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6.3/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • 25 USD
Trading platform:
  • MT4
  • cTrader
Regulation:
  • FSA
Foundation date:
  • 2016
149
users picked this broker in 3 months
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Our Evaluation of TradingMoon

6.3/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

TradingMoon is a moderate-risk broker with the TU Overall Score of 6.3 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by TradingMoon clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.

TradingMoon (Skilling) is a broker for traders with any level of knowledge, who appreciate the meeting of European financial legislation and the reliability of the company.

Brief Look at TradingMoon

TradingMoon (Skilling) is a founded in 2016. Initially, the company worked in the regional market, providing classic CFD trading services. Today it is a relatively large European broker registered in Seychelles and licensed by FSA (Financial Services Authority). The broker positions itself as a fintech platform, developing software and technologies for novice and professional traders.

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Advantages of trading with TradingMoon:
  • No commission for replenishment and withdrawal of money.
  • No restrictions on the amount and number of requests.
  • Availability of an insurance fund in case of force majeure, bankruptcy, or fraud.
  • Proprietary professional platform for manual trading. Classic platforms for trading with expert advisors.
  • Exit to a large level of liquidity. Excluding slippage, a sharp increase in trading commission.
  • Over 750 fund assets, including indices.
Disadvantages of TradingMoon:
  • High spreads on standard accounts.

TU Expert Advice

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

TradingMoon offers a wide array of trading services, including Forex, stocks, indices, commodities, and cryptocurrencies, facilitated through MT4 and cTrader platforms. With no fees on deposits and withdrawals, an extensive range of over 750 fund assets, and a robust proprietary trading platform, TradingMoon also ensures access to high levels of liquidity and insurance protection against unforeseen circumstances, making it appealing for both novice and professional traders.

However, TradingMoon faces certain drawbacks, including high spreads on the Standard account and a complex fee structure. Its regulation by the FSA, not a Tier-1 authority, may also concern some traders. The platform may suit traders seeking a diverse asset range and strategic platform utilities, though it may not fully align with those requiring minimal spreads or seeking top-tier regulatory backing.

TradingMoon Trading Conditions

Your capital is at risk.  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

💻 Trading platform: МТ4, cTrader
📊 Accounts: Standard, Premium, MT4, and MT4 Premium
💰 Account currency: EUR, USD
💵 Deposit / Withdrawal: Visa/Mastercard, Neteller, Trustly, Klarna, Skrill, Swish, AstroPay, FasaPay, Directa, UnionPay, Transact World, and 5 more payment methods 
🚀 Minimum deposit: 25 USD (EUR 100 - EU)
⚖️ Leverage: 1:1000
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 EUR/USD spread: 0,1 pips
🔧 Instruments: Currency Pairs (73), Equities (900), Indices (18), Commodities (21), Cryptocurrencies (61)
💹 Margin Call / Stop Out: n/a/50%
🏛 Liquidity provider: n/a
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: Instant execution
⭐ Trading features: There is social trading through the cTrader platform
🎁 Contests and bonuses: Yes, through the Traders Union about the 

TradingMoon (Skilling) is a universal CFD broker with a focus on stock markets and cryptocurrencies. The broker's arsenal includes 60 tokens and altcoins, over 760 stocks, and stock indexes. The number of assets exceeds 900, but their number may vary depending on the type of account.

TradingMoon Key Parameters Evaluation

User Satisfaction i

Score:
7/10

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Pro VIKASH
1 year ago
Location PL Bydgoszcz

good trading conditions

None

Broker Skilling offers good trading conditions. There are several types of accounts available, and besides the MT4 and cTrader platforms, there is also a platform developed by the company itself. Although Skilling is a relatively new player in the market, this company can be trusted. I opened an account last year, managed to earn and withdraw profits totaling $1450. The broker is licensed by regulators, so I am confident about my money.

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kongkalikong
19 weeks ago

The Skilling broker is pleasantly satisfied with the absence of commissions for depositing and withdrawing funds. That's rare, and it's for that reason alone that it can be appreciated - no hidden fees to "eat" into profit. However, leverage conditions could be better. For beginners, it's limited to 1:30, and for crypto-currencies, it's reduced to 1:2. This makes trading less risky, but also reduces the possibility of accelerating deposits. For example, when trading bitcoin, I've noticed that with such high leverage, you need to invest more of your own funds to get a tangible result. In general, the broker is suitable for those who appreciate transparent conditions and the absence of unnecessary commissions, but for aggressive trading, the opportunities are not enough.

Le courtier Skilling est agréablement satisfait de l'absence de commission pour le dépôt et le retrait de fonds. C'est rare, et c'est pour cette seule raison qu'il peut être apprécié - aucun frais caché ne vient « manger » le profit. Cependant, les conditions de l'effet de levier pourraient être meilleures. Pour les débutants, il est limité à 1:30, et pour les crypto-monnaies, il est réduit à 1:2. Cela rend les transactions moins risquées, mais réduit également les possibilités d'accélération des dépôts. Par exemple, en négociant le bitcoin, j'ai remarqué qu'avec un tel effet de levier, vous devez investir davantage de vos propres fonds pour obtenir un résultat tangible. En général, le courtier convient à ceux qui apprécient la transparence des conditions et l'absence de commissions inutiles, mais pour le trading agressif, les opportunités ne sont pas suffisantes.

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tiffanyjewelery
22 weeks ago

Skilling, frankly, I'd like to ask you to reconsider the terms and conditions of standard accounts - the spreads are clearly excessive. For active traders, this is a major disadvantage, especially if their strategy is based on frequent trading. More competitive conditions would make the platform much more attractive. But there is one positive point: the presence of an insurance fund. This ensures that in the event of force majeure, bankruptcy or fraudulent actions, customers' money will not be lost. These days, the reliability of a broker plays an essential role, and such a level of protection is certainly nice. Should trading conditions become a little more favorable, the broker could become a first-rate choice.

Skilling, franchement, je voudrais vous demander de reconsidérer les termes et conditions des comptes standards - les spreads y sont manifestement excessifs. Pour les traders actifs, il s'agit d'un désavantage important, surtout si leur stratégie est basée sur des transactions fréquentes. Des conditions plus compétitives rendraient la plateforme beaucoup plus attrayante. Mais il y a un point positif : la présence d'un fonds d'assurance. Il donne l'assurance qu'en cas de force majeure, de faillite ou d'actions frauduleuses, l'argent des clients ne sera pas perdu. De nos jours, la fiabilité d'un courtier joue un rôle essentiel, et un tel niveau de protection est certainement agréable. Si les conditions de négociation devenaient un peu plus favorables, le courtier pourrait devenir un choix de premier ordre.

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Kaminwelo
1 year ago

Skilling is not a bad company. I have been trading with it for about 4 months. First, I deposited EUR 100, then I added more a couple of times. I trade with a small profit of 20% per month. I withdraw little amounts to return the deposit and start making profits. I can’t say what it will be in the future, but now everything is working out.

Score:
5.93/10

Trading Account Opening

Before registering with a broker, check out the opportunity to save on trading costs by joining the Traders Union.

Registration with TradingMoon and opening an account:

1

Click "Sign up” on the main page of the site in the upper right corner. You can use the offer to open a demo account on any other page of the broker. Enter the requested data.

Review of TradingMoon ’s user account — Registration
Review of TradingMoon’s user account — Registration
Review of TradingMoon’s user account — Registration
Review of TradingMoon’s user account — Registration
2

After entering the email, to which the account will be linked, and the password, the broker will offer to proceed to a more in-depth registration and verification.

3

The functionality of the TradingMoon user account and the platform integrated into it:

1. Opening a new trading account:
Review of TradingMoon’s user account — Opening a new trading accoun
Review of TradingMoon’s user account — Opening a new trading accoun
2. Registration and verification:
Review of TradingMoon’s user account — Verification
Review of TradingMoon’s user account — Verification
1. Opening a new trading account:
Review of TradingMoon’s user account — Opening a new trading accoun
Review of TradingMoon’s user account — Opening a new trading accoun
2. Registration and verification:
Review of TradingMoon’s user account — Verification
Review of TradingMoon’s user account — Verification

Also in the user account, you will have access to: 

  • Funds management. This section is available only after verification.

  • Viewing the history of transactions.

  • Access to the Broker Academy.

  • News subscriptions and newsletters.

  • Trade in the browser version of the platform.

Score:
We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
4.2/10

Regulation and safety

TradingMoon has a safety score of 4.2/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Advantages
  • Is regulated
  • Negative balance protection
  • Track record over 9 years
Disadvantages
  • Not tier-1 regulated

TradingMoon Regulators and Investor Protection

Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level
FSA (Seychelles) FSA (Seychelles) Financial Services Authority of Seychelles Seychelles No specific fund Tier-3

TradingMoon Security Factors

Foundation date 2016
Negative balance protection Yes
Verification (KYC) Yes
Score:
We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
8/10

Commissions and fees

The trading and non-trading commissions of broker TradingMoon have been analyzed and rated as Low with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.

Advantages
  • Low Forex trading fees
  • Tight EUR/USD market spread
  • No inactivity fee
  • No deposit fee
  • No withdrawal fee
Disadvantages
  • Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of TradingMoon with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, TradingMoon’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

TradingMoon Standard spreads

TradingMoon Pepperstone OANDA
EUR/USD min, pips 0,2 0,5 0,1
EUR/USD max, pips 0,6 1,5 0,5
GPB/USD min, pips 0,3 0,4 0,1
GPB/USD max, pips 0,7 1,4 0,5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

TradingMoon RAW/ECN spreads

TradingMoon Pepperstone OANDA
Commission ($ per lot) 3 3 3,5
EUR/USD avg spread 0,1 0,1 0,15
GBP/USD avg spread 0,15 0,15 0,2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with TradingMoon. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

TradingMoon Non-Trading Fees

TradingMoon Pepperstone OANDA
Deposit fee, % 0 0 0
Withdrawal fee, % 0 0 0
Withdrawal fee, USD 0 0 0-15
Inactivity fee ($, per month) 0 0 0
Score:
5.64/10

Account types

TradingMoon (Skilling) offers two classes of accounts: Standard and Premium. Both classes, in turn, are divided into account types depending on the platforms. Both Standard and Premium accounts are available separately for MT4 and separately for cTrader.

Types of accounts:

Account Type
Description
Standard Class comprises Standard and MT4 accounts
Starting deposit is 100 euros, and the spread is from 0.7 pips. The number of stock assets is the largest for the Standard account which uses the cTrader.
Premium class encapsulates the Premium and MT4 Premium accounts
The starting deposit is from 5,000 euros, and the spread is from 0.1 pip, while the commission is from $35 for a turnover of $1 million.
Demo accounts
Demo accounts are provided for all account types.
Score:
This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
6.95/10

Deposit and withdrawal

TradingMoon received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

TradingMoon provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Advantages
  • BTC available as a base account currency
  • USDT (Tether) supported
  • Minimum deposit below industry average
  • Low minimum withdrawal requirement
Disadvantages
  • Only major base currencies available
  • PayPal not supported
  • Wise not supported

What are TradingMoon deposit and withdrawal options?

TradingMoon provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum.

TradingMoon Deposit and Withdrawal Methods vs Competitors

TradingMoon Plus500 Pepperstone
Bank Wire Yes Yes Yes
Bank card Yes Yes Yes
PayPal No Yes Yes
Wise No No No
BTC Yes No No

What are TradingMoon base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. TradingMoon supports the following base account currencies:

What are TradingMoon's minimum deposit and withdrawal amounts?

The minimum deposit on TradingMoon is $25, while the minimum withdrawal amount is $50. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact TradingMoon’s support team.

Score:
The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change.
8.25/10

Markets and tradable assets

TradingMoon provides a standard range of trading assets in line with the market average. The platform includes 1100 assets in total and 73 Forex currency pairs.

Advantages
  • Copy trading platform
  • 73 supported currency pairs
  • Crypto trading
Disadvantages
  • Bonds not available
  • No ETFs

Supported markets vs top competitors

We have compared the range of assets and markets supported by TradingMoon with its competitors, making it easier for you to find the perfect fit.

TradingMoon Plus500 Pepperstone
Currency pairs 73 60 90
Total tradable assets 1100 2800 1200
Stocks Yes Yes Yes
Commodity futures Yes Yes Yes
Crypto Yes Yes Yes
Stock indices Yes Yes Yes
Options No Yes No

Investment options

We also explored the trading assets and products TradingMoon offers for beginner traders and investors who prefer not to engage in active trading.

TradingMoon Plus500 Pepperstone
Bonds No No No
ETFs No Yes Yes
Copy trading Yes No Yes
PAMM investing Yes No Yes
Managed accounts Yes No No
Score:
6.49/10

Customer support

Information

Support is only available on weekdays, Monday through Friday, from 04:00 am to 10:00 pm CET.

Advantages

  • Quick professional answers

Disadvantages

  • Doesn't work 24 hours a day

There are several ways to contact technical support:

  • Chat.

  • Email.

  • Telephones. 

  • Offices in Cyprus, Malta, and Spain.

  • Social networks and messengers.

Chat is the fastest way to contact support for unregistered users.

Contacts

Foundation date 2016
Registration address F2-2A, Oceanic House, Providence Estate, Victoria, Mahe, Seychelles
Regulation FSA
Official site https://tradingmoon.com/
Contacts
+248 463 2031
Score:
4.89/10

Education

Information

The TradingMoon site doesn’t have a dedicated section with training materials. But there are informational articles on individual pages that familiarize traders with the basics of trading. One of the subsections of the information menu is the Academy. It contains over 40 tutorials on fundamental, technical, and advanced technical analysis.

Information available on the website
Information not available on the TradingMoon website
CFD trading basics.
Analysis of strategies and trading systems
General articles on Forex trading
Reviews of indicators, advisors, scripts
Trading Academy
Rules of risk management

Use a demo account to reinforce the learned material.

Comparison of TradingMoon with other Brokers

TradingMoon Bybit Eightcap XM Group Kama Capital 4XC
Trading
platform
MT4, cTrader MetaTrader5 MT4, MT5, TradingView MT4, MT5, MobileTrading, XM App MetaTrader5 MT5, MT4, WebTrader
Min deposit $25 No $100 $5 No $50
Leverage From 1:1
to 1:1000
From 1:1
to 1:500
From 1:30
to 1:500
From 1:1
to 1:30
From 1:1
to 1:400
From 1:1
to 1:500
Trust management No No No No No Yes
Accrual of % on the balance No No No No No No
Spread From 0.2 points From 0 points From 0 points From 0.8 points From 0 points From 0 points
Level of margin call
/ stop out
No  /  50% No  /  50% 80%  /  50% 100%  /  50% 20%  /  No 100%  /  50%
Order Execution Instant Execution Market Execution Market Execution Market Execution Market Execution Market Execution
No deposit bonus No No No No No $50
Cent accounts No No No No Yes No

Detailed Review of TradingMoon (Skilling)

The TradingMoon broker is a universal broker, having a trading toolkit as a unique advantage. The company's mission is to create a unique platform that would meet the needs of traders with any level of experience, allow the implementation of any type of strategy, instantly process signals, and transfer information. TradingMoon (Skilling) is licensed by FSA (Seychelles).

TradingMoon's success by the numbers:

  • Over 900 assets to trade, including cryptocurrencies;

  • The execution speed of 98% of transactions is about 50 ms.

  • Over 1,000 trading strategies for copying.

TradingMoon is a broker for active trading and passive investments

TradingMoon (Skilling) works on STP and ECN technologies for processing orders. In the first case, the trader receives a higher floating spread. In the second case, the spread is minimal, but there is a fixed commission for the trading turnover.

The company has three trading platforms designed for different types of trading systems. MT4 is a classic platform for testing manual and algorithmic strategies. cTrader is a professional platform for working with complex strategies using combined technical indicators and graphical tools in C#. This platform also provides access to the TradingMoon (Skilling) copy system.

Useful TradingMoon services:‌

  • PAMM and MAM accounts are designed to connect investor accounts and trust management of investors' money.

  • Platform for copying transactions.

Advantages:

1

High trading execution speed.

2

Access to large liquidity providers, ensuring the stability of the spread stated.

3

Comprehensive set of tools for active and passive investing.

4

Over 750 stock assets such as stocks, indices, and derivative securities.

5

Demo account for practicing skills and testing strategies.

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