutions.
- Yes, our LunarCapital review experts feel that this online broker is secure.
- LunarCapital offers reliable customer support to assist traders with any questions or issues they may encounter.
- The broker utilizes cutting-edge infrastructure to minimize latency, ensuring that trades are executed promptly at the desired prices.
Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD. LunarCapital adheres to important rules set by this regulator including the segregation of client and business funds and the use of reputable international banks for the safekeeping of client money. Some brokers charge a fixed fee for each contract concluded but LunarCapital only charges spread and no commission. Pip values and contract sizes vary from broker to broker – be sure to compare the same parameters when comparing two spreads with two different trading brokers.
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Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit. Yes, LunarCapital is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is considered a low-risk trading broker. While St. Vincent & the Grenadines is an offshore zone with less strict financial regulations, LunarCapital is still considered safe to trade with due to its authorization by the European regulator. At LunarCapital we often use a motto that we have adopted over the years; “from small acorns great oaks will grow”. Every ECN trader starts somewhere that is why every LunarCapital client is treated as an individual, a VIP, who will enjoy a personal, unrivalled level of service.
The World Best Trading Account
Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability.
And unlike the trading of shares or assets, the foreign exchange trading doesn’t take place on a regulated exchange. In the standard currency market, deals are made all the time, but the spreads are not constant in every position. To understand why this happens, it is worth understanding the difference between the prices of buying and selling a currency when evaluating trades, which also determines the liquidity of the market. According to BIS (the bank for international settlements) the FX market is responsible for circa $6.6 trillion of turnover each trading day. The major international banks and financial institutions are responsible for the majority of this turnover.
LunarCapital has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework.
This different method really does let anyone enjoy improved trade execution. ECN serves as a bridge between smaller participants of the market and their liquidity providers. Also known as alternative trading systems (ATS), ECN is essentially a computerized network enabling trading of currencies and stocks outside traditional exchanges. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits.
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 traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders. As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders.
- However, for better transparency, we recommend signing up with a European entity.
- Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD.
- You are often an open book when you are dealing with typical Forex trading.
- The Vanuatu Financial Services Commission (VFSC) provides LunarCapital with a competitive regulatory environment for international clients.
- If this is your trading strategy, you should place your orders when the spread is optimal.
Client trades are made on prices provided to LunarCapital by the pool of liquidity providers. The Price Aggregator automatically scans these so traders are assured of only ever getting the best available Bid/Ask price combinations. LunarCapital has come far and still have a way to go with the goal already in sight. LunarCapital offers excellent customer support available 24/5 through email, Live Chat, and international phone calls. Support is provided in multiple languages, ensuring clients from around the world receive quality assistance.
LunarCapital’s live, neutral, executable market data includes the most competitive bid and ask prices available at any given time in the market. As a consequence the trading process remains reliable and consistent when either back testing trading models, or for live trading. Through ECNs, traders get better prices and cheaper trading conditions as an ECN broker is able to allow prices from different liquidity providers.
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.
These resources cater to both beginner and experienced traders, offering valuable insights LunarCapital reviews into market trends and strategies. 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. The deposit is low, the MetaTrader 4 platform is one of the best for forex trading, and the tight spreads through the ECN model are competitive. Trading forex offers up unlimited opportunities to access and trade the financial markets. MetaTrader 4 is one of the most popular forex trading platforms in the world today.
They are licensed by many respected regulatory bodies, employ ample data transfer and security measures, and possess a transparent track record of their financial transactions. Our experts however cannot recommend this broker over others from our trusted list. Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions. For instance, anyone registering from a CySEC regulated region is not able to accept a bonus. LunarCapital provides a calendar that displays upcoming economic events and releases, along with their expected impact on the markets. I always like to check an economic calendar before take a decision on the trade.
This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on LunarCapital. LunarCapital uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. Depending on the broker’s offer, you may see fixed or variable spreads.
Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. I rate LunarCapital’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries.
