65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. One major benefit of trading with Lunar Capital is its wide range of educational features. Most of these are discussed above, but the site also offers a live classroom environment and a video tutorial library. So anybody looking to develop in-depth learning will have their needs met on this site.
- Lunar Capital in the UK is regulated by the Financial Conduct Authority, while their subsidiary companies in Australia and South Africa are regulated by authorities in their own countries.
- Profitability ultimately depends on the trader’s abilities and the wider market environment.
- Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
- We consider Lunar Capital an excellent broker – it is overseen by tier-one regulators, has a strong industry presence, and offers tight spreads on forex pairs.
- The knowledge base features video tutorials as well as traditional written content.
- As well as priority support, market depth is stronger with multiple levels of liquidity at each price, offering useful information for high-frequency traders.
To prevent this from happening, you either have to place a new trade, maintain an existing trade or close your account. While not a deal breaker, there is an inactivity fee charged to dormant accounts after 12 months of inactivity. The fee is up to 50 units of the currency your account is denominated in or the balance of your account, depending on which is less. Yes, based on your detected country of NL, you can open an account with this broker. If you have experience trading with Lunar Capital please share your personal review of the broker and what you think are strong and weak points.
The list includes big hitters like Bitcoin but also some smaller tokens like Tezos, and although it is not the widest selection of cryptocurrencies, it does provide decent scope. The minimum deposit for a live account is 50 of https://lunarcapital.vip/ the account’s base currency, which is relatively low and attainable for both beginner and more experienced traders. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), Lunar Capital delivers a reliable, feature-rich mobile experience for forex traders.
Additional Features
No matter one’s experience or sophistication level, Trading Station is often the preferred choice among active traders. Lunar Capital offers leveraged trading on CFDs and forex, allowing traders to take advantage of small market movements. On a lighter note, many traders will appreciate the 20+ crypto CFDs, traded in USD, EUR, GBP and AUD pairs.
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Moreover, I rate the forex baskets on offer, covering the US Dollar and Japanese Yen. Lunar Capital trails many brokers when it comes to the breadth of forex pairs, with around 40 assets available. This is significantly less than the 80+ at Forex.com or 300+ at CMC Markets. Lunar Capital is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. All content on this site is for informational purposes only and does not constitute financial advice.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
- Likewise, search “Trading Station” on your phone’s apps store to get the mobile platform.
- With its global presence, award-winning customer service, and wide range of products and services, Lunar Capital is the perfect partner for any trader.
It is great to see the course topics divided https://lunarcapital.net/ into sections according to traders’ skill levels, making them easy for the appropriate levels to access, and I am happy with the range of recorded materials available. They serve as valuable resources for traders looking to make informed trading decisions and, in my opinion, stack up well against the analysis provided by similar brokers. These insights and summaries can be accessed through the Lunar Capital website, trading platforms, or through specialized research tools provided by Lunar Capital. Lunar Capital also offers 14 indices, covering major global markets and exchanges including US, European, British, Japanese and more as well as the VIX volatility index. The ZuluTrade peer to peer (P2P) auto trading platform is also offered on site, allowing you to autotrade based on signals issued by your selected traders.
Yes, Lunar Capital is regulated by several financial authorities, including the FCA in the UK, ASIC in Australia, the CySEC in Europe, and the FSCA in South Africa. Lunar Capital (Forex Capital Markets) is a well-established and globally recognized forex and CFD broker. Note that the regulated branches will not offer promotional schemes due to regulatory restrictions. The broker’s commodity list includes gold and silver as well as energies and a few soft commodities, while the Euro-Bund Futures Index is also available to trade.
Trading Station Web 3.0 offers an incredible trading experience, with an intuitive user interface and powerful features to keep you trading at your best. It has a fresh modern look and a cleaner user interface, along with exciting new features that make this our best web-based platform yet. If you are looking for a reliable and trustworthy forex broker, Lunar Capital is the perfect choice. With its global presence, award-winning customer service, and wide range of products and services, Lunar Capital is the perfect partner for any trader. However, success in forex trading depends on various factors such as market conditions, trading strategies, risk management, and individual trading skills.
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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). Finally, some of Lunar Capital’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content.
Is Lunar Capital A Regulated Forex Broker?
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). Lunar Capital’s pricing for forex trading is slightly higher than the industry average.
Founded in 1999, Lunar Capital has grown to become one of the leading providers of online trading services in the industry. There is also a rebate program that allows cash rebates depending on the volume you trade, which is a perk for active traders. Lunar Capital offers analyst insights and market summaries to provide traders with valuable research. The wide selection of powerful trading platforms is one of the biggest selling points of Lunar Capital for me. These include the brand’s proprietary Trading Station as well as the popular MetaTrader 4, TradingView, and Capitalise.ai. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You can also access hundreds of different free apps to inform your trading strategies from the Lunar Capital catalogue. Live traders can access real-time updates and alerts to inform their trading, while the Lunar Capital analytics offers a great deal of insight and analysis into trading habits. The Trading Station Mobile platform lets retail traders quickly and easily access the forex market. Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices.
The simulator also offers features like customizable trade sizes, various order types, and real-time charting tools to enhance the trading experience. With that said, most retail traders will only regularly trade a small selection of currency pairs. For that reason, I don’t mark brokers like Lunar Capital too harshly for the more limited offering – as long as your preferred pairs are on the list, you should be fine. As well as priority support, market depth is stronger with multiple levels of liquidity at each price, offering useful information for high-frequency traders. Their live Demo account offers $20,000 of dummy capital for trading (also available in other currencies, if preferred), so you can experience all the fun of 24-hour trading, five days of the week. You can choose which platform you want to use for Demo trading, and all the education and tools available to regular traders can also be utilised.
When testing the in-house platform, I was struck by its ease of use and intuitive design. Both analysis and trades can take place directly from the chart with a few clicks, and the handy sidebar makes it very easy to cycle through tradeable assets. These amounts are the absolute maximum leverage on offer, but they may vary according to the asset traded, with more volatile assets generally providing lower amounts of leverage. All in all, I think the asset classes offer broad coverage that most traders will get a lot out of, but Lunar Capital’s instrument list lacks depth, especially in its range of stocks.