Forex Trading the Best ECN Forex Broker, Currency Trading Online

Our Affiliates CPA Commission scheme is one of the most competitive in the forex industry, allowing you to earn up to $500 CPA. The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). If a forex trader can guarantee large numbers of transactions for large amounts, they can usually demand a smaller difference between the Bid and Ask, which is referred to as better forex spread. The platform allows orders to be placed in a variety of ways, including trading directly from charts.

Lunar Capital’s primary ambition is to equip our clients with the requisite tools to hone their skills and relish an unparalleled trading experience at every phase of their voyage. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. The Vanuatu Financial Services Commission (VFSC) provides Lunar Capital with a competitive regulatory environment for international clients. EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC). The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000.

Our relentless pursuit of operational security is anchored in our solid regulatory framework, meticulous segregation of client funds, and our fortified association with the Investor Compensation Fund. Each of these elements interweaves to form a robust tapestry of security, reflecting our unwavering resolve to protect our clients’ assets and interests. Our membership with the Investor Compensation Fund (ICF) is a testament to our dedication to providing an added layer of financial assurance. This arrangement is an integral part of our security apparatus, aimed at fortifying our clients’ confidence. Our advanced Price Aggregator continually scrutinizes the Bid/Ask prices entering our ECN system, displaying the optimum price combinations sourced from our liquidity providers. This dynamic pricing mechanism creates a professional trading sphere for all levels of traders, opening avenues for enhanced profitable trading.

  • ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
  • The ECN XL Account stands as one of the most economical gateways to forex trading.
  • Lunar Capital also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework.
  • Our partners benefit from a full suite of marketing material and promotional tools to help them grow their business and increase their online & offline opportunities.

The overall trading environment at Lunar Capital features a low cost structure and competitive asset selection, . Lunar Capital lacks more trading tools, like CFDs https://lunarcapital.vip/ on stocks for example, which became so popular recent days. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at Lunar Capital, and the overall product remains impressive. Lunar Capital offers beginner traders a sound educational offering from where traders can expand. While an interactive course or videos are not available, the existing content provides a well-thought-through introduction to trading.

Robust Regulatory Structure: A Beacon of Compliance

You can now boost your income thanks to our high quality financial products, competitive and flexible trading services and stable technology platforms. The Lunar Capital Affiliate Program is one of a kind, customized based on research and the needs our valued partners raised over the years. Until recently, foreign exchange brokers did large amounts of business, facilitating interbank forex trading and matching anonymous counterparts for small fees. Today, however, much of this business has moved on to more efficient electronic systems, referred to as ECN. MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. With the Lunar Capital MT4 trading arsenal at your disposal, all your energy can be channelled into implementing your trading strategies, secure in the knowledge that the suite of tools in MT4 are there to back you up.

Ready-made risk warnings, regulatory license text and other content, to be placed on your online sites. No, Lunar Capital is a legit broker with regulatory oversight from the VFSC and the CySEC. Examine the latest Customer Reviews and Comments about the Top Forex Brokers written by real traders and Forex experts on a daily basis.

Partner with a Broker on Your Side

  • This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support.
  • Our Affiliates CPA Commission scheme is one of the most competitive in the forex industry, allowing you to earn up to $500 CPA.
  • As with any financial transactions, the security of the information being transmitted is of fundamental importance.
  • One significant advantage is that Lunar Capital offers a more in-depth introduction to MT4, which many brokers fail to do, and which can truly set traders up for longer-term success.

To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee. Whether you are using MT4 or MT5, the WebTrader ensures fast, secure, and efficient trading from anywhere in the world. Our team is ready to listen to your proposals and offer a customised solution. For further regulatory information regarding the Payment Service Providers please visit the deposit methods page. Manipulation and intervention is eliminated due to ECN efficiency and transparency, providing the fairest most equitable trading possible.

EXTENSIVE RANGE OF TOOLS

Embedded tick charts are an extremely useful way to determine accurate entry and exit points. 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. Through the Lunar Capital Partners Hub, our valued partners can access a wide range of marketing material and full range of statistics. The logic is simple, the more active clients you have and the more they trade, the higher rebates you will receive. Lunar Capital branded merchandise such as pens, stress balls and key rings to be given out as gifts to your clients.

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 the no-commission model makes trading with Lunar Capital simple for beginners. 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. Unlike a traditional stock market, the foreign exchange market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest commercial banks and securities dealers.

Regulated, Transparent and Fair ECN Trading

Islamic traders will also be pleased that a swap-free account is available upon request. From fully branded banners, logos, landing pages, to tracking links and complete range of statistics designed specifically for you. As technology is evolving we keep upgrading our systems and user interfaces with new features to cover your needs.

However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing. Lunar Capital could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders. I find Lunar Capital’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours.

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. Our team is happy to see that Lunar Capital does not impose any trading https://lunarcapital.net/ restrictions, meaning strategies such as hedging and scalping are viable. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so.

Does Lunar Capital Offer Low Forex Trading Fees?

I always recommend that traders check them before evaluating the total trading costs. Lunar Capital shows clients how to obtain the most up-to-date rates, a step many brokers omit. With no minimum deposit, high leverage, and low trading costs, Lunar Capital is ideal for beginner traders and demanding seasoned ones alike.

I am getting the error message; «your account has been locked out, because of too many invalid login attempts».

There are no commissions and tight spreads sourced directly from liquidity providers. While testing Lunar Capital, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips. 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. Lunar Capital’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so Lunar Capital is behind the competition here. Your mission is very simple – to recommend our services to prospective clients.