The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours. Lunar Capital is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution.
- Traders who would rather use a desktop program should check out Lunar Capital Pro.
- They provide global traders with competitive trading conditions and fees.
- In this review of Lunar Capital, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more.
- Using their trading strategies, the broker can manage client capital by investing in stocks of leading US and global companies that are traded on the major exchanges NYSE, NASDAQ, BATS, etc.
- Our partners are integral to our ecosystem, and we are devoted to providing them with the tools, support, and environment needed to thrive in the dynamic world of trading.
Strangely, I was not able to delete a stock after adding to a list. I was also disappointed in the platform’s lack of research tools. Free daily mailout of analytical reviews and forecasts for the current date.
Lunar Capital Forex ECN Account
There is also a campaign to become a professional trader which offers a bonus of up to $2000. Also, similar to the copy trading service, there is no guarantee you will make a profit. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.
Lunar Capital Broker Company Information & Regulation Overview
In this Lunar Capital review, let’s look at their fees and commissions. Furthermore, stocks and options are priced according to two different plans. We’ve created a trader-friendly environment with various deposit and withdrawal options, zero deposit commissions, intraday withdrawals, and round-the-clock customer support.
Lunar Capital fees compared to Interactive Brokers fees
If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. Lunar Capital is a regulated online broker offering a wide range of products, services, accounts and trading platforms. They provide global traders with competitive trading conditions and fees. Our expansive range of services and financial instruments is designed to offer a seamless, integrated, and comprehensive investment experience for our clients. Lunar Capital offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types.
Trading assets offered by Lunar Capital
Lunar Capital would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies. Sterling Trader Pro is another platform that is available to Lunar Capital customers. Some broker-dealers charge for this, so free access is quite generous. The software offers direct-access routing, option tools, and real-time market data.
Your Gateway to Global Markets
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. The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. Lunar Capital have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account.
Our testing shows that Lunar Capital offers lower fees than most forex brokers, especially in its premium accounts. Lunar Capital also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Looking at the negatives, Lunar Capital scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
Traders also have the option to open Islamic and demo accounts with Lunar Capital broker to cater to diverse trading needs. The Islamic account complies with Sharia law by eliminating interest charges, making it https://lunarcapital.net/ suitable for Muslim traders. Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds. There is something for everyone to trade with thousands of financial instruments available.
- You can keep track of current economic data using the provided Economic Calendar.
- Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share.
- Trading and investing in financial instruments comes with a high degree of risk and you can lose money.
- The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
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. Different account types are available for different trader types. 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.
Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. The Forex Standard account offers commission-free trading with spreads from 0.5 pips. 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.
Lunar Capital offer professional customer support 24/7 via online chat, telephone and email. It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. Robo-advisor is a globally recognised service that aims to help traders using modern technologies. It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention.
We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. We could charge more, but we have a pay it forward, give back mentality. We want to feel good about what we do, and the results and reviews speak for themselves. Also, we provide you with free options courses that teach you how to implement our trades as well. Our watch lists and alert signals are great for your trading education and learning experience.
The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the Lunar Capital website and seek independant advice. The minimum amount required is USD 100/EUR 100 and users pay a commission only for results. This can be a possible solution for those of you who do not have the time or knowledge to trade. I personally prefer to trade manually using my own strategies as I like to know when and why a trade was taken.
This is browser-based, but nevertheless incorporates some powerful features. There is also a trade ticket, which offers market and limit orders on close. The duration of an order can be set to day, GTC, or extended hours. Withdrawal requests are processed within the same day or next if outside working hours.
Real-time quotes are available, and so are charts with technical studies. I was disappointed in the lack of equity trading on this platform, however. Traders who would rather use a desktop program should check out Lunar Capital Pro. The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins. Historical data can be obtained from the platform, and multiple order types are available. Nevertheless, I was impressed with some of the features available.
I like the web platform for accessing my account on different devices without needing to install any software. The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. Lunar Capital offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.