Black Moon Trade
Abstract：Black Moon Trade is a relatively new broker founded in Saint Vincent and the Grenadines, offering a variety of trading instruments like Forex, Indices, Energies, Metals, Cryptos, Equities, Stocks, CFDs. It provides MT4 but doesn't have any regulations now. The minimum deposit is $50 and spreads is from 0.2 pips.
| Black Moon Trade Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Forex, Indices, Energies, Metals, Cryptos, Equities, Stocks, CFDs |
| Demo Account | ✔ |
| Leverage | Up to 1:100 |
| Spread | From 0.2 pips |
| Trading Platform | MT4, PAMM |
| Minimum Deposit | $50 |
| Customer Support | Phone: +971 58 668 4537 |
| Email: info@blackmoontrade.com | |
| Address: Nazar Banionis, Flat 2302, 392-Marsa Dubai, Dubai, UAE. | |
| Regional Restrictions | Saint Vincent and the Grenadines, United States, Democratic People's Republic of Korea (North Korea). Eritrea, Iran, Iraq, Liberia. Libya, Somalia. Sudan, Syria. Japan. Canada, US Virgin Islands and Puerto Rico |
Black Moon Trade Information
Black Moon Trade is a relatively new broker founded in Saint Vincent and the Grenadines, offering a variety of trading instruments like Forex, Indices, Energies, Metals, Cryptos, Equities, Stocks, CFDs. It provides MT4 but doesn't have any regulations now. The minimum deposit is $50 and spreads is from 0.2 pips.
Pros and Cons
| Pros | Cons |
| Various trading instruments | No regulation |
| 24/7 customer support | Commission fees charged |
| MT4 provided | Regional restrictions |
| Four types of accounts |
Is Black Moon Trade Legit?
No. Black Moon Trade has no regulations currently. Please be aware of the risk!
What Can I Trade on Black Moon Trade?
Black Moon Trade offers trading instruments on Forex, Indices, Energy, Metals, Cryptos, Equities, Stocks, CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Cryptos | ✔ |
| Equities | ✔ |
| Stocks | ✔ |
| CFDs | ✔ |
Account Type
Now there are four account types Black Moon Trade offers.
| Minimum deposit | |
| Standard | $50 |
| Raw | $50 |
| Pro | $50 |
| Institutional | $1000 |
Leverage and Fees
| Leverage | Spreads | Commissions | |
| Standard | 1:50 | 0.5-1.5 pips | $5 |
| Raw | 1:50 | 0.5-1.5 pips | $5 |
| Pro | 1:50 | 0.5-1.5 pips | $5 |
| Institutional | 1:100 | 0.2-1.2 pips | $5 |
Trading Platform
Black Moon Trade offers MT4 and PAMM.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, Mobile | Beginners |
| PAMM | ✔ | PC, Mobile | / |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Now there is no information about funding on the official website.
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