Can you trust a company registered in the offshore jurisdiction of Saint Vincent and the Grenadines? Or is it better not to take the risk? That’s what we’ll try to find out. Masari Capital claims extensive experience, yet there are almost no reviews online. It looks very suspicious and dangerous, like yet another scam.
Highlights
| Official Website | https://masaricapital.com/ |
| Company Name | Masari Capital LLC |
| License Status | None |
| Account Types | Standard, PRO, VAR, Mini, Islamic |
| Demo Account | None |
| Assets Offered | CFDs |
| Leverage | 1:500 |
| Trading Platform | TradeLocker |
| Deposit Methods | VISA/MasterCard, Bank Transfer, Crypto |
| Withdrawal Time | 2-5 business days |
| Affiliate Program | Available |
Key Trading Features
Trading here can begin with as little as $10, which is a relatively low entry threshold. Masari Capital has developed five plans aimed at different purposes and targeted at various client categories:
- Standard. Commission $6 per lot; spreads from 0,8 pips.
- PRO. Spreads from 0,4 pips, and commission $10 per lot.
- VAR. No fees, and spreads from 1,2 pips.
- Mini. Fees $1 per lot; bid/ask from 1 pips.
- Islamic. Swap-free option.
The other conditions are the same for all: high leverage of 1:500, which practically guarantees there are no licenses from reputable regulators; and promises of STP execution but with no mention of liquidity providers.
Overview of Available Trading Instruments
The company offers a standard range of assets, with more than 3,000 instruments: forex, commodities, cryptocurrencies, stocks, metals, and indices. This includes both major and exotic currency pairs, as well as U.S. and European stocks, top altcoins, and Bitcoin. All instruments at Masari Capital are available only in CFD format.
Trading Platform Analysis
The broker names its terminal TradeLocker, but there’s no dedicated section describing the platform’s features. Only in the “FAQ” section can you find some information about the software.
Additional Services
Clients have access to various additional options:
- Affiliate program: introducing broker and press kit. The company provides a logo, marketing materials, and support with advertising. Rewards are paid from the commissions partners bring in.
- Contests, though their details are not disclosed.
Masari Capital offers no other options. For example, a PAMM service, training courses, and analytics would be highly useful to clients, but these are not available. How does the broker plan to compete with other firms?
Fee Structure
Clients need to pay a commission of from $1 to $10 per trade, depending on the plan. Additionally, there are spreads, though they aren’t displayed in real-time, despite Masari Capital offering a table for this purpose — which, however, does not function.
The broker does not charge for deposits or withdrawals, but clients will need to pay blockchain fees since all transactions are conducted through cryptocurrency.
Legitimacy of Masari Capital
Now let’s move on to the most crucial part of our review. The broker is legally registered offshore in Saint Vincent and the Grenadines but also claims an office in the Philippines. We’ll check this out now.
Masari Capital is indeed listed with the SVGFSA, having registered there back in 2020.
Where is the company’s license? Masari Capital says nothing about regulation, which means its operations are unregulated. Firms registered in Saint Vincent and the Grenadines under the SVGFSA’s oversight can technically call themselves “regulated”, but in practice, this means minimal accountability to clients and virtually no legal protection. This is a red flag.
Company History
The official website does not provide any company history. The firm chose not to disclose this information. However, the registration date is visible with the SVGFSA — it’s 2020. Additionally, their domain was registered in 2019, meaning Masari Capital has been around for several years. Four to five years of operation is an average timeframe and isn’t enough to consider the platform to be experienced and trustworthy.
Conclusion
In the end, Masari Capital exhibits all the signs of a dubious company: offshore registration, lack of regulation, an unpopular platform with a low rating, and no following among traders. Everything points to a platform that doesn’t inspire confidence — be cautious, as working with it could result in financial losses.
Weighing the Pros and Cons
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The company was registered in 2020.
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No license from a reputable regulator.
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Few reviews online.
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Unfavorable trading conditions.
Common Questions
How can I understand if Masari Capital is fraudulent?
There are several signs that can help identify dishonest brokers. First, offshore registration almost always signals a lack of regulatory protection. In such jurisdictions, firms are nearly free of accountability to clients. Second, the absence of licenses is the first and most obvious red flag. It’s also important to pay attention to available information: if a company’s website doesn’t provide full details about its pricing plans, fails to list liquidity providers, and offers overly favorable terms (such as a high leverage of 1:500), this points to riskiness and a lack of transparency.
Why do brokerage companies register offshore?
Offshore registration allows companies to avoid the strict rules and taxes they would face in regulated countries. This is beneficial for the firm but creates risks for the client. In offshore zones, there are no strict requirements for investor protection, and in the case of a dispute with the broker, the trader is left with virtually no protection. Reputable companies typically choose jurisdictions with serious regulations, where standards are higher and clients can feel more secure.
I don’t know why this company attracts traders. There are high fees and no guarantees. I wouldn’t invest a single cent here! It looks more like a scam and a fake platform than a safe and reliable firm. This is just my opinion; I’m not forcing it on anyone, but I recommend not risking your money. Masari Capital could deceive you.