Moon Star does not specify the office address and place of registration of the company. Besides, there is no information on the history of the brand and the date of its launch. As for the domain, it was registered in May 2023. According to the legal documents, the broker does not have any regulators and the project does not have a license. It’s worth noting that in the account registration form on the website, there are dozens of countries in which the application from clients is considered, for example, Syria, the USA, Afghanistan. Finally, there are no communication channels other than e-mail to contact technical support.
How safe is it to trade on this platform? Can you make a profit here? We will study the functions of the terminal, and the user’s capabilities in the process of margin trading in various assets and make a conclusion about the reliability of the broker.
Trading Conditions
Moon Star connects its platform to the world’s major CFD and Forex markets. The terminal works on Windows computers, it is also available in apps for smartphones and tablets. You can trade currency pairs, indices, cryptocurrencies, energy, metals, futures, and stocks. The broker promises to keep client funds separate from operational accounts, meaning that the company cannot manage them. For security purposes, personal data is protected by the “Steel Cage” system.
The service gives you a choice of 5 tariff plans. You can choose an account with different minimum deposit amounts and other parameters from the following options:
- Beginner from $5,000 – leverage 1:10, limited open position amounts
- Trader from $10,000 – leverage 1:20, limited open position amounts.
- Expert from $25,000 – leverage 1:30, unlimited open position amounts, trading signals
- VIP from $50,000 – leverage 1:40, unlimited open position amounts, trading signals
- Exclusive from $100,000 – leverage 1:50, unlimited open position amounts, trading signals.
All account types have a minimum trade size of 0.01 lot, Free VPS, and full 24/5 support. Moon Star provides all clients with a personal account manager.
Deposits and withdrawals are possible via credit/debit card or bank account. A withdrawal request is processed within 3 days, then the transaction is processed for another 5-7 days. The minimum withdrawal amount is $50. The broker does not charge any withdrawal fees.
Your income can be increased by bonuses and rewards for participation in the affiliate program. You must trade a minimum volume before you can withdraw bonus funds. It is ¼ of the bonus amount. Otherwise, the bonus amount will be withdrawn by the broker from your account after 60 days from the deposit date.
The site has a stock ticker from TradingView (platform and social network) All users on Moon Star have access to sections of the site with technical analysis, market quotes, economic calendar, crypto market, and trading hours.
FAQ
Would investing in Moon Star offer the best returns?
Your cooperation with an anonymous broker is doomed to failure in advance. You will not be able to make money on an unstable platform in CFD trading, which is banned in the U.S. as high risk.
Does Moon Star carry out withdrawals?
Withdrawals are unlikely to be possible for you, judging by traders' reviews. Many clients complain about delays in processing applications or refusal to withdraw money without explanation. You can share your experiences in the comments too if you have any.
May I be scammed on moon-star.io?
The risk of fraud is high on the website of this broker, which does not provide information about its legal and actual address. This company does not have a license, and without the support of supervisory authorities, you will not be able to rely on the integrity of the broker and the judicial protection of your rights.
What's the best way to share my experience with Moon Star?
Fill out the form and we'll make sure your voice is heard.
How can I tell if moon-star.io is a fraudulent company?
Do your own research and never believe those who promise you easy money.
Zal beslist niet zijn echte naam zijn???
They called me for several days for transfer my wallet to their platform for more profits.
An arbitrage analyst from Moon-star.io took over my screen with Quick support and transferred my wallet from Bitvavo to my Trust Wallet and then he sent it from my Trust wallet to their platform.
I think I made a very wrong move in giving this permission to him.
After two days I asked him to withdraw my wallet and send it to my Trust Wallet. He said I can do it but I can not send it to Trust Wallet. I can send it only to your Exodus. I said OK. He did it and send my balance 2960 euro to my Exodus.
After that he said you should not see the amount on your Exodus. He said you at leest have to 10 percent of BTC on your Exodus.
Then I understood that he is a real scammer. Since then, I have sent two emails to them, but have had no response while they have called me dozens of times so far. On advice, I didn't answer their phone. Please don't trade with them. Moon-star.io is dangerous.
Likewise Aria Raziei, my Moon Star broker, Anna D'Amico, called me various times; on her advice I invested, after an initial amount of € 300, € 2000 on a savings- (or trading-?) account, with the bank Wise Europe (with a BE-account number - a Belgian bank?). Later on Anna opened, with my assistance, a second account with the Dutch bunq-bank (a bank which only operates on the internet), on which she (alas with my own assistance) transferred (three times) considerable amounts from my ING account - money that I now whish to get back; for unlike which is the case with my ING-account, I have totally no control about this bunq-account, nor over my initial account - if still existing - with Wise Europe. (The Wise- and bunq-accounts are on my name, but that is not helpful for me...)
I plan further (own, and if necessary, legal) action in this case, and I will inform the visitors of this platform about it.
* Olof Bekedam, Amsterdam NL