This fee will be automatically deducted from their MT4/MT5 accounts on the first day of each month. One notable fee for less frequent traders is an inactivity fee of $15, charged once after one year of no activity. Following this, a monthly fee of $5 applies if the account remains inactive.
Lunar Capital have a good selection of trading platform video tutorials on their website to help familiarise yourself with MT4. If you are new to trading, I think MT4 is a great platform to get started with. You can open a free demo account to learn how to use the platform and practice trading online risk free, until you build enough confidence to open a live account. Lunar Capital Group is a globally established and regulated online trading broker.
An Easy Process
There https://lunarcapital.team/ is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn. Lunar Capital is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. The educational rooms are live trading rooms where clients may enter and participate to see live markets traded in real time. Most of them are open for eight hours continuously on weekdays, which is extremely impressive. Eight educational videos on a range of common Forex trading topics are also available in their relevant subsection.
You demand the best trading experience; our awards reflect our desire to provide it. We pioneered the strict no requotes, no rejections policy that established our reputation. To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second.
Does Lunar Capital Offer Low Fees?
- Sometimes I can go through hundreds before finding something that I will implement into my day trading activities.
- Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
- Lunar Capital provides a variety of account types tailored to different trading needs and experience levels, with availability depending on the regulated region.
- Lunar Capital Group offers a range of trading platforms to suit different preferences and trading styles.
- This experience combined with strict regulation and customer service in over 30 languages makes them one of the best forex brokers for traders from all different backgrounds and levels of experience.
Lunar Capital Group have a variety of fast and convenient deposit and withdrawal options. Providing options such as Skrill allows for faster transfers to and from trading accounts. Lunar Capital Group give you access to trade a wide range of more than 1000 financial instruments including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs. This is an excellent selection that I would put up there with some of the best in the industry. However, if you want even more, you could consider TMGM who have over 15,000 or Plus500 with more than 2,000 CFD instruments. This is great for those of you who are fans of auditory learning methods and perhaps less boring than reading complex trading guides.
For day traders seeking even lower spreads, the Zero account provides raw spreads from 0.0 pips with a commission of $3.50 per lot per trade. More than 14 languages are catered for through the customer support service at Lunar Capital. You can reach them no matter what time of day it may be through their live chat feature.
In fact, the deposit and withdrawal options are listed side by side on the website and a trader needs only click on “make a deposit” or “request a withdrawal” in order to make a transaction. In addition to providing personal and account details, new clients are required to verify their ID and proof of residency by way of utility bills or bank statements. Proof of ID may be verified by providing an official national identity card, passport, or driver license. Images can be uploaded for verification and response times are very quick. Lunar Capital’s Zero account also has an extremely competitive fee structure at a very low minimum required deposit. The Lunar Capital MT4 Multiterminal platform is the ideal tool for traders wanting to handle multiple MT4 account from 1 single terminal with ease with 1 Master Login and Password.
The offering is especially impressive concerning global equities, with a large amount (over 1,300) on the menu. I conclude there is a sufficiently wide range here for traders who are not particularly interested in individual stocks and shares but want to achieve reasonable diversification across major markets. Lunar Capital charges no additional fees on deposits or withdrawals except where an amount of less than $200 is moved by wire transfer. Trading individual stocks at Lunar Capital is available with competitive to average stock fees. US shares carry a commission of $0.04 per share, twice as high better-priced options, but the minimum cost of $1 per transaction ranks among the lowest.
In fact, Lunar Capital prides itself on having over 10,000,000 clients from 190 countries and over 2,400,000,000 trades executed with zero requotes, or rejections, ever. We end this section on fees by looking at incidental transaction fees, occurring through non-trading processes. The average round trip costs of trading individual stocks, soft commodities, and equity indices are average for the industry.
Clients with any account type may choose to use either MetaTrader 4 or MetaTrader 5. Both platforms are well-known, intuitive, and easy to understand, and have been around for many years. Both platforms are also very popular with the retail trading community. Some traders may wish for a deeper choice of platform that is given here, yet a big majority of traders who find themselves considering becoming customers of Lunar Capital will find the choice on offer adequate. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
DiscoverForex Trading
An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts. I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it.
Great customer service and reputation
The list of video tutorials seems endless and cover topics as basic as how to open a Forex https://lunarcapital.vip/ account to how to use a MT4 Droid pad on the Mobile Trader app. Account holders can benefit from weekly webinars in nine different languages, including Arabic, Bengali, Indonesian, Polish, and others, given by 25 expert instructors whose pictures are on the site. Lunar Capital has been in operation as a brokerage since 2009, giving it a relatively long track record. Typically, it can be said that the longer a broker has been in business, the more reputable the broker should be held to be.
- Lunar Capital Live features daily commentary presented by five hosts and seven researchers.
- A diverse range of assets exists for trading, including over 1,350 individual stocks and shares.
- Depositing and withdrawing funds with Lunar Capital is a convenient and secure process.
- You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage.
- An economic calendar also helps to keep you informed about upcoming events that can cause market volatility.
- We maintain segregated client accounts and implement strict security measures to protect your data.
Get more than a trading account at Lunar Capital
Other prominent MT5 brokers to consider who are on par with Lunar Capital include Lunar Capital. Lunar Capital Group accepts clients from all over the world, excluding the USA, Canada, Israel, and Iran. If you are from one of the restricted countries, feel free to look for an alternative broker on our compare brokers page. When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded.
The Lunar Capital Loyalty Program rewards traders with points (Lunar CapitalP) for each trade they make. It has four tiers—Executive, Gold, Diamond, and Elite—with higher tiers offering more points per trade. These points can be redeemed for trading credit, and they don’t expire. The program is designed to benefit active traders based on their trading volume. The eligible trading accounts are the micro and standard accounts only. This is a great way to get feedback from industry professionals who know what matters the most to traders.
To deposit funds and start trading, I had to complete the standard KYC procedure by submitting Proof of Identity (POI) and Proof of Residence (POR). All of the usual forms of deposit and withdrawal are available with Lunar Capital, such as Neteller Moneybookers, debit and credit cards and Skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though. The next-generation MetaTrader 5 platform with enhanced features, more timeframes, and access to a wider range of markets.
Lunar Capital does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. When accessing this website from a country in which its use may or may not be prohibited, it is the user’s responsibility to ensure that any use of the website or services adhere to local laws or regulations. Lunar Capital does not affirm that the information on its website is suitable to all jurisdictions.
Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. Looking at the Lunar Capital Zero account, the average spread for EUR/USD is 0.1 pips excluding the commission.