CFDs are traded over-the-counter with your broker, have no expiry date, offer flexible position sizes, but can become more expensive over time because of overnight financing costs.

Futures are traded on an exchange, are fully standardised in size and expiry, must be closed or rolled over when the expiry date arrives, usually have lower long-term costs, but are less flexible and often require more capital.

CFDs are good till cancelled, meaning they roll over nightly until the trade is closed. They do not have an expiry date unless otherwise stated, which can be the case with CFD futures and CFD forwards.

MetaTrader 5 (MT5) is a multi-asset electronic trading platform used for trading financial markets such as forex, indices, commodities, stocks, and cryptocurrencies. Developed by MetaQuotes, it is the successor to MetaTrader 4 (MT4) and is widely used by brokers and retail traders worldwide. Please note that Crypto is not available to retail clients.

Once your account is opened, we will provide you with the download link for the desktop platform. You can access the web platform through the link we supply, and for mobile trading, you can download MT5 from the Android or iOS app stores.

Yes, we do not charge a platform fee; however, trading may involve costs such as spreads, commissions, or other fees charged by your broker.

MT4 was designed mainly for Forex traders, offering simplicity, reliability, and strong support for automated trading (Expert Advisors). MT5 is its more advanced successor, built for multi-asset trading across Forex, stocks, commodities, indices, and futures. MT5 provides additional charting options, faster back testing, depth of market, an integrated economic calendar, and support for both hedging and netting.

Please contact our support team at support.uk@lunaro.com, and we will be happy to set one up for you.

Yes, depending on your client classification, MT5 supports a wide range of asset classes across our CFD and Spread Betting products. Note crypto CFD and spreadbet products are not available to retail clients in the UK.

You will receive your login account number and password by email, and you can select our company from the list of servers when logging in.

Yes, you can download MT5 as an app for iOS or Android.