The site is owned by a company registered in St. Vincent and the Grenadines (SVG). In addition, the firm claims that its principal place of business is in the Philippines. However, we noticed a lack of information about the licensing of this company by both the Philippine SEC and regulators in other countries.
Should you trade with this intermediary? Is it reliable? Before you partner with Masari Capital, please read our review of this broker. You will learn the whole truth about the project here.
How to Trade
The intermediary claims to offer clients an “award-winning service” with trading on Forex, cryptocurrencies, stocks, and commodities with STP execution. You’ll find over 3,000 markets and the following offers:
- 4 traditional tariffs, Islamic, and demo accounts.
- Minimum deposit from $10, leverage up to 1:500.
- Spreads from 0.4/1.2 pips, commissions $10 per lot.
Payments are made via Visa/Mastercard, bank transfers, and Bitcoin. The company does not specify the withdrawal procedure.
You can participate in the Account Turnover contest with a deposit of $500 or more. The website does not disclose its terms and prizes.
Masari Capital Vital Info
The company does not disclose the names of the founders and hides its history. This is surprising since the domain was registered 5 years ago, in 2019. Meanwhile, the website was updated at the end of December 2023.In addition, the first reviews appeared online at this time. It is likely that the project has been working with clients for less than a year. It is possible that the firm does not document its claimed “service awards” because they do not exist.
What’s up with this platform’s license? Masari Capital LLC under number 388 LLC 2020 is registered in Saint Vincent and the Grenadines. As you know, the Financial Services Authority, located in this offshore zone, does not regulate the activities of forex brokers. Moreover, registration here is inexpensive and does not require the physical presence of the founders on this island. Finally, this broker’s Philippines office also operates without regulation by the SEC.
I have doubts about the safety of Masari capital. On the one hand, I like the broker: the platforms here are clear and convenient, visually pleasant, which is important. The minimum deposit is very low, the number of payment systems pleases me. So I consider masaricapital.com as my potential partner, but for now I trade on a demo account. However, this company has significant (for me) minuses - it's very inconvenient ways of communication with the support service! I compared Masari capital with other brokers, and almost all of them have online chats, I can call them. And here what? Chat with a bot!!! Unfortunately I can't visit the office in the Philippines. Availability of prompt tech support is an important criterion for me in choosing a project, but I don't want to jump to conclusions. It is possible that I won't need support and I will be able to answer all my questions through the broker's community on social networks.
I started trading successfully, as I was able to make money in the first 3 days. I chose the first tariff Standard and I decided to start working with it. According to the terms and conditions of Masari Capital, I got a leverage of 1:500. Spreads are low, from 0.8 pips, but there are small commissions per lot $6, but they do not affect my earnings. By the way, there is also a so-called Islamic account, if any of you would be interested in trading in accordance with Sharia. I tried trading on a demo account to understand how everything works here before I made a deposit of $600 so that I could participate in the “Turn Over Account” contest. The platform is great at masaricapital.com, MetaTrader4, it was one of the best trading platforms and still is. When I worked on a demo account, the program did not freeze, orders were executed quickly, spreads sometimes exceeded 1.0 points, but it happened rarely. I decided to test the leverage on the demo account and I lost that “money”, but anyway, this is only testing, and in general, leverage is quite a dangerous thing, which I do not advise you to resort to very often. However, I've already made a deposit and I'm still working with real money.I have no complaints about Masari Capital, but I won't put 5 points yet, as I haven't made a withdrawal yet.
People don't believe these charlatans!!!! Scammers from MASARI CAPITAL do not transfer 58 LTC to my cryptocurrency wallet for two months!!! This is a total scam and there is no withdrawal of money here!!!
I made about $4,730 in six months with an initial deposit of $5,340. I decided to increase my balance and deposited another $3,250, having agreed in advance that I would withdraw the entire amount in a month, since I would be returning from a long voyage and wanted to return home with money. Finally, last night my platform stopped responding to login, as soon as I try to log in to my account, it says: Login and password are incorrect. None of Masari Capital's managers are responding. I only now realize that I got into a scam and was left without money! They stole everything from me!!! They are scammers!!!! Please do not believe their words!!! They can be very skillful in convincing newbies of their reliability.
The broker wrote off all my money from my account overnight, 368 USDT!!! This is a scam, do not believe the crooks, they will leave you without money!
I did not find any mention on the website that this broker has a license and that the relevant organization regulates it. Besides, Masari capital doesn't have any copies of such documents on its website.. I believe that there are no such documents about business regulation, nor is it a reliable company, and all the work is done by a bunch of offshore crooks who cheat newcomers and steal their money.
I did not deposit even $10, as I realized at once that this company is engaged in currency manipulation and misleading its users. For example, only some strange office address is among its contact information. The intermediary does not specify a phone number. No thanks, I'm not going to do charity work.
Let's assume you already have some trading experience. In that case, you realize that you should carefully read the user agreement when opening an account with any forex broker, which it offers to sign. You can understand only from this document, which disputable situations and approximately how will be solved on this trading platform. Here the broker claims, openly in its own user agreement, that MASARI CAPITAL does not bear any responsibility for everything that happens on the platform! Such rules open countless opportunities for fraud with clients' brokerage accounts, even to the point of emptying them completely. Considering that this service does not correspond to its declared status, no one prevents it from regularly deceiving its naive clients. I have received offers to cooperate with this firm from its representatives on social media, and I can see that they are trying their best to convince me to invest in its obviously unprofitable trading services. I also analyzed traders' reviews about MASARI CAPITAL service and I found a rather obvious list of not the most positive characteristics, which relate to illiterate and extremely incompetent customer service. I recommend you to give up the opportunity to invest your funds in this project and forget about all its services.
I want to share my story of working with the so-called broker Masar Capital, unless of course, I'm mistaken in the name. I believed in the reliability of this firm, which is that the managers never once manipulated my trades. However, I can say that the impressions I have left about this project are terrible, and the most frustrating thing is that it is not only bad impressions, but the fact that I have wasted a lot of time and money here. I do not have a huge grudge against this company, as I was gaining experience, because the platform here is MT4 and it is still good, but there is only one drawback - withdrawal of funds does not work, but this is a small thing 😂 I lost a little over $560 here, which I deposited into this firm's account because I saw their licenses from regulators in different countries. The managers sent me copies of the documents upon my request. Of course I didn't realize to check, I didn't have enough intelligence to check and as a naive fool I deposited money. I traded here for 3 months, but I could not withdraw the money, which at that time was already 2 times more due to profit. Yes, I made money, I do not argue, but how can I withdraw it now?! I may be doing something wrong???? I wouldn't worry if the company's employees answered me in technical support, but no, there is no response to the feedback form, they completely ignore my questions. I will note that there are pros here, for example, a lot of trading options. However, withdrawals here can be delayed or canceled, and this is the main problem you may encounter on this platform.
This is just another fraudulent scam project created under the guise of a brokerage company offering supposedly profitable and safe trading with guaranteed earnings. However, in fact masaricapital.com is a cheap fake one-page website, which is created by anonymous criminals in order to steal money from gullible users. Scammers offer 100% fake services and there is not even any real trading here. I was convinced of this on my own experience by donating 35 euros to them. The money I supposedly transferred to Masari Capital's balance actually went straight into the scammers' pockets. They never give refunds because they make money off of fools not for the sake of giving something back to their victims. It's their livelihood, fraudulent and illegal, but a livelihood. Judging by the domain, they started operating in 2019, so it's quite possible that already a lot of masaricapital.com users have suffered at the hands of scammers. I advise you not to trade here, but to cooperate only with trusted firms. And if you work here, let this scam be an example of deception for you, as well as a lesson that you should check your partners and companies you plan to work with in advance, and not after you lose your capital.