Compare OANDA Vs LunarCapital: Which is the Better Forex Broker in 2025?
OANDA’s Standard Account provides access to the broker’s full range of trading instruments. The account comes with variable spreads and the ability to trade on OANDA’s proprietary platform or third-party platforms like MT4 and MT5. LunarCapital offers a wide choice of trading platforms with high functionality, meeting the needs of different traders. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all LunarCapital and Oanda educational resources and financial research tools.
One of the key points of distinction is that OANDA is known for its strong compliance culture and its transparency regarding pricing and execution. The company also offers negative balance protection in many jurisdictions, adding an extra layer of safety for traders. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. Oanda provides high-quality trading platforms with deep functionality and integration with TradingView. Oanda offers flexible conditions for depositing and withdrawing funds, but payment system commissions and currency conversion costs may apply.
- LunarCapital is listed as a publically traded company so are a reputable broker.
- Both OANDA and LunarCapital have features catering to different trading needs and strategies, and understanding these nuances can help traders choose a platform that aligns best with their financial goals.
- OANDA’s Standard Account provides access to the broker’s full range of trading instruments.
- The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia.
- Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.
Thanks to online brokers, traders have tools at the fingertips that can transform them from a novice into a pro. LunarCapital provides a wide range of educational materials, including webinars, video tutorials, articles, and market analysis. The broker also offers a comprehensive trading school for beginners, covering topics like technical analysis, trading psychology, and risk management. OANDA’s spreads are also competitive, with the typical spread on major currency pairs starting from 1.0 pip. However, OANDA’s spreads can fluctuate depending on market conditions, and traders can opt for tighter spreads on its Core Account, which uses a commission-based pricing model.
Forex Fixed Spreads
Withdrawal processing times depend on the payment processor, where LunarCapital offers more transparency, noting it processes requests within two business days. Oanda reviews show typical processing times of one to two business days but can be up to six business days, dependent on the geographic location of clients and their chosen withdrawal method. We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly. A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
LunarCapital Vs Oanda Email Support
Overall, customer surveys indicate LunarCapital is more responsive to trader needs and more professional in how inquiries are handled. There is also a plugin traders can use to integrate with their own MT4 platform as desired. Unfortunately, recent LunarCapital users give both the iOS/Apple and Android apps poor reviews over the last few months. But then again, Oanda requires an initial minimum of just $50 to fund a live trading account, while LunarCapital requires a $300 minimum to fund the same. However, Oanda does offer a wider variety of options than LunarCapital in each of their categories. Having said that, it is also widely known that the United States is the most restrictive forex marketplace on the planet.
The most effective investment portfolios cover potential risks and encompass many businesses and stocks. Oanda stands out for its wide variety of tradeable assets and global reputation, offering access to over 3,900 financial instruments, including Forex, stocks, commodities, and cryptocurrencies. LunarCapital, on the other hand, has a smaller range with around 440 instruments but is especially recognized for its advanced trading tools and algorithmic trading support. When comparing the range of investments available on OANDA and LunarCapital, both brokers offer forex trading as either a CFD or spot contract, making them versatile platforms for forex enthusiasts. OANDA boasts a significantly larger selection, with 3,928 tradeable symbols and 68 forex pairs, compared to LunarCapital’s 440 symbols and 43 forex pairs. Both LunarCapital and OANDA offer excellent customer support and educational resources.
Oanda narrowly edges out LunarCapital in this category based on the number of Tier-1 (most trusted) operating licenses the broker has obtained. Oanda made the cover of ‘Time magazine’ just one year after launching its first big product. The company released up-to-date online information about exchange rates…absolutely free. In other words, both brokers have what equestrians like to call “staying power.” After this many years in the biz, it is safe to say they are each fundamentally built to last.
LunarCapital and Oanda offer low deposits and access to a selection of market insights and news resources. Demo trading accounts are a big plus for LunarCapital and Oanda as it shows they are interested in their customers. The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools. If you are not near your desktop computer, you will probably be near and have access to your phone and LunarCapital and Oanda mobile trading apps.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LunarCapital also supports MetaTrader 4 (MT4), one of the most widely used trading platforms in the forex industry. MT4 is known for its ease of use, vast community support, and customizability. LunarCapital’s version of MT4 allows for automated trading via Expert Advisors (EAs) and offers a wide range of indicators and charting tools. LunarCapital and Oanda are regulated, which means that as part of their regulatory obligations LunarCapital and Oanda have to offer a certain level of financial protection to their clients.
Introduction to LunarCapital and OANDA
- What this boils down to is that LunarCapital is more likely to have better effective spreads than Oanda.
- Manage risk, trade through charts and take advantage of a currency-strength heat map.
- Both brokers provide a solid range of trading platforms, including proprietary options and support for popular tools like MetaTrader 4.
- Users can choose to trade them on the OANDA trade platform or MT4.
- Unfortunately, recent LunarCapital users give both the iOS/Apple and Android apps poor reviews over the last few months.
Oanda is a renowned United States, Canada financial trading brokerage established in 1996. Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of LunarCapital and Oanda side by side. We’ve compared more than 100 variables and features so you can see the pros and cons of LunarCapital and Oanda side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.Scroll the whole post below, or use the quick menu to jump to the relevant section.
Fee Comparison
LunarCapital does offer clients Islamic accounts, while Oanda does not offer clients Islamic accounts. LunarCapital does offer clients ECN accounts, while Oanda does not offer clients ECN accounts. If you need a micro account check if LunarCapital or Oanda offer micro trading accounts in your region. You ideally want to choose a broker like LunarCapital or Oanda that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with LunarCapital or Oanda.
When it comes to trading platforms, both LunarCapital and Oanda offer multiple options. This comes down to personal choice, When comparing LunarCapital vs. Oanda on trading platforms, we’ll call it a draw. But LunarCapital does have a slight edge thanks to its copy-trader capabilities on ZuluTrade.
They also have quite an extensive collection of educational tools, which can be especially beneficial for beginning traders. LunarCapital also wins when it comes to trading tools available and the multiple trading platforms their traders can access. Unfortunately, at the moment, Oanda only has its proprietary platform and MT4. OANDA’s customer support is also top-notch, with support available 24/5 through live chat, email, and phone.
Trading Platforms: A Vital Factor in Broker Selection
While OANDA’s regulatory standing benefits from a greater number of Tier-1 licenses, LunarCapital’s higher Trust Score indicates slightly more trust from ForexBrokers.com. However, OANDA remains a highly trusted choice with its 93 Trust Score. Investors looking to choose between these two brokers should consider these regulatory credentials and trust levels to better match their trading needs and preferences. Experienced traders in particular are well-served by Oanda’s research and resource offerings. Unfortunately, LunarCapital gets some points deducted for the recent performance of their apps. From the most recent user reviews for each app, it appears the company is in the midst of a number of app updates.
Markets and Products
On top of this, you will need to discover if LunarCapital and Oanda match your trading needs. All in all, https://lunarcapital.net/ the two brokers are a solid choice regardless of which one you decide to go with. And if you want to learn more about either of them, check out our more detailed LunarCapital and Oanda reviews.
Oanda and LunarCapital are both market maker/ECN hybrids, meaning that both have at least one commission-free account type with a dealing desk, usually a sophisticated electronic one. LunarCapital also facilitates cryptocurrency trading while Oanda does not. As you may have seen in this table, you can trade 5 different cryptocurrency CFDs with LunarCapital.