According to anti-money laundering (AML) regulations, withdrawals must be made using the same method and up to the same amount as the initial deposit. Once the deposited amount has been returned, profits may be withdrawn via an alternative method. With PaybackFX, the exclusive rebate platform from Myfxbook, traders can link their existing Lunar Capital trading account or open a new one through PaybackFX to start earning rebates on every trade they place. Covering shares listed on exchanges across Australia, the US (NYSE & NASDAQ), the UK, Hong Kong, Singapore, and continental Europe, traders can engage with global markets across multiple sectors. The stock CFD offering allows for both long and short positions and can be traded via the MetaTrader 5 or IRESS platform.
Iress Account
Lunar Capital stands out for the competitive pricing available to forex traders with its ECN account. However, that pricing is only available with the MetaTrader platform, and Lunar Capital offers only 764 symbols on MetaTrader 5 (MT5). For those interested in low spreads, the RAW account is advantageous, though standard account users may find spreads slightly less competitive when compared to other top brokers. Regulated by ASIC and CySEC, and offering international services under offshore regulation, it ensures a secure trading environment. However, traders outside Australia and Europe should be mindful of regulatory differences. Lunar Capital equips traders with essential research tools and educational resources, ensuring a well-rounded trading education and informed decision-making through comprehensive market analysis and strategies.
Lunar Capital Trading Platforms
- Lunar Capital offers a range of value-added services, consisting of VPS hosting for automated trading solutions, the MT4 Myfxbook service for copy trading, and the MT4 MAM/PAMM module for retail account management.
- These accounts are equipped with virtual funds, allowing traders to test strategies, explore platform features, and experience real market conditions without risking capital.
- Founded in 1989 and headquartered in London, CMC Markets is one of the industry’s longest-established online brokers.
Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Adding more advanced video courses would only serve to improve Lunar Capital’ educational experience. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community.
Lunar Capital vs Pepperstone Spreads
Lunar Capital also offers an Islamic account, which doesn’t involve any swaps or interest on overnight positions to stay in line with Islamic principles. Rather, you’ll be charged a fee on positions, which is deducted from your account balance. It maintains an elevated level of transparency and has established itself as a reliable broker. It continues to earn the trust of clients for over fifteen years and counting. The account opening process at Lunar Capital follows well-established industry practices but requires some more data than many international competitors. MT4 has several options to enter orders and fully supports automated trading via EAs.
Clients trading under CySEC (European Union) regulation benefit from negative balance protection, which prevents losses from exceeding account balances during high market volatility. However, international clients outside of the EU may not be covered by this protection, so it is essential to check which Lunar Capital entity your account is registered under. Lunar Capital is a multi-regulated broker, operating under the supervision of reputable financial authorities. These regulatory bodies enforce strict compliance with financial laws, enhancing trust and security for traders globally. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
Tradable Instruments
Most methods have no deposit fees, however, international bank wire deposits in non-AUD currencies may incur a AU$ 12.50 fee. Lunar Capital offers an integrated copy trading feature through its MetaTrader 4 and MetaTrader 5 platforms, allowing users to easily discover and follow top-performing traders. The platform enables full automation of trade replication while still giving users the flexibility to control and adjust their settings at any time. Traders can choose to copy multiple strategy providers, access real-time performance rankings, and start or stop copying with just one click, making copy trading both accessible and customizable for traders at all levels.
He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. Lunar Capital is regulated by ASIC, CySEC and FSCA, holds client funds on segregated AA-rated bank accounts and has operated since 2005 without major regulatory issues. For the RAW account, a fixed fee of 3 USD per side (6 USD per round lot) is charged. Next, the system will ask you to confirm that you are not a U.S. tax resident, and to select your account’s base currency along with your preferred trading platform. Below you can see Lunar Capital’ overall scores across ten key service quality criteria.
- They can total above $200 per month for low-frequency traders, but Lunar Capital has a program in place for active traders to receive reimbursement for most costs.
- Lunar Capital is a multi-regulated broker, operating under the supervision of reputable financial authorities.
- CMC Markets reported serving 89,978 active clients as of its latest financial reporting, generating £290.5 million in net trading revenue for the 12 months ending March 31, 2024.
- If you live in Australia, you also have the option of opening an IRESS trading account.
Established in 2005 and headquartered in Australia, Lunar Capital has earned a solid reputation for offering reliable, transparent, and efficient trading services to a global clientele. Iress ViewPoint/Trader is a professional terminal offering direct DMA access to over 10,000 stocks and ETFs on more than 15 exchanges. The platform provides Level II Market Depth, streaming quotes, algorithmic trading via API, and integrated screeners. Commission depends on the chosen tier (Standard, Platinum, Premier) and trading volume; the platform fee is only applied if the monthly equity commission does not reach 150 AUD. Iress is ideal for those seeking comprehensive equity trading alongside a traditional Forex suite. Its proprietary app has a nice layout for a new mobile app but lacks the advanced features that I’ve come to expect from the best brokers in this industry.
What is the maximum leverage on Lunar Capital?
Lunar Capital provides a selection of trading accounts tailored https://lunarcapital.vip/ to suit different levels of trading experience and styles. The broker offers both MetaTrader and IRESS-based accounts, each with unique features and pricing models designed for various trader profiles. Lunar Capital is a globally respected online Forex and CFD broker known for its institutional-grade trading conditions, deep liquidity, and consistently low spreads.
Recordings are uploaded to the client portal, so you can watch them at your convenience. Withdrawal requests are processed by the internal back office within one business day, after which funds are disbursed using the same method that was used for the deposit. Once approved, the account becomes fully functional, and deposits and trading are opened without additional restrictions. The final step is to agree to the declarations and submit the application; a demo account can be opened in your personal cabinet without restrictions. As Iress is mostly optimized for share trading — not forex — I focused on Lunar Capital’ MetaTrader offering and the Lunar Capital proprietary app for this review.
Yes, Lunar Capital offers cryptocurrency CFDs, allowing traders to speculate on popular digital assets like Bitcoin, Ethereum, and Litecoin without owning them directly. You can open a live trading account with Lunar Capital by visiting their website and completing the registration process. The availability of these methods may vary depending on the trader’s country of residence. However, bank wire transfers and some alternative methods may take up to five business days to clear. You can contact Lunar Capital through live chat, email, phone, or via a call-back service. Help is offered in a variety of languages, and when we reached out, we found the staff to be knowledgeable, friendly, and quick to respond.
Comparing trading costs is challenging, with many variables impacting the final fees. We evaluated the spreads of the EUR/USD, gold, the S&P 500, and WTI crude, four of the most traded assets, available at all brokers. Higher volumes can reflect a brokers popularity and liquidity, which may influence your trading experience, particularly during volatile market conditions. For example, Lunar Capital charges $10 for international bank wire transfers, $25 for broker-to-broker transfers, 2% for Neteller, 1% for Skrill, 0.5% for FasaPay, 1.5% for PayTrust, and 2% for PayPal.
Whether you’re focused on short-term strategies or long-term investing, Lunar Capital delivers a https://lunarcapital.net/ professional and well-rounded trading environment built on speed, value, and trust. Click Open Live on the website, fill in personal details, choose platform and base currency, upload ID and proof-of-address, then fund the account once KYC is approved. If you want to compare Lunar Capital with other forex brokers in more detail, go to the Forex Brokers Comparison page. The broker’s YouTube channel features over 150 videos organized into playlists such as ‘MT4/5 Basics’, ‘Technical Indicators’, and ‘How to Read the COT Report’. The videos include subtitles and provide step-by-step visual guides with charts and examples.
Founded in 2005, Lunar Capital is an experienced broker with a clean track record. Therefore, traders can rest assured that their deposits, segregated from corporate funds, are safe. The NDD execution model allows for conflict-free trade execution, and external financial audits exist, but Lunar Capital does not provide details about the auditor.
WebTrader supports one-click trading, real-time quotes, the Depth of Market view, and a wide selection of technical analysis tools, including indicators and graphical objects. It also features a multilingual interface and offers full compatibility with desktop and mobile browsers, enabling smooth and secure trading from any location. Lunar Capital is one of the few brokers that has managed to combine conservative reliability with the flexibility of modern fintech solutions. The Australian ASIC license, European CySEC, and South African FSCA set a high baseline of fund security, and its history since 2005 confirms its ability to weather turbulent market cycles. With a minimum deposit of 100 AUD, clients gain access to ECN execution with speeds from 0.02 seconds and spreads starting at zero on RAW accounts.
The VPS operates 24/5, supports any Expert Advisors, and guarantees uninterrupted trading even if your computer is turned off. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Lunar Capital sets itself apart in the competitive broker landscape with its ECN-style pricing and extensive asset offerings.
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