While the minimum spread in the zero accounts is 0.0 pips, the broker also charges a commission of up to $7 per round trip on trading stocks and currencies. All other features stay the same as offered in the Standard account. Except for a zero-spread account, the broker doesn’t charge a commission from clients. When traders with an LunarCapital Zero account to enter or exit a position, LunarCapital deducts a commission fee from their account. The company uses transactional volume to determine the commission rate.
However, it should be noted that LunarCapital reserves the right to require adequate justification to open such an account. This may include providing documents or other evidence confirming the client’s religious beliefs. LunarCapital is an international Forex and CFD broker regulated by reputable organizations such as ASIC (Australia), CySEC (Cyprus), and FSC (Belize).
- The LunarCapital VPS service is provided on favorable terms as part of a promotion.
- The broker includes negative balance protection, which prevents clients from losing more than their account balance.
- Our broker reviews are reader supported and we may receive payment when you click on a partner site.
- I find that the experience gotten here is that of a well-balanced one.
LunarCapital.com’s Place in Today’s Forex Trading Landscape
LunarCapital’s educational content is extensive and varied, providing all the necessary tools for successful trading in the financial markets. LunarCapital provides its clients with comprehensive analytical tools and resources that can be useful for both novices and experienced traders. The diversity of markets and products makes LunarCapital appealing to traders of various levels and interests, offering flexibility and opportunities for different trading strategies.
Order Types at LunarCapital
The holder solely does account funding; third-party payments are not accepted. For electronic payment systems, the minimum deposit amount is 5 US dollars. LunarCapital offers a unique loyalty program that allows traders to earn bonus points (LunarCapitalP), which can be exchanged for credit bonuses.
Im just shorting things, especially against USD, and seems to be working these months. LunarCapital accepts clients from all over the world except United States of America, Canada, Israel and the Islamic Republic of Iran. The account opening process with LunarCapital is relatively quick and painless. You can expect to get your account open and ready on the same day that you begin the account opening process. Clients only need to navigate through a couple of web screens where they submit a few details and choose the type of account they want to sign up for.
Yes, LunarCapital offers a demo account that allows traders to practice and familiarize themselves with the platform without risking real money. In order to help their clients make the most of LunarCapital’s trade execution, the broker provides free VPS services. While trading at LunarCapital, clients don’t have to worry about computer malfunction, power outages, or slow internet connectivity. Clients with an account balance of at least $5,000 (or its foreign currency equivalent) are entitled to request for free Virtual Private Server (VPS). Unfortunately, LunarCapital doesn’t hold a good reputation among clients on Trustpilot.
Commission Structure
I guess LunarCapital support is an award-winning one cos if not they really deserve it. I threw every possible question at them and props to Sophia for responding very patiently. I always do that to test the broker as I noticed that all the questionable brokers have one thing in common – a really bad support team. I have some issues with the pricing especially at Standard account but when it comes to client-orientedness LunarCapital is arguably the best in the business. I can risking same and it mean I will risk less my money, it’s good because now I have bigger capital and I am pretty happy.
This feature looks the same as offered via LunarCapital’s desktop trading platform. Clients can trade major forex pairs such as the EUR/USD with a spread from 1.6 pips. On the other hand, the minimum spread to trade precious metals like Gold is 25 pips. These platforms combine to offer a versatile and powerful trading experience, suitable for all types of traders. LunarCapital.com, a renowned name in the Forex and CFD trading world, provides a robust platform with extensive features catering to traders of all levels. This review delves into LunarCapital.com’s offerings, highlighting its strengths, areas for improvement, and overall suitability for different trading styles.
Is LunarCapital suitable for spread betting?
- They’re available 24/5, so I’ve always been able to reach out during market hours, no matter my time zone.
- Since third-party payments are not accepted, you must fund your account using the payment source that matches your name.
- These instruments give traders insightful analysis and enhance their capacity for making decisions, therefore empowering them.
- Across is Standard and Micro accounts, LunarCapital looks to make money on the trading spread rather than charge commissions.
All support interactions are handled in real time by human agents for quicker and more personal assistance. No, as of now, there’s no beginner content, platform walkthroughs, or structured guidance for new traders. The platform is currently more suited to experienced users who already understand how to navigate MT5. Until then, Trade247 will likely appeal more to experienced traders who don’t need to learn to trade from scratch.
If you have deposited via a credit/debit card then the withdrawal back onto the card can cover the deposit amount. Anything above this amount can then be transferred via bank wire or e-wallet for the remaining transfer of funds. For traders outside Europe and under the LunarCapital Global entity, there are bonuses available.
During peak market hours, wait times might increase slightly, but LunarCapital generally has a reputation for quick, professional responses. LunarCapital’s Loyalty Program allows traders to earn LunarCapital Points (LunarCapitalP) for every lot traded. Traders can redeem these points for credit bonuses or other benefits. Additionally, high-volume traders can qualify for a free VPS, which is especially beneficial for algorithmic traders needing minimal downtime and fast execution speeds. The Shares Account allows traders to buy and sell real stocks or share CFDs from various global exchanges. For traders seeking a more comprehensive platform with advanced features, MT5 can be a better choice.
Both platforms are well-known, intuitive, and easy to understand, and have been around for many years. Both platforms are also very popular with the retail trading community. 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 LunarCapital will find the choice on offer adequate. It can be said that these levels of spreads and commissions are competitive for depositors of relatively low amounts. The minimum deposit required to open a Standard Account is only $5, so for traders depositing only a few hundred dollars or https://lunarcapital.net/ less, these fees will certainly be competitive.
One of LunarCapital’s strengths is its fast and hassle-free deposit and withdrawal processes. They offer multiple payment methods to ensure global accessibility. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl. It is very easy to convince interested to give this broker a look. Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account.
These platforms are known for their comprehensive charting capabilities, technical indicators, and expert advisors (EAs). When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded.
