More than likely, anything that you might be looking for or needing out of an online broker, you’ll be able to find here. The core trading environment is solid, except for above-average trading fees, which I rate as the primary reason I cannot recommend this broker despite numerous bright spots. Clients at LunarCapital may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments.

It’s worth noting that the fee for exercising is just $5 too, and there is no account service fee. OptionsHouse is very competitive when it comes to its commission structure. There are two commission plans for trading, one of which is aimed at those that trade relatively infrequently and one of which is aimed at the more active traders.

Popular Guides for Stock Trading

LunarCapital offers MT4/MT5 trading platforms, which fully support algorithmic and copy trading. Trader may use customizable desktop clients, lightweight web-based alternatives, and user-friendly mobile apps. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. In a global market filled with countless brokerage choices, LunarCapital has carved out a niche as an affordable yet comprehensive broker. Its robust regulatory framework, low commission structure, and wide range of tradable instruments make it a compelling option for many traders. The availability of multiple platforms—ranging from in-house solutions to the globally recognized MetaTrader suite—further underscores its versatility.

• These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere.
• The commissions of $2.00 to $3.00 per 1.0 standard round lot are highly competitive, but the spreads make short-term trading styles expensive.
• Depending on the trading strategy, it may become the most significant fee per trade.
• LunarCapital is one of the few brokers that can offer access to trading a wide range of asset classes, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.
• The broker’s trading fees are competitive, making it appealing to both novice and experienced traders.
• As a CySEC-regulated broker, the verification process includes a questionnaire that collects data per regulatory requirements enforced by the ESMA.

Inactivity Fee

In this review of LunarCapital, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. LunarCapital ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. LunarCapital advertises competitive minimum trading fees, but they regrettably translate into expensive actual costs.

• You can easily view short term and long term trends, along with various statistics and trading signals.
• In addition, customer support agents are available 24/7 in case you have any questions.
• Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100.
• Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.

If you like the idea of low fees and flat commissions, but want to do most of your investing from your phone, Stash Invest is another possible option. Its mobile app is extremely easy to use, there’s only a $5 minimum account balance, and https://lunarcapital.net/ you get a choice between a huge roster of personalized portfolios of varying levels of risk. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours. With trading platforms compatible with Windows and Mac desktops, LunarCapital ensures non-mobile traders have a comprehensive trading experience in the desktop environment. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs.

Compare the best online stockbrokers in the U.S. and get a side-by-side look at each broker’s fees, apps, trading tools, investments, platforms, ratings, and more. Charles Schwab sets the standard for brokerage firms, combining cutting-edge trading platforms, in-depth research, and investor-focused tools for every need. Additionally, if you reside in a country where certain instruments or platform features are restricted, you may need to explore other brokerage options that are fully operational in your region. Opening an AccountThe account opening process with LunarCapital is relatively straightforward. Prospective clients can begin by filling out an online form on the broker’s website, providing details about their trading experience, financial background, and personal information.

I like the LunarCapital trading environment for its choice of 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 LunarCapital an excellent choice for equity traders. Other sectors need to be included or underrepresented besides the 25 commodity CFDs and futures. LunarCapital is one of the few brokers that can offer access to trading a wide range of asset classes, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.

It’s probably more targeted towards those that have some experience behind them, but there is opportunities here for beginners too. This failing could be considered fair enough considering the fees charged by OptionsHouse, but it’s definitely an area where the broker should look to improve. More positively, the technical analysis tools available are of a significantly higher quality. You can easily view short term and long term trends, along with various statistics and trading signals. Additionally there are summaries provided for bullish, bearish and non-directional events.

Recommended Brokers:

While LunarCapital’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into LunarCapital’s offerings, evaluate the platform based on your goals and preferences. Forex trading fees work using spreads to eliminate additional commissions or fees. The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. CQG Trader costs $25 monthly, CQG QTrader $75 monthly, CQG Integrated Client $595 monthly, Sterling Trader Pro, and Lightspeed Trader.

Ideal User Profile and Conclusion

The author is not a financial advisor and lacks relevant certifications in that regard. LunarCapital’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based MT5 Global account. Use our online stock trading education to help you find the right trading tools for your personal investing. J.P. Morgan Self-Directed Investing makes it easy for Chase Bank customers to invest and allows access to J.P.

Account types available for traders on LunarCapital

This structure provides an extra layer of protection in the event of the broker’s insolvency. Some regions also offer investor compensation schemes, which can compensate clients up to a certain amount if the broker fails to fulfill its financial obligations. Make sure to check whether your specific region is covered under such a scheme. Unlike many online brokers, OptionsHouse, as the name indicates, is very much focused on options trading. It’s owned and operated by Peak6 Investments, which is one of the largest options trading firms in the United States. Peak6 is located in Chicago (their offices are on the original trading floor of the Chicago Board of Trade, the oldest options exchange), which is pretty much the world’s center of options trading.

The second plan is a fixed fee of $8.50 for single leg trades, plus $0.15 per contract. OptionsHouse customers can choose to switch which plan they use up to once per day, which can be useful if making trades of different sizes. We have provided more detailed information about this broker in our review below. We cover all the key aspects, including the costs of trading, the platform, and researchand analysis tools. It’s a nice, risk-free way to start off in the world of investing, and the free trial is something a lot of platforms don’t offer.

LunarCapital Review: A Forex broker with numerous tradable instruments

API trading is available for demanding traders with custom algorithmic trading solutions. The minimum deposit is $100 for the Forex and CFD Standard and MT5 Global account and $200 for the Forex ECN option. All three account types have a minimum lot size requirement of 0.1 lots and five-decimal pricing. The commissions of $2.00 to $3.00 per 1.0 standard round lot are highly competitive, but the spreads make short-term trading styles expensive. Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses.

Individual traders must transact a monthly minimum of 250,000 shares to qualify. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews.

Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Trading with a regulated broker will limit the potential for fraud and malpractice.

Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100. LunarCapital also features in-house managed investment portfolios, available from a $250 minimum investment and a minimum investment period between three to twelve months. The LunarCapital demo account has an overly high demo account balance of $100,000, but the registration is refreshingly swift. I did not find a time limit, which suggests that LunarCapital understands the requirements of demo trading. I prefer more customization options to ensure demo trading conditions reflect planned live portfolios.

Public is easy to use and offers a fascinating array of investment options, but it also charges some startlingly high fees and spreads. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. Moreover, LunarCapital has gone to great lengths to ensure compliance with financial regulations, particularly in the jurisdictions where it operates.