Moonshot FX claims to be licensed by the Anjouan Offshore Finance Authority (AOFA). Independent sources report that a matching entity appears in AOFA’s registry, but the registry does not tie licensed entities to specific domains. Its authorisation is therefore only partly verifiable, and traders should treat it as high risk until they confirm the details themselves.
Thank you for reading this post, don't forget to subscribe!This Moonshot FX review covers what the broker claims, what independent sources report, and what remains unclear. Brokers Reporter is an independent broker-information and review website that helps traders research brokers before depositing funds, covering regulation, licensing, transparency, trading conditions and warning signs. Our reviews are meant to support your own due diligence, not replace it.
What Is Moonshot FX?
Moonshot FX (also written MoonshotFX) presents itself as an online forex and CFD broker. We could not independently confirm its official domain, product list, account types or platform from primary documents, so this review does not repeat them as fact.
Readers should not confuse it with Moonshot, the mobile crypto app. That company is a separate business, and no link to the broker was found.
Public information on the operating company, its address and its management is limited. Aggregator sites such as Myfxbook list the broker but show no rating, and most data fields are empty.
Is Moonshot FX Regulated?
Moonshot FX regulation is claimed but not independently confirmed to cover its trading domain.
- Claimed regulator: AOFA, based in Anjouan, part of the Union of the Comoros.
- What third parties report: One broker database says it confirmed a MoonshotFX entry in AOFA’s registry, but that AOFA does not list or verify the official domains of licensed entities.
- What we could not verify: the licence number, the exact legal entity name, and whether the broker’s website domain belongs to the registered entity.
A certificate on a broker’s website is not proof of authorisation. Only the regulator’s own register can confirm it.
AOFA itself is questioned by some analysts. One forex education site advises that a broker legally regulated in the Comoros should be licensed by the Banque Centrale des Comores rather than AOFA. Licensing advisers describe the Anjouan brokerage licence as a typical offshore licence with a lighter regulatory framework. A registry entry is therefore weaker evidence than authorisation from a major regulator. It does not show that Moonshot FX operates unlawfully.
Moonshot FX Trading Conditions and Services
We could not verify the following from reliable sources:
- Spreads and commissions
- Maximum leverage
- Minimum deposit
- Trading platform
- Payment methods
- Moonshot FX withdrawal conditions and fees
- Customer support channels
If the broker’s website states any of these, read them as the broker’s claims and check them in the client agreement. Leverage figures quoted for the unrelated Moonshot crypto app do not apply to this broker.
Moonshot FX Red Flags to Consider
None of these points proves wrongdoing. Each is a question traders should answer before depositing.
- Domain not linked to a licence. AOFA does not publicly connect domains to licensed entities, so you cannot easily confirm the website you use is covered.
- Offshore jurisdiction. Investor protection is limited, and traders should not assume a compensation scheme or an effective complaints route.
- Thin company information. The operator, address and management could not be confirmed from primary sources.
- Unverified trading terms. Fees, leverage and withdrawal conditions are unconfirmed.
- No visible track record. Aggregators show no ratings, and we found no verified complaint data, so absence of reports is not evidence of safety.
- Dispute resolution. It is unclear where a client could escalate an unresolved withdrawal complaint.
Being offshore or hard to verify does not make a broker a scam. It does mean the usual safeguards may be missing.
Is Moonshot FX Legit or a Scam?
Based on the information that could be independently verified, Moonshot FX is not clearly regulated, only partly verifiable and high risk from a due-diligence standpoint.
We found no authoritative regulatory warning or confirmed fraud finding, so we do not label it a scam. We also found no evidence that would justify calling it safe. One broker database goes further and rates Moonshot FX as a likely unlicensed broker and advises extreme caution. We cite that as an opinion, not as an established finding.
Until you can confirm the legal entity, licence and domain directly with the regulator, do not deposit funds. Anyone asking “is Moonshot FX safe?” should treat the answer as unproven.
How to Check Moonshot FX Before Depositing
- Identify the legal company name in the broker’s terms.
- Search the regulator’s official register, not a certificate image.
- Match the licence number and entity name exactly.
- Confirm the broker’s domain is tied to that entity.
- Read withdrawal terms, fees and processing times.
- Check what investor protection exists, if any.
- Search for regulator warnings.
- Do not rely solely on testimonials or online reviews.
Our guides on verifying broker regulation, broker due diligence and online trading risks are useful here. We link them only where the pages exist.
Frequently Asked Questions About Moonshot FX
Is Moonshot FX regulated?
It claims AOFA authorisation. A registry entry has been reported, but the domain link and licence scope could not be independently confirmed.
Is Moonshot FX legit?
Its legitimacy is unproven. Verifiable evidence is limited, and the licence is offshore.
Is Moonshot FX a scam?
No authoritative evidence of fraud was found. An allegation is not a finding, and a lack of verification is not proof of wrongdoing.
What regulator does Moonshot FX claim to be licensed by?
The Anjouan Offshore Finance Authority in the Comoros. The claim could not be tied to the broker’s domain.
Can I trust Moonshot FX with my money?
Check regulatory verification, company transparency, investor protection and withdrawal terms first. This is not personal financial advice.
How can I verify a Moonshot FX licence?
Use AOFA’s official register. Match the legal entity, licence number and authorised domain.
What should I do before depositing with Moonshot FX?
Complete the checklist above and confirm every detail with the regulator.
Brokers Reporter publishes broker reviews, regulatory warnings and due-diligence guides to help you research brokers and investment platforms independently. Read our guide on how to verify broker regulation, and browse our other broker reviews before you decide where to trade.
Investors should also review other broker warnings, including our Tarillium Review covering regulatory concerns and investor complaints..