Major currency pairs, such as EUR/USD and GBP/USD, typically enjoy tighter spreads, especially on Premium and VIP accounts. For example, the EUR/USD spread can be as low as 0.3 pips on the VIP account, providing significant cost advantages for frequent traders. While spreads are slightly wider on Standard accounts, they remain highly competitive, making LunarCapital an appealing choice for traders of all levels. The broker’s objective is to offer attractive spreads across all account types, ensuring traders can benefit from cost-effective trading regardless of their account tier.
Legal documents are also readily available and written in straightforward, easy-to-understand language. LunarCapital is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. However, traders seeking stocks or deep education and market research will need to look elsewhere. Also, the offshore regulation for non-EU traders and expensive withdrawal fees are notable drawbacks.
- Traders are advised to visit the LunarCapital website to verify whether their country is eligible for trading on the platform.
- However, some account types may have minimal fees based on trading volume or specific services.
- Our team is also disappointed by the withdrawal fees and weak regulatory oversight through the offshore branch.
- On the downside, LunarCapital’s high fees for most withdrawal methods are a disadvantage.
- If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase.
- Unlike many other brokers, LunarCapital does not impose non-trading fees, including withdrawal or inactivity charges, depending on the account type.
LunarCapital is committed to implementing industry-standard security practices to ensure a reliable and trustworthy trading environment. These robust safety measures highlight the broker’s dedication to safeguarding its users, making LunarCapital a secure choice for traders who prioritize the safety of their trading activities and personal information. The platform works on all operating systems and supports EAs, hedging, and advanced technical indicators, analytical tools, and charting features.
- Brokerage firms like LunarCapital may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms.
- Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features.
- I do feel slightly let down that the LunarCapital demo mode is limited to 30 days, but I found that you can simply open another demo account after the first one expires.
- For me it’s really an optimal solution, because I am a scalper and even a trader with several days experience will tell you how it’s important for scalpers to have seamless execution!
- Modern brokers like LunarCapital provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources.
LunarCapital Available Support Types
LunarCapital partners with leading stock exchanges to offer an extensive range of stocks, including blue-chip companies, mid-cap stocks, and emerging market equities. Traders can explore shares from various sectors such as technology, healthcare, finance, energy, and consumer goods, allowing for diversified investment strategies. Additionally, LunarCapital provides real-time market data, advanced charting tools, and comprehensive research reports to assist traders in making informed decisions. Indices trading is another key offering at LunarCapital, allowing traders to gain exposure to the performance of entire stock markets through major global indices. LunarCapital provides access to a variety of indices, including well-known benchmarks such as the S&P 500, Dow Jones Industrial Average (DJIA), NASDAQ Composite, FTSE 100, DAX 30, and Nikkei 225. LunarCapital offers competitive spreads and leverage options on indices, facilitating both speculative trading and hedging strategies.
Not to sounds ungrateful, I really appreciate them adding mt5 and I think it was a step forward towards the clients. But I would also like to see TradingView here some day as well, that would be pretty sweet. I didn’t miss any big news release now, thanks to integrated economic calendar.
“Haven’t found yet something that could match with their trading conditions”
LunarCapital Trader offers enhanced features such as one-click trading, advanced charting tools, and real-time analytics, making it an excellent choice for traders seeking a modern and powerful trading interface. The platform is optimized for both desktop and mobile use, ensuring that traders can manage their accounts and execute trades with ease, regardless of their location. LunarCapital minimizes non-trading fees, offering a highly transparent fee structure. The broker does not charge any fees for inactivity or deposits on certain account types, allowing traders to maintain and fund their accounts without worrying about hidden costs.
Fees & Costs Details
It is a regulated broker with a European license, which ensures safety for trading and protection for clients. LunarCapital is ideal for intermediate and advanced forex traders who want high leverage and tight spreads with a no-frills approach. Yes, LunarCapital provides negative balance protection to ensure that traders cannot lose more than their account balance. This feature safeguards your investments by preventing your account balance from going into a negative state, thereby mitigating the risk of unexpected losses.
Is LunarCapital A Regulated Forex Broker?
The LunarCapital phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by LunarCapital and found that they could assist us in various languages. The LunarCapital team did resolve and answer our queries, but the email support from LunarCapital was overall average compared to other brokers we have tested. Our team tested the live chat support of LunarCapital and found it to be satisfactory.
For instance, using CFDs, you use the LunarCapital trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. It’s important to note that LunarCapital requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks.
LunarCapital has been operating since 2010 and stands out for its highly competitive trading fees and fast order execution. The broker offers over 1130 CFD instruments, all accessible through the MetaTrader 5 platform. I appreciated the LunarCapital market research for its attention to detail and diversity.
Therefore, before trading, verify the LunarCapital trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. For me it’s really an optimal solution, because I am a scalper and even a trader with several days experience will tell you how it’s important for scalpers to have seamless execution! It’s ensured by those technologies used by the LunarCapital broker, it’s a STP/ECN mechanism which guarantees fast execution without slippages even when the market is overloaded with orders from traders around the globe. Maybe the broker still has space for improvement, for instance, to add some commodities for trading, but I am into forex pairs trading predominantly. However, missing stocks limit its appeal compared to others like Forex.com, which provide more options.
Brokers like LunarCapital must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. When considering LunarCapital for your trading activities, its financial regulatory https://lunarcapital.space/ status in your region is crucial. One of the primary considerations when evaluating a broker, such as LunarCapital, is to assess the broker’s regulatory status and administrative body.
How To Make A Forex Trade
LunarCapital offers a clear and uncomplicated fee structure across all account types, charging no commissions or swaps on certain accounts, while others may have minimal fees based on trading activity. Instead, traders are primarily required to pay competitive spreads, which vary depending on the instrument and account type. Premium and VIP account holders enjoy tighter spreads, making these options especially attractive for high-volume and frequent traders. Standard account holders also benefit from competitive spreads, ensuring that even beginners can trade cost-effectively.
ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately. Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. However, bank cards and wire transfers take up to five working days. I rate LunarCapital’s customer service as top-notch in terms of responsiveness and speed.
LunarCapital provides free VPS (Virtual Private Server) access for stable, fast, and high-performance trading. This dedicated server can handle multiple platforms and accounts, run automated programs, and ensure smooth trading operations. LunarCapital offers variable spreads that differ based on the account type and the financial instrument being traded.
