When trading CFDs, you can use higher leverage and go long or short to benefit from price moving in any direction. Your review has been sent for the moderation and will be posted on the broker page after approval. In addition, Lunar Capital charges swap fees if the positions remain open overnight.
Account Types
Lunar Capital offers 300+ financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices through CFDs. These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders. In addition, the MT4 platform provides traders with comprehensive trading tools and features to create their trading strategies.
Here, we’ll delve into Lunar Capital’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. Trading financial instruments, including but not limited to forex, CFDs, stocks, and cryptocurrencies, carries a high level of risk and may not be suitable for all investors. The leveraged nature of these products can work both to your advantage and disadvantage. Yes, Lunar Capital offers a demo account with virtual funds, allowing traders to practice trading strategies without risking real money. Lunar Capital offers competitive spreads starting from 1.2 pips on Standard accounts. Spread rates may vary based on market conditions and the type of account selected.
The user-friendly interface of MT4 makes it easy for traders to execute trades quickly and monitor the markets with ease. Lunar Capital offers both fixed and floating spreads, and these may vary depending on the type of trading account and the market conditions. Traders who need more stability during trading can choose the fixed spread account because fixed spreads help to reduce their trading costs. Each of these platforms caters to different trading styles and preferences. Traders can choose the platform that aligns best with their specific trading needs and devices.
- If you have an account with Lunar Capital and want to withdraw funds, here is a clear guide to follow.
- Lunar Capital broker offers multiple promotions, including a deposit bonus of up to $2,000, and the 100% Supercharger.
- Users mention scenarios where deposits are simple, but retrieving funds is problematic.
- To sum up, Lunar Capital offers a wide range of instruments, it is regulated, offers great customer support and access to the most popular forex trading platform.
- The app is available for download on both the Apple App Store and Google Play Store for Android users.
The company has an average score of 3.7 on TrustPilot, and offers 24/5 support in 30 languages. Lunar Capital broker offers multiple promotions, including a deposit bonus of up to $2,000, and the 100% Supercharger. Lunar Capital works with multiple payment services to provide its clients with maximum flexibility.
Lunar Capital Main Features
- Overall, Lunar Capital’s fee structure is designed to be both competitive and transparent, making it an attractive choice for traders looking to optimize their trading costs.
- First and foremost, its commitment to providing a secure and regulated trading environment ensures that your investments are protected under strict regulatory oversight.
- However, clients might need to pay third-party charges depending on their payment method.
- Lunar Capital offers commission-free trading and above-average floating spreads.
- I quite enjoyed Lunar Capital’s educational guides covering very basic trading topics that novice traders are likely to ask.
Lunar Capital offers commission-free trading and above-average floating spreads. The broker does not charge deposits and withdrawals but has issued an inactivity fee. When choosing a forex broker, there are numerous things to consider. Prior to opening a trading account with a broker, you should have all the information about regulations, trading instruments available, trading fees, platforms, funding options and customer service. Lunar Capital offers clients the powerful MetaTrader 4 (MT4) trading platform, one of the most popular platforms among traders.
A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. I tested Lunar Capital’s transparency by checking the availability of essential information on the website. All essential safety information is present and written in an easy-to-understand way. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Trading Platforms
The easiest way to get in touch with Lunar Capital is live chat, which is available from the bottom-right corner of the main page. The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services. Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. In our reviews, we examine the licenses and regulations of each entity operated by a broker.
They provide traders with assistance when it comes to trading accounts, deposits, withdrawals, and more. Their customer team is knowledgeable and friendly and always willing to help traders with any issues they may have. Traders can contact the customer support team via email at , and they will reply within 24 hours. In conclusion, Lunar Capital ranks favorably among its peers, offering traders a reliable and safe environment to access a wide range of financial markets with confidence. Its combination of regulatory oversight, educational resources, and flexible trading conditions make it a compelling choice for those seeking to engage in online trading.
Inactivity Fees
Lunar Capital is a relatively new online broker providing trading services across multiple financial markets, including FOREX and indices. There is also a cent account, which is best for transitioning from a demo account to a live one. The Cent account type is similar to the Standard account, the main difference is that the account balance is denominated in Cents.
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Overall, Lunar Capital’s fee structure is designed to be both competitive and transparent, making it an attractive choice for traders looking to optimize their trading costs. Lunar Capital generally does not charge withdrawal fees, allowing traders to access their funds without penalty. Withdrawal requests https://lunarcapital.net/ are typically processed within 24 to 48 hours, with the actual time to receive funds varying based on the payment method. The absence of broker-imposed withdrawal fees adds to the overall cost-efficiency of trading with Lunar Capital. Lunar Capital also provides a wealth of educational resources for traders of all levels, from beginners to advanced. The broker offers webinars, podcasts, and various video-on-demand services to help traders better understand the financial markets and improve their trading skills.
Traders with highly specific investment preferences might find more tailored options elsewhere. Please note that trading leveraged products carries a significant risk of losing all your invested capital. MarketBulls does not offer financial advice, and all content is for informational purposes only. Traders in India can access the broker’s range of trading instruments and platforms. This diverse range of trading instruments makes Lunar Capital a versatile platform suitable for various trading strategies, from day trading and scalping to long-term investing.
No, Lunar Capital does not accept clients from the United States due to regulatory restrictions. My overall impression of Lunar Capital is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. I did not find any specific feature in Lunar Capital’s offering to say that the broker is better suited for high-frequency or longer-term trading. MT4’s app suffers from the same underlying problem inherent to other mobile apps.
Traders should, therefore, approach this broker with careful consideration. In order to open a live trading account, open the broker’s main page. By clicking this button, you will be directed to the registration page. The Lunar Capital platform also offers a detailed charting package, helping traders to make better trading decisions. With a deep liquidity pool in futures trading, traders can take large positions without worrying about slippage. Lunar Capital broker offers a variety of payment methods to answer different demands.
Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice. Get a better understanding of how the markets work with our easy to ready “how-to” guides. Quickly compare vetted accounts to see which providers are most appropriate for you. The information on market-bulls.com is provided for general information purposes only. Market-bulls.com does not accept responsibility for any loss or damage arising from reliance on the site’s content. Users should seek independent advice and information before making financial decisions.
