LunarCapital has solid trading platforms and competitive commission fees. Over the years, it has gained the trust of over 1 55,000 clients across https://lunarcapital.net/ the world. It provides a competitive price and a plethora of trading tools to its day traders and investors. Opening an account with the broker is a quick and easy process with a short online registration form to complete.
LunarCapital have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based. With trading platforms compatible with Windows and Mac desktops, LunarCapital ensures non-mobile traders have a comprehensive trading experience in the desktop environment.
LunarCapital fees compared to plus500 fees
- LunarCapital guarantees that the information provided is safe and secured, and it is protected when the details are sent to the site as well.
- The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances.
- Automated clearing houses deposits are free and so are withdrawals.
- Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer.
- LunarCapital offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans.
They offer direct access to the markets with competitive commissions, reliable execution and maximum liquidity from their liquidity providers (LPs). Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips. These are really top trading conditions that put them up there with industry leaders such as Pepperstone.
After 100,000 contracts in a month, the broker charges just 50¢ per option. That said, if you are trading that kind of volume, you may prefer a broker that caters specifically to options traders, like TastyWorks. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff.
Markets
- It’s not packed with complicated features, making it less daunting for beginners.
- Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs.
- There are various factors to consider when making a decision, but the safest brokers are well-regulated ones.
In essence, LunarCapital has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify LunarCapital’s reputation in the financial trading space. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. Overnight funding fees and other transaction charges, require detailed understanding on the LunarCapital platform. Doing so will help you know how the fees work and how to apply them.
Seamless Financial Transactions
Hence, protecting the consumer leverage ratio is way smaller than Forex offered before. It should be mentioned that during the registration process, we experienced technical issues. Which is why the registration process gets a low rating from us. Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide. Besides, LunarCapital is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF). So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly.
They also ensure traders get a straightforward trading environment. The first platform I took for a test drive was LunarCapital +. This is browser-based, but nevertheless incorporates some powerful features. There is also a trade ticket, which offers market and limit orders on close.
Best Trading Brokers
Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. LunarCapital has over 155,000 clients from over 130 countries. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. Our review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments. These are drawn from virtually every market within the finance and securities industry including stocks, indices, currencies, and commodities.
There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets. LunarCapital ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support.
But we also like to teach you what’s beneath the Foundation of the stock market. Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. Additionally, LunarCapital offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app.
They both get used to their vast customer-supportive designs and excellent functionalities. It is a reputed, award-winning platform for trading that allows trade executions at reasonable prices. LunarCapital has one of the lowest commission rates in the trading industry. All the above are broker-assisted plans and also include an additional fee of $20 per trade. In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA).
This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Match any two of these requirements to qualify as a professional client. Using free market research of LunarCapital’s experienced analyst team, clients get the opportunity to create their own investment strategies.
After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the LunarCapital account team, you can then fund your account and commence trading. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance. Spreads on this account type start from 0.5 pips with no commission charged. LunarCapital is a globally renowned online securities trader that best describes itself as a deep discount brokerage house.
No fee is leviable in building such an association, neither any action linked to ACH deposit, withdrawal, activation requires any fund. Owning to work being paperless, postage charges, too, are not charged. LunarCapital requests four different platforms, which include MetaTrader4 and MetaTrader5, CQG, and ROX. Two out of these named MetaTrader 4 and 5 are well-known because they are most used by the traders.
Comparing LunarCapital fees with other brokers
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. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. There are no minimum deposit or withdrawal limits for bank wire transfers.
The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. For better security, two-factor authentication is available. The desktop trading platform makes use of images, pins, and phrases for better security of the user and its information. As discussed already, the minimum balance for keeping an account open is $100.