Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. 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 regulated in Cyprus, offering more than 30,000 instruments for trading.
- The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades.
- 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.
- There is no indication of whether Lunar Capital offers the option of an Islamic account to traders who are of Muslim faith and who operate under Sharia Law.
- In this broker US review, we will be vetting the truthfulness of these claims, analyze the brokerage products and detail the nature of its services.
- Incorporated in 2006, Lunar Capital is an online brokerage launched by Success Trade Securities.
- The in-house platforms include the Lunar Capital+, Lunar Capital pro, the commission-free Lunar Capital Lite, and Lunar Capital mobile apps.
Banking
On the downside, our research has revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA). The discount broker is also a member of the Securities Investor Protection Corporation (SIPC) that insures the investor funds deposited with Lunar Capital https://lunarcapital.net/ for up to $500,000.
This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection. Lunar Capital offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts. These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot. The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. Recognizing the importance of mobility in today’s trading environment, Lunar Capital offers mobile applications compatible with both iOS and Android devices.
Broker Overview
The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. However, some drawbacks include varying withdrawal fees, a relatively high inactivity fee, and mixed customer reviews on platforms like Trustpilot. Despite these concerns, Lunar Capital remains a competitive brokerage for traders who prioritize low spreads, direct market access, and a wide selection of tradable assets. Each Lunar Capital trading account is assigned a base currency, which indicates the money that you deposit with the Lunar Capital trading platform will be held in that particular currency. Some online brokers provide trading accounts like Lunar Capital in only the four major currencies (US Dollars, British Pounds, Euros, and sometimes Japanese Yen).
Lunar Capital fees compared to AvaTrade fees
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. Lunar Capital’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads. LightspeedTrader – Lightspeed Trader is designed forprofessional traders who prioritize real-time market data, low latencyexecution, and advanced order types.
Seamless Financial Transactions
As the financial realm continues to evolve, so does the need for superior trading tools. Lunar Capital’s platform unfurls a tapestry of innovative features tailored to empower traders. By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement.
My portfolio has grown by 18% in the past six months, thanks to the low spreads and helpful market analysis they provide. I also appreciate their fast execution speeds, which are critical when trading high-volatility assets. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While Lunar Capital’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal.
- Also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms.
- Their demo account is a masterstroke, offering a robust training ground for those looking to hone their strategies without financial risks.
- Besides, Lunar Capital is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF).
- The discount broker further provides limited ETF-related educational and research reports.
- Participating in financial markets involves high risk, which can result in the loss of part or all of your investment.
Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. Our review shows Lunar Capital scores less favorably when it comes to withdrawals. Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies.
Traders should take note that with making deposits by using Bank Wire Transfer, the transactions may take a certain amount of time depending on the method, time of the day, and day of the week. TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone. Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares.
Lunar Capital fees compared to plus500 fees
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. We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.
«Trading Finder,» with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from «beginner to advanced.» These platforms provide traders with a range of trading tools and features to execute their trading strategies effectively across various markets. With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs.
The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. On a more positive note, our tests show that withdrawal times are in line with competitors, varying between payment methods with e-wallets being instant and bank wires taking up to 5 days. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge.
How To Make A Deposit
With J2T you can trade forex, stocks, futures, cryptocurrencies, Eurobonds and even participate in US IPOs. Like some of its major competitors, Lunar Capital aims to educate its users through various learning resources. However, while Lunar Capital has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages. With its regulatory oversight, Lunar Capital offers an additional layer of security to its clientele.
When moving money to Lunar Capital there may be a currency conversion fee for Lunar Capital clients if the base currency of your payment method differs from the base currency of you Lunar Capital account. Traders looking at Lunar Capital, who want access to more advanced trading features may be required to make higher minimum deposits. The additional trading features from Lunar Capital or from more premium trading accounts may help a traders investment strategy. If these premium trading features are not requires trading accounts with lower or no min deposit requirements may be sufficient. Check to see how Lunar Capital compares with other brokers in terms of trading features and minimum deposits. Lunar Capital’s commission structure may beattractive to cost-conscious traders.