LightspeedTrader – Lightspeed Trader is designed forprofessional traders who prioritize real-time market data, low latencyexecution, and advanced order types. ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting. It also offers connectivity to key exchanges in Canada, Mexico, andEurope. MetaTrader 4 is offered with Lunar Capital’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. Lunar Capital has solid trading platforms and competitive commission fees.
Is Lunar Capital A Regulated Forex Broker?
If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option. If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. Lunar Capital is a regulated online broker offering a wide range of products, services, accounts and trading platforms. They provide global traders with competitive trading conditions and fees. Lunar Capital is an online trading platform that provides access to various financial products, including stocks, options, ETFs, and mutual funds. It is known for offering low-cost trading and a wide range of tools for both beginners and advanced traders.
- The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures.
- Other fees to be aware of are the swap fees that are charged on positions held overnight.
- This can be an excellent way to improve your knowledge of the markets and your trading strategy.
- I needed to determine the type of trader I’d be before choosing the right broker.
The FIX API is an electronic communications protocol that was developed for the real-time exchange of trade-related information. It is commonly used by professional traders and allows you to avoid the use of intermediation software. It provides direct access to the market with your own programs.
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These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot. However, traders should pay attention to potential charges by individual payment channels. The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. Details regarding futures trading fees are subject to verification, and potential traders should consult Lunar Capital’s official platform for accurate, real-time information. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor.
Each day we have several live streamers showing you the ropes, and talking the community though the action. First, I needed an honest, realistic, and affordable education in the stock market. I needed to determine the type of trader I’d be before choosing the right broker. Additionally, Lunar Capital offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders. The Lunar Capital minimum deposit amount to open an account is $100.
Trust and safety remain paramount for investors in the complex world of finance. Importantly, during our tests, the live chat was quick and easy to use with responses in less than a minute and email responses within 24 hours. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes. Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro. It is worth noting that Lunar Capital has a margin call of 100% and a stop-out level that is triggered when your account falls below 50% of the required margin.
The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. With that said, traders should be aware that the available instruments vary depending on the account you have. For example, the Standard account offers a reduced list of metals and CFDs in addition to forex.
- Like some of its major competitors, Lunar Capital aims to educate its users through various learning resources.
- I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems.
- The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative.
- These platforms provide traders with a range of trading tools and features to execute their trading strategies effectively across various markets.
Lunar Capital Online Ltd
With low rates and a suite of platforms, Lunar Capital aims to meet the needs of various traders. The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Tenants in Common (JTIC)s, which offers custodial and trust accounts. As the financial realm continues to evolve, so does the need for superior trading tools. Lunar Capital’s platform unfurls a tapestry of innovative features tailored to empower traders. With trading platforms compatible with Windows and Mac desktops, Lunar Capital ensures non-mobile traders have a comprehensive trading experience in the desktop environment.
However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500. And for https://lunarcapital.net/ a pattern day-trading account, no surprise here, the minimum is $25,000.
The Forex Standard account offers commission-free trading with spreads from 0.5 pips. This is noticeably tighter than the variable spread accounts at the majority of brokerages. Our testing shows that Lunar Capital offers lower fees than most forex brokers, especially in its premium accounts. Looking at the negatives, Lunar Capital scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.
They also offer traders the chance to find out if the broker suits their strategy before committing funds. You will find that Lunar Capital have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders. They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms. I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions. However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly.
Sterling Trader® Pro
Additionally, the broker charges withdrawal fees which vary depending on the method you choose. Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. Lunar Capital offers a larger selection oftrading platforms than many other online brokers. Their six platforms includethe widely used MetaTrader 4 and MetaTrader 5.
They offer three forextrading account types, as well as a demo account. CQG is available in various different high-end terminals both for investors and for speculative traders. This includes CQG Integrated Client, CQG Spreader, CQG QTrader, CQG Trader & CQG Desktop.
Also, we provide you with free options courses that teach you how to implement our trades as well. Our watch lists and alert signals are great for your trading education and learning experience. The Bullish Bears trade alerts include both day trade and swing trade alert signals.
Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. From on our assessment, Lunar Capital provides an average offering of market research. There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). Our testing shows that both MT4 and https://lunarcapital.vip/ MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace.
REAL-TIME STOCK ALERTS SERVICE
Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Opening an account with the broker is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the Lunar Capital account team, you can then fund your account and commence trading.
For traders who require a more robust platform, Lunar Capital offers several options. The brokerage recommends the platforms according to the type of security traded. And under the categories of “stocks,” “options,” “futures,” and “apps,” Lunar Capital lists the ideal platforms. Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies.