However, LunarCapital has e-wallet options through Neteller and Skrill were also a positive as they also provide instant funding like the Mastercard option. 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. 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.

Zero swaps

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.

LunarCapital Leverage and Spreads

Amongst the new features and platform improvements, you can still automate your trades with MetaTrader 5 and Expert Advisors. If you are interested in automating share CFDs, MT5 is the only platform on LunarCapital to provide this. Another decent addition I found on MT5 is the native economic calendar which shows the times of upcoming economic announcements that can impact your trades. 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.

In terms of trading strategies allowed, scalping, expert advisors and hedging are all permitted across each of the two account types, which is not to be taken for granted. The Pro account uses the MetaTrader MT5 platform and offers LunarCapital forex broker a wider range of markets than the Micro account and spreads also tend to be a little tighter. Everything you need to start trading from beginning to advance level, this website is providing you. Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading.

LunarCapital Customer Service and Support

With LunarCapital, you can trade a total of 300 trading instruments, including 52 Forex pairs and 277 CFDs, covering indices, commodities, and cryptocurrencies. It has several entities around the world and provides services by industry standards. LunarCapital affirms that, in accordance with international regulatory standards, it uses separate accounts to keep traders’ funds segregated from the company’s balance sheets. However, it does not provide Percentage Allocation Management Module (PAMM) accounts or Multi-Account Manager (MAM) services. The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages. The “Space” section allows users to see posts on various topics directly on the web, but the configuration for the topics is set in the mobile app.

• Founded in 2011, LunarCapital (formerly LunarCapitalFX) is part of a group of global entities, which include LunarCapital Markets LTD (based in the island of Mwali) and LunarCapital Markets Cyprus Ltd (based in Cyprus).
• The broker claims to offer competitive spreads as compared to other forex brokers.
• Opening an account with LunarCapital is done online with a few simple steps which enable you to set up a real or demo account.
• This is the first time I’ve seen swap-free accounts for all traders, regardless of location and beliefs, making LunarCapital a truly low-cost broker by avoiding these fees.
• Everything you need to start trading from beginning to advance level, this website is providing you.

Other trading platforms

To test the trade execution credentials of LunarCapital FX, we logged into the MT4 platform and booked trades in EURUSD and GBPUSD. MT4 is packed full of powerful software tools and trade indicators designed to help users, but in both instances, we found it easy to navigate to the desired market and book trades within seconds. It’s possible to fund your account with as little as https://lunarcapital.vip/ $50 or the equivalent.

While there is no minimum deposit from the virtual wallet, LunarCapital advises that the minimum deposit using this method is 50 USDT. The network charged a fee of 1 USDT, and the remaining amount was credited to our account in USD within minutes. For those familiar with cryptocurrency wallets, this process is very simple and quick.

With regulation by CySEC and the Mwali International Services Authority, traders can trust LunarCapitalFX for secure and compliant operations. 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). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements.

The MetaTrader platforms are well known for facilitating copy trading and developing trading forums. Clients of LunarCapital are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site. The Copy Trader account area requires separate funding and comes with its own dedicated app. The app has been downloaded more than 5 million times, with a 4.5 star rating out of 5, which is impressive indeed. The LunarCapitalTrader platform is innovative, modern, and very well suited for beginners. There is an element of simplicity that you find in many of the more bespoke platforms designed for the modern user that many will enjoy.

The trading interface of the mobile app is quite basic, yet it is functional. Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult. This broker charges no fees on currency conversion during deposits and withdrawals. However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees.

The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner. Join an intenational broker with 12 yearsof experience and 60+ industry awards. However, the offshore entity of the broker is regulated by just a 3rd tier regulatory body. Online reviews have revealed that this isn’t quite significant enough to call the broker well regulated. They are fees necessary for trading, which users must  pay before or during trading. The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag.

You can develop EAs to 100% automate your strategy from analysis to execution, or set up risk management EAs to manage your risk on open positions automatically. I was curious to know why they offer this as other brokers are not so generous when it comes to absorbing the swap costs. LunarCapital said that offering swap-free accounts aligns with its business goal of serving a global clientele. The spreads on the MT5 account were stable in my tests during the New York and Asian trading sessions.

LunarCapital offers a demo account for all of its platforms such as LunarCapitalTrader, MetaTrader 4, and MetaTrader 5. The demo account is unlimited in funds as you can top it up should you need more virtual currency, and has no expiration date. LunarCapital is based in Saint Lucia but has multiple entities outside of Saint Lucia to provide financial services to clients in 180+ countries.

• There is an economic calendar, daily analysis posts, as well as trading signals and market insights.
• The spreads on the MT5 account were stable in my tests during the New York and Asian trading sessions.
• The promo codes, according to their customer support, is a unique offer for some new clients.
• However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions.
• Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading.

Exante Review 2025: Fees, Platforms, Apps, Safety, Pros & Cons

A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks. The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified. Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. This feature gives users the opportunity to automatically copy leading traders and learn different trading strategies from them. Clients can, on creating and funding an account, find, follow and copy these leading traders at will.