Ever wondered what makes a forex broker exceptional? Let’s unravel the mysteries of the forex market with our Maunto review, where trading takes on a whole new dimension. In this exclusive review, we dive into the core features that make Maunto a standout choice for traders seeking precision, reliability, and a cutting-edge edge in the dynamic world of forex.
Here are the top features of Maunto, it guides you as you aim for the peak of your trading potential. Their dedicated team places a high value on financial dynamics, self-fulfillment, and fostering a thriving trading community. Furthermore, the broker make you ready to meet challenges with confidence, armed with courage and easy-to-use tools. Maunto provides tailored accounts, swift registration, and cross-platform trade execution to ensure you’re well-prepared for success. Stay informed with instant market updates, high-speed access, and the convenience of one-click trading options.
Additionally, education is a priority at Maunto, and the broker offer materials to enhance your trading skills, along with a demo account for practice. Also, their premier services are designed to support you through every step of your trading journey.
Regulation
DataWave Tech Ltd, (hereinafter referred to as the “Company”), is a company registered with the registrar of International Business Companies in Saint Lucia with registration No. 2023-00512, authorized by the Mwali International Services Authority, under an International Brokerage and Clearing House License with number T2023409. This accreditation underscores the Company’s commitment to transparency, regulatory compliance, and its authorization to engage in international brokerage and clearing activities.
Account Types
Maunto provides various types of accounts to suit different trading needs. The Classic Account is a solid choice for beginners and experienced traders alike. It provides access to trade all assets without any swap discounts. With a margin call set at 100% and a stop out level at 20%, traders can manage their risk effectively. The Classic Account allows trades as small as 0.01 lots and up to 50 lots per trade, ensuring flexibility in trading volume. Additionally, traders benefit from negative balance protection, free support, and access to complimentary trading education resources.
Moving up the ladder, the Silver, Gold, Platinum, and VIP accounts offer similar features to the Classic Account. Traders in these accounts also enjoy the flexibility to trade all assets, without swap discounts. The margin call and stop-out levels are the same for all types of accounts, and so are the minimum and maximum trade volumes at Maunto. Moreover, traders in these accounts receive negative balance protection, free support, and access to free trading education materials.
Each account type caters to traders at different stages of their trading journey, providing a seamless experience with essential features and support services. Whether you’re starting out or seeking advanced trading options, Maunto’s array of account types ensures there’s an option suited to your specific trading needs.
For all account types you will get up to 1:400 leverage for forex, up to 1:200 for silver, gold, indices and commodities. And for the stock/equities the leverage is up to 1:5.
Instruments
Start a diverse trading journey with Maunto, where the broker bring you various markets to cater to every trader’s preference. Whether you’re into the dynamic world of Forex, the enticing realms of Cryptocurrencies, Metals, Commodities, or Stock Trading, Maunto offers a complete platform for fulfilling and rewarding trading experiences.
Trading Platform
You can start your trading journey with Maunto WebTrader, the gateway to conquering market challenges effortlessly. This user-friendly platform ensures you never miss a trading opportunity, offering seamless access from any device. Customize market alerts effortlessly to align with your financial vision and refine your strategy using trading history and analytical reports for peak trading success.
At Maunto, your security is a top priority. The WebTrader employs cutting-edge technological solutions and robust data encryption to safeguard your trading environment, providing you with peace of mind.
Dive into global markets without limitations, accessing over 350 CFDs on popular assets, including Forex, commodities, cryptocurrencies, indices, stocks, and more. With 60+ professional analytical tools, customize instant notifications to craft a successful trading strategy that suits your needs.
Maunto’s WebTrader brings you essential features, including 160+ CFDs on the most popular assets, 1-click account switching, real-time rate streaming, instant price alerts, and Stop Loss/Take Profit tools. The simple interface ensures a hassle-free trading experience, while dedicated live support is just a click away, ready to assist you in navigating the exciting world of trading.
Deposit and Withdrawals
You can begin by depositing at least 250 USD (or the equivalent in your account currency). If you don’t want to deposit right away, that’s okay, but you’ll only be able to trade with a practice or demo account. Maunto accepts deposits in USD, and JPY. To add money to your account, you can choose from different methods like Credit/Debit Cards, Wire Transfer, and Alternative Payment Methods (APMs). This means you can choose how much money you want to start trading with, whatever suits you best.
When you want to take your money out (withdraw), there are a few important things to remember. You can cancel the withdrawal if it hasn’t been processed yet. If you’re using Wire Transfer, the smallest amount you can withdraw is 10 USD (or the equivalent in your account currency). But if you’re using e-wallets, you can take out any amount, just make sure it covers the applicable fee.
If you want to take your money out, just log in to your account and follow the easy instructions on the withdrawal page. It usually takes about 8 to 10 business days for the withdrawal to go through, but the time might vary depending on your local bank.
You can make withdrawals whenever you want, as long as your account has enough money to cover the withdrawal amount and any fees. Sometimes, there might be a withdrawal fee under certain conditions. The first time you take money out is free for accounts that are fully verified and have at least one trade. However, if your account isn’t fully verified or verified without an open trade, you might have to pay a withdrawal fee of 10 USD (or the equivalent in your account currency).
When you withdraw money after the first time, there are some fees to know about:
- For Credit Cards, Debit Cards, Prepaid Cards, and E-wallets, there’s a fee of 3.5%.
- If you use Wire Transfer, the fee is 30 USD (or an equivalent amount, depending on your account currency).
Inactivity Fees
With Maunto, if you don’t do anything in your trading account for at least two months (like putting in money, taking it out, or making trades), they might charge you a fee for not being active. The fee depends on how long you haven’t done anything. It starts at 0 if it’s been 0 to 1 month, but it can go up to 100 Euro after 30 days, 250 Euro after 60 days, and 500 Euro after 180 days. You need to agree to pay this fee when they tell you about it, and they’ll take the money out of your Maunto account.
Customer Support
Making customers happy is vey important to Maunto. They have a customer service team that works all day, every day – 24/7! So, if you ever have questions, need help, or just want some advice, you can reach out to them. There are different ways to get in touch, like calling them at +44 203 150 2 347, sending an email to [email protected], or using their live chat. Maunto knows that talking quickly and being helpful is crucial, and they promise to give you the support you need whenever you need it. They really care about making sure your trading experience is the best it can be, and their customer support team is there to help you every step of the way.
