Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. Low trading fees and quality education for beginners from an industry leader. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders.
TradeCopier Platform allows automatic replication of trades from experienced traders in real-time, which is suitable for beginners, time-constrained traders, or those looking to diversify strategies. Lunar Capital provides traders with the MetaTrader 4 trading platform on various devices, including Android, iOS, Desktop, and Mac. This platform is also available on web browsers for traders who https://lunarcapital.net/ prefer not to download external apps. Lunar Capital has established itself as a global force in the online trading industry. With over a decade of experience, this broker has built a reputation for providing top-notch trading services to retail and institutional clients worldwide.
Lunar Capital Academy provides impressive educational features for smaller and less-skilled traders. The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool. A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. Traders should also consider potential third-party processing costs and currency conversion fees. Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the Lunar Capital account name. Some payment processors have geographic restrictions, but the Lunar Capital back office will only list the ones available to traders.
If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker.
Trade with Lunar Capital
Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex https://lunarcapital.vip/ broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. Lunar Capital offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options.
In this comprehensive review, you will examine into Lunar Capital’s trading platforms, diverse account types, and competitive fees, helping you make an informed decision. Additionally, you will gain insight into user experiences that can reveal potential pitfalls and advantages when choosing Lunar Capital as your trading partner. Understanding these elements is crucial for successful trading, ensuring your investments are managed with due diligence. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
MetaTrader 4
- With the Standard Account, you can enjoy the benefits of trading without having to pay any commissions.
- Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
- These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- For over a decade, Lunar Capital has positioned itself as a prominent player in the online trading industry.
Lunar Capital holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry. Inexplicably, the daily web-based “Market Insights” column was not reproduced on the research app. Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive. A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old.
Lunar Capital Trading Platforms
At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform. If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands. Lunar Capital uses standard security features to keep clients’ personal information secure, including website encryption. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money.
- Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts.
- Lunar Capital’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices.
- Clients can now trade cryptocurrencies directly on the Metatrader platform.
Lunar Capital broker Account Types
The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage. Lunar Capital lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment.
About the Editorial Team
The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. However, Lunar Capital broker’s main weaknesses are its lack of offering MT5 trading platform and higher-than-average spreads on Standard (1.6 pips), Premium (1.4 pips), and VIP (1.2 pips). With your busy lifestyle, having the ability to trade on-the-go is crucial. Lunar Capital offers mobile trading options, allowing you to stay connected to the markets and manage your trades from your smartphone or tablet.
While it provides essential functionalities for trading on the go, it does not excel in this area compared to its competitors. Traders have eight account options at Lunar Capital, where the minimum deposit is $0 for most. As mentioned earlier, Lunar Capital’s support for over 500 instruments, copy trading services through TradeCopier, and over 10k competition prizes are the main benefits of trading with this broker. Trading according to the market analysis has really helped me increase my profit, for sure Lunar Capital is really the main deal!! Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity.
Account Types
I like the trading fees in the Lunar Capital Absolute Zero account, where traders get commission-free spreads from 0.3 pips. VPS hosting exists for algorithmic traders and copy trading services are also available with a balanced asset selection and active trading community. After examining various user experiences, it’s clear that trading with Lunar Capital elicits mixed feelings among traders. While many appreciate the user-friendly interfaces and wide range of assets, some express frustration with technical issues and withdrawal delays. You might find enthusiastic comments on the trading tools offered, but it’s crucial to stay alert for potential pitfalls, especially regarding customer service interactions. For traders at Lunar Capital, spreads vary depending on the account type and market conditions.
Whether you prefer the advanced features of MetaTrader 4 or the convenience of a web-based interface, Lunar Capital has options tailored for you. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass Lunar Capital’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. I like the trading environment at Lunar Capital in the Absolute Zero account due to its competitive trading fees.