What is Lunar Capital and how can it help you on your trading journey?

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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. Lunar Capital are an international online broker offering a great range of trading products and services. Whatever your interests, there is something for everyone to trade in the way that they want to trade it. The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries. They cater for retail and institutional clients with the possibility of integrating third-party trading programs through an Open API. The broker’s self-service resources receive generally positive mentions, with users appreciating the detailed FAQ section and platform demos.

Shorting Stocks

The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. 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. 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.

Inactivity Fee

Additionally, the broker charges withdrawal fees which vary depending on the method you choose. Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Lunar Capital also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Sterling Trader Pro is another platform that is available to Lunar Capital customers. Some broker-dealers charge for this, so free access is quite generous.

Lunar Capital provides support via phone, email, and live chat during standard hours (9-6 EST) with extended coverage for urgent issues. Comprehensive FAQ sections offer self-service problem-solving, and support is available in multiple languages for international traders. Robo-advisor is a globally recognised service that aims to help traders using modern technologies.

This extendedavailability may be a benefit for traders who operate outside of standardbusiness hours. This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. Lunar Capital processes withdrawals within 24 hours of the request being made. The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners.

Learning resources to advance your trading knowledge

The US brokerage employs a market maker straight-through processing (STP) broker model. It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options. On its website, claims to have integrated modern technologies into its wide range of brokerage services to bring about a low priced as well as “fresh and native” trading experience. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. Spreads on this account type start from 0 pips with a $2 per lot commission charged. This service is for clients who prefer to make investment decisions with professional assistance.

  • These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.
  • Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide.
  • Lunar Capital’s competitive pricing comes with more limited educational content than full-service brokers.
  • Always use stop-loss orders to define exit points before entering trades, removing emotional decision-making during volatility.
  • Additionally, Lunar Capital offers its proprietary platform, designed to cater to its customers’ specific needs.

The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. Yes, Lunar Capital offers demo accounts and setting it up is very simple and easy. The broker immediately gives you access to an MT5 user id and password for the web, desktop and mobile app separately along with $100,000 in virtual funds. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based. This balanced approach can help transform Lunar Capital from simply a brokerage service into a valuable partner in your trading journey.

Lunar Capital’s cryptocurrency offerings receive divided opinions. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market. We also offer real-time stock alerts for those that want to follow our options trades.

If you find that your country is not accepted, please feel free to take a look at our broker ratings for another option. Its main goal is to promote efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection. The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment.

Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. All the above are broker-assisted plans and also include an additional fee of $20 per trade.

Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds. Lunar Capital ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, Lunar Capital offers its proprietary platform, designed to cater to its customers’ specific needs. As mentioned above, Lunar Capital’s accountstructure differs from the tiered approach common among brokers.

Starting your trading journey with Lunar Capital

Our partners cannot influence our reviews, nor can they pay us to bias our rankings. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes. 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. Any stock that is hard-to-borrow must be requested through chat or https://lunarcapital.vip/ over the phone.

Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts. This means clients can lose more than their account balance if the markets move against them. Lunar Capital would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are https://lunarcapital.net/ interested in commodities or cryptocurrencies. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade.

Our team don’t recommend traders choose a broker based on sign-up bonuses. From on our assessment, Lunar Capital provides an average offering of market research. There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). With that said, traders should be aware that the available instruments vary depending on the account you have.

Varied Options for All Trading Styles

Lunar Capital supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller. Funding is immediate for most methods, with the exception of wiretransfers. Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes. The rest of this review will explore theofferings, accounts, and trading conditions available from Lunar Capital ingreater detail.

  • There are no strict restrictions; you can trade either manually or with the help of advisors.
  • While Lunar Capital advertises 24/7 support, some users have reported occasional delays in response times.
  • However, on Forex and CFD Standard account types, there are only 48 FX pairs.
  • They also extend their reach to cater to queries during extended hours.
  • Lunar Capital offers both investment and market speculation opportunities to its clients.
  • Sterling Trader Pro is another platform that is available to Lunar Capital customers.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro. Lunar Capital says its “preferred method of contact is either by our online chat function or email.” It seems strange that they wouldn’t want phone calls. Personally, I would expect my broker to willingly accept phone calls. Besides, Lunar Capital is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF). So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly.

Additionally, theyprovide a greater selection of trading platforms than many other brokers. 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. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro.