Score

1.39 /10
Danger

Moon4Traders

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.07

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Moon4Traders

Company Abbreviation

Moon4Traders

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Moon4Traders · Company summary
basic-info

General Information

Established in 2022, Moon4Traders presents itself as an online financial provider offering its clients easy access to diversified range of financial markets, such as currencies, Commodities, Cryptocurrencies, and Indices.

Moon4Traders is quite vague on who runs it and it does not disclose registered office address, either.

Is Moon4Traders safe to trade with

Obviously, Moon4Traders has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, WikiFX has assigned it a regulatory status of “No License” and an overall quality rating of 1.07 out of 10.

Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money. Before making any choice, investors are advised to check out a forex brokers regulatory status on WikiFX.

WikiFX

Market Instruments

Moon4Traders offers easy access to a total of six classes of trading instruments, including Foreign Exchange, Metals, Indices, Cryptocurrencies, Shares, Commodities. Traders have the great flexibility to diversify their investment portfolio and choose their preferable trading products.

market-instruments

Package Plans

Moon4Traders hypes that it provides various investment plans to suit different traders trading needs, and it also promises that high profits are guaranteed.

Bear in mind, it is a typically tactic that an unregulated brokerage house promise high profits and low risk, thus, extra vigilance should be taken when dealing with this kind of broker.

package-plan

How to get started to trading with this broker?

Before an investor is allowed to trade with real capital, this broker would verify that if he can handle risk.

1. Take part in Moon4Traderss challenge to see if you can handle the trading risk.

2. Wait for Moon4Traderss verification, and this is the last step to complete your evaluation process.

3. After verification, you can become a funded Moon4Traders member, and then trade on this platform.

Trading Platform

As an unregulated broker, Moon4Traders fails to offer its clients the industry-leading MT4 or MT5 trading platform, a proprietary platform instead. This broker says that its in-house platform can be run on any device, Windows, Android, iPhone. No further details about the platform is disclosed.

Customer Support

Worryingly, Moon4Traders does not leave any contact channels for traders with trading-related problems to get in touch with, which is another red flag. This broker just wants to extract traders available funds, and then disappear.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

News

NewsMoon4Traders has joined forces with PROFITFRIEND

Moon4Traders made a new partnership with PROFITRIEND, an online club helping people build ideas in the Web 3 space, on January 25, 2023. Is this an opportunity for forex traders?

WikiFX
2023-01-29 16:53
Moon4Traders has joined forces with PROFITFRIEND

User Reviews

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User comment

3

Comments

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FX1616485612
more than one year
I've been a user of Moon4Traders for quite some time, and I must say, the previous versions worked just fine for me. However, the recent app update has left me quite frustrated. Despite the claims in the app description about fixing some bugs, I still encounter issues while using it. The functionality seems glitchy, and it doesn't live up to the promised improvements.
I've been a user of Moon4Traders for quite some time, and I must say, the previous versions worked just fine for me. However, the recent app update has left me quite frustrated. Despite the claims in the app description about fixing some bugs, I still encounter issues while using it. The functionality seems glitchy, and it doesn't live up to the promised improvements.
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2024-02-02 17:14
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金元宝
more than one year
veo que este broker ofrece una amplia gama de instrumentos financieros como pares de divisas, acciones, metales, crciptomonedas... estoy interesado en probar un poquito.
veo que este broker ofrece una amplia gama de instrumentos financieros como pares de divisas, acciones, metales, crciptomonedas... estoy interesado en probar un poquito.
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2022-12-15 16:40
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