Score

1.52 /10
Danger

MANDAKINYU

Suspicious Regulatory License

High potential risk

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Regulatory Index0.00

Business Index7.06

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

MANDAKINYU · Company summary

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 contained in this article is for general information purposes only.

General Information

MANDAKINYU Review Summary
Founded 2019
Registered Country/Region China
Regulation No regulation
Demo Account Unavailable
Trading Platforms MT4
Customer Support Phone, email

What is MANDAKINYU?

MANDAKINYU is a platform that offers its clients trading experience. It provides traders with the renowned MT4 (MetaTrader 4) platform, known for its advanced features and user-friendly interface. Alongside the trading platform, MANDAKINYU offers a range of educational resources, including eBooks, strategies, trading psychology materials, and videos, aimed at helping traders enhance their skills and knowledge. But it is important to note that MANDAKINYU currently lacks valid regulation.

MANDAKINYU's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
• A range of educational resources • Not regulated
• MT4 supported • No demo accounts
• Phone and email support available • Limited research selection
• No live chat
• Regional restrictions

MANDAKINYU Alternative Brokers

There are many alternative brokers to MANDAKINYU depending on the specific needs and preferences of the trader. Some popular options include:

  • Markets.com - A well-regulated online trading platform offering a comprehensive suite of trading tools, educational resources, and excellent customer support.

  • BlackBull Markets – A reputable forex and CFD broker known for its institutional-grade liquidity, competitive pricing, and advanced trading technology.

  • Grand Capital – A multi-asset trading platform that provides traders with access to various financial markets, innovative trading technologies, and an extensive range of investment options.

Is MANDAKINYU Safe or Scam?

MANDAKINYU currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with MANDAKINYU, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Trading Platforms

MANDAKINYU offers its clients a comprehensive trading platform known as MT4 (MetaTrader 4). MT4 is a widely recognized and highly popular trading platform in the forex industry known for its user-friendly interface and advanced trading capabilities.

The MT4 platform provided by MANDAKINYU enables traders to access a wide variety of financial instruments, including currencies, commodities, indices, and cryptocurrencies. This diverse range of tradable assets allows traders to diversify their portfolios and take advantage of various market opportunities.

Furthermore, the MT4 platform is available on various devices, including desktop computers, smartphones, and tablets, ensuring that traders can access their accounts and trade on-the-go. This accessibility allows traders to monitor their positions and make timely adjustments as market conditions change.

MT4

See the trading platform comparison table below:

Broker Trading Platform
MANDAKINYU MT4
Markets.com MT4
BlackBull Markets MT4, MT5
Grand Capital iTrade, Webtrade

Educational Resources

MANDAKINYU offers eBooks, strategies, trading psychology and videos.

  • ebooks

The eBooks offered by MANDAKINYU cover a wide range of topics related to trading and investing. These eBooks provide valuable insights into various aspects of the financial markets, such as technical analysis, fundamental analysis, risk management, and trading strategies. Traders can benefit from these resources by gaining a deeper understanding of market dynamics and learning new trading techniques.

  • Trading Strategies

In addition to eBooks, MANDAKINYU also offers trading strategies to help traders develop their own systematic approach to the markets. These strategies may cover different trading styles, including day trading, swing trading, and long-term investing. Traders can utilize these strategies as a foundation and adapt them to match their individual trading preferences and risk tolerance.

  • Trading Psychology

MANDAKINYU recognizes this by providing materials on trading psychology. These resources aim to help traders overcome common trading pitfalls, manage emotions, and develop a disciplined mindset. By addressing the psychological challenges associated with trading, traders can enhance their decision-making process and improve their overall trading performance.

  • Videos

These videos cover a wide range of topics, including trading tutorials, market analysis, and expert insights. Visual demonstrations and explanations can be particularly beneficial for traders who prefer a more interactive and practical learning experience.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +81-80-1459-4400

2016-09-21

Email: info@mandakinyu.com

Address: Suite 23, 1st floor, Eden Plaza, Eden Island, Mahe, Republic of Seychelles (registered address)

Mise 4, Shirasagihightown B, 1-8-1, Masuishimmachi, Himeji-shi, Hyogo, 670-0806, Japan (physical address)

Conclusion

In conclusion, MANDAKINYU is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, MANDAKINYU's trading platform, MT4, caters to the needs of both beginner and advanced traders.

However, MANDAKINYU has many problems. First, it doesnt have regulation. Second, it is because the limited information is provided in the website that trades are not transparent enough. Therefore, traders should verify the regulatory status of MANDAKINYU or any broker they choose to work with to ensure compliance with industry standards and regulatory requirements.

Frequently Asked Questions (FAQs)

Q 1: Is MANDAKINYU regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at MANDAKINYU?
A 2: You can contact via telephone, +81-80-1459-4400, 2016-09-21 and email, info@mandakinyu.com.
Q 3: Does MANDAKINYU offer demo accounts?
A 3: No.
Q 4: Does MANDAKINYU offer the industry leading MT4 & MT5?
A 4: Yes. It supports MT4.
Q 5: Is MANDAKINYU a good broker for beginners?
A 5: No. It is not a good choice for beginners because of its unregulated condition.
Q 6: At MANDAKINYU, are there any regional restrictions for traders?
A 6: Yes. MANDAKINY can't offer services for US, Canada and some others residents.

User Reviews

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嗯48323
more than one year
I'm enjoying my investment here. I am having an account since last week. MANDAKINYU made the onboarding process so easy and understandable. They did not force me into doing anything I did not want to. Great service to start this new journey for me. I love the help I have received on the MANDAKINYU system so far.
I'm enjoying my investment here. I am having an account since last week. MANDAKINYU made the onboarding process so easy and understandable. They did not force me into doing anything I did not want to. Great service to start this new journey for me. I love the help I have received on the MANDAKINYU system so far.
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2023-03-21 15:39
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Rony89602
more than one year
These guys are thieves and scammers!! Their good reviews must be fake. They have a personal service for giving you advice and all the advice is specifically designed for you to lose your money.
These guys are thieves and scammers!! Their good reviews must be fake. They have a personal service for giving you advice and all the advice is specifically designed for you to lose your money.
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2023-03-06 12:21
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