To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. In this LunarCapital review, we examine the broker across key categories, including its accounts and fees, trading platforms, and customer support, to find out how it competes with alternatives.
- As a result, selecting the right trading platform like LunarCapital requires a deep understanding of the market, trading strategies, and platform functionality.
- MetaTrader 5 (MT5), an enhanced version of MT4, offers faster order execution, more built-in indicators, advanced charting tools, improved back-testing capabilities, and greater market depth.
- On the flip side, the range of instruments is strictly limited to forex and CFD, the education section is relatively poor, and the support is only 24/5.
- When considering LunarCapital for your trading activities, its financial regulatory status in your region is crucial.
Deposits & Withdrawals
LunarCapital is a reputable global brokerage platform that empowers traders by providing access to a diverse range of financial markets, including forex, commodities, indices, cryptocurrencies, and more. The broker is dedicated to fostering a seamless trading environment through advanced trading technologies, robust security measures, and comprehensive customer support available 24/5. In this general overview, we explore the key features and offerings of LunarCapital, highlighting why it stands out in the competitive brokerage industry. This overview serves as an introduction to the platform’s strengths, laying the groundwork for a more detailed examination of its services, tools, and support systems in the sections that follow. Stocks are a prominent offering at LunarCapital, providing traders with access to a wide selection of individual company shares from major global markets.
LunarCapital Review
LunarCapital offers more than 1,130 CFD instruments across forex pairs, commodities, indices, stocks, and cryptocurrencies. The selection is diverse enough to support a wide range of trading strategies. However, the broker’s lineup lacks low-risk securities such as ETFs and bonds, which would make it more balanced. LunarCapital stands out with its unique ECN XL account, which blends features of both Classic and Raw accounts.
VIP Account
Let’s explore each of these trading platforms in detail and what options LunarCapital gives you. After logging into your LunarCapital account, you’ll find a range of trading platform options available below. If you want to trade currency pairs on global Forex markets, LunarCapital offer over currency pairs. LunarCapital offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs. It is safe and has the necessary security tools in place, and also has a lot of good trading conditions. We have not experienced any security concerns during our many hours using the trading platform.
As part of our LunarCapital review, we review customer service options, response times and problem resolution effectiveness on the LunarCapital trading platform. The LunarCapital trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian. Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, LunarCapital trading losses are always limited to the current balance of funds in the trader’s account. CFD trading on LunarCapital allows traders to speculate on the price movements of various financial instruments against the broker LunarCapital, without actually owning real assets.
Platforms and Tools
For EUR/USD the average spread is about 0.8 pips, which is reasonable given many other brokers. Established in 2010, LunarCapital has become known as a dependable broker in the forex trading space, regulated by the EU authority in Cyprus it provides reliable trading conditions overall. LunarCapital supports payments via bank wire, credit/debit cards, e-wallets, and several cryptocurrencies. Processing times are generally fast, and traders can choose from a wide range of currencies.
Since markets are always changing, it’s important to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account. LunarCapital offers a universal trading account called ECN XL, which features zero commissions and raw spreads starting from 0.0 pips. There is no minimum deposit requirement, and traders can convert their accounts into Islamic accounts for swap-free trading. LunarCapital is a reliable platform that can be considered trustworthy due to its strict regulatory practices.
- LunarCapital also offers free forex VPS services for high-volume traders, although the deposit and trading requirements are higher than some competitors.
- Also, a recommended minimum deposit of $500 is suggested for those looking to maximize their trading experience and access additional features.
- 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.
- Recently, they removed a $2,000 credit from my account without any prior notification, which triggered a margin call.
- This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders.
- Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.
Especially the MT5 mobile app stands out for its sophisticated tools and efficient solutions. Modern brokers like LunarCapital provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, LunarCapital may charge clients various fees for trading activities.
It’s essential to note that the trading instruments offered under the LunarCapital brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before https://lunarcapital.space/ trading, verify the LunarCapital trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. LunarCapital partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices.
When it comes to online trading with brokers like LunarCapital, carefully review LunarCapital as your broker can make or break your success. Choosing the right broker is essential to ensure your LunarCapital investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.
LunarCapital’s ECN XL account is a nice touch—it mixes raw spreads with zero commissions, giving traders a solid pricing edge. Stop Loss orders are guaranteed only during market hours and under normal trading conditions. As a new client of LunarCapital, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with LunarCapital in your region. It’s important to note that LunarCapital requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps LunarCapital maintain a trustworthy financial environment for its 10,000 users. Detailed information on the LunarCapital trading platforms is available on their website.
We champion verified reviews
This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website. While we found the LunarCapital phone support satisfactory, there is room for improvement in response time. You can trade a wide variety of instruments with LunarCapital over 200 instruments in fact.
Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring LunarCapital’s platform. Experienced LunarCapital traders can trade high risk CFD trades to hedge items in their portfolio. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. LunarCapital customers have instant access to the financial market and can completely manage a Portfolio on the go.