Some traders may wish for a deeper choice of platform that is given here, yet a big majority of traders who find themselves considering becoming customers of Lunar Capital will find the choice on offer adequate. Lunar Capital are open and transparent about their overnight financing rates, which is a good sign. Lunar Capital state that their rates are based upon the bank market’s tom/next rates plus the Lunar Capital mark-up.
This is so you can manage all the accounts from the same area in the client portal/Members Area. If you want to have a fresh start, you can open a new account with another email address, using the same credentials for identity and address. All you need to do is make sure that you are giving the correct information.
What Can You Trade on Lunar Capital’s Platform?
The application functions as a convenient and strong resource for traders interested in maintaining market awareness while on the move. European clients under the CySEC jurisdiction are covered by the Investor Compensation Fund (ICF). If a finance company under the CySEC jurisdiction fails then its clients are protected up to €20,000. This could be better if Lunar Capital had Financial Conduct Authority (FCA) regulation then clients would be protected up to £85,000. However, €20,000 is the level of protection that EU clients receive.
Our team has compiled a series of detailed Lunar Capital comparison articles, pitting the Lunar Capital platform against some of the best-rated Lunar Capital competitors in the market. Dive into our informative Lunar Capital Vs pages below to find out how Lunar Capital stacks up against other leading brokers. Although Lunar Capital are not perfect; we found many really useful aspects with the overall offering from Lunar Capital. Stop-loss orders are especially important for Lunar Capital traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses.
- It can be challenging and requires significant research and understanding of the Lunar Capital trading tools and features.
- Both platforms are well-known, intuitive, and easy to understand, and have been around for many years.
- It’s also easy to use and operate, everything works efficiently and effectively.
- MetaTrader is known for its clean and good feel while trading, also its Charting are among the most powerful offerings in the industry.
Please consider contacting a professional advisor if you require any financial assistance. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. Customer support is one area where Lunar Capital really will go the extra mile. Lunar Capital claims to speak over 25 languages and customer support is available through all the usual channels.
In the trading world, brokers like Lunar Capital, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
- Those of you who just want to get a feel for trading can open a demo account free of charge without any commitment.
- If you are unsatisfied with Lunar Capital or want to explore other options, we recommend checking out our carefully curated list of highly-rated Lunar Capital alternatives.
- Once traders agree to some standard disclosures they can click the MT4 or MT5 icon on their desktop and be on the platform in seconds.
- All trading operations are available, and the only notable difference is that the MT4/MT5 WebTrader does not support EAs or the build-in copy-trading function, which rank among the best features.
- I’ve found Lunar Capital’s customer support responsive, helpful, and professional.
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). However, unlike publicly traded counterparts including Plus500 and IG, Lunar Capital’s private status limits the availability of financial disclosures. This could impact transparency for traders seeking detailed financial information.
I have some issues with the pricing especially at Standard account but when it comes to client-orientedness Lunar Capital is arguably the best in the business. For EUR/USD, the real (not marketing) spread for me its almost always 1 pip, on the dot, for my account type. For BTCUSD, its usually below $70, which is actually less than 0.13%, very good for crypto. For CHFSGD, which I’m a big fan off, my spread with Lunar Capital is typically pips, its actually very small for this pair.
Lunar Capital Global Loves Deposits Hates and Denies Withdrawals
Some users, in the meantime, pointed out that the analytical powers of the app are not as strong as those of the desktop version, which is of course fact due to limited capabilities of phone screens mainly. Lunar Capital MobileTrader is a dependable choice overall for traders looking for convenience and flexibility in their trading operations and is non-replaceable on the go. MT5 overall provides effective trading even with huge volatility since fast order execution times average less than one second.
Research and Educational Materials
They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base. Lunar Capital Group has a vast range of educational materials within the research and education center. This includes daily market updates, economic events, tutorial videos, webinars, seminars and more.
IS Lunar Capital regulated? Are its clients protected by regulatory deposit insurance?
It’s important for Lunar Capital traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Lunar Capital losses are limited to the funds available in your Lunar Capital account when negative balance protection is in place. Negative balance protection is important for traders using leverage on platforms like Lunar Capital.
See some of Lunar Capital’s international stock CFDs
All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient. Lunar Capital Group was founded in 2009 and has since grown into a large globally established trading broker. This experience combined with strict regulation and customer service in over 30 languages makes them one of the best forex brokers for traders from all different backgrounds and levels of experience. Pepperstone offers five, including their Pepperstone platform which was designed by traders.
The platform provides fast execution speeds and dependability we marked highly on our trading test, assuring trades are carried out immediately. Lunar Capital is a common choice in the forex market since its MT4 offers a complete trading environment fit for new and expert traders. The Lunar Capital MT5 platform offers all of the same powerful features that the Lunar Capital MT4 has to offer, along with more trading tools and advanced capabilities. It has an additional 1000 CFDs https://lunarcapital.net/ on stocks (shares), which makes it the ideal multi-asset platform. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage.
We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks. I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it. For this reason, I prefer brokers who support digital wallet funding.
However, the circumstances in which an Lunar Capital trader should use a stop-loss order can vary depending on the specific trade and market conditions. Even if an Lunar Capital trader experiences a significant loss, they will never owe more money than what is available in their Lunar Capital account balance. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position. To open a trading account with Lunar Capital, individuals can sign up on the Lunar Capital website.
Accounts https://lunarcapital.vip/ can be opened in a great selection of currencies including USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. The Lunar Capital VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity. Another great benefit of a VPS is that you can run trading platforms 24/7 without needing your own computer switched on. I like how they have a best execution policy to provide the most favourable trading conditions to traders.