However, please note the subsequent information in this review pertains to the entity Notesco Limited registered in Bermuda with registration number 51491. Broker research materials have been neglected, generating the biggest black mark in our review. The free LunarCapital Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases.

Does LunarCapital offer demo trading?

They continuously invest in product innovation and company personnel to meet the needs of traders and investors by delivering bespoke quality and unrivalled level of high-quality services. The vast number of awards that the broker has won over the years is a testament to their success. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments.

Choose your language

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 commission-free Absolute Zero account. Low trading fees and quality education for beginners from an industry leader. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

About the Editorial Team

The LunarCapital website is available in many different languages, while the MT4 platform can be opened in even more, which makes it suitable for traders from all over the world. When registering their account, LunarCapital can opt for the following languages – English, German, Spanish, French, Italian, Portuguese, Polish, Russian, Japanese, Arabic, Korean, and Chinese. EAs are automated trading bots, which can be customized by the trader and used for robot trading based on preset rules and conditions.

With that said, the brokerage does have plans to introduce MT5 in the future. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator. LunarCapital customers can choose from a good range of deposit and withdrawal methods.

The trading process is automated which keeps manual intervention to a minimum and thus helps to maximise efficiency and effectiveness. The award-winning trading platforms available provide an automated risk-management system to ensure that client accounts will never go negative. I had no seious troubles during onboarding as customer support team got my back, and I managed to pass through all mandatory steps to get down to trading easily. I am still on the demo but I am looking at this function and think of finding a good leader to follow.

We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. There may be fees charged when using certain payment methods but I generally found them to be negligible. Of course, if you are moving large amounts then you might notice more of a difference. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Deposits

So it would not be possible without really great variable spreads that you can find with some types of accounts opened with Iron fx. I am doing eur/usd and gold, so far, this easy combination has been doing great for me. Say what you will but MetaTrader4 still perfectly tackles all sorts of modern challenges and I think putting stakes at this platform was a right step made by the broker. LunarCapital provides 24/5 customer support through email and live chat to all the users and active clients from 180+ countries. Moreover, you can get the answer in more than 30 different languages. LunarCapital offers trading on copper futures, as well as energy futures – US light sweet Crude oil, Brent Crude oil, and natural gas.

What CFDs Can You Trade With LunarCapital?

Trading Central is an excellent tool for any trader searching for a way to automatically scan their favourite trading instruments for customised signals. It can save you from hours of watching the charts and send you signal notifications for you to be aware of what is happening at all times. I would always look for a broker who provides this tool or Autochartist as an alternative.

It’s great that they serve clients from all different backgrounds and with different religious beliefs. However, as with demo accounts this is something that you would expect from all brokers nowadays. The broker is regulated in multiple jurisdictions by some top-tier regulators. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics. Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity.

• From the account types to the trading conditions like the execution speed and also the fast withdrawals, I knew without a doubt that I was at the right place.
• LunarCapital is a relatively small FX and CFD broker but it offers its clients access to global markets, various trading instruments, and average spreads.
• The broker is also regulated by the Australian Securities and Investments Commission (ASIC) and with this license, the broker is authorized to operate in Australia, New Zealand, and South Africa.
• So now your withdrawal will be denied as your trading.This just goes on and on.
• For those of you who are of Muslim faith, I am pleased to say that the broker does have swap-free accounts which comply with Sharia law.

With this type of account, traders receive direct access to other participants in the market. The ECN broker manages to consolidate quotes from several participants, which is why spreads here start from 0.0 pips and are typically very tight. A commission is charged, however, because the broker needs to be compensated in some way.

The loyalty program is designed to reward consistent and high-volume traders, providing an additional incentive to remain active in the markets. LunarCapital provides the industry-leading MetaTrader 4 (MT4) platform, favored for its advanced algorithmic trading capabilities and user-friendly interface. While MT4 remains the core offering, LunarCapital has announced that MetaTrader 5 (MT5) will be available soon, https://lunarcapital.net/ further expanding trading options for its clients. All this together makes trading on company’s platform profitable and efficient.I trade currency pairs.

• I had to hedge trades I hadn’t opened and then had to take the hit for massive fees until I could get out of the hedge trades.
• With LunarCapital’s currency converter, pip, margin, and profit calculators, you can quickly evaluate the probable outcomes of you trades and hedge against risks.
• They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients.

I was stressed beyond belief but my account manager was not interested. I received a phone call an hour later ‘persuading ‘ me it would be good. I feel completely duped and the 100% bonus has been recouped in fees and my losses. I’m looking to take legal action and waiting for a response to my complaint to Notesco Int Ltd. I never used bots, plugins, or any unfair methods—my trades were 100% manual.I’ve contacted support multiple times with no reply.

LunarCapital enables commission-free trading; however, I found that spreads on some popular instruments exceed the industry average. LunarCapital offers access to trade a decent amount of around 300 trading instruments across multiple markets including Forex, Commodities, Futures, Stocks, Shares, Indices, Metals, Energies & CFDs. Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. Many years of experience within the trading industry has made LunarCapital experts at delivering flexible, bespoke and multifaceted trading platforms. Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms.

I also reached out to the influencer who recommended LunarCapital and received no follow-up. This kind of silence and lack of transparency is unacceptable for any broker.If this is not resolved soon, I will continue sharing my experience across trader forums to warn others. VIP members benefit from even better conditions – for instance, the spreads are tighter, around 1.4. However, this type of account is offered only to traders who make deposits of $10,000 or more and have the US dollar (USD) as their base account currency.

I assessed that LunarCapital’s swaps were average to high compared to the industry benchmark. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. However, I also spotted that the broker’s website does not display live spread data.