In the FxGecko app, you can reference the top 100 forex brokers for your selection. If not in the top 100, pay special attention to the broker's primary white label relationships and risk alerts.
Today, I'd like to help you assess a forex broker. Recently, investors have inquired about the legitimacy and safety of this broker.
The name of this forex broker is Masari Capital, established in 2019 and globally ranked at 2749.
Masari Capital claims to be registered and regulated by the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). However, it's important to note that SVG FSA does not directly oversee forex trading activities, which may lead to uncertainty about the broker's regulatory status. Additionally, formal regulatory information for Masari Capital is not publicly available, suggesting that investors' funds with this broker may face risks and should be approached with caution.
According to FxGecko's risk alerts, Masari Capital is associated with 16 risks. Investors should be attentive to and consider these risk warnings related to the broker.
Furthermore, Masari Capital operates 4 MT4 servers located in the United States and the United Kingdom.
Primary white label relationships indicate that Masari Capital has affiliations with 21 associated brokers. Investors should be mindful of whether these affiliated brokers exhibit any irregularities or signs of fraud. This aspect can provide crucial insights into the broker's operational risks and past history when selecting a broker. Broker relationship data is sourced from MetaQuotes.
Overall, Masari Capital's regulatory status is unclear, and there are several risk alerts associated with it. Investors should exercise caution when considering this broker. It's recommended that investors prioritize brokers with comprehensive regulation and a good reputation to safeguard their own interests.
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