It provides a strong trading experience for both new and experienced traders. With over 18 years of experience, it gives traders access to more than 10,000 financial instruments across many markets. 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. While many funding methods are free, certain options may incur fees. For instance, depositing any currency other than AUD via international bank wire will incur a fee of AU$12.5.
- The broker provides detailed and easily accessible information on spreads, commissions, and swap rates, allowing clients to understand and manage their trading costs with confidence.
- Lunar Capital is ideal for active traders, offering tight spreads, fast execution, and multiple trading platforms with advanced features.
- Lunar Capital’ Raw account is designed for more experienced high-volume traders, offering commission-based trading with spreads from 0.0 pips.
- Review this table to see which broker offers tighter spreads across major forex pairs, helping you lower your trading costs.
- With a commitment to both novice and seasoned traders, Lunar Capital offers educational resources and customer service that enhance the trading experience.
- CMC Markets reported serving 89,978 active clients as of its latest financial reporting, generating £290.5 million in net trading revenue for the 12 months ending March 31, 2024.
From advanced tools that facilitate automated and social trading to services that ensure the stability and efficiency of trade execution, these additional offerings cater to the diverse needs of traders. Lunar Capital 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. The company showcases its customer service awards and emphasizes delivering personalized and proactive support. While these industry awards offer insight into Lunar Capital reputation, they should be considered alongside regulatory compliance, financial stability, platform quality, customer service, and trading conditions. They also provide Direct Market Access (DMA) share trading through the IRESS platform.
Copy Trading
Lunar Capital offers diverse stock trading options, including outright stock trading via the IRESS platform and share CFDs on MetaTrader 4 (MT4) or MetaTrader 5 (MT5). If you live in Australia, you also have the option of opening an IRESS trading account. While designed for stocks, other selected CFD products are also available on the platform.
Supported Platforms
Our ranking process includes detailed testing of execution speeds in different trading situations to guarantee the precision and dependability of our results. Whether using iOS or Android devices, Lunar Capital ensures that traders have the critical tools they need right at their fingertips, making mobile trading both efficient and accessible. When trading Lunar Capital commission-free spreads, MetaTrader 4 and MetaTrader 5 are available as trading platform options, and for those located https://lunarcapital.vip/ outside Australia and the EU, cTrader is also an option. Islamic finance is based on the principles of Shariah, which prohibits the collection and payment of interest or Riba). In the context of trading, this means that brokers cannot charge or pay interest on overnight positions.
The availability of these methods may vary depending on the trader’s country of residence. Most deposit methods are processed instantly or within a few minutes. However, bank wire transfers and some alternative methods may take up to five business days to clear. Notably, Lunar Capital does not charge any inactivity fees, making it suitable for traders who may step away from the platform for extended periods without incurring penalties. 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. Forex trading is cost-effective, with tight spreads benefiting traders.
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. MetaTrader 4 (MT4) is a highly popular platform among Forex traders, known for its simplicity and powerful features. Lunar Capital offers it as a free download for Windows, macOS, and mobile devices. MT4 is especially well-suited for those focused primarily on the currency markets. It comes equipped with essential tools such as automated trading through Expert Advisors, customizable charts, various technical indicators, and the MarketWatch feature for real-time price monitoring.
Deposit
- This account type is available on both MetaTrader 4 and MetaTrader 5 platforms.
- These include leading firms in technology, healthcare, finance, and more.
- Additionally, traders can invest in a wide range of global stocks, explore fixed-income securities with bonds, and employ sophisticated strategies with options trading.
- The broker’s fees for futures trading remain competitive, allowing traders to engage in this asset class efficiently.
It provides an opportunity for traders to potentially earn profits by following the strategies and decisions of those with a proven track record. To accommodate clients who follow Sharia law, Lunar Capital offers Islamic swap-free accounts. These accounts are available on both the Standard and Raw MetaTrader accounts. Instead of overnight interest charges (swaps), Islamic accounts apply a fixed administration fee per lot per night. To open a swap-free account, clients must first register for a MetaTrader account and then submit a request to the Lunar Capital support team for account conversion.
rs Prop Firm: Elevate Your Trading Career with Real Capital Access.
This setup suits casual and beginner traders who prefer a spread-only model. This review of Lunar Capital is grounded in CompareForexBrokers’ rigorous and transparent methodology, as detailed on Our Methodology page. We evaluated Lunar Capital across multiple critical performance metrics, including trading costs, platform usability, customer service, regulatory compliance, and the breadth of market offerings.
This focus on educational resources is particularly useful for those aiming to refine their trading strategies and knowledge. Lunar Capital also caters to professional traders through its Iress trading suite, which includes Iress Trader, Iress ViewPoint, and Iress Investor. These platforms are available in both downloadable and web-based formats. Iress is known for delivering Direct Market Access and offers tools like transparent pricing, market heat maps, real-time news streams, and highly customizable workspaces. Traders can access prices for over 10,000 financial instruments, including domestic and international futures, share CFDs, commodities, indices, and Forex. The platforms support a full range of trading features such as 59 technical indicators, more than 50 drawing tools, and the ability to manage multiple portfolios.
Lunar Capital 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. Lunar Capital offers a large number of tradable instruments including over 70 currency pairs. Yes, Lunar Capital provides a VPS service, particularly beneficial for traders using automated strategies or expert advisors (EAs), with free VPS available to high-volume traders.
IC Markets Fees Explained: What Traders Need to Know
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. Lunar Capital offers many trading platforms like MetaTrader 4, MetaTrader 5, and cTrader. This ensures flexible and advanced trading environments for investors everywhere. Its low minimum deposit of $100 AUD makes it easy for traders to start in the financial markets. The Raw Account is designed for experienced traders who require tight spreads and institutional-grade pricing. This account features raw spreads starting from 0.0 pips and charges a commission of $3 per side per lot traded.
If a client submits a receipt showing an original deposit fee of no more than 50 USD, Lunar Capital will reimburse the international bank fees charged by the client’s bank for deposits over 10,000 USD. Lunar Capital delivers one of the most comprehensive selections of trading platforms and tools in the industry, ensuring https://lunarcapital.net/ traders have everything they need for successful trading. 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.
Lunar Capital is a globally respected online Forex and CFD broker known for its institutional-grade trading conditions, deep liquidity, and consistently low spreads. Established in 2005 and headquartered in Australia, Lunar Capital has earned a solid reputation for offering reliable, transparent, and efficient trading services to a global clientele. Lunar Capital equips traders with essential research tools and educational resources, ensuring a well-rounded trading education and informed decision-making through comprehensive market analysis and strategies.
I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. 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. 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.