In this Manra Capital Review, we will look at the questionable practices of Manra Capital, a brokerage firm that has recently come under investigation for potential fraudulent activity. With regulatory warnings and an increasing number of investor complaints, it is critical to recognize the risks associated with this broker.
Website: https://www.manracapital.com/
Website Availability: YES
Official Address:
- Montreal, QC, Canada
- Toronto, ON, Canada
- Abu Dhabi, UAE
Blacklisted By: Dubai Financial Services Authority (Dubai) and Financial Services Regulatory Authority (Abu Dhabi)
Domain Status:
Domain Name: manracapital.com
Registry Domain ID: 2711472818_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: https://www.godaddy.com
Updated Date: 2024-07-17T14:00:15Z
Creation Date: 2022-07-16T10:34:43Z
Registrar Registration Expiration Date: 2025-07-16T10:34:43Z
What is Manra Capital?
Manra Capital is a brokerage firm that provides various financial services, including commodities, forex, cryptocurrencies, and indices. On the surface, their website appears professional and well-structured, to attract both novice and expert traders. They claim to offer cutting-edge technology, tight spreads, and excellent customer service. However, a closer study uncovers several red flags that potential investors should be aware of before engaging with this broker.
Manra Capital Broker is Warned by DFSA and FSRA
One of the most concerning features of the Manra Capital Review is that the brokerage has been specifically cautioned by two key regulatory bodies: the Dubai Financial Services Authority (DFSA) and the Financial Services Regulatory Authority (FSRA). These warnings are noteworthy because they show that Manra Capital is not following the appropriate regulatory standards.
The DFSA and FSRA have also issued public warnings, recommending investors avoid Manra Capital. These alerts frequently raise worries about false information, unlawful services, and the possibility of severe financial losses. When a broker is flagged by such respectable regulatory agencies, it is evident that investors should proceed with extreme caution.
Manra Capital Broker Fraudulent Activities
Beyond the regulatory warnings, there have been multiple reports of fraudulent operations involving Manra Capital, a part of Manra Capital. These actions include fraudulent marketing methods, trading account manipulation, and difficulty with fund withdrawals. Many traders have complained that after investing their money, the broker used unethical techniques to block them from accessing their funds.
In other cases, traders have been exposed to high-pressure methods to deposit additional money, only to discover that their accounts had been manipulated, resulting in substantial losses. Others have complained that their withdrawal requests were disregarded or unfairly delayed, with the broker offering no reasonable justification. These are classic symptoms of a dishonest broker, and they should act as a red flag to any prospective investors.
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Note: The information provided in the above Manra Capital review is derived from existing web Manra Capital reviews. Please be aware that we cannot be held liable for any legal action taken by Manra Capital company. If you have any inquiries or concerns, kindly reach out to us via email at [email protected].