Forex MetaTrader 4 Broker, MetaTrader 4 Trading, MT4 Client Terminal

According to the Bank for International Settlements, the Forex market accounts for daily tunrovers of around four trillion dollars and the market has been growing year on year. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the ECN XL account. Here is a screenshot of the Lunar Capital quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Lunar Capital 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.

Trade Forex

• Lunar Capital’s ‘No Dealing Desk’ execution model comes with no dealer intervention and no re-quotes.
• The $30 – $45 charges are way above brokers such as eToro, which only charges $5, and many brokers we evaluate that offer free withdrawals.
• It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value.
• Lunar Capital 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.
• Their primary platform, MetaTrader 4 (MT4), is a popular choice among traders, providing advanced charting tools, technical indicators, and automated trading capabilities.

Lunar Capital’s ‘No Dealing Desk’ execution model comes with no dealer intervention and no re-quotes. Client trades are made on prices provided to Lunar Capital by its liquidity providers. The Price Aggregator automatically scans these so traders are assured of only ever getting the best available Bid/Ask price combinations, ensuring that all orders are executed in a truly competitive and transparent method. 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.

Transparent and Manipulation-Free Trading Environment

The safeguarding of our clients’ investments, privacy, and security is our foremost priority, allowing our clients to trade with peace of mind under our regulated brokerage. In doing so, we empower traders to focus solely on their trading endeavors, entrusting us with the stringent protection of their investments. In essence, Lunar Capital 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. By choosing Lunar Capital, you are not just selecting a broker; you are opting for a transparent, fair, and customer-centric trading experience, augmented by our continual strive for excellence and improvement in the financial domain.

Asia/Pacific Markets

Lunar Capital was founded in 2010 by a group of foreign exchange market professionals, building on their long experience in the financial markets. The more profitable Lunar Capital https://lunarcapital.net/ clients are in their Forex trading, the more trades they place in the Lunar Capital system. The more trades placed in our system, the healthier the bottom line looks. 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.

T’s important to note that while Lunar Capital offers educational resources, they may not be as comprehensive or engaging as those provided by some other brokers. Additionally, the effectiveness of these resources can vary depending on individual learning styles and preferences. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements.

Through Lunar Capital and its ECN – STP model, clients can access this market in order to trade up to 28 currency pairs, from the recognised major currency pairs through to the minor and most exotic. Lunar Capital caters to traders globally, offering a diverse range of financial instruments, including forex pairs, indices, commodities, and cryptocurrencies. Their primary platform, MetaTrader 4 (MT4), is a popular choice among traders, providing advanced charting tools, technical indicators, and automated trading capabilities.

Robust Regulatory Structure: A Beacon of Compliance

On the downside, Lunar Capital’s high fees for most withdrawal methods are a disadvantage. The $30 – $45 charges are way above brokers such as eToro, which only charges $5, and many brokers we evaluate that offer free withdrawals. 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. Immerse yourself in the realm of unadulterated straight through processing and elevate your trading journey. The Foreign Exchange market (Forex or FX for short) is the largest and most liquid financial market in the world.

ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.

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. This approach negates any conflicts of interest or price mark-ups, corroborating Lunar Capital’s stance as a trustworthy partner in trade execution. Utilizing the MetaTrader 4 and MetaTrader 5 platforms, Lunar Capital 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. Lunar Capital has gathered together a team of knowledgable specialists to provide any assistance new, or experienced traders require when either setting up a new account, or to advise on issues concerning trading platform configuration.

The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. Lunar Capital is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) and operates under the EU Markets in Financial Instruments Directive (MiFID). Lunar Capital does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. These are useful resources, but Lunar Capital still lags some behind industry leaders like eToro with its comprehensive forex education academy. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee.

Lunar Capital lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. The service provider is BeeksFX, but Lunar Capital clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Lunar Capital shows clients how to obtain the most up-to-date rates, a step many brokers omit.

• The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive.
• Our team highly rates Lunar Capital’s forex offering, which includes 72 major, minor and exotic currency pairs and is on par with competitors like OANDA, which offers 68 pairs, and Forex.com with its 82 pairs.
• Regarded as the most popular trading platforms globally, MetaTrader 4 allows traders to apply their expert advisors and algorithmic trading methods as ‘plug ins’ into their platform to adjust and perfect their trading plans.
• The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures.

Unlike a traditional stock market, the foreign exchange market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest commercial banks and securities dealers. Within the inter-bank market, Spreads, which are the difference between the bid and ask prices for the various currency pairs are razor sharp and vary widely from spreads available to investors outside the top-tier. Lunar Capital supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply.

Still, I feel that Lunar Capital could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.