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Maunto

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Operating status: SCAM

Website: https://www.maunto.net/

Broker violations and abnormal records
  • 2024-11-03 BrokersView has reviewed that Maunto is an unregulated broker

    Maunto seems to be a relatively new platform, with its domain name registered in January 2024. Generally, investors are advised to go with established trading platforms that have been tested by time and numerous traders. The credibility of a newly created platform should be questioned. The website doesn't provide adequate information about the company behind it, leaving people in the dark about its true legal status. No legal notices are posted, and the Legal page is blank. Maunto claims to be registered in St. Lucia, but offshore jurisdictions cannot provide the necessary protections for investors. In other words, Maunto is not effectively regulated.

    In essence, Maunto is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Maunto appears to be a scam.

    Maunto seems to be a relatively new platform, with its domain name registered in January 2024. Generally, investors are advised to go with established trading platforms that have been tested by time and numerous traders. The credibility of a newly created platform should be questioned. The website doesn't provide adequate information about the company behind it, leaving people in the dark about its true legal status. No legal notices are posted, and the Legal page is blank. Maunto claims to be registered in St. Lucia, but offshore jurisdictions cannot provide the necessary protections for investors. In other words, Maunto is not effectively regulated.In essence, Maunto is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Maunto appears to be a scam.

Related Complaints

Q&A

Maunto? a scam?

vimma india
India
2024-11-05
ANSWER Dear Investor,We've looked into Maunto and believe it to be a scam.This is a relatively new trading platform, with its domain name registered in January 2024. The recent domain registration, combined with the lack of essential information about the company and its licenses, raises significant concerns about its legitimacy and credibility. Although Maunto claims to be registered in St. Lucia, it cannot be considered reliable since the offshore jurisdiction does not license forex trading activities and provides minimal supervision and regulatory protections.Therefore, Maunto is an unlicensed trading platform, presenting substantial risks. To mitigate these risks, we recommend opting for fully regulated brokers instead.
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