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.

Masari Capital offers an Introducing Broker program. In addition, users can participate in the Brand Promotion affiliate program. 

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.

FAQ

What are the key facts about Masari Capital?

The company is registered in the Grenadines, where brokers are not even formally licensed. According to the site's information, the main office of this broker is located in the Philippines. However, the organization operates in this jurisdiction without permission from local authorities to conduct brokerage activities.

What's the risk to my wallet when working with this broker?

Your chances of losing money trading with an unregulated organization registered offshore are close to 100%. Besides, you can mentally say goodbye to your money when trading CFDs with a leverage of 1:500, as serious financial commissions limit it to 1:30.

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