Lunar Capital Review: Should They Be Your Forex Broker?

Lunar Capital Review: Should They Be Your Forex Broker?

This account is for those who already have exchange trading experience and want to get the highest execution speed. Spreads on this account type start from 0 pips with a $3 per lot commission charged. I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems.

The platform is available on both desktop and mobile devices, allowing users to trade wherever they are. Lunar Capital also offers educational resources and market insights to help users make informed decisions. Lunar Capital offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types https://lunarcapital.net/ and focus on creating a practical demo trading experience.

Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your Lunar Capital trading account.

Is Lunar Capital A Regulated Forex Broker?

Their selection includes tens ofthousands of individual assets. For example, they offer over 30,000 stocks andmore than 90,000 option assets. Please note that full access to all assets isavailable on the MT5 account. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. Lunar Capital ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is https://lunarcapital.vip/ a large, legitimate brokerage.

Bank transfers may take a few business days to clear whilst some methods can be instant. I was pleased to see that the broker gives you professional analytical assistance with high-quality research that covers most financial markets and instruments worldwide. This can be an excellent way to improve your knowledge of the markets and your trading strategy. People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training.

STOCK TRAINING DONE RIGHT

Other brokers with managed accounts to consider include Key to Markets. Lunar Capital’s commission structure may beattractive to cost-conscious traders. They offer a wide range of assets, andtheir minimum deposit requirements are relatively low. Additionally, theyprovide a greater selection of trading platforms than many other brokers. In a world full of trading possibilities, Lunar Capital is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms. Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.

Lunar Capital is a reasonable forex broker for beginners, but not the best we have tested. The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools. Lunar Capital also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts. This means clients can lose more than their account balance if the markets move against them.

It is quick and easy to get started with an account from just $100. Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer. This can be a great way to see if they will meet your specific needs. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. Overall, I feel that Lunar Capital are a really good broker with a vast range of trading products and services that can meet the demands of all traders. They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity.

It gives traders access to more than 40global exchanges and the assets that are traded on them. Clients of Lunar Capitalmostly use CQG to trade options and futures. While the base desktop version ofthe CQG platform is free, additional features or upgrades may incurcharges. To use the CQG platform,Lunar Capital requires at least a $3,000 account balance.

  • Lunar Capital offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies.
  • If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months).
  • They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms.
  • National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs.
  • Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures.

Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. Lunar Capital has won 6 prestigious awards, offering excellent services to over 155,000 users. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.

  • Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability.
  • Among the financial service providers, there are fraudsters that we promptly report.
  • Lunar Capital offers a diverse range ofassets, such as currency, bonds, stocks, and futures.
  • Finally, for experienced traders, there’sthe MT5 Global account.
  • Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share.

Is Lunar Capital A Good Or Bad Forex Broker?

Traders should view these reviews as one aspect of their comprehensive assessment of Lunar Capital. In essence, Lunar Capital has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify Lunar Capital’s reputation in the financial trading space.

Interactive Brokers

Using free market research of Lunar Capital’s experienced analyst team, clients get the opportunity to create their own investment strategies. Lunar Capital supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller. Funding is immediate for most methods, with the exception of wiretransfers. Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes.

IC Markets Global

These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, Lunar Capital offers its proprietary platform, designed to cater to its customers’ specific needs. We are pleased to see that Lunar Capital offers a free demo account. These simulation accounts are a great way for beginners to learn more about forex trading without financial risk.

It offers robust coverage of 75,000+ instruments to help investors broaden their trading strategies and diversify their portfolios. The patented pattern recognition technology conducts technical and fundamental analysis to help optimise trading strategies with easy alerts, back testing and customisable filters. I think this is an excellent market analysis software that could easily cost thousands as a standalone product. The fact you can get free access to it via the broker is great.

However, we are disappointed to find that there are fees for depositing in ECN accounts, the amount of which varies depending on the method you use. There are also withdrawal fees with this account, reducing its appeal. Lunar Capital Online Ltd (Lunar Capital) is a leading international investment company providing its Clients with direct access to the major world stock and currency markets. The CyprusSecurities and Exchange Commission (CySEC) regulates the broker (license number281/15). Lunar Capital follows theEuropean Securities and Markets Authority’s (ESMA) regulatory framework andparticipates in the Investor Compensation Fund. These regulatory associationsprovide monitoring and potential protection for traders’ funds.

About the Author // Vlad Strajnic

Graduated from the Academy of Arts in Novi Sad, Serbia. Acquired master degree in visual design from SPD, Milan, Italy. Worked as an art director in NY and Milan. Currently, creative director of Crafty Labs.

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