About Masari Capital
Company Overview
Masari Capital is an offshore forex and CFD broker registered in Saint Vincent and the Grenadines, having been established on June 18, 2020. The broker operates under the official domain masaricapital.com and maintains a business address at Beachmont Business Centre, Suite 112, Kingstown, Saint Vincent and the Grenadines. Despite claims of being registered in the United Kingdom, official records indicate that the broker is not regulated by any financial authority.
Masari Capital presents itself as an ECN/STP broker, offering trading in a variety of asset classes including forex, cryptocurrencies, metals, indices, stocks, and commodities. The broker caters primarily to retail traders, providing high leverage options and multiple account types. However, the lack of regulation is a significant aspect to consider for any potential trader.
Regulatory Status
Masari Capital is not licensed or regulated by any major financial regulator. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction known for minimal oversight of financial firms. While registration in SVG is not itself illegal, it means that the broker is not subject to the stringent requirements imposed by bodies like the FCA, CySEC, or ASIC. This lack of regulation means that client funds are not protected by compensation schemes, and traders have limited recourse in the event of disputes or broker misconduct.
Industry databases and our own due diligence confirm that Masari Capital holds no valid regulatory licences. The broker's claim of being registered in the UK since 2018 appears to be misleading, as no UK registration or FCA authorisation is evident. Traders should exercise extreme caution when dealing with unregulated entities.
Account Types and Trading Conditions
Masari Capital offers five account types: Mini, VAR, Pro, Standard, and an Islamic Trading Account. Each account type provides a maximum leverage of up to 1:500, except the Islamic account, for which leverage details are not specified. Minimum deposit requirements are not disclosed across any account type, which may indicate a lack of transparency. The high leverage available is typical of unregulated brokers and carries significant risk.
The broker does not provide clear information on spreads or commissions for each account type. According to the website, the accounts are designed for different trading styles and experience levels, but without specific details, traders cannot fully evaluate the cost of trading. The Islamic account is swap-free, catering to traders who require compliance with Sharia law.
Trading Platforms and Instruments
The broker offers the MetaTrader 4 (MT4) platform, a widely used trading platform known for its advanced charting tools, expert advisors, and automated trading capabilities. MT4 is available for desktop, web, and mobile devices, allowing traders to access the markets from anywhere. The platform supports the full range of trading instruments offered by Masari Capital.
Tradable instruments include forex pairs, cryptocurrencies, metals (such as gold and silver), indices, stocks, and commodities. This multi-asset offering is typical of modern forex brokers, but the lack of regulation means that traders have no assurance that prices are fair or that orders are executed transparently. The broker does not specify the number of instruments available or the trading platforms' execution model.
Funding and Withdrawals
Masari Capital provides a dedicated page for funding and withdrawals on its website, indicating that the broker accepts various payment methods. However, specific details on accepted deposit and withdrawal options, such as bank transfers, credit cards, or e-wallets, are not readily available from the information provided. Similarly, processing times, fees, and minimum amounts are not disclosed.
Transparency in funding is crucial for traders, and the lack of published information is a red flag. As the broker is unregulated, there is no guarantee that client funds are held in segregated accounts or that withdrawals will be processed promptly. Traders should verify any claims directly with the broker and exercise caution before depositing funds.
Social Presence and Client Support
Masari Capital maintains a presence on Instagram, which is listed in the known facts. The broker does not appear to have a significant presence on other major social media platforms or forums. The website includes pages for an affiliate program and introducing broker scheme, suggesting a focus on partnership and referral marketing.
Client support channels are not clearly detailed. The website includes a 'Press Kit' and 'Contests' sections, but no live chat, phone numbers, or email addresses are immediately visible from the available information. The lack of transparent customer support is a concern for potential clients who may need assistance with account issues or technical problems.
Overview compiled by FXCanary from regulatory records and public data. full Masari Capital review