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Mansa-X Forex Broker provides real users with 1 positive reviews, * neutral reviews and * exposure review!

Mansa-X Broker Review

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Mansa-X Review 1

Latest All(1) Positive(1)
Positive

Personally, I haven't opened my account yet but I will definitely open in the near future since I’m very much satisfied with the service I have received so far.

FX1257028142
2023-02-27

  

Mansa-X 2025 Review: Everything You Need to Know

  Mansa-X has emerged as a notable player in the investment landscape, particularly for those seeking exposure to both local and international markets. This review synthesizes various perspectives on Mansa-X, highlighting its strengths, weaknesses, and overall reputation in the investment community.

  Note: It's important to consider that Mansa-X operates under different regulatory frameworks across regions, which may affect its legitimacy and operational practices. The insights provided here are based on a range of sources to ensure fairness and accuracy.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 7
Tools and Resources 8
Customer Service and Support 7
Trading Setup/Experience 8
Trustworthiness 6
User Experience 7

  We rate brokers based on a combination of user feedback, expert opinions, and factual data.

  

Broker Overview

  Founded in 2019, Mansa-X is a multi-asset strategy fund managed by Standard Investment Bank (SIB). The fund operates primarily in Kenya and offers investment opportunities in both Kenyan Shillings (KES) and US Dollars (USD). Mansa-X utilizes a long/short trading model across various asset classes, including equities, fixed income, and commodities. Notably, it is regulated by the Capital Markets Authority (CMA) in Kenya, which lends it a degree of credibility.

  

Detailed Section

  • Regulated Geographies: Mansa-X operates in Kenya and is regulated by the Capital Markets Authority (CMA).
  • Deposit/Withdrawal Currency: The fund accepts deposits in KES and USD.
  • Minimum Deposit: The minimum investment required is KES 250,000 (approximately $2,500), which is higher than many traditional investment funds.
  • Bonuses/Promotions: There are no specific bonuses or promotions noted in the sources.
  • Tradeable Asset Classes: Mansa-X invests in a diverse range of assets including stocks, fixed income securities, currencies, and commodities.
  • Costs: The fund charges a 5% annual management fee and a 10% performance fee on returns exceeding the hurdle rate.
  • Leverage: Specific leverage details were not provided in the sources.
  • Allowed Trading Platforms: The fund does not specifically mention trading platforms like MT4 or MT5, focusing instead on its multi-asset strategy.
  • Restricted Regions: There were no specific mentions of restricted regions for Mansa-X.
  • Available Customer Service Languages: Customer support is available in English, given its operational base in Kenya.

  

Rating Breakdown

  •   Account Conditions (7/10): The minimum investment requirement of KES 250,000 is a barrier for many potential investors. However, the absence of initial or redemption fees is a positive aspect. The six-month lock-in period may also deter some investors, as it limits liquidity.

  •   Tools and Resources (8/10): Mansa-X offers a robust suite of investment options, leveraging both local and global markets. The fund's diversified portfolio includes over 200 assets, which helps mitigate risk and enhance potential returns.

  •   Customer Service and Support (7/10): Mansa-X has been noted for its comprehensive customer support, available through multiple channels including phone, WhatsApp, and email. However, some users have reported delays in receiving confirmations for transactions, which could be improved.

  •   Trading Setup/Experience (8/10): The fund employs a sophisticated long/short trading model, which allows for profit generation in both rising and falling markets. This strategy, combined with active management, positions Mansa-X well for capital growth.

  •   Trustworthiness (6/10): While Mansa-X is regulated by the CMA, concerns about its relatively high minimum investment and the lack of guarantees regarding returns have led to some skepticism among potential investors. Comparatively, other regulated brokers may offer lower entry points and more transparent fee structures.

  •   User Experience (7/10): User reviews indicate a generally positive experience with Mansa-X, particularly regarding its performance and investment strategy. However, the high minimum investment and occasional delays in customer service may detract from the overall experience.

      

  

Conclusion

  In conclusion, Mansa-X presents a compelling investment opportunity for those with the capital to meet its minimum investment requirements. Its diversified asset allocation and robust management strategies have led to impressive returns since its inception. However, potential investors should weigh the high entry barriers and the inherent risks associated with any investment. As always, conducting thorough research and considering personal financial circumstances is essential before investing.