Reported as a scam / unregulated
Why Maono Global Markets is on the register
Maono Global Markets claims that its operating entity, Maono Global Markets (Pty) Ltd, acts as an authorised representative of Sithundhi Group (Pty) Ltd, a firm allegedly licensed and regulated by South Africa’s Financial Sector Conduct Authority (FSCA) under license number FSP 52030. First, a search of the FSCA’s public register returns no record of Maono Global Markets (Pty) Ltd. Second, while Sithundhi Group (Pty) Ltd does appear as a licensed FSP, the FSCA register does not list any authorised representatives linked to this firm, meaning there is no verifiable evidence that Maono Global Markets is legally permitted to operate on its behalf. Given the lack of verifiable authorization, Maono Global Markets may be operating illegally under the guise of FSCA affiliation. Therefore, Maono Global Markets is marked as a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.