LunarCapital

LunarCapital is a forex and CFD broker that opened its doors in July 2024. Despite being registered in the Marshall Islands, the company’s marketing points to a UK base, though this address is not verified. It targets retail traders with a tiered account structure and a proprietary platform.

The broker’s product range is advertised as including forex, stocks, indices, cryptocurrencies and commodities, but its official list of instruments is narrower. Critical trading conditions such as leverage, spreads and commissions are not publicly stated, forcing prospective clients to contact the broker directly.

LunarCapital holds no regulatory licence from any financial authority. It is incorporated in the Marshall Islands, a jurisdiction that does not operate a forex regulatory framework and is widely regarded as an offshore haven with minimal oversight.

The absence of regulation means client funds are not protected by any compensation scheme, and there is no external dispute-resolution body to turn to in the event of a complaint. Traders considering this broker should be aware that they have no safety net.

The broker offers five account tiers: Starter ($500 minimum deposit), Silver ($3,000), Gold ($10,000), Platinum ($50,000) and VIP ($100,000). All account types provide access to commodities, stocks and indices.

Key trading parameters such as maximum leverage, average spreads and commission charges are not published for any tier, making it impossible for traders to compare costs before opening an account. The high minimum deposits for upper tiers are unusual for a completely unregulated broker.

Officially, LunarCapital lists commodities, stocks and indices as its tradable instruments. Its promotional material, however, also mentions forex and cryptocurrencies, though these are not confirmed in the public offering.

The limited instrument set may not meet the needs of traders seeking a diversified portfolio. Without transparent cost data, it is also unclear under what conditions these products can be traded.

The broker supplies its own XCritical platform, which is touted as a key feature, alongside a mobile app. There is no independent verification of the platform’s security or execution quality.

No third‑party platform such as MetaTrader is offered, which limits choice and means traders must rely solely on the broker’s software. This is a red flag when combined with a lack of regulation.

LunarCapital does not disclose any deposit or withdrawal methods on its website. Traders must reach out to the broker to learn how to fund an account, an unusual practice that further obscures the client experience.

Equally, no fee schedule is published. Without clear information on spreads, commissions or overnight charges, prospective clients are left unable to calculate the total cost of trading. This lack of transparency is a serious drawback.

Given the combination of high minimum deposits for its upper tiers and a complete lack of regulation, LunarCapital appears to position itself towards high‑net‑worth individuals willing to take large risks. However, the absence of any credible oversight makes this broker unsuitable for virtually all retail traders.

Even experienced traders accustomed to offshore brokers would likely be deterred by the barrage of user complaints and the broker’s failure to disclose basic operational details. Beginners, in particular, should avoid this broker entirely.