Cheap office MangoTrade – what are the customer reviews?

Each brokerage company strives to attract as many potential clients as possible to its platform, and MangoTrade is no exception. This firm offers a one-stop shop for professional trading. It provides a unique platform with a wide range of trading tools. The client is promised low spreads, trading multipliers and high-quality financial signals. Exchange intermediary MangoTrade touts its services, but how are things in reality? We will answer this and other questions in today’s article.

MangoTrade official site analysis

The broker’s website has a simple structure and does not have good content. On its pages you can get acquainted with the general facts about the company, the features of trading. The client is encouraged to start market trading in a few minutes. He can invest in popular currency pairs, shares of famous companies or commodities. Investors are urged to start their trading journey today, without delaying the decision. To get started, you need to install the application on your mobile phone, tablet or computer.

Exchange intermediary MangoTrade talks about the benefits of cooperation:

1. A free demo account is provided that allows you to try your hand at zero risk mode. A novice market player will not have to deposit money in order to start on a brokerage platform. Immediately after registering in the system, the player receives $10,000 on a virtual balance. This money will be useful for testing working strategies.
2. 24/7 technical support is provided in your preferred language. Employees are located in different countries and time zones, so they can provide services in a convenient format.
3. The minimum deposit starts from $10. A trader can place bets from 1 USD.
4. The platform provides technical analysis. Beginners can take advantage of recommendations from professionals, determine the potential direction of the trend and make the right bet. Among the technical tools are indicators, oscillators and graphic drawings.

The official site is a one-page site with a minimum amount of information. At the first visit, it seems that the authors of the project did not want to spend money and time providing important information. Perhaps the founders of the company did this on purpose to encourage the market player to contact the support service. It was possible to find out that before the brokerage portal looked completely different. On a full-fledged site, there was specificity that allowed drawing conclusions about the services provided. Today, only e-mail is published on the platform, there are no other contact details. Judging by the reviews, technical support staff answer questions before applying for a withdrawal of funds.

Trading with an exchange intermediary

After the update from the brokerage site, all the specifics disappeared. At the same time, there is information about available tariff plans and terms of cooperation. If you pay attention to investment programs, you can highlight the following aspects:

• In many tariffs, the starting threshold for entry starts at $ 500.
• The rate of return reaches 7% monthly, but may increase depending on the investment program.
• There is the possibility of early termination of the contract.
• The client is invited to purchase shares in the firm and become a full co-founder. In this case, deposits start at $50,000.

The company does not talk about the terms of cooperation and manages with general phrases. It provides a potential client with the opportunity to contact a brand representative to clarify important aspects. Before starting cooperation, it is recommended to pay attention to the advantages and disadvantages of the company. Checking legal documents will help separate bona fide intermediaries from the laymen. If the office operates without licenses and certificates, then it is highly likely to be fraudulent.

What do brand customers think?

Investors lost money through the fault of scammers. Beginning market players trusted their money to a dubious project and now bitterly regret their decision. They turn to professional lawyers and hope for a chargeback. Practice shows that the local regulator does not interfere in resolving disputes with MangoTrade. Feedback shows that government agencies will not deal with disputes with an unregulated organization.

Trading on mangotrade.com did not bring a positive result, because the investor lost all the money invested. As a result of cooperation, it became clear that this is an ordinary scam, which has only one goal – to deceive the client for the largest possible amount. Taking your money is not realistic, and stock market players are looking for a way to punish the criminal. They do not recommend contacting a company that operates without licenses and certificates.

Who is MangoTrade? Swindler or Broker?

The intermediary office is engaged in the most banal deception. She filled her website with empty statements that do not correspond to reality at all. The specialist will find many problems and shortcomings on the site mangotrade.com. Reviews confirm the guess about the low quality of the services provided. The company deceives its investors by permanently taking away their invested capital.