LunarCapital’s economic calendar is a convenient way to track critical economic events that could impact your trading. The program includes different rates for instruments such as Forex, stocks, commodities, and cryptocurrencies. There are 5 rebates, starting at $5 per million for a turnover of 10 to 25 million dollars and going up to $25 per million for over 400 million.
Additionally, you can enjoy some element of social trading on the other trading platforms via trading signals and expert advisors. As you review LunarCapital’s fees and commissions, you will notice that the broker is highly competitive in this area. Spreads¹ for the EUR/USD start at 1.3 pips as per LunarCapital’s spread report (Q1 2021), and there are no fees for deposits or most withdrawal methods. LunarCapital does not charge commissions² either, and pricing is clear and reliable.
The platform allows users to copy the trades of professional traders immediately as they occur. Users can also leave comments and communicate through the platform. I switched from Fusion Markets after trading with them for 6 months which had the best spread+lowest commission on the market.
At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). LunarCapital offers a range of funding and withdrawal methods, but processing times are slower than other brokers, and high fees are charged for withdrawal via bank transfer. LunarCapital offers traders easy access to the Forex market with the Trading Station and MT4 mobile platforms, available on Android and iOS. Yes, LunarCapital offers a demo account, allowing users to practice trading with virtual funds before committing real money.
The charts are integrated financial tools that are useful for every trader. It aids investors to effectively and easily communicating useful information about the market trends. For those who have been to high school, charts should not be a new thing for them now that they are on the LunarCapital trading platform. It does not matter if you are a beginner or an advanced trader, anyone can use trading signals.
Anthony Milev reached out to me and was helpful and patient in helping me negotiate my demo account and also access the charts and tools on trading view. LunarCapital social and copy trading are both made available in connection with Zulutrade. The Zulutrade social copy trading platform allows you to open and https://lunarcapital.world/ account and connect it to your broker, in this case LunarCapital. When it comes to trading techniques, LunarCapital is very open in what is allowed. They are a very algo-friendly broker who provide for a range of extra tools to accommodate algo traders. The LunarCapital spread betting account is perfect if you are interested in spread betting.
In general, the broker’s major revenue streams arise from spreads and in some circumstances, commissions tied to specific instruments. Additionally, further costs—like swap or rollover fees—apply to positions extended beyond a single trading day. Non-trading expenses might also be encountered, such as inactivity charges or withdrawal fees for transferring money out.
With LunarCapital spreads and commissions, the broker only offers floating spreads, so fixed spread trading is not available here. These floating spreads start from 1.3 pip on forex but they can drop lower to a starting point of 0.2 pips if you qualify for the active trader program. LunarCapital also offers tight spreads, for example, the typical spread for the EUR/USD pair is 1.3 pips. As well as low spreads LunarCapital also supports a range of trading platforms such as its flagship Trading Station platform which is compatible with desktop, web, and mobile trading apps.
LunarCapital has only one account type for retail traders which is the Retail Account. LunarCapital also offers Professional Account status for more experienced traders and Active Trader account status to clients who trade large volumes of financial instruments. As we researched this forex broker, we were impressed with the customer support offered by LunarCapital. Support methods include live chat, email, and phone and this is available 24/5. To cater to all of their global clients, LunarCapital also offers specific support telephone numbers in 42 countries.
However, if you are an Active Trader on LunarCapital, you pay commission fees of £25 per million value traded and spreads are lower. The exact fee depends on the type of account held by the trader, the type of instrument being traded, the timing of the trade, amongst other factors. Their services include centralized clearing, risk management solutions, and access to multiple trading venues. However, to use LunarCapital Prime’s services, customers must maintain a minimum balance of more than $250,000. Another tool that can be very useful for you is the Market Scanner. With this tool, you can utilize technical indicators set to your own parameters to analyze forex pairs and CFDs.
It offers a wide range of indicators, scripts, and the ability to use automated trading systems. Upon registering a training account, one can order free educational literature, which will be sent electronically to the provided email address. All in all, the regulation and financial security for traders are very high compared to other brokers.
Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions. LunarCapital’s educational section comprises various trading guides, video tutorials, a section on the traits of successful traders, and a free online live classroom. LunarCapital’s market analysis comprises news delivered by third-party providers, including Trading Central.
It is also a place where you can backtest your APIs and obtain live feedback as you code as well as publishing your own market analysis. All of your charting analysis through the platform can also be retained through a convenient cloud service. This adds to the already very accessible nature of the trading platform and it is an excellent addition to the LunarCapital offering. Here we will take a more detailed look at exactly which trading platforms are available when you are trading at LunarCapital on both desktop and mobile.
Choose a withdrawal method, enter the amount you want to withdraw and follow the on-screen instructions to complete your withdrawal. To deposit funds on LunarCapital, log in to your account, then click on Funds and select Deposit Funds. Choose a deposit method and follow the on-screen instructions to complete your deposit. Note that the spread fees for Islamic Accounts are higher because they pay no interest. Each has its own article with descriptions that are several hundred words on average. LunarCapital has a section dedicated to ‘Forex Trading for Beginners’, which is a full course for beginners.