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. CQG Trading Platform has been inoperation for more than 35 years. It gives traders access to more than 40global exchanges and the assets that are traded on them.
On the downside, our research has revealed that swap-free accounts are not available. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. Account verification is mandatory as Lunar Capital complies with AML/KYC requirements. Most traders will satisfy this by sending a copy of their government-issued ID and one proof of residency document. Don’t get me wrong – the registration was definitely not “difficult”, in any sense of the word.
Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. For traders who require a more robust https://lunarcapital.net/ 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.
Lunar Capital Account Types
For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy. Users must provide their name, https://lunarcapital.vip/ email, phone number, date of birth, nationality, and financial profile details.
For investors who want to trade on the go, Lunar Capital provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
- It remains unclear if Lunar Capital offers the MT4/MT5 plugin or provides the services via its back office.
- The transaction fee might not tell you that, though – at 0,35% per transaction, it might seem mediocre, at best.
- Also, the layout is customizable, with over a dozen widgets available to open or close anytime.
- Traders also have the option to open Islamic and demo accounts with Lunar Capital broker to cater to diverse trading needs.
What details are required for the Lunar Capital sign-up process?
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
In this Lunar Capital review, let’s look at their fees and commissions. Furthermore, stocks and options are priced according to two different plans. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders.
Overnight Funding Fee
There are 50 currency pairs available for trading on this account in addition to indices and commodities. However, traders should pay attention to potential charges by individual payment channels. The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. With trading platforms compatible with Windows and Mac desktops, Lunar Capital ensures non-mobile traders have a comprehensive trading experience in the desktop environment. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders.
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- The commission fees are very low, and you’ll also be able to use the platform on all of your main devices (mobile, desktop, the web).
- Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips.
- The rest of this review will explore theofferings, accounts, and trading conditions available from Lunar Capital ingreater detail.
- Our research shows that the MT5 Global account is best for experienced traders.
Clients at Lunar Capital may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments. API trading is available for demanding traders with custom algorithmic trading solutions. Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses.
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. Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses). 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. I like the variety of payment methods supported by Lunar Capital, making the broker easy to use.
is Lunar Capital a good broker to trade with, and do you recommend it? Thanks
Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. 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. Details regarding futures trading fees are subject to verification, and potential traders should consult Lunar Capital’s official platform for accurate, real-time information. Forex trading fees work using spreads to eliminate additional commissions or fees.
Is Lunar Capital A Regulated Forex Broker?
Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs. Sterling Trader® Pro is a platformspecifically intended for professional traders and proprietary tradingorganizations. It provides features that prioritize performance andfunctionality for navigating competitive markets. It is widely utilized in theindustry and offers access to over 50 execution routes and venues, includingDMA, dark liquidity providers, market makers, floor brokers, and smart routes.
The broker is headquartered in Cyprus and isregulated by the Cyprus Securities andExchange Commission (CySEC). The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. Lunar Capital offers lower fees than most forex brokers based on our evaluation. The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives. Lunar Capital is a reasonable forex broker for beginners, but not the best we have tested. 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.
The commissions of $2.00 to $3.00 per 1.0 standard round lot are highly competitive, but the spreads make short-term trading styles expensive. The bulk are equity stocks and CFDs listed on 36 global exchanges, which is an excellent selection. Forex traders get a reasonable selection of 64 currency pairs, and commodity traders can choose from 25 CFDs and futures contracts.
Key Features:
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs.
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. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions.
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. However, if you’re a neophyte (a little green behind the ears), your first consideration may be the kind of support and training you’ll receive.