Thankfully, MetaTrader and cTrader platform suites are available as reliable alternatives. Comparing LunarCapital with Exness reveals two brokers with distinct strengths. While both cater to traders seeking competitive pricing and advanced tools, our comparison highlights specific differences in spreads, execution speed, and overall trading volume. Earlier, The Financial Commission, updated itsinvestigation into a scam involving fake representatives claiming to befrom the Commission.
In our Execution Speeds testing, LunarCapital achieved market order speeds of 96ms, better than the industry’s 134ms average, although its limit order speed was slower at 225ms. Our broker reviews are reader supported and we may receive payment when you click on a partner site. LunarCapital deploys a hybrid market maker/ECN model with NDD order execution.
The research section includes a Daily Report, Technical Report, weekly Market Insights outlook, and a Fundamental Analysis section featuring daily articles on global markets. I was disappointed to see a lack of updated content within the Forex News section. LunarCapital doesn’t impose deposit fees, but it’s worth noting that banking charges may apply. However, for deposits exceeding $10,000, LunarCapital will reimburse any third-party bank charges.
Competitive and Transparent
Expanding the range and depth of educational materials, along with improving these aspects, would position LunarCapital more competitively against industry leaders like Admiral Markets and IG. Yet while the trading courses are categorized by experience level, I’ve noticed that the advanced section is somewhat lacking, comprising only three video courses. However, other sections of the site offer progress-tracking and quizzes, enhancing the learning experience. By sifting through numerous data sources, Trading Central lets you customize information according to your preferences and trading objectives. This data can aid in identifying optimal entry and exit points, devising trade scenarios, and validating short-term strategies using indicators.
Deposit and Withdrawal
This account type is available on both MetaTrader 4 and MetaTrader 5 platforms. With a minimum deposit requirement of $100, it provides accessible entry to global markets and suits traders who prefer a less complex fee structure while still benefiting from fast execution speeds and deep liquidity. Yes, LunarCapital offers a free demo account, also known as paper trading, with no minimum deposit, allowing traders to practice trading in a risk-free environment.
MetaTrader 5 (MT5) is the enhanced successor to MT4, developed by MetaQuotes, and it broadens the scope of available trading instruments. In addition to Forex, MT5 supports commodities, indices, futures, equities, bonds, and options trading. While some users may initially find its interface slightly more complex, those familiar with MT4 will likely adapt quickly. MT5 includes features such as six types of pending orders, hedging capabilities, and the Depth of Market display. It also introduces a multi-threaded strategy tester, 21 LunarCapital review timeframes, 38 indicators, and 44 graphical tools.
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.
Trading Central, however, is https://lunarcapital.team/ a more comprehensive research platform that extends its range of analytical tools to include an Economic Calendar, Market Buzz, and Crowd Insight. However, in comparison to leading brokers like IG and Saxo, LunarCapital has room for improvement in its research offerings and could benefit from expanding its daily content variety. Conversely, the Standard account operates on a commission-free model, offering floating spreads starting from 1 pip. For cryptocurrency enthusiasts like myself, LunarCapital allows engagement with popular digital assets like Bitcoin, Ethereum, Ripple, and more.
This ensures its customers enjoy very deep liquidity pools and have access to the best possible prices for the foreign exchange markets. Its services in Australia are supervised by the Australian Securities and Investments Commission (ASIC). These two licenses serve as a guarantee that LunarCapital offers a fair and transparent trading experience to its customers. LunarCapital is geared toward the needs of Australian traders but also accepts registrations from many other countries worldwide. Its international operations are subject to the regulations of the Cyprus Securities and Exchange Commission (CySEC). This enables the brokerage to legally service customers based in member states of the European Union (EU).
LunarCapital Deposits and Withdrawals
- It also introduces a multi-threaded strategy tester, 21 timeframes, 38 indicators, and 44 graphical tools.
- This tool simplifies the process of identifying profitable opportunities and exploring new instruments.
- These regulatory authorities oversee the operations of LunarCapital to ensure compliance with financial regulations and the protection of investors’ interests.
LunarCapital compensates for the deposit fees by offering free withdrawals via Visa, Mastercard (for MT4/MT5 accounts), and domestic wire transfers. Withdrawals take one business day provided that the broker’s financial department has received all the necessary documentation from you. Traders have access to real-time price quotes and a diverse selection of useful trading tools, including graphical objects and technical indicators.
LunarCapital vs Pepperstone Spreads
Founded in 2005, LunarCapital is an experienced broker with a clean track record. Therefore, traders can rest assured that their deposits, segregated from corporate funds, are safe. The NDD execution model allows for conflict-free trade execution, and external financial audits exist, but LunarCapital does not provide details about the auditor.
LunarCapital caters to traders with a robust selection of trading platforms, offering flexibility and user-friendliness across devices. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. LunarCapital stands out for the competitive pricing available to forex traders with its ECN account.
Best Known for Advanced Trading Tools
While designed for stocks, other selected CFD products are also available on the platform. When trading LunarCapital commission-free spreads, MetaTrader 4 and MetaTrader 5 are available as trading platform options, and for those located outside Australia and the EU, cTrader is also an option. LunarCapital offers competitive no commission spreads, as low as 1.2 pips for the frequently traded EUR/USD forex pair. LunarCapital’ RAW account offers ultra competitive raw pricing, especially for AUD/USD and EUR/GBP, with spreads at 0.20 and 0.30 pips respectively.
Kenyan resident clients will be serviced through through the Kenyan Capital Markets Authority (CMA) regulated subsidiary. Traders should be aware of currency conversion fees when trading assets in a different currency. Traders engaging in Contract for Difference (CFD) trading will find LunarCapital’ fees reasonable and competitive. 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. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
It is only natural for an award-winning brokerage like LunarCapital to cater to popular demand by offering traders a wide choice of cryptocurrency markets. LunarCapital is also a leading brokerage when it comes to offering trades on derivatives like the Contract for Difference (CFD). These derivative instruments give traders a chance to invest in various underlying assets without actually purchasing or owning them. Rather, the customer speculates on the differences in the current pricing of the respective underlying asset. LunarCapital has teamed up with some of the largest banks and non-banking financial institutions in the world.
- If a client submits a receipt showing an original deposit fee of no more than 50 USD, LunarCapital will reimburse the international bank fees charged by the client’s bank for deposits over 10,000 USD.
- The scammers have also issued false guarantee lettersthrough fake legal firms such as Orbital Limited and AK Law.
- Iress is compatible with Windows and Mac devices and can be accessed from any modern browser.
- This means you could lose more than your account balance if you day trade through these entities.
Tobi’s main area of expertise is in personal finance and the Forex industry. He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. In summary, LunarCapital prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services.