Brokers  /  Mandy

Mandy

Severe riskForex / CFD broker
🇺🇸 United States · 5-10 years · since 2018-04-25 · Mandy Group
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.61/10
Trustpilot/5
Forex Peace Army/5
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No sign that Mandy actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~100% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints3612%
Offshore registration108%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMandy Group
Headquarters🇺🇸 United States
Founded2018-04-25
Years operating5-10 years
Employees0
Official websitemandymarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Mandy is a US-based, unregistered broker with an inaccessible website, making independent verification impossible. The lack of any regulatory licence, particularly from the NFA, signals severe risk. With no reliable information on its operations, we advise extreme caution, effectively placing Mandy in the high-risk category.

Best for
  • Traders seeking an unregulated, high-risk environment
  • Those willing to trade with no verifiable track record
Not for
  • Risk-averse traders
  • Traders requiring regulatory protection and client fund segregation
Period:
What users complain about
Where reviewers are from
Hong Kong2

Real user reviews

Where Mandy operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 2 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Mandy

About Mandy

Mandy is an online trading platform registered in the United States and established on April 25, 2018. The broker presents itself as a provider of trading services, but as of the time of this review, its official website (my.mandyfx.com) is inaccessible. This lack of access hampers the ability to verify the broker's operational claims or gather detailed information about its offerings.

Given the website is offline, there is no public information available regarding Mandy's trading platforms, account types, or financial instruments. The broker's registration in the United States does not confer regulatory oversight unless it holds a licence from bodies such as the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC). No such licences have been identified.

Regulatory Status

Mandy is not regulated by any known financial authority. The absence of a licence from the NFA or CFTC is particularly concerning for a US-based broker, as these are the primary regulators for forex and CFDs in the United States. Without regulatory oversight, there are no safeguards for client funds, and the broker is not required to adhere to standard industry practices such as negative balance protection or client money segregation.

Our cross-checking of public regulatory registers found no record of Mandy under any active licence. This regulatory vacuum significantly elevates the risk for any trader considering engagement with the broker.

Trading Instruments and Platforms

Due to the website being offline, we cannot confirm which trading instruments Mandy offers. Typically, an online trading platform might provide forex, CFDs on indices, commodities, and cryptocurrencies, but this remains speculative in Mandy's case. Similarly, no information is available about the trading platforms used (e.g., MetaTrader 4/5, proprietary software).

Potential clients should exercise extreme caution, as the lack of verifiable information makes it impossible to assess the broker's service quality or reliability.

Account Types and Funding

No account types or funding methods have been published for Mandy. Common account options among forex brokers include demo accounts, standard accounts, and premium accounts with varying spreads and leverage. However, without access to the website, these details cannot be confirmed.

The inability to review deposit and withdrawal terms is a major red flag, as traders could face unexpected fees or delays in accessing their funds.

Target Audience

Based solely on its online trading platform description, Mandy appears to target retail traders seeking access to financial markets. However, the lack of regulatory clarity and operational transparency suggests that the broker may not be a suitable choice for any trader, especially those concerned with safety and compliance.

Without clear information about minimum deposits or leverage options, it is difficult to determine the intended client profile.

Company Background

Mandy was formed on April 25, 2018, in the United States. The company's operational status is ambiguous, as its website is currently offline and there are no recent updates from the broker. The U.S. is home to many legitimate forex brokers, but the absence of an NFA licence sets Mandy apart from compliant competitors.

This background, combined with the inaccessible website, paints a picture of a broker that may no longer be active or that intentionally avoids scrutiny. Traders should be wary of engaging with entities that do not maintain a functional online presence or submit to regulation.

Overview compiled by FXCanary from regulatory records and public data. full Mandy review