Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. The CyprusSecurities and Exchange Commission (CySEC) regulates the broker (license number281/15). Lunar Capital follows theEuropean Securities and Markets Authority’s (ESMA) regulatory framework andparticipates in the Investor Compensation Fund. These regulatory associationsprovide monitoring and potential protection for traders’ funds.
Bmo Financial Group
Forex trading fees work using spreads to eliminate additional commissions or fees. The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Lunar Capital also offers many other trading instruments on their CQG, ROX and J2XT trading platforms.
- Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
- The CyprusSecurities and Exchange Commission (CySEC) regulates the broker (license number281/15).
- It’s important to note that bonuses and promotions often have specific time limits and conditions.
- The platform focuses on options and futures trading via leading international exchanges, and is offered by Lunar Capital for free for the basic desktop-based version.
Demo Account
- Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders.
- Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs.
- With that said, traders should be aware that the available instruments vary depending on the account you have.
- Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace.
- Lightspeed Trader is a platform designedfor professional traders who prioritize reliable market data, extremely lowlatency, and high performance.
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. Lunar Capital offers a larger selection oftrading platforms than many other online brokers. Their six platforms includethe widely used MetaTrader 4 and MetaTrader 5. They also offer the CQG TradingPlatform, ROX Premium, Sterling Trader Pro, and the Lightspeed Trader platform. Support is available 24/7 which stands up well against competitors we have tested. MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools.
Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2. Based on our tests, Lunar Capital is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs.
We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. However, traders should pay attention to potential charges by individual payment channels. The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. With trading platforms compatible with Windows and Mac desktops, Lunar Capital ensures non-mobile traders have a comprehensive trading experience in the desktop environment.
Lunar Capital Online Ltd (Lunar Capital) is a leading international investment company providing its Clients with direct access to the major world stock and currency markets. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While Lunar Capital’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal.
On a more positive note, our tests show that withdrawal times are in line with competitors, varying between payment methods with e-wallets being instant and bank wires taking up to 5 days. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge. I like the variety of payment methods supported by Lunar Capital, making the broker easy to use. Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies.
Lunar Capital’s platform unfurls a tapestry of innovative features tailored to empower traders. By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement. Secondly, the ROX platform is a trading platform aimed mostly at stock and options trading in the US, Canada, Mexico, and several European countries. The ROX platform is available for a minimum deposit of USD 3,000, and all trades made here are for the actual securities (no CFDs), and thus comes with a commission on all trades. First among them, CQG is a platform that is aimed at the more professional segment of the market than MT4/5 and many other typical retail platforms. The platform focuses on options and futures trading via leading international exchanges, and is offered by Lunar Capital for free for the basic desktop-based version.
Such policies solidify Lunar Capital’s reputation in the financial trading space. 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. With its regulatory oversight, Lunar Capital offers an additional layer of security to its clientele. However, those craving advanced features might yearn for more than what the broker offers. In other words, Lunar Capital is for the pragmatic trader seeking simplicity and efficiency.
Trading Fees
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 investors who want to trade on the go, Lunar Capital provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere.
The broker is headquartered in Cyprus and isregulated by the Cyprus Securities andExchange Commission (CySEC). The results from our assessment show that Lunar Capital is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. Lunar Capital does not charge inactivity fees – a levy we see at many forex brokers we review.
Company
They also offer traders the chance to find out if the broker suits their strategy before committing funds. One of the best things about Lunar Capital in our opinion is the very big selection of trading instruments it offers. And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, and stocks that can be traded directly from the relevant exchange. These platforms provide traders with a range of trading tools and features to execute their trading strategies effectively across various markets. It gives traders access to more than 40global exchanges and the assets that are traded on them.
Users must provide their name, email, phone number, date of birth, nationality, and financial profile details. The sign-up process takes around 7 to 9 minutes, including identity and financial details submission. Lunar Capital is a forex broker located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC). While Lunar Capital advertises 24/7 support, some users have reported occasional delays in response times. It’s important to note that bonuses and promotions often have specific time limits and conditions.
Company Profile
They have mobile-optimized charts, multiple order types and facilitate one-click trading. This is a good indication that the brand is a large, legitimate brokerage. On the downside, our research has revealed that swap-free accounts are not available. Trust and safety remain paramount for investors in the complex world of finance. After that, fill in https://lunarcapital.net/ the economic profile, including employment status, source of income, and financial background. Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
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