There is also a number of different e-wallets for you to choose from, such as Skrill, BPAY and PaySEC. Generally, you will not be paying fees to MetaTrader account, but the e-wallet fees to the Iress platform will range usually from 3-4%. The account opening process at LunarCapital follows well-established industry practices but requires some more data than many international competitors. New traders should familiarize themselves with the top menu icons, which offer several advantages. Here is a screenshot after launching the LunarCapital MT4 trading platform following installation, without modifications. Here is a screenshot of swap rates at LunarCapital for the EUR/USD from the MT4 trading platform.
LunarCapital may charge overnight funding fees, which vary depending on the position held. LunarCapital clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC. LunarCapital ensures the safety of client funds by segregating them from its operating capital, meaning your money is kept separate and protected from any company liabilities. Demo accounts are available and are initially set to expire after 30 days of inactivity. However, they can remain active indefinitely as long as the account is regularly utilized.
Most of LunarCapital’ research is found under the Traders Hub blog section on its website, where it is separated into technical and fundamental analysis. When compared to the best brokers for research, LunarCapital has room to improve and could enhance its research offering by expanding it to include a wider array of daily content. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Some brokers don’t hold pending orders on their servers and instead require your trading platform to stay open.
For serious algorithmic traders, IG provides a competitive package that delivers speed and reliability as well as being rated as the best overall forex broker for 2025. Starting in Equinix NY7, the company expanded to NY4 (New York) and LD4 (London), giving traders direct access to key financial hubs and helping reduce execution delays. A good broker should have competitive pricing, access to a wide variety of markets, a reliable platform, and strong customer support. Remember to keep regulation, transparency, and alignment with your trading goals at the very top of your priority list as you look for a CFD broker. IC Markets is a leading CFD broker known for its ultra-low spreads starting at 0.1 pip and high-speed execution supported by institutional-grade liquidity.
Popular Forex Guides
The broker is regulated by the SCA (UAE) and the FSCA (South Africa), ensuring compliance with international standards. Moneta Markets also supports Islamic accounts, providing swap-free options for traders adhering to Sharia law. With a fast account setup, reliable customer support, and a 50% Cashback bonus for accounts funded with $500 or more, it remains a favorite for CFD traders.
Trading Fees
LunarCapital also supports both VPS providers and waives the fee for Active Trader clients with at least $25,000 in their account and qualifying volume. Backed by a team of over 70 staff globally, ForexVPS.net is a strong choice for traders seeking a reliable, flexible, and globally distributed forex virtual private server solution. Steven Hatzakis has been reviewing forex brokers for nearly ten years and has 25+ years of experience as a forex trader. His broker reviews are unbiased and independent, and his expertise is sought after for global FX conferences and speaking events around the world. One of the advantages of Forex trading is its high liquidity, allowing traders to enter and exit positions with ease. Additionally, the ability to trade on leverage can amplify profits, but it also increases the potential for losses.
LunarCapital uses an ECN for Forex on Raw accounts, providing direct pricing from top-tier liquidity providers with no markup. For certain CFDs and Equities, they offer Direct Market Access (DMA), allowing real-time access to live market prices straight from exchanges. Withdrawals are processed immediately, but the time it takes for funds to reach the trader’s account depends on the bank or payment provider. Processing is typically completed within one business day, but the actual transfer times vary by method. E-wallets are usually the fastest, while bank transfers may take one to five business days, and credit/debit card withdrawals typically require two to five business days.
Does LunarCapital offer a demo account to practice trading?
- However, its leveraged nature calls for careful planning, strong risk management, and a deep understanding of market dynamics.
- LunarCapital offers a large number of tradable instruments including over 70 currency pairs.
- With a diverse array of instruments and account types, the Australia-based company caters to all, making it a valuable ally in the world of online trading.
- It is one of the largest and most liquid financial markets globally, with a daily trading volume exceeding $6 trillion.
- Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
If you’re far from your broker’s servers, a VPS hosted near their infrastructure can reduce delays in order execution. This can make a real difference for high-frequency or scalping strategies that rely on precision and speed. Where a forex VPS can become a pivotal tool is with algorithmic trading. I’ve used one myself for this reason, and the uninterrupted connection was critical for consistency.
Customer education and support
Contracts for Difference, or CFDs, are likely among the most popular financial instruments as they allow traders to take flexible access to global markets with the use of leverage. CFDs permit speculation in the price movements of assets such as stocks, indices, commodities, Forex, and cryptocurrencies without actually holding the underlying asset. Such flexibility, coupled with the facility of trading on margin, makes CFDs attractive to both retail and professional traders. 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.
- LunarCapital also offers an Academy for traders, providing trading courses, live webinars, podcasts, trading guides, and more.
- Forex trading offers advantages, including high liquidity, low transaction costs, and the ability to trade on leverage, which allows traders to control larger positions with a small amount of capital.
- No, LunarCapital is ASIC-regulated in Australia but does not have NFA/CFTC approval and is not configured to accept US persons as clients.
- LunarCapital 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).
- This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences.
Copy trading
LunarCapital operates under the protection of the Act of Grace mechanism under section 65 of the Public Governance Performance and Accountability Act 2013. Australian clients remain shielded from potential damages by the Scheme for Compensation for Detriment caused by Defective Administration (CDDA Scheme). LunarCapital is a reliable, award-winning broker with an excellent reputation for customer support and a competitive product offering. LunarCapital is an award-winning broker with an outstanding reputation in the Forex & CFDs industry. They have won awards for trader satisfaction, trade execution, customer service, and value as well as winning the “Best FX Broker Australia” award.
What is Forex trading?
These apps feature a user-friendly interface and robust functionality, enabling traders to manage their accounts and execute trades seamlessly from their smartphones and tablets. LunarCapital caters to traders with a robust selection of trading platforms, offering flexibility and user-friendliness across devices. LunarCapital provides multiple trading platforms, including MT4, MT5 and cTrader, each supporting a variety of languages to accommodate its global clientele. MT4 and https://lunarcapital.net/ MT5 supports over 30 languages while cTrader platform also offers similar multilingual support.
While there’s no account inactivity fee, it’s essential to note that other fees might apply. When we opened our account, a Client Account Manager contacted us, provided their direct contact information, and offered help whenever needed. LunarCapital has received numerous awards over several years, highlighting its strong position in the forex and CFD brokerage industry. LunarCapital 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).
Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
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