Also, the MT5 and cTrader bring one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth. The broker provides a live chat tool on its website that lets customer service agents instantly assist with short questions. This is especially helpful for pressing problems needing quick response.
- However, Lunar Capital lacks passive income options like interest on idle balances, which some competitors offer.
- There are many great tools and indicators for the trading experience and it is highly customizable.
- This policy ensures that traders can manage their funds efficiently without worrying about additional costs.
- As shown in the table below, RAW Account holders pay $3 per side, per 100k traded, while most brokers charge $3.50.
Other trading platforms
However, different authorities apply adjusted regulation according to its legislation and particular laws, in a result may diverge from the entity or regulator or another. Likewise, Lunar Capital Cyprus entity also applies negative balance protection to the client’s accounts, as well as participates retail accounts to the compensation scheme. So always make sure to learn better under which entity you trade and what protection conditions and privacy policy applicable to you. As a CFD Trading provider Lunar Capital Features quite comprehensive trading proposal that caters to cover needs of various traders, despite size or experience level. In the table below we gather Lunar Capital Key Points to consider including Available Trading Platforms, Account Features, Instrument Range, Typical Fees, Support etc. Therefore, Lunar Capital is always kept on their toes and have their operations above board.
Withdrawal Fee
The professional-grade Iress and Mottai platforms are available for clients of the Australian entity. Fees are Comission at FP differ based on account offering, while Standard Account fees we find in line with Industry proposals alike. Yet, at Raw Account or commission basis account spreads are starting at 0.0 pip and commission charge is $3 per lot makingLunar Capital very competitive for this account type. Although brokers like IC Markets and Pepperstone also provide low fees on commission account, Lunar Capital distinguishes itself also with no inactivity fees and low withdrawal costs.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- We do not present any investment advice or guarantees for the accuracy and reliability of the information.
- Its desktop platform stands out with advanced features, including the ability to run and backtest automated strategies, making it a powerful tool for skilled traders.
- Lunar Capital offers a broad selection of over 10,000 products across multiple asset classes, making it a versatile choice for traders looking for extensive trading options.
Tailored to All Traders
These are two high profile regulators, giving you peace of mind that your information and money are both safe and secure. High regulation such as this means that the broker complies with strict rules and works transparently. Lunar Capital streams from top-tier financial institutions to ensure institutional grade quality to their clients.
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. 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. Headquartered in Sydney, Australia, Lunar Capital (First Prudential Markets) was founded in 2005 as an online retail forex and CFD broker.
If you enjoy trading through the MetaTrader platform, why not host your Expert Advisors on a virtual private server in Lunar Capital’ very own New York data centre. Lunar Capital will even cover the server’s monthly fee if you make a $1,000 deposit and meet low monthly volume requirements. We used the chat service multiple times and consistently received responses within 10 to 30 seconds. The support team was knowledgeable, promptly addressed our questions, and provided links to relevant resources when needed. We also used the email facility and received a prompt response within 15 minutes answering all of our questions thoroughly.
A Wealth of Trading Opportunities
So with Lunar Capital sign up as being regulated broker there are various safety measures applied. As you can, Lunar Capital is extremely well-regulated and look after the needs of their clients no matter what they may be. They https://lunarcapital.net/ have an extensive array of investment products for you to trade, as well as many different trading platforms to choose from. They have a trading course and many different video tutorials covering topics for beginners and advanced traders alike. They have sections for all levels of experience and they also have a number of eBooks on offer. Lunar Capital is the leading online brokerage of its kind in Australia and this is reflected in their offering of investments.
Lunar Capital offers a large number of tradable instruments including over 70 currency pairs. Lunar Capital provides a variety of account types tailored to different trading needs and experience levels. The minimum deposit requirement at Lunar Capital is 50 USD/EUR/GBP for Europe and 100 AUD (or its equivalent) for both Australia and international clients, with a higher minimum deposit of 1000 AUD for Iress accounts in Australia. Lunar Capital stands out for its comprehensive suite of educational resources, designed to enhance the trading knowledge and skills of its clients.
Lunar Capital sets itself apart in the competitive broker landscape with its ECN-style pricing and extensive asset offerings. It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds. We discovered that Lunar Capital offers excellent trading platforms, a wide range of CFD markets, and fast execution speeds. Lunar Capital caters to desktop users by offering trading software compatible with both Windows and Mac operating systems. Windows users can download the desktop platform, while Mac users can access it through web-based solutions. These desktop apps provide advanced charting tools, user-friendly interfaces, and support for MetaTrader, algo-trading, and copy trading, making them suitable for traders of all levels and preferences.
Traders who deposit a minimum of $1,000 or trade over 10 lots per month on the Standard Account or 20 lots on the Raw Account can access the VPS service at no additional cost. Lunar Capital uses an ECN for Forex on Raw accounts, providing direct pricing from top-tier liquidity providers with no markup. For certain CFDs and Equities, they offer Direct Market Access (DMA), allowing real-time access to live market prices straight from exchanges. Lunar Capital’ Raw account is designed for more experienced high-volume traders, offering commission-based trading with spreads from 0.0 pips. The $6 round-turn commission per standard lot with tight spreads may suit those who are looking to scalp or day trade. The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals.
To qualify for this account clients must pass a wealth or experience test. Lunar Capital is an award-winning broker with an outstanding reputation in the Forex & CFDs industry. They have won awards for trader satisfaction, trade execution, customer service, and value as well as winning the “Best FX Broker Australia” award. Live chat, phone, and email support is provided 24/7 customer service from Lunar Capital. Although their help is usually receptive and informative enough, brokers like Pepperstone have been praised for their quality of customer service alike.
There are daily market reports from the Lunar Capital analysts, as well as more long term analysis of the markets. They have a section for market news and they also look ahead to upcoming events and identify what sort of effect they may have on the markets. Finally, they have regular webinars with guests talking about the latest goings on. A withdrawal will normally take about two working days, but in some cases it can take as long as five working days. There is a 1.8% credit card fee for withdraws and a $20 fee for bank transfer withdrawals.
Lunar Capital is a good option for both new and seasoned traders since it combines low-cost trading with an extensive range of tools and information. Another good addition we found, is that Lunar Capital gives back to their clients by reimbursing VPS purchase. The client can sign-up to a chosen VPS provider trade a minimum of 10 lots on RAW FX and get a cash payment back into the trading account with a maximum of up to 50$ a month. Also, each instrument defines its trading conditions, proposing flexible leverage throughout account settings, and requiring specific margins that you may always check through the Lunar Capital platform. The depth of market (DoM) view is particularly noteworthy since it helps traders grasp market liquidity.
