The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives. LunarCapital is a reasonable forex broker for beginners, but not the best we have tested. The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools.
With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs. With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities. LunarCapital provides a free, web-based platform that’s more advanced than most brokerage platforms. You get real-time streaming data and analysis and level II market data. Also, the layout is customizable, with over a dozen widgets available to open or close anytime.
Now, if you plan on trading cryptocurrencies long-term, that’s not an issue. However, it can still prove to be annoying, granted that many exchanges out there have much smaller requirements, a far as crypto purchases go. LunarCapital minimum deposit is a thing, however – and that minimum deposit is $100. In other words, if you’d like to trade cryptos on this platform, you’re going to have to make a LunarCapital minimum deposit of 100 bucks. They are going to depend on the cryptocurrency of your choice, but are likely to remain super-low, and mostly dependent on the blockchain. Copyright © 2025 Forex BrokeragesCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Obviously, LunarCapital isn’t your standard cryptocurrency exchange – it has a separate section for an asset and security brokerage, and also a cryptocurrency exchange part, too! The platform, however, does prove to be a great alternative for anyone who’s interested in purchasing some crypto coins for themselves. Now, I’m getting a tad bit ahead of myself, but when you’ll find yourself registering on the site, you’ll have two options to pick from – either the MT5 platform, or the cryptocurrency exchange.
Traders can withdraw funds through the same methods they used https://lunarcapital.net/ to deposit, ensuring a streamlined process. LunarCapital also allows traders to invest in cryptocurrencies such as Bitcoin, Ethereum, and other altcoins. The volatility of the cryptocurrency market presents unique trading opportunities, and the broker gives traders access to this asset class with competitive conditions. LunarCapital offers a comprehensive selection of currency pairs, including major, minor, and exotic pairs. Whether you’re looking to trade popular pairs like EUR/USD and GBP/USD or explore more niche options like USD/TRY and EUR/ZAR, the broker provides access to a broad range of currency pairs. Recognizing the importance of mobility in today’s trading environment, LunarCapital offers mobile applications compatible with both iOS and Android devices.
LunarCapital hosts regular webinars and live trading sessions, where experienced traders and market experts share their insights on the latest market trends. These sessions also provide an opportunity for traders to ask questions and engage with professional traders. Webinars cover various topics, from introductory lessons to more advanced trading strategies.
We encourage constructive feedback
Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses). The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage.
STOCK TRADING COURSES FOR BEGINNERS
- They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity.
- Webinars cover various topics, from introductory lessons to more advanced trading strategies.
- The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative.
- First of all, you’ll need to provide your full legal name again, your country of birth, and your nationality.
- Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents.
If you leave your account unused over a long period, LunarCapital will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions. All our print and online content always has been and always will be FREE OF CHARGE. Now, to finish off the review, let’s see just how difficult (or simple) the registration process to the site actually is, and how long it takes for you to be able to start trading crypto. However, if you’re already an experienced trader who wants to diversify their assets as much as possible, unfortunately, you won’t be able to do so on J2T CryptoExchange. If you’re just starting out with crypto, 5 coins might actually be just enough!
Unique Features
We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. These platforms provide traders with a range of tools and features to execute their trading strategies effectively across various markets.
LunarCapital Account Opening and Verification Guide
LunarCapital offers both investment and market speculation opportunities to its clients. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. Support is available 24/7 which stands up well against competitors we have tested. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.
- In other words, if you’d like to trade cryptos on this platform, you’re going to have to make a LunarCapital minimum deposit of 100 bucks.
- 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.
- Traders can access markets in Forex, commodities, indices, stocks, and cryptocurrencies.
- LunarCapital provides an array of educational resources aimed at helping traders of all levels improve their knowledge and trading capabilities.
- The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries.
LunarCapital fees compared to plus500 fees
Deposit fees are, admittedly, a very rare sight to see – most exchanges are void of them. Undoubtedly, fees are going to be one of the most important aspects to look into when trying to decide which crypto exchange or brokerage will suit your wants and needs the best. Coincidentally, one of the first benefits you’ll find mentioned among LunarCapital reviews are the fees available with this brokerage. We’ll start off by taking a look at some of the more-positive aspects of the brokerage, and discuss those user LunarCapital reviews that outline the best benefits and features of the platform. LunarCapital also offers Islamic accounts that comply with Sharia law. These accounts are swap-free, meaning that traders do not have to pay or receive interest on their trades.
In our assessment, LunarCapital is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. The huge range of 35,000+ instruments is a key benefit of opening an account.
LunarCapital provides an array of educational resources aimed at helping traders of all levels improve their knowledge and trading capabilities. To support traders in making informed decisions, LunarCapital offers a variety of educational and research resources. LunarCapital provides multiple channels for customer support to ensure clients receive timely assistance. LunarCapital operates under the stringent oversight of European financial regulators, ensuring a secure trading environment for its clients. The firm is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 281/15, issued on September 25, 2015.
Understanding these fees is crucial for traders to manage their costs effectively. LunarCapital offers a comprehensive selection of trading instruments, catering to a wide range of investment preferences. Clients have access to various asset classes, enabling diversified portfolio construction. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.
Whether you are just starting out or are an experienced trader looking to refine your skills, LunarCapital’s academy has something for you. Expert Advisors are automated trading systems that can be used on MetaTrader 4 and MetaTrader 5. EAs allow traders to automate their strategies, reducing the need for manual execution. These tools can monitor the markets, detect trading opportunities, and execute trades based on predefined criteria.
As always in Cyprus, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which in turn is overseen by the European Securities and Markets Authority (ESMA). LunarCapital also offers many other trading instruments on their CQG, ROX and J2XT trading platforms. To cater to its global clientele, LunarCapital offers multilingual customer support. The team is able to communicate in various languages, including English, Spanish, German, and others. This makes it easier for traders from different regions to receive help in their native language.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This website is for informational purposes only and should not be considered advice. Customer support is a crucial aspect of any Forex broker, and LunarCapital does not disappoint in this area. The broker provides various support channels to assist traders with any issues they may encounter.
