LunarCapital does not charge internal withdrawal fees, but external payment providers (like international banks or e-wallets) may charge transaction fees. Traders can withdraw funds using the same range of payment methods offered for deposits. According to anti-money laundering (AML) regulations, withdrawals must be made using the same method and up to the same amount as the initial deposit.
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. LunarCapital may charge overnight funding fees, which vary depending on the position held.
- LunarCapital maintains 21 withdrawal options, including bank wires, credit/debit cards, Neteller, Skrill, Fasapay, Paytrust88, Ngan Luong, and broker-to-broker transfers.
- Processing is typically completed within one business day, but the actual transfer times vary by method.
- They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements.
- Iress is compatible with Windows and Mac devices and can be accessed from any modern browser.
Excellent customer support with 24/7 availability
Clients can access the trading tools from the back office of their trading account. They offer negative balance protection which ensures that clients cannot lose more than their account balance. However, this protection is not universally available and applies only to certain clients based on their jurisdiction. LunarCapital offers free educational videos, training guides, live webinars, podcasts, events, platform tutorials, eBooks, a trading glossary and newsletters. We had a positive trading experience with LunarCapital, with consistently swift execution on our trades. While trading highly liquid instruments during both the European and US sessions, we observed some positive price improvement and encountered a 1 pip slippage on an overnight trade when liquidity is typically lower.
LunarCapital has received numerous awards over several years, highlighting its strong position in the forex and CFD brokerage industry. 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.
Forex Fees
This compensation does not apply to international clients, who should take note of the differing levels of protection depending on jurisdiction. You can contact LunarCapital through live chat, email, phone, or via a call-back service. Help is offered in a variety of languages, and when we reached out, we found the staff to be knowledgeable, friendly, and quick to respond. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds. Areas we scored LunarCapital the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10). Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch. LunarCapital offers traders a competitive commission-based cost structure, quality trading tools, deep liquidity, and fast order execution.
Deposit Options and Fees
Copy trading in forex is a method where traders can automatically replicate the trades of experienced and successful traders in their trading accounts. This approach allows less experienced traders to benefit from the expertise of seasoned traders without needing to actively manage their trades. It provides an opportunity for traders to potentially earn profits by following the strategies and decisions of those with a proven track record. LunarCapital is a globally respected online Forex and CFD https://lunarcapital.vip/ broker known for its institutional-grade trading conditions, deep liquidity, and consistently low spreads. Established in 2005 and headquartered in Australia, LunarCapital has earned a solid reputation for offering reliable, transparent, and efficient trading services to a global clientele.
MT4/MT5 and cTrader are available as desktop clients, a webtrader, and a mobile app. The out-of-the-box MT4/MT5 versions remain substandard, but LunarCapital offers twelve plug-ins with its Trading Tools package, plus the Autochartist plug-in and Trading Central services. It delivers a competitive edge to traders at LunarCapital from a trading platform perspective.
Additionally, you can trade a variety of stock CFDs, although options like mutual funds and futures are notably absent. One thing that’s particularly beneficial is the absence of time constraints on the demo account. Still, LunarCapital secured the 10th spot among 20 brokers, confirming it as a broker with effective execution speeds. Our ranking process includes detailed testing of execution speeds in different trading situations to guarantee the precision and dependability of our results. 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.
What products does LunarCapital offer?
The broker’s fees for futures trading remain competitive, allowing traders to engage in this asset class efficiently. First Prudential Markets (popularly known as LunarCapital) 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.
Non-Trading Fees
Recordings are uploaded to the client portal, so you can watch them at your convenience. The proprietary calendar aggregates data from 35 countries and ranks events by impact (Low/Medium/High). 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.
- Compare LunarCapital with the top 3 similar brokers that accept traders from your location.
- The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends.
- Overall, LunarCapital is a strong choice for traders of varying levels of experience.
- LunarCapital also earned Best in Class honors for Commissions and Fees in our 2025 Annual Awards.
Next, the system will ask you to confirm that you are not a U.S. tax resident, and to select your account’s base currency along with your preferred trading platform. LunarCapital maintains 21 withdrawal options, including bank wires, credit/debit cards, Neteller, Skrill, Fasapay, Paytrust88, Ngan Luong, and broker-to-broker transfers. The withdrawal process remains swift and hassle-free, earning LunarCapital a top rating in this category.
The most recent expansion includes a proprietary copy trading service, LunarCapital 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. LunarCapital offers a low cost trading experience, with tight spreads and low commissions. The Standard account doesn’t charge any commission but the Raw account does, depending on the trade you make.
The broker may request additional documentation or identity verification before processing a withdrawal, especially when large sums or new methods are involved. The availability of these methods may vary depending on the trader’s country of residence. However, bank wire transfers and some alternative methods may take up to five business days to clear. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
LunarCapital offers a Raw ECN Lunar Capital review account with spreads from 0.0 pips and a $3.00 commission per lot round turn. The broker maintains client funds in segregated accounts, protecting them from operational risks. While European clients under CySEC have the added benefit from the Investor Compensation Fund. They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements. These include ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (St. Vincent and the Grenadines), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya). Overall, LunarCapital makes it easy to withdraw funds, but traders should check the fees and limits involved to ensure a hassle-free experience when accessing their funds.
Here is a screenshot of a live LunarCapital MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Traders should always trade with a regulated broker but ensure that the trading environment remains competitive. Australian clients will deal with the subsidiary, regulated by the Australian Securities and Investments Commission (ASIC) – a tier 1 regulator, First Prudential Markets PTY LTD. 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).
At the time of this review, LunarCapital neither provides bonuses nor grants special promotions. Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.