This is considerably more than what many brokers will offer you. All the major indices are available, but with just three different US indices, there are better selections elsewhere. With Lunar Capital, inactivity charges kick in after just 90 days (i.e. 3 months) of the account being dormant.
Clients with an account balance of at least $5,000 (or its foreign currency equivalent) are entitled to request for https://lunarcapital.vip/ free Virtual Private Server (VPS). Unfortunately, Lunar Capital doesn’t hold a good reputation among clients on Trustpilot. With a total of 254 reviews posted on the platform so far, more than 50% of clients expressed their dissatisfaction with the company.
UK and German shares show a stock fee of 0.10% with a minimum of $9 and $5 per order. The percentage-based charge is average, and the minimum cost highly competitive, especially for traders with smaller portfolios. The combination of the Lunar Capital structure results in acceptable stock fees.
How many clients trust Lunar Capital Group globally?
Lunar Capital Global provides traders with an economic calendar that shows upcoming economic events and their potential impact on the markets. Traders can use this information to plan their trading strategies and make informed trading decisions. Lunar Capital Global provides traders with trade ideas based on technical and fundamental analysis. Traders can use these trade ideas to make informed trading decisions and potentially increase their profits. Another benefit of the Lunar Capital Global VPS is that it can improve the speed of trade execution.
Finally, Lunar Capital has a currency converter using live currency rates, suitable for traders who make deposits outside their account base currency. Users need to enter the currency they wish to convert from the drop-down menu under From and the currency they receive under To. The final step is selecting the amount and clicking on Calculate. The Lunar Capital currency converter will display the exchange rate and the total converted currency. The Lunar Capital management has visited over 120 cities around the world to connect with their clients and partners in order to interact with them on a face to face basis. They have hosted more than 100 seminars to educate traders, enabling them to make better trading decisions.
Accounts & Banking
- Looking at trading fees first, we begin with spreads and commissions, which should be lumped together as an all-in “round trip” cost covering the opening and closing of a trade.
- No, all Lunar Capital Group accounts, including the Standard, Ultra Low, and Shares accounts, are commission-free.
- Lunar Capital offers a range of MT4 and MT5 platforms for both Windows and Mac Operating Systems which gives traders unrestricted access to all platforms.
- For traders who are looking to level up their trading game, we suggest this article on counter trading.
We signed up with Lunar Capital broker’s Ultra Low Account for this review. Read our below in-depth breakdown of all the pros & cons of Lunar Capital broker, plus the user reviews. European clients under the CySEC jurisdiction are covered by the Investor Compensation Fund (ICF). If a finance company under the CySEC jurisdiction fails then its clients are protected up to €20,000. This could be better if Lunar Capital had Financial Conduct Authority (FCA) regulation then clients would be protected up to £85,000. However, €20,000 is the level of protection that EU clients receive.
Once, I was having trouble understanding the differences between accounts, so I jumped on live chat. Within a few minutes, the representative answered my questions. Lunar Capital also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors.
Unique Features
Clicking on the “News” page allows you to access articles covering the fundamental outlook on individual assets. Moreover, technical analysis posts on a variety of currency pairings, expert commentary, and in-depth studies on the most actively traded forex pairs are all part of Lunar Capital’s extensive research offerings. While you can trade a minimum of 1 share, the spread charge on trading shares depends on the concerned exchange. While all other features look identical to other account types, the company doesn’t allow hedging techniques in the share account.
This means that Lunar Capital Group has direct access to liquidity and can provide traders with the best quotes. The company guarantees an almost complete absence of slippage regardless of market volatility level and a competitive market spread in moments of sudden price movements. Lunar Capital Group offers a comprehensive Learning Centre, including free webinars, live trading sessions, market analysis, and expert-led education.
Does Lunar Capital offer stock CFDs?
The live accounts allow you to trade with micro or standard lots, access MT4/MT5 with expert advisor trading, and get free regular intra-day market updates and technical analysis. All accounts also come with multilingual support and a personal account manager. Lunar Capital Broker works off of two of the most popular trading platforms – MetaTrader 4 (MT4) and MetaTrader 5 (MT5). A defining feature of these platforms is their user-friendly interfaces.
While the number of instruments offered varies across asset classes, Lunar Capital’s diverse range of options provides traders with ample opportunities to capitalize on different market trends. Lunar Capital, founded in 2009 and based in Cyprus, is a https://lunarcapital.net/ regulated online broker serving over 10 million clients worldwide. The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai). Lunar Capital offers diverse financial instruments and is known for competitive trading conditions.
- This Lunar Capital review will take a deep look at various factors you must consider while signing up with the company.
- Essentially there are far more positive reviews about the broker on Reddit than those denouncing the company for specific reasons.
- Whether you’re a beginner or a seasoned trader, Lunar Capital ensures equal access to premium trading conditions, with 99% of trades executed in under one second.
- Through the CFDs, traders can speculate on indices, commodities, currency pairs, and other financial instruments.
Lunar Capital offers all its trader clients a choice between the use of the two most popular retail Forex trading platforms globally. Clients with any account type may choose to use either MetaTrader 4 or MetaTrader 5. Both platforms are well-known, intuitive, and easy to understand, and have been around for many years. Both platforms are also very popular with the retail trading community.
Next is the investment amount, where ten options await, and finally, the maximum leverage from 16 choices. Founded in 2009, Lunar Capital has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs. The platform is primarily designed to support traders ranging from beginners to intermediate levels. Lunar Capital is a top-tier forex and CFD broker that combines a high level of security, a wide variety of account types, and advanced trading tools. Whether you’re a novice looking for educational resources or an experienced trader seeking robust trading platforms and leverage, Lunar Capital provides a comprehensive solution for all types of traders. They also provide education, market analysis tools and convenient funding options.
Trading Account Opening
When it comes to trading fees, Lunar Capital Global charges a variable spread on its forex and CFD instruments. The spread is the difference between the bid and ask price of an instrument, and it varies depending on the instrument being traded. In general, the spreads offered by Lunar Capital Global are competitive with other leading forex and CFD brokers in the industry. While the broker keeps its trading cost competitive, it neither charges any fee on deposits and withdrawals nor applies any inactivity or account administration fee. You can see the most recent political and social headlines that could affect the foreign exchange market under the “market overview” page.
Read more, why trade with Australian Brokers by the link so the regulatory obligations are covered at a sustainable level as we see through our Lunar Capital trading Review. It would be really nice if they had a faster withdrawal period while using bank cards say 1 to 2 working days. The withdrawal period using bank cards should at least be processed with in 1 to 2 working days.
Overall, Lunar Capital’s fees is considered moderately competitive with Ultra Low account but high with Standard & Micro Accounts. They are a spread only Forex broker, they Ultra Low, Standard and Micro Accounts have variable spread without any extra commission. We consider Lunar Capital to be a moderate risk forex broker for South African traders are they are not regulated by FSCA in South Africa, and are regulated with ASIC (Australia) & CySEC. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk.
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