In all my time being a trader, this is the one broker that I can vouch for that doesn’t manipulate its charts and is honest with its operations. https://lunarcapital.vip/ Not saying that there are no other honest brokers; I am only saying this is one of the honest ones. The broker has about 10M traders using their platform, which says a lot about their honesty. Lunar Capital provides various high-quality and enjoyable educational content aimed at beginner traders to help them build their trading knowledge and skills.
In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a Lunar Capital trading position does not go in your favour, this is where negative balance protection comes in handy. Lunar Capital provides a demo account that enables individuals to explore trading before investing their funds. By creating a Lunar Capital practice account, users can gain experience and knowledge of how to trade effectively.
Research and Education
Lunar Capital Group provide you with very good proprietary trading tools for the MetaTrader 4/5 trading platforms. These tools are fully automated and can help you to perform technical analysis across multiple instruments and charts, in order to identify potential trading opportunities. This makes it quick and easy for you to identify trading signals without needing to constantly stare at your charts all day and night. I am always on the lookout for new trading tools which can help make my market analysis more accurate. Sometimes I can go through hundreds before finding something that I will implement into my day trading activities. I am impressed with these indicators and certainly see how they can help spot market movements.
Lunar Capital Broker Review
- So take the time to research Lunar Capital thoroughly and make the most of your online investing experience.
- The account opening process with Lunar Capital is relatively quick and painless.
- Many brokers will have between 20 and 30 different commodities to trade.
- However, there is no need to worry because you can call them and talk to a customer service agent if that does not work.
- To understand what Lunar Capital account types can offer you, we are going to break them down.
- Lunar Capital offers traders more than 1,000 competitively priced assets, excellent leverage, trading bonuses, plus a loyalty program and an upgraded MT4/MT5 trading platform.
Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions. The phone support team successfully resolved our questions and issues over the phone. When we called, the team answered our call promptly, in less than a minute. While it may be a new skill set for some, it is what the market requires for success. Like other brokers, Lunar Capital margin requirements can differ depending on the traded instrument.
- When we called, the team answered our call promptly, in less than a minute.
- Throughout our comprehensive Lunar Capital review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality.
- The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market.
- Many awards, strong regulations, lots of reviews and everything made me start trading here, even though I wasn’t in search of another broker.
- Lastly, Lunar Capital offers a conducive environment for inexperienced traders to grow their abilities and confidence in the market by including negative balance protection and 24/7 multilingual customer assistance.
Lunar Capital Minimum Deposit
Lunar Capital has been gradually expanding its regulatory licenses over the years and is now up to three. Starting with the regulation in Cyprus (which covers the EU’s ESMA regulation), expansion has included Australia (a strong, tier-one jurisdiction) and latterly in Belize. If you are tight on time, we will quickly list a few key pros and cons that should be at the forefront of your decision on Lunar Capital.
So, the same as we do, you will enjoy its look and functions offered. When using Lunar Capital, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Lunar Capital, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades.
The Lunar Capital currency converter will display the exchange rate and the total converted currency. 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. Lunar Capital charges an account inactivity fee of $10 per month after 90 days.
Lunar Capital Inactivity Fees
Proof of ID may be verified by providing an official national identity card, passport, or driver license. Images can be uploaded https://lunarcapital.net/ for verification and response times are very quick. A selection of trading tools are also offered, in addition to free forex signals and forex calculators.
Lunar Capital offers trading in more than 55 currency pairs including majors, minors, and many exotics. Lunar Capital appeals to traders across the world who can rely on support in their language. The broker’s track record of over 2.4 billion trades executed with no re-quotes or rejections is further motivation for traders to consider this regulated broker. As an internationally regulated and licensed broker, Lunar Capital has more than 3.5 million clients in over 200 countries with access to trading more than 1,000 instruments. CySec offers an investor protection fund up to €20,000 but eligibility is not automatic even if a depositor’s funds become inaccessible due to no fault of their own. In fact, the deposit and withdrawal options are listed side by side on the website and a trader needs only click on “make a deposit” or “request a withdrawal” in order to make a transaction.
Despite millennial traders favoring mobile trading apps, committed traders use them only to monitor portfolios. Given the limited screen space, profitable traders conduct market research, technical analysis, and portfolio management on the desktop client or the web-based alternative. Lunar Capital provides the necessary links to Google Play and the App Store for the swift installation of the desired mobile trading apps. MT4 still has long been the trading platform of choice from all types of trades across the globe. It is well known for its user-friendly interface and abundance of built in trading tools for conducting detailed chart analysis and trading efficiently. Lunar Capital pioneered offering an MT4 platform with trading execution quality in mind.
Before trading online with a broker like Lunar Capital you should be sure they’re legitimate online agent. Lunar Capital is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Lunar Capital going into insolvency. Lunar Capital compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Lunar Capital to maintain licenses and operate in certain jurisdictions.
These savings can be much great when you trade other instruments with wider spreads on the Standard account. Lunar Capital is a group of brokers operating in jurisdictions around the world under the umbrella of the parent company Trading Point of Financial Instruments Ltd. The company was founded in 2009 in just over 11 years it has grown to have had over 10 million clients from 190 countries all over the world.
Lunar Capital offers various funding payment methods listed in your Lunar Capital dashboard if available in your region. To learn more about the Lunar Capital funding and withdrawal options available in your area, you can explore the Lunar Capital website. Whatever you are looking to trade, the varying Lunar Capital account types will be able to provide you with what you need. After logging into your Lunar Capital account, you’ll find a range of trading platform options available below. Lunar Capital may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged.
We’re committed to providing reviews and information about the top brokers in the industry. And, we’re committed to doing so with honesty, transparency, and integrity. While Lunar Capital’s platforms received a mention in our list of “pros”, the fact that there are only two is limiting. MT4 and MT5 do offer features for diverse trading needs, but offering additional options would be a plus. These low trading costs offer a significant financial advantage in highly competitive markets, such as forex and CFD. This level of regulatory oversight and compliance is as good as a guarantee that they operate within strict guidelines.