The trader can encounter several aspects despite the fact that the funds are virtual. When a trader is ready, they can open a Demo account, which includes all the features of a live account. LunarCapital also offers customer support five days a week in multiple languages. The outstanding education and learning material are provided by the broker. Overall, the fast execution and tight spreads make it superior to its competitors. Autochartist is a trading tool on both MT4 and MT5 platforms that use charts to make traders understand trading opportunities.

What is the highest leverage offered by LunarCapital?

The two platforms made available to clients to trade CFDs are Iress and MT5. Its list of supported countries includes Australia, China, Germany, UAE, the UK, etc. Moreover, the educational material featured on its website is made up of informative lectures and resources for both new and expert traders to polish their skills and attain trading knowledge. Customer support by LunarCapital is available in multiple languages with 24/5 live support.

deposits/withdrawals

Offers higher leverage for EU residents but unfortunately not for the US residents in St.Vincent and Grenadines or Seychelles jurisdictions. We discovered that LunarCapital offers excellent trading platforms, a wide range of CFD markets, and fast execution speeds. Another Reddit user, who also doubles as an LunarCapital client, wrote about their positive experience in their review of the broker.

Overall, LunarCapital is a transparent and trustworthy broker, one of the best out of Australia, and highly competitive globally. LunarCapital 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. Unlike brokers who facilitate trades, money managers take a more active role by developing tailored trading strategies based on a client’s financial goals, risk tolerance, and invested capital. ProRealTime is a professional-level trading platform designed for advanced traders looking for sophisticated charting and analysis tools.

Ultimately, whether LunarCapital is the right choice for you depends on your trading style and priorities. If competitive spreads, a diverse range of trading instruments, and a robust educational foundation resonate with your trading goals, LunarCapital emerges as a strong contender. For institutional and high-volume traders, the IRESS platform offers features tailored to meet their sophisticated trading requirements. As such, it is an excellent option for those looking to implement complex trading strategies efficiently. In times of urgency, having multiple support options can significantly impact traders’ experiences. Therefore, those requiring immediate assistance may opt for brokers with more accessible support channels.

LunarCapital provides multiple trading platforms, including MT4, MT5 and cTrader, each supporting a variety of languages to accommodate its global clientele. MT4 and MT5 supports over 30 languages while cTrader platform also offers similar multilingual support. LunarCapital offers 24/7 customer support to both retail and professional clients globally through various channels, including phone / call back service, email, live chat, and social media.

Withdrawal Fees

Australian clients will deal with the subsidiary, regulated by the Australian Securities and Investments Commission (ASIC) – a tier 1 regulator, First Prudential Markets PTY LTD. LunarCapital operates under the protection of the Act of Grace mechanism under section 65 of the Public Governance Performance and Accountability Act 2013. Australian clients remain shielded from potential damages by the Scheme for Compensation for Detriment caused by Defective Administration (CDDA Scheme). LunarCapital is a global broker that started in Sydney, Australia in 2005. They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements.

Spread

We had a positive trading experience with LunarCapital, with consistently swift execution on our trades. LunarCapital uses ECN execution with a fiber optic connection to a high-end server at the NY4 Equinix facility in New York. Opening an account in the UK places traders under the jurisdiction of the FSA (St. Vincent and the Grenadines), allowing UK traders to take advantage of the maximum leverage available. More than 10,000 stock CFDs are available to FP Market clients based in Australia. LunarCapital offers a large number of tradable instruments including over 70 currency pairs. In conclusion, LunarCapital’ commitment to educating traders is commendable.

CMA shares tips to identify scams in trading

The brokerage operates on a model that ensures traders can enter and exit positions without incurring prohibitive costs. With a commitment to both novice and seasoned traders, LunarCapital offers educational resources and customer service that enhance the trading experience. LunarCapital 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.

Yes, based on your detected country of DE, you can open an account with this broker. Since the trades are routed directly to the interbank market, they are executed almost instantly, reducing the possibility of re-quotes or price manipulation. The platform was operating illegally, and the CMA has urged investors to deal with licensed platforms only and pointed investors to the list of the firms it has licensed to operate in the country. They will have full regulatory compliance with reputable authorities, strong security measures, data protection, and fund segregation. Check the margin requirements of the broker, determining the capital required to open a position. A diversified portfolio, therefore, enables flexibility in your trading strategy and will help you to hedge the risks in a better way.

Managed accounts are available for those preferring professional management. The broker’s user-friendly interface, educational resources, and demo account make it suitable for beginners. Simultaneously, its extensive range of instruments, low spreads, and advanced trading tools cater to professional traders.

They are basically the interest rates that cover the amount borrowed to keep a leveraged position open. One of the distinguishing features of CFDs is that traders can go long (buy) or short (sell), making them a very flexible product to profit in rising as well as falling markets. Platform is Excellent Choice Specially for MT5 and Very Tight Spread for MT5 on RAW Account fast withdrawal like 5 to 6 hours via Dragon Pay. Features are good need little improvement on Copy Trading System specially on the RANK Listing for best performance trader.

Inactivity Fee

Once deposits have been withdrawn, you can use an alternative method to withdraw profits. In summary, LunarCapital offers a straightforward account opening process. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

• One of the users raised a query on Quora regarding the legit status of LunarCapital, in response to that, Kane Ferdinand shared his personal experience and referred to it as a promising broker.
• Traders can access LunarCapital’ web-based trading platform from any web browser without the need for installation.
• Such flexibility, coupled with the facility of trading on margin, makes CFDs attractive to both retail and professional traders.
• Processing times also depend on the chosen method, and LunarCapital notes one business day for internal processing times.

The traders can also choose cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin. Spread is the difference between the bid and the ask price of an asset – making it https://lunarcapital.net/ one of the costs of trading. The spreads are susceptible to many factors including market conditions. The minimum spread on forex and commodities is 0.0 pips while on the GILT bond, it is 0.0 pips.

• LunarCapital delivers a very competitive commission-based alternative with raw spreads of 0.0 pips for a commission of $6.00 per round lot.
• The mobile trading app offers 60+ currency pairs including major currencies like EUR, GBP, USD, and AUD.
• They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements.
• We have conducted an in-depth review of this CFD broker to provide traders with a complete overview of the trading environment at LunarCapital.
• For instance, while broker X may charge higher fees for similar trading conditions, LunarCapital maintains a more favorable cost structure.
• Per AML guidelines, the name on the trading account and payment processor must be identical.

They offer 15 Index CFDs, including popular choices like the US100, US500 and UK100. LunarCapital provides a variety of account types tailored to different trading needs and experience levels. Traders should be aware of currency conversion fees when trading assets in a different currency. LunarCapital earns a top-notch rating in trust and safety due to its extensive regulation, comprehensive fraud prevention measures, and stringent client fund security protocols. Traders can have confidence in the broker’s commitment to maintaining a secure and trustworthy trading environment.

CTrader is a very modern, highly customizable trading platform with an intuitive design and advanced order execution capabilities. CFDs, or Contracts for Difference, are financial derivatives that allow traders to make speculations on the change in price of underlying assets without owning them. Trading CFDs actually means you are entering into a contract with a broker to exchange the difference in the value of an asset from the time of opening and closing of the trade. As a global forex broker since 2005, we understand the value of knowledge when it comes to Forex and Derivatives trading. Education is vital to the success of your trading career and our series of free webinars cover all aspects of trading.