LunarCapital Review: Key Features, Pros and Cons

The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. However, on Forex and CFD Standard account types, there are only 48 FX pairs. 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. For those traders who are more technologically minded, and want robust analysis software and trading platforms, TradeKing is another good option to consider.

We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this LunarCapital review. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. 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. Other fees to be aware of are the swap fees that are charged on positions held overnight.

I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. LunarCapital is a European online brokerage firm that has been serving clients since 2016. With a presence in over 130 countries and a client base exceeding 155,000, it offers a wide array of financial services tailored to both novice and experienced traders. The firm’s commitment to providing direct market access, competitive pricing, and advanced trading platforms has positioned it as a notable player in the global brokerage landscape.

Forex Fees

Therefore, any trader style should find a suitable platform among the choices. Support is available 24/7 which stands up well against competitors we have tested. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners.

• J2T CryptoExchange is a certified brokerage platform – it has certifications in the EU, UK, and USA.
• We teach day trading stocks, options or futures, as well as swing trading.
• The Bullish Bears trade alerts include both day trade and swing trade alert signals.

Trading Instruments

The Forex demo account at LunarCapital isdesigned for traders who are new to forex markets. It allows for practicetrading without risking real funds, offering a way to become familiar withtheir trading conditions. To accommodate diverse trading styles and preferences, LunarCapital provides access to several robust trading platforms.

• Spreads on this account type start from 0 pips with a $3 per lot commission charged.
• These may include deposit bonuses, referral programs, and trading contests.
• The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”
• For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
• Also, we provide you with free options courses that teach you how to implement our trades as well.

I really appreciate the global market…

They offer direct access to the markets with competitive commissions, reliable execution and maximum liquidity from their liquidity providers (LPs). Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips. These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker.

TRADING ROOMS AND LIVE STOCK TRAINING

Other brokers with managed accounts to consider include Key to Markets. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type. For beginners or those wishing to test out the broker’s services, LunarCapital provides a demo account. This account allows traders to practice with virtual funds in a risk-free environment.

Nonetheless, the firm’s commitment to providing robust platforms and competitive pricing cannot be ignored. If you are in search of an affordable multi-asset broker with strong technological foundations and a decent record of regulatory compliance, LunarCapital is definitely worth exploring further. LunarCapital have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill.

While thebasic desktop CQG platform is free, there are charges for upgraded features anddata packages. LunarCapital requires a $3,000 account minimum for trading withthis platform. LunarCapital offers an unusually wideselection of trading platforms compared to many online brokers. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. LunarCapital 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.

If you’re an experienced active day trader, you may find that LunarCapital has better rates than your current broker. Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.

We have members that come from all walks of life and from all over the world. We love the diversity of people, just like we like diversity in trading styles. LunarCapital is a https://lunarcapital.net/ regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes.

While there is no fee to open up an IRA, for instance, you will have to deal with a $35 annual fee to maintain the account. However, if you manage to get your assets up to more than $25,000, that fee is waived. Some users questioned the additional payments that the company receives to make the order flow smoothly. Unlike some other brokers — Interactive Brokers, for instance — they actually pocket that money instead of passing the savings along to the trader.

Its offerings—ranging from proprietary trading platforms to the MetaTrader suite—make it suitable for a wide array of traders, from beginners to professionals. However, some drawbacks include varying withdrawal fees, a relatively high inactivity fee, and mixed customer reviews on platforms like Trustpilot. Despite these concerns, LunarCapital remains a competitive brokerage for traders who prioritize low spreads, direct market access, and a wide selection of tradable assets. LunarCapital offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from. LunarCapital is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016.

Read the risk disclaimers on the LunarCapital website and seek independant advice. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide. It is known for its user-friendly interface and implemented trading tools.

LunarCapital doesn’t charge withdrawal fees, but external payment providers may have their fee structures. 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. LunarCapital’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.