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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