LunarCapital Review 2025 Forex Broker Pros and Cons

For example, LunarCapital charges $10 for international bank wire transfers, $25 for broker-to-broker transfers, 2% for Neteller, 1% for Skrill, 0.5% for FasaPay, 1.5% for PayTrust, and 2% for PayPal. LunarCapital keeps most non-trading fees to a minimum, reinforcing its reputation as a cost-effective broker. Most methods have no deposit fees, however, international bank wire deposits in non-AUD currencies may incur a AU$ 12.50 fee. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Forex

• The equity trading charges depend on the country of the listed underlying asset, and the pricing environment remains average compared to other brokers.
• They offer 12 cryptocurrency CFDs including the major cryptocurrencies such Bitcoin, Ethereum, Ripple etc.
• It continues to earn the trust of clients for over fifteen years and counting.
• LunarCapital recognizes the diversity of its clientele and has crafted its account offerings to cater to the distinct needs of traders, from beginners to seasoned professionals.
• The broker’s customer support is responsive, while its deposit and withdrawal methods are flexible and secure.

However, it’s important to note that this broker does not accept US clients due to regulatory restrictions. LunarCapital does not accept clients from the United States of America due to strict regulatory rules imposed by the Commodity Futures Trading Commission (CFTC ) and National Futures Association (NFA). They also are unable to accept clients from Japan, Iran, North Korea, Sudan, Syria due to international sanctions, Belgium due to restrictive trading rules and some regions in Canada such as Ontario and Quebec. Together, the platforms available cover a variety of trading styles and levels of experience.

Should You Trade With LunarCapital?

This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions. LunarCapital delivers a very competitive commission-based alternative with raw spreads of 0.0 pips for a commission of $6.00 per round lot. Commodities, indices, and cryptocurrencies remain free of additional costs, which remain included in the markup. Equity CFDs and DMA traders face a fee between 0.06% and 0.30% with a minimum of $10 or a currency equivalent. The equity trading charges depend on the country of the listed underlying asset, and the pricing environment remains average compared to other brokers. Most particularly enjoy the competitive prices and the advanced trading LunarCapital official site tools, along with quality customer support.

Use the volume comparison below to evaluate which broker, LunarCapital or Pepperstone, handles more trading activity. Higher volume may indicate better liquidity and potentially tighter spreads during active trading hours. Whether you’re focused on short-term strategies or long-term investing, LunarCapital delivers a professional and well-rounded trading environment built on speed, value, and trust. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. As Iress is mostly optimized for share trading — not forex — I focused on LunarCapital’ MetaTrader offering and the LunarCapital proprietary app for this review.

The user interface is the same as when MT4 launched in 2005, featuring a dated design, but plug-ins exist to change it. Trading with MT4 is simple and does not require a lot of time for new traders to learn. LunarCapital also maintains the MAM/PAMM module, enabling retail account management. A built-in copy trading function is equally available across MT4/MT5 and cTrader, which all support algorithmic trading. MT4 is the market leader for automated trading solutions, while many consider MT5 the failed successor amid a lack of backward compatibility.

• LunarCapital offers the Iress platform suite for share trading, but MetaTrader, cTrader, and TradingView are its primary platform options for forex and CFD trading.
• The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.
• A built-in copy trading function is equally available across MT4/MT5 and cTrader, which all support algorithmic trading.
• Cryptocurrency enthusiasts can delve into popular digital assets like Bitcoin, Ethereum, Ripple, and more.

These apps are designed to provide a seamless trading experience on the go, featuring intuitive interfaces, full trading functionality, and access to real-time market data and analysis tools. Daily content on the Traders Hub blog and video summaries provide a fundamental backdrop, while signals are delivered via email, push notifications, and Telegram almost in real time. During standard hours from 9 AM to 6 PM EST, traders can access live customer support for prompt assistance. Beyond these standard hours, the broker ensures that support remains available, accommodating its global clientele. Multi-channel support is a highlight, offering live chat, email, and phone support, enhancing accessibility and allowing traders to choose their preferred communication method. Additionally, LunarCapital maintains a comprehensive FAQ section and provides educational resources on its website, empowering traders with the tools to address common queries independently.

A desktop client and mobile applications are available; however, a web version is not currently offered by the broker. Beginner traders have access to quality educational content, in-house research, services provided by Trading Central, copy trading, and retail account management. Besides the build-in MT4 copy trading functionality, LunarCapital partnered with Myfxbook Autotrade, also available from within the MT4 trading platform.

Accounts & Banking

Thankfully, MetaTrader and cTrader platform suites are available as reliable alternatives. LunarCapital is an excellent broker for day trading due to its fast execution speeds, access to a wide range of markets, and choice of advanced charting platforms including MetaTrader, cTrader and TradingView. LunarCapital offers its clients the advantage of no deposit or withdrawal fees, coupled with a broad selection of payment methods including credit cards, debit cards, bank transfers, and e-wallets. MetaTrader platforms are renowned for their reliability, comprehensive charting tools, and extensive support for automated trading.

LunarCapital vs InstaForex Spreads

New clients are sponsored with VPS when making a one-time deposit of at least 1,000 USD and continue to benefit from preferential access once the specified volumes are met. Connection requests can be made through live chat or via email at ; if the turnover is lower, a paid plan (~30 AUD/month) is applied. The VPS operates 24/5, supports any Expert Advisors, and guarantees uninterrupted trading even if your computer is turned off. The LunarCapital Traders Hub provided daily research and trading ideas, presented in a quality format.

Higher minimum deposit for certain account types

Traders can access prices for over 10,000 financial instruments, including domestic and international futures, share CFDs, commodities, indices, and Forex. The platforms support a full range of trading features such as 59 technical indicators, more than 50 drawing tools, and the ability to manage multiple portfolios. Iress is compatible with Windows and Mac devices and can be accessed from any modern browser.

The demo account is not time-limited and does not require verification, allowing you to refine your strategies indefinitely without any risk. Mobile trading is widespread among millennial and GenZ traders, copy traders, and those from emerging and frontier Forex markets. The asset selection for MT4/MT5 traders consists of more than 250 trading instruments, an adequate level of choice for most traders. Forex traders get 70+ currency pairs, and diversification opportunities exist via cryptocurrencies, commodities and metals, indices, equity CFDs (available through the MT5 trading platform), and bonds. The IRESS trading platform lists over 10,000 equity CFDs and a few futures contracts, but its https://lunarcapital.net/ availability remains geographically restricted.

By sifting through numerous data sources, Trading Central lets you customize information according to your preferences and trading objectives. This data can aid in identifying optimal entry and exit points, devising trade scenarios, and validating short-term strategies using indicators. LunarCapital doesn’t impose deposit fees, but it’s worth noting that banking charges may apply. However, for deposits exceeding $10,000, LunarCapital will reimburse any third-party bank charges. However, it’s important to note that if your LunarCapital demo account remains inactive for more than 30 days, it will expire. Setting up and funding a live trading account with LunarCapital is not only straightforward but also incredibly swift.

To learn more, you can read comparisons of LunarCapital vs Plus500, FP Markes vs OANDA, LunarCapital vs Admirals and LunarCapital vs eToro. By comparing LunarCapital against these industry benchmarks, we aim to provide traders with a comprehensive and unbiased view of where LunarCapital stands in the competitive forex brokerage landscape. One of LunarCapital’ distinguishing features is its competitive pricing and deep liquidity, providing traders with tight spreads and fast execution speeds.