Given a minimal initial commitment of just $5, LunarCapital appeals especially to beginners. Through MetaTrader 4 and 5, the platform offers easy-to-use interfaces; additional exceptionally well-designed and performed educational tools like webinars and market analysis round out this aspect. For both new and seasoned traders, LunarCapital is a good option because it offers affordable costs, first-rate customer service, and strong instructional tools combined.
Execution quality
Traders can access these videos at any time and learn at their own pace. We are aware of some negative reviews regarding spread widening and larger-than-expected slippage. Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges. Given LunarCapital’s broad global presence, traders should be mindful of these potential risks.
Get more than a trading account at LunarCapital
- LunarCapital is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources.
- Lastly, LunarCapital offers a conducive environment for inexperienced traders to grow their abilities and confidence in the market by including negative balance protection and 24/7 multilingual customer assistance.
- Besides, the offering is user-friendly and LunarCapital has one of the lowest deposit requirements among the industry, LunarCapital the account can be opened regardless of a net of capital with only 5$.
- For both new and experienced traders trying to maximize their trading techniques, LunarCapital’s MT5 platform combines usefulness and user-friendliness.
- In line with anti-money laundering regulations, the withdrawal method has to be the same as the deposit method in which the account was funded.
Everyone who chooses LunarCapital has the same opportunity to pursue their investment goals. LunarCapital provides a variety of account types tailored to different trading needs and experience levels, with availability depending on the regulated region. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise.
Best FX Customer Service.
With great customer support, excellent research and education content and negative balance protection, LunarCapital is certainly great for beginner traders. Both the LunarCapital research and educational offerings are of a very high quality and quantity. This is ideal for bother beginner and intermediate-traders and would probably even appeal to more advanced traders. The “Tradepedia” education section has 39 videos which are divided down into seven sections. They introduce the beginner trader to the markets, to fundamental analysis, psychology and money management. There is also a more advanced section with more complex and technical analysis, trading strategies, tools and signals.
- LunarCapital does not provide ETFs or options; hence some investors may have less opportunities if prefered.
- We are aware of some negative reviews regarding spread widening and larger-than-expected slippage.
- The only costs are the spread, which starts at 0.1 pip for the major FX pairs and the swap for holding overnight positions.
- These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder.
- Traders can attend these sessions in real-time and interact with the presenters to get their questions answered.
Many brokers will have between 20 and 30 different commodities to trade. This is an impressive selection of stock CFDs and is beyond the offering of most brokers. The mobile versions of MT4 and MT5 translate extremely well from the desktop versions, also allowing excellent interaction between devices. The 3 chart types and 30 technical indicators of MT4 migrate well, whilst there is also push notifications for trading alerts. On the home page of the website, LunarCapital claim to have 16 platforms available. However, drilling a little deeper and you will see in reality that they only offer platforms based around MetaTrader4 (MT4) and MetaTrader5 (MT5).
Desktop platforms
Expert Advisors (EAs) supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), arming traders with superior charting tools, technical indicators, and automated trading powers. Beneficial in rapidly moving markets, the platform features a one-click trading capability that lets trades be quickly executed. The LunarCapital Loyalty Program rewards traders with points (LunarCapitalP) for each trade they make.
LunarCapital Trading platforms
To suit different trading tastes, the broker provides over 1,000 trading products, including stock CFDs, precious metals, and 55 currency pairs. LunarCapital stands out as a trusted platform, offering a secure trading environment backed by its status and conditions favorble to trading preferences, flexibility of platforms and available extra features. Users of both Android and iOS devices can enjoy flawless trading with the LunarCapital MobileTrader app.
Certain account types may limit which base currencies can be selected. Enhance your trading experience with the world’s https://lunarcapital.net/ most popular platform and LunarCapital’s industry leading execution. Start trading on one of the best multi-asset platforms in the industry and leverage the power of a global broker. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. This includes just 2 precious metals (Gold and Silver, but no others) with 5 energies and 8 soft commodities.
Calculating values such as pip values, margins, and profits can be time-consuming and complex, but fortunately, LunarCapital Global has made the process easier with its collection of forex calculators. However, some users have complained about slow and unclear withdrawal processes, occasional platform issues during volatile markets, and confusing bonus terms that might not be easy to use. These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder. Additionally, there are live trading education sessions, video tutorials, and platform guides for both beginner and advanced traders. There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts.
As seen in the table below, LunarCapital Global offers a range of account types with varying features and benefits. Whether you are a beginner or an experienced trader, there is an account type that will suit your trading needs. Founded in 2009, LunarCapital has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs. The platform is primarily designed to support traders ranging from beginners to intermediate levels. LunarCapital provides access to over 1,200 financial instruments, including forex pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms. LunarCapital is a broker with a great reputation and numerous regulations and a very wide range of trading instruments which we mark as its main benefits.
Whereas with the Zero account, there is no spread and instead ZM charges a commission on every trade. To help facilitate the customer service that LunarCapital offers its clients from around the world, it claims to have support in over 30 languages. All LunarCapital clients have access to a personal Account Manager, as when it comes to customer service, the size of your account does not matter. From the market overview page, it is possible to have a quick snapshot of what is happening right now in the markets, what is it is easy to navigate from here to look at the various aspects of research provided by exam.
This could be better if LunarCapital had Financial Conduct Authority (FCA) regulation then clients would be protected up to £85,000. The ASIC regulation is top-tier and means that LunarCapital needs to run a responsible, ethical and professional company to service its clients. This is prompt and fairly standard across the industry but still a good response. If you are a trader that comes under the LunarCapital Global entity (Belize regulation) you can have a Shares Account which means that you can trade the underlying company shares (ie. not just the CFDs).
One strong plus is that LunarCapital extends negative balance protection to all its clients, not just the EU clients that it is required to by law. This means that traders cannot lose more money than they put into their account and is excellent for beginners especially. For traders outside Europe and under the LunarCapital Global entity, there are bonuses available. Given the demo account has an unlimited duration, this is one way of persuading traders onto the live platform. Despite this, MT4 is considered the industry benchmark for platforms and is very popular with retail clients, especially beginners. Brokers that are offering stock CFDs are now also pushing clients on to MT5 (an upgrade on MT4) as stocks are not available on MT4.