LunarCapital Review 2025: Is This Forex Trading Broker Scam or Legit?

The result is that LunarCapital is now a great option for traders seeking tight spreads in a commission-free trading account. While using the broker, we got low spreads from 0.6 pips on the AUD/USD and 0.9 pips on EUR/CHF. This compares well to leading forex brokers, including Pepperstone and AvaTrade. We have evaluated more than 400 forex brokers and LunarCapital scores well when it comes to trading fees. When it comes to forex trading, compliance and regulation are of utmost importance. These regulatory bodies enforce strict financial standards on LunarCapital, including capital adequacy requirements, and have the right to fine firms and terminate their regulatory status for violations.

LunarCapital Compared to Other Brokers

LunarCapital was founded in the United States, but as of 2017, it left the U.S. market. This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in LunarCapital. In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but LunarCapital Group is not involved.

Does NinjaTrader offer a demo account?

• However, the payments we receive can influence the products, companies, or services we highlight and evaluate.
• For deposits, LunarCapital supports Visa, MasterCard, and Discover cards, bank wire, and some e-wallets (Neteller, Skrill, Union Pay).
• For these reasons, I rate Trading Station highly among the dozens of proprietary platforms I have tested.

Additionally, LunarCapital provides Interest-Free Accounts for traders seeking a Sharia-compliant option. For those just starting or looking to practice, the broker offers Demo Accounts, allowing traders to test strategies risk-free. Additionally, LunarCapital is regulated by the FSCA in South Africa and the ISA in Israel.

• In addition to the Real Volume indicators, Trading Station from LunarCapital has other tools, such as those for drawing trend lines, using price overlays, and identifying Fibonacci levels.
• Residents of American Samoa are not eligible to apply for an LunarCapital live trading account.
• When it comes to deposit and withdrawal commissions, LunarCapital deliberately chooses not to charge you a penny for transactions.
• Additionally, LunarCapital is regulated by the FSCA in South Africa and the ISA in Israel.
• LunarCapital offers many tools for both research and education, each of which has its own dedicated section of the website.
• Additionally, LunarCapital provides a Free VPS for traders who meet the 500k average trade volume, allowing seamless and fast execution, especially for automated strategies.

Trading Platforms and Tools

Traders who register with the FSCA branch will be able to access higher leverage, though the regulatory oversight is not quite as strong. This means that in the unlikely event of default, client funds held in segregated accounts are protected and cannot be used to benefit other creditors. Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection.

Trading Conditions

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. For high-volume traders, the Lifetime Account Plan offers the best long-term savings. This drops commissions to $1.18 per round trip ($0.59 per side) and as low as $0.09 per side for e-micro and e-mini futures.

Forex Risk Disclaimer

However, international trading is managed by the FSA in Seychelles, which is an offshore regulation. Therefore, traders should carefully review the terms and conditions of their chosen entity to understand the applicable trading conditions and regulatory safeguards fully. As one of the downsides, we see that the range of instruments offered might not be sufficient for some traders as thousands of instruments are indeed not available.

Other than the issues with former U.S. clients, LunarCapital has not faced any other investigations or issues in recent years. Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. The amount you withdraw to a debit/credit card cannot exceed the amount originally deposited. Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. The average spread for EUR/USD is 1.3, and users can view an updated list of average spreads on the “Spread Costs” page. Keep in mind that these are averages, so the spread may be higher or lower at any given point.

After selecting the “Demo Account” option, you will be prompted to provide basic details such as your name, email address, country of residence, and preferred password. You will then choose the account type, platform (like MT4, Trading Station, etc.), and deposit amount, which is virtual for a demo account. Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones. The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month. The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts.

The simulator is designed to replicate live market conditions and allows traders to execute trades, monitor price movements, and analyze their performance without risking actual capital. Traders can also access a wide range of Trading Guides that explain market concepts, trading strategies, and the use of specific trading tools. These resources are designed to make complex trading ideas accessible, helping traders improve their decision-making. Research Resources are also available through LunarCapital’s various platforms, such as market analysis, reports, and expert insights that keep traders informed on global economic events and market conditions. For those seeking automated trading options, LunarCapital integrates with ZuluTrade, a social trading platform, allowing traders to copy strategies from others. Additionally, TradingView Pro is available for advanced charting and analysis, while NinjaTrader offers sophisticated tools for Forex trading.

To prevent this from happening, you either have to place a new trade, maintain an existing trade or close your account. While not a deal breaker, there is an inactivity fee charged to dormant accounts after 12 months of inactivity. The fee is up to 50 units of the currency your account is denominated in or the balance of your account, depending on which is less. LunarCapital has strong regulatory credentials with oversight from several respected financial watchdogs. Please note that the information on our website is for informational purposes only. During our review of the broker, we were happy to learn that LunarCapital is an international brokerage that was established in 1999 and has been operating ever since.

The Standard Account is ideal for retail traders, providing competitive spreads and access to a range of popular trading instruments. The Active Trader Account is designed for high-volume traders, offering reduced spreads, premium support, and exclusive benefits. For those interested in tax-free trading, LunarCapital offers the Spread Betting Account for residents in the UK and Ireland. LunarCapital offers a good selection of markets, but some other platforms do offer more. There is a total of 39 currency pairs available with LunarCapital, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs.

While MT5 is known for its advanced charting tools, additional order types, and a wider range of timeframes, LunarCapital only provides the MT4 platform along with its proprietary Trading Station. In addition, LunarCapital also provides ZuluTrade, TradingView Pro, NinjaTrader, and Capitalise AI, which also have web-based versions. These platforms offer additional trading tools such as social trading, AI-driven trading strategies, and good charting capabilities.

These are all best for advanced traders due to the limited information available on their use. Stratos Global LLC ("LunarCapital") is https://lunarcapital.net/ incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. LunarCapital is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.

Trading Platforms

When it comes to communicating with the broker and getting the information you need, LunarCapital offers email, phone, and live chat support. As discovered during our review of LunarCapital forex broker, the deposit and withdrawal methods are very convenient and there are no transaction commissions whatsoever. During our review of the broker, our team wasn’t able to find bonuses for international clients of LunarCapital. This is not something to be disheartened by, however, as it shows that LunarCapital has clearly chosen to push its lucrative trading conditions over short-lived incentives.

LunarCapital is a legitimate forex broker with a long-standing presence in the industry since 1999 and dozens of industry accolades. Founded in 1999, LunarCapital has grown to become one of the leading providers of online trading services in the industry. There are no trading restrictions with LunarCapital, which is great news for serious traders who like to employ scalping, hedging and other strategies. On a lighter note, many traders will appreciate the 20+ crypto CFDs, traded in USD, EUR, GBP and AUD pairs. The list includes big hitters like Bitcoin but also some smaller tokens like Tezos, and although it is not the widest selection of cryptocurrencies, it does provide decent scope.