LunarCapital offers a choice of 300+ trading instruments, Forex, commodities, indices, shares, and futures. I like the selection of 84 currency pairs, which ensures that Forex traders have a broad choice of trading instruments, complemented by 30 commodities, 150 stocks, 30 futures contracts, and 30 equity indices. Equity traders get a selection of blue-chip stocks listed in the US, the UK, and the Eurozone, where Czech companies pleasantly surprised me. I am missing ETFs and cryptocurrencies, but the range of assets at LunarCapital suits most retail traders and is excellent for Forex traders. 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.
Traders can easily log in using their existing account credentials, place trades, and manage their portfolios directly through the intuitive and user-friendly LunarCapital mobile app. After registering with LunarCapital, traders receive login credentials for MetaTrader 4, enabling them to link their brokerage account directly to MT4 and start trading seamlessly. We are unwavering in our dedication to furnishing our clientele with groundbreaking products, acting as catalysts in realizing their trading aspirations. Our commitment is anchored in fostering a vibrant and adaptive environment, laden with all essential tools pivotal for a comprehensive trading experience. Internal processing times are within 24 hours, but the final transaction time depends on the payment processor and the geographical location of traders.
Navigate the Markets with Assurance on Our Premier Platforms
We are unwavering in our commitment to foster a transparent and unparalleled trading ambiance for our global clientele, enabling them to unlock and harness their inherent trading prowess. We strive to be more than just a broker; we seek to be a companion in your trading journey, ensuring every step you take is grounded in confidence, sophistication, and transparency. The secure LunarCapital client portal handles all financial transactions for verified clients. LunarCapital is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029.
It also includes CFDs on a wide variety of futures, a popular medium for hedging or speculation. Once you feel you have enough knowledge and understanding ofthe markets, it is time to get a feel for the software and learn how to use thestandard trading platform, MT4. LunarCapitaloffers you the choice of multiple platforms depending on your style of trading.
Customer Support Test
Based offshore in Seychelles, the broker is regulated by the local Financial Services Authority Seychelles (FSA Seychelles). However, Seychelles-based regulatory approvals tend to be easier to obtain compared to more rigorous authorities such as the FCA (UK) or ASIC (Australia). Traders should, therefore, approach this broker with careful consideration. Traders must submit their name, e-mail, country of residence, mobile number, and date of birth. It also includes the account selection process, which I find convenient.
- LunarCapital’s competitive edge is sharpened by its low spreads starting from 1.1 pips and the absence of commission charges, thus rendering trading with LunarCapital as exceedingly cost-effective.
- Most deposit and withdrawal requests are processed by LunarCapital within 24 hours.
- My overall impression of LunarCapital is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders.
Deposit and Withdrawal
- Here, we’ll delve into LunarCapital’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms.
- The minimum position sizes start from 0.01 which is great if you want to get a feel for trading in a live trading environment with minimal risk.
- Forex trading can be quite difficult at the beginning butregistering with a trusted broker such as LunarCapital will help you get startedwith confidence and gain valuable forex trading insights.
- They have everything that you need to get quick and easy access to the financial markets.
- With a deep liquidity pool in futures trading, traders can take large positions without worrying about slippage.
My tests indicate that LunarCapital’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading. 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.
The Cents account type, for example, breaks down the trading account’s capital into cents instead of dollars. As such, a $100 investment would yield a size of 10,000 in the Cents account. This designation helps keep risk small for beginning traders while granting them a platform to gain experience. With so many resources, starting from the very basics tomore advanced subjects on technical analysis, traders have all they need tolearn trading with LunarCapital. LunarCapital’smultilingual support team and account managers are always ready to help withtrading queries or anything you need regarding your account. One of the first steps of building a strong tradingfoundation is finding the best broker who can assist you with trading and offersome good educational resources.
Markets
As a distinguished online broker, LunarCapital stands as your reliable partner for navigating through global financial markets, offering an unparalleled array of stocks, indices, metals, commodities, and futures. LunarCapital ascends as a leader in the trading domain by catering precisely to what traders seek. We unveil a diverse spectrum of financial instruments, platforms, and account types, optimizing convenience in your trading endeavors. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, LunarCapital caters to the needs of both beginners and seasoned professionals. A trading platform acts as a pivotal software conduit enabling traders and investors to interact with global markets through brokers or other financial intermediaries. The diversity in trading platforms is extensive, ranging from desktop-based online platforms to mobile app variants.
LunarCapital’s Swaps
Simply choose the account that is best suited to your skill, knowledge, experience and trading goals. Excellent client support is on hand 24/5 to help you as and when needed. The Privilege account offers all the features of Standard and Premium accounts. The main difference is in the spreads, with an average spread of 1.1 pips.
Why is Choosing the Right Account Type Important?
Beginner traders get three eBooks, numerous webinars, and a video library with short but well-constructed content. It includes three videos on trading psychology, which are excellent, as it remains the primary topic beginners must master. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. Therefore, the Cent account with a small deposit may be a better option for learning how to trade. We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
The swap or rollover fee refers to additional charges that can be incurred overnight when traders leave trading positions open. The fee is applied by the broker so traders can continue holding a leveraged position after active market trading hours. On the other hand, LunarCapital does not offer any alternative trading platforms and does not incorporate any third-party tools.
Yes, LunarCapital has a low minimum deposit requirement, allows micro-lot trading and fractional share dealing, has a Cent account, and has quality educational content, making it a good choice for beginners. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. LunarCapital presents clients with one regulated entity and maintains a secure trading environment. LunarCapital offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders.
It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action. I found out that the live spreads listed on the website correlate https://lunarcapital.net/ to the actual price quotes on the platform, underpinning LunarCapital’s high level of fee transparency.
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.