Lunar Capital also earned Best in Class honors for Commissions and Fees in our 2025 Annual Awards. It’s worth noting that Lunar Capital’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full depth of book available within the platform. That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. The online account opening process remains straightforward, but Lunar Capital collects more data than some other brokers. It does offer traders to complete the first step via a Google or Facebook account. The application grants access to a clean back-office, from where traders can manage all their trading accounts and financial transactions.
- The Standard Account is perfect for traders who prefer no commission fees, with spreads starting from 1.0 pips.
- I’m consistently impressed by Lunar Capital’ dedication to providing extensive market analysis that helps me refine my trading strategies.
- Here is a screenshot of swap rates at Lunar Capital for the EUR/USD from the MT4 trading platform.
What are the minimum deposit requirements for trading with Lunar Capital?
For individuals who would rather communicate directly, Lunar Capital offers phone support with assigned numbers for different areas so clients may reach out anywhere. Traders and investors also able to trade the Mexican Peso (MXN), Brazilian Real (BRL), and South African Rand (ZAR) against the US Dollar through the MT4 & MT5 Trading Platforms. The additional offering increases the total number of currency pairs available to trade at Lunar Capital. For its MT4 or MT5 accounts, Lunar Capital does not impose a monthly or annual account fee. The Iress platform charges a $55 monthly fee; this is removed should the account show at least $200 in monthly commissions or retain a balance of $50,000. Lunar Capital offers an extensive range of over 10,000 tradeable products across various asset classes including forex, cryptocurrencies, stocks, indices, ETFs, commodities, bonds, and metals.
Lunar Capital has been instrumental in my trading journey with its reliable execution and competitive spreads. Their platform’s efficiency makes managing trades effortless and effective. Withdrawals are processed via the Secure Client Portal using the same method as the initial deposit. No fees are charged by Lunar Capital, but intermediary bank fees may apply.
You may also trade through your browser or TradingView if you prefer. Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You’ll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on https://lunarcapital.net/ stocks and government bonds through over 40 ETFs.
- Both account types feature ECN pricing and grant access to platforms such as MT4 and MT5, along with mobile apps and VPS services for enhanced trading performance.
- Forex traders get 70+ currency pairs, and diversification opportunities exist via cryptocurrencies, commodities and metals, indices, equity CFDs (available through the MT5 trading platform), and bonds.
- Yes, Lunar Capital is generally considered a legitimate and reputable forex broker.
- Lunar Capital does not accept clients from the United States of America due to strict regulatory rules imposed by the Commodity Futures Trading Commission (CFTC ) and National Futures Association (NFA).
Withdrawal Fee
The most recent expansion includes a proprietary copy trading service, Lunar Capital Copy Trading. VPS hosting is available, but minimum requirements exist to receive it free of charge. On the downside, the Iress trading platform remains geographically restricted and subject to non-trading related fees unless traders fulfill monthly trading volume requirements, which adds pressure to trade. The asset selection for MT4/MT5 traders consists of more than 250 trading instruments, an adequate level of choice for most traders.
What are the key differences between the Standard Account and the Raw Account?
Outside of Australia and Europe, the online broker is regulated offshore in South Africa (FSCA), Seychelles (FSA), and Mauritius (FSC). 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. In our Execution Speeds testing, Lunar Capital achieved market order speeds of 96ms, better than the industry’s 134ms average, although its limit order speed was slower at 225ms.
Lunar Capital deposits and withdrawals are free, easy and instant (if you pay by card or cryptocurrency). Its Raw account, designed for experienced traders, has a low $3 commission per lot, per side, and spreads from 0 pips. Lunar Capital shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader, TradingView, or cTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform and is generally a much pricier option.
Customer reviews
Lunar Capital is a global Forex and CFD broker that offers a comprehensive trading platform for a wide range of financial instruments. Traders can access various markets, including Forex, stocks, indices, commodities, cryptocurrencies, and more, all through a single account. Lunar Capital operates on a clear commission structure defined by account type. While the Standard account usually does not have a commission but rather includes spreads starting from 1.0 pips, the broker charges $3 per side for each lot for its Raw account. The Raw account appeals especially to high-frequency traders because of its reduced spreads and clear pricing. Lunar Capital also offers traders rebate chances so they may recoup some of the expenses related to trading activity.
However, Lunar Capital lacks passive income options like interest on idle balances, which some competitors offer. Lunar Capital is a good option for both new and seasoned traders since it combines low-cost trading with an extensive range of tools and information. Live chat, phone, and email support is provided 24/7 customer service from Lunar Capital. Although their help is usually receptive and informative enough, brokers like Pepperstone have been praised for their quality of customer service alike. Another good addition we found, is that Lunar Capital gives back to their clients by reimbursing VPS purchase.
A currency conversion fee will be imposed if the base currency of an Lunar Capital account differs from the currency denominated of the asset being traded. Although the conversion rate is competitive, overall trading expenses should take fee into account. For Iress accounts, a higher minimum deposit of 1000 AUD is required in Australia. In conclusion, Lunar Capital’ commitment to educating traders is commendable. By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. Overall, Lunar Capital offers a competitive fee structure, as well as transparency, and flexibility.
Overnight Funding Fee
The regulatory status is indeed the most important measure while choosing a Broker, as in simple words it means a client is treated fairly and safely according to international laws and requirements. So with Lunar Capital sign up as being regulated broker there are various safety measures applied. For beginners we would strongly advise the Broker for the priceless educational materials Lunar Capital provides, the availability of Demo Account and Perfectly Organized community and Blog sections. The market analysis, seminars, webinars, video tutorials are of excellent quality, where market research is suitable for traders to improve trading knowledge and skills. With its multilingual support team available 24/7, Lunar Capital underscores its dedication to providing exceptional customer service, ensuring a seamless and supportive trading environment for all its clients. Lunar Capital offers a broad selection of over 10,000 products across multiple asset classes, making it a versatile choice for traders looking for extensive trading options.
The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. Platform is Excellent Choice Specially for MT5 and Very Tight Spread for MT5 on RAW Account fast withdrawal like 5 to 6 hours via Dragon Pay.
These resources include courses, webinars, podcasts, and eBooks, designed to assist traders at every stage, from beginners to more advanced users. The broker’s multi-regulated status, commitment to customer support, and industry-leading technology further elevate its reputation. If you’re looking for a reliable and flexible trading platform with a variety of tools, Lunar Capital is a top choice. One of the only drawbacks to their offering is the charges they have on deposits and withdrawals when using their Iress platform. Otherwise they have a quality customer support team, competitive price and a great reputation in the sector for serving the needs of their customers.