The Raw account offers tighter spreads from 0.0 pips with a commission of USD 3 per lot per side, best suited for experienced or high-volume traders. Whether you prioritize zero commissions or ultra-tight spreads with institutional-grade pricing, Lunar Capital provides flexible, competitive fee structures for a range of traders. With real-time coverage of global markets including stocks, forex, commodities, and digital currencies, TradingView provides a comprehensive environment for market tracking and trading. The Standard Account offers spreads starting from 1.0 pip with no commissions, making it ideal for beginners. The Raw Account features spreads from 0.0 pips but charges a USD 3 commission per side, catering more to experienced or high-frequency traders who prioritize tighter spreads.
CFDs
With the ECN model, orders are matched and executed at significantly better prices. This works extremely well for forex traders relying on strategies like scalping with Expert Advisors (EAs), as it further accelerates the execution speed. MetaTrader WebTrader (MT4 & MT5) allows traders to access their accounts directly from any web browser, offering flexibility and convenience without the need for additional software downloads. Lunar Capital provides a competitive pricing model tailored to suit a range of trading styles. The Standard account features no commission charges, with spreads starting at 1.1 pips on major forex pairs like EUR/USD. This setup suits casual and beginner traders who prefer a spread-only model.
Forex and CFD traders will find a versatile, affordable MetaTrader and cTrader offering at Lunar Capital, but with fewer research and educational content than what is offered by industry leaders. The fees and commission at Lunar Capital changes depending on what type of account you are signed up to. For example, for a non-leveraged CFD share you will be paying a 0.8% commission and 0.11% for the purchase of a new share. It was only launched at the start of 2017 and it is a direct replacement for their previous software that was known as Iresstrader. This new platform runs on HTML 5 technology, which makes it a lot more responsive to trades.
Lunar Capital does https://lunarcapital.vip/ not charge an inactivity fee, which benefits traders who may not trade frequently. While there’s no account inactivity fee, it’s essential to note that other fees might apply. Lunar Capital does not impose an inactivity fee for longer period of account dormancy. This is not a common practice as many large brokerages do penalize their customers for inactivity. The bid price is the price at which you can sell the base currency, and the ask price is the price at which you can buy the base currency.
It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds. MetaTrader platforms are renowned for their reliability, comprehensive charting tools, and extensive support for automated trading. Both MT4 and MT5 offer features such as customisable charts across multiple time frames, a wide range of technical indicators, one-click trading, and support for trading robots (Expert Advisors). Lunar Capital and Pepperstone are two top-tier brokers known for offering tight spreads, reliable execution, and robust trading platforms. If youre deciding between these two, our side-by-side comparison tables will help you evaluate key factors like spreads, price quotes, and trading volume to make a more informed choice.
The Lunar Capital Academy covers both basic and advanced trading strategies, focusing on various aspects of forex trading. Importantly, withdrawals must be returned via the same methods used for deposits, in the same order, before profits can be withdrawn through alternate channels. With low entry barriers and robust trading conditions, Lunar Capital excels in offering flexible and trader-focused pricing models. The Standard Account charges no commission and features spreads from 1.0 pip, while the Raw Account offers tighter spreads starting from 0.0 pips but charges a $3 commission per lot per side.
- These are available in both Standard and Raw formats on MT4 and MT5 and do not incur swap or interest charges on overnight positions.
- 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 discovered that Lunar Capital offers excellent trading platforms, a wide range of CFD markets, and fast execution speeds.
- Regulated by ASIC and CySEC, and offering international services under offshore regulation, it ensures a secure trading environment.
- In summary, Lunar Capital prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services.
- With a diverse array of instruments and account types, the Australia-based company caters to all, making it a valuable ally in the world of online trading.
Traders Toolbox
- Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
- To calculate your expenses, you should subtract the interest rate of the base currency from the interest rate of the quote currency.
- The Standard Account is ideal for new and intermediate traders seeking a straightforward and commission-free trading experience.
- The MT4 platform has a limited selection of just four stocks, making MT5 or IRESS preferable if you are interested in share trading.
Generally, you will not be paying fees to MetaTrader account, but the e-wallet fees to the Iress platform will range usually from 3-4%. Lunar Capital is the leading online brokerage of its kind in Australia and this is reflected in their offering of investments. You can get all types of ASX shares in the form of CFDs and you are able to short as many as 300 different CFDs. Overall, Lunar Capital’ customer support, with its responsiveness, accessibility, and supplementary resources, ensures a positive and well-rounded support experience for traders. Overall, Lunar Capital offers a competitive fee structure, as well as transparency, and flexibility. Traders can benefit from cost-effective trading while knowing what to expect in terms of fees and charges.
Support Operating Hours
Lunar Capital is overseen by two top-tier financial authorities, being the Australian Securities and Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) in Europe. Lunar Capital has an overall trust score of 60 based on regulation, reputation, and reviews. Our broker reviews are reader supported and we may receive payment when you click on a partner site. No, Lunar Capital does not accept clients who are residents or citizens of the United States. ASIC is well regarded across the world and they are very diligent when it comes to their monitoring and supervision of those under their regulationi.
My test results place Lunar Capital firmly in the above-average category, showing strength across multiple categories. This well-rounded performance underscores the broker’s commitment to meeting the diverse needs of beginners and experienced traders. I appreciate that the analysis covers a wide range of markets, including cryptocurrencies. Traders Hub also features reports on technical themes, citing chart patterns and key support and resistance levels.
Deposit Fees
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. Lunar Capital also offers free trading signals from the third-party provider Autochartist. This tool automatically detects chart patterns and key price levels, helping traders anticipate potential market trends.
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. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Lunar Capital caters to beginners with its standard spreads and no commission structure, and more experienced traders through ECN pricing with raw spreads, offering tailored solutions for every trading level. By comparing spreads across different currency pairs, traders can identify which broker provides more cost-effective trading conditions. The spread comparison between Lunar Capital and Exness below is based on real trading data. Review this table to see which broker offers tighter spreads across major forex pairs, helping you lower your trading costs.
Lunar Capital stands out as a well-rounded forex and CFD broker, offering competitive spreads, fast execution, and a wide range of account types and trading platforms, including MT4, MT5, cTrader, and TradingView. With low-cost trading through Raw and Standard accounts, flexible funding and withdrawal options, and access to over 70 instruments, Lunar Capital caters to traders of https://lunarcapital.net/ all levels. The Standard Account is ideal for new and intermediate traders seeking a straightforward and commission-free trading experience.
Deposits
MetaTrader 5 (MT5) offers more advanced features than MetaTrader 4 (MT4), including over 80 technical indicators (compared to MT4’s 60), more timeframes, and additional order types. MT5 also supports trading a wider range of assets such as stocks, commodities, and cryptocurrencies, whereas MT4 primarily focuses on Forex and CFDs. With over 70 currency pairs, equity CFDs, commodities, indices, and cryptocurrencies, cTrader provides a comprehensive trading environment for global markets. It supports automated trading with Expert Advisors (EAs), allowing traders to create and customize their trading robots.
Forex traders have access to everything from major pairs like EUR/USD to exotic pairs like USD/ZMW (Zambian Kwacha). Market sentiment data indicates the percentage of client accounts that are long (buyers) or short (sellers). The information is collected from all available cTrader servers across multiple brokers. You can fund or withdraw using multiple methods, including credit/debit cards, bank wire transfers, e-wallets like Neteller and Skrill, and cryptocurrencies. Most deposits are instant for MT4/MT5 accounts, and withdrawals typically process within 1–5 business days, depending on the method. The platform also features a strong social community where traders can share insights, strategies, and analysis.
