FunManagers Review

FunManagers (Fmswa.com) is another cruel CFDs and Forex scam platform ripping off online investors. Fun Managers is professing to offer four different asset classes for investors to choose from. Investors can trade with Energies, Forex, Indices, and Metals. What we discovered with this platform is shocking beyond words. It seems this platform is another cloned website targeting unsuspecting investors. Read this genuine and honest FUNMANAGERS Review and know the truth.

FunManagers Review

After receiving numerous email complaints from members of this platform, we decided to investigate. FunManagers is clearly stealing from anyone who signs up as evidence from members clearly show. Trouble started brewing when members noticed they could not gain access to their funds. Some members have gone for months without having seen a dime of their profits. What this means is we are dealing with another well-designed online trading scam platform.

Scam artists have made it their practice to fool investors using cloned websites. Other tricks these scam artists use include over the moon claims and promises. It is best you read this detailed FunManagers review and find out the tricks used. Most members sign up with the hopes of making huge profit margins. After signing up, they deposit expecting to make money with the help of brokers. It is clear no one has made any withdrawals and as such, we must protect other investors.

About FunManagers

Disclaimer at the footer of their homepage suggests this platform is based in the United States. We looked at their entire website and could not come up with proof the platform is actually based here. Scam artists will often use fake location claims to lure investors from that region. It is what these scam artists have done with the US location claim. What seems to be a genuine platform is turning out to be a dangerous and illicit platform. Want to know the tricks used by Fun Managers?

No one knows the founding members of this platform which is a huge problem. Another shocking revelation is there is no broker whose name is listed on their website. It is weird to think users are depositing funds to an unknown third party. Why have they failed to give any actual name of experts running this platform? It is because they are not actual experts but merely offshore scam artists.

Is FunManagers licensed or registered?

Don’t be fooled by the disclaimer which states the platform is licensed by NFA. We conducted a thorough research and found this not to be the case. Scam artists will do or say anything to make sure their platform appears to be legit. Online scam artists will go to the lengths of using fake credentials to try and fool investors. Thanks to our years of trading experience, we know how to spot these scams.

Why have they failed to show users copies of their license? A real platform will have copies ready for users to verify on their free time. Details can confirm the license number to be another company with a similar name. Fund Managers Central Limited is the actual company licensed by the NFA to be a commodity pool operator. It is best to stay away from such scam artists or have your funds lost once you sign up.

Advantages of FunManagers

We could not come up with any advantage of dealing with such a rogue platform. FunManagers is a complete scam with offshore roots. With fake license details, we highly associate this platform with offshore brokers. It is best to stay away from any online platform which uses fake registration details. Fun Managers will just make you lose funds and run off with your funds. Anonymity ensures recovering of funds is next to impossible. It is best to simply stay away and invest elsewhere.

Disadvantages of FunManagers

Accounts types

FunManagers is furnishing users with two different account types to choose from. Accounts are listed as Standard and classic accounts. Standard account holders are required to deposit $1,000 to start trading. What this means is these scam artists are going above and beyond the required minimum deposit. Investors should know by now the acceptable minimum required deposit is $250. Any price above that is questionable.

Demo Account

Another disturbing revelation with this platform is the fact that they offer a rigged demo account. A demo account is used to give investors a chance to know more about the platform. Scam artists take advantage of demo accounts to fool investors into believing demo results. With a guaranteed 98% successful demo result, investors are led to believe the same occurs with a real account.

Deposit and withdrawal

We searched everywhere to see how users can deposit funds on their website and couldn’t find any. Why have they failed to disclose this information to users on their homepage? It is outright suspicious and we believe this account number is a personal account. Investors are filling the pockets of these scam artists without knowing. It is why we must expose this rotten scam platform.

Trading platform

FunManagers is claiming to use MT4 trading platform as their preferred tool of trade. Even though this is true, stability of their website is in question. Why have they failed to use the proper security features on their website?  Notice they claim to be secure and yet, their website lacks even the basic security feature? It is proof we are dealing with a rotten scam platform with no mercy.

Are funds safe with FunManagers?

How can funds be safe with a FunManagers which is openly refusing to grant withdrawals? No users has come out with solid proof of ever withdrawing after trading with this platform. FunManagers is also pooling funds in one account which is highly risky. Such actions lead to nothing else but bankruptcy and insolvency. If the two scenarios occur, don’t expect to be compensated. Fun Managers does not participate in a compensatory scheme.

Is FunManagers a scam?

Evidence clearly shows we are dealing with a rotten scam platform. It is best to avoid this platform and mark all their emails as spam. Calls from their agents should be ignored as they are simply asking for more funds.

Bottom line

We will be adding this platform to our scam blacklist which will protect our readers.