www.mangroupfx.com has been flagged by AMF (France) for "Unauthorised". Category: Forex|Usurpation This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.mangroupfx.com.
If you are reading this considering www.mangroupfx.com - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: API access|Risk management tools|Excellent charting
Cons: No crypto staking|Help articles are sometimes vague
www.mangroupfx.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Portfolio tracking tools|Professional team
Cons: Research section could be deeper
www.mangroupfx.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Economic calendar|Automated trading options|Quick verification|Easy withdrawals
Cons: Inactivity fee applies after 12 months|Spreads widen during volatile periods
The so-called education at www.mangroupfx.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about five months thinking they would help me learn.
Pros: Segregated accounts|Low minimum deposit
Cons: Account statements could be more detailed
I referred a friend to www.mangroupfx.com through a forum discussion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Easy withdrawals|Real-time alerts
Cons: Onboarding videos are outdated|Charting tools need more indicators
I signed up with www.mangroupfx.com after doing extensive research and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Helpful community forum|Quick verification|Personal attention
Cons: No dark mode on mobile|Account statements could be more detailed
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. www.mangroupfx.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Real-time alerts|Economic calendar
Cons: Some tools only available on higher tiers|Inactivity fee applies after 12 months
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. www.mangroupfx.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Social trading features|Wide product range|Responsive team|Economic calendar
Cons: Desktop app not available on Linux|No integrated tax optimization
Do not believe the bonus offer from www.mangroupfx.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Economic calendar|Good mobile app|Intuitive for beginners|Portfolio tracking tools
Cons: Website design could be more modern|No integrated tax optimization
The platform at www.mangroupfx.com is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I retired last year of dealing with this, I have had enough.
Pros: High security standards|Quick verification|Clear documentation
Cons: Could offer more webinars