It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. Jeff Anberg is a Senior Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
Copy Trading & Investment Options Offered on Lunar Capital Broker
Trading via mobile apps enables you to keep your finger on the pulse of market fluctuations and execute trades at your convenience. You’ll appreciate features like real-time notifications and charting tools directly on your device, which can help you make quick and informed decisions regardless of your location. For over a decade, Lunar Capital has positioned itself as a prominent player in the online trading industry. Founded in 2010, the company has attracted a large user base by providing innovative trading solutions and access to various markets.
Additional Features
You can explore a comprehensive Lunar Capital Review 2024 | The Good & Bad Uncovered for a deeper insight. Knowing the various account types available can help you select the best option that aligns with your trading strategy. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with Lunar Capital please share your personal review of the broker and what you think are strong and weak points. Tempting trading conditionsHowever, my attention to Lunar Capital was captivated by its outstanding reputation with traders.
- This average customer rating is based on 21 Lunar Capital customer reviews submitted by our visitors.
- Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change.
- Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations.
- I also love how cost-effective this platform is, the broker has beginners in mind.
- All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department.
With an average recommendation, it provides essential trading tools and a variety of tradeable instruments but does not stand out significantly from its competitors. Traders can open an Lunar Capital account via the online application form, which follows well-established industry standards. It asks for name, e-mail, phone number, country of residence and knowledge and experience. The application also asks traders to select their account type, base currency, followed by the desired password for the back office.
Lunar Capital Review
I also love how cost-effective this platform is, the broker has beginners in mind. The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.
Does Lunar Capital Offer Negative Balance Protection?
Remember, while Lunar Capital strives to process all transactions quickly, external factors like bank processing times can affect the speed of withdrawals. It’s always a good idea to plan and allow for potential delays, especially when using bank transfers. Background information on Lunar Capital reveals a complex regulatory landscape. Although the firm operates under different licenses across jurisdictions, your safety as a trader should remain a priority. Understanding the regulatory framework that surrounds Lunar Capital is crucial when considering them for your trading activities.
- This account type features spreads starting from 1.3 pips, making it suitable for both beginners and experienced 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.
- To ensure a smooth trading experience, robust customer support is crucial.
- Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies.
- Understanding these elements is crucial for successful trading, ensuring your investments are managed with due diligence.
Money managers can also benefit from a personal multi-account manager (PMAM) that allows trading of multiple Metatrader accounts. Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform. Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts.
We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
They do offer a Mirror account, but that’s a hedging tool, not a social trading interface. The broker’s account diversity is impressive, with https://lunarcapital.team/ a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules. They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program. They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products. Earlier in 2018, Lunar Capital announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. Processing times depend on the geographic location and the payment processors, which Lunar Capital lists as between one and ten business days.
There are no internal deposit or withdrawal fees, except for traders who request a https://lunarcapital.vip/ withdrawal without placing a trade, which carries a 3% fee. To ensure a smooth trading experience, robust customer support is crucial. Lunar Capital provides multiple channels for assistance, including live chat, email, and phone support. However, you may encounter long wait times during peak hours, so it’s advisable to reach out during less busy periods for faster responses.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. The broker charges an inactivity fee and requires a minimum deposit, but it also offers discounts for active traders. The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08.
While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. Lunar Capital opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa.
Mobile trading apps at Lunar Capital
If you have traded with Lunar Capital we would really like to know about your experience – please submit your own review. Compare the markets and instruments offered by Lunar Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Traders must ensure they execute risk management to avoid magnified losses. Lunar Capital offers negative balance protection, meaning traders can never lose more than their deposits. The Lunar Capital group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection.
