Clear your doubts about us
What Is Moon4Traders Trading Based On?
WHAT IS MOON 4 TRADERS?
Moon4Traders is a funding prop firm dedicated to finding talented and profitable traders from anywhere in the world through consistency in their trading activity by passing the challenge and verification stages to receive a funded account with 90% of the profits to the trader and 10% for Moon4Traders.
HOW CAN I START THE FUNDING PROCESS?
It is very easty to get started with us, simply sign up, browse our challenges to pick one that fits your trading, deposit cryptocurrency into your Moon4Traders wallet, purchase a challenge and start trading!
WHEN/HOW CAN I WITHDRAW (PAYOUT) ?
Each challenge is different but you can request a withdrawal at the time that is assigned to your specific account, you can find this information from your metrics on your Moon4Trader’s user profile.
CAN I USE AN EA OR COPY TRADING?
Unfortunately Moon4Traders does not allow Expert Advisors nor copytrading scripting since Moon4Traders is looking to fund traders that are capable of consistency and profitablity on their own and just need financial power to make trading their priority.
CAN I GET A REFUND IF I PASS THE CHALLENGE?
Funded traders may receive a refund at the time of payout and has to comply with meeting a 3.5% profit on their first payout in order to receive a full refund (cryptocurrency withdrawal only).
Power Accounts are NOT eligible for refunds.
WHAT IS THE SPREAD?
The spread is not a fixed number but on average you can expect it to be from 1.2 and up (depending on market conditions).
What do I need in order to complete the KYC verfiication (Know your customer) ?
– A picture of your identification card (National ID, Driver’s license, passport).
– A current bank statement or utility bill (within 90 days).
– A selfie hodling your Identification card.
HOW MANY CHALLENGES CAN I BUY?
You can buy many challenges as you want, just remember that you can only unify up to 1 million dollars in funding.
HOW LONG DOES IT TAKE TO COMPLETE THE CHALLENGE?
Both stages (challenge & verification) have up to 45 calendar days to complete each stage. If you meet the minimum required trading days you can move on to the next stage much faster, there is an average wait time of up to 2 business days to receive an email that will take you to the next stage in our funding process. Must complete the KYC in order to get funded account credentials once the evaluation process is finished.
HOW MANY TIMES CAN I TAKE A CHALLENGE?
Operators can accept as many challenges as they want.
CAN I MERGE CHALLENGES INCLUDING POWER ACCOUNTS?
Yes! 100K Power accounts can be merged up to $1 million.
IS THERE A MINIMUM ON A DEPOSIT?
Yes, check the minimum deposit for each cryptocurrency before submitting a cryptocurrency deposit, Moon4Traders will not be responsible for any lost funds due to negligence of the user for not meeting the minimum amount.
What is a trading day?
Only the day when a trade was executed counts as a trading day. For our system to count a trade toward your progress, you must remain in it for at least 3 minutes.
Can I use high frequency trading?
High frequency trading is not allowed during your Moon4Traders funding process or funded account, such behavior will disqualify you from the challenge, verification or funded account without the possibility of a refund. All CFD contracts (trades) must last a minimum of 3 minutes.
How is the daily drawdown calculated?
The formula is as follows:
Last equity read taken – Start daily equity = Capital Variation
Capital Variation * 100 / Start daily equity =%
If the result is equal to or greater than 5%, you will automatically be disqualified.
Can I trade during news?
News trading is permitted; however, straddling (opening buy and sell pending orders at the same time before an economic news release) is not permitted; for example, if you want to set a buy limit, you will not be permitted to place a sell limit at the same time during 3 stars news. Please keep in mind that trade executions are not guaranteed during this time, and any losses that occur are solely your responsibility.
A cfd contract(s) trade(s) will be considered effective only in case the position held has an open time for a minimum of 3 minutes. Any trade(s) or cfd contracts that do not meet this time requirement will be subject to annulation.
All sell limit, buy limit, sell stop and buy stop orders will not be permitted during macroeconomic events of high impact.
You are permitted to trade all trading instruments (trading pairs) during high-impact macroeconomic events only if the trades exist for no less than 3 minutes.
Can I get a retry?
Exclusively only for 250k challenges, if a trader doesn’t meet the target profit within the challenge duration and runs out of time, but still manages to be in a profitable position, they will receive a free retry opportunity.
REGISTER NOW, and start earning with your trades at Moon4Traders