Moon4Traders Review – Are Funded Programs Reliable or Not?

Moon4Traders firm is working under the flag of Moon4Traders LLC. This firm has been listed in the Saint Vincent and the Grenadines FSA register since 2022. With this information, you can’t be satisfied enough. Especially if you are looking for a place to invest your money in.

However, this company recently switched their model of operations to a proprietary trading rather than being a traditional brokerage. Our unbiased Moon4Traders review will show you if that’s true or not.

Legal Information About Moon4Traders

Moon4Traders LLC is headquartered in SVG. It’s an offshore country considered a hub for swindlers. That’s why their regulatory body decided not to provide licenses to investment firms involved in Forex and CFD trading. However, companies listed there that have Tier 1 licenses like FCA, BaFin or ASIC can be trusted.

Instead of these trusted regulations, this investment firm opted for the Mwali International Services Authority (MISA). Generally speaking, their requirements can’t be compared to top regulatory ones. Primarily because this company doesn’t offer funds protection features, such as segregated bank accounts or compensation schemes.

How Does Moon4Traders Firm Work?

The idea behind the company is to offer you a funded account for a fixed payment. For instance, with a $250 payment, you get $10K in funds for trading. If you complete a challenge you could keep 90% of your profits.

These investment firms definitely are not good environments for beginners. Even though the company has a license, it’s an offshore one, and cannot be trusted.

Trading Software and Conditions

That’s exactly where things don’t add up. After all, you don’t know what software you are using. Neither you know any trading conditions related to that trading environment. Therefore, plenty of room for errors.

Keep in mind that the company claims to offer a platform available on all devices, including iOS and Android. However, download options and transparent insight are not available. If you are not able to use MetaTrader or cTrader, you shouldn’t do it. Luckily, our Cooper Markets review presents you with more software choice bonus tips.

What Other Traders Think About Moon4Traders?

Generally speaking, the company’s reviews look positive. With a 3.9 average rating on Trustpilot and 36 comments in total, you might think they are legit. However, there are already 15% of negative comments that you should read and acknowledge.

Who Are Their Clients?

As can be seen, the company is mainly targeting Spaniards. Even their website is translated into Spanish and Portuguese. Nevertheless, most of their clients are coming from: 

• United States
• Venezuela
• Spain
• Chile
• Colombia

This is inspite their own claims not to offer services to residents of the USA, Iran and Canada.

Investment Packages Available With The Company

The first step with this firm is to pass one of their challenges. With this evaluation process, you can pass to the next step – verification. Only after you pass a verification step, you can get a fully funded account. But this step is also where you can gain your first profits. Allegedly.

Anyway, the company has diversified its packages into three groups. Bear in mind that regular challenges include verification while other options don’t. You can choose between:

• Regular challenges – $250 – $1.250 fee / $10k – $250k funded
• Power accounts – $1.500 / $3.000 – $10k / $20k funded
• One-stage challenges – $279 – $799 – $10k – $100k funded

In general, the goal is to reach the target in the given time. The payouts range between weekly, biweekly, triweekly and monthly. However, traders could be easily disqualified with one wrong trade. If you pass the mark of 10% overall loss, you are out. Yet, with unknown trading software and conditions, this could be really dangerous. Even impossible, if you like.

How To Get In Touch With The Company?

Important to realize is that the company doesn’t reveal any reliable contact options. The only available method is a live chat. But even there, you don’t talk to their agents directly first. Instead, you are guided through the FAQ section.

In any case, if you compare this company to any Tier 1 licensed broker, you will see too many differences. Therefore, you should be extremely careful with non-transparent firms. This is why we present you with a Crypto Messiah review for more clarity about investment firms.

Funding Methods and Withdrawals

Another worrying fact is that the company doesn’t accept any overall trusted payment methods, such as bank cards or wire transfers. Instead, they only accept crypto payments. But you must keep in mind one thing. Those transfers are virtually irreversible and hardly traceable. In the case something goes wrong, what are you going to do about it?

Their weak offshore regulation can’t trace down these transfers, primarily because those are anonymous on the blockchain and no low tier regulator will bother with it. So, you could be left with nothing in the worst-case scenario. Apparently, withdrawal fees are set to zero. However, none of the other withdrawal conditions are transparent with the company.

What is interesting is that the firm doesn’t allow traders to use any advanced features or tools. No are copy trading or EAs allowed with the Moon4Traders. This is obviously an obstacle for any investor.

Is It Possible to Make Money By Online Trading?

Definitely, but the key to making money online is to find a trusted brokerage. Also, to have the freedom to use any tools you want. Since Moon4Traders is limiting its traders, we strongly suggest you find another company. Most importantly, one that has top-tier licenses and maximum funds protection features. But also the one that will allow you to use AI Analysis Bot.

The software combines historical and live data to provide you with a trading signal for your next investment. Save time for learning and maximize your trading potential with this tool already today! If you are sick of swindlers and fake investment opportunities, get in touch with us.

Our specialists can give you in-depth guidance and practical advice for safe trading! Most importantly, free of charge for the first meeting. Book yours now!

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