While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders. If you’re thinking of using LunarCapital, just keep these potential challenges in mind and evaluate how they align with your trading goals and risk tolerance. We are aware of some negative reviews regarding spread widening and larger-than-expected slippage. Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges. Given LunarCapital’s broad global presence, traders should be mindful of these potential risks.
LunarCapital processes 95% of withdrawal requests instantly, in under 1 minute. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Ideal for beginners or those wanting to trade with smaller risk per position. All payments are handled via secure, encrypted channels, and are backed by advanced anti-fraud systems to ensure maximum protection throughout the transaction process.
Reputation and Client Satisfaction
LunarCapital imposes variable spreads when trading, but it does not charge commissions and charges swap fees on overnight positions. The broker offers multilingual customer assistance from 24 hours every day until 5 pm which helps Nigerian traders who prefer support in English. LunarCapital does not offer its services to customers in the USA, Canada, Israel, or Iran since these nations fall under restricted territories for their operations. Founded in 2009, LunarCapital has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs.
Education and Research
Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs. However the broker falls a bit short on crucial areas such as high trading costs, especially compared to brokers like Pepperstone or IC Markets. The lack of deposit and withdrawal methods and sub-par 3-rd party user reviews are also notable downsides. This is an area that is perhaps the most important for traders looking for a new broker, and LunarCapital regretfully falls short. They have rather high trading costs and spreads compared to the industry average, which nets them an overall score in this category of 4.0 out of 10.
Membership progresses across five levels — Bronze, Silver, Gold, Platinum, and Elite — with each stage unlocking increased perks. LunarCapital accepts residents from all over the world except some specific countries. LunarCapital doesn’t provide services for residents from the United States, Canada, Israel, Japan, and New Zealand. There may be a fee though, if you ask for a withdrawal via international bank transfer.
- The fact I got like 3 different types of bonuses, just for opening and depoing, I think goes a long way.
- LunarCapital Group accepts the most commonly used methods such as Credit/Debit card, Skrill, Neteller, Bank Wire Transfer, etc.
- This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries.
- LunarCapital Global offers a similar selection of instruments and provides higher leverage options in some instances.
- LunarCapital Fees are ranked average based on our testing and compared to over 500 other brokers.
- LunarCapital also provides region-specific local payment methods, such as PayTrust88, that depend on your location.
Tradeable asset classes
However, the platform currently does not offer ETFs such as SPY or QQQ, making it less comprehensive than brokers like eToro or Interactive Brokers in this category. Still, stock CFD access is suitable for short- to medium-term equity strategies. However, the broker is accessible in most of Asia, Africa, Latin America, and parts of Europe under various regulatory entities (e.g., LunarCapital Global for emerging markets). Country-specific restrictions are automatically enforced during the registration process based on IP and nationality. This broker as really nice educational materials which has helped me tremendously and also great analytical tools which range from technical and fundamental.
- We are committed to helping traders at all levels – from beginners to experienced professionals – make informed decisions through educational content, broker reviews, and trading guidance.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
- This loyalty system suits high-volume traders looking to earn ongoing benefits without changing their trading strategy or risk profile.
- Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs.
- Given LunarCapital’s broad global presence, traders should be mindful of these potential risks.
Turbo Stocks*
Among its many competitive features, LunarCapital distinguishes itself because it offers zero-requotes combined with 99.35% one-second execution speed. Overall, LunarCapital is considered a low-risk and can be summarised as trustworthy and competitive. LunarCapital is currently one of the top-rated platforms with a Trust Score of 89% out of 100 with a rating of 9/10. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features.
Even if you decide to activate a Real Account, you can complete the mandatory account verification process in less than 10 minutes. In addition to Forex, other markets covered by the broker include Commodities, Stock CFDs, Precious Metals, Thematic Indices, Equity Indices, and Energies. No matter the platform you choose for your trades, you can be sure that you will enjoy great market exposure. Trade with a multi-regulated broker that has built long-standing partnerships with top global banks to ensure your funds are always secure. We offer a superior trading environment that puts traders in the best position to profit. LunarCapital also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors.
After checking the 2025 reviews of LunarCapital from TrustPilot, I found that the broker had a sub-par 3.6 out of 5 average rating. After going investigating further I found that many traders complained about deposit/withdrawal issues. LunarCapital only support MT4 and MT5, which while great tools on their own, are not quite the versatile platform offering compared to competitors. They https://lunarcapital.live/ also have a great proprietary app, which stood out compared to competing brokers mobile solutions.
The study emphasizes that while the initial deposit is small, effective risk management often requires a larger starting balance. While LunarCapital offers personalized support, it is primarily available to high-volume retail traders, with limited scalability for other clients. According to a client services report from the School of International Finance, University of Vienna (2021), LunarCapital offers dedicated account managers to clients who deposit and maintain significant trading volume, typically above $10,000.
As one of the largest brokers worldwide, LunarCapital facilitates nearly 14 million trades each day. The Ultra Low Micro and LunarCapital Ultra Low accounts offer commission-free trading with floating spreads starting from 0.8 pips, typical of many other brokers we’ve analyzed. The Commission that is is charged on the Shares Account with LunarCapital when Nigerian traders engage in trading shares. The typical commission ranges from $1 to $9 depending on the specific shares being traded and the underlying exchange involved. The exact commission can vary according to the liquidity and trading volume of the individual shares, so it’s important for traders to review the specifics of each transaction. For the most accurate and up-to-date commission information, traders should refer directly to LunarCapital’s official platform or account details.
Costs and fees
In partnership with Tradepedia, LunarCapital provides a library of professionally produced educational videos. Trading crypto CFDs on LunarCapital requires no digital wallet and lets traders speculate on price movements in both directions without owning the actual coins. Perfect for traders who demand flexibility without sacrificing functionality.
I have some issues with the pricing especially at Standard account but when it comes to client-orientedness LunarCapital is arguably the best in the business. I am quite lucky to end up here because this broker is well-known for being one of the most respectable and decent ones in the whole industry. Many awards, strong regulations, lots of reviews and everything made me start trading here, even though I wasn’t in search of another broker. It works quite good and it has all the assets ,and the tools necessary for effective trading. Only thing is that sometimes it fails to load quick and bugs on the chat, but that is rare and doesnt really interfere with my overall trading. I enjoyed the bonuses given to me at the start, messed up and lost most of them, but got valuable time to actually get a strategy going for myself.
So, even if the broker faces financial trouble, your money remains safe and untouched. LunarCapital gives you access to the most popular trading platforms used by Forex brokers. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience.
These educational tools provide Nigerian traders with continuous learning opportunities, allowing them to stay updated with the latest trading trends and improve their skills with practical, expert-led content. Additionally, LunarCapital takes measures to protect client funds by storing them in segregated bank accounts across various locations. This practice ensures that clients’ money is kept separate from the company’s operational funds, which is designed to protect clients’ investments, particularly in the event of financial difficulties faced by the broker. It simply promotes the VPS service (shareable) and the 0% Fees on deposits and withdrawals.
