For this reason, the indicator is used to assess the French economy. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. 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. Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro.
With J2T you can trade forex, stocks, futures, cryptocurrencies, Eurobonds and even participate in US IPOs. Like some of its major competitors, Lunar Capital aims to educate its users through various learning resources. However, while Lunar Capital has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages. With its regulatory oversight, Lunar Capital offers an additional layer of security to its clientele.
On the downside, our research has revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA). The discount broker is also a member of the Securities Investor Protection Corporation https://lunarcapital.net/ (SIPC) that insures the investor funds deposited with Lunar Capital for up to $500,000.
As the financial realm continues to evolve, so does the need for superior trading tools. Lunar Capital’s platform unfurls a tapestry of innovative features tailored to empower traders. By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement.
They offer a few account types withdiffering market access, fees, and commissions. However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs.
The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. MetaTrader5 -MetaTrader 5 is a multi-asset trading platformsupporting stocks, futures, forex, and CFDs. It offers single-window trading,advanced charting tools, and a depth of market feature. MetaTrader 5 is offeredwith Lunar Capital’s MT5 Global account and can be used as a desktop, mobile, orweb app.
So, before diving into Lunar Capital’s offerings, evaluate the platform based on your goals and preferences. Lunar Capital doesn’t charge withdrawal fees, but external payment providers may have their fee structures. Details regarding futures trading fees are subject to verification, and potential traders should consult Lunar Capital’s official platform for accurate, real-time information.
Lunar Capital offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types. In conclusion, Lunar Capital presents a comprehensive trading environment with a broad spectrum of instruments, platforms, and account types. Its regulatory compliance and client-centric features make it a viable option for traders at all levels.
When moving money to Lunar Capital there may be a currency conversion fee for Lunar Capital clients if the base currency of your payment method differs from the base currency of you Lunar Capital account. Traders looking at Lunar Capital, who want access to more advanced trading features may be required to make higher minimum deposits. The additional trading features from Lunar Capital or from more premium trading accounts may help a traders investment strategy. If these premium trading features are not requires trading accounts with lower or no min deposit requirements may be sufficient. Check to see how Lunar Capital compares with other brokers in terms of trading features and minimum deposits. Lunar Capital’s commission structure may beattractive to cost-conscious traders.
However, we are disappointed to find that there are fees for depositing in ECN accounts, the amount of which varies depending on the method you use. There are also withdrawal fees with this account, reducing its appeal. We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.
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. The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage. Also, similar to the copy trading service, there is no guarantee you will make a profit.
MetaTrader 4 is offered with Lunar Capital’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. Lunar Capital is a financial services provider operating globally and the broker is regulated in Cyprus.
Lunar Capital doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions. Lunar Capital supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller. Funding is immediate for most methods, with the exception of wiretransfers. Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes.
The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. On a more positive note, our tests show that withdrawal times are in line with competitors, varying between payment methods with e-wallets being instant and bank wires taking up to 5 days. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge.
Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. They have mobile-optimized charts, multiple order types and facilitate one-click trading. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. In our assessment, Lunar Capital is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds.
Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. Lunar Capital provides multiple channels for customer support to ensure clients receive timely assistance. Support is available 24/7 which stands up well against competitors we have tested.
