There is also the option of an Islamic account available, although there is no balance protection and zero commissions offered. LunarCapital Ultra-Low Account allows hedging, but there are no deposit bonuses nor any trading bonuses. From the regulatory perspective, LunarCapital is supported by licenses from the CySEC and the FCA. Since its inception, LunarCapital broker has quickly gained the attention of traders all around the world, thanks to its various advantages such as low spreads, fast service, and other types of attractive offers. So far, LunarCapital claimed to have executed a total of 1.4 billion trades with remarkable zero repeats or rejections.
We like the fact that LunarCapital does not charge any fees or commissions on withdrawals across payment methods. The only exception to this is with Wire transfers less than $200 which incurs a $15 charge. However, even then, many other brokers would charge a fee of up to $25 for all wire withdrawals. The “LunarCapital mark-up” on financing charges is not unique amongst brokers but some do not add any fees to the standard tom-next rate formula.
Stocks
- LunarCapital also offers a virtual fund trial account so newcomers may practice free from danger with Demo Trading.
- Traders can choose to fund or withdraw their accounts via wire transfer, credit card, as well as the most favorable e-payment choices like Skrill, Neteller, and FasaPay.
- I was tradign forex everyday and now I am also trading gold because this asset is very interesting, it’s sometimes fast but I am learning.
- This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers.
Traders registering with LunarCapital have the choice of three account types- The Micro, Standard and the Zero Account. While the trading conditions like the number of base currencies, contract size, and the spread are a factor of the account type, the CFD broker does not charge commissions. The only costs are the spread, which starts at 0.1 pip for the major FX pairs and the swap for holding overnight positions. When I chose them as the main broker to trade with, they had been already in the business for around a decade. One of the factors that bolstered my decison is the fact that LunarCapital is strictly regulated by several respected regulatory entities, including CySEC.As for the range of assets here, it is really huge here.
On the one hand, fact that this company has been around for about 15 years is impressive. But on the other hand, I know several brokers that have been operating for much longer. Nevertheless, it seems to me that over these 15 years since 2009, company built excellent reputation. As for my experience, it is most likely the same as most of the clients of this company.
The broker however does not currently https://lunarcapital.net/ provide cryptocurrency trading. If you are looking to trade cryptos, please feel free to take a look at our best crypto brokers for some alternative options. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. Given a minimal initial commitment of just $5, LunarCapital appeals especially to beginners. Through MetaTrader 4 and 5, the platform offers easy-to-use interfaces; additional exceptionally well-designed and performed educational tools like webinars and market analysis round out this aspect.
While these promotions can boost tradingcapital, traders should always review the terms and conditions to fullyunderstand any restrictions or requirements. Navigation is intuitive, I trade here forex pairs and tried trading trubo stocks, there were no questions. We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
- The proposal is clear, there are no hidden fees or uncertain conditions offered which is another plus showing Broker is good for long-term trading.
- If you fund your account in a currency different from the base currency of your account, a currency conversion fee may apply.
- On the home page of the website, LunarCapital claim to have 16 platforms available.
- The program is designed to benefit active traders based on their trading volume.
It really works with the ultra low account, OK spreads and good reaction from the customer service team. I think I am going to recommend the broekr to my trading friends to let them save on fees and see market updates without a problem. There are about 1.5 Million Traders and investors at LunarCapital that select broker proposals and services, there are many advanced trading solutions, yet suitable for beginning traders. So yes, we can conclude LunarCapital is a good broker with good trading conditions and reputation since LunarCapital aims to provide one of the best user experiences in the industry to its clients. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
Trading Platform
Free demo accounts allow you to practice your trading strategies and get a feel for the broker whilst micro accounts allow new traders to get going in the market with a minimum initial investment. Overall, I think LunarCapital Group are one of the best CFD brokers for anyone looking who is looking for low cost trading in a regulated environment. The broker offers CFD markets in more than 1,200 financial instruments.
LunarCapital Web Platform
Overall, LunarCapital’s account offerings exhibit versatility and inclusivity, catering to a wide range of traders’ preferences and needs. Moreover, LunarCapital stands out with its, securetransaction methods, and a commitment to client safety through measures likenegative balance protection and segregated accounts. I place specifically 1-2 trades a week and you can tell that my style is not that active. But, in those trades risk much more than a usual trades, so I like that LunarCapital provides a nice leverage and the lowest possible spread so the comission is not huge. For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official LunarCapital website or contact their customer support. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want.
There is no fee charged for downloading or using any of the trading platforms. LunarCapital facilitates its traders with various trading tools and education to help them become better traders. The broker also offers a free VPS service for those of you who want to run your trading platforms remotely. Overall, this LunarCapital can be summerised as a dependable and secure broker, backed by an impressive trust score of 93 out of 99. Offering a welcoming environment for both beginners and experienced traders, LunarCapital facilitates easy entry with a low minimum deposit and enriches knowledge through well-researched educational materials.
In addition, there is the impressive LunarCapitalTV and also a podcast offering. The most impressive feature offered by LunarCapital is its extensive educational material, alongside a very notable research offering. The educational package includes webinars, platform tutorials, seminars, podcasts and their online TX channel, LunarCapital TV. On the educational side we would say that LunarCapital is right up there with the industry leaders with their educational package. One notable fee for less frequent traders is an inactivity fee of $15, charged once after one year of no activity. Following this, a monthly fee of $5 applies if the account remains inactive.
Desktop Trading Platforms
LunarCapital’s use of MT4 and MT5 platforms ensures traders haveaccess to advanced tools, while its educational resources and market researchprovide valuable support in making informed trading decisions. The LunarCapital Ultra Low Account is perfect forcost-conscious traders, particularly those focused on major currency pairs,thanks to its reduced spreads and zero commission fees. However, traders using this account arenot eligible for the LunarCapital Bonus scheme, and the minimum deposit required is just$5.
In terms of research tools and Market materials, it is in good order at LunarCapital too. Along with News Feed, Technical Summaries and Technical Analysis, LunarCapital provides Fundamental Analysis and Trade Ideas suitable for beginning or advanced traders. LunarCapital Group servs as a group of entities operating under the trading name LunarCapital, Trading Point of Financial Instruments Ltd established in 2009 is regulated by the Cyprus Securities and Exchange Commission (CySEC). Another entity Trading Point of Financial Instruments was established in 2015 in Australia and is regulated by the Australian Securities and Investments Commission (ASIC). Read more, why trade with Australian Brokers by the link so the regulatory obligations are covered at a sustainable level as we see through our LunarCapital trading Review. European clients under the CySEC jurisdiction are covered by the Investor Compensation Fund (ICF).
The availability of one or the other account base currency may depend on the trader’s location. LunarCapital was established in 2009 and is known to be a trustworthy broker, serving over 10,000,000 clients globally and employing 900 professionals. LunarCapital clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC. LunarCapital also offers LunarCapital TV, podcasts and news feeds from Reuters, an Economic Calendar, along with YouTube Shorts and daily technical stories.
Of course, you are able to use your mobile for trading as well, LunarCapital MT4 Android and iOS third-party apps, along with LunarCapital MT5 apps will give you access to a trading account with full account functionality. MT4 and MT5 apps also offer great charting with 3 Chart Types, over 30 technical indicators in their package, and a full trading history journal. First, following one year of no account activity, there is an inactivity cost of $15; if the account continues inactive, a monthly charge of $5 follows. This charge helps pay administrative expenses and motivates aggressive trading.
During our review, we discovered that, whilst opening a live account involves a greater amount of form filling, the process could be completed within five minutes. The charting and tools found on the MT4 and MT5 platforms are still widely considered to be the industry benchmark. The LunarCapital WebTrader platform is accessible via any web browser ensuring access to the markets can be gained from anywhere with an internet connection. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
LunarCapital is recommended because of its great range of trading instruments, fast execution speeds, low spreads and very competitive commission fees. You can trade via versatile platforms with access to plenty of trading tools, up to date market analysis and a vast selection of educational content. They have flexible funding methods with efficient processing times, as well as a policy of no fees on deposits and withdrawals.