Score

1.49 /10
Danger

Mansa-X

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.88

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

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

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Mansa-X · Company summary
Aspect Information
Registered Country/Area Kenya
Founded Year 2019 (KES), 2022 (USD)
Company Name Mansa-X Fund
Regulation Unregulated
Services Investment management, financial services
Customer Support Phone, mobile, WhatsApp, email

Overview

Mansa-X Fund, established in 2019 for Kenyan Shilling (KES) transactions and 2022 for United States Dollar (USD) transactions, operates in Kenya. As an unregulated entity, it offers investment management and financial services to its clients. For customer support, Mansa-X provides accessibility through various communication channels, including phone, mobile, WhatsApp, and email, ensuring prompt assistance for inquiries or assistance.

Overview

Regulation

Mansa-X operates in an unregulated environment, lacking oversight or guidelines from governing bodies. This lack of regulation may lead to potential risks for users or stakeholders involved with Ansa-X. Without regulatory measures in place, ensuring transparency and accountability within the platform could become challenging.

Regulation

Pros and Cons

Pros Cons
  • Access to Resilient Investment
  • Lack of Regulation
  • Genuine Diversification
  • Comprehensive Customer Support

Investing in Mansa-X Fund offers several advantages, including access to resilient investment opportunities rooted in African success and innovation. The fund also provides genuine diversification across various asset types and geographical regions, mitigating correlation risks and enhancing potential returns. Additionally, Mansa-X offers comprehensive customer support, ensuring clients can access assistance promptly through various communication channels.

However, one notable concern is the lack of regulation, which may pose potential risks due to the absence of oversight or guidelines from governing bodies. Despite this drawback, the benefits of investing in Mansa-X Fund outweigh the risks for many investors seeking diversified and resilient investment options.

Services

Fund Profile:

Managed by Standard Investment Bank

Services

Base Currency: KES (Kenyan Shilling) & USD (United States Dollar)

Fund Inception: Jan 2019 (KES), Oct 2022 (USD)

AUM (Assets Under Management): 19.5 Billion KES, 20.6 Million USD

Minimum Investment: 250,000 KES, 2,500 USD

Minimum Top-Up: 100,000 KES, 1,000 USD

Financial Services Charge: 5%

Performance Charge: 10% above hurdle rate

Fund Profile

Investment Strategy:

Multi-Asset Approach: Diversifies across various assets, classes, sectors, and geographies.

Long/Short Trading Model: Utilizes a sophisticated model to maximize returns amidst market volatility while safeguarding against downturns.

Investment Universe:

Global Investments: Including single stocks & stock indices, fixed income, derivatives, precious metals, and commodities.

Local Investments: Comprising cash & cash equivalents, fixed income, NSE derivatives, exchange-traded funds (ETFs), and NSE equities.

Investment Strategy

Client Benefits:

Access to Resilient Investment: Rooted in the legacy of African success and innovation, providing a gateway to prosperous investment opportunities.

Genuine Diversification: Across different asset types and geographical regions to mitigate correlation risk and enhance returns on investment.

Mansa-X Fund offers a comprehensive suite of investment services tailored to cater to both local and global investors, emphasizing diversification and maximizing returns while minimizing risks.

Customer Support

Mansa-X Fund provides comprehensive customer support with various contact options:

Contact Details:

  • Address: 16th floor JKUAT Building, Kenyatta Avenue, P.O. Box 13714 – 00800, Nairobi, Kenya

  • Telephone: +254(0) 20 2277 000

  • Mobile: +254(0) 777 333 000

  • WhatsApp: +254(0)777 333 000

  • Email: clientservices@sib.co.ke

Accessible Support: Clients can connect through phone, mobile, WhatsApp, or email, ensuring easy access for inquiries or assistance. Our team is dedicated to providing professional and knowledgeable support to address any concerns promptly and effectively.

Customer Support

FAQs

Q1: Is Mansa-X Fund regulated?

A1: No, Mansa-X operates in an unregulated environment, lacking oversight or guidelines from governing bodies.

Q2: What is the minimum investment required?

A2: The minimum investment is 250,000 KES or 2,500 USD.

Q3: How does Mansa-X diversify investments?

A3: Mansa-X follows a multi-asset approach, diversifying across various assets, classes, sectors, and geographies.

Q4: What are the contact options for customer support?

A4: You can reach Mansa-X Fund's customer support via telephone, mobile, WhatsApp, or email.

Q5: What risk warning should I be aware of?

A5: Online trading carries substantial risk, potentially leading to the total loss of invested funds.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

User Reviews

More

User comment

3

Comments

Write a review

FX1257028142
more than one year
Personally, I haven't opened my account yet but I will definitely open in the near future since I’m very much satisfied with the service I have received so far.
Personally, I haven't opened my account yet but I will definitely open in the near future since I’m very much satisfied with the service I have received so far.
Translate to English
2023-02-27 15:53
Reply
0
0
FX1164874162
more than one year
I place a multiple GBPAUD trade at night, and I even lost my sleep to watch the market moving in my direction positively while I was counting my gains happily. Suddenly, the entire trade was wiped out of the platform!
I place a multiple GBPAUD trade at night, and I even lost my sleep to watch the market moving in my direction positively while I was counting my gains happily. Suddenly, the entire trade was wiped out of the platform!
Translate to English
2022-12-16 11:47
Reply
0
0