Traders can use a variety of industry-leading trading platforms to access global markets and manage their portfolios. Traders can also access the global markets with Iress suite’s state of the art trading platforms with a $55 monthly fee, including GST. LunarCapital help traders by providing various sophisticated trading tools embedded in all trading platforms.
Trading Products
Clients can access the trading tools from the back office of their trading account. The $4.00 per trade difference adds up over time and trading volume, allowing traders to save hundreds and even thousands in fees per month. LunarCapital offers Islamic traders the option of opening an Islamic account.
The LunarCapital IRESS Platinum account is also available in Australia only, and again provides access to stock trading as CFDs on the ASX stock exchange. The minimum deposit for this account type is $25,000 though the account comes with a number of added benefits suitable for higher volume stock traders. This means you can trade with no risk at all to your real funds, and with no obligation to deposit or start a live trading account. It is also a great way to get to know a broker since a demo account replicates the exact trading conditions of a live trading account, without the risk.
What are the different account types available at LunarCapital?
It can send you an alert notification when there is a signal for you to act accordingly. This brilliant tool can literally save you from hours of mundane chart analysis. It is worth noting that you can get Autochartist through some other brokers including Forex.com, who incidentally also happen to have the equally superb Trading Central software. Both tools can be accessed directly via the client portal for ease of use, or via supported trading platforms such as MetaTrader and cTrader.
In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, LunarCapital ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. LunarCapital cTrader is a top-of-the-line multi-asset trading platform that provides advanced order types, charting tools, LunarCapital level II pricing, and fast execution. The LunarCapital cTrader platform’s intuitive dashboard is accessible from various devices, making it a state-of-the-art infrastructure for LunarCapital traders. MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
A conversion fee may be charged if your deposit currency does not match a supported base currency though the broker offers many base currencies so this is usually not an issue. Here is a look at the minimum deposit and all of the LunarCapital deposit methods that are available when you trade with the broker. As a trader you will be glad to find that LunarCapital provides for a good range of account types.
- Since they are a CFD broker, you can only trade shares as CFDs with LunarCapital which some may find a drawback though the execution is DMA so you will be assured of the best prices with minimal interference.
- With high-risk leverage, a small sum controls a much bigger financial position.
- Overall, I believe that they are one of the best CFD brokers with a fantastic range of trading products and services to meet the needs of traders of all experience levels.
- It’s recommended that you check the LunarCapital website before signing up.
- No fees are charged by LunarCapital, but intermediary bank fees may apply.
- Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Forex
Depositing money into your account can be done through a wide range of methods. LunarCapital only allow deposits from the accounts that were opened under the name of the trader in question. All payment methods accept different currencies and work in different regions, so it’s up to the client to choose the method that is suitable for them. LunarCapital allow their clients a series of ways to fund/withdraw from their accounts.
Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
LunarCapital IRESS Premier Account
This selection includes 3 metals and 2 energies with no agricultural assets available. We will now take a more in-depth look at all of the markets you can expect to be available when you trade with LunarCapital. As they are a CFD broker, every asset listed is traded as a CFD and there are more than 10,000 in total available.
The broker also has a partnership with financial institutions to ensure competitive margins at just 1% with zero commissions. The trading platforms for trading indices are MetaTrader 4 and MetaTrader 5. Alongside its diverse platform options, LunarCapital offers extensive educational resources to support traders.
LunarCapital Metatrader Standard Account
LunarCapital is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to LunarCapital, money is in a segregated bank account that is separate from LunarCapital company’s funds. As a regulated broker, LunarCapital cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by LunarCapital. Instead, your LunarCapital funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with LunarCapital.
- The method chosen by the client can affect the time taken for the withdrawal process.
- In practical terms, I encountered GBP/USD spreads at 1.9 pips on the Standard account compared to 0.8 pips on the Raw account.
- LunarCapital is a multi-regulated broker that has been serving the needs of traders for over 17 years.
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Tradable Instruments
On the other hand, you can get spreads from just 0.0 pips and pay a very competitive commission fee when trading with a raw account. The commission fees are slightly below the industry average so you could make a saving in the long run. Investors who are keen to trade stocks will find LunarCapital very cost effective with its Iress account. Investors with considerable volumes, such as $25,000, $50,000, are charged monthly fees of $55 on the Iress ViewPoint platform. However, when you consider the abundance of premium products and tools that you get access to, I think it is well worth it.
A wire transfer fee of up to $10 may be charged, and an eWallet fee of up to 2% may also apply depending on the method. LunarCapital withdrawal methods in fact are all the same as the deposit methods listed above when https://lunarcapital.net/ it comes to availability. Typically withdrawals can take up to 24 hours to process, though this can vary slightly depending on the method you choose.
The method chosen by the client can affect the time taken for the withdrawal process. Any withdrawal made through credit cards, debit cards or domestic bank wire will take only 1 business day while international bank wire can take up to 5 business days to process payments. Below in this review, you will find a step-by-step guide to opening an account on the mobile trading app. Cryptocurrency is one of the most exciting asset classes and provides endless growth investment opportunities to clients.