Black Moon Trade Review

About Black Moon Trade

Black Moon Trade Ltd is incorporated in Saint Lucia as an International Business Company, registration number 2025‑00379; it is also registered under business company number 26417 BC 2021 in Saint Vincent and the Grenadines, with an office at Suite 305, Griffith Corporate Centre, Kingstown; a local office is listed in Dubai, UAE. —

The broker offers CFDs, options, and spread betting on commodities, metals, indices, and assets via an unspecified over‑the‑counter (OTC) market; trading conditions include a minimum deposit of USD 50 for Standard, Raw, and Pro accounts and USD 1,000 for Institutional accounts; spreads range from 0.5–1.5 pips (0.2–1.2 pips on Institutional), leverage up to 1:50 for Standard/Raw/Pro and 1:100 for Institutional, fixed USD 5 commission and swap‑free (SI) options; base currencies USD and EUR. Platforms include MT4 and PAMM accounts. — &

Black Moon Trade is not regulated by recognized financial authorities such as the FCA, ASIC, CySEC, or SVG FSA; the Spanish CNMV listed the broker on its warning list for providing investment services without authorisation (dated November 11, 2024). Multiple independent sources denote it as unregulated and high‑risk. — &

Pros and cons

Pros

• Multiple account types (Standard, Raw, Pro, Institutional) with defined spreads, leverage, commission, and swap‑free options
• Offers MT4 platform and PAMM accounts

Cons

• No regulation by any recognised authority; listed as unauthorised by CNMV (November 11, 2024)
• High risk to investor protection and fund safety
• Claims of licensing in SVG are invalid, as SVG FSA does not regulate forex—no verifiable license found