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/10

MAONO GLOBAL MARKETS

South Africa South Africa | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://maonoglobalmarkets.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

South Africa South Africa 2.72
Surpassed 13.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 21 207 2838
https://maonoglobalmarkets.com/
Unit 3B Waterside Place 19 Carl Cronje Drive Tyger Waterfront Western Cape 7530

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
South Africa
Operating Period
2-5 years
Company Name
Maono Global Markets (Pty) Ltd
Email
support@maonoglobalmarkets.com
Contact Number
+27212072838
Cherrie

Cherrie

Unverified

Malaysia

Maono Global Markets offers a wide range of trading instruments, making it a great choice for diverse investors. Plus, their spreads are competitive, which is a big plus when it comes to maximizing profits. Overall, I'm impressed with their trading options and pricing.

Positive

Positive

Michael Evans

Michael Evans

Unverified

Malaysia

Super easy to use, haven't had a single crash in the two weeks I've been messing around with their standard account. Plus, my account manager, Louise, a really good person, he's been dropping all sorts of helpful tips. Seriously, everything's been smooth sailing so far.

Positive

Positive

FX5617947502

FX5617947502

Unverified

South Africa

Brilliant CRM and easy verification. They seem to fix a lot of issues if they pop up which is very reassuring from a trader's perspective.

Positive

Positive

Jaco6847

Jaco6847

Unverified

South Africa

After they updated their CRM the overall quality has drastically improved. Having traded for almost 5 years I can confidently say they have some of the best spreads out there. Especially for Indices like Nasdaq and US30. Would highly recommend other traders to give them a shot.

Positive

Positive

zhanzhihao

zhanzhihao

Unverified

Netherlands

Despite offering a variety of financial products, the user interface proved to be unfriendly and navigating the website was cumbersome. The fee structure lacked transparency, and customer support responsiveness varied. While there are merits, improvements in UI, fee clarity, and customer service are necessary. Users should be prepared for a learning curve.

Neutral

Neutral

5
Account Info
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • maonoglobalmarkets.com
    104.21.75.219
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Maono Global Markets Review Summary
Founded2023
Registered Country/RegionSouth Africa
RegulationNo regulation
Market InstrumentsForex, Indices, Stocks
Demo Account/
LeverageUp to 1:500
SpreadFrom 1 pip
Trading PlatformMT5
Minimum Deposit/
Customer SupportContact Form
Phone: +27 21 207 2838, +27 65 291 3731
Email: support@maonoglobalmarkets.com
Company Address: Unit 3B Waterside Place 19 Carl Cronje Drive Tyger Waterfront WesternCape 7530
Social Media: WhatsApp

Maono Global Markets Information

Maono Global Markets operates as an online trading platform based in South Africa, providing market instruments such as forex, indices, and stocks. It claims to offer a high leverage of up to 1:500 and a low spread from 1 pip. Maono Global Markets utilizes MT5 as its primary trading platform. This company currently operates without regulation.

Maono Global Markets' homepage

Pros and Cons

ProsCons
MT5 supportedDemo accounts unavailable
Four account typesNo regulation
Multiple contact channels
Various payment options

Is Maono Global Markets Legit?

Maono Global Markets is not regulated by any notable authorities. Traders should take care while participating in platforms like this one.

No license

What Can I Trade on Maono Global Markets?

Maono Global Markets' tradable products cover forex, indices, and stocks.

Trading AssetAvailable
forex
indices
stocks
commodities
cryptocurrencies
bonds
options
funds
ETFs

Account Type

There are four types of live accounts available on this platform, with Standard Account, 125% Bonus Account, and 100% Bonus Account sharing the same features most of the time.

Account TypeLeverageSpread
Standard 1:500From 1 pip
125% Bonus
100% Bonus
Micro //
Account comparison

Leverage

The leverage on this platform is up to 1:500 for Standard Account, 125% Bonus Account, and 100% Bonus Account. Note that high leverage can amplify not only profits but also losses.

Spreads

Maono Global Markets claims to offer a low spread from 1 pip.

Spreads

Trading Platform

MetaTrader 5 (MT5) is the accessible platform offered by Maono Global Markets. It is a multi-asset trading platform designed for Multi-Asset Trading, Advanced Charting, Analysis Tools, Algorithmic Trading, Market Depth, and Multiple Order Types. Its an upgraded version of MetaTrader 4 with more features for traders and brokers.

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners
Trading ViewDesktop, Mobile, Tablets, WebBeginners
MT5

Deposit and Withdrawal

Maono Global Markets accepts deposit and withdrawal methods, including Mastercard, Paystack, Crypto, Ozow, Alphapo, and VISA.

Plus, this platform asserts to provide instant withdrawal.

Payment options

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

WikiFX Broker Assessment Series | Is Maono Global Markets Reliable?

Exposure WikiFX Broker Assessment Series | Is Maono Global Markets Reliable?

In this article, we'll look in-depth at Maono Global Markets, examining its key features.

Wiki Q&A

Is MAONO GLOBAL MARKETS a reliable or highly suspicious trading platform?

Maono Global Markets exhibits a high-risk profile, operating without any verified financial regulation from a mainstream authority. Its overall WikiFX score of 1.37 reflects a fundamental absence of regulatory security and oversight.

04-02
United States

Where is MAONO GLOBAL MARKETS registered?

The broker is registered in South Africa as Maono Global Markets (Pty) Ltd and has been active for between two to five years.

04-02
United States

Is MAONO GLOBAL MARKETS suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose MAONO GLOBAL MARKETS or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with MAONO GLOBAL MARKETS?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States
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