These are stocks that we post daily in our Discord for our community members. We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this Lunar Capital review. A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share.
- You may need to verify your account to remove limits on particular methods in some countries.
- Brokers brag about their rates, like chat rooms claiming to help thousands of traders.
- It is a Trading account with licensed European broker Lunar Capital Online Ltd.
- The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs.
- There are 64 available currency pairs for trading with this broker.
Lunar Capital Broker Trading Platforms and Apps
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. Based on our tests, Lunar Capital is an excellent broker for active forex traders.
Lunar Capital Broker Review – Is There a Cost to Lower Commissions?
Lunar Capital is an online broker that gives you access to a full range of trading products, services, accounts and platforms. They are an international broker who I found to have very competitive trading conditions and fees. You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity.
Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). In our assessment, Lunar Capital is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. There is also a campaign to become a professional trader which offers a bonus of up to $2000. Also, similar to the copy trading service, there is no guarantee you will make a profit. There is also the CQG platform with four different solutions that can be used to trade futures and options. Importantly, forex can be traded via contracts for difference (CFDs).
MetaTrader 5 (MT
These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere. Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment.
I tested the MT5 Global account, where Lunar Capital notes raw spreads from 0.0 pips for a commission of $2.00 per lot. Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… On a live trading account, the trader can choose out many trading platforms to trade with. This trading account offers improved trading conditions for professional traders with an individual approach.
Do Lunar Capital provide Demo account Trading?
Lunar Capital is one of the few brokers that can offer access to trading a wide range of asset classes, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. The broker also provides a range of https://lunarcapital.net/ trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. Elevate your trading experience with our multifaceted solutions and navigate the markets with enhanced insight, flexibility, and control. The minimum deposit is $100 for the Forex and CFD Standard and MT5 Global account and $200 for the Forex ECN option. All three account types have a minimum lot size requirement of 0.1 lots and five-decimal pricing.
In this Lunar Capital review, we attempt to quantify the value it provides to various types of traders. Lunar Capital does not offer Muslim traders the option of converting any of the three live trading accounts provided to that of an Islamic Account. Lunar Capital ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums. The core trading environment is solid, except for above-average trading fees, which I rate as the primary reason I cannot recommend this broker despite numerous bright spots. Lunar Capital offers MT4/MT5 trading platforms, which fully support algorithmic and copy trading. Trader may use customizable desktop clients, lightweight web-based alternatives, and user-friendly mobile apps.
A direct line to the trading desk exists, but I am missing one from the finance department, where most issues can arise. Lunar Capital explains its products and services well, and I doubt traders will require assistance. The bulk are equity stocks and CFDs listed on 36 global exchanges, which is an excellent selection.
In the world of stock market and options trading, data-driven decisions often make the difference between profit and loss. If you’re an experienced active day trader, you may find that Lunar Capital has better rates than your current broker. Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc. Moreover, Lunar Capital + is user-friendly and a cut above many brokerage-provided platforms.
Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. Lunar Capital offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds. 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.
Trading Fees
And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, https://lunarcapital.vip/ and stocks that can be traded directly from the relevant exchange. Their demo account is a masterstroke, offering a robust training ground for those looking to hone their strategies without financial risks. Lunar Capital recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions.
- Real-time quotes are available, and so are charts with technical studies.
- Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools.
- In this review, we’ve taken a look at whether a low fee broker can still provide a high quality service.
- This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill.
- Lunar Capital’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads.
- Your pursuit of financial prosperity is augmented by our commitment to delivering excellence, transparency, and customization, ensuring that your voyage is as rewarding as the destination.
Now that you know what to expect in terms of the account types offered by Lunar Capital, let’s look at some of the pros and cons of trading with them. Similar to the research section, it would be somewhat unreasonable to expect top level customer service from a brokerage firm charing half the industry rate. That being said, their customer service reputation is less than stellar. Lunar Capital does not levy internal deposit fees; accepted currencies are USD, EUR, RUB, COP, and MXN. Processing times are instant except for bank wires, which take two to three business days. Withdrawal fees and withdrawal processing times depend on the payment processor, which Lunar Capital transparently lists on its website and in the back office.
The broker provides the latest market news from the world of economics and finance. They have a section of their website dedicated to frequently updated news articles. ForexBrokersOnline.com earns money from affiliation deals with our partners.
The duration of an order can be set to day, GTC, or extended hours. Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100. Lunar Capital also features in-house managed investment portfolios, available from a $250 minimum investment and a minimum investment period between three to twelve months. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
We have highlighted the popular payment systems and noted those supported by Lunar Capital, along with the typical time required for transaction processing on the system’s side. Join Lime Trading (CY) Ltd today, and unlock a world of investment opportunities with a trusted partner at your side. Lunar Capital says its “preferred method of contact is either by our online chat function or email.” It seems strange that they wouldn’t want phone calls.