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Broker profile

MA

Mansa-X Review: Is It Legit and Regulated?

Standard Investment Bank Limited

KE Since 1995
AKA Mansa X

FindMyFX score

medium risk

6.0/10

0 Score out of 10 10
Independent assessment Updated 2026-08-04

Contact & regulation

Official website
sib.co.ke
Address
16th Floor, JKUAT Building, Kenyatta Avenue, Nairobi, Kenya
Contact
16th Floor, JKUAT Building, Kenyatta Avenue, Nairobi, Kenya
Primary license
CMA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Mansa-X legit and regulated?

FindMyFX has license records for Mansa-X, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Mansa-X is Standard Investment Bank's managed multi-asset strategy offering, with exposure that includes currencies, metals, commodities, indices and stocks.

Professional broker overview

FindMyFX editorial summary

Mansa-X is the managed global-markets offering of Kenya-based Standard Investment Bank, which the CMA register lists under licence 116 as an online foreign exchange money manager. The Mansa-X Special Fund is offered in KES and USD and publishes minimum investments, a six-month lock-in period, a 5% annual financial-services charge and conditional performance charges. This is a discretionary managed-fund service rather than a self-directed retail forex account, and retail spread data is not published on the reviewed pages.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: FindMyFX should classify this record carefully because Mansa-X is presented as a managed special fund and online forex money manager, not a conventional self-directed forex broker.

Operational status
active
Broker type
unknown
Execution model
Discretionary money management through the Mansa-X multi-asset fund.
Support hours
Not verified

Support languages: English

Documented advantages

  • The CMA Kenya register lists Standard Investment Bank trading as Mansa-X under licence 116.
  • Official materials disclose KES and USD minimum investments and the principal fund charges.

Documented limitations

  • Mansa-X is a managed fund rather than a self-directed forex trading account.
  • Retail spreads, commissions per trade and platform execution details are not published on the reviewed pages.
88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Standard Investment Bank Limited

Primary
KE Registration not shown

Trading access

Account types

Available account structures and their current verification state.

2 accounts

Mansa-X KES Fund

unverified
Deposit
KES 250000.00
Leverage
1:10

5% annual financial-services charge; 10% performance charge on surplus above a 25% hurdle rate

Spread
Not shown
Base currencies
KES
Margin call / stop-out
—% / —%
Demo / Islamic
Unknown / Unknown
Balance protection
Unknown
Last verified
Not verified

Mansa-X USD Fund

unverified
Deposit
USD 2500.00
Leverage
1:10

5% annual financial-services charge; 10% performance charge on surplus above a 15% hurdle rate

Spread
Not shown
Base currencies
USD
Margin call / stop-out
—% / —%
Demo / Islamic
Unknown / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

cash and fixed income

unverified

Commodities

unverified

Currencies

unverified

Precious Metals

unverified

single stocks

unverified

Stock indices

unverified

Licenses and regulators

CMA

116

unverified

Last verified: Not shown

Type: Online Foreign Exchange Money Manager
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Non-trading fee schedule

Financial Services Charge

unverified

Amount not shown · 5.0000%

Annual charge prorated daily over 365 days.

Performance Fee

unverified

Amount not shown · 10.0000%

Charged only on surplus above the stated KES fund hurdle rate.

Performance Fee

unverified

Amount not shown · 10.0000%

Charged only on surplus above the stated USD fund hurdle rate.

Jurisdiction-specific offerings

KE · other

unverified

Entity not linked · Leverage 1:10

Compensation scheme not shown

KE · other

unverified

Entity not linked · Leverage 1:10

Compensation scheme not shown

Score components

Regulation and licenses

7.5/10 · 35%

A current official CMA register entry identifies the legal entity, trading name and licence number.

Security and track record

5.0/10 · 20%

The legal entity has a long operating history, but no regulator enforcement-history review was completed.

Trading conditions

7.5/10 · 15%

Minimum investments, principal charges, lock-in and maximum fund leverage are published officially.

Company transparency

7.5/10 · 10%

Official pages disclose the entity history, offices, contacts, product structure and charges.

Service quality

5.0/10 · 10%

Official contact channels and product documentation are available, but no independently verified service-quality dataset was reviewed.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset was reviewed from an inspectable independent source.

Profile update history

Broker profile was published.

2026-08-04

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.