ManCu

Overview of ManCu

ManCu, founded in 2015 and headquartered in Australia, is a financial trading platform offering forex, indices, and stock index with leverage up to 400:1. With a regulatory oversight from the Financial Crimes Enforcement Network (FinCEN), ManCu ensures compliance with anti-money laundering and financial crime prevention regulations.

Pros & Cons

Is ManCu Legit？

ManCu is regulated by the Financial Crimes Enforcement Network (FinCEN) in the United States, holding a Crypto-License with license number 31000264986754. This regulatory oversight ensures compliance with anti-money laundering and financial crime prevention regulations.

However, ManCu's regulatory status with the National Futures Association (NFA) in the United States is abnormal, marked as “Unauthorized.” This designation highlights potential risks associated with engaging with ManCu.

Trading Instruments

Compared to other brokers, trading instruments available at ManCu offers is limited, only 80+, including 50 spot and forward FX currency pair CFDs, indices (gold, oil and silver), and stock index.

Leverage

Leverage at ManCu allows traders to amplify their trading positions with ratios of up to 400:1, enabling them to control larger positions with a smaller amount of capital.

Spreads & Commissions

ManCu offers two types of spreads, including variable spread with no commission, and ECN spread as low as 0.1 pips with a fixed fee of $10 per trade.

Trading Platforms

Instead of the industry leading MT4 and MT5, ManCu only offers the MancuFX6 platform. You can also trade on the go, whether via iOS or Android devices.

Customer Support

Live chat

Email: mancu@mancu.com

Address: FLAT/RM B5/F GAYLORD COMMERCIAL

Conclusion

ManCu offers a diverse range of tradable assets and provides competitive spreads and commissions. However, its regulatory status with the National Futures Association (NFA) in the United States being marked as “Unauthorized” raises potential risks for traders.

Q&A

Is trading with ManCu safe？

While ManCu is regulated by the Financial Crimes Enforcement Network (FinCEN), its regulatory status with the National Futures Association (NFA) in the United States is marked as “Unauthorized.”

Does ManCu provide popular MT4 and MT5 platforms？

No. Instead, it only offers MancuFX6 platform.

What's the minimum deposit required byManCu？

Not mentioned.

Is ManCu a good broker for beginners？

No. Although it is a regulated broker, no demo accounts, no educational resources, beginners can have better choices.

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.