Traders also have the option to open Islamic and demo accounts with Lunar Capital broker to cater to diverse trading needs. The Islamic account complies with Sharia law by eliminating interest charges, making it suitable for Muslim traders. Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds. Lunar Capital provides several specialized platforms including Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader, along with their proprietary Lunar Capital Plus platform. Lunar Capital focuses on supporting novice traders, and that’s really great. The comprehensive training center helps you understand the basics, learn strategies and understand how the markets work.

Crypto.com Gains EU Approval to Offer Crypto Financial Derivatives

Lunar Capital is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners.

• Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
• Now, if you plan on trading cryptocurrencies long-term, that’s not an issue.
• I like the variety of payment methods supported by Lunar Capital, making the broker easy to use.
• Actions like simple trade orders, simple charting and checking quotes are offered.
• The laudable support system is multi-channelled across live chat, email, and phone communication.
• Incorporated in 2006, Lunar Capital is an online brokerage launched by Success Trade Securities.

They have mobile-optimized charts, multiple order types and facilitate one-click trading. In our assessment, Lunar Capital is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. This copy https://lunarcapital.net/ trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. There is also the CQG platform with four different solutions that can be used to trade futures and options. The huge range of 35,000+ instruments is a key benefit of opening an account. Our tests show that only a select few brokers, such as Saxo Bank, can rival Lunar Capital when it comes to the number of trading products.

Non-Trading Fees

Multiple user assessments directly state the broker “lacks educational material,” making it potentially challenging for beginners seeking to develop trading skills. The crypto trading fee structure features a flat 0.35% transaction fee, which many reviewers note is higher than specialized crypto exchanges. Users particularly appreciate the ability to purchase crypto with credit/debit cards or bank transfers, though a 3% fee applies for bank wire transfers. Regulatory compliance is further demonstrated through Lunar Capital’s Better Business Bureau accreditation with an A+ rating. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career.

Comprehensive Assistance for Traders

Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. Using free market research of Lunar Capital’s experienced analyst team, clients get the opportunity to create their own investment strategies. Robo-advisor is a globally recognised service that aims to help traders using modern technologies. It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention. Investment portfolios are calculated individually for each client, based on the results of a questionnaire with 8 questions to determine your preferred risk preferences. The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled.

How To Open A Live Account

• Contact us directly for further inquiries about our products and services.
• Over the years, he has tried tons of trading services and aims to educate other traders so they can make the smartest decisions.
• Lunar Capital charges no fees for withdrawals, but like with deposits, third-party payment providers may impose charges.
• This service is ideal for traders who do not have the time to perform detailed market analysis themselves.

You may fund the account via ACH, wire transfer, or account transfer. In this Lunar Capital review, let’s look at their fees and commissions. Furthermore, stocks and options are priced according to two different plans.

Our partners cannot influence our reviews, nor can they pay us to bias our rankings. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes. Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group.

Platform Experience: Expert and User Evaluations

However, they do lack futures or forex trading, which may turn off some traders who want to focus on those strategies. The commission-based MT5 Global account provides traders access to most trading instruments. 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. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies.

In addition to the staple features like candlestick charting, watch lists, and an https://lunarcapital.vip/ option chain, the platform also features level 2 and time & sales. The advanced trader is likely to find a platform they feel at home using at Lunar Capital. Not only do they offer their own proprietary platforms, but they have access to industry standard platforms like MetaTrader 5. As a Forex broker, Lunar Capital recently entered the financial services market and has already gained the confidence of traders. The company has several positive aspects, including investment opportunities, favorable trading conditions, and unique products. Another offer of the company, the chance to use the zero rate for investments in shares on Lunar Capital platform.

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. With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs. With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities. Lunar Capital also offers a professional account for high-volume traders with a minimum deposit of $5000.

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. Anyone can access a demo of their trading platform at demo-trading.Lunar Capital.com without an account or application. It also has terminals that allow users to trade from anywhere in the world. However, it is still too early to say whether the company will succeed or not. We hope that Lunar Capital will take user feedback seriously and continue to improve its services.

Also, the minimum amount to open a future or margin account is $2,500. And for a pattern day-trading account, no surprise here, the minimum is $25,000. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for.

Crypto Purchases with a Credit & Debit Card / Bank Transfer

Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. For beginners or those wishing to test out the broker’s services, Lunar Capital provides a demo account. This account allows traders to practice with virtual funds in a risk-free environment.