Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. LunarCapital has established itself as a trusted broker in the forex and CFD trading industry, regulated by top-tier authorities such as the FCA, CySEC, and FSCA.
Types of LunarCapital popular accounts
So, you cannot lose more than your deposits in case the price goes against you by a lot in extremely volatile conditions. LunarCapital provides robust trading platforms including MetaTrader 4, MetaTrader 5, and a proprietary copy trading platform, covering a broad spectrum of trader needs. Be aware however that its proprietary platform only supports copy trading; LunarCapital does not support a web app for trading beyond the MetaTrader suite. Despite minor drawbacks such as higher spreads on stock CFDs and occasional lag in the app, LunarCapital’s overall value proposition remains robust. Whether you’re a beginner looking for an easy-to-use platform or an active trader seeking tight spreads and low costs, LunarCapital provides the tools and reliability needed to succeed.
We have found their support to be good in comparison to other brokers, and they are available via live chat, email & whatsapp number. Plus500 was founded in 2008, and we consider them to be safe for South African traders as they are regulated with 2 top-tier regulators & are also a publicly listed company. They also charge do not charge any inactivity fees or deposit & withdrawal fees. So, overall, during active trading hours, the charge for trading EUR/USD (major pair) is around 8 USD per Standard Lot on average at LunarCapital. The customer support at Exness is fair, we did not find it to be the best because of slow & delayed response time. Exness’s chat support is available 24 hours for 5 days in a week, but it is only available to logged in users.
They are regulated with top-tier regulators including FCA (UK), ASIC (Australia) & CySEC. LunarCapital supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both industry-standard platforms known for reliability, advanced charting tools, automated trading, and multi-device compatibility. This account type offers a range of benefits that aim to enhance trading performance and profitability. It offers raw, super-tight spreads directly from leading liquidity providers with no hidden markups or commissions. LunarCapital’s Cent Account is specifically designed for traders new to the forex market or those looking to test new trading strategies with minimal risk.
- We found that LunarCapital offers an excellent range of trading tools, including Autochartist, a free VPS service, and a set of Premium Trading Tools.
- Our Hotforex review also discovered that this broker is perfect for beginners, as they offer an excellent LunarCapital demo account.
- The LunarCapital standard account, called LunarCapital Premium Account, charges spreads from 1.4 pips.
- But the commission if you choose cTrader is $6 per lot, instead of $7/lot with MetaTrader Raw spread account.
- You will be asked to “choose your base currency” (you can select from USD, EUR or NGN).
What financial markets can I trade with LunarCapital?
- Generally, this method is easiest to use, faster & with lowest fees.
- Also, LunarCapital offer negative balance protection with all their trading accounts.
- Even when dealing with FSCA licensed broker, you should validate the license type that has been acquired by the broker.
- Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
The platforms give access to six different kinds of accounts if you count the demo account as well, and these accounts vary in price depending on the account a user is operating. A full Metatrader suite on HF Markets is loaded with choice tool packages for their customers. These tools are known as premium trader tools, made to improve users’ experience on the platform. HF Markets is known for its genuineness and the company got more than 30 awards. It does not require a minimum deposit and offers a range of payment methods, although it lacks active trader discounts.
The exact commission rate may vary depending on the trading instrument, account type, and trading volume. An LunarCapital affiliate account allows individuals or organizations to partner with LunarCapital and earn commissions by referring clients to the broker. You usually need a trading account with them to participate in bonuses and promotions.
Almost all brokers add this information at the bottom section on their websites or their about pages. LunarCapital reviews For our research, we use multiple metrics to check whether the broker is trusted or a scam. In our criteria, the most important factor is the regulation of broker with FSCA & other tier-1 regulators FCA & ASIC.
When you make a small deposit, they manipulate the market till you blow your account. I started well but since first blow they’re manipulating the market, almost like they red flagged my account. LunarCapital customer support staff is very helpful and can be contacted easily via Live Chat Support, Email or by calling at their local South African phone number. They offer MetaTrader4 (MT4)and Meta Trader5 (MT5) trading terminals which are as good a platform as any other (maybe the best).
DMA Capitals – NDB Trading Account
But some users have complained about issues with their withdrawals at Exness & high currency conversion charges for local withdrawals (see our cons below). LunarCapital’s Pro Plus account is designed specifically for experienced traders seeking superior trading conditions. It offers a combination of ultra-low spreads, high leverage, and a swap-free environment.
LunarCapital Premium Pro Account
As soon as the account was opened and he deposited the fund for a premium account using a VISA card. He recommends using wire transfer for more significant amounts of deposit. One lovely fact about a wire transfer is that it will pay the transfer fee for any transaction done via wire transfer. This option can be used when the fund to be deposited is above $250. HF Markets offers the trading platform MetaTrader in version 4 or 5. This platform is multifunctional and offered by many other brokers.
The Zero account provides traders access to all LunarCapital trading instruments globally, with a minimum trade size of 0.01 lot. A nine-member team provides additional market commentary and analytics. I value the LunarCapital investment made using AI and big data to help clients navigate financial markets, especially with more than 500 CFD assets available to trade. I like the range of products LunarCapital provides, starting with the 12-plugin upgrade for MT4/MT5.
Does LunarCapital offer an Islamic account?
Known for its competitive LunarCapital fees , diverse asset offerings, and advanced LunarCapital trading platform , this broker appeals to both novice traders https://lunarcapital.net/ and experienced professionals. Whether you’re a first-time trader or a seasoned pro, LunarCapital offers a range of trading accounts with varied starting deposits, spreads, leverage options, and execution features. From cent-based beginners to raw-spread professionals, there’s an account for everyone.
LunarCapital Broker Review
But the spread with Raw Account is very competitive, it is on average 0.3 pips (plus $5 commission per standard lot on Forex). They also offer CFD trading on Gold, popular indices like NASDAQ, and 20 Crypto CFDs at competitive fees. With Raw spread accounts, the spread is as low as 0.1 pips (plus $5-6 commission per Standard Lot depending on your platform, which can be MetaTrader or cTrader) for most CFD instruments. With Standard account too, the spread is competitive, around 0.62 pips on average for EUR/USD are per our benchmark check.
