It has thousands of tools and apps already developed that add extra functionality to the platform. It is available as a windows desktop downloadable application and also as mobile app for iOS and Android devices. I prefer the desktop platform as it has the most functionality and supports automated trading. I think MT4 is an excellent choice of platform for anyone who wants to develop their own trading strategies for both manual and automated trading. It is very easy to use with a fully customisable user interface that makes trading online a breeze. Keep in mind, when you trade on LunarCapital’s MT4 platform, the execution, trading features, and settings may vary from that of the flagship Trading Station platform.
Trading with LunarCapital is considered safe due to its strong regulatory framework and commitment to client protection. The broker adheres to strict regulatory standards, including client fund segregation, ensuring that traders’ assets are protected in the event of financial instability. As one of the downsides, we see that the range of instruments offered might not be sufficient for some traders as thousands of instruments are indeed not available. Additionally, the availability of certain assets and the minimum deposit requirements vary depending on the entity, so is good to verify conditions before getting started.
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Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection. New traders go through a quick three-step account application process at LunarCapital, including account verification. Most traders will easily satisfy it by sending a copy of their ID and one proof of residency document, satisfying regulatory KYC/AML requirements. Opening a live forex broker account at LunarCapital is very quick and easy. 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.
User Experience
LunarCapital or Forex Capital Markets is a market-making forex and CFD broker and has been an industry leader ever since it was founded in 1999. Today, it’s one of the most relevant brokers on the market for novice and experienced traders. Trading Station desktop (not to be confused with TradeStation) is LunarCapital’s main platform. It provides a good trading experience for all kinds of investors, be it beginners or advanced traders.
These figures have rules that mandate that trading platforms have ploicies in place to maintain investor’s assets secured. This means that LunarCapital users don’t need to worry about their money since it’s segregated and safely kept in established banks. Still, the relatively high standard on minimum deposit ($25,000) puts LunarCapital as a broker suitable for experienced traders with good money https://lunarcapital.vip/ management. Institutional account, also known as LunarCapital Pro, is marketed as a wholesale execution and liquidity solution for retail brokers, hedge funds, and emerging market banks. The account presents trading spreads from 0.1 pips and other competitive benefits like API solutions as well as prime brokerage services.
- It allows traders to execute trades, access a variety of charting tools, use technical indicators, and implement automated trading strategies.
- You will then choose the account type, platform (like MT4, Trading Station, etc.), and deposit amount, which is virtual for a demo account.
- Both analysis and trades can take place directly from the chart with a few clicks, and the handy sidebar makes it very easy to cycle through tradeable assets.
No matter your budget or your location, you can always fund your account with ease. As noted in the introduction, LunarCapital is a trusted forex broker that has been operating for 20+ years. It was established back in 1999 in London and now caters to clients across the world. LunarCapital don’t apply any fees on withdrawals and the processing is in line with industry standard timings. More information is found here – where LunarCapital have published a video tutorial of how to move funds. The newsletters include 5-6 trading ideas to inform users, based on technical chart analysis.
LunarCapital Mobile App Review
LunarCapital is an established and regulated online broker with a superb range of powerful and versatile trading platforms, including FIX API connectivity for institutional trading. They have an abundance of robust trading Lunar Capital forex broker tools to assist you with analysing the markets in great detail to discover potential trade opportunities. There is a plethora of market research and insights from the experts which can help you to make informed decisions.
Conclusion – What are LunarCapital’s Strengths and Weaknesses? 💭
With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. LunarCapital supports several different funding options for fast and secure payments. All LunarCapital traders can access the client-service portal via their live trading account login details. As we have already discussed, LunarCapital provides access to a variety of trading platforms, and as a result, you can trade via the Trading Station, MT4, or ZuluTrade mobile trading app. The LunarCapital web trading platform offers a user-friendly and intuitive interface making navigating through the different features a breeze.
The LunarCapital Rebate Program is ideal for investors who are active in the financial markets. LunarCapital’s proprietary Trading Station platform is compatible with iOS and Android mobile devices. With commission-free stock CFD trading, you can invest as much as you can afford with fractional share trading with minimum trade sizes of 1/10th of a share. As we have already discussed LunarCapital only provides access to CFD and forex trading.
This is available to all clients who choose to trade on the MT4 platform. The free VPS is provided to high volume traders who have traded up to 500K per month in the last 3 months. LunarCapital has partnered with two renowned VPS providers to bring this service to its clients. I have my own VPS from a third-party provider that I find to be an invaluable tool for running my automated systems around the clock on multiple instances of the MT4 platform. This way I can test how they perform on different brokers without needing my own computer constantly running.
This is the more reason the LunarCapital platform is having a demo account for individuals that want to test the platform. There are lots of tools and practice trades on the demo with free unlimited access. One other fascinating feature on the mobile platform is the prompt notification offered. Many mobile platforms out there will allow customers to pre-set notifications for prices, margin levels, and market conditions.
- Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card.
- For more detailed steps, you can visit LunarCapital’s demo account page on their official website.
- The conversion fee will depend on the money you are choosing to withdraw in.
Sierra Chart is a professional trading platform for the financial markets, compatible with many externally available trading services. However, if you’re a trader who appreciates having a wide range of tradable assets and 24/7 customer support, this might not be the right broker for you. LunarCapital has been a trusted name since 1999 and is backed by top-tier regulators. LunarCapital offers easy-to-use platforms and helpful educational tools that make it a great option for beginners.
Forex Trading: Forex CFD Broker
Should you decide to register with LunarCapital after reading our review, you’ll benefit from a speedy sign-up process, multiple trading platforms to choose from, and convenient depositing methods. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. MetaTrader4 is the most popular trading platform in the world and boasts millions of users. The advantages of the platform extend a long way past it being robust, ideal for charting and coming packed full of indicators.
✅Once you can access the client interface, you may use any funding options provided, including credit card and bank transfer, to add money to your account. As part of its standard procedure, client assets are held in separate accounts at leading financial institutions. Eliminating the mingling of personal money with operational expenses and bolstering monetary safety measures. Moreover, headquartered in the United Kingdom, they capitalized on the emerging internet environment of the early 2000s to revolutionize forex trading via online platforms. Even though the recorded spreads commissions are average to competitive, they don’t have the side-by-side comparison.