Lunar Capital review MT4 Demo account offers a risk-free environment in which to practice trading and test strategies. With $100,000 in virtual funds, you can experience real-time market conditions, experiment with automated trading, and familiarize yourself with the MT4 platform’s features. These low spreads and commissions, combined with Lunar Capital’ fast execution speeds and liquidity from leading financial institutions, create a cost-efficient trading environment.
This means not every available option may be featured on this page. 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. Our broker reviews are reader supported and we may receive payment when you click on a partner site.
The withdrawal process remains swift and hassle-free, earning Lunar Capital a top rating in this category. The back office makes it easy to request a withdrawal, which takes a few seconds. There are no internal withdrawal costs at Lunar Capital, but third-party charges may apply, dependent on the selected method.
- An account is deemed inactive if the account holder has not made a trade or logged in during this period.
- One of the standout features of Lunar Capital is its competitive spreads, which enhance the cost-effectiveness of trading across various asset classes.
- The customer service at Lunar Capital sets a high standard in the industry.
- They can total above $200 per month for low-frequency traders, but Lunar Capital has a program in place for active traders to receive reimbursement for most costs.
Unique Features
The commission-free Standard account shows an average mark-up of 1.15 for the EUR/USD. Connect with an experienced team through these convenient channels. Many users praise Lunar Capital for its high quality customer support. You can contact a support agent 24/5 via live chat, telephone, or email, and support is available in several languages. Of course, you may experience slight delays during peak times, but this isn’t a regular issue. The educational resources available at Lunar Capital are impressive, providing valuable insights that cater to traders of all skill levels.
What is the maximum leverage available for both account types?
Streaming news service is available as one of the twelve plug-ins for MT4, offering traders a valuable service embedded with the trading platform. New traders can benefit from educational resources, including webinars and videos. Lunar Capital also offers an Academy for traders, providing trading courses, live webinars, podcasts, trading guides, and more. Overall, the research & education at Lunar Capital are of high quality and https://lunarcapital.net/ add value to the core trading environment.
- First Prudential Markets (popularly known as Lunar Capital) stands as a beacon of versatility, serving both novice and seasoned traders.
- For those interested in low spreads, the RAW account is advantageous, though standard account users may find spreads slightly less competitive when compared to other top brokers.
- If you are using a credit card, there is no transaction fee for depositing to a MetaTrader account, but there is a 3.18% fee for most currencies if you are using the Iress platform.
- Lunar Capital research tools are designed to provide traders with the insights and analysis necessary to make informed trading decision.
- Traders can benefit from cost-effective trading while knowing what to expect in terms of fees and charges.
Lunar Capital Web Platform
This adds an extra layer of security in case of any financial issues with the broker. Yes, Lunar Capital supports scalping, hedging, and the use of Expert Advisors (EAs). These features provide traders with the flexibility to implement a variety of trading strategies to meet their specific needs. With a low minimum deposit of just $100, Lunar Capital remains accessible to traders of all experience levels. This multi-regulatory framework ensures that the broker adheres to high standards of security, compliance, and transparency.
What are the different account types available at Lunar Capital?
Simultaneously, its extensive range of instruments, low spreads, and advanced trading tools cater to professional traders. However, it’s important to note that Lunar Capital does not currently accept traders from the United States. This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences. Lunar Capital impresses with its user-friendly trading platforms, extensive range of tradable instruments, and competitive fee structure. Its commitment to trader education and unique features, such as comparative analysis and trend exploration tools, enhance its appeal. The broker’s customer support is responsive, while its deposit and withdrawal methods are flexible and secure.
Overall, Lunar Capital is a transparent and trustworthy broker, one of the best out of Australia, and highly competitive globally. Lunar Capital offers a variety of trading accounts with different fee structures. Here is a breakdown of the primary fees and commissions you can expect.
The FP Market’s partnership program stands out as one of the most comprehensive and rewarding options for Forex brokers, affiliates, and money managers. Lunar Capital protects client funds by holding them in segregated accounts. This means that client funds are kept separate from the company’s operational funds, ensuring that your money is protected in the unlikely event of company insolvency. Really happy with the spreads and slippage, it’s really low compared to my previous broker. 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.
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. The platform is reliable, and the trading conditions are favorable. The ease of use and support from the team have made trading seamless. However, there is always room for growth, particularly in expanding educational content and refining some features for a more comprehensive experience.
They have over 600 other CFDs you can trade that have a max margin of 50%. You can get access to 355 share CFDs that are trading with less than 20% margin. In all, there are more than 10,000 different financial products for you to choose from, ranging from indices, equities and commodities. Also, each instrument defines its trading conditions, proposing flexible leverage throughout account settings, and requiring specific margins that you may always check through the Lunar Capital platform. The depth of market (DoM) view is particularly noteworthy since it helps traders grasp market liquidity.
Third-party withdrawal charges may apply, but there is no inactivity fee at Lunar Capital. Founded in 2005, Lunar Capital 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 Lunar Capital does not provide details about the auditor.
However, you should note that an administration fee applies when positions are kept open for two or more trading days in a row. Lunar Capital allows you to trade without restrictions on the MetaTrader 4, 5, cTrader and TradingView platforms. It accepts all trading styles, including algorithmic trading, scalping and news trading. Easily create your own trading robots, or download third-party apps from online marketplaces.
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