Moon Chart Signals is a forex and CFD broker whose official website domain was registered on January 4, 2022, primarily providing financial trading services in forex, cryptocurrencies, options, and more, with an unknown headquarters address. This broker does not offer services in jurisdictions that may violate local laws or regulations.
Corporate Registration and Regulatory Status:
Public information on the Moon Chart Signals official website indicates that the company's registered address is at 8 Salisbury Square, London EC4Y 8BB, United Kingdom. In addition, the broker has not disclosed any corporate entity registration information nor regulatory status.
Upon verification, the UK Companies House and the Financial Conduct Authority (FCA) have no records of a corporate entity named Moon Chart Signals, nor could the broker be found registered with any other financial regulatory authorities in other jurisdictions. Therefore, this broker is not effectively regulated, and the corporate entity might not exist.
Account Opening:
To open an account with Moon Chart Signals: Access the broker's official website, click on "OPEN A TRADING ACCOUNT" on the homepage or "REGISTER" at the top right of the page to enter the account registration interface. Fill in the required information such as name, email address, phone number, nationality, base currency, gender, and set a password before submitting. Once the account registration form is submitted, the account is successfully registered and automatically redirected to the Webtrader panel, where users must complete full identity verification before they can deposit and trade.
Account Types:
Moon Chart Signals offers three different types of real trading accounts: MICRO ACCOUNT, PRO ACCOUNT, and ECN ACCOUNT.
MICRO ACCOUNT:
- Trading Platform: MT4
- Spreads: Floating starting from 0.4 pips; fixed starting from 2 pips
- Trading Commission: None
- Markup on Spreads: Yes
- Recommended Deposit: $500
- Trading Instruments: 28 currency pairs, gold and silver, 4 indices, 3 cryptocurrencies
- Maximum Leverage: Currencies 1:500, Metals 1:200, Indices 1:50, Cryptocurrencies 1:2
- Minimum Trade Size: 0.01 lots
- Maximum Trade Size: Unlimited
- Order Execution Type: Market execution
- Decimal Pricing: 5 digits after the decimal point
- Deposit Currency: USD or EUR
- Margin Call Level: 25%
- Stop-Out Level: 15%
- Hedging/Scalping: Allowed
- Expert Advisors: Available
- Swap Account: Available
- Overnight Commission: Swap-free commissions
- CFD Trading: Supported
- Cryptocurrency Trading: Supported
PRO ACCOUNT:
- Trading Platform: MT5
- Spreads: Floating starting from 0.2 pips
- Trading Commission: None
- Markup on Spreads: Yes
- Recommended Deposit: $500
- Trading Instruments: 28 currency pairs, 4 metals, 2 energy products, 10 indices, cryptocurrencies
- Maximum Leverage: Currencies 1:200, Metals and Energy 1:100, Indices 1:50, Cryptocurrencies 1:2
- Minimum Trade Size: 0.01 lots
- Maximum Trade Size: Unlimited
- Order Execution Type: Market execution
- Decimal Pricing: 5 digits after the decimal point
- Deposit Currency: USD or EUR
- Margin Call Level: 45%
- Stop-Out Level: 30%
- Hedging/Scalping: Allowed
- Expert Advisors: Available
- Swap Account: Not supported
- Overnight Commission: 3-day fee
- CFD Trading: Supported
- Cryptocurrency Trading: Supported
ECN ACCOUNT:
- Trading Platform: cTrader
- Spreads: Floating starting from 0 pips
- Trading Commission: Yes
- Markup on Spreads: None
- Recommended Deposit: $500
- Trading Instruments: 28 currency pairs, gold and silver
- Maximum Leverage: Currencies 1:500, Metals 1:200
- Minimum Trade Size: 0.01 lots
- Maximum Trade Size: Unlimited
- Order Execution Type: Market execution
- Decimal Pricing: 5 digits after the decimal point
- Deposit Currency: USD or EUR
- Margin Call Level: 25%
- Stop-Out Level: 15%
- Hedging/Scalping: Allowed
- Expert Advisors: Available
- Swap Account: Not supported
- Overnight Commission: Weekend fee
- CFD Trading: Not supported
- Cryptocurrency Trading: Not supported
Investment Plans:
Moon Chart Signals also offers three different investment plans: BRONZE PLAN, SILVER PLAN, and GOLD PLAN.
BRONZE PLAN:
- Investment Range: $300—$2,499
- Investment Period: Seven days
- Daily Profit: 1.7%.
- Profit Limit: Up to $2,500
- Principal Included: Investment return includes the principal.
- Referral Commission: Referring new investors earns a 6% commission.
SILVER PLAN:
- Investment Range: $2,500—$9,999
- Investment Period: Seven days
- Daily Profit: 2.1%.
- Profit Limit: Up to $10,000
- Principal Included: Investment return includes the principal.
- Referral Commission: Referring new investors earns an 8% commission.
GOLD PLAN:
- Investment Range: $10,000—$50,000
- Investment Period: Seven days
- Daily Profit: 2.5%.
- Profit Limit: Up to $10,000
- Principal Included: Investment return includes the principal.
- Referral Commission: Referring new investors earns a 10% commission.
Trading Platform:
The Moon Chart Signals official website claims to offer trading platforms such as MT4, MT5, and cTrader, but the broker's website does not provide corresponding download links, and searching for Moon Chart Signals on these trading platforms yields no results.
Deposits and Withdrawals:
Moon Chart Signals does not mention the deposit and withdrawal methods it supports.
Conclusion:
Traderknows reminds investors that Moon Chart Signals is a forex broker without regulation, and it is uncertain whether its corporate entity truly exists. Traderknows advises investors to preferably choose brokers that are transparent in information, strongly regulated, and have a good reputation for investment trading activities, to avoid unnecessary financial losses.
Currently, this broker is marked as a 'Ponzi Scheme' on Traderknows.
