When you initially downloaded the MT4 program onto your desktop, an icon was created on your computer’s desktop screen. When you open your chart, click and drag your custom indicators to your chart if you want to install your indicators with your MT4 chart. Access MT4 with your LunarCapital username and password, or with a demo account. Simply fill out LunarCapital’s form and open your account in a few short minutes. LunarCapital is one of the first providers of online trading, foreign exchange, stocks, commodities, and spread betting – available in the UK and to Ireland residents only.

• Trading in futures and options carries substantial risk of loss and is not suitable for every investor.
• FXTM offers social trading features, allowing traders to copy the trades of experienced professionals.
• Along with MT4, FXTM has also included MetaTrader 5 in its list of available platforms.
• Other factors, such as commission fees and account types, can also impact the overall cost.

So Is FXTM or LunarCapital The Best Broker?

Therefore, LunarCapital can’t make any guarantees or promises about services provided by VPS. There are risks involved with using them, and that is up to the customer to research and understand, but at this time, LunarCapital is compatible with VPS. Download the mobile app, or you can choose the work through the web version. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS. Whether you are a novice trader or a seasoned professional, LunarCapital has the tools and resources you need to succeed.

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.

In my opinion, LunarCapital seems to be the cheaper option when it comes to spreads. However, it’s important to remember that spreads are just one aspect of the cost of trading. Other factors, such as commission fees and account types, can also impact the overall cost. Along with MT4, FXTM has also included MetaTrader 5 in its list of available platforms. It offers an even wider range of technical indicators, analytical objects and timeframes, more types of pending orders as well as richer interface customizability options in comparison with the MT4 software. This is a close match-up, as there is no sizeable difference in terms of the trading costs.

A Single Account. Multiple Markets.

By industry standards, both brokers offer relatively high spreads, so there is no material advantage with either of the two brokerage trading firms. On the plus side, at LunarCapital standard account, you can enjoy commission-free trading. Traders can place trades on gold, silver, platinum, palladium, S&P, Dow Jones, DAX, CAC and more. The mobile app features in-app demonstrations and CFD trading accounts, and you can register for a free demo to help understand how to trade within the app. FXTM’s ECN Zero account can be opened with a minimum deposit of $200. Clients can access 48 Forex pairs, 3 Spot Metals and 14 Spot CFDs on the broker’s MetaTrader 4 software and 33 Forex pairs and 2 Spot Metals on its MetaTrader 5 platform.

LunarCapital’s MT4 platform is known for its advanced features and user-friendly interface. On the other hand, FXTM’s MT4 platform is praised for its speed and reliability. For traders looking for the best MT4 experience, this list of top MT4 brokers might be helpful. The brokerage will offer discounts on spreads for active traders who meet its minimum notional volume requirement of USD 150 million per month. Forex traders will receive different tier Lunar Capital review rebates depending on their trade volume.

Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker.

LunarCapital is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. At FXTM, spreads start from 0.1 pips on major currency pairs, and a commission of $4.00 per round turn will be charged for every 1 Standard Lot traded. Yet, terms for MT4 ECN account commissions tend to be flexible and will depend on traders’ equity and trading volume (lower commission for higher equity and larger trading volume). Similar to FXTM, LunarCapital offers all-inclusive, variable spreads on its Standard account, which starts from 1.2 pips on major pairs such as EUR/USD. Since LunarCapital is compensated by adding a mark-up to spreads or to rollover fees, it will not charge clients any commissions for trading Forex, Shares, Crypto and Commodity CFDs. Both LunarCapital and FXTM offer MetaTrader 4 as one of their trading platforms.

LunarCapital MT4 Advantages

He has Finance degree at Monash University and is an investor in shares and equities and successfully started and sold the online business Hearing Choices. No commission account spread propiety testing data and published wesbite spread information, centralised on our Standard Account Spreads page. In both cases, we received emailed responses to our inquiries in a bit less than 24 hours, while https://lunarcapital.team/ the information was precise. Clients can contact FXTM for general and account-specific inquiries via email.

LunarCapital offers access to many powerful forex trading platforms through your LunarCapital account.

When it comes to withdrawal options, LunarCapital will not charge any withdrawal fees for Debit/Credit Cards and E-wallets. However, it will apply a fee of up to $40 for withdrawals via bank wire transfer. The fees will depend on the base account currency and the location of the target bank account. Clients should be aware that all the educational and research content is provided with sole informational purposes and should not be taken as investment advice. If you have an inquiry about the online trading service offered by any of the two brokerage trading firms, don’t hesitate to contact them directly. As we were navigating the brokers’ websites, it immediately became clear that both LunarCapital and FXTM had particularly invested resources in their Forex trading education sections, offering diverse content to clients.

Forex Trading Platforms

• Users find a bounty of educational content on LunarCapital, which isn’t the case for all brokers.
• However, both brokers provide tools and resources for traders to enhance their trading strategies.
• Forex traders will receive different tier rebates depending on their trade volume.
• For over 10 years we consider our independence, absolute openness, and objectivity as our main priority.

Gain complimentary EAs (Expert Advisors) and access to a Virtual Private Server (VPS)¹ through your MT4 account. LunarCapital will charge an inactivity fee of $50 in case there is no client-initiated activity for a period of 12 months. FXTM will charge such a fee ($5/EUR 5/ GBP 5) in case there is no trading activity for a period of 6 months.

Join the worldwide community of LunarCapital traders today and experience the difference that LunarCapital can make. Both LunarCapital and FXTM are ASIC regulated, which ensures a high level of security for traders. However, LunarCapital was founded overseas, while FXTM has its origins in Australia. For a comprehensive list of the Best Forex Brokers In Australia, visit this page.

MT4 Mobile and MT4 Web are platforms created and supported by MetaQuotes Software Corp. LunarCapital is an independent legal entity and is not affiliated with MetaQuotes®.

Spread betting is a popular trading method in the UK due to its tax benefits. If you’re interested in exploring the best brokers for spread betting, check this out. FXTM is better for beginner traders because of its diverse account types and superior educational resources. These minimum amounts apply to all regions and payment channels for both brokers. There will be no account maintenance fees and deposit fees at both brokers.