LunarCapital’s demo account gives traders a realistic, zero-risk environment to explore Forex markets. Using real-time data and full platform functionality, you can practise strategies, test bots, or compete in demo contests – without risking actual money or time limits. Forex pairs, metals, indices, energies and cryptos are all available, but traders looking for single stock names will be disappointed. With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets. LunarCapital FX gives priority to customer support and helps through different means. Live chat and email are the available ways for traders to get in touch with customer support.
However, the range of available methods for the region where the review was conducted from is not very broad, as transfers and credit cards (debit) are not available. Still, the experience with cryptocurrencies was quick, successful, and efficient. Withdrawals must be made using the same methods as deposits, meaning all available deposit methods can also be used for withdrawals.
How do I earn and redeem gifts through LunarCapital’s rewards program?
Along with LunarCapital FX trading, we have also reviewed the top forex brokers in the world. Our Best Forex Brokers review outlines the best of the best, and what makes them stand out. LunarCapital has made significant progress in a relatively short period of time. Since entering a very competitive market eight years ago, it has built up a client base of almost one million traders and won a host of industry awards. Such success is built on developing an approach that is, first and foremost, trader focused. One way in which LunarCapital leads the sector is its willingness to share data on its own operations.
The web-based platform offers quality charts, allows for the placement of technical indicators and lines, and supports alerts that arrive as notifications from the broker. However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool. In our review, the entire withdrawal process took less than 35 minutes. We accessed the withdrawal section in the dashboard, where we entered the amount and selected the method, in this case, Tether (TRC20). The options mirrored those available for deposits, although, as expected, the only method available for withdrawals was the one we used for depositing funds.
This physical office presence is still quite light compared with other major brokers, but LunarCapitalFX does offer trading worldwide. Still as a trader, you can bank on the legitimacy and security provided by CySEC regulation. The MetaTrader 5 Web Platform (Web Trader) is a slightly stripped-down version of the desktop platform. It allows you to trade without any additional software, only an internet connection is required. The Web Platform allows users to trade directly from any browser and operating system. No, LunarCapital does not accept clients from the United States due to regulatory restrictions.
Tight spreads and no commissions make this one of the more affordable forex brokers. This combined with no fees for withdrawals, and no inactivity fee makes this a straightforward platform in terms of pricing. They offer tight spreads with pips as low as 0.6 pips for all accounts. There are also no fees for withdrawals, deposits, or inactivity. LunarCapital also offers social copy trading, which is great for beginning traders.
- You can practise at your own pace, top up virtual funds any time, and experiment with trading strategies until you’re confident enough to open a real account.
- They are available with trading through MT4 and MT5, though the broker does charge an additional mark-up fee to cover for the rollover fee which is not in place.
- The broker used to be regulated by one of the best regulators yet they lost it and now their regulation is under review.
- While the free webinars allows clients to learn from veteran traders one-on-one, at a scheduled time.
LunarCapitalFX utilizes all of the tools that are in place with your trading platform to help you to do this. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
LunarCapitalFx Review 2025: Platforms, Apps, Safety, Pros & Cons
The broker offers three main account types; LunarCapitalFX MT4, LunarCapitalFX MT5, and LunarCapitalTrader. The score for this category was weighed down because only one base currency is available (USD) and there is no option for a raw spreads account. LunarCapital has competitive spreads in some instruments such as EUR/USD and impressive research written by in-house analysts. Moreover, LunarCapital is a crypto-friendly broker – traders can choose from 34 CFDs on cryptocurrencies and make deposits and withdrawals in crypto.
Traders can access a wide range of currency pairs, popular CFDs including silver, gold, crude oil, indices, and trade 30 cryptocurrencies. LunarCapital offers low spreads, various commission-free deposit and withdrawal methods, and negative balance protection. In addition to currency pairs, metals and CFDs, here you can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple cryptocurrencies. The terminals are compatible with any device with internet access and they support all major tools, including one-click trading, advanced charting, and technical analysis. LunarCapital uses modern technologies to protect the transactions and personal data of customers.
Comparison of LunarCapital with other Brokers
Withdrawing from my account was also fast, according to my account manager each withdrawal takes roughly 2 hours to get approved. Once approved you can expect the funds to be in your bank account/wallet within 30 minutes which is extremely good service in my opinion. It is regulated by the FSC in Mauritius, the Mwali International Services Authority (MISA), and CySEC for European traders. The broker has also been operating for 12 years, which is a strong signal of safety in my book. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks.
Indices
- I like that it updates in real-time and displays on your charts which I found useful to avoid opening trades during high-impact announcements like US GDP or Non-farm Payrolls.
- For the credit/debit cards as well as bank wire, it is not possible to take out amounts that are less than 50 Euros, while Skrill allows for a minimum of five Euros.
- You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported.
- Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
- They currently offer more than 300 trading instruments, but this is still small compared to other major forex brokers.
- But the core of the LunarCapital offering is the provision of convenient, efficient, cost-effective access to the markets.
Considering the platform’s focus on emerging markets, social trading offers a safer way to explore these markets. Social trading isn’t foolproof, but following experienced traders is often safer for new investors. All of the platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers, and the LunarCapitalTrader platform is developing a following of it’s own. It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. LunarCapital gives a high priority to analysis and education for both new and experienced traders to its platform, having won a couple of awards in 2023 for ‘best education broker’.
To enable multiple withdrawal methods, a new deposit using a different method is required. The processing time can vary from 30 minutes to three business days, depending on the method and conditions. Withdrawals can be initiated from the website dashboard or through the mobile app. LunarCapital does not charge fees for deposits or withdrawals, nor does it impose commissions on trades. One of the standout features of LunarCapital is that it does not charge swap fees.
An 11-lesson course on forex basics is available in video format and makes a good primer for new traders. LunarCapital also provides platform tutorial videos, https://lunarcapital.team/ which cover getting started with MetaTrader, using your personal account area, and copy trading. The education section on the LunarCapital website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced.
To open an account with LunarCapital, click the Open Account button at the top right of the homepage, or access the registration form through the signup page link. Besides flexibility, FXOpen outshines LunarCapital in terms of regulation. You can learn more about how this broker performs with our FXOpen review. The number of instruments on offer is relatively limited, and areas of the site could do with being more transparent as it can be LunarCapital scammers hard to pin down certain facts. The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK.
LunarCapital Group is regulated with Tier 2 regulator CySEC – Cyprus Securities and Exchange Commission. One of their entities is also registered in South Africa regulated under FSCA. But their SA entity is not approved as an ODP (their local entity have not applied for ODP licensing).
You can download the MT4 and MT5 on iOS and Android mobile trading apps directly from Apple Store or Google Play. Alternatively, you can also download them from the LunarCapital website that offers step-by-step useful installation instructions. The spreads for most instruments are about the same with both the account types at LunarCapital. Your key to opening the trading world free from danger is the LunarCapital demo account. Before starting actual investments, this Forex practice ground lets you learn the hints of the trading platform and understand the dynamics of the Forex market. LunarCapital offers three various account models to fit various trading needs and preferences.
The EU entity of LunarCapital clearly states its regulatory status in the website’s footer. The offshore entity also references its corporate registration number with the Saint Lucia authorities at the bottom of each page. However, there is room for improvement in terms of being clear about the unregulated status of the offshore entity. This section will cover how the different entities of LunarCapital are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.
