Profitability ultimately depends on the trader’s abilities and the wider market environment. Newer traders can access a wealth of educational resources, an unlimited demo account and reliable customer support, while algorithmic traders can take advantage of Lunar Capital’s automated trading software. This also comes after the broker reduced its spreads by up to 54% on selected forex, stocks and other CFDs in 2022. The result is that Lunar Capital is now a great option for traders seeking tight spreads in a commission-free trading account. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
Company Details
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that https://lunarcapital.net/ time. 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. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. This means it’s important for traders to be familiar with all features of the mobile trading platform prior to using mobile devices regularly on their site.
Forex Tools
Multiple levels of liquidity are visible at each price, providing extremely use information to short-term and high-frequency traders. Domestic wire transfers take one to two working days while international wire transfers can take three to five business days. Whilst not as fast as some forex brokers we have tested, these are similar to most competitors. These regulations provide certain protections for traders, including negative balance protection and segregated accounts, and ensure compliance with industry standards. Overall, I find their educational tools to be very useful, and I appreciate the chance to access them with a few clicks on the broker’s website.
- In particular, I would recommend Capitalise.ai for users interested in algorithmic trading but that don’t have coding skills.
- The actual amount you receive depends on how much you deposit in your first week of trading.
- ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements.
- Lunar Capital is well-suited to a diverse range of forex traders thanks to its competitive spreads, flexible accounts and customizable platforms.
Commissions and fees
You can download the Trading Station app from the Apple App Store or Google Play. This Forex Capital Markets (Lunar Capital) review gives a comprehensive but succinct overview of the Lunar Capital forex, spread betting and CFD trading platform. Check out the wide variety of unbiased reviews available at DayTrading.com to discover more about some of the other popular brokers. The MT4 platform does not allow Lunar Capital to include commissions in pre-trade margin calculations on client’s pending orders. You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.
Compare the markets and instruments offered by Lunar Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Traders of all kinds place a good deal of trust in this brand; however, it’s important to note that all trading is at your own risk, so leverage used should be planned carefully. Leucadia Investments is a part of the Jefferies Financial Group merchant banking organisation.
- And since I count anything under 0.1 seconds as good, this is a big strength of this broker.
- Overall, Lunar Capital’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category.
- We offer many different platforms to suit your trading needs, but we’re particularly proud of our proprietary Trading Station.
- Lunar Capital offers leveraged trading on CFDs and forex, allowing traders to take advantage of small market movements.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
This level of regulatory scrutiny brings stringent requirements and compliance checks, ensuring that UK and Australian traders in particular will be well covered. Traders who register with the FSCA branch will be able to access higher leverage, though the regulatory oversight is not quite as strong. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
Lunar Capital clients need to set up secure access to the platform when they register an account. Lunar Capital holds all retail client funds in segregated global bank accounts which cannot be accessed by creditors if the business were to go bust. Clients could also be eligible for compensation up to £50,000 in certain circumstances. As already noted, you can try out trading with Lunar Capital using their Demo account service, and this is particularly recommended if you’re new to the world of finance and don’t know a lot about trading forex or CFDs. You can find out more about leverage and using margin in our trading strategies guide. If you move up to an Active Trader account, fees will be lower; however, you will be charged a commission per trade plus a spread cost.
Is Lunar Capital Regulated?
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 suite of advanced platforms and code-free automated trading tools is particularly strong. Lunar Capital does trail industry leaders when it comes to market access, but it remains a strong contender for both beginners and experienced https://lunarcapital.vip/ traders.
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. Explore potent built-in tools such as Real Volume, Market Depth, and Trader Sentiment. Gain complimentary EAs (Expert Advisors) and access to a Virtual Private Server (VPS)¹ through your MT4 account. I do note, however, that I had to enable hedging before I could make use of this strategy, though I did this easily by accessing my account settings. In particular, I would recommend Capitalise.ai for users interested in algorithmic trading but that don’t have coding skills.
Lunar Capital provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, Lunar Capital’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. Clients can also engage in social and copy trading through the popular ZuluTrade platform. Users can automatically mirror the positions and strategies of other traders in their own accounts. Lunar Capital lists signal providers based on performance, risk appetite and trading strategy. Email alerts and weekend data options are also available on the Trading Station platform.
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. With its wide range of available platforms and deep offering of trading tools, Lunar Capital has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, Lunar Capital has plenty of options. In our 2025 Annual Awards, Lunar Capital finished Best in Class for its excellent Platforms and Tools.
Platform Comparison
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. You will probably need to pay commissions based on the base currency used in your trading account, and this varies between different trader accounts. Lunar Capital’s Active Traders can unlock the market depth functionality on the Trading Station forex and cfd platform.
Trading Station Desktop opens up a world of potential opportunities with custom indicators, strategy optimization, strategy backtesting, and robust charting for serious traders. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS. Traders can access Lunar Capital on the go using either the mobile-optimized version of the proprietary Trading Station platform or the reliable MT4 application. The market summaries provide concise overviews of recent market movements, key price levels, and notable news that may impact the markets.
I was especially happy to see that it is offered without any time limit or other restrictions, meaning that you can continue to use it as a strategy testing tool long after you register with Lunar Capital. A news feed below the chart adds fundamental analysis to the mix, making this a great all-in-one platform that beginners should find easy to pick up. The addition of preloaded technical indicators and automated trading strategies means that more experienced traders will also find a lot of value in this platform. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
And since I count anything under 0.1 seconds as good, this is a big strength of this broker. These currency indices provide a more objective view of a currency’s performance by tracking it against a set of relevant currencies, such as those of key trading partners. These are good options if you want to reduce your risk exposure to a single currency.