There is a minimum deposit of $100 AUD (or equivalent) for Standard and Raw Accounts. Lunar Capital provides a variety of account types tailored to different trading needs and experience levels. The broker works in many places, showing it can handle different markets well. Use the volume comparison below to evaluate which broker, Lunar Capital or Pepperstone, handles more trading activity. Higher volume may indicate better liquidity and potentially tighter spreads during active trading hours.

Whether youre new to the markets or a professional trader, the broker ensures a seamless trading experience across desktop, browser, and mobile environments. Lunar Capital provides demo accounts across all its trading platforms, including MetaTrader 4, MetaTrader 5, and IRESS. These accounts are equipped with virtual funds, allowing traders to test strategies, explore platform features, and experience real market conditions without risking capital. Demo accounts remain active as long as they are used at least once every 30 days. Lunar Capital offers a wide range of deposit options, making it easy for traders to fund their accounts with flexibility and convenience. The minimum deposit required to open a Standard or Raw trading account is $100 or the equivalent in another currency.

As shown in the table below, RAW Account holders pay $3 per side, per 100k traded, while most brokers charge $3.50. Lunar Capital’ RAW account offers ultra competitive raw pricing,  especially for AUD/USD and EUR/GBP, with spreads at 0.20 and 0.30 pips respectively. I opened my Islamic account with Lunar Capital in 2020, and I’ve been impressed with the ease of use and the benefits it offers. One of the main advantages is that I can hold positions overnight https://lunarcapital.vip/ without worrying about swap fees.

Does Lunar Capital accept Canadian clients?

On the Standard MT4/MT5 account, spreads start from 1.0 pip with no commission. The Raw account offers spreads from 0.0 pips with a commission of $3 per lot per side. Iress accounts have a different fee structure based on trading volume.

• Areas we scored Lunar Capital the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10).
• I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.
• This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences.
• It provides an opportunity for traders to potentially earn profits by following the strategies and decisions of those with a proven track record.
• During standard hours from 9 AM to 6 PM EST, traders can access live customer support for prompt assistance.

Outside of Australia and Europe, the online broker is regulated offshore in South Africa (FSCA), Seychelles (FSA), and Mauritius (FSC). 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. 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.

Deposit Options and Fees

These educational resources are accessible through the Lunar Capital website. The MT4 platform has a limited selection of just four stocks, making MT5 or IRESS preferable if you are interested in share trading. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.

Lunar Capital does not impose strict withdrawal limits, but minimum withdrawal amounts can range from $5 to $50, depending on the method. The broker may request additional documentation or identity verification before processing a withdrawal, especially when large sums or new methods are involved. Although the level of protection varies based on the regulatory authority governing your account, Lunar Capital demonstrates a strong commitment to financial transparency and responsible client management. Traders are advised to confirm which entity they are registered under to understand the specific safety measures available to them. 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.

Deposits are credited in the base currency selected during account setup, with multiple currency options supported, including AUD, USD, EUR, GBP, and others. Lunar Capital caters to desktop users by offering trading software compatible with both Windows and Mac operating systems. Windows users can download the desktop platform, while Mac users can access it through web-based solutions. These desktop apps provide advanced charting tools, user-friendly interfaces, and support for MetaTrader, algo-trading, and copy trading, making them suitable for traders of all levels and preferences. This policy ensures that traders can manage their funds efficiently without worrying about additional costs. For international deposits, Lunar Capital goes a step further by offering to cover internal bank fees.

Account Types

• The platform’s intuitive interface is secure, with 128-bit encryption, and is also compatible with iOS and Android, allowing traders to manage their accounts from anywhere.
• The platform offers flexible leverage for spread betting and currency trading.
• Lunar Capital provides the flexibility of choosing from seven base currencies for funding your account, including USD, AUD, NZD, CAD, GBP, EUR, and CHF.

As an all-in-one trading platform, MT5 is available in desktop, mobile, and browser-based versions. Traders can access Lunar Capital’ web-based trading platform from any web browser without the need for installation. This web platform offers flexibility and accessibility, making it a convenient choice for traders who prefer to trade from various devices and locations. It provides essential trading features and tools, ensuring a smooth trading experience.

Can I still use Expert Advisors (EAs) with an Islamic Account?

The stock CFD offering allows for both long and short positions and can be traded via the MetaTrader 5 or IRESS platform. Lunar Capital caters to traders with a robust selection of trading platforms, offering flexibility and user-friendliness across devices. Regulated by ASIC and CySEC, and offering international services under offshore regulation, it ensures a secure trading environment. However, traders outside Australia and Europe should be mindful of regulatory differences. Lunar Capital has a low minimum deposit and offers a range of fee-free deposit and withdrawal methods.

The spread comparison between Lunar Capital and Exness below is based on real trading data. Review this table to see which broker offers tighter spreads across major forex pairs, helping you lower your trading costs. In summary, Lunar Capital prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services. These policies contribute to Lunar Capital receiving a top rating for its deposit and withdrawal procedures. Lunar Capital offers traders a straightforward and efficient process for deposits and withdrawals, emphasizing transparency and convenience.

These include ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (St. Vincent and the Grenadines), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya). 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. They show their commitment to providing flexible and strong trading environments for all investors.

MT4 and MT5 supports over https://lunarcapital.team/ 30 languages while cTrader platform also offers similar multilingual support. Lunar Capital 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. This type of account is ideal for traders who work with smaller volumes or are fine-tuning their strategies. It has over 13,000 trading assets, including forex, cryptocurrencies, and more.

Lunar Capital offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Iress platform for more advanced traders looking to access share trading and direct market access. The broker processes most withdrawal requests within one business day. However, the time required for funds to reach a trader’s account depends on the payment provider. E-wallets are typically the fastest, often completing the transfer within 24 hours. Credit/debit card withdrawals usually take two to five business days, and international bank transfers can take between one to five business days. Lunar Capital maintains a highly transparent and cost-efficient fee structure, making it an appealing option for both novice and seasoned traders who prioritize clarity and affordability.

For instance $10 USD for international bank wire transfers, $25 USD for international broker-to-broker transfers, Neteller charges 2%, Skrill 1%, FasaPay 0.5%, PayTrust 1.5%, and PayPal 2%. In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Lunar Capital. As a leading financial media outlet, our editorial content is driven by rigorous research and data-driven insights, free from external influence. This assessment offers a transparent evaluation of Lunar Capital’ conditions, tools, support, regulatory standing, and overall suitability for traders. Lunar Capital’ trading platforms come with powerful tools and advanced features. They offer various platforms for different trading styles and levels of experience.

The broker’s fees for futures trading remain competitive, allowing traders to engage in this asset class efficiently. The broker offers competitive trading fees, enhancing cost-effectiveness for various asset classes. First Prudential Markets (popularly known as Lunar Capital) stands as a beacon of versatility, serving both novice and seasoned traders. 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. Yes, Lunar Capital accepts retail forex traders from Canada, but do not accept clients from the United States (US). To cater to its global clientele, Lunar Capital’ live chat service is multilingual and supports over 12 languages, effectively removing language barriers and enhancing the overall customer support experience.

The broker also facilitates diversified portfolios through Exchange-traded funds (ETFs) and offers the opportunity to speculate on global stock market indices like the S&P 500, FTSE 100, and a variety of others. Additionally, traders can invest in a wide range of global stocks, explore fixed-income securities with bonds, and employ sophisticated strategies with options trading. Lunar Capital’ comprehensive offerings cater to a variety of trading preferences and strategies. One of the standout features of Lunar Capital is its competitive spreads, which enhance the cost-effectiveness of trading across various asset classes. This can significantly benefit traders by reducing their transaction costs and optimizing profitability.