ANSWER No, ManageCap is not a licensed entity and it appears to be a scam.ManageCap has not provided any specifics about its regulatory standing, which is often a red flag for fraudulent activities. Although it has a UK-based phone number, implying a potential UK office, it has failed to obtain the necessary authorization from the Financial Conduct Authority (FCA). Consequently, the FCA has issued a warning about ManageCap, labeling it as an unauthorized firm.In light of this, investing funds with ManageCap carries a significant risk due to the lack of regulatory oversight. To avoid becoming a victim of fraud and identity theft, it is recommended to avoid such unregulated trading platforms like ManageCap and instead opt for those that are strictly regulated.
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