Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment.
- Lunar Capital received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
- Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone.
- Lunar Capital is a reasonable forex broker for beginners, but not the best we have tested.
- It seriously complicates navigation, especially if you need to quickly find specific information, such as account terms and conditions or commissions.
- If you’re planning on being an active trader, Lunar Capital’s rates simply can’t be beat.
- Lunar Capital’s commission structure may beattractive to cost-conscious traders.
Lunar Capital Broker Trading Platforms and Apps
This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace.
There are no strict restrictions; you can trade either manually or with the help of advisors. Overnight funding fees and other transaction charges, require detailed understanding on the Lunar Capital platform. Doing so will help you know how the fees work and how to apply them. Lunar Capital positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. Asktraders is a free website that is supported by our advertising partners.
For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy. Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones.
Withdrawal methods
Our partners cannot influence our reviews, nor can they pay us to bias our rankings. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes. Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group. Importantly, forex can be traded via contracts https://lunarcapital.vip/ for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses).
- With this in mind, Lunar Capital isn’t the best forex broker for new traders in our view.
- On the other hand, traders are charged commissions starting from 3 USD per lot.
- However, beginning traders frequently report needing to supplement with third-party educational resources to compensate for this gap.
- Lunar Capital supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller.
- Money is available for trading immediately after the payment, depending on the input method.
- The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs.
Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. A professional team of specialists working in 7 languages helps traders resolve issues. Lunar Capital has a safety score of 8.5/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes. Lunar Capital is a good broker, where you can safely make profits with minimal risks. If they hadn’t withdrawn my funds, I would have already ran to another broker.
Is Lunar Capital Regulated?
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Learning can be paid or free, and clients can select individual programs. There is free access to remote education content such as video courses, articles, webinars, A.
The views expressed here are based solely on the writer’s opinion, research, and personal experience, and should not be taken as factual information. The author is not a financial advisor and lacks relevant certifications in that regard. Lunar Capital clients can buy and sell futures contracts on a mobile platform called iBROKER. Real-time quotes are available, and so are charts with technical studies.
Lunar Capital Broker Spreads and Commissions
ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making https://lunarcapital.team/ any trading related decision, contact a local professional financial advisor. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
Traders should carefully review these before participating in any promotional offers. We will make sure to update our articles with the latest offerings of the broker. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference.
Regulation and deposit protection
Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. For beginners or those wishing to test out the broker’s services, Lunar Capital provides a demo account.
Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2. Looking at the negatives, Lunar Capital scores poorly when it comes to education, reducing its suitability for beginners.
The broker offers remote and in-person learning, as well as video seminars and classes via Skype. Lunar Capital provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards. Lunar Capital is a reliable broker with the TU Overall Score of 7.29 out of 10. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines.
