MasariCapital Review: Today, we take a look at Masari Capital Forex broker. This review takes an in-depth look at the features the broker (masaricapital.com) allegedly offers. Not only that, this review also covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about MasariCapital.
Table of Contents
Masari Capital Trading Platform
This broker claims it offers the MT4 trading platform, all the while offering leverages capped at 1:500.
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High leverages are a double edged sword in the sense that a trader can make a huge profit if the trade falls in the right place but that also means that the trader can also loose a huge sum if the reverse is the case. Regulatory bodies have put a cap on leverages for brokers. But unregulated brokers lacks this Capped leverage. We do advice restraint if you ever come upon a broker with leverage exceeding 1:30, especially if you are new to the market
Masari Capital Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea how a broker might work.
After checking, we discovered that this broker has 4 account types.
Masari Capital Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
We could not find any discernible method that this broker uses to carry out transactions asides from the BTC buying scheme.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume to be eligible for withdrawal. They do this to stop traders from making a withdrawal.
Is Masari Capital Licensed?
Licensing is another important part because we can trust a regulated broker to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it regulates said brokerage.
This broker claims to be in Saint Vincent and the Grenadines. Saint Vincent and the Grenadines is a place that attracts shady brokers because of their lack of proper licensing laws and a regulatory body. The government of the SVG has stated in the past it does not regulate any form of forex trading.
No, this broker is not a licensed brokerage.
While SVG has no regulatory body, recently the government of Saint Vincent and the Grenadines has claimed that it is planning a complete reformation of the nation’s FX and CFD regulatory grounds. We don’t know when they will do this, but we are expecting SVG to pick up the slack and begin enforcing a set of rules to its broker’s firms, which for now are mostly SCAMMERS.
To get a better understanding of how brokers(both licensed and unlicensed) work, read our review on GrandeFX Trading,Cache Coin, AximTrade, MskFinance.
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
TOP CHOICE BY TRADERS
Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:300
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Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
We usually don’t recommend any Saint Vincent and the Grenadines’ broker to our readers, and this broker isn’t any different.
This broker is not licensed, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.
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I started with 3000 then 60000 with AMAZON MALL TASK PLATFORM. i wanted to withdraw my proit they demanding 90000 commission to release 13000 USDT That already showing that withdrawal completed but not received in my account. That is my life saving money so i had to seek answers from Rykabalan(https://t.me/Rykabalan) to help me get my money back . They also guide me to invest with a good company with good profit.
I participated in investment scams . They requested commission before they would release the capital amount that I intended to withdraw. The withdrawal has already been finished, but my account hasn’t yet been credited with it. I had read so many stories about BanninkSolutions and how they recovered lost money and they were useful in getting my money back…
5 Step Recovery for Victims of Investment Fraud Scams
Step 1: Report the investment fraud Reporting the investment fraud scam is the first step to recovery and should be reported to Action Fraud and the Financial Conduct Authority. …
Step 2: Contact Your Bank …
Step 3: File All Fraud Documentation …
Step 4: Speak to an Investment Fraud/recovery Lawyer( search BanninkSolutions on google to get your money back ) …
Step 5: Decide How to Proceed to get your money back with BanninkSolutions .
I participated in investment scams . They requested commission before they would release the capital amount that I intended to withdraw. The withdrawal has already been finished, but my account hasn’t yet been credited with it. I had read so many stories about BanninkSolutions and how they recovered lost money and they were useful in getting my money back…
5 Step Recovery for Victims of Investment Fraud Scams
Step 1: Report the investment fraud Reporting the investment fraud scam is the first step to recovery and should be reported to Action Fraud and the Financial Conduct Authority. …
Step 2: Contact Your Bank …
Step 3: File All Fraud Documentation …
Step 4: Speak to an Investment Fraud/recovery Lawyer( search BanninkSolutions on google to get your money back ) …
Step 5: Decide How to Proceed to get your money back with BanninkSolutions .
https://t.me/banninksolutions for more information .