However, outside of stocks CFDs and forex that we believe that Lunar Capital is lacking somewhat, and sometimes significantly so. Inactivity fees are another of the important non-trading fees that you can incur. All brokers want you trading, and when a trading account lies dormant, they begin to incur inactivity charges on the account. These need to be measured by how long your account can lie dormant before being charged a fee and secondly how high the fee is.
- These platforms offer a seamless and efficient trading experience, with features like customizable account options, real-time charts, extensive trading indicators, and compatibility with MetaTrader 5.
- And with Lunar Capital, you can trade anywhere in the world – online or on the go.
- I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it.
- It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results.
- Describing Lunar Capital as a great company would not be an exaggeration, especially considering its effectiveness in handling financial transactions and the potential for substantial returns on investments.
Deposit & Withdrawal methods depend on the clients’ country of residence and are available in the members area of the client. For comparison, brokers like XTB and eToro, charge about the same. EToro charges $2.4 for the S&P index, $2.7 for EUSTX50 and $6.3 for the Apple CFD fee. XTB, on the other hand, charges $2 for S&P, $2.7 for the EUSTX50, $17.9 for Apple, and $20.9 for Vodafone.
As we’ve mentioned Lunar Capital Broker offers MT4 and MT5 as its trading platforms. Both are popular and user-friendly, offering a diverse range of features. These are solid platforms with advanced charting capabilities and good analytical tools. This earns Lunar Capital high marks in this area, however, only offering two options is limiting.
I’ve found Lunar Capital’s customer support responsive, helpful, and professional. No matter the issue, they’ve always ensured I get the assistance I need, making trading with them a smoother experience. I’ve used their live chat a few times when I needed quick assistance. Once, I was having trouble understanding the differences between accounts, so I jumped on live chat. Within a few minutes, the representative answered my questions.
Lunar Capital partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Lunar Capital clients’ funds.
Another aspect of Lunar Capital that I greatly appreciated was the Lunar Capital MT4 & MT5 app. The ability to trade on the go, with instant access to over 1000 instruments and real-time market insights, was not only convenient but also aligned with my dynamic lifestyle. In conclusion, my experience as a beginner trader with Lunar Capital has been overwhelmingly positive. The broker’s dedication to trader education, coupled with its user-friendly platforms and diverse market offerings, provided a nurturing environment for my development as a trader. As I continue my journey in forex trading, I feel confident with Lunar Capital as my chosen broker. 17 Oct 2023YanaNavigating the expansive realm of forex brokers is no mean feat.
IC Markets Global
For both new and experienced traders trying to maximize their trading techniques, Lunar Capital’s MT5 platform combines usefulness and user-friendliness. Directly accessible from the Lunar Capital Member account the platform is based on Web, so integrated with a site of technical analysis, indicators and tools, stop or trailing orders. So you may access Lunar Capital trading just by the use of the browser and login to Lunar Capital Web Trading, valuable for traders who prefer simlicity and clear layouts.
The Lunar Capital Inactivity Fee is imposed after 90 days of inactivity. Lunar Capital are able to accommodate various levels of traders whether you are experienced or a beginner. Asset coverage is the weakest area we can find for Lunar Capital Brokers. However, traders who are only interested in forex or CFDs won’t be affected by this limitation.
Does Lunar Capital provide educational resources?
On the flip side of this are the community reviews, which are very mixed. Traders praise the user-friendly platforms and competitive spreads. Community members who have had a positive experience with Lunar Capital Broker have little negative to say. However, on sites like TrustPilot, Lunar Capital broker only brings in 2.3 stars.
With a low and competitive minimum deposit of $5 https://lunarcapital.vip/ across all of them, it is correct to say that anyone can open an account. As we mentioned earlier, Lunar Capital account types are not designed to target high-volume traders. They are ideal for traders who do not stake too much or trade vast amounts. Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage.
- For more information on the Lunar Capital spreads and fees, read our comprehensive guide.
- Demo accounts have no expiry date, but they are closed when not used for 90 days.
- 23 Oct 2020sithembiso I withdrew 2 times, I did not receive my money even today.
- Additionally, Zero Accounts have free data feeds in order to access all necessary market statistics for maximum success on your trades.
Deposit and Withdrawal Fees
As a multi-regulated online broker, Lunar Capital must adhere to strict compliance guidelines. At present, Lunar Capital is overseen by 13 different regulatory bodies based in over 10 countries. The company also boasts a track record of over 2.4 billion trades executed with no re-quotes or rejections.
This fund acts like an insurance for traders, offering protection in the event of Lunar Capital’s bankruptcy or in disputes between the trader and Lunar Capital. Lunar Capital protects its clients’ funds through the use of segregated bank accounts, which keeps client money separate from the company’s own funds. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.
What Can I Trade With Lunar Capital?
Using your preferred trading style means you can choose from Micro Lots or Standard account, depending on the SPREAD ONLY basis. Additionally, Zero Accounts will offer spread pricing that starts at zero pips and is deducted per lot traded. 24 May 2019CorsoBy opening a trading account at Lunar Capital, you can trade almost all major financial assets present on the market. There are shares of international emitents from most world exchanges.
Lunar Capital, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide. The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai). Lunar Capital offers diverse financial instruments and is known for competitive trading conditions. Lunar Capital offers a modern and easy-to-use trading platform that works well for traders at all levels. The layout is straightforward, making it easy for beginners and experienced traders to find their way around.
Lunar Capital offers low minimum deposit options and flexible trade sizes. However, as with any forex trading, there is inherent exchange rate risk. With flexible funding methods and competitive rates, there is no reason to look further than Lunar Capital for comprehensive stock trading. And with Lunar Capital, you can trade anywhere in the world – online or on the go. New Lunar Capital customers were given the opportunity to fund their new accounts with a bank wire transfer, e-wallet, credit card, or debit card. All fees are covered by the company including some of these major options in addition as well as zero withdrawal fees for both deposits and withdrawals.
Funding and Withdrawal Options: 4/5
Lunar Capital operates primarily as a market maker broker, maintaining its own dealing desk to execute client orders internally. This model allows Lunar Capital to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades. However, Lunar Capital is regulated by multiple authorities that oversee its practices, providing a level of oversight and protection for traders. For more experienced traders, the Zero accounts offer commission-based trading with lower spreads. Lunar Capital stands out for its commitment to trader education, offering free webinars, research materials, and analysis tools to support informed trading decisions.
Trading Real Stocks:
We look forward to serving you in your future trading endeavors. 26 Oct 2023FarkhadIn my quest for a dependable forex trading partner, I traversed through countless options before https://lunarcapital.team/ discovering Lunar Capital. What initially drew me to Lunar Capital was their streamlined trading platform.