Evalmoon

Evalmoon is a forex broker that was founded on 23 March 2023 and is registered in the United Kingdom. The company lists its registered address as 23 New Drum Street, London, England, E1 7AT. As of our review, Evalmoon’s official website (evalmoon.com) is operational, but publicly available independent information about the broker remains limited.

Given its recent establishment and the absence of a track record, Evalmoon is a relatively new entrant in the retail forex market. The broker does not appear to have a significant online presence or user reviews, which adds an element of caution for potential traders.

According to official records, Evalmoon operates without any recognised financial regulator on file. This means that the broker is not supervised by any major regulatory body such as the FCA (Financial Conduct Authority) in the UK, despite being domiciled there. The lack of regulation is a significant risk factor, as it implies no oversight of the broker’s operations, client fund segregation, or dispute resolution mechanisms.

Traders should be aware that dealing with an unregulated broker offers no protection from compensation schemes or regulatory recourse. The FXCanary Scam Risk Score of 49/100 (Guarded) reflects this elevated risk level. Without independent audits or regulatory compliance, the safety of client funds cannot be assured.

Evalmoon offers two account types: Classic and Platinum. The Classic account requires a minimum deposit of USD 200, while the Platinum account requires a minimum deposit of USD 1,000. These tiers appear designed to cater to different levels of trading capital, though neither account specifies a maximum leverage or other key trading conditions on the available records.

We could not verify the exact leverage options, spreads, or commissions associated with either account. Additionally, the broker does not disclose the trading platforms or instruments available, making it difficult for traders to assess the suitability of these accounts for their strategies. The information gap is a notable drawback for potential clients evaluating Evalmoon.

At the time of our assessment, Evalmoon has not published a list of tradable instruments on its official website or in any public records. Typical forex brokers offer currency pairs, commodities, indices, and possibly cryptocurrencies, but we cannot confirm what Evalmoon provides. Similarly, no information is available regarding the trading platform(s) offered, be it MetaTrader 4/5, cTrader, or a proprietary web-based platform.

This lack of transparency is concerning for traders who rely on specific markets or platform features. Without clear disclosure, it is impossible to evaluate the breadth of opportunities or the quality of the trading environment. We recommend that traders seek clarification from the broker directly before committing funds.

Evalmoon was incorporated in the United Kingdom in early 2023, making it a very young company. The registered address at 23 New Drum Street in London places the company in a commercial area, but we found no further evidence of a physical office presence or operational history. The broker has not provided details about its management team, ownership structure, or any affiliations with financial institutions.

Transparency is a critical factor when choosing a broker, and Evalmoon’s opacity raises red flags. There are no independent reviews or third-party endorsements available, which is unusual for even a new broker. Traders should proceed with extreme caution and consider whether the lack of information outweighs any potential benefits.

Evalmoon’s account requirements indicate that minimum deposits start at USD 200 for Classic and USD 1,000 for Platinum, but no details on payment methods have been disclosed. Typical methods include bank transfers, credit/debit cards, and e-wallets, but we cannot confirm what Evalmoon accepts. There is also no mention of withdrawal processing times, fees, or any conditions.

The absence of clear deposit and withdrawal policies is a significant omission. Traders need to understand how funds are moved and whether there are any restrictions or additional costs. We advise caution until this information is provided and verified.