WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Mandy

United States|5-10 years|
Suspicious Scope of Business|High potential risk|

http://mandymarkets.com/

Website

Rating Index

Contact

0085254956034
cs@mandyfx.com
http://mandymarkets.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

0085254956034

Other ways of contact

Broker Information

More

Company Name

Mandy Group

Abbreviation

Mandy

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Mandy · WikiFX Survey

Users who viewed Mandy also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.77
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Neex

9.12
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Vantage

8.65
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Mandy · Company Summary

Note: Mandys official site - http://mandymarkets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Mandy Review Summary in 4 Points
Founded 5-10 years
Registered Country/Region United States
Regulation NFA unauthorized
Customer Support Phone, Email

What is Mandy?

Mandy

Mandy, an online trading platform based in the United States, purportedly provides online trading services to its users. However, the broker's website being currently inaccessible presents significant difficulties in ascertaining the broker's regulatory compliance and legitimacy. Coupled with this, the lack of authorization from the National Futures Association (NFA) deepens the concerns regarding its credibility and reliability.

In the subsequent article, we'll endeavor to perform an extensive investigation of Mandy, providing an all-encompassing and methodical overview from different angles. Should this subject intrigue you, we urge you to delve deeper. Upon concluding our assessment, a succinct summary will be presented, giving a swift overview of this broker's key features.

Pros & Cons

Pros Cons
None • NFA unauthorized
• Lack of transparency
• Website inaccessible
• Withdrawal issues reported on WikiFX

Mandy, an alleged online trading platform, presents numerous concerns while having no identifiable benefits.

One of the primary issues is its NFA unauthorized regulatory status which raises concerns about its credibility and trustworthiness. Moreover, Mandy also has a clear lack of transparency, a factor crucial to instilling client trust, further creating suspicion. Furthermore, it has a continuously inaccessible website, affecting user experience and reducing the ability of users to learn about their operations. To compound these issues, there have also been a number of reported withdrawal issues on WikiFX, suggesting potential hurdles in the transaction process.

Given these numerous drawbacks, clients and investors should proceed with extreme caution when dealing with Mandy.

Is Mandy Safe or Scam?

When considering the safety of a brokerage like Mandy or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: Concerns have been raised about this broker, who claims regulation under the National Futures Association (NFA) with the license number 0511950, yet appears unauthorized. Further issues have come to light due to the broker's inaccessible website. Ensuring the legitimacy of financial institutions is essential, and conducting due diligence becomes particularly necessary when such concerning signs are presented by the entity.

unauthorized NFA license
  • User feedback: The presence of two withdrawal issues reported on WikiFX are indeed major concerns. These instances of withdrawal issues may indicate potential problems with the broker's transaction processes or customer service efficiency, which are serious issues for any individual participating in trading activities.

  • Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker.

Ultimately, the decision to engage in trading with Mandy is a personal one, necessitating a careful evaluation of the pros and cons before arriving at a conclusion.

User Exposure on WikiFX

Two reports of withdrawal issues on WikiFX, with one resolved, are significant red flags. We strongly urge traders to undertake exhaustive research and meticulously review all accessible information prior to initiating any trades.

Our platform is dedicated to helping traders make informed decisions. If you've been a victim of financial fraud or have faced similar issues, we invite you to share your experiences in our 'Exposure' section. Your insights are extremely valuable. Rest assured our devoted team is unwavering in their quest to tackle such issues and is consistently working on developing effective solutions for sophisticated problems.

User Exposure on WikiFX

Customer Service

Mandy provides customer support services to address the queries and concerns of its users. It facilitates this through various mediums such as email and phone calls, ensuring that clients can reach out to them for assistance.

Email: cs@mandyfx.com.

Tel: 0085254956034.

Conclusion

Mandy, an online trading platform based in the US, has raised numerous red flags in its operations. Notably, the platforms unauthorized regulatory status by the National Futures Association (NFA) suggests a potential deviation from established financial practices, which could expose traders to uncontrollable risks in an unmonitored environment. Furthermore, ongoing issues with accessing their website bring the platform's professionalism and liability into question, which ultimately affect the user experience in a negative way.

As such, for their own protection, potential users are advised to proceed with caution when engaging with Mandy and place importance on the broker's transparency, regulatory compliance, and customer support. Traders should consider going for platforms that are fully regulated and provide trustworthy customer service.

Frequently Asked Questions (FAQs)

Q 1: Is Mandy regulated?
A 1: No. It has been verified that this broker currently has no valid regulations.
Q 2: Is Mandy a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and negative reports from clients.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Review 2

2 Comments
Write a comment
All(2) Latest Exposure(2)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com