Management Group claims to be registered in Switzerland, where brokers are required to be authorized by the Swiss Financial Market Supervisory Authority (FINMA). However, the FINMA has issued a warning against Management Group, stating that the trading platform is not in its commercial register.
In essence, Management Group is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Management Group claims to be registered in Switzerland, where brokers are required to be authorized by the Swiss Financial Market Supervisory Authority (FINMA). However, the FINMA has issued a warning against Management Group, stating that the trading platform is not in its commercial register.In essence, Management Group is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.