Lunar Capital Broker Review Forex & Stock Trading at Lunar Capital
Lunar Capital operates with a no dealing desk (NDD) model and works with various liquidity providers to offer competitive prices and deep liquidity across many instruments. This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions. FP https://lunarcapital.net/ Markets caters to the modern trader’s need for mobility and flexibility by offering mobile trading options across its platform range.
Security of Funds
Lunar Capital has a comprehensive educational offering with courses in text and video format, live webinars, and e-books. The volume of content is substantial and covers mostly basic material but does touch on some more advanced topics. I rate the available materials as better than average for the industry, but the section would benefit from being updated and better organized. One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage.
- CTrader is ideal for both short-term and long-term traders, offering advanced charting tools, level II pricing, and rapid execution.
- This compensation does not apply to international clients, who should take note of the differing levels of protection depending on jurisdiction.
- Finally, they have regular webinars with guests talking about the latest goings on.
- Also, I signed up via email for educational ebooks but never received them.
- You can open a live trading account with Lunar Capital by visiting their website and completing the registration process.
Recordings are uploaded to the client portal, so you can watch them at your convenience. All instruments are traded as CFDs, allowing for both long and short positions. There is no inactivity fee; if an account is dormant for 30 days and the balance is zero, it is archived without any charge.
- Lunar Capital requires all clients to send their withdrawal requests from within the Secure Client Area.
- By connecting to multiple liquidity providers, brokers like Lunar Capital can deliver ultra-low latency and minimal slippage.
- Lunar Capital stands out in this category, even covering bank fees for international transfers in certain cases.
- Most withdrawal methods are processed within 1 business day, with card and international bank withdrawals taking longer, depending on the provider.
Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. MT4/MT5 users can choose between the spread-based Standard account and the commission-based Raw account. The account opening process is fully digital and can be completed via the website in less than 10 minutes. Lunar Capital does not charge any fees for deposits, withdrawals, or account inactivity. Brokers operate multiple entities to serve clients globally, yet regulatory protections vary by jurisdiction.
Lunar Capital Live Accounts
Lunar Capital requires all clients to send their withdrawal requests from within the Secure Client Area. A $6 commission per standard lot is quite fair since many other leading brokerages charge higher commissions. However, some competitors like Fusion Markets offer considerably lower roundturn commissions of $4.50. In Australia, where its headquarters are located, the broker is regulated by the Australian Securities and Investments Commission (ASIC), a top-tier financial regulator. Lunar Capital is a reputable online financial services provider, regulated in different jurisdictions.
MT5 expands the functionality with 21 timeframes, 38 indicators, an integrated economic calendar, and a Depth of Market feature. Lunar Capital also supports equity CFDs and commodity futures directly within the terminal. Desktop, web, and mobile versions are available; with the integrated VPS installer, Expert Advisors can be connected to the server seamlessly. 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. For the Standard account, there is no separate commission; costs are fully incorporated into the spread. 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.
Iress Trading Platform Suite
Lunar Capital offers mobile trading apps for both Android and iOS devices, providing traders with convenient access to the markets while on the go. These apps feature a user-friendly interface and robust functionality, enabling traders to manage their accounts and execute trades seamlessly from their smartphones and tablets. First Prudential Markets (popularly known as Lunar Capital) stands as a beacon of versatility, serving both novice and seasoned traders.
What makes Lunar Capital different from other brokers?
Yes, Lunar Capital is regulated in several jurisdictions, including ASIC (Australia), CySEC (Europe), FSCA (South Africa), and FSA (Seychelles). These licenses ensure strict adherence to financial compliance and client protection standards. Lunar Capital is fully licensed and regulated in multiple regions, including Australia, Cyprus, South Africa, and Seychelles, ensuring high levels of security and compliance. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.
TradingView
At these times, the market is typically highly liquid with the tightest spreads. Lunar Capital offers a steady flow of news and analysis via the Traders Hub section of the website. Breaking news from Dow Jones and Reuters is also available via the TradingView platform. With top-tier regulation, a global reputation, and a partner-first mindset, Lunar Capital is a reliable and rewarding choice for forex business partnerships. Whether you’re a solo content creator or a business with infrastructure, the low entry barrier and flexible deal structures make it accessible for all.
At Lunar Capital, the feature is available via the MetaTrader suite of platforms. Here is how the average spreads for major forex pairs traded via Standard accounts at Lunar Capital compare to those offered by other brokerages. The MetaTrader platforms are not very intuitive, so the MT4/MT5 tutorials are a great resource to draw from, especially for beginners. This video series covers everything from the basics, like how to download and log in to the platform, to more advanced topics, like VPS installation and activating EAs (expert advisors) for automated trading.
Is Lunar Capital ECN?
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. This approach allows us to provide a transparent comparison of Lunar Capital against its peers, highlighting its strong position in the forex industry, especially for the EUR/USD pair. 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.
There are many great tools and indicators for the trading experience and it is highly customizable. You can get access to the industry standard MetaTrader 4 platform through Lunar Capital and they recently added the subsequent versions of this software- MetaTrader 5. They are a CFD and forex broker that is owned by First Prudential Markets Pty Limited. Their headquarters are in Sydney and they have been offering online financial trading for the past 14 years. In summary, Lunar Capital prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services. These policies contribute to Lunar Capital receiving a top rating for its deposit and withdrawal procedures.
The Lunar Capital Edition VPS seamlessly connects traders to the Equinix NY4 grid using the latest innovative technology. Interestingly, you can access your VPS anywhere via a Remote Desktop Connection (RDP) or a mobile platform. This can save you from having to keep your computer switched on all the time to run an automated system. As an established brokerage firm regulated by ASIC and CySEC, Lunar Capital operates in strict compliance with online trading regulations.
By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. Lunar Capital strives to provide valuable educational and research resources to its traders, although there is room for further enhancement and expansion in comparison to certain industry leaders. Lunar Capital recognizes the diversity of its clientele and has crafted its https://lunarcapital.vip/ account offerings to cater to the distinct needs of traders, from beginners to seasoned professionals. Lunar Capital 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. It is important to ensure you trade only with a well-regulated brokerage firm.