BLACK MOON TRADE

According to WikiFX assessment, BLACK MOON TRADE carries a significant risk profile. The broker holds a low overall score of 2.01 out of 10, reflecting the absence of any valid regulatory license from a major financial authority. It is registered in Saint Vincent and the Grenadines, a jurisdiction known for minimal oversight. Without a formal dispute resolution mechanism or investor compensation scheme, traders face elevated counterparty risk. WikiFX data indicates that the broker's regulatory and risk control indices are both at zero, further underscoring the lack of protective safeguards.

No, BLACK MOON TRADE is not regulated by any recognized financial authority. WikiFX data shows no valid forex licenses in its license database. The broker operates under a registration in Saint Vincent and the Grenadines, which does not impose official oversight or require compliance with international trading standards. This means clients have no recourse to a regulatory ombudsman or compensation fund.

The minimum deposit varies by account type. The Standard, Pro, and Raw accounts each require a minimum deposit of $50, while the Institutional account requires $1,000. This range allows traders with different capital levels to access the platform, though the lower entry point is more accessible for retail traders.

BLACK MOON TRADE supports the MetaTrader 4 (MT4) platform via a White Label arrangement. WikiFX verification confirms the broker uses two MT4 servers. The average execution speed recorded is 235.5 milliseconds, which is moderate. MT5 is not currently offered.