Moon4Traders Review

When you want to stay safe from online scams, the first thing to do is check out the companies you want to invest in. You should read reviews from other traders who’ve used Moon4Traders. These reviews help you see if Moon4Traders is trustworthy. Many users didn’t like their experience with Moon4Traders. The main worry is that Moon4Traders isn’t regulated. This lack of clarity makes us cautious. So, we’ve looked into it to answer: Is Moon4Traders a scam or a legit broker? Doing some research upfront can help you protect yourself and your money from scams.

What is Moon4Traders?

Before we decide if Moon4Traders is a scam or not, let’s hear what the company says. Moon4Traders started in 2022. They say they’re a funding company that looks for talented traders worldwide. They say traders can get a funded account by doing well in trading challenges. Traders get 90% of the profits, and Moon4Traders keeps 10%.

Moon4Traders also says they offer access to six types of trading: Foreign Exchange, Metals, Indices, Cryptocurrencies, Shares, and Commodities. They say this gives traders flexibility in their investments. We did more research to help you make a smart choice.

🏢 Headquarters	St. Vincent and the Grenadines
🗺️ Type of License	No license
Established in	2009
⭐ Recommended Licenses	FCA in the UK 🇬🇧 and ASIC in Australia 🇦🇺
Is Moon4Traders safe to trade?	No

Is Moon4Traders Legit Broker or a Scam?

The straightforward answer is no. Moon4Traders isn’t a reliable broker. They don’t have a top-tier license. Moon4Traders LLC is based in St. Vincent & the Grenadines and is registered as an international business company with the number 1925 LLC 2022. They claim to be regulated by the MWALI International Services Authority.

St. Vincent & the Grenadines is known as an offshore zone. Brokers there aren’t considered safe for Forex trading. They often have a history of financial fraud.

To keep your money safe, it’s best to trade with well-regulated brokers with good reputations. Brokers like Moon4Trades, ProsperityFX, and FxBitCapital, which are based in St. Vincent & the Grenadines, aren’t the most trustworthy choices.

Also, Moon4Traders says they’re regulated by the MWALI International Services Authority. But it turns out M.I.S.A. is fake. Financial activities on Moheli island are only overseen by the Central Bank of Comoros.

Pros and Cons

Pros	Cons
Offers different investment plans: Moon4Traders shows different ways to invest money. But we don’t know if these plans really work.	Not regulated: The big problem is that Moon4Traders isn’t watched by any regulators. That means if traders have problems with the company, they can’t get help, and their money isn’t safe.
	Information is unclear: Moon4Traders doesn’t tell us much about when it started, where it’s based, or if it follows rules. Also, it’s hard to find details about how to use the trading platform, what you can trade, how to put in or take out money, and if there are lessons to learn.
	Makes big promises about making money and not losing: Saying you’ll make a lot of money and not lose any is a warning sign in trading. Real brokers know there are always risks when you trade.
	Not much or reliable help for customers: People who use Moon4Traders worry about the quality and trustworthiness of the company’s customer service.

How to Withdraw From Moon4Traders?

If your money is stuck in your Moon4Traders account, it’s best to try reaching out to them first in every possible way and ask for your money back. This will give you proof to show to authorities later if they won’t give you your money. Unfortunately, Moon4Traders isn’t checked or allowed to work by any big group that regulates things. So, getting your money out might be hard if they ignore you or stop your account for no reason.

If a company doesn’t have permission from the people who watch over things in your area, it means they’re not being watched where you live, so you should stay away. Even if a company is checked, it’s better to avoid it if the people checking it aren’t where you live.

Doing lots of research before you put money into a website for investing can help you not lose money or get stressed later on.

Moon4Traders Alternative Brokers

If you’re worried about how safe and reliable Moon4Traders is, we suggest checking out other options. These other brokers have stronger rules to follow and better conditions for trading. Here are some good ones to consider: BlackBull Markets, HFM and eToro.

Deposits and Withdrawals

Getting started with Moon4Traders sounds easy. You just sign up, pick a challenge that suits your trading style, deposit cryptocurrency into your Moon4Traders wallet, buy the challenge, and start trading. When it comes to taking your money out, there’s a specific time frame for each account. You can find this information on your Moon4Trader’s profile.

But be careful, there’s not much detail about how withdrawals work. Also, because Moon4Traders is registered in a place with loose financial rules, it’s best to be really careful when trusting them with your money. Brokers in these kinds of places have often been involved in scams.

Accounts

The broker gives you different account options to start trading. These accounts have different rules, so you can pick the one that fits you best. You can’t use fancy trading tools or Copy Trading with this broker. First, you have to finish one of their challenges. If you pass, you can move on to the next step, which is verifying your account. Only after you’ve verified your account can you get access to a fully funded account.

Trading Platform

Moon4Traders is a broker without rules. It doesn’t give its clients the best MT4 or MT5 trading platforms, which are widely used in the industry. Instead, it has its own platform. This broker claims that its own platform works on any device like Windows, Android, or iPhone. But it doesn’t share much about this platform.

Customer Support

It’s concerning that Moon4Traders doesn’t give traders any way to contact them about trading issues. This is a warning sign. They just want to take traders’ money and vanish.

Final Thoughts

Based on many warning signs like no rules, unclear details, and worrying actions, it’s best to avoid Moon4Traders. Bad feedback from customers is a big worry too. The broker doesn’t give clear information about when it started, where it’s based, or if it follows rules. Also, information about trading, money stuff, and learning isn’t easy to find. The services and trading rules are just okay and not special. So, it’s smarter to pick brokers that follow rules tightly and have a good reputation. Choosing a broker that follows the rules keeps your money safe and makes trading fair.