A $100,000 balance that refills without limit
Moon's play money mode gives you a simulated balance. It refills to $100,000, and Moon places no limit on how many times it refills. The features match the live platform: the same bet menu, the same leverage choices, and the same fee lines on the wager summary. Nothing here touches your own funds.
What you can practise: leverage and the max loss price
Play money lets you test leverage of up to 1000x, the same ceiling Moon offers on the live platform, depending on the market and conditions. A bet's loss is capped at the wager, and the bet closes automatically at the max loss price. Moon calculates that price the moment the bet opens, and shows it on the wager summary, in the open bets list, and as a red line on the chart. A simulation can help explain the controls, but it does not establish the execution or outcome of a real bet. See the mechanics in full on the leverage page.
Auto close settings, and the opening fee
The optional auto profit close and auto loss close settings work in play money too. Set a profit or loss percentage in advance, and Moon closes the bet automatically when the price reaches it. The opening fee shows the same way: 1% of the wager, not of the leveraged position. Because the wager itself is simulated, so is the fee. No real money moves at any point. The full fee breakdown for a live bet is on the fees page.
What play money copies from the live platform, and what it does not
This is leveraged betting on the live platform, while the play money balance is simulated. You can lose your whole wager once real funds are involved. Moon is 18 and over only, and available in supported countries.
| Copies from the live platform | Does not copy |
|---|---|
| Wagering: direction, wager amount, leverage | Real funds |
| Leverage up to the same maximum | Real settlement |
| Profit and loss controls: auto profit close, auto loss close | Market conditions, which may differ from the live platform |
| Open bets, the wager summary and fee lines | – |
The feature descriptions come from Moon. We have not independently compared demo pricing, fees or execution with a funded account.
Real money needs identity verification first
Play money needs no identity verification. A real deposit does. Moon requires you to submit verification before you can deposit, and to have it approved before you can withdraw. The full requirements are on the KYC and deposits page. Whether Moon has a mobile app to practise on is answered on the mobile app page.
Sources
References for this guide. The review notes below include dates and questions we have not yet resolved.