Moonetrix

Withdrawals don’t work here. Nothing happens when I request a withdrawal. No one is returning my money. No one is calling the phone number I provided in the feedback form. What’s more, the feedback form listed as contact information on their official website turned out to be non-functional after I deposited $14k. So I am warning everyone else that there are crooks operating here, and that you will definitely lose all your money, just like I did 🙁 It’s good that my review is anonymous, I wouldn’t want to talk about such a disgrace in my own name.

Do you know any forex traders who would dare to invest $5,000 at once in this obscure and unknown broker? I don’t know anyone like that. The amounts are huge, and their floating spreads destroy profits. I read about this on forums where people are very dissatisfied with their experience with this platform in their reviews, so it’s better to walk away and not take the risk

If you see positive reviews about this broker, know that they are fake comments. I am 100% sure that these scammers will advertise themselves using fake positive reviews, because there is no other way for crooks in the forex industry to advertise and promote their fraudulent websites. I know for a fact that it is easier and cheaper for them to order fake reviews than to buy advertising in the usual way. Moreover, the Moonetrix project was created for both a quick and a long-term scam, if their “brand” takes off, which is, of course, unlikely. It is important to note that you can invest here, but only for a short time, as it is impossible to withdraw funds. It goes without saying that there is no point in investing even $100 in trading on moonetrix.com, because you are essentially giving this money to scammers right away. Especially since they require 5 thousand right away!!!! Please note that the license, insurance, documents, bank details — all of this is completely absent from this company’s website. Finally, the brand name was taken from a completely different company from the Marshall Islands registry. This was done to make people think that they are dealing with a real organization, but this is absolutely not the case!

Firstly, this dealing center does not even disclose details about how it processes client orders. I mean, does Moonetrix transfer money to liquidity providers or not? I just see that CFDs are offered here, not real assets, which means that there must be some kind of hybrid model in which traders’ transactions are passed on to a larger liquidity provider. However, there is no mention of this on moonetrix.com. It seems to me that the broker is still operating on a B-book model. Therefore, I advise you not to deal with this offshore forex dump. No matter how many times I have traded with similar CFD brokers in the past, they have always turned out to be fraudulent firms. Secondly, there is no mention of regulation on this website. Thus, the two most important things for any broker are whether or not a license has been obtained and which one has been obtained, and the second is the business model, which must be either hybrid (large players are attracted to the provider) or a 100% A-book model. It turns out that this scammer has neither a license nor a normal business model, but only a model for executing orders with a conflict of interest. I can say with confidence that no one will find success here, only lost deposits.

If MOONETRIX representatives start calling you and offering expert advice or Forex signals, don’t believe them! Their only goal is to lure victims into their trap and get as much money as possible out of your bank accounts. For example, I fell into this trap and opened oil trades and continued to open additional trades on commodities with a bullish trend, which resulted in a stop-out, and my entire deposit went down the drain!!