CFD trading on LunarCapital allows traders to speculate on the price movements of various financial instruments against the broker LunarCapital, without actually owning real assets. With CFDs, LunarCapital traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset. It’s important to note that LunarCapital requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps LunarCapital maintain a trustworthy financial environment for its 10,000,000 users. Detailed information on the LunarCapital trading platforms is available on their website. LunarCapital provides traders with a modern custom platform that can be accessed through a browser-based web application.
Currencies accepted for deposits/withdrawals
LunarCapital is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of LunarCapital going into insolvency. LunarCapital compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like LunarCapital to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for LunarCapital traders.
- LunarCapital offers a range of MT4 and MT5 platforms for both Windows and Mac Operating Systems which gives traders unrestricted access to all platforms.
- Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
- You cannot change your trading currency once you have selected it on LunarCapital.
- A diverse range of assets exists for trading, including over 1,350 individual stocks and shares.
- We end this section on fees by looking at incidental transaction fees, occurring through non-trading processes.
- They were founded in 2009 & are one of the largest forex brokers in world in terms of daily trading volume, and have close to 2.5 million clients globally.
MetaTrader 5 (MT
DayTrading.com may receive compensation from the brands or services mentioned on this website. The broker’s professional approach to addressing client concerns and facilitating smooth deposit and withdrawal processes further solidifies its credibility. 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 $5 applies if the account remains inactive.
Forex Risk Disclaimer
Though not uncommon among forex brokers, Pepperstone is not available in the U.S. It also offers a relatively low number of tradable symbols and lacks trading in non-CFD shares, ETFs, and cryptocurrency. More than half the companies we reviewed charge inactivity fees, and AvaTrade is one of them. In addition, the company falls a bit short with its below average offering of just 1,000 tradable assets and 55 forex pairs. As IC Markets is geared to high-frequency, algorithmic currency traders, it offers a low-latency fiber optic connection to the Equinix NY4 server.
Professional traders might prefer the Advantage Plus Account, which offers spreads starting at 0.1 pips directly from the interbank market. The minimum deposit of 5$ allows you to open an account without the need to deposit a big amount of money. The option for a micro account is a great opportunity to test in real environments different strategies and expert advisors. This is also a great way to see how the broker works in realtime, what is the execution, what is the slippage, what are the real spreads. Also, this allows you to check what is the support, deposit withdrawal process, etc.
Customer Service
By creating a LunarCapital practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the LunarCapital demo account can help individuals to make informed decisions before investing their money. LunarCapital MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.You should upgrade the iOS MetaTrader 5 app regularly.
- If you’re looking for a broker with reliable email support, LunarCapital is worth considering.
- Their asset coverage is limited to forex and CFDs, although the range of CFDs is sufficient.
- Pepperstone goes above and beyond in its range of tradable instruments, providing CFDs on exotic currency pairs, ETFs, and currency indices, which are unavailable at many competing brokers.
- LunarCapital Group (LunarCapital Global & LunarCapital Forex) are the trading brand names for Trading Point of Financial Instruments, a company started in 2009 to offer online forex and commodities trading.
We aim to help traders in South Africa find the best forex brokers. The choice is between the industry-standard MT4 platform and next-gen trading platforms like MT5. The 2 platforms differ in terms of trading spreads and commissions, trade execution, and other features. Further, a USD 100 minimum deposit condition was required for this account.
LunarCapital Fees Explained
Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Yes, based on your detected country of CZ, you can open an account with this broker. We https://lunarcapital.net/ reached out through both the chat service and WhatsApp multiple times, and each time received responses within a minute. LunarCapital has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry. LunarCapital offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices.
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Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Miroslav Georgiev is Senior Risk Executive with 20+ years of professional wide-ranging experience in multinational forex companies. Take part in Global setup and development of Forex and CFD being an active part of the Business Team. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing.
The market is continually evolving, marked by periodic surges and declines in volatility. For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT5. The LunarCapital MT4 and MT5 apps are also available for Android and iOS devices, giving traders the ability to trade on the go. No, LunarCapital does not have VIX or Volatility 75 Index on their platform at this moment. LunarCapital has NASDAQ or NAS100 CFD instrument which is listed as US100 on their platform. This means no swap and/or rollover interest is charged or gained on overnight positions.
Some brokers also demonstrated their platforms live via videoconferencing, and our experts conducted hands-on testing with live accounts to further validate the platforms’ functionality and user experience. This comprehensive approach allows us to present an unbiased, detailed review of today’s best forex brokers. CMC Markets has mastered the art of combining third-party and superior proprietary platforms to deliver a powerful mix of features. These include intuitive navigation, robust portfolio and risk management capabilities, deep research, easy-to-digest education, and complex trading tools to support investors and traders of all levels. In addition to its cost benefits, XTB provides a comprehensive trading platform that caters to both beginners and experienced traders. The xStation 5 platform is user-friendly, packed with advanced charting tools, and supports a wide range of technical indicators.
Bonuses are very nice, the ones I got first was without me even trading or making a depo, they just added it to me no questions asked. Turns out, they can be used only on standard account, which has higher spreads, quite a bit higher. But I did some math, and its still 100% worth getting bonuses, at least if you are not trading with millions. It works quite good and it has all the assets ,and the tools necessary for effective trading. Only thing is that sometimes it fails to load quick and bugs on the chat, but that is rare and doesnt really interfere with my overall trading.
LunarCapital unfortunately cannot accept clients from the residents of certain countries, such as the United States of America, Canada, Israel and Iran. LunarCapital Global also provides direct share trading in addition to the previously mentioned assets. LunarCapital offers Forex, Stock CFDs, Turbo Stocks, Commodities, Indices (Equity and Currency), Energies (Cash and Futures CFDs), Precious Metals (Spot and Futures CFDs), Thematic Indices and Crypto CFDs.