Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. LunarCapital provides a variety of account types tailored to different trading needs and experience levels, with availability depending on the regulated region. LunarCapital and LunarCapital Global offer a variety of trading accounts with variable spreads. LunarCapital does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders. One strong point is that LunarCapital extends negative balance protection to all its clients, not just the EU clients that it is required to by law.
Take Advantage of Short-Term Market Fluctuations
All deposits via credit/card and e-payment options clear into your account instantly. It is always important for would-be traders that they understand the flip side of trading with a dealing desk broker. There are 14 indices to trade, including major indices, such as Dow Jones, NASDAQ, and S&P 500, among others.
Minimum deposit
- To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders.
- LunarCapital is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others.
- Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk.
- Dealing desk brokers can manage the risk of their clients’ trades in two ways.
It is, therefore, unsuitable for those who lack proficiency and sufficient experience. The Learning Centre hub is another area of the site for traders to learn their craft. We are impressed with the selection of educational videos, platform tutorial videos, whilst the LunarCapital Live video feed is a service you will very rarely see with rival brokers. This includes precious metals (such as Gold and Silver), agricultural products, industrial metals, and energy products, such as oil and natural gas. Although this selection allows traders to diversify their portfolios, it is somewhat limited, compared to other brokers who offer between 20 and 30 different commodities to trade. Beginner traders who have done even minimal shopping around for brokers will by now have realised that the MT4 platform is available everywhere.
- LunarCapital offers Forex, Stock CFDs, Turbo Stocks, Commodities, Indices (Equity and Currency), Energies (Cash and Futures CFDs), Precious Metals (Spot and Futures CFDs), Thematic Indices and Crypto CFDs.
- In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews.
- The broker also has a solid presence on social media platforms, with profiles on Facebook, Instagram, X, YouTube, LinkedIn, and Tik Tok.
- To help facilitate the customer service that LunarCapital offers its clients from around the world, it claims to have support in over 30 languages.
- While industry-standard fees include overnight funding and currency conversion, the inactivity fee may concern less active traders.
- Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges.
The broker’s transparent fees and varied account types offer flexibility to orders. While industry-standard fees include overnight funding and currency conversion, the inactivity fee may concern less active traders. Overall, LunarCapital’s user-friendly fee structure and competitive spreads make it attractive to traders. LunarCapital, founded in 2009 and based in Cyprus, is a 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).
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They also have LunarCapital web trader which allows you to trade through your web browser without the need to download any software. Multiple payment methods are available depending on the LunarCapital entity such as Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Apple Pay, Google Wallet etc. LunarCapital unfortunately cannot accept clients from the residents of certain countries, such as the United States of America, Canada, Israel and Iran. LunarCapital Global also provides direct share trading in addition to the previously mentioned assets.
LunarCapital is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others. This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries. Start trading on one of the best multi-asset platforms in the industry and leverage the power of a global broker. LunarCapital offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop users. These platforms are known for their comprehensive charting capabilities, technical indicators, and expert advisors (EAs). LunarCapital provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution.
This fee encourages active trading and helps cover administrative expenses. LunarCapital offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5. Overall, LunarCapital’s account offerings exhibit versatility and inclusivity, catering to a wide range of traders’ preferences and needs. Trade with confidence with a multi-regulated broker that has built long-standing partnerships https://lunarcapital.vip/ with top global banks. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. LunarCapital has also really put the effort in when it comes to Research and Education.
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LunarCapital offers easy access to nearly 1,400 tradable instruments, across several asset classes, including Forex, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, and Thematic Indices. Cryptocurrencies and Turbo Stocks are available in specific jurisdictions. Compared to rival brokers, LunarCapital charges inactivity fees very quickly, however not as expensive as other brokers. If you hold a position overnight, you will incur financing charges, often referred to as swaps or rollover fees. These charges can result in either a gain or a loss and vary depending on the instruments being traded and the day.
The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills. The “LunarCapital mark-up” on financing charges is not unique amongst brokers but some do not add any fees to the standard tom-next rate formula. We like the zero fees that you get on deposits and withdrawals (except for wires below $200). Inactivity charges are low on the monthly rate but kick in after only a short time.
Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges. Given LunarCapital’s broad global presence, traders should be mindful of these potential risks. Take advantage of our promotions and demo account to practice risk-free. Master the markets with insights from our team of more than 70 expert educators and free educational resources.
They are based on “tom-next rates”, or the interest rate differential between the two currencies involved. LunarCapital generally offers competitive minimum spreads, especially on major pairs like EUR/USD and GBP/USD, but is occasionally outperformed by IG Markets and AvaTrade on some instruments. Across its Standard and Micro accounts, LunarCapital generates profit from the spread rather than commissions. In contrast, LunarCapital’s Zero account features zero or very low spreads plus a commission on every trade. Every client, regardless of account size, gets access to the same excellent trading conditions.