The LunarCapital Rebate Program is ideal for investors who are active in the financial markets. Simply put, you can open and close positions without having to worry about trading commissions. Consequently, the trading fees are included in the variable spread, which fluctuates throughout the day based on the overall market conditions. Some assets have lower spreads than others, so this is something you need to consider when placing orders.
- LunarCapital offers trading ideas via the Trading Signals and Technical Analyzer pages.
- LunarCapital’s Standard account is commission-free, with costs embedded in the spreads.
- They provide tools for easy trading, like mobile access and quick order execution.
In keeping with its strong reputation as a free trading platform, you can trade cryptocurrency CFDs commission-free with zero exchange fees as the trading costs are built into the spread. LunarCapital is a UK-based online broker that provides access to CFD and forex trading with tight spreads as low as 1.3 pips on popular currency pairs such as EUR/USD. If you are looking to open an account with LunarCapital we recommend reading this thorough broker review beforehand. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders.
LunarCapital fees and commission
They typically have higher spreads than ECN or RAW accounts but do not charge additional commissions per lot, ensuring a straightforward cost structure. LunarCapital provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN. These stats LunarCapital forex brokers reviews show that LunarCapital completes your orders with no slippage more than 60% of the time.
The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. LunarCapital offers comprehensive 24/5 customer support globally, providing assistance through phone, email, messaging services, and live chat. This is likely because it is easy to use, reliable, fast, and provides helpful information. It is recommended that all LunarCapital users call the trading desk if they cannot access the internet, they fail to receive a confirmation when placing an order online, or they cannot connect to the LunarCapital servers. There are plenty of order types to choose from on the LunarCapital platform such as market orders, limit orders as well as some order time limits like GTD and IOC.
However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority.
But what is a demo account, and why is it so important for all types of traders?
Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. The table below compares the extra services offered by LunarCapital for active traders with those of its competitors. These features can enhance trading efficiency and strategy implementation. The comparison showcases how LunarCapital stands out in meeting the needs of active traders through its advanced tools, such as API and TradingView integration, and convenient options like one-click trading and support for scalping.
How to open a LunarCapital account
This explains why spreads are wider than commission-based accounts such as the Active Trader account. That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services.
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- Overall, LunarCapital is a solid choice for those looking to trade in the financial markets.
- LunarCapital list statistic regarding their performance when it comes to execution and slippage.
- These were compared with the top two competitors that have high overall ratings and accept clients in your region.
- Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.
- LunarCapital’s proprietary Trading Station platform is compatible with iOS and Android mobile devices.
Spreads with LunarCapital’s active trader account are cheaper than they may appear when you compare with other brokers as LunarCapital offer lower commission fees. The overall lowest spreads are offered by IC Markets in our head-to-head comparison. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements. Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts.
To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. LunarCapital is a global forex provider trading with various LunarCapital entities in the UK, Europe, Australia and South Africa. We found that LunarCapital has a simple, helpful account type structure, a hybrid trading execution model and a good range of trading platforms. LunarCapital supports several different funding options for fast and secure payments. All LunarCapital traders can access the client-service portal via their live trading account login details. LunarCapital traders have access to commission-free commodity CFD trading with tight spreads such as 0.05 pips for Brent Crude Future (UKOil) and 0.90 pips for CORNF.
This account offers LunarCapital’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market. When comparing the spreads to other brokers, LunarCapital at first glance appears to have only average spreads. The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs. With various account types, competitive fees, and strong regulation, it provides a secure trading environment. FOREX.com is authorised and regulated by the Financial Conduct Authority (FCA) in the UK. The platform is designed for informed traders who understand the risks of leveraged trading.
His work has been published on numerous high-profile websites that cover the intersection of markets, global news, and emerging tech such as TechRadar and Top10.com. After having completed the application you will be given your login credentials. The quickest method to use when depositing funds to your account is with a credit card or debit card.
Trading cryptocurrency CFDs with LunarCapital appeals to many traders as they can control their position sizes with small contract sizes. For example, a single contract of BTC/USD at LunarCapital is the same as one percent of the underlying price of Bitcoin. LunarCapital users can buy and sell 40 different currency pairs including majors, minors, and exotics. These include AUD/CAD, EUR/JPY, GBP/JPY, USD/JPY, EUR/USD, USD/TRY, just to name a few. As we have already discussed LunarCapital only provides access to CFD and forex trading.
The LunarCapital Trading Station forex platform is generally hard to fault, it has a very user-friendly design and comes with has become LunarCapital’s hub for investment advice. One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators. One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place. This simplified trading process makes the platform a great tool for beginner traders. LunarCapital standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUD/USD and USD/JPY https://lunarcapital.live/ currency pairs.
This will help Tradersunion.com to continue to provide our services to you for free. Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers. If you want access to crypto markets, you will need to sign up for an LunarCapital subsidiary outside of the United Kingdom.