The broker utilizes cutting-edge infrastructure to minimize latency, ensuring that trades are executed promptly at the desired prices. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. THis way, I can now have much more flexibility in my capital.For instance, if I now have 2x my capital, I can risk 2x more on my trades, this way I would be risking 1x of my own money.
Additionally, due to how connected information is transmitted, transparency is yet another key benefit of an ECN broker. All ECN agents are https://lunarcapital.net/ granted access to the same market data and trade; therefore, transparency of fundamental market prices from numerous liquidity providers is guaranteed. Besides serving big financial institutions and market traders, ECN brokers also cater to individual trading clients. ECNs enable their clients to trade against each other by sending bids and offers onto the system platform. The Forex market is said to be one of the most popular markets for smaller traders. Here, gains are made from the tiniest price fluctuations on currency pairs.
Powerful Platforms for All Devices
Opening an account with LunarCapital is a straightforward process designed to get traders started quickly. You are often an open book when you are dealing with typical Forex trading. Nevertheless, privacy and confidentiality assume high importance when you opt to go down the path of an ECN broker. The high level of confidentiality and secrecy indeed has to do with the fact that the broker would only serve as a middleman in the market instead of a market maker. Instead, it happens between buyers and sellers from different parts of the globe, through an over-the-counter (OTC) market. And, it goes without saying that you need to use a broker to access this market.
Risk disclosure:
The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read. Clients can also download a range of ebook PDFs for free that go into further detail on strategizing and online trading. EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees. The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive.
- The broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users.
- This account features spreads starting from 0 with no trading commissions, providing a cost-effective trading environment.
- However, due to European regulations, this bonus is not available for clients from the EEA.
- CENTRAL CLEARING Ltd and regulated by Mwali InternationalServices Authority (MISA) as an InternationalBrokerage and Clearing Housewith Licensing Number BFX202408.
It helps professionals in the forex market trade currencies, cryptocurrencies, indices, energies, and metals using advanced technology. The company is known for focusing on its customers by offering competitive prices and favorable trading conditions. CySEC works under an extensive set of regulatory guidelines proposed by the ECB and the MiFID, as per the input and supervision of individual regulatory agencies across Europe. All Forex trading companies domiciled in the EU are subject to the regulatory supervision and scrutiny from all allied regulatory organizations, which ensures a uniform code of conduct across the EU. LunarCapital is also expected to have an effective insolvency procedure in place to ensure that all customers will be fairly compensated in the event of bankruptcy or liquidation. The CySEC has further reinforced investor safety through the Investor Compensation Fund that provides a guarantee of up to €20,000 if a broker winds up its business without warning.
LunarCapital does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with. Using an ECN broker has several advantages; in fact, a large number of traders are looking forward to ECN brokers, and for a viable reason. ECN brokers offer a range of major benefits, which may help them get ahead of their leading counterparts. LunarCapital could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. The European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business.
they offered 100% deposit!
After reviewing LunarCapital, we find that the company offers trading with the STP/ECN model and quotes directly from liquidity providers. They have created different types of accounts with various features and minimum deposit requirements, making it easy for traders of all levels to get started. LunarCapital operates in a regulated environment, which ensures a safe and supportive trading experience. However, for better transparency, we recommend signing up with a European entity. LunarCapital offers a No-Dealing Desk (NDD) Forex brokerage service through genuine ECN/STP conditions, which are devoid of any conflicts of interest between LunarCapital and its clients. Forex trading is a high-risk financial product that has a large number of risks in the market due to the significant amount of volatility, high leverage, and a trader’s emotional factors.
LunarCapital’s offerings include commodities, currencies, cryptocurrencies, and indices, giving traders flexibility in choosing their preferred markets. With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions. Market prices fluctuate reflecting the supply, demand, volatility and other market conditions. The LunarCapital-ECN model enables clients to trade on tight bid/offer spreads, which can be lower than one pip on some majors in certain market conditions. Through the use of LunarCapital’s API, clients can easily connect their trading algorithms, expert advisors, models and risk management systems to the live market data feed and the price matching engine.
LunarCapital Trading platforms
The MetaTrader 4 and MetaTrader 5 mobile apps offer complete, fully featured trading platforms for Android and iOS devices. Whether you prefer MT4’s trusted simplicity or MT5’s extended functionality, both apps deliver the power of desktop trading in a mobile-optimized experience. Yes, our LunarCapital review found that the broker is regulated by the FCA, BaFin, and CySEC. While these are all leading regulatory bodies, our LunarCapital review experts highly suggest registering with one of our recommended and trusted online forex brokers instead. LunarCapital has taken undeviating steps to segregate accounts and the offering of investor compensation schemes as measures to protect the client funds.
Enjoy the benefits and start trading with spreads starting from as low as 0.0 pips, zero commissions, zero swaps, zero mark up and zero deposit fees. LunarCapital clients can trade forex instantly, taking advantage of live streaming, best executable prices in the marketplace, with immediate confirmations. Minimum deposits vary depending on account type at the LunarCapital forex broker.
- The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000.
- I was a bit cautious when I saw that XL account is the only option; but the conditions are quite enticing, so I ended up opening one (Thankfully, they made is swap free on my request).
- 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.
Trading Forex
All account types include features like hedging, advisors, free VPS (virtual private server), and a personal manager. LunarCapital offers a comprehensive range of tradable instruments, including major and minor currency pairs, commodities, indices, and metals. This diversity allows traders to build diversified portfolios and explore various market opportunities, catering to both short-term and LunarCapital cheating long-term trading strategies.
LunarCapital brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. LunarCapital operates on a spread-only model, with spreads starting as low as 0 on major currency pairs. ECN brokers are financial experts that use their sophisticated electronic networks to link their clients with other market participants. Consolidating quotes from different participants, ECN brokers are able to offer tighter bid/ask spreads. 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.
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. LunarCapital is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC, MiFID, and MISA, LunarCapital provides competitive spreads starting from 0 with no trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options. There are no commissions and tight spreads sourced directly from liquidity providers.