Maunto

Rating: 3 / 5

Maunto offers its web-based, user-friendly trading platform, allowing traders to transact in highly liquid assets spanning six sectors. It provides traders with 24/5 customer support, services in six languages with a focus on Asia, and has a $250 minimum deposit requirement. I rate Maunto as best-suited for beginner traders, as it lacks algorithmic trading support and volume-based rebates. I evaluated the Maunto trading environment during my review to see if beginners should consider it. Should you trade with Maunto?

Maunto Website Screenshot

Broker Details

Headquarters
Saint Lucia
Established
2023
Min Deposit
$250
Execution
Market Maker
Regulators
MWALI International Services Authority

Trading Conditions

Min Raw Spreads
2.5 pips
Min Forex Commission
Commission-free

Accounts & Funding

Funding Methods
3+
Deposit Options
Credit CardsWire TransferOther
Deposit Fees
No
Withdrawal Options
Credit CardsWire TransferOther
Withdrawal Fee
Yes

Trading Costs & Spreads

EUR/USD
2.5 pips ($25.00)
GBP/USD
2.8 pips ($28.00)
WTI Crude
$0.14
Inactivity Fee
true

Platform & Features

Trading Platforms
Proprietary platform, Web-based

Pros

  • Education for beginners
  • 24/5 customer support
  • A liquid asset selection

Cons

  • Site info could be more transparent

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