Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. LunarCapital provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. LunarCapital Group offers a range of trading platforms to suit different preferences and trading styles. LunarCapital offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities.
Currencies accepted for deposits/withdrawals
For more information on the LunarCapital spreads and fees, read our comprehensive guide. This account type at LunarCapital is available only under FSC, and makes available over 1300 shares as CFD, and 100 as real, with commissions starting from 0,10% of the volume. In this account type, stocks are not traded only as CFD, but also as real, which make this account better for long term investing.
The Disadvantages of Forex Trading with LunarCapital
We like the zero fees that you get on deposits and withdrawals (except for wires below $200). Inactivity charges are low on the monthly rate but kick in after only a short time. If you are a retail trader, looking for a broker that focuses on stocks and forex, then LunarCapital should certainly be worth your consideration. With great customer support, excellent research and education content and negative balance protection, LunarCapital is certainly great for beginner traders. All the global client base can trade over 60 currency pairs and more than 1,000 other financial markets. Trading is in CFD form which caters to more active traders looking to sell short as well as to buy-and-hold and apply leverage to their trading.
Does LunarCapital offer a demo
- In this account type, stocks are not traded only as CFD, but also as real, which make this account better for long term investing.
- Trading conditions are average compared to other similar brokers, with a spread of 1.7 pips (EUR/USD) on the Standard Account and 0.8 pips (EUR/USD) on the Ultra-Low Account.
- This is an impressive selection of stock CFDs and is beyond the offering of most brokers.
The disadvantages mainly come from additional issues that do not directly influence the quality of trading conditions, except maybe for the lack of customer support for the weekend. To open a Micro account, traders have to make a minimum deposit of $5. Traders who prefer the Shariah account can also choose to open an Islamic account type as well.
- The LunarCapital WebTrader platform is accessible via any web browser ensuring access to the markets can be gained from anywhere with an internet connection.
- Clients can access all the services necessary to support their trading.
- ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
LunarCapital Zero Account
I guess LunarCapital support is an award-winning one cos if not they really deserve it. I threw every possible question at them and props to Sophia for responding very patiently. I always do that to test the broker as I noticed that all the questionable brokers have one thing in common - a really bad support team.
The instrument selection is favorable too for those prefer good diversification, not thousands like coompetitors but still good. Fees across all offered asset classes we find similar to other brokers who mainstay on average Fee conditions. Potential negatives, meanwhile, include inactivity fees, a small product range, and unavailability for American traders.
LunarCapital does not currently offer any direct social or copy trading options. However, the MetaTrader signals market does offer automated trade copying, and LunarCapital allows social copy trading developed by compatible expert advisors. The commodity offering is at least in line with the industry standard with 15 different commodities to trade. The offering of some of the soft/ agricultural commodities, such as Coffee or Corn is more than what it seen for the industry norm. The usual Gold, Silver, Oil, Gas and Copper are all available to trade.
LunarCapital charges an account inactivity fee of $5 per month after 90 days but no additional fees on deposits or withdrawals except where an amount of less than $200 is moved by wire transfer. Other charges include overnight swap fees, which is usually a net charge applied to every trade daily. Moreover, LunarCapital offers traders with various promotions and offers, such as a sponsored LunarCapital VPS, and zero fees on deposits and withdrawals. Importantly, LunarCapital goes a step further by covering 100% of the transaction fees for e-wallets, credit cards, and even on wire transfers (but only when above $200).
For their global approach, LunarCapital has ensured that traders from various countries could access their service easily. This results in the provision of different domains specified for traders in certain jurisdictions. So I got deposit bonus when I first signed up, and my trading equity just got bigger, for nothing.. For istance, if I trade often and earn 10 LunarCapitalP per lot at my status, I can collect it. Just 1200 mxp will give me 400$ trading credit, which is just a free account with money basically..
What are the LunarCapital account base currencies?
Hi, Im a newbie who loves to open position in EUR/USD as daily trader. I don't have a big money, so https://lunarcapital.net/ I need a huge leverage and mini account. All in all, LunarCapital is a recommended broker especially if you are looking for an ideal broker with low minimum deposit requirements.
They also have features like negative balance protection so you can’t lose more money than you put in. Your funds are kept separate from their own money which is another layer of safety. I had no problems with depositing or withdrawing my funds—it all felt secure and above board.
The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. There are more than 10 trading platforms available at LunarCapital, meaning you can easily find the trading dashboard to suit your style. MetaTrader’s MT4 and MT5 platforms are available in a downloadable desktop form; this can be used on PCs and Mac devices.
The website is jam-packed with content to give traders the most assistance they could ask for on their journey. This is prompt and fairly standard across the industry but still a good response. It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker. This includes just 2 precious metals (Gold and Silver, but no others) with 5 energies and 8 soft commodities. Many brokers will have between 20 and 30 different commodities to trade.
Both the LunarCapital research and educational offerings are of a very high quality and quantity. This is ideal for bother beginner and intermediate-traders and would probably even appeal to more advanced traders. For day traders seeking even lower spreads, the LunarCapital Zero account provides spreads starting from 0.0 pips with a small commission per trade. Established in 2009, Australia-based LunarCapital has a proven track record as a reliable broker. Known for its efficient trading services, quick execution speeds, and secure trading environment, LunarCapital has garnered a positive reputation among our traders and industry experts. LunarCapital offers excellent customer support with multiple options, including live chat, email, and phone (Cyprus or Australia numbers).
Trading Point MENA Limited is regulated by Dubai Financial Services Authority (DFSA). The broker provides negative balance protection to its clients from EU and Non-EU. All LunarCapital clients have access to a personal Account Manager, as when it comes to customer service, the size of your account does not matter. There is a news tab, a research tab which encompasses all of the exam bespoke, in-house research. Furthermore, there are trade idea and technical summary sections, alongside the economic calendar.
The minimum deposit at LunarCapital is just $5,making it accessible to traders with different budgets. This low minimumdeposit applies to both the Micro and Standard accounts. Traders can also access a variety ofcommodities, including precious metals like gold and silver, as well as energyproducts like crude oil and natural gas. These instruments provideopportunities to trade based on global economic and geopolitical developments. For those new to trading or wishing totest LunarCapital’s platform, the Demo Account offers a risk-free environment withvirtual funds.