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Abstract：Moon4Traders made a new partnership with PROFITRIEND, an online club helping people build ideas in the Web 3 space, on January 25, 2023. Is this an opportunity for forex traders?
About Moon4Traders
Founded in 2022, Moon4Traders is an online financial provider and forex broker offering its clients easy access to a diversified range of financial markets, such as forex, metals, currencies, commodities, cryptocurrencies, and indices. Traders have the great flexibility to diversify their investment portfolio and choose their preferable trading products. According to the Moon4Traders website, this broker claimed that investors can get up to 90% of the total profits if they trade with them. However, WikiFX has given this broker a low rating of 1.17/10 and considers this broker an unregulated broker. In addition, we did not find any contact information about this broker, which means there is a possibility that you cannot get in touch with them. Traders need to be aware of the potential risks.
(WikiFX Webiste about Moon4Traders)
(Moon4Traders Website)
About PROFITFRIEND
Founded in 2022 as well, according to the PROFITFRIEND website, PROFITFRIEND is an online broker (club) to help companies and entrepreneurs create profits and build ideas in the Web 3 space. PROFITFRIEND intends to “build a decentralized profit fountain for the space and look for people to innovate and make new ways to create access and utilities for all members.”
(PROFITFRIEND Website)
The partnership between the two
On January 25, 2023, PROFITFRIEND claimed that it joined forces with forex broker Moon4Traders.
On January 23, 2023, PROFITFRIEND on Twitter claimed that every client who owns at least one NFT will get an instant 10% off on all challenges for funded traders including the 250K dollar account. The CEO of PROFITFRIEND, Emile Machado retweeted the message.
Conclusion
Both PROFITFRIEND and Moon4Traders are founded in 2022. It is obvious that they are not sophisticated companies that have experience of many years. You should evaluate the risk by investing in such young companies. In addition, WikiFX has given Moon4Traders a fairly low score. We advise investors to do more research before getting interested in their “discounted products”.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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