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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MangroupFX

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://mangroupfx.com/

Website

Rating Index

Contact

+442031481517
https://mangroupfx.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
MangroupFX
Email
info@mangroupfx.com
Contact Number
+442031481517
About Us
Disclosure
Wiki Q&A
Comment

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Review summary

MangroupFX presents a significant departure from typical industry standards. Operating for 5-10 years and registered in the United Kingdom, its declared 'Suspicious Scope of Business' is an immediate concern. The firm holds no valid forex trading licenses from major regulatory bodies like the UK's FCA or other comparable authorities. Its operational framework is completely unregulated, lacking any authoritative oversight for client asset protection or dispute resolution. With a WikiFX score of 1.51, the firm exhibits a severe lack of credible supervision and an inherent operational risk profile. Critical trading metrics, including minimum deposit requirements, available leverage, and execution platform details, are not publicly disclosed, which limits transparency. Engaging with an entity operating without mainstream financial regulation carries inherent and substantial risks regarding fund safety and operational integrity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-07)

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is MangroupFX safe and reliable?

MangroupFX presents critical concerns regarding its safety and reliability. The broker holds no valid trading licenses and operates under a 'Suspicious Scope of Business' designation. Its exceptionally low score of 1.51 reflects a severe lack of credible oversight, client fund protection, and operational transparency. An unregulated status inherently elevates risk, as there is no governing authority to ensure fair practices or resolve disputes.

04-07
United States

Is MangroupFX regulated?

No, MangroupFX is not a regulated broker. A review of its licenses shows an empty record for forex trading authorization. It operates without oversight from any recognized financial regulator, such as the UK's Financial Conduct Authority (FCA) or other comparable bodies. This complete absence of regulatory supervision is a defining characteristic of the firm's operational profile.

04-07
United States

What is the minimum deposit of MangroupFX?

MangroupFX does not publicly disclose its minimum deposit requirement. This lack of transparency regarding a fundamental account prerequisite is atypical for established brokers and limits a potential client's ability to make an informed initial comparison.

04-07
United States

Does MangroupFX support MT4 or MT5?

The specific trading platform(s) supported by MangroupFX, including whether it offers MetaTrader 4 (MT4) or MetaTrader 5 (MT5), are not publicly disclosed. Information regarding its trading infrastructure remains limited.

04-07
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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