Read the risk disclaimers on the Lunar Capital website and seek independant advice. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages. 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.
Lunar Capital Broker Review – Is There a Cost to Lower Commissions?
Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. https://lunarcapital.team/ Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. It’s important to note that bonuses and promotions often have specific time limits and conditions. Traders should carefully review these before participating in any promotional offers. We will make sure to update our articles with the latest offerings of the broker.
- Additionally, these commissions were compared with those of the top two competitors, RoboForex and FxPro, to provide the most comprehensive information.
- Based on our tests, Lunar Capital is an excellent broker for active forex traders.
- Lunar Capital’s commission structure may beattractive to cost-conscious traders.
- Currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom.
- ECN accounts are designed to give traders direct access to the interbank market, which leads to improved trade execution and lower slippage.
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. Lunar Capital is a globally recognized Forex and multi-asset broker that offers traders access to a broad range of financial instruments, competitive trading conditions, and a variety of account types. The broker focuses on providing excellent platforms, advanced trading tools, and exceptional customer support to meet the needs of traders at every level. In this review, we will dive deep into various aspects of the broker, providing detailed insights into its features, strengths, and areas of improvement. Lunar Capital offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans.
The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. Lunar Capital offer professional customer support 24/7 via online chat, telephone and email. It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance. Spreads on this account type start from 0.5 pips with no commission charged.
Lunar Capital offers both iOS and Android versions of their mobile app. Both offer very basic functionality, but not any less than one would expect from a lower-end brokerage’s app. Actions like simple trade orders, simple charting and checking quotes are offered. Lunar Capital’s minimum initial deposit is somewhat for the industry at $2,500. Once an account is opened, clients must maintain a balance of at least $2,000 or else their capability to trade ceases until they deposit more money.
Learning can be paid or free, and clients can select individual programs. There is free access to remote education content such as video courses, articles, webinars, A. The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. 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. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents.
What is the minimum deposit for Lunar Capital?
With this account, traders can access a wide range of instruments and trading platforms, including MT4 and MT5. MetaTrader 5 is an advanced version of MT4, offering more sophisticated features and capabilities. It includes all of the features of MT4, such as advanced charting and order management, but adds additional tools like more timeframes, an economic calendar, and improved backtesting functionality.
Is Lunar Capital Regulated?
You will find that Lunar Capital have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders. They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms. I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions. However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly. I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders.
However, those craving advanced features might yearn for more than what the broker offers. In other words, Lunar Capital is for the pragmatic trader seeking simplicity and efficiency. Lunar Capital https://lunarcapital.vip/ offers direct market access through third party DMA platforms like Sterling Trader Pro.
- These are usually used as the deciding factor when it comes to judging a crypto exchange, at least fee-wise.
- Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader.
- The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted.
- With low rates and a suite of platforms, Lunar Capital aims to meet the needs of various traders.
As a CySEC-regulated broker, the verification process includes a questionnaire that collects data per regulatory requirements enforced by the ESMA. Lunar Capital provides massive in-house research for registered clients and via well-trusted third-party provider Trading Central. It remains unclear if Lunar Capital offers the MT4/MT5 plugin or provides the services via its back office. 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.
Trading here has been cost-effective…
The Lunar Capital broker is a subsidiary of Finam Holdings, a Russian financial services company. Finam’s high ratings and resources enable it to develop its brokerage activity. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make Lunar Capital a perfect broker for an elevated trading experience. For those inclined toward commodities, Lunar Capital provides a diverse asset range, including agricultural and non-agricultural securities.
The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. For traders who require a more robust platform, Lunar Capital offers several options. The brokerage recommends the platforms according to the type of security traded. And under the categories of “stocks,” “options,” “futures,” and “apps,” Lunar Capital lists the ideal platforms. Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money.
Lunar Capital offers several platforms and doesn’t charge a dime for any of them. Other investors discuss that the Lunar Capital platform might be more suitable for experienced investors. At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations. However, if you’re already an experienced trader who wants to diversify their assets as much as possible, unfortunately, you won’t be able to do so on J2T CryptoExchange. Surely, this is one of the most prominent issues that you’ll probably notice immediately upon visiting the brokerage in question – it’s also among the more-common user Lunar Capital complaints, too. It’s no wonder, really – buying cryptocurrency with a credit or debit card is probably the simplest and most-straightforward way of going about it.
The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions. Lunar Capital used to be one of the cheaper options, but with the rise of companies like Robinhood, Webull, and Firstrade, there are now cheaper alternatives. It’s important to account for other factors like platforms, tools, executions, etc.
Is Lunar Capital A Good Or Bad Forex Broker?
The broker provides access to trading major, minor, and exotic currency pairs. In this review of Lunar Capital, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. Lunar Capital ensures its traders have a robust set of tools at their disposal.
Support service can be contacted in several ways:
Lunar Capital recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions. The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. Lunar Capital is also a member of the investors’ compensation fund, which exists to assist a trader in getting back his money in case of a broker’s bankruptcy. Money is available for trading immediately after the payment, depending on the input method.
Brokers brag about their rates, like chat rooms claiming to help thousands of traders. Finding the correct broker and subscribing to the right education program took me a long time. Lunar Capital provides a demo for each of the platforms to help you choose. A professional team of specialists working in 7 languages helps traders resolve issues. We have compared the range of assets and markets supported by Lunar Capital with its competitors, making it easier for you to find the perfect fit.