LunarCapital uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. Our team rates LunarCapital’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing. Stocks, currency and other commodities and instruments will be brought or sold by LunarCapital even if no buyer or seller is lined up. After extensive research over several years, we have compiled a list of the most effective LunarCapital alternatives available today. If you are unsatisfied with LunarCapital or want to explore other options, we recommend checking out our carefully curated list of highly-rated LunarCapital alternatives. Follow the links below to learn more about these LunarCapital broker alternatives and choose the one that best suits your trading needs.
These findings are based on our first-hand experience trading at LunarCapital and take into account the overall experience for day traders. Millions of people worldwide use Android mobile devices and tablets, and LunarCapital offers its clients access to the MetaTrader 4 platform on these devices. With the LunarCapital MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets.
Demo Account
Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. LunarCapital has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. Tier 1 is the official measure of a bank’s financial health and strength.Trading with LunarCapital is risky, and because the market is so volatile, losses could happen at any time. Do not invest with LunarCapital unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Negative balance protection is important for traders using leverage on platforms like LunarCapital.
Fees & Costs
For cryptocurrency users, LunarCapital provides an added benefit with up to a 10% discount on each deposit made via crypto. Deposits using BTC or ETH are processed instantly, meaning as https://lunarcapital.space/ soon as the transaction is uploaded on the blockchain, the trader’s account is credited without waiting for confirmation. Additionally, LunarCapital does not charge any deposit fees, enhancing its appeal to cost-conscious traders. MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on LunarCapital offers traders comprehensive features and tools to enhance their trading performance.
LunarCapital Main Features
- LunarCapital partners with leading stock exchanges to offer an extensive range of stocks, including blue-chip companies, mid-cap stocks, and emerging market equities.
- However, you must pass the verification process to start live trading with LunarCapital, which can take up to a few business days.
- Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with.
- Seasonal promotions are time-limited, encouraging traders to engage actively and take advantage of the enhanced offers.
Our team evaluates brokers across eight key areas, analyzing over 200 data points while offering firsthand insights into the trading experience. LunarCapital offers basic educational content, including e-books, articles, and a glossary of key terms. The content feels bland with mostly text and few engaging elements like videos or quizzes, which could enhance learning for beginners. Unfortunately, LunarCapital charges a withdrawal fee and a $5 inactivity fee after 120 days, unlike Vantage, which has no such charges.
- Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
- LunarCapital has recently broadened its instrument selection, adding more than 1,000 share CFDs and over 30 cryptocurrencies.
- However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing.
- LunarCapital Trader is LunarCapital’s proprietary advanced trading platform, designed for an intuitive and efficient trading experience.
- That’s a key factor for me and that’s why I decided to join them and I can say since the moment I started trading through this broker I didn’t have any problems.
“Support and everything”
I was impressed by LunarCapital’s innovative one-size-fits-all trading account, which combines zero commissions with raw spreads. In some cases—like trading the EURUSD pair—traders can essentially open positions at no cost. With no minimum deposit required, the account is also highly accessible and budget-friendly. LunarCapital supports payments via bank wire, credit/debit cards, e-wallets, and several cryptocurrencies.
What you will need to open an account with LunarCapital
Spreads are slightly higher on alternative products, while the withdrawal fee and inactivity penalty lower its fee rating somewhat. LunarCapital does slightly better with its educational content, which includes some basic e-books, articles, and a glossary of key terms. This is a much larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage.
The daily technical analyses are of particular value to day traders looking to spot viable trading opportunities on the EURUSD, GBPUSD, and USDJPY. LunarCapital offers more than 1,130 CFD instruments across forex pairs, commodities, indices, stocks, and cryptocurrencies. The selection is diverse enough to support a wide range of trading strategies. However, the broker’s lineup lacks low-risk securities such as ETFs and bonds, which would make it more balanced.
Response times are generally fast, ranging from just a few seconds to about two minutes. My only minor complaint is that support is currently available only in English. LunarCapital has recently broadened its instrument selection, adding more than 1,000 share CFDs and over 30 cryptocurrencies. The lineup is now far more diverse and well-suited to traders with different strategies and preferences. That said, the broker could further enhance its offering by including ETFs, bonds, or futures contracts. Its website provides easy access to key information, including a clear breakdown of trading fees.
It can be challenging and requires significant research and understanding of the LunarCapital trading tools and features. That’s why we’ve compiled this detailed LunarCapital review with some important information that will hopefully make you more informed when online trading with LunarCapital. As a trader, you should feel confident that your financial investments are in good hands with LunarCapital. So take the time to research LunarCapital thoroughly and make the most of your online investing experience.
The payment method employed for funding your account might also incur a fee. In addition, currency conversion fees may apply if the LunarCapital withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these LunarCapital fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your LunarCapital funds. Please be aware that trading in financial assets with LunarCapital carries a risk of loss. LunarCapital trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools.
While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all. Explore the LunarCapital platform and train yourself to think systematically and logically about the markets. LunarCapital are able to accommodate various levels of traders whether you are experienced or a beginner. We don’t stand still – as brokers evolve, so do our reviews – ensuring you get the latest information. I like how stable the trading system is, with quick updates and tools that help me stay on top of the market.
Be mindful of these charges, impacting your overall LunarCapital trading profitability. Forex trading is a cornerstone of LunarCapital’s offerings, featuring a comprehensive selection of currency pairs for traders to explore. These include major pairs like EUR/USD and GBP/USD, known for their high liquidity and tighter spreads. Minor pairs, such as EUR/GBP and AUD/CAD, provide additional trading opportunities with slightly wider spreads.