ANSWER Dear Investor,We've looked into Maunto and believe it to be a risky trading platform.This is a relatively new platform. We found that many subpages of the website are still incomplete. Although Maunto claims to be registered in St. Lucia, it cannot be considered reliable since this offshore jurisdiction does not license forex trading activities and provides minimal supervision and regulatory protections. Regarding their license from the Mwali International Services Authority (MISA), it's important to note that this authority is questionable. The Central Bank of Comoros has officially denied any association with MISA, declaring it a fabricated entity without any regulatory authority. Investors should be informed about this situation.Therefore, Maunto presents significant risks. To mitigate these risks, we recommend opting for regulated brokers supervised by top-tier financial regulators instead.
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