I rate LunarCapital as better than the industry average in this category. LunarCapital Rewards is automatically available to all clients and integrated into the trading platform. As stated on their website, over 21 million trading accounts have been opened across 180 countries with LunarCapital. LunarCapital’s Invite-a-Friend program lets you earn $1 per standard lot traded by your referrals. Just share your unique link, and both you and your friends benefit, with you earning commissions and them receiving a 100% deposit bonus.
LunarCapitalFx Review 2025: Platforms, Apps, Safety, Pros & Cons
Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm. The security of your funds – in terms of regulatory protection – will depend on which LunarCapital entity holds your account, and which, if any, relevant regulations provide customer protections. It’s worth noting that LunarCapital’s primary execution venue is one of its own entities in St. Lucia.
The broker works with a large number of liquidity providers around the world, so his clients receive the best-aggregated prices. LunarCapital trade servers and data centers are located throughout Europe and Asia, ensuring low latency and stable connections. The company operates on the ECN/STP model and executes orders at market price in less than 0.1 seconds. You can open a demo account on each of the available trading platforms. What strikes me about LunarCapitalFX is their emphasis on trader training. Their tutorials and webinars helped me a lot when I was learning the basics of trading.
Money Protection
Dear Emmanuel Iheanyi Nwogu,Thank you so much for your thoughtful feedback and 5-star rating! We’re truly pleased to hear that you’re enjoying our customer service, speedy deposits and withdrawals, and the trading ideas we provide. This LunarCapital review aims to give a clear view of the broker and its services.
If you prefer to trade less liquid and higher risk assets you also have access to altcoins like Dogecoin to speculate on. Overall, the account opening process took 3 minutes which is the fastest application I have completed for opening a live trading account. I think having LunarCapital Copy is a good alternative for beginners or those who don’t want to invest their time in learning how to trade. At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold.
Supported Countries
If you lack the programming skills, the MetaQuotes Marketplace provides a library of 10,000+ custom indicators from the MT4 community you can use. In this sense, LunarCapital offers swap-free trading in its purest form. LunarCapital is https://lunarcapital.net/ a broker that has operated for over 10 years and has been expanding during this time. It is a global company with several entities responding to different regulatory needs. LunarCapital also operates under other entities that are regulated by lower-reputation organizations.
Many customers in the online forex community have left positive comments about the excellent customer service. It offers a charting package from TradingView with over 100 technical indicators included as default and customization options available for another couple thousands more. The chart package contains 11 chart types on 11 timeframes and other drawing tools like trend lines, Fibonacci etc. Launched in 2011, LunarCapital (previously known as LunarCapital FX) has risen to become a top forex broker. It’s supervised by the Cyprus Securities and Exchange Commission (CySEC), within the European Union, and LunarCapital offers superior trading terms. A multitude of pro platforms, like MetaTrader5 and cTrader, are available for traders.
On both platforms, the normal spread on the highly traded EUR/USD currency pair is a minimum 0.6 pip. While LunarCapital MT4 provides 71 instruments to suit different trading tastes, LunarCapital MT5 delivers an impressive 252 instrument count. When it comes to education, LunarCapitalFX realizes the importance of your continued development and progress in the sector. They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis.
- This is $50 minimum deposit within the EU with the account being available worldwide.
- MetaTrader 5 and MetaTrader 4 are available for both desktops and web.
- NDD (No Dealing Desk) brokers such as LunarCapital act as intermediaries between the trader and the real market and receive a defined and transparent commission for it.
- This is rather a limited selection compared with other top brokers.
- You will also find fixed spreads available on the MT4 Micro account that start from 2 pips.
- It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click.
Forex Brokers with Low Minimum Deposit
LunarCapitalFX mobile trading is also well catered LunarCapital cheating for through their own mobile trading platform aside from the huge industry giants already mentioned. When it comes to spreads and commissions, LunarCapitalFX works both with floating and fixed spreads. The floating spreads can start from 0 pips depending on your account type. The only exceptions here may be in the case of your deposit not matching the base currency on your account, you would then have to pay a conversion fee.
Depositing ease
Clients can, on creating and funding an account, find, follow and copy these leading traders at will. The video course provides a sound introduction to forex and forex trading, helping beginner traders to grasp things quickly. While the free webinars allows clients to learn from veteran traders one-on-one, at a scheduled time. For articles, a handful exists bordering a wide range of topics ranging from risk management procedures and trading techniques. Whether you’re a novice exploring the markets or a professional looking for advanced tools, LunarCapitalFX provides the necessary resources to achieve your trading goals. Let me tell you through this LunarCapital fx review that the broker was authorized and regulated by the UK’s Financial Conduct Authority (FCA) until recently.
Moreover, this forex trading broker offers a broad FAQ section which covers almost everything about forex trading, plus free educational materials to help new consumers enter the trading sphere. The broker claims to offer competitive spreads as compared to other forex brokers. LunarCapitalFx boasts of a spread floating, starting from as low as 0.6pips. Although, the broker’s spreads keep changing throughout the day. Depending on the market’s volatility, clients can expect to pay a minimum spread of 0.6 pips on trading pairs like GBP/USD and EUR/USD. Commodities like Gold and Silver are on the other hand, tradable on spot for a minimum spread of 1.9 pips and 2.0 pips respectively.
- Generally, regulation is the most important and critical point within a forex broker and so it’ll be our first point to discuss within this review.
- Step 6) Select the account type with which you want to start trading and also select leverage, base currency, etc.
- We’ll also cover the account types, spreads, minimum deposit, and leverage offered by the broker.
- Initial deposits are not too high and a variety of instruments for trading.
This dual regulation ensures both credibility and flexibility, catering to traders from around the globe. LunarCapital offers a swap-free Islamic account that adheres to the principles of Sharia law. In the hands-on testing process, I used MetaTrader 5 for desktops, which includes advanced functions such as copy trading and automated trading. LunarCapital does not currently charge swap fees – the charge for holding leveraged positions overnight.
The overall trading fees is quite low with all 3 accounts, plus they are also a CYSEC regulated broker. LunarCapitalFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading. A low spread andminimum depositas well as its own copy trading service make it perfect for many. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect.
Positions held overnight are not subject to fees, whether positive or negative, which is a distinctive aspect of LunarCapital. We’re thrilled to hear about your positive experience with LunarCapital. We take pride in being a reliable and trusted broker in the Indian forex markets. Trading instruments provided by LunarCapital have some of the lowest spreads in the industry. The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips. Clients using the LunarCapitalTrader, MT4 or MT5 account do not have to pay swaps.