Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The Lunar Capital group presents clients with two regulated trading entities and maintains a secure trading environment. Plus, while some deposit methods are free, be cautious of certain withdrawal techniques that might incur high fees.
Q: What types of accounts does Lunar Capital provide?
Lunar Capital also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Lunar Capital also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. Each demo account imitates real trading conditions, the only difference is virtual money is used. Lunar Capital’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.
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As with any broker, it’s advisable to conduct thorough due diligence before opening an account. When choosing a broker, it’s crucial to consider their reputation and trustworthiness. Lunar Capital broker received a 4.4 rating from over 280 reviews on Reviews.io website.
To utilize the Demo Accounts, take full advantage of the trading platforms offered by Lunar Capital. It typically offers spreads as low as 0.0 pips but does incur a commission fee, making it necessary to calculate your overall trading costs carefully. The ECN environment also delivers faster execution speeds and greater transparency in pricing.
Deposits and Withdrawals
It’s vital to know that Lunar Capital aims to offer a variety of options, yet you should always verify if your chosen method attracts any additional charges. Failing to understand these fees could result in unplanned expenses, impacting your overall trading experience significantly. Accounts for a demo trading environment allow you to practice your strategies without any financial risk. The ECN Account provides you with access to tight spreads and requires paying a commission on trades. This account type is ideal for high-frequency traders seeking optimal pricing.
The web-based platform offered https://lunarcapital.net/ by Lunar Capital allows you to trade directly from your browser without the need for software downloads. This convenience enables you to access your trading account from anywhere, offering flexibility for those who are constantly on the move. Trading on MetaTrader 4 (MT4) gives you access to one of the most popular and robust platforms in the industry. Known for its user-friendly interface, you will benefit from customizable charts, various technical indicators, and automated trading capabilities through Expert Advisors (EAs). This platform is an excellent choice if you value efficiency and flexibility in your trading strategy.
To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved.
They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels. The choice of account types will also suit varying trading styles and capital needs. Lunar Capital provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves.
Lunar Capital Broker Spreads and Commissions
Generally, you can expect competitive spreads, but it’s crucial to check if any commissions apply. Ensure you are fully aware of these costs, as they can affect your trading performance. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Lunar Capital is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the Lunar Capital.com group has good reviews from other users online.
It offers beginner education videos and general education on forex and CFDs. Based on its rating for education and beginners, it provides an average educational experience. Broker research materials have been neglected, generating the biggest black mark in our review. The free Lunar Capital Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format.
- TradingFinder.com assumes no responsibility for any potential losses or damages.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
- Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity.
- They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types.
- The Lunar Capital group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection.
Lunar Capital Leverage
All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so https://lunarcapital.vip/ make your financial and investment decisions with utmost care. Reviews of Lunar Capital highlight both positive and negative experiences that can influence your decision to trade with them. Lunar Capital does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. We are implementing the latest technologies to ensure the transparency, security and rapid execution of the account funding procedure.
Compare Lunar Capital with the top 3 similar brokers that accept traders from your location. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. With that said, the brokerage does have plans to introduce MT5 in the future. An account manager is available with all of Lunar Capital’s trading accounts. When we used Lunar Capital, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator.
Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 63.91% of retail investor accounts lose money when trading CFDs with this provider. Lunar Capital offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero.
- Welcome bonuses are available at Lunar Capital when you register for a new account.
- And thirdly, broker provides a wide range of financial instruments, including currency pairs.
- Therefore, you should conduct thorough research on these aspects to ensure your trading experience is secure.
While this isn’t a regular occurrence, it demonstrates Lunar Capital’s commitment to rewarding its traders in grand style. These bonuses can significantly boost your trading capital, allowing you to explore new strategies with less risk. It’s important to note that Lunar Capital doesn’t have in-activity, desposit, or withdrawal fees. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. However it’s important to note that this review focuses specifically on Lunar Capital offered by Notesco Limited and registered in Bermuda. Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently.
Lunar Capital, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations. While it offers a variety of trading instruments and platforms, its overall offerings and ratings are average in the competitive forex market. Lunar Capital offers a great fit for traders at low to medium skill levels, with flexible account types that suit many investment and trading styles.
Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. Yes, Lunar Capital provides a comprehensive suite of educational materials for traders of all levels. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. This average customer rating is based on 21 Lunar Capital customer reviews submitted by our visitors.