We will make sure to update our articles with the latest offerings of the broker. These options provide flexibility for traders who prefer a more hands-off approach or want to diversify their trading strategies. Lunar Capital has won 6 prestigious awards, offering excellent services to over 155,000 users. We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere. We will help to challenge your ideas, skills, and perceptions of the stock market.
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- Our individual investment portfolios are not just financial instruments; they are bridges to your aspirations.
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- Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.
- Retirement accounts accepted are traditional, Roth, rollover, and SEP IRAs.
- Join the ranks of over 155,000 customers who have already chosen Lunar Capital’s services.
Let’s compare the fee policy with other brokers to better understand the difference. For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. Automated clearing houses deposits are free and so are withdrawals.
Trading Fees
Such policies solidify Lunar Capital’s reputation in the financial trading space. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making. Lunar Capital’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software https://lunarcapital.net/ downloads. Lunar Capital offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies.
Lunar Capital Account Opening and Verification Guide
- The broker’s self-service resources receive generally positive mentions, with users appreciating the detailed FAQ section and platform demos.
- “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.
- Our evaluation of Lunar Capital shows there are limited trading promotions for retail traders.
Mobile trading is supported through dedicated apps for iOS and Android devices. In this section we’ll show you how to open a live trading account with Lunar Capital. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions.
Our evaluation of Lunar Capital shows there are limited trading promotions for retail traders. This is common in the online trading industry, and while it may be a disappointment to some investors, we do not rank Lunar Capital down for this. Our team don’t recommend traders choose a broker based on sign-up bonuses. Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace.
Who Should Use Lunar Capital: Real User Recommendations
Broker maintains up to 14 different types of user accounts on its platform. However, traders should pay attention to potential charges by individual payment channels. The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. At the core of our offerings, lies a suite of distinctive advantages meticulously designed to elevate your trading experience to unprecedented heights.
They have mobile-optimized charts, multiple order types and facilitate one-click trading. The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage. Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses).
Additionally, the broker charges withdrawal fees which vary depending on the method you choose. Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Our testing shows that Lunar Capital offers lower fees than most forex brokers, especially in its premium accounts. Also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms.
Holistic Investment Experience
The Lunar Capital demo account has an overly high demo account balance of $100,000, but the registration is refreshingly swift. I did not find a time limit, which suggests that Lunar Capital understands the requirements of demo trading. I prefer more customization options to ensure demo trading conditions reflect planned live portfolios.
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based MT5 Global account. While Lunar Capital advertises 24/7 support, some users have reported occasional delays in response times. You could use profit calculator tools to predict a trade’s profitability and outcome based on commissions. The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics.
This is noticeably tighter than the variable spread accounts at the majority of brokerages. Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. Lunar Capital operates as a US-based discount brokerage owned by WhoTrades Inc., a Russian-owned company since 2015.
For self-sufficient traders seeking execution efficiency at competitive rates, Lunar Capital merits serious consideration despite its educational limitations. The decisive factor appears to be aligning your current trading knowledge, capital availability, and specific market interests with the broker’s strengths. When comparing alternatives, users highlight several key differentiators. On pricing, Lunar Capital consistently ranks favorably against full-service brokers but faces stronger competition from other discount brokers for lower-volume traders.
The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools. These simulation accounts are a great way for beginners to learn more about forex trading without financial risk. They also offer traders the chance to find out if the broker suits their strategy before committing funds. Lunar Capital offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.