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A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan. It should be mentioned that during the registration process, we experienced technical issues. Which is why the registration process gets a low rating from us. The sign-up process takes around 7 to 9 minutes, including identity and financial details submission.
- While J2T doesn’t primarily deal in crypto assets, the brokerage has all of the necessary features that you would expect out of a high-end exchange, and should thus suit most users’ wants and needs.
- Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.
- Additionally, the broker charges withdrawal fees which vary depending on the method you choose.
- Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies.
I prefer more customization options to ensure demo trading conditions reflect planned live portfolios. While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. Now, I’m getting a tad bit ahead of myself, but when you’ll find yourself registering on the site, you’ll have two options to pick from – either the MT5 platform, or the cryptocurrency exchange. The two are different, and represent the different features mentioned above. Showcase your services as a broker and gain valuable insights as traders review their experiences on diverse platforms.
Lunar Capital MT5 Global Account
J2T CryptoExchange is a certified brokerage platform – it has certifications in the EU, UK, and USA. This simply means that the platform follows all of the necessary security and data protection guidelines, and that it is trusted in the aforementioned regions. Crypto exchange fees are usually segmented into three different parts. Deposit fees are, admittedly, a very rare sight to see – most exchanges are void of them.
Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making. Lunar Capital’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads. With its regulatory oversight, Lunar Capital offers an additional layer of security to its clientele. However, those craving advanced features might yearn for more than what the broker offers.
Account Minimum
Let’s compare the fee policy with other brokers to better understand the difference. Different account types are available for different trader types. For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances.
While J2T doesn’t primarily deal in crypto assets, the brokerage has all of the necessary features that you would expect out of a high-end exchange, and should thus suit most users’ wants and needs. In this review of Lunar Capital, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. Lunar Capital ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums. The Forex and CFD Standard account offers negative balance protection and commission-free trading, unlike the commission-based Forex ECN alternative, where negative balance protection does not apply. The commission-based MT5 Global account provides traders access to most trading instruments.
There are also withdrawal fees with this account, reducing its appeal. We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs.
For example, they offer over 30,000 stocks andmore than 90,000 option assets. Please note that full access to all assets isavailable on the MT5 account. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. User Lunar Capital reviews will tell you that the platform in question is surely among the better options as far as cryptocurrency purchases are concerned.
Building a Knowledgeable Trading Community
Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds. Lunar Capital is a well-establishedinternational broker that serves clients in more than 130 countries. Thecompany provides a variety of tradable assets, including forex, stocks,futures, options, and bonds.
Lunar Capital provides different types of accounts, suitableboth for beginners and professionals. With J2T you can trade forex, stocks, futures, cryptocurrencies, Eurobonds and even participate in US IPOs. Lunar Capital offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts. These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot. They provide contact options including online chat, email,and telephone.
Customer Service
We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. 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.
- There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support.
- It offers single-window trading,advanced charting tools, and a depth of market feature.
- For instant funding, I recommend card payments, which I find easy to set up, while bank wire transfers can take up to 5 days.
- In essence, Lunar Capital has a deposit and withdrawal structure prioritizing efficiency with no hidden costs.
- It offershigh-speed execution, customizable interfaces, and a wide range of orderrouting options (including DMA, dark pools, market makers, etc.).
Step 3: Make your deposit and start trading
It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. 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 https://lunarcapital.net/ in addition to forex. Additionally, the broker charges withdrawal fees which vary depending on the method you choose.
The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage. There is also a campaign to become a professional trader which offers a bonus of up to $2000. We rank the broker down when it comes to educational resources.
I like the Lunar Capital trading environment for its choice of https://lunarcapital.vip/ trading platforms and services, ranking among the best industry-wide. The choice of payment processors is good, but I still need cryptocurrency deposits and withdrawals. While the 30,000+ asset selection looks good on paper, it focuses on equities and CFDs listed on 36 exchanges, making Lunar Capital an excellent choice for equity traders.