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ANSWER Management Group is an unlicensed broker that we advise against trading with, despite the seemingly attractive deals it offers.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 doesn't comply with the local laws and the products and services it offers are illegal.Regarding your quesion, Management Group is an illegal broker. It is a fraudulent trading platform that carries significant risks such as financial losses and identity theft, as there are no rules in place to safeguard investors' interests. Therefore, we strongly encourage investors to stay away from unlicensed brokers like Management Group and instead choose a fully regulated one to mitigate such risks.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.