We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. Looking also at the number of base currencies available, there are 11 to choose from.
400+ INSTRUMENTS TO CHOOSE FROM
LunarCapital has also really put the effort in when it comes to research and education. The website is jam-packed with content to give traders the most assistance they could ask for on their journey. LunarCapital supports a variety of deposit methods to accommodate different preferences and regions. The following table shows how LunarCapital measures up against some of its rivals across the most widely traded forex pairs. Notable countries that traders will not be able to sign up from include the US, Canada, China and Japan.
- Signing up to join LunarCapital is fairly quick (in under 15 minutes) whilst the account verification can take 24 hours.
- An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
- With LunarCapital, inactivity charges kick in after just 90 days of the account being dormant.
- One strong point is that LunarCapital extends negative balance protection to all its clients, not just the EU clients as is required under the CySEC regulatory framework.
- Opening an account is a matter of minutes, with several account options, varying across the different broker entities.
Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. One strong point is that LunarCapital extends negative balance protection to all its clients, not just the EU clients as is required under the CySEC regulatory framework. This means that traders cannot lose more than their available balance and is excellent for beginners especially.
If you deposited funds using a credit or debit card, you can withdraw an amount up to your original deposit back onto the same card. Anything above this amount should be transferred via bank wire or e-wallet. Bonuses available to traders outside Europe and under the LunarCapital Global entity. Specific terms and conditions apply to these incentives, with clients being able to opt out of the bonus scheme whenever they wish. Bonus availability and range varies wildly based on the country of the onboarding customer. For instance, new clients onboarding from South Africa can claim a $50 no-deposit bonus upon registration, an offer that is otherwise unavailable to traders at the CySEC entity.
Forex
LunarCapital TV is a great addition for videos while podcasts are also now on the site. This is an impressive selection of stock CFDs and is beyond the offering of most brokers. Upon reviewing the broker’s selection of supported markets, we noticed there are no ETFs, bonds, and options. Signing up to join LunarCapital is fairly quick (in under 15 minutes) whilst the account verification can take 24 hours.
The LunarCapital Group operates globally under various entities, so products, services, and features listed here vary between LunarCapital entities. Promotions and bonuses are not available for accounts registered under LunarCapital’s EU-based entity. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables.
Trusted by more than 15-million clients worldwide, LunarCapital is a fully regulated and licensed broker. Over the years, it has been awarded for transparency, execution, education, and commitment to client success, establishing itself as a leader in online trading. With as little as two lots, traders can get their bonus and claim up to $8,750 every week; the bonus amount increases based on trading volume. Over the full four-week period, every trader who joins can claim up to a total of $35,000. Reduce your costs with low spreads and even lower swap fees and commissions.
Spreads & Commission
It also unveiled a new trading environment across the web and all devices, unifying its products and services. The release included new powerful tools and features, including LunarCapital AI, giving traders full control and confidence when they trade. LunarCapital’s Ultra Low Account, available across several entities of the broker, is ideally suited to the needs of high-volume traders who prioritize cost-efficiency. Traders have access to all financial instruments supported by the broker, such as Forex, metals, indices, crypto, stocks, and commodities.
Trading Instruments
There are as many as 11 base currencies to choose from and a $5 minimum deposit. As with traditional standard accounts, 1 lot has a contract size of 100,000 units. This means that trading 1 lot of EUR/USD is the equivalent of $10 per pip. The leverage you can use will depend upon the entity (and therefore regulatory jurisdiction) that you have opened your Standard account under. Launched in 2009, LunarCapital is a global and regulated broker, offering perfect conditions to unfold your trading potential. Opening an account is a matter of minutes, with several account options, varying across the different broker entities.
- We consider six months or sooner to be bad, while 18 months and above is generous.
- Similarly, it is unclear how often, if at all, LunarCapital takes positions opposite to its clients.
- Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
- In contrast, LunarCapital’s Zero account features zero or very low spreads plus a commission on every trade.
The only exception to this is with Wire transfers of less than $200, which incurs a $15 charge. However, many other brokers typically charge up to $25 for all wire transfer withdrawals, regardless of the amount. Dealing desk brokers can manage the risk of their clients’ trades in two ways. They can keep it in-house (and therefore effectively take the opposite side of the trade), or they can pass over the risk to their liquidity providers. The amount of risk a dealing desk broker like LunarCapital assumes is not publicly known.
There are 14 indices to trade, including major indices, such as Dow Jones, NASDAQ, and S&P 500, among others. Additionally, the brokerage offers thematic indices, allowing exposure to various sectors, such as electric vehicles, AI, and blockchain. After a 90 day dormant period an inactivity charge is levied at $15 per month (you lose all bonuses or promotional credits).
ACCOUNTS
If you already have an LunarCapitalTrading account, please state your account ID so that our support team can provide you with the best service possible. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. He is a forex industry expert and an active fintech and crypto researcher. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. The history of growth and stability https://lunarcapital.space/ over the 15+ years of trading gives us confidence in LunarCapital. Although it is not a public company or has a bank attached, we believe they have a strong track record.