ManGo Trade: reviews on investing in the project, analysis of conditions. Does it pay or not?

Evaluation of the ManGo Trade Investment Project

Investments always involve risk, which is important to remember when choosing a project for investment. In the world of finance, there are many real funds offering stable passive income, but among them are potential scams. Therefore, it is extremely important to conduct a thorough analysis of legal documentation, terms, and reviews from real clients to distinguish a reliable company from a scam. In this review, we will look at the company ManGo Trade, which has received mixed reviews from users, and try to understand the validity of their doubts.

Insight into ManGo Trade’s Operations

The ManGo Trade website looks like a typical landing page, offering a limited amount of information for potential investors. It gives the impression that the creators deliberately concealed details to attract clients to their platform for more information. Interestingly, the previous website mango.trade had a completely different structure and more specifics.

Research through the specialized service whois revealed that the site was launched in February 2020, although the company claims to have long-term experience and successful projects. Recently, ManGo Trade shifted its focus to alternative investments, previously positioning itself as electronic commerce. Complaints about dishonest activities led to a website redesign and the hiding of specifics to mitigate negative client opinions.

Currently, the contact information on the platform is limited to an email, and support responds only when the client shows active financial interest.

Critical Analysis of the Legal Component

The website does not provide legal information about the company, although the User Agreement mentions Mango Money Holding Inc, registered at: 16192 Coastal Highway, Lewes, Delaware 19958. Official registry data indicates that an office of Delaware Inc, providing business registration services, is located at the mentioned address. The company does not disclose having a license for investment activities.

ManGo Trade’s absence from the Central Bank of the Russian Federation’s registers and negative reviews about the organization confirm the thesis of its financial insolvency and lack of guarantees for depositors.

ManGo Trade’s Offers and Their Provocation

Following the changes on the ManGo Trade website, information on rates and investment conditions has been lost. The company now individually approaches each depositor to determine potential profits. Information is available online about investment programs offered by scammers:

  • minimum deposit — from 500 dollars,
  • yield — from 7% monthly (depending on the chosen program),
  • possibility of premature contract termination.

In addition, fraudsters offer a share in Mango King and promise to make clients co-founders (initial contribution starting from 50 thousand dollars).

The projects touted by the company include: