Failure to meet a margin call can result in the broker liquidating the trader’s positions to cover losses. I use Lunar Capital for forex trading and have been impressed with the huge range of currency pairs, transparent fees and reliable MetaTrader 4 platform. I think the client dashboard and website could do with an overhaul though – they are pretty dated. The very first thing I noticed when I started trading with the ECN XL account was the instant execution.
- I was trading with another broker previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed.
- In the world of trading, understanding leverage and margin is crucial for success.
- Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar.
- Lunar Capital employs an electronic communications network/straight-through processing (ECN/STP) model, so you get tight forex dealing spreads from top Interbank liquidity providers.
- One of the most ignored trading costs is swap rates on leveraged overnight positions.
- Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option.
So far everything looks reliable, and this is a good sign for further cooperation. I will continue to work with them and test on larger amounts, let’s see how the broker copes with further operations. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. As you increase leverage with Lunar Capital, carefully consider how it impacts your risk-reward ratios.
That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. If the margin drops below the required levels, Lunar Capital may initiate what is known as a “margin call”.
- These concepts can help traders maximize their potential profits, but they also come with increased risks.
- Lunar Capital provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers.
- In addition, Lunar Capital maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks.
You can treat your capital as an asset to magnify its ability to trade financial markets. The leverage you use on any forex trade will depend on the restrictions your broker allows you to apply and the level of risk versus reward you want to take on. Close to $5 trillion worth of currency gets exchanged each trading day. The swift online application at Lunar Capital requires a name and e-mail. Clients may also use their Facebook or Google accounts to open an account.
Reviews for Lunar Capital
Lunar Capital has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. Lunar Capital runs bonus offers in certain jurisdictions, and when I opened an account with the global entity I was offered a 100% deposit bonus up to $2000. In summary, a situation where a margin call might occur is due to use of excessive use of leverage, with inadequate capital, whilst holding on to losing trades for too long, when they should be closed. Whether you are a novice trader or a seasoned professional, Lunar Capital has the tools and resources you need to succeed. Join the worldwide community of Lunar Capital traders today and experience the difference that Lunar Capital can make. Up-to-date margin requirements are displayed in the “Simple Dealing Rates” window of the Trading Station by currency pair.
Demo Account
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. All content on this site is for informational purposes only and does not constitute financial advice.
Why is margin important for Forex traders?
Lunar Capital offers traders a competitive commission-free trading environment. The EUR/USD spread ranges between 0.0 pips and 0.3 pips, with occasional spikes during the market news and trading session breaks, which Lunar Capital transparently displays on its website. Lunar Capital deploys an ECN/STP execution model and does not manipulate quotes.
Anyway, after reading some reviews I decided to give it a shot and signed up for this company. To my surprise everything was better than I expected, I didn’t have any problems with the registration process. However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners. The three chart types MT4 offers are far behind newer alternatives such as TradingView, and the 9 time frames from 1 minute to 1 month have also been surpassed by many other platforms.
Is Lunar Capital A Regulated Broker?
The amount of leverage you use depends on your preferred trading style and how aggressive your trading is. Leverage magnifies the returns from favourable movements in a currency’s exchange rate. Forex traders must learn to manage this force and employ risk management strategies to mitigate potential forex losses. Lunar Capital advertises free VPS, supporting automated trading solutions. The service provider is BeeksFX, but Lunar Capital clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots.
I have been working with Lunar Capital for some time now and I can confidently say that it is one of the best brokers on the market. One of the main advantages is the use of ECN-technology, which provides instant execution of orders without the intervention of the dealing center. This guarantees fair and transparent trading conditions, which is especially important for me as a trader.I would also like to note competitive spreads, which allow minimizing trading costs. The Lunar Capital platform is easy to use, which makes it a great choice for both beginners and experienced traders.In addition, the support team is always ready to help and answer all questions. I recommend it to anyone looking for a reliable and professional partner for successful trading.
Lunar Capital does not anticipate more than one update a month, however extreme market movements or event risk may necessitate unscheduled intra-month updates. The maximum leverage offered by Lunar Capital depends on the specific regulatory framework and the trading instruments involved. It also varies based on the division of the broker where the trader has opened an account and the trader’s country of citizenship. Below, we have gathered the regulatory information that Lunar Capital adheres to and the current leverage limits imposed by various regulators. Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. Lunar Capital has unusually competitive dealing spreads that you can gauge by opening a free demo account.
I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions. This is a rare feature that you don’t see at many rivals, and a promising sign of transparency. In our experience, the 0.2-pip average spread on EUR/USD is far tighter than most commission-free accounts, which regularly charge 1 pip or more for this major pair. That said, the bonus could not be withdrawn, and if your account balance reaches below 50% of the available bonus credit, the amount will be removed. This means that clients of Lunar Capital’s offshore branch won’t get the same level of protection and https://lunarcapital.vip/ won’t have access to compensation schemes or trusted regulators if things go sour.
Stratos Global LLC (“Lunar Capital”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. Lunar Capital is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Margin requirements can periodically change to account for changes in market volatility and currency exchange rates. For example, the margin requirement https://lunarcapital.team/ (MMR) for a specific currency pair is calculated as a percentage of the notional value of such pair. As the exchange rates for any specific currency pair fluctuate up or down, the margin requirement for that pair must be adjusted. As an example, if the Euro strengthens against the US dollar, more margin will be required to hold a EUR/USD position in a US dollar denominated account.
Therefore, we propose to delve into Forex and find out everything in detail. By default, broker Lunar Capital sets the maximum leverage for all trades. This article equips you with the knowledge to navigate the leverage maze in forex trading. We’ll explore what leverage is, how it works, and most importantly, develop smart strategies to leverage your forex trades like a pro. Losses can end up massive, and profits can shrink with forex leverage.
Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.