Is Mangrove safe to connect to an AI agent?
Can trade unattended. Safety 68%
What an AI agent can do
- Live vs paper: paper schedules run on MangroveAI with no funds at risk; live execution on Robinhood, 1inch DEX swaps and Kraken OAuth source
- Order approval: open-source (MIT) local MCP server and Claude Code plugin for the hosted MangroveAI service (strategies, backtests, signals; risk gates and sizing run on MangroveAI); DEX swaps are signed locally by an encrypted wallet on your machine, signing is limited to 1inch router calls and the approvals before them, and live swaps need a backup-confirmed wallet; Robinhood orders use broker OAuth with a per-order cap and limit prices within 0.25% of Mangrove's evaluation price, and Robinhood's own approval setting is left as you set it; Kraken bring-your-own-key (withdrawal disabled) is dry-run validation only, while keyless Kraken OAuth means Mangrove holds the authorized grant and places real orders source
- Markets: crypto spot and whole-share US equities on Robinhood (long-only, limit orders), DEX swaps through 1inch on 10 EVM chains, Kraken (orders through Mangrove's keyless OAuth connection)
- Pricing: free MangroveAI API key, or pay per call in USDC with x402 (default local spend cap $25, $1 per payment); Markets read tools $0.01 each; other prices are not published
Safeguards that exist
- Order approval or confirmation options: No per-order approval from Mangrove; only limits: a per-order cap and limit prices within 0.25% of Mangrove's evaluation price on Robinhood, and deterministic risk gates run on MangroveAI (official docs) source
- Paper, demo or testnet mode: Paper, demo or testnet mode available source
- Withdrawal permission needed or allowed: Local swap signing is limited to 1inch router calls and the approvals before them (any other transaction is refused before the key is decrypted); a Kraken bring-your-own key is created with withdrawal disabled (official docs) source
- Scoped keys, permission scopes or IP whitelisting: Kraken keys are least-privilege (query and order, withdrawal disabled); Robinhood uses broker OAuth; local access uses a separate per-install credential (official docs) source
- Open source or audited: Open source source
Safeguards that are missing
- Can it place live orders unattended?: Live swaps and strategy activation take confirm=true from the agent, not a human; Robinhood orders run without approval unless your Robinhood approval setting requires it source
Safety score
| Input | From our listing | Points |
|---|---|---|
| Can it place live orders unattended? | Live swaps and strategy activation take confirm=true from the agent, not a human; Robinhood orders run without approval unless your Robinhood approval setting requires it source | 0 / 25 |
| Order approval or confirmation options | No per-order approval from Mangrove; only limits: a per-order cap and limit prices within 0.25% of Mangrove's evaluation price on Robinhood, and deterministic risk gates run on MangroveAI (official docs) source | 8 / 15 |
| Paper, demo or testnet mode | Paper, demo or testnet mode available | 15 / 15 |
| Withdrawal permission needed or allowed | Local swap signing is limited to 1inch router calls and the approvals before them (any other transaction is refused before the key is decrypted); a Kraken bring-your-own key is created with withdrawal disabled (official docs) source | 15 / 15 |
| Scoped keys, permission scopes or IP whitelisting | Kraken keys are least-privilege (query and order, withdrawal disabled); Robinhood uses broker OAuth; local access uses a separate per-install credential (official docs) source | 10 / 10 |
| Open source or audited | Open source | 10 / 10 |
| Sourced and verified facts | Facts from the vendor's official docs | 10 / 10 |
| Total | 68% of the points we could check | 68 / 100 |
Sources
- https://github.com/MangroveTechnologies/mangrove-agent
- https://github.com/MangroveTechnologies/mangrove-agent/blob/main/docs/robinhood-execution.md
Full listing: Mangrove ยท How the score works: Safety score method