Clients can choose between standard, premium and https://lunarcapital.net/ VIP floating spread accounts or the zero fixed account for zero spread compatible trading. Spreads start from 1.8 pips, 1.6 pips, 1.4 pips and 0.0 pips, respectively, and only the zero fixed account is subject to commission. Forex is the most popular trading instrument, with trillions of pounds worth of currency traded every day. LunarCapital offers 120 currency pairs to its users, with major, minor and exotic markets well covered. Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape.
Is There An LunarCapital Margin Calulator?
Some payment processors have geographic restrictions, but the LunarCapital back office will only list the ones available to traders. LunarCapital gives you the opportunity to access one of largest and most liquid markets across the globe. In just a few steps, you enter the world of Forex and CFDs and you may start trading more than 500 instruments on an advanced trading platform. Test your strategies and enjoy an unmatched experience in a user-friendly portal.
- Join the conversation and discover insights that can help you navigate the exciting world of currency trading.
- Trading is offered on multiple assets, including commodities, indices, metals, futures, shares, and over 80 Forex pairs, a larger range than is typically seen at other brokers.
- MT4 and MT5 provide all the necessary tools, resources and flexibility needed for traders to explore their favorite markets on the go or on their desktop computers.
- Other brokers ensure that their traders have access to the leading trading platforms MT4 or MT5.
Trade Metals
- LunarCapital offers a range of account options for retail investors, including Fixed Accounts, VIP Accounts, and Demo Accounts.
- Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels.
- The final trading cost to consider at LunarCapital is the swap rate charged on positions held overnight.
- The leverage ratios offered may vary depending on the account type and regulatory restrictions.
LunarCapital supports two execution models and a range of account options – four instant execution accounts and three market execution accounts. The broker should consider releasing metatrader 5 platform to provide us with more charting and analytical tools more advanced. Alongside advanced functionality, ultra-fast execution and a user-friendly interface, MT4 is the ultimate choice for online forex trading. It may take time to process withdrawals, some traders have mentioned that LunarCapital is slower than other brokers. The trading platforms used by LunarCapital include MetaTrader 4, Multi-Account Manager for PC, and WebTrader 4, with the latter two being just variations of MT4.
Join the conversation and discover insights that can help you navigate the exciting world of currency trading. Explore the best Forex brokers for beginners in the UK with user-friendly platforms, educational resources, and demo accounts. Each demo account imitates actual trading conditions and comes loaded with 100,000 of the base currency of your choosing. Demo accounts expire after three weeks of inactivity and cannot be reactivated. Most other brokers have demo accounts that don’t expire, so this is an unusual move on the part of the broker. Platform support is limited to MT4, but LunarCapital offers an upgraded package labeled MT4 Advanced, which transforms MT4 into a state-of-the-art trading terminal.
Is LunarCapital regulated by any financial authorities?
LunarCapital also offers a Demo Account, and in the past a Cashback Account, which unfortunately is no longer available. LunarCapital received numerous awards for various aspects of its competitive trading environment. However it’s important to note that this review focuses specifically on LunarCapital offered by Notesco Limited and registered in Bermuda. While a withdrawal request may be processed within a couple of days, it may take longer for the amount to appear in your account.
With this in mind, the broker offers a risk-free demo account for clients to try out strategies, learn new markets and test EAs. LunarCapital offers a range of account funding and deposit methods, including local bank transfers, debit cards/credit cards, Bitcoin payments, and various eWallets. Deposits are free on all funding methods and are processed within 24 hours, which is around the industry average. However, it takes 48 hours on average for LunarCapital to process withdrawals, which is longer than most other brokers.
Deposits & Withdrawals
While CySEC regulates the LunarCapital global brokerage arm, UK clients will be pleased to learn that the highly respected FCA oversees the domestic operations. This additional regulation may have been instrumental in the withdrawal issues only affecting non-UK traders. For traders that cannot pay interest due to their religious beliefs, LunarCapital provides a swap-free Islamic account.
Customer support is available 24/5, in 30 different languages to support clients from over 180 countries in Europe, Asia, the Middle East, Africa, and Latin America. Overall, although LunarCapital offers a wide range of informative video content, the materials generally lack substance and are not well-structured. Compared to other similar brokers, LunarCapital’s account opening process is fast, generally hassle-free, and fully digital. We suggest you read LunarCapital’s risk disclosure, customer agreement, and terms of business before you start trading. Have been with it for few years, and sure it lacks some features, but in that same time all the ‘hype’ brokers disappeared. It’s been a wonderful one year trading here and it’s always felt very peaceful and smooth.
LunarCapital supports sixteen spot and eight futures indices markets from major global, US and EU exchanges. Three e-mini futures instruments are available, allowing investors to speculate in smaller amounts than is standard. LunarCapital offers the standard out-of-the-box MT4 platform together with an upgraded package labeled MT4 Advanced. As LunarCapital only offers MT4, on mobile as well as desktop, the mobile trading experience is limited compared to other brokers. Traders should note that LunarCapital does not publish the list of deposit and withdrawal methods it supports – one has to register an account to find this information.
This account type can be suitable for traders who prefer transparency in their trading costs. Yes, LunarCapital provides leverage options to traders, allowing them to trade with larger positions using a smaller amount of capital. The leverage ratios offered may vary depending on the account type and regulatory restrictions. The broker offers a variety of well-documented account types with different spread schedules and fee structures, allowing traders to choose the one that suits their needs. The company’s customer-centric model offers top trading functionalities to retail and institutional customers through its platforms combined with the widest suite of products at the best pricing and execution.
What are the account types offered by LunarCapital?
Additionally, traders can take their own customised version of the platform with them should they decide to migrate to another broker. In line with the strict regulatory environment under which LunarCapital operates, all client funds are kept segregated from operational accounts and all European traders will have negative balance protection. As LunarCapital operates instant execution accounts, there remains the potential for conflict of interest; but the availability of market execution accounts should satisfy any concerned traders. UK residents will be trading under the subsidiary, Notesco Ltd (UK), authorised and regulated by the FCA in the United Kingdom. Known as one of the strictest regulators in the world, the FCA ensures that brokers segregate all client funds, offer clients negative balance protection and that brokers regularly submit externally audited statements.
There are 5 VIP tailored account types to choose from offering premium financial services limited to. Iron Fx strives towards maintaining itself the first choice of traders for online trading company, at a global level. LunarCapital asset trading hours are generally 24/5 for forex pairs and most CFDs. However, indices and stocks are only accessible during the opening hours of their respective exchanges.
About the Editorial Team
Further to that the company works only with international banking institutions, maintains segregated customer accounts and is member of the Investor Compensation Fund. 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. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. As a large international forex broker, LunarCapital offers a variety of support resources. You can find instructions for using the MetaTrader 4 platform on LunarCapital as well as numerous outside resources.
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