Lunar Capital Reviews: What users and experts are saying

We will make sure to update our articles with the latest offerings of the broker. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances.

The comprehensive account verification process, while described as “cumbersome” by some users, is generally understood as necessary for maintaining security standards. Lunar Capital operates as a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company since 2015. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader. Our watch lists and alert signals are great for your trading education and learning experience. We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this Lunar Capital review.

I really appreciate the global market…

Our testing shows that Lunar Capital offers lower fees than most forex brokers, especially in its premium accounts. Looking at the negatives, Lunar Capital scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.

Incorporated in 2006, Lunar Capital is an online brokerage launched by Success Trade Securities. The broker offers a complete gamut of financial services that include FX, stocks, bonds, futures and options. Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. Lunar Capital is a regulated online broker offering a wide range of products, services, accounts and trading https://lunarcapital.vip/ platforms. They provide global traders with competitive trading conditions and fees.

Commissions et frais

It should be mentioned that during the registration process, we experienced technical issues. Which is why the registration process gets a low rating from us. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity.

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Their accounttypes are primarily distinguished by market access. They offer three forextrading account types, as well as a demo account. We are pleased to see that Lunar Capital offers a free demo account. These simulation accounts are a great way for beginners to learn more about forex trading without financial risk. They also offer traders the chance to find out if the broker suits their strategy before committing funds.

Competitive and Transparent

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  • In this Lunar Capital review, we’ll cover their platform, what they do, and pricing.
  • A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan.
  • These regulations ensure client protection through mandatory financial compensation schemes and segregated client funds.
  • However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly.
  • TradingFinder.com assumes no responsibility for any potential losses or damages.

The huge range of 35,000+ instruments is a key benefit of opening an account. 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 https://lunarcapital.team/ traders to go long or short on currencies.

  • Each account type offers unique features tailored to different trading needs, ensuring that traders can find the most suitable conditions for their style and experience level.
  • If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months).
  • The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications.
  • If you need to locate a hard-to-borrow stock, Lunar Capital will try to find it for you over the phone.
  • Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc.
  • We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere.

We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. Nevertheless, I was impressed with some of the features available. For example, mousing over the Greek letter sigma displays all of an option’s Greek data. Mousing over a strike price displays the intrinsic and time values of an option in graph format. 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.

Lunar Capital is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. Instead, I spent hundreds of dollars a month gobbling the goo of the goo-roos. Add to this paying for expensive software while I was supposed to learn how to succeed as a trader. 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. A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan.

Withdrawals follow similar channels with varying processing times. Lunar Capital charges no withdrawal fees, though external payment providers may apply their own charges. This account is for those who already have exchange trading experience and want to get the highest execution speed. Spreads on this account type start from 0 pips with a $3 per lot commission charged.

Lunar Capital Plus

Lunar Capital positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. Lunar Capital offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies. We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good.

There are no minimum deposit or withdrawal limits for bank wire transfers. Deposits are processed within one business day while withdrawals can take up to 3 days. The broker’s association with WhoTrades offers social trading opportunities to observe successful strategies. Consider allocating commission savings toward third-party educational resources including books, courses, and trading communities for knowledge expansion. Account creation requires basic personal details and identity verification through a standard KYC process, typically completed within one business day.

Lunar Capital doesn’t charge withdrawal fees, but external payment providers may have their fee structures. 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. 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 doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions.

Lunar Capitalr, the deep discount broker, has throughout the years been awarded and recognized for its contributions to the online brokerage industry. Lunar Capital suits cost-conscious active traders valuing execution efficiency over educational resources. Its commission structure benefits those making multiple weekly trades or maintaining larger positions.