Is Moon.com Legit? Licence, Company, Payouts and Risks (2026)

The short answer

Moon.com is run by a named company. Moon’s terms name Moon International Limited, registration number 16151, in the Union of the Comoros. On 16 October 2026, the Anjouan public register listed that company for moon.com with the status “valid”.

We cannot confirm that Moon pays out. We have not funded an account. We have not made a deposit or a withdrawal. This page uses Moon’s own documents, a public register and other public pages. The sources list at the end gives each one with its retrieval date.

Moon.com is a gambling product. Moon itself takes the other side of every bet, and its terms say bets are not investments. Its licence is an offshore gaming licence. That licence does not make Moon.com legal where you live, and the terms exclude 44 places by name.

Our Moon.com review describes the product itself. Before you deposit, read the list of prohibited jurisdictions and the withdrawal rules on this page.

Who is on the other side of your bet?

Section 5.4 of Moon’s terms says Moon acts as the House, the principal counterparty to every bet. Moon pays winning bets, keeps losing wagers and has a direct financial interest in every outcome.

A counterparty is the party that takes the opposite side of a deal. On Moon.com, that party is Moon. When your bet wins, Moon pays you. When your bet loses, Moon keeps your wager. Moon therefore makes money when its users lose. A casino and a bookmaker work in the same way.

A bet on Moon has a direction, up or down, a wager amount and a leverage amount. The wager is the most you can lose. Moon offers wagers on cryptocurrency, equities, futures, commodities and forex, around the clock. You win if the price moves in the direction you chose. Leverage makes a small price move count many times over on your wager. Our leverage guide shows how fast a wager can reach its loss limit.

Moon’s terms describe bets as entertainment and gaming products. They state that bets are not investments, securities or regulated financial instruments, and that users never own the underlying asset.

For you, this has a direct result. You get no rights in the asset behind the bet. Rules that protect buyers of regulated financial products do not apply, because the terms place these bets outside that category.

Moon also supplies the prices that settle your bets. It takes them from outside data providers. Moon prices bets from aggregated market data: dxFeed for equities, futures, options and forex, Pyth for exchange prices, and the SEDA Protocol oracle for extended-hours prices.

Section 7.3 of Moon’s terms lets Moon void or adjust a bet settled at a manifestly erroneous price. A bet closed by such a price is not reinstated. A manifestly erroneous price is a price that is clearly wrong. Under this rule, Moon decides whether to void or adjust the bet. The same company is your counterparty, your price source and the judge of a wrong price. You accept that position when you agree to the terms.

The company behind Moon.com

Moon’s terms name the operator as Moon International Limited, a company incorporated under the laws of the Union of the Comoros. Moon’s terms give the registration number of Moon International Limited as 16151.

Moon’s terms give the registered office as Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of the Comoros. Anjouan is one of the islands that make up the Union of the Comoros. Its Gaming Board issues the licence that Moon’s Risk Disclosure names.

The copy of Moon’s terms we retrieved on 16 October 2026 showed “Last updated 15 September 2026”. Moon can change its terms. Check the date on the live Moon.com Terms of Service before you rely on a section number from this page.

A legal name, a registration number and an address identify the company that signs your contract. They do not show who owns it or how much money it holds. Press reports and other ownership questions are on our page about who owns Moon.com.

Section 25 of Moon’s terms lets Moon assign or transfer the agreement without your consent, including in a merger, acquisition or corporate reorganisation. The company that holds your contract today can therefore change later, and you do not get a vote.

What does “licence” mean for Moon.com?

On 16 October 2026 the Anjouan public register listed Moon International Ltd for moon.com under licence ALSI-202601063-FI2, type B2C, status valid, issued 31 January 2026 and expiring 30 January 2027.

You can search the Anjouan public register yourself. We saw an entry in that register. We did not see a licence certificate. We did not see any conditions that the licence attaches to Moon.

Moon’s Risk Disclosure says Moon International Limited operates under gaming licence no. ALSI-202601063-F12063 FI2, issued by the Gaming Board of Anjouan. The public register writes the number as ALSI-202601063-FI2.

The number in the Moon.com Risk Disclosure has an extra “F12063” before “FI2”. This is probably a formatting difference. We have not confirmed it with Moon or with the Gaming Board of Anjouan.

A gaming licence from Anjouan is not financial-services regulation. It does not put a financial regulator in charge of Moon’s prices or your funds. It also does not make Moon.com legal in your country. Your local law decides that question.

Moon’s Risk Disclosure says funds held with Moon are not covered by any government deposit insurance or investor compensation scheme. If Moon fails, no public scheme pays you back.

This page covers only the Anjouan licence that Moon’s Risk Disclosure names. We make no claim about any other licence.

The same register lists other licensees with “moon” in a domain, such as moonbet.co, moonbet.casino and moonroll.io. Different companies hold those licences. When you check the register, search for the exact domain moon.com. An entry for a similar name tells you nothing about Moon.com.

Where is Moon.com prohibited?

Section 3.2 of Moon’s terms names 44 prohibited jurisdictions. A jurisdiction is a country or region with its own laws. The list includes Ontario, a province of Canada. The named places are:

• Afghanistan
• Argentina
• Austria
• Australia
• Belgium
• Brazil
• Cayman Islands
• Colombia
• Croatia
• Cuba
• Curaçao
• Czech Republic
• Cyprus
• Democratic Republic of the Congo
• Denmark
• France
• Germany
• Greece
• Iran
• Iraq
• Israel
• Italy
• Liberia
• Libya
• Lithuania
• Malta
• Mexico
• Netherlands
• North Korea
• Ontario
• Peru
• Poland
• Portugal
• Serbia
• Slovakia
• South Africa
• South Sudan
• Spain
• Sudan
• Syria
• Sweden
• United Kingdom
• United States
• Zimbabwe

The terms also exclude any country under country-wide sanctions. They also exclude any country that requires a local licence that Moon does not hold. This clause does not name those countries.

Your country can be missing from the named list and still be excluded by that clause. Absence from the list does not make your use lawful. Check your local gambling law before you register.

A VPN, or virtual private network, hides your real location. A material breach is a serious break of the contract. Section 3.5 of Moon’s terms says using a VPN, proxy, false address or nominee to get around the access rules is a material breach. It may lead to immediate suspension or closure of the account.

Section 12.10 of Moon’s terms says Moon may pause withdrawals and close open bets on an account while it investigates a suspected breach. Your ID and proof of address show where you live. The identity check before a withdrawal can therefore expose a mismatch between your location and the rules.

Identity checks before deposit, and crypto-only deposits

KYC means “know your customer”. It is the identity check that a gambling or financial company runs on its users.

Moon requires you to verify your email address after registration, using a code from its verification email. Identity verification must be submitted before you can make a deposit, and approved before you can withdraw funds.

Identity verification may require a valid government-issued ID, front and back, and proof of address. Verification times vary with demand and document quality.

The order has a practical result. You hand over your ID before you can deposit any money. You cannot send a small deposit first and do the paperwork later. Read the terms before you upload documents. Upload them only through Moon’s own verification screen.

Moon states that at this time it supports cryptocurrency deposits only: pick the asset, copy the deposit address, and send from an external wallet on the matching network.

A crypto transfer sent on the wrong network is generally irreversible. Check the asset and the network on the deposit screen before you send. A small first transfer limits the loss if something is wrong, but it costs an extra network fee.

Our account verification and deposit guide gives the steps in order.

What a bet costs: one worked example

Moon charges a 1% opening fee when a new bet is opened, calculated on the wager amount only, not on the leveraged exposure.

When a bet closes at a profit, a performance fee applies. Moon states it is calculated on realised profit, is subject to a minimum of 10% of realised profit, and is not charged on losing bets.

The table uses one bet: a $100 wager at 10x leverage, which gives $1,000 of exposure. Exposure is the size of the position that your wager controls.

In the losing case, a 10% fall at 10x reaches the max loss price. The bet closes, and the whole $100 wager is gone. You have also paid the $1 opening fee.

Moon’s help articles do not say whether the opening fee comes out of the wager or is charged on top of it. The table treats the $1 as a separate cost. If Moon takes the fee from the wager, the exposure is a little smaller and the results change slightly.

The 10% performance fee is a minimum. The actual fee can be higher, so $17 is the best result for this bet after fees.

Moon’s Risk Disclosure says a bet kept open longer than 8 hours may incur periodic holding fees, charged from your balance. If your balance cannot cover them, open bets may be closed automatically. It publishes no rate, and the current fee article does not mention holding fees.

Moon publishes no holding-fee rate, and its own sources do not agree about holding fees. The example therefore puts no number on them. A bet that stays open for days can cost more than the table shows.

Our Moon.com fee guide lists each published charge. The open questions about holding charges are on our holding-fee page.

Can your balance go below zero?

Section 8.6 of Moon’s terms says your balance will never go below zero as a result of placing or settling bets. The same section keeps Moon’s right to reclaim payouts paid in error or obtained in breach of the terms.

Your loss is capped at your wager. The bet closes automatically at the max loss price, and your balance cannot go below zero because of a bet. Moon calculates the max loss price when the bet opens.

This rule caps the loss on each bet. It does not cap your total losses. Ten losing bets of $100 each still cost $1,000, plus fees.

The rule also keeps Moon’s right to reclaim payouts paid in error. Section 7.3 of the terms lets Moon void or adjust a bet settled at a clearly wrong price. A win that you see on screen is therefore not final in every case.

Holding fees come out of your balance. Moon’s Risk Disclosure says open bets may be closed if your balance cannot cover them. A bet that you keep open for a long time can therefore close before it reaches its target or its max loss price.

Withdrawals and the safety of your funds

Withdrawal checks

Section 6.4 of Moon’s terms makes withdrawals subject to identity verification, AML/CTF checks, minimum and maximum limits, network fees and published processing times. AML means anti-money-laundering checks. CTF means counter-terrorist financing checks.

Section 6.5 of Moon’s terms says withdrawals at or above an unpublished Review Threshold go through automated, AI-assisted screening. Moon may then approve, delay for manual review or decline the request.

Moon does not publish the Review Threshold. You cannot know in advance whether a withdrawal will go to screening or to a manual review. Plan for a delay on a large withdrawal.

Who holds your funds

A custodian is a firm that holds assets for other people under rules that protect those assets. Section 6.3 of Moon’s terms says Moon.com is “not a trust company or licensed custodian”.

The same section says Moon’s efforts to keep user funds separate do not guarantee full recovery. That applies after insolvency, a security breach or another loss event.

Moon’s Risk Disclosure says no government deposit insurance or investor compensation scheme covers funds held with Moon. A balance on Moon.com has no outside protection.

If something goes wrong

Section 16.3 of Moon’s terms caps Moon’s liability at the greater of the fees you paid in the previous three months or USD 100.

For example, a user who paid $40 in fees in the last three months has a cap of $100. A large balance can be far above that cap.

Moon’s terms list support@moon.com for general enquiries and complaints@moon.com for complaints. Moon aims to acknowledge a complaint within five business days and to resolve it within 30 days.

Section 21 of Moon’s terms applies the laws of the Union of the Comoros. Disputes that informal contact does not settle go to UNCITRAL arbitration seated in Moroni, with one arbitrator, in English.

Arbitration is a private way to settle a dispute. An arbitrator decides the case in place of a court. Moroni is the capital of the Comoros. For a small balance, the cost of a case in Moroni can be higher than the amount in dispute.

What we have not tested

This page rests on documents and public records. We have not done any of these things:

• We have not funded a Moon.com account.
• We have not made a deposit.
• We have not made a withdrawal.
• We have not measured how fast Moon’s support answers.
• We have not confirmed that the ACES code activates on an account.

A funded test can give different results from the documents. The sources list at the end of this page gives the retrieval date of each document.

Lookalike names that are not Moon.com

Several businesses use “Moon” in their name. Each of these is a different business from Moon.com, the betting platform:

• Pay with Moon, at paywithmoon.com, is a separate website. A bot check blocked our automated request on 16 October 2026, so we did not review its content.
• MoonPay, at moonpay.com, is a service for buying and selling cryptocurrencies. It is a different business from Moon.com.
• Moon Travel Guides, at moontravelguides.com, is a travel guidebook publisher that says it was founded in 1973.
• Moon 10, at moon-10.com, is a Jamaican news website.

Trustpilot and Scamadviser pages for those names are not about Moon.com. Check the domain on any review page before you trust its score.

Scamadviser’s page for moon.com showed a WHOIS registration date of 24 March 1994. The domain is decades older than the betting platform, so its age says little about the current operator.

Verdict: each criterion ranked by evidence

The table ranks each criterion from the strongest evidence to the weakest. We give no overall score.

Moon.com is a named operator with a register entry and real disclosures. Its terms and Risk Disclosure state the main risks in plain words, including its role as the House and the limits on fund protection.

Moon.com is also a high-risk gambling product. Moon is the counterparty to your bets. The loss cap works one bet at a time. No outside scheme protects your balance.

We cannot vouch for payouts. Until a funded test shows how deposits and withdrawals work, treat any money on Moon.com as money you can afford to lose.

Before you sign up

Set a loss limit before your first deposit. Section 4.8 of Moon’s terms offers a Take a Break suspension of one day to three months, and self-exclusion for at least six months or permanently, on request to support@moon.com. Our responsible gambling page lists independent support.

If your country is allowed and you still want an account, Get the ACES referral code and setup steps.