FXMOON, established in 2022, is a cryptocurrency broker specializing in trading services for binary options, forex, and cryptocurrencies. The broker offers three types of accounts: Bronze, Silver, and Gold, with the Bronze account requiring a minimum deposit of $1500 USD.
Company Background:
FXMOON is a cryptocurrency trader founded in 2022. The company's headquarters have not been disclosed. Its official website is https://www.fxmoon.net/, with the domain registered on October 31, 2022, about a year ago. The company focuses on providing binary options, forex, and cryptocurrency trading services to global clients. However, despite its claims of offering diverse trading products and services, key details such as the company's entity, leadership team, and registration information remain unclear and lack transparency. Therefore, investors considering using FXMOON's services should remain cautious to avoid potential financial losses.
Regulatory Status:
FXMOON claims to be regulated by the United States Commodity Futures Trading Commission (CFTC), the Belize International Financial Services Commission (IFSC), and the Cyprus Securities and Exchange Commission (CySEC). However, verification of the registration and regulatory records of these agencies revealed no information about FXMOON. This discrepancy raises questions about the company's claimed regulatory status. Because of this lack of transparency, investors have begun to question the company's integrity. It is advised that investors thoroughly investigate the company's actual regulatory status before using the platform to avoid potential risks.
Trading Products:
FXMOON is an emerging trading platform offering various trading products to meet the investment needs of global clients. Its main trading products include binary options, forex, and contracts for difference (CFDs). Binary options trading allows investors to earn profits by predicting price movements, while forex trading covers a broad range of currency pairs, providing ample trading opportunities. CFD trading allows investors to engage in transactions based on price differences without holding the actual assets, covering stocks, commodities, and indices.
In addition, FXMOON focuses on blockchain technology investments and offers a variety of cryptocurrency trading services. Major cryptocurrencies available for trading include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), and Ripple (XRP). The company is committed to promoting the adoption and innovation of blockchain technology, combining the advantages of traditional finance and emerging blockchain technology to provide clients with a unique trading experience.
Account Types:
The broker offers three different types of accounts: Bronze, Silver, and Gold. Each account type has its unique features and advantages, allowing clients to choose based on their individual investment needs and preferences.
Bronze Account
- Initial Deposit: $1500 USD
- Initial Bonus: $1500
- Supported Trading Signals: Unlimited
- Weekly Withdrawal Requests: Not Supported
- 24/7 Customer Support: Not Supported
- Other Features: Capital Return, Free Support
Silver Account
- Initial Deposit: $3000 USD
- Initial Bonus: $3000
- Supported Trading Signals: Unlimited
- Weekly Withdrawal Requests: Up to 7 times
- 24/7 Customer Support: Not Supported
- Other Features: Capital Return, Free Support
Gold Account
- Initial Deposit: Unlimited USD
- Initial Bonus: $5500
- Supported Trading Signals: Unlimited
- Weekly Withdrawal Requests: Up to 14 times
- 24/7 Customer Support: Not Supported
- Other Features: Capital Return, Free Support
Minimum Deposit Amount:
The broker's minimum deposit is $1500 USD, applicable to the Bronze account type. Features of the Bronze account include an initial deposit of $1500 USD, an initial bonus of $1500, unlimited trading signals, no support for weekly withdrawal requests, no 24/7 customer support, and capital return with free support. Silver and Gold accounts require higher initial deposits.
Account Registration:
FXMOON provides a straightforward account registration process divided into several steps. First, users must fill out basic personal information, including name, address, email, and phone number, ensuring the completeness and accuracy of the registration information. Next, users must set a secure password to ensure the confidentiality and security of account information. Finally, users must choose their preferred currency type for future transactions. Upon registration completion, users will receive a unique account and password to log into FXMOON's trading platform.
To log into the account, users must use the previously set account and password and enter them on FXMOON's login page. Once logged in, users can access various trading services offered on the platform, including binary options, forex, and cryptocurrency trading.
Customer Support:
FXMOON provides customer support services, but its support channels are limited, offering only an email address info@alltradeinnovative.ltd as a means of contact. This means that customers can only communicate with the platform through email, lacking other instant communication channels such as phone or online chat.
Conclusion:
FXMOON is a cryptocurrency trader founded in 2022, offering binary options, forex, and cryptocurrency trading services. However, it lacks transparency regarding its entity information, leadership team, and registration data. Despite claiming regulation by CFTC, IFSC, and CySEC, no relevant registration information was found, leading investors to question its credibility. The platform offers diverse trading products and three different account types, but its customer support channels are limited to email, lacking other instant communication methods. Therefore, investors should carefully consider and thoroughly research the platform to mitigate potential risks.
Currently, FXMOON is marked as "Suspected Fraud" on TraderKnows.
