The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000. Client deposits remain segregated from corporate funds at both entities with leading international banks, but Lunar Capital does not list them. Clients can find the provision in the Investment Services General Conditions PDF. Lunar Capital has a clean regulatory track record and established itself as a secure and trustworthy broker. Effective risk management is crucial in forex trading, and ICT plays a vital role in this aspect.

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. Still, I feel that Lunar Capital could become a https://lunarcapital.vip/ 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. For traders seeking to adopt an ICT forex strategy, several recommendations can guide their journey. Firstly, they should embrace technological advancements and stay updated with the latest ICT tools and platforms.

The only downside that ive noticed is that support answers are taking way too long. MetaTrader 4 includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4. The minimum deposit at Lunar Capital usually starts at $100 or the equivalent in other currencies. Opening an account with Lunar Capital is a straightforward process designed to get traders started quickly. 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.

Risk disclosure:

Since its inception, MetaQuotes has built an unrivalled reputation for innovation, consistently delivering intuitive and powerful trading platforms, services, and solutions for market participants worldwide. Lunar Capital places a strong emphasis on technological advancements to provide traders with efficient and speedy trade executions. The broker utilizes cutting-edge infrastructure to minimize latency, ensuring that trades are executed promptly at the desired prices. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.

Company and Service

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. Lunar Capital 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.

Written by the company

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. I like Lunar Capital’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed. Tight spreads increase the viability of short-term trading strategies, while https://lunarcapital.net/ the no-commission model makes trading with Lunar Capital simple for beginners. Lunar Capital offers traders the core MT4 trading platform without third-party upgrades. This feature is something that Forex dealers usually can’t afford to make compromises on.

Having tested hundreds of forex brokers, I feel that the Lunar Capital’s education section is fairly average, with a decent range of materials available but nothing that stands out. Lunar Capital uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. Lunar Capital holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits.

• Additionally, the platform offers interest rates from global central banks.
• Lunar Capital lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent.
• By combining fundamental analysis with technical analysis and leveraging ICT tools, traders can make more informed trading decisions and anticipate market trends.
• This case study explores a hybrid forex strategy combining technical and fundamental analysis.
• Lunar Capital has taken undeviating steps to segregate accounts and the offering of investor compensation schemes as measures to protect the client funds.

It is equipped with useful tools such as advanced charting, and trading strategies, and a nice user-friendly interface. This step is counted as one of the very important factors for traders and thus their ratings go higher. The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds. Its regulation contributes positively to its ratings for credibility and security. Lunar Capital are never charged any commission or fee for trading from their traders.

Yes, it is possible to have a profitable strategy when trading with Lunar Capital, which offers the reliable MetaTrader 4 platform and plenty of analysis to support forex trading. Lunar Capital was launched in 2010 by a group of forex experts aiming to create a competitive and supportive trading experience for clients through transparency and high trade quality. This will be enough to satisfy most traders and provide opportunities to deploy a range of forex trading strategies.

Lunar Capital offers various account types for both experienced and new traders. Each account has different minimum deposits, leverage, and the number of trading instruments. All account types include features like hedging, advisors, free VPS (virtual private server), and a personal manager. Additionally, the broker provides several specialized accounts, including demo accounts for practice trading, Islamic accounts adhering to Sharia principles, and managed accounts for those preferring expert guidance. Whether you are a beginner looking for a low-cost entry into the forex market or a professional trader seeking competitive conditions, Lunar Capital’s ECN XL account provides a solid, flexible option. Lunar Capital offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes.

Consolidating quotes from different participants, ECN brokers are able to offer tighter bid/ask spreads. The interbank market caters for both the majority of commercial turnover and large amounts of speculative forex trading every day. Some of this forex trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank’s own account.

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. 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.

Inactivity Fee

Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience.

• While each analysis is brief, it features all required information for traders to take a position.
• Traders can now monitor and execute trades on-the-go, ensuring they never miss out on potential opportunities.
• Lunar Capital differs from a dealer or market maker as Lunar Capital does not control the bid/offer spread and therefore we cannot provide the same bid/offer spread at all times.
• Lunar Capital’s ‘No Dealing Desk’ execution model comes with no dealer intervention and no re-quotes.

Customer Support

Adaptability and continuous learning are essential in the ever-evolving ICT landscape. Technology advancements, market trends, and regulatory changes necessitate traders to stay informed and adaptable. Engaging in ongoing education, attending industry conferences, and actively participating in online trading communities provide avenues for continuous learning and enable traders to stay ahead of the curve. 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. Or I can risk the same, but now I am risking much less of my own funds👍👌What’s great here is education as well, actually a lot of it, and you can see how comprehensive it is! I’ve been trading with Lunar Capital for a few months now, and so far, it’s been a good experience.

Information secured in this fashion is virtually impossible to hack in any short amount of time. MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. These mobile applications allow traders to connect to their Lunar Capital’s trading accounts, analyze charts, manage trades, and apply technical indicators — all from smartphones or tablets. The apps are intuitive, fast, and offer full trading capability on the go. MetaTrader 4 and MetaTrader 5 are a series of advanced trading platforms designed by MetaQuotes Software Corporation a software development company established in 2000.

Fast and Friendly Support

It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. It is a regulated broker with a European license, which ensures safety for trading and protection for clients. Traders of all levels can deepen their knowledge through a variety of educational resources. Daily technical analysis is updated on the website with the latest information and a successful retest of the next momentum. Lunar Capital operates on a spread-only model, with spreads starting as low as 0 on major currency pairs. Lunar Capital comes with MetaTrader 4 (MT4), which is well-known and liked by a majority of global traders.

As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. Lunar Capital utilizes two-factor authentication (2FA) to prevent fraud and secure accounts, adding an essential layer of protection for all users. Furthermore, the broker ensures that client funds are stored in Tier 1 banks, safeguarding these assets from potential risks. This commitment to security helps to instill confidence in traders who seek reliability and transparency.