Moon promo code: NEWBONUS
The code is a referral identifier, nothing cleverer than that. It attributes your signup and, where permitted, applies 3.5% rakeback. It does not change the price you get, the leverage available to you, or the liquidation rules on your position.
What rakeback is worth, in the only terms that matter
Rakeback is a rebate on fees, and fees are charged on exposure. At a 16 basis point round trip, 3.5% back is 0.56 basis points of exposure returned. On a $100 stake at 100x that is $0.56 against $16 of cost. It is a real discount and it is small relative to the multiplier you pick, which is the variable that actually decides the outcome.
Where it cannot be shown
Monetary incentives tied to trading are restricted or prohibited for retail clients in several jurisdictions. In the EU, retail contracts for difference are capped well below the leverage shown in this simulator, and inducements of this kind are treated as a prohibited monetary benefit. The referral block and the maximum selectable leverage are therefore gated per country, and on those pages this code is not displayed at all.
Jurisdiction gating we apply
| Region | Max leverage shown | Referral shown | Basis |
|---|---|---|---|
| EU / EEA retail | 5x equities, 2x crypto | No | ESMA retail CFD intervention; inducement restrictions |
| United Kingdom retail | 5x equities, crypto restricted | No | FCA retail CFD rules; crypto derivatives ban |
| United States | Not offered | No | Retail CFDs not permitted |
| Rest of world | Per venue | Yes | Venue terms; local law |
This table is the configuration the site enforces, not legal advice. It is applied at the edge, before the page renders, so a visitor in a restricted region never receives the referral block or the high-leverage presets.
Where to use it
Model the position first on one of the 45 market pages, so you know the liquidation distance and the cost before you fund anything. The code is worth 3.5% of the fees; the multiplier is worth everything else.