Rating Index
Pros
Wide range of trading instruments including forex, stocks, indices, commodities, and cryptocurrencies.
Utilizes the popular MetaTrader 4 platform, providing advanced tools for analysis and execution.
Offers low spreads and transparent commission structures, potentially enhancing profitability.
Cons
Unregulated status raises significant concerns about the safety of funds and lack of customer protection.
Reported slow response times from customer support, which may affect timely issue resolution.
Potential for withdrawal delays, making it difficult for clients to access their funds when needed.
MASL broker Accounts
MASL Account Type
MASL offers several different account types tailored to meet the needs of various traders. The account types include:
- Standard Account
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Spreads: From 2.0 pips
- Ideal for beginner traders.
- Premium Account
- Minimum Deposit: $500
- Maximum Leverage: 1:500
- Spreads: From 1.2 pips
- Suitable for intermediate traders.
- ECN Pro Account
- Minimum Deposit: $1,000
- Maximum Leverage: 1:500
- Spreads: From 0.0 pips
- Designed for professional traders.
- VIP Account
- Minimum Deposit: $20,000
- Maximum Leverage: 1:500
- Spreads: From 0.6 pips
- Tailored for advanced traders.
- Application Submission
- Visit the MASL website and complete the online application form. You will need to provide personal information including your name, address, and contact details.
- Documentation
- Submit the required identification documents, which typically include:
- A government-issued photo ID (passport, national ID card, or drivers license).
- Proof of residence (utility bill or bank statement).
- Verification
- The submitted documents will be reviewed for verification. This process generally takes a few days.
- Account Funding
- Once your account is approved, you can fund it using various methods such as bank transfer or credit/debit card. There is no minimum deposit requirement for the Standard Account.
- Start Trading
- After funding your account, you can begin trading immediately. Ensure you understand the trading platform and risk management strategies before starting.
All accounts are available with Islamic options, allowing traders to operate without swap fees.
MASL Broker Account Opening Process
Opening an account with MASL is a straightforward process and can be completed in a few simple steps:
This process ensures that all regulatory requirements are met and helps maintain a secure trading environment.
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