Lunar Capital Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). These factors combined with a no-requotes and no extra commissions policy ensures that Lunar Capital Group are amongst one of the best trading brokers you can trade with in my opinion. While Lunar Capital provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience. Lunar Capital offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop users.
- Take advantage of our promotions and demo account to practice risk-free.
- Additionally, Lunar Capital takes measures to protect client funds by storing them in segregated bank accounts across various locations.
- Known for its efficient trading services, quick execution speeds, and secure trading environment, Lunar Capital has garnered a positive reputation among our traders and industry experts.
- 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 are open and transparent about their overnight financing rates, which is a good sign.
- If you’re seeking a broker without inactivity fees, Vantage might be a suitable alternative.
Focused on the Client
There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn. Lunar Capital is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. The educational rooms are live trading rooms where clients may enter and participate to see live markets traded in real time. Most of them are open for eight hours continuously on weekdays, which is extremely impressive. Eight educational videos on a range of common Forex trading topics are also available in their relevant subsection.
- To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second.
- The account type that you choose will probably depend on your investment size and trading style.
- We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
- Lunar Capital caters to new traders with features like low minimum deposits (starting at $5 for certain accounts) and demo accounts for risk-free practice.
I expected Lunar Capital to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size. Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, Lunar Capital caters primarily to a broader range of traders. They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be. Lunar Capital always have a range of promotions they are running at any given time. They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals.
Forex Risk Disclaimer
Lunar Capital’s deposit and withdrawal options are competitive compared to multi-regulated brokers such as IC Markets, Pepperstone, and Lunar Capital. It eliminates overnight interest charges, making it suitable for those seeking trading opportunities that align with Islamic finance principles. At Lunar Capital the client comes first regardless of net capital worth, account type or size of investment.
The list of video tutorials seems endless and cover topics as basic as how to open a Forex account to how to use a MT4 Droid pad on the Mobile Trader app. Account holders can benefit from weekly webinars in nine different languages, including Arabic, Bengali, Indonesian, Polish, and others, given by 25 expert instructors whose pictures are on the site. Lunar Capital has been in operation as a brokerage since 2009, giving it a relatively long track record. Typically, it can be said that the longer a broker has been in business, the more reputable the broker should be held to be.
Fed meeting minutes show interest rate cuts two to three times this year
You demand the best trading experience; our awards reflect our desire to provide it. We pioneered the strict no requotes, no rejections policy that established our reputation. To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second.
Customer Support
To deposit funds and start trading, I had to complete the standard KYC procedure by submitting Proof of Identity (POI) and Proof of Residence (POR). All of the usual forms of deposit and withdrawal are available with Lunar Capital, such as Neteller Moneybookers, debit and credit cards and Skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though. The next-generation MetaTrader 5 platform with enhanced features, more timeframes, and access to a wider range of markets.
Take Your Trading On The Go
The Ultra Low Micro and Lunar Capital https://lunarcapital.vip/ Ultra Low accounts offer commission-free trading with floating spreads starting from 0.8 pips, typical of many other brokers we’ve analyzed. However, brokers like IG or CMC Markets provide more options for those seeking a broader variety, particularly in stocks and cryptos. BlackBull also offers a superior range of overall trading opportunities, with over 26,000 instruments available to suit various trader preferences. Lunar Capital also offers demo trading accounts, providing a risk-free environment in which to explore its platforms and available assets.
Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. Looking at the Lunar Capital Zero account, the average spread for EUR/USD is 0.1 pips excluding the commission.
Fees are competitive for depositors of a few hundred dollars, and the Lunar Capital Zero account option is competitive for Forex traders at any deposit size, starting at the $5 minimum! A diverse range of assets exists for trading, including over 1,350 individual stocks and shares. Lunar Capital’s reputation is towards the higher end of the industry average, with a long track record and good regulatory standing in Australia, the UK, Belize, and Cyprus.
Other prominent MT5 brokers to consider who are on par with Lunar Capital include Lunar Capital. Lunar Capital Group accepts clients from all over the world, excluding the USA, Canada, Israel, and Iran. If you are from one of the restricted countries, feel free to look for an alternative broker on our compare brokers page. When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded.
For day traders seeking even lower spreads, the Zero account provides raw spreads from 0.0 pips with a commission of $3.50 per lot per trade. More than 14 languages are catered for through the customer support service at Lunar Capital. You can reach them no matter what time of day it may https://lunarcapital.net/ be through their live chat feature.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. Lunar Capital broker offers a suitable trading environment for both novice and experienced day traders. Its support for MT4/5 platforms, competitive fees, comprehensive educational resources, and reliable customer support cater to a wide range of trading needs.
Lunar Capital Deposits and Withdrawals
This fee will be automatically deducted from their MT4/MT5 accounts on the first day of each month. One notable fee for less frequent traders is an inactivity fee of $15, charged once after one year of no activity. Following this, a monthly fee of $5 applies if the account remains inactive.