Lunar Capital Review: Should They Be Your Forex Broker?

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Their demo account is a masterstroke, offering a robust training ground for those looking to hone their strategies without financial risks. Lunar Capital recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions. CQG Trading Platform has been inoperation for more than 35 years.

We will make sure to update our articles with the latest offerings of the broker. By offering a wide selection of instruments, traders can diversify their holdings and capitalize on potential gains across various sectors and asset categories. I took a chance on Lunar Capital after a friend recommended them (so far I’m glad I did). I was looking to dip into IPOs without needing a huge capital layout, this was one of the few brokers I found letting you in with $1000.

Broker Regulation

• Another direct access provider is CQG, which allows exposure to over 40 world exchanges and combines futures and options trading.
• You could use profit calculator tools to predict a trade’s profitability and outcome based on commissions.
• The demo account enables you to review the orders made and displays market performance and current portfolio as well.
• Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
• As the financial realm continues to evolve, so does the need for superior trading tools.

Lunar Capital enables the client’s capital management by investing in stocks of many global companies that get traded on NYSE, BATS, etc. One of the common electronic payment networks in the United States. After establishing an ACH relationship between the Lunar Capital and the person’s bank account, fund transfers get facilitated. Wire transfer, OFX transfer, ACH transfer help in the funding of a Lunar Capital account.

National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. A demo account is available to people with the Lunar Capital+ and Sterling Trader Pro. Lunar Capital+ is a browser-based platform that has some powerful features which are similar to level II data. Other platforms for trading include Sterling Trader Pro, which has option tools and shows real-time market data as well. Each account type offers unique features tailored to different trading needs, ensuring that traders can find the most suitable conditions for their style and experience level.

Details regarding futures trading fees are subject to verification, and potential traders should consult Lunar Capital’s official platform for accurate, real-time information. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Lunar Capital is a front-runner among the diverse online brokerages on the market.

TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. It’s important to note that bonuses and promotions often have specific time limits and conditions. Traders should carefully review these before participating in any promotional offers.

• However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
• Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds.
• Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders.
• It not only has a speed-graded infrastructure for trading but also facilitates the order execution speed to the maximum.
• They both get used to their vast customer-supportive designs and excellent functionalities.
• Verification can help ensure real people are writing the reviews you read on Trustpilot.

Company details

These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot. Lunar Capital doesn’t charge withdrawal fees, but external payment providers may have their fee structures. 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. Lightspeed Trader is a platform designedfor professional traders who prioritize reliable market data, extremely lowlatency, and high performance. Based on the user experience, the following rating and reviews are provided.

Investment in Asset Classes or Markets by Lunar Capital

Although going with the name, it has fewer features, and it’s useful for someone trading from charts. 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.

MetaTrader 5 Global

It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association. To have access to trading accounts, Lunar Capital’s mobile applications, Lunar Capital+, and Lunar Capital pro offer pin and fingerprint protection. Transfer of funds through this account takes two to three dates (approximately). They require a holding period of five days before the availability of trading control is provided. This browser-based platform has some powerful features which are similar to level II data. With customizable charts and real-time data streaming, it is browser-based.

It gives traders access to more than 40global exchanges and the assets that are traded on them. Clients of Lunar Capitalmostly use CQG to trade options and futures. While the base desktop version ofthe CQG platform is free, additional features or upgrades may incurcharges. To use the CQG platform,Lunar Capital requires at least a $3,000 account balance. The Central Bank of the Russian Federation (Bank of Russia) was founded on July 13, 1990, on the basis of the Russian Republic Bank of the State Bank of the USSR. Lunar Capital is an experienced broker that provides a wide variety of services, products, and trading platforms.

And yep, ofcourse there’s a fee (4%), which I initially thought was steep, but after comparing it with couple of other brokers, it’s actually reasonable. Execution’s quick and the demo-to-live account transition is painless. I’ve tested a few different brokers over the years, and for the price, Lunar Capital is legit.

Written by the company

MetaTrader 4, whichfocuses mostly on forex trading, is compatible with Lunar Capital’s Standard,Forex ECN, and Forex ECN Pro accounts. It offers market and limits orders on close and the time duration for days or extended hours. The demo account enables you to review the orders made and displays market performance and current portfolio as well. Lunar Capital presents a broad market area comprising of a plethora of trading instruments, which includes stocks, ETFs, futures options, futures, bonds, and mutual funds as well. It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal.

However, those craving advanced features might yearn for more than what the broker offers. In other words, Lunar Capital is for the pragmatic trader seeking simplicity and efficiency. Overall, Lunar Capital is an appealingchoice for traders looking for a reputable broker with a diverse asset rangeand several platform options.

Lunar Capital offers a larger selection oftrading platforms than many other online brokers. Their six platforms includethe widely used MetaTrader 4 and MetaTrader 5. They also offer the CQG TradingPlatform, ROX Premium, Sterling Trader Pro, and the Lightspeed Trader platform. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.

They come with better functionality and are easy to use and access. Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently. All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. It’s crucial to recognize that online reviews reflect personal opinions and may not capture the full spectrum of client experiences. Traders should view these reviews as one aspect of their comprehensive assessment of Lunar Capital. While Lunar Capital advertises 24/7 support, some users have reported occasional delays in response times.

Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity https://lunarcapital.net/ in decision-making. Lunar Capital doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions. With its regulatory oversight, Lunar Capital offers an additional layer of security to its clientele.