Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world https://lunarcapital.vip/ to choose reliable companies and to avoid fraudsters. Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings.

• It’s worth noting that the fee for exercising is just $5 too, and there is no account service fee.
• Hours of operation may align with market hours, though 24/7 support might not always be available depending on your region.
• OptionsHouse set out to provide amateur retail traders with access to similar functionality and tools that are available to the professionals.
• It’s worth checking out because it may rival or even beat your current broker.

Account types

A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Lunar Capital is a reliable broker with the TU Overall Score of 7.29 out of 10. Like some of its major competitors, Lunar Capital aims to educate its users through various learning resources. However, while Lunar Capital has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages.

No longer do you have to keep track of variable fees and feel completely at the whim of your broker. Users of OptionsHouse benefit from no minimum accounts, flat commissions, and a wide variety of choices as to what will make up their investment portfolio. Another important element to OptionsHouse’s trading platform is their innovative and streamlined digital platforms, which you can access both from your computer and your phone. Their mobile and desktop apps, in particular, are really useful for keeping track of your investments with the click of a button. Only the most self-directed investors need apply, as they might be able to place the trades they want without being able to benefit from top-notch research. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs.

For this part, just select your country of origin, and submit your Social Security Number and government ID to verify your identity. Biden’s disturbing new government program may be worse than Obama’s. A former bank regulator is blowing the whistle on Biden’s frightening plan to take over your money. Thank you for taking the time to review products and services on InvestorMint. By letting you know how we receive payment, we strive for the transparency needed to earn your trust. OEC Trader is a desktop platform that is designed for futures trading.

Regulation and Security of Funds

Likewise, the firm offers an iBROKER Mobile App for futures traders. 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. The Lunar Capital investment holding company has organized a full-fledged education center. Beginners learn the basics of this business and participate in practical courses.

If you need to locate a hard-to-borrow stock, Lunar Capital will try to find it for you over the phone. The broker does not accept short orders for stocks priced under $3. Strangely, I was not able to delete a stock after adding to a list.

Lunar Capital has solid trading platforms and competitive commission fees. 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.

Fees and Minimums

Nonetheless, the firm’s commitment to providing robust platforms and competitive pricing cannot be ignored. If you are in search of an affordable multi-asset broker with strong technological foundations and a decent record of regulatory compliance, Lunar Capital is definitely worth exploring further. Lunar Capital offers various account types to cater to the needs of different traders.

The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG https://lunarcapital.net/ Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs.

Research & Analysis

Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. If you’re an experienced active day trader, you may find that Lunar Capital has better rates than your current broker. Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc.

• Lunar Capital is a globally renowned online securities trader that best describes itself as a deep discount brokerage house.
• OptionsHouse doesn’t charge customers when transaction volumes fall short of threshold levels either.
• OptionsHouse performs a soft credit check on you (via a third party provider) in order to check your identity.
• Options traders too will be pleased by a comprehensive tool suite, top notch virtual trading platform, paperTRADE, and options educational resources.

Discount brokers rose to popularity by eliminating many of the costly services of full-service brokers, enabling them to pass on the savings to their customers in the form of lower commissions. As time goes on, though, discount brokers are increasingly offering more research and trading tools to their clients free of charge. For many discount brokers, stocks and funds are the main breadwinner, and stock options are just a sideshow. Just as the fees at OptionsHouse should appeal to all options traders, so should the trading platform. It’s completely web-based, meaning nothing to download, and it’s clean and modern looking.

On the other hand, the absence of a search bar on the site is annoying. It seriously complicates navigation, especially if you need to quickly find specific information, such as account terms and conditions or commissions. Instead of simply entering a query, you have to manually search for the right section, which is time-consuming and unnecessarily annoying. The company’s underlying philosophy centers on delivering advanced technology and direct market access at competitive rates.

During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. Choosing a safe and reliable broker is essential for successful trading.

For those traders who are more technologically minded, and want robust analysis software and trading platforms, TradeKing is another good option to consider. Their browser-based platform offers free screening tools, real-time data and advanced research that handily beats Lunar Capital’s. Just like most other brokerage firms, Lunar Capital offers stocks, mutual funds, options, ETFs and bonds, which can form the backbone of most traders’ portfolios. However, they do lack futures or forex trading, which may turn off some traders who want to focus on those strategies. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade.

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. 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.

Is Lunar Capital a good broker?

Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good.