MoonPay Review 2026 - An In-Depth Analysis
- expertise:
- CFD Trading, Forex, Derivatives, Risk Management
- credentials:
- Chartered ACII (2018) · Trading since 2012
- tested:
- 40+ forex & CFD platforms with live accounts
- expertise:
- Platform Testing, Cryptocurrency, Retail Investing
- credentials:
- Active investor since 2013 · 11+ years experience
- tested:
- 50+ platforms · 200+ guides authored
- expertise:
- Broker Comparison, ISA Strategy, Portfolio Management
- credentials:
- Active investor since 2013 · 11+ years experience
- tested:
- 40+ brokers with funded accounts
- expertise:
- CFD Trading, Forex, Derivatives, Risk Management
- credentials:
- Chartered ACII (2018) · Trading since 2012
- tested:
- 40+ forex & CFD platforms with live accounts
- expertise:
- Platform Testing, Cryptocurrency, Retail Investing
- credentials:
- Active investor since 2013 · 11+ years experience
- tested:
- 50+ platforms · 200+ guides authored
- expertise:
- Broker Comparison, ISA Strategy, Portfolio Management
- credentials:
- Active investor since 2013 · 11+ years experience
- tested:
- 40+ brokers with funded accounts
How We Test
Real accounts. Real money. Real trades. No demo accounts or press releases.
What we measure:
- Spreads vs advertised rates
- Execution speed and slippage
- Hidden fees (overnight, withdrawal, conversion)
- Actual withdrawal times
Scoring:
Fees (25%) · Platform (20%) · Assets (15%) · Mobile (15%) · Tools (10%) · Support (10%) · Regulation (5%)
Regulatory checks:
FCA Register verification · FSCS protection
Testing team:
Adam Woodhead (investing since 2013), Thomas Drury (Chartered ACII, 2018), Dom Farnell (investing since 2013) — 50+ platforms with funded accounts
Quarterly reviews · Corrections: [email protected]
Disclaimer
Not financial advice. Educational content only. We're not FCA authorised. Consult a qualified advisor before investing.
Capital at risk. Investments can fall. Past performance doesn't guarantee future results.
CFD warning. 67-84% of retail accounts lose money trading CFDs. High risk due to leverage.
Contact: [email protected]
Quick Answer: Is MoonPay Good?
Author’s Comments
After testing MoonPay across multiple transactions, I found it easy to use but underwhelming for regular traders. The simplicity is welcome, yet its fees and support make it hard to recommend over alternatives like eToro or Coinbase. It feels polished—but expensive for what it delivers.
Quick Summary – Is MoonPay Worth Using in 2025?
| Category | Score (out of 5) | Comment |
|---|---|---|
| Ease of Use | 4.4 | Simple setup and fast payments |
| Fees | 3.2 | Above-average costs compared with competitors |
| Speed | 4.3 | Instant purchases via card and Apple Pay |
| Safety | 4.0 | Compliant, but not FCA-regulated directly |
| Support | 3.5 | Email-only, slow during high demand |
| Overall Experience | 3.9 | Convenient but overpriced for regular use |
What Is MoonPay and Who Is It For?
How Easy Is It to Get Started with MoonPay?
Getting started is straightforward. Users simply create an account, verify their ID, and link a payment method. Purchases can be made in minutes. It’s beginner-friendly, though high fees and limited coin options may frustrate experienced crypto users seeking lower-cost alternatives.
Is the Registration Process Smooth?
Yes. MoonPay’s signup process is simple and quick. ID verification typically takes less than five minutes, and the system supports most UK documents. Payments can be made right after approval. It’s one of the most efficient onboarding experiences among crypto on-ramps.
What’s the User Experience Like?
MoonPay’s platform is clean, intuitive, and easy to navigate on both mobile and desktop. Payment flows are transparent, showing full fees upfront. Transactions usually complete within minutes. It’s highly accessible but lacks advanced features like price tracking or portfolio management tools.
Usability Summary
| Aspect | Rating (out of 5) | Comment |
|---|---|---|
| Registration Speed | 4.6 | Fast account setup with smooth KYC verification |
| Interface Design | 4.4 | Simple, polished layout ideal for beginners |
| Transaction Transparency | 4.2 | Fees displayed before confirmation |
| Mobile Experience | 4.5 | Optimised for smartphones and tablets |
| Overall Ease of Use | 4.4 | Convenient and accessible, but limited in depth |
Does MoonPay Provide Learning and Support Tools?
MoonPay focuses more on usability than education. While it offers a clear help centre and occasional blog posts, it lacks detailed tutorials or trading guides. It’s enough for beginners to get started, but not ideal for those wanting deeper crypto learning.
What Learning Resources Are Available?
MoonPay’s knowledge base covers basics like account setup, payment options, and verification. It’s easy to search and well-written but limited in scope. There’s no video content, market insights, or step-by-step trading education like you’d find on platforms such as eToro.
Education & Support Summary
Support is available only through email. Responses are usually polite but slow, often taking 12–24 hours. There’s no live chat or phone support, which can be frustrating when dealing with payment issues or verification delays. The help articles, however, are well-documented.
| Category | Rating (out of 5) | Comment |
|---|---|---|
| Learning Resources | 3.6 | Basic help centre; lacks deeper crypto education |
| Help Centre Navigation | 4.0 | Well-organised with clear answers |
| Support Response Time | 3.2 | Email-only and sometimes slow |
| Customer Experience | 3.5 | Helpful but limited in real-time availability |
| Overall Support Quality | 3.6 | Sufficient for basics but falls short for active users |
Where Could MoonPay Improve?
MoonPay’s biggest weaknesses are its fees, regional crypto limits, and slow support. It remains convenient but less competitive in cost and coverage. Improving pricing transparency and response times would make it more appealing against faster, cheaper rivals like Ramp or eToro.
Are MoonPay’s Fees Competitive?
Not really. MoonPay charges around 3.5–4% on card purchases, higher than most competitors. The convenience is clear, but frequent users will find cheaper options elsewhere. For large or recurring purchases, eToro and Coinbase are far more cost-efficient.
Is Crypto Availability Limited?
Yes. While MoonPay supports major coins like BTC, ETH, and USDC, it doesn’t offer smaller altcoins in many regions. UK and EU users have a narrower selection compared to full exchanges, which limits flexibility for diversified investors.
Is Customer Support a Weak Point?
Definitely. Support delays are the most common user complaint. Without live chat or faster ticket resolution, issues like failed transactions can take days to resolve — frustrating when money is already in transit.
Key Drawbacks Summary
| Issue | Description | Impact |
|---|---|---|
| High Fees | Transaction costs up to 4% | Expensive for regular users |
| Limited Crypto Range | Fewer supported coins in some regions | Restricts asset diversity |
| Slow Customer Support | No live chat; delayed replies | Poor experience when issues arise |
| No Advanced Tools | Basic payment system only | Not suitable for serious traders |
Is MoonPay Safe and Regulated?
MoonPay is generally safe to use and operates under strict AML and KYC standards. While it isn’t directly FCA-regulated in the UK, it partners with compliant financial institutions. Transactions are encrypted and monitored for fraud, providing a solid level of user protection.
Security Summary
| Protection Area | Details | Rating (out of 5) |
|---|---|---|
| Regulatory Compliance | Follows global AML/KYC standards; partners with licensed entities | 4.0 |
| Transaction Security | SSL encryption and tokenisation applied to all payments | 4.4 |
| Data Privacy | GDPR compliant; no data sharing without consent | 4.3 |
| User Protection | Fraud monitoring and 2FA support | 4.2 |
| Overall Security Rating | Generally safe but not FCA-regulated directly | 4.0 |
What Do Users Say About MoonPay?
MoonPay’s reputation is mixed — praised for simplicity but criticised for costs and support. It averages a 4.2 rating on Trustpilot, reflecting strong convenience but inconsistent customer service. Users value the fast buying process but expect better responsiveness and lower fees.
What Are the Main Complaints?
The most common frustrations involve high fees, slow refunds, and limited live support. Some users also report strict ID verification or payment rejections. While these issues aren’t universal, they appear often enough to be notable weaknesses versus competitors like Ramp or eToro.
Comparison Table – MoonPay vs Other On-Ramps (2025)
| Platform | Best For | Average Fee | Asset Range | Regulation | Overall Rating |
|---|---|---|---|---|---|
| MoonPay | Quick card-based crypto purchases | ~3.5–4.0% | Limited | Partners with regulated entities | 3.9/5 |
| eToro | All-in-one investing with crypto and stocks | ~1.0% | Extensive | FCA regulated | 4.6/5 |
| Coinbase | Trusted crypto exchange for beginners | ~1.5% | Very wide | FCA registered | 4.4/5 |
| Ramp | Cheapest fiat-to-crypto gateway | ~1.0–1.5% | Moderate | FCA registered | 4.3/5 |
| Transak | Global on-ramp with low fees | ~1.5–2.0% | Wide | FCA registered | 4.2/5 |
Final Verdict – Is MoonPay Worth It in 2025?
Fast and Secure Crypto Transactions
- Fast Crypto Transactions
- Global Accessibility
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
FAQs
What Fees Does MoonPay Charge?
MoonPay’s fees vary by payment method:
- Debit/Credit Card: 4.5%+ (Instant transactions)
- Bank Transfer (Faster Payments UK): 1.5% (Lower cost, takes 1-2 hours)
- Crypto Sales (GBP Withdrawals): 1%
To reduce fees, avoid card payments for large purchases and use bank transfers instead.
How Long Does It Take to Buy Crypto on MoonPay?
- Instant for card purchases – Crypto is delivered within minutes.
- Bank transfers take 1-2 hours – Some transactions may take longer based on verification.
If you experience delays, it may be due to additional fraud checks or bank processing times.
Does MoonPay Support My Country?
MoonPay operates in over 160 countries, but some regions have restrictions on certain cryptocurrencies.
- Supported countries: UK, USA, Canada, EU nations, Australia, and more.
- Restricted regions: Some countries face limitations on certain altcoins.
Before purchasing, check MoonPay’s website for the latest availability in your country.
Can I Sell Crypto and Withdraw to My Bank Account?
Yes. MoonPay allows users to sell Bitcoin (BTC) and other cryptos and withdraw funds to their bank account. However, not all cryptocurrencies can be sold directly.
Withdrawal fees: 1% for GBP transactions. Processing times depend on the bank but are usually within 1-2 business days.
