Masari Capital operates since 2019. Firstly, the company was operating under Masari Capital LTD with registration in St. Vincent and Grenadines. Currently, the company has registration in the Marshall Islands and Cyprus.
At present, the company operates under the flagship of Mcap Consulting LLC. Why did this broker change its name and what makes them dangerous, find in this detailed Masari Capital Review.
Masari Capital scam is easily exposed. In the first place, the company is missing the key thing for the trading world. That is regulations. No matter what they offer, they can’t back it up. Simply, they are not obligated to comply with anything they say.
Proof of that, you can find by searching the Marshall Islands and Cyprus regulatory registers. But also, if you check any other credible Tier 1 register like FCA, BaFin or ASIC.
They will present you with trusted Masari Capital MT4 software, a stable environment and great support. However, it’s all nice and shiny as long as you are depositing. But the truth is revealed once you request a withdrawal. Leave us a comment below about your experience with this broker. Don’t hesitate to book free consultation if you need refund assistance.
Even though they have some restrictions, it seems they are avoiding it. For the last couple of years, since 2019, they managed to spread worldwide. But mainly, their victims come from:
Let us know about your experience with this broker and if you had any withdrawal problems.
As mentioned earlier, Masari Capital offers highly trusted third-party Meta Trader 4. This adds up to potential credibility. On top of that, there is a Masari Capital demo account to test the features.
Like any other MT4 user, the broker can offer a dedicated mobile app. Important to realize is that traders get all the same functionalities as with the desktop app. Thus, they are ready to trade anywhere, anytime. But don’t let this trick you.
On the positive side, the company offers a wide range of instruments. But what’s the use of it if you will have withdrawal problems? None. Nevertheless, you can choose between:
One of the ways to motivate traders to choose some of the account types is the Masari Capital bonus. Traders have 4 account type options. Thus, without any significant benefits. The minimum deposit requirement starts already at $10 for all accounts. Anyway, you can choose:
As mentioned, the company offers a demo account. This way, you can test Masari Capital fees and conditions. Thus, these might vary once you switch to a real account. In any case, it’s a good choice for beginners to test them out.
Important to realize is that the company offers an extremely high leverage of 1:500. While in Europe it’s limited to 1:30 and in the US to 1:50 for retail traders. Even though advertised spreads start from 0.4 pips, it’s not guaranteed you are getting the lowest ones.
Also, the commission for a standard account can go up to $10 per lot which is quite costly. Allegedly, there are no withdrawal fees.
One of the ways to prevent Masari Capital withdrawal is through their bonuses. They provide new clients with a 20% welcome bonus. Thus, there’s always a catch with it. To get any withdrawal you have to make 1 standard lot per $5 bonus funds. So, for a $100 bonus, you have to make 20 standard lots. Which is $2M in trading volume.
Practically no. The company has a very shady bonus clause that they will offer to anyone. But only those that don’t know about it will fall for the trick. Believe it or not, many newbies still fall for it. The only withdrawal method is thorugh the crypto wallet.
The main warning sign is the Masari Capital contact options. If you have any problem, you have to file a ticket. Therefore, we strongly recommend you start Masari Capital money back recovery process.
Our team can advise you on further steps in detail. Therefore, don’t hesitate to contact us and book your first free consultation.
Masari Capital is a freshly registered offshore broker offering FX and CFD trading services since 2019.
To sum it up, no. For that reason, you can expect multiple withdrawal issues. In such cases, our honest recommendation is to talk to our experts for refund advice.
The company claims to be registered in the Marshall Islands. However, they also mention Cyprus.
Sadly, in the FAQ section, the company doesn’t reveal instructions for deleting the account.
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