However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone. Feel free to ask questions of other members of our trading community. We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for.
Platforms & Apps
In this LunarCapital review, we’ll cover their platform, what they do, and pricing. This broker is a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company in 2015. Retirement accounts accepted are traditional, Roth, rollover, and SEP IRAs. As for entities, LunarCapital offers Corporate, Limited Liability, Partnership, and Sole Proprietorship accounts. The laudable support system is multi-channelled across live chat, email, and phone communication.
Seamless Financial Transactions
Before making financial investment decisions, do consult your financial advisor. J2T CryptoExchange is a certified brokerage platform – it has certifications in the EU, UK, and USA. This simply means that the platform follows all of the necessary security and data protection guidelines, and that it is trusted in the aforementioned regions. Naturally, though, this is true assuming that LunarCapital supports that specific cryptocurrency (we’ll get to that in a minute). These are usually used as the deciding factor when it comes to judging a crypto exchange, at least fee-wise. Crypto exchange fees are usually segmented into three different parts.
How To Make A Deposit
It offers competitive spreads and flexible leverage, making it suitable for beginners and intermediate traders. With this account, traders can access a wide range of instruments and trading platforms, including MT4 and MT5. For beginners, LunarCapital presents an accessible entry into the world of trading. The platform’s user-friendly interfaces, coupled with a variety of educational resources, aim to simplify the complexities of financial markets. Additionally, the availability of demo accounts allows new traders to practice and build confidence without risking real capital.
- LunarCapital offers a wide variety of trading instruments across several asset classes.
- We have members that come from all walks of life and from all over the world.
- For example, the Standard account offers a reduced list of metals and CFDs in addition to forex.
LunarCapital is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability.
And under the categories of “stocks,” “options,” “futures,” and “apps,” LunarCapital lists the ideal platforms. You may fund the account via ACH, wire transfer, or account transfer. In this LunarCapital review, let’s look at their fees and https://lunarcapital.net/ commissions. Furthermore, stocks and options are priced according to two different plans.
The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. And while the choice of instruments is great with LunarCapital, the broker also offers access to an impressive number of trading platforms, with five platforms to choose from. As usual, this includes the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, but also lesser-known platforms like CQG, ROX, and the crypto-based proprietary platform J2TX. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person.
These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners. Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone. With this in mind, LunarCapital isn’t the best forex broker for new traders in our view.
Mobile trading is supported through dedicated apps for iOS and Android devices. One of the better, albeit less-known cryptocurrency exchange and asset brokerage alternatives. J2T CryptoExchange proves to be a great place to start investing, in general, since it offers a wide range of different assets for you to tinker with and, evidently, purchase.
LunarCapital offers mobile applications for both MT4 and MT5, allowing traders to manage their accounts and execute trades from anywhere. These mobile apps are packed with features such as real-time charts, account management tools, and market news. They provide the flexibility to make trading decisions on the go, without compromising on functionality. For those who prefer not to download software or wish to trade directly from their browser, LunarCapital offers WebTrader. While it might not have all the bells and whistles of MT4 or MT5, WebTrader is an excellent option for traders who need a quick, easy, and lightweight trading experience.
My experience with LunarCapital is very…
- LunarCapital provides several powerful trading platforms to accommodate different trading preferences, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader.
- While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world.
- At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations.
- LunarCapital offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts.
- MT5 supports a wider range of trading instruments, such as stocks, commodities, and indices, making it an ideal choice for traders who wish to diversify their portfolios.
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. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.
Steering Through The Financial Waters with Expertise
Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies. There is a range of asset management solutions for those who wish to invest their funds in global financial markets, with full control over their investment portfolio. You will find that LunarCapital have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders.
The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. LunarCapital is a European online brokerage firm that has been serving clients since 2016.
Our review shows LunarCapital scores less favorably when it comes to withdrawals. Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported. 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.
MT4 is available for both desktop and mobile devices, making it highly accessible for traders on the go. LunarCapital is one of the few brokers that can offer access to trading a wide range of asset classes, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. LunarCapital offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.
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. For investors who want to trade on the go, LunarCapital provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere.
The broker also offers technical analysis tools such as charting software, indicators, and drawing tools. Together, these tools give traders the ability to analyze markets in-depth and formulate informed strategies. The minimum amount required is USD 100/EUR 100 and users pay a commission only for results. This can be a possible solution for those of you who do not have the time or knowledge to trade.