Black Moon Trade Review : Fees, Pros and Cons, Reviews by Real Traders

Black Moon Trade

Operating status: SCAM

Website: https://www.blackmoontrade.com/

Broker violations and abnormal records

May 16, 2022 BrokersView has reviewed that Black Moon Trade is an Unregulated Forex Broker
Black Moon Trade claims to be a reliable broker registered in the St Vincent & The Grenadines Financial Services Authority (SVG FSA). However, we did not find any match results to this broker in SVG FSA. Besides, SVG FSA does neither issue licenses for forex brokers nor regulate any forex activities. So please beware of brokers making such claims, since brokers eligible to offer derivatives services should have licenses approved by the financial regulator. The truth is, Black Moon Trade is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Black Moon Trade claims to be a reliable broker registered in the St Vincent & The Grenadines Financial Services Authority (SVG FSA). However, we did not find any match results to this broker in SVG FSA. Besides, SVG FSA does neither issue licenses for forex brokers nor regulate any forex activities. So please beware of brokers making such claims, since brokers eligible to offer derivatives services should have licenses approved by the financial regulator. The truth is, Black Moon Trade is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Nov 17, 2022 BrokersView has found that Black Moon Trade is not working
BrokersView found the domain "https://www.blackmoontrade.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://www.blackmoontrade.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
Nov 10, 2024 The CNMV issues a warning against BLACK MOON TRADE
On November 11, 2024, the Comisión Nacional del Mercado de Valores (CNMV) has added BLACK MOON TRADE to its warning list for providing investment services without authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=jly0Om9MOrwwU%2bTb7A3DcJqsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL

On November 11, 2024, the Comisión Nacional del Mercado de Valores (CNMV) has added BLACK MOON TRADE to its warning list for providing investment services without authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=jly0Om9MOrwwU%2bTb7A3DcJqsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.