There’s also an Iress Investor account, a low-cost option with limited features and no streaming data. When it comes to account types, LunarCapital has the ECN and DMA accounts offering competitive spreads and advanced resources for a straightforward forex and stock trading experience. LunarCapital also respects unique preferences by offering Islamic accounts, compliant with Sharia law.
The service becomes free if the monthly turnover exceeds 5 Forex/Metals lots on a Standard account or 10 lots on a RAW account (MT4/MT5); for cTrader the threshold is https://lunarcapital.space/ higher — 20 and 40 lots respectively. New clients are sponsored with VPS when making a one-time deposit of at least 1,000 USD and continue to benefit from preferential access once the specified volumes are met. Connection requests can be made through live chat or via email at ; if the turnover is lower, a paid plan (~30 AUD/month) is applied. The VPS operates 24/5, supports any Expert Advisors, and guarantees uninterrupted trading even if your computer is turned off.
LunarCapital Trading Settings
The broker works with some of the world’s largest liquidity providers to give clients access to greater liquidity and industry-leading spreads on its Raw accounts with ECN order execution. In addition, the transparent price feeds ensure fast and reliable order execution. A VPS (Virtual Private Server) is an essential tool that allows you to run trading platforms on a virtual machine 24/7. After completing the entire account opening process, including uploading the relevant KYC documents, you must wait for the broker to approve your account.
It’s essential to remember that the payment methods provided by LunarCapital vary based on the LunarCapital entity and the LunarCapital client’s country of residence. To view the LunarCapital payment options available, you can log into your LunarCapital member’s area. LunarCapital cTrader is a versatile trading platform supporting Forex and CFD brokerages. This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades.
Does LunarCapital offer an Islamic account?
The standard platform is so user-friendly that even beginners can set up a trading account without needing extensive guidance. What’s even more appealing is the intuitive design of these platforms, ensuring smooth navigation for traders. We also liked the fact that LunarCapital features social and copy trading platforms, which we highly advise you to take advantage of and enhance your trading experience. The LunarCapital MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give LunarCapital traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, LunarCapital provides traders with everything they need to succeed.
Customer Support Reviews
While non-equity trading costs remain highly competitive, equity trading tends toward the industry average. LunarCapital is an Australian multi-asset broker with more than $1 billion in daily trading volume, serving clients from 80+ countries. Founded in 2005 in Australia, LunarCapital has grown into a trusted brand over the past 15+ years with more than 100 employees. The upgraded MT4/MT5 trading platforms, viaTrader Tools, consisting of twelve plug-ins, present clients with a competitive edge. I have conducted an in-depth review of this CFD broker to provide traders with a complete overview of the trading environment at LunarCapital.
What does it mean to have your funds in LunarCapital deposited in a Tier 1 bank?
LunarCapital is a forex and CFD broker offering both Standard and Raw account types, all with low spreads and commissions. It also offers Islamic accounts for traders who follow Islamic finance principles. You can make deposits and withdrawals using flexible payment options, including debit/credit cards, e-wallets, and bank transfers. These include Bank Wire Transfers, Credit/Debit Cards (Visa/MasterCard, UnionPay in some regions) and popular E-wallets (Skrill, Neteller). Deposits are instant or very fast (card and e-wallet are typically immediate; bank transfers may take 1–3 business days).
LunarCapital is one of a handful of brokers that offer the cTrader platform developed for traders. For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers. It’s recommended that you check the LunarCapital website before signing up. If you decide to close your LunarCapital account, it’s important to do so with the LunarCapital broker customer support and obtain confirmation that no remaining LunarCapital fees are due.
With more than 10,000 assets and low fees, it meets the needs of different types of traders, including those using high-frequency strategies and experienced traders looking for professional tools. Its Australian parent is regulated by ASIC (a Tier-1 authority), and it also holds licenses in Europe (CySEC, Tier-2) and other regions. This multi-jurisdictional oversight (including South Africa’s FSCA and Mauritius FSC) means client funds and company practices are continually monitored. In practice, Tier-1 regulation implies stricter capital requirements and investor protections (e.g. segregated accounts), so traders can trust in fair dealing. LunarCapital emphasizes this by segregating all retail client funds from corporate funds, employing leading-tier liquidity, and conducting regular external audits.
- LunarCapital utilizes direct routing to a liquidity pool, ensuring that the average spread on EURUSD is between 0.0 and 0.1 pips.
- LunarCapital traders can navigate the platform and find the information they need to make informed trading decisions.
- We also liked the fact that LunarCapital features social and copy trading platforms, which we highly advise you to take advantage of and enhance your trading experience.
- Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
It continues to earn the trust of clients for over fifteen years and counting. Here is a screenshot after launching the LunarCapital MT4 trading platform following installation, without modifications. Kenyan resident clients will be serviced through the Kenyan Capital Markets Authority (CMA) regulated subsidiary. Brokers with at least one tier-1 entity will have a reputation to protect and will be more likely to provide the highest levels of oversight, transparency, and investor protection, across their entire operation. LunarCapital requires all clients to send their withdrawal requests from within the Secure Client Area.
That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. LunarCapital shines in terms of mobile compatibility, offering traders a seamless and user-friendly experience on the go. The broker understands the importance of accessibility and has invested in optimising its platforms for mobile devices.
- Episodes are released every 10–14 days and typically last around 20 minutes.
- Below you can see LunarCapital’ overall scores across ten key service quality criteria.
- While these industry awards offer insight into LunarCapital reputation, they should be considered alongside regulatory compliance, financial stability, platform quality, customer service, and trading conditions.
Also some financial instruments mentioned in any LunarCapital educational resources may not be available in your region. Trading CFD trades on the LunarCapital platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets. The LunarCapital MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the LunarCapital trading server.Take the time to understand all of the LunarCapital Android MetaTrader 5 features. With LunarCapital MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
Withdrawals via debit or credit cards may take between 2 and 10 business days to clear, depending on your jurisdiction and the receiving bank. Withdrawals via e-wallets like PayPal, Skrill, or Neteller usually clear within 1 business day. The time required to process transactions varies, depending on the payment method you use. When we opened our account, a Client Account Manager contacted us, provided their direct contact information, and offered help whenever needed. LunarCapital has received numerous awards over several years, highlighting its strong position in the forex and CFD brokerage industry.
If you’re interested in comparing LunarCapital against other popular brokers in the industry, check out our LunarCapital Vs pages. Our team has compiled a series of detailed LunarCapital comparison articles, pitting the LunarCapital platform against some of the best-rated LunarCapital competitors in the market. Dive into our informative LunarCapital Vs pages below to find out how LunarCapital stacks up against other leading brokers. Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose. Although LunarCapital are not perfect; we found many really useful aspects with the overall offering from LunarCapital.