Lunar Capital accepts payments via bank wire, e-wallets, and cryptocurrencies. The broker does not charge a handling fee on deposits and will reimburse its clients for any third-party processing charges. Most payments are processed within 24 hours, though transaction times may vary.
Lunar Capital Broker Review
Lunar Capital provides quality trading conditions for traders who focus on MT4 trading and mainly Currency Pairs provided with low costs. Mostly concentrating on forex and CFDs, Lunar Capital provides a range of tradable assets that might suit many traders who prefer trading of Forex. For those engaged in the forex market, traders can access over 70 currency pairs, including major, minor, and exotic choices. Lunar Capital has recently introduced the newer version of the MT4 platform, MetaTrader 5, with more advanced conditions and opportunities. The platform is available through the broker’s ECN XL account, with no commissions and spreads starting from 0 pips. MT5 includes excellent analytical tools, deep insights into each instrument through 21 available timeframes, and access to a wide range of technical indicators, charts, and graphs.
Looking at the negatives, the coverage outside Europe, while fairly industry standard is disappointing, with the global entity registered in Nevis as an International Business Corporation (license number C55272). We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. The standout feature in Lunar Capital’s instrument selection is its forex pairs offering, which I discovered to be one of the most diverse in the industry. Traders are given access to rare exotic pairs, such as MXNJPY, CHFPLN, USDHUF, and others. In my opinion, MT4 is an excellent option for fast and simple order execution.
The broker has its main base of operations in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Lunar Capital a part of the European Markets in Financial Instruments Derivatives (MiFID), which gives it the freedom to operate in the entire European Union under the European Economic Area (EEA) agreement. Based on the MetaTrader 4 and 5 platforms, the Lunar Capital MobileTrader app offers customers a strong trading experience on demand. After testing the app, it turned out that it provides real-time market access, sophisticated charting tools, and a range of technical indicators, among other basic capabilities. Benefiting from the same competitive spreads and execution speeds on the desktop platform, users may efficiently execute trades with only a few taps.
- Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
- Withdrawals at Lunar Capital are also disappointing, with all methods besides cards and wire transfers incurring a percentage withdrawal fee that can reach a hefty 3.4%, depending on the method.
- Everything is created with the client in mind, helping to enhance their trading experience.
- It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade.
Regarding my trading experience, I can say their single trading account is more than enough for me. Lunar Capital supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. Lunar Capital transparently provides all necessary information on its website.
Lunar Capital
This customer-centric approach makes Lunar Capital a solid choice for traders who prioritize responsive and professional support. Lunar Capital offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders. Lunar Capital offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes. The broker provides access to CFDs (Contracts for Difference), which allow users to trade a wide range of markets without owning the underlying assets. Lunar Capital’s offerings include commodities, currencies, cryptocurrencies, and indices, giving traders flexibility in choosing their preferred markets.
These tools include VPS, SMS notifications, EAs, technical analysis, and trading tools. Additionally, the platform offers interest rates from global central banks. Lunar Capital provides free VPS (Virtual Private Server) access for stable, fast, and high-performance trading.
In addition to this, Lunar Capital also offers the possibility to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time. Lunar Capital has taken undeviating steps to segregate accounts and the offering of investor compensation schemes as measures to protect the client funds. The reliability of the firm and the reputation of the Forex market is much enhanced by these steps.
Account Features
Lunar Capital is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with Lunar Capital. Practice your forex trading skills or test new strategies with zero investment. The company is comprised of a dedicated team of professionals with extensive experience in the financial industry.
Forex Broker Reviews
- At first, I wouldn’t say I liked the small selection of cryptocurrencies, but I appreciated them when I took a deep look at their trading conditions.
- Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid.
- While this type of fee is not unusual, Lunar Capital imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months.
We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts. However, it’s important to note that some of the products we discuss are from our partners. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. https://lunarcapital.team/ If you have experience trading with Lunar Capital please share your personal review of the broker and what you think are strong and weak points. Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them. Anyway, after reading some reviews I decided to give it a shot and signed up for this company.
Yes, our Lunar Capital review found that the broker is regulated by the FCA, BaFin, and CySEC. While these are all leading regulatory bodies, our Lunar Capital review experts highly suggest registering with one of our recommended and trusted online forex brokers instead. Central Clearing Ltd does not provide services to residents of the EEA countries, the USA, and some other countries. The services are not intended for distribution to or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
The service provider is BeeksFX, but Lunar Capital clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Lunar Capital shows clients how to obtain the most up-to-date rates, a step many brokers omit. Information on the TopForx.com website is for informational purposes only and does not constitute any motive or suggestion for visitors to invest money.
The ECN XL and ECN Advanced accounts require deposits of $10,000 and $100,000 respectively. Additionally, it offers managed accounts so that trading professionals can trade on behalf of the broker’s clients. Lunar Capital offers a single retail trading account with three base currencies – EUR, USD, and GBP. Swap-free trading is also available via Lunar Capital’s Islamic accounts upon request. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles https://lunarcapital.vip/ and to exploit the underlying trading opportunities in multiple ways.
Additionally, the broker achieves execution speeds below 60 milliseconds and offers VPS hosting for low-latency trading. Lunar Capital was launched in 2010 by a group of forex experts aiming to create a competitive and supportive trading experience for clients through transparency and high trade quality. Technical indicators and broad charting tools of MT4 give traders complete analytical capacity. By means of Expert Advisors (EAs), the platform offers automated trading, empowering algorithmic traders to apply their ideas efficiently.
I used the live chat function on several occasions and received timely responses in a few minutes each time. The agents were friendly, and provided suitable answers to all my queries, in a personalized manner with no frustrating chatbots in sight. Similarly, the ‘Market Analysis’ section had a focus on just three currency pairs during testing which is not wide enough in my opinion. These combine well with Lunar Capital’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month. On both platforms, placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. Lunar Capital supports trading via the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with MT5 added in 2025.