Traders at LunarCapital Gain Dispute Coverage Following Financial Commission Approval
To open an account with LunarCapital, you’ll need to provide proof of identity and proof of address. This process allows LunarCapital to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices, such as money laundering. LunarCapital is licensed by the Australian Securities and Investment Commission and the Cyprus Securities and Exchange Commission. Both are top-tier regulatory authorities, making LunarCapital an incredibly safe broker. Yes, all educational resources, such as courses, ebooks, and webinars, are free for LunarCapital clients.
Luka Knezic, Co-Founder of TradeLocker, at an iFX panel
- The Standard account has no commissions and spreads starting from 1.0 pips, ideal for beginner to intermediate traders.
- One of the users on Reddit has praised the MT4 platform by LunarCapital and the trading conditions set by the brokerage.
- Our LunarCapital review team was pleased to discover that this broker deserves all the customer service awards it has won.
- Alongside an MT4 account, this broker also offers access to their IRESS platform.
- LunarCapital follows the code of conduct imposed by these regulatory bodies.
We are not liable for losses that resulting from the information provided on our site. Suffice to say that our LunarCapital review found evidence of a clean track record and a solid reputation as the best forex brokers. CTrader is aimed at advanced traders, offering Level II market depth, server-side stop orders, and an integrated cAlgo for C# robots.
It has its headquarters in Sydney, Australia, and is regulated by the Australia Securities and Investments Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This multi-regulated broker offers online trading services across various financial markets through a single account. LunarCapital’ trading instruments, totaling 10,300+, include 60+ forex pairs, 10,000+ stocks CFDs, 19+ indices, 16+ commodities, 290+ ETFs and 2+ bonds. Notably, 5+ cryptos are also available to trade on the broker as CFDs.
The scores provide a quick reference but do not reveal all the nuances—continue reading the review to explore detailed arguments and real test cases. Later, a European division under a CySEC license and a South African entity under an FSCA license joined the Australian company, transforming LunarCapital into an international brokerage group. Versus, comparison pages of alternative online brokers to LunarCapital are listed below. These educational resources are accessible through the LunarCapital website. Outside of Australia and Europe, the online broker is regulated offshore in South Africa (FSCA), Seychelles (FSA), and Mauritius (FSC).
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They are able to stay connected to the markets and execute trades on the go. With seamless synchronization between desktop and mobile platforms, traders can manage their positions and monitor market movements with ease, ensuring they never miss out on trading opportunities. Beginner traders have access to quality educational content, in-house research, services provided by Trading Central, copy trading, and retail account management.
Deposit Options and Fees
It features a depth of market display, has six pending order types (including Buy Stop Limit and Sell Stop Limit), is an improved strategy tester for EAs, and has a built-in market of trading apps. It has Time & Sales (exchange data) and trading alerts with e-mail and pushes notifications on mobile devices. MetaTrader 4 (MT4) is known to be the world’s most popular trading platform. LunarCapital has chosen this platform not only for its popularity but as well as for its flexible trading conditions, ultra-tight spreads, and fast execution.
- It doesnot issue guarantee letters, and its services are free for clients of memberbrokers.
- LunarCapital provides a competitive pricing model tailored to suit a range of trading styles.
- MT4/MT5 allow Expert Advisors; cTrader supports cAlgo (C#); VPS hosting and FIX API access are available for automated strategies.
- The ‚Filter‘ tab allows you to select only the currencies or indices of interest, and the time is automatically converted to the user’s time zone.
- Lastly, reviewing Real Traders Reviews and Comments we mainly find excellent marks and regards of Brokers operation, confirming its solid background and stability along the time.
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. All 4 LunarCapital mobile apps are optimized for mobile phones and remain user-friendly. They are ideal for monitoring portfolios on the go, managing existing positions, and copy trading. Given the relatively small screen, mobile apps are best for portfolio management rather than complex trade analysis, but MT4, MT5, and cTrader offer advanced, technical, analytical suites. None support algorithmic trading, only available on the desktop versions of MT4/MT5 but included in the cTrader web-based platform. LunarCapital offers a range of trading accounts to cater to the diverse needs of traders.
With 20+ years of experience, robust regulation, and advanced tools tailored for both beginners and professionals, it’s an excellent choice for serious traders seeking performance, transparency, and value. You can trade using MetaTrader 4, MetaTrader 5, cTrader, TradingView, and a fully functional mobile app. These platforms are supported across Windows, macOS, iOS, and Android. 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.
What Reddit Users Say About LunarCapital
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are both excellent platforms for Forex and CFD traders, with MT5 offering more advanced features and a broader asset range. TradingView provides sophisticated charting and social trading capabilities, while cTrader is tailored for both technical traders and those looking for fast execution. WebTrader offers flexibility for traders who need access from any device, and the LunarCapital mobile app delivers a seamless trading experience on the go.
TradingView is a leading charting and analysis platform widely used by traders and investors across the globe. Known for its user-friendly interface, it offers advanced charting tools and over 100,000 public indicators, making it accessible for traders of all levels. LunarCapital offers a flexible and inclusive account structure for traders of all levels and backgrounds. LunarCapital provides free demo accounts that simulate live trading conditions, allowing traders to practice using MT4 or MT5 with zero financial risk. Our LunarCapital review research indicates that they offer free VPS as a promotion. To request the free VPS, you will need to deposit a minimum of $500 or trade over ten lots on a standard account or 20 lots on the raw account.
All clients can trade using MetaTrader 4 and MetaTrader 5, including the WebTrader and mobile versions of these platforms. Certain international clients will also be able to access the Iress suite of trading platforms and tools, which include a downloadable app, a web-based platform, and a mobile one. LunarCapital provides a competitive pricing model tailored to suit a range of trading styles. The broker Lunar Capital forex broker offers two main account types with distinct fee structures. 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.
We transferred funds from the account back to our debit card, and it was completed in under 24 hours. Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts are also available. LunarCapital cannot accept clients from certain countries such as the United States of America, Japan, North Korea, Iran, Iraq, Belgium and some regions in Canada. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform.
Compared to the other brokers on the market, this level of analysis is nothing short of impressive. The complete https://lunarcapital.team/ Iress suite contains Iress ViewPoint, Iress Trader, and Iress Investor (for when you want to do some Direct Market access trading). With this platform, you will get many of the same features that MetaTrader has. For example, on MT5, you will be given a stunning 61 pending order types, market depth, automated trading using Expert Advisors, and tools from the MQL5 community.