1. Broker Overview
Mass Broker Services, established on December 4, 2012, is a real estate brokerage firm located at 869 Western Avenue, Lynn, MA 01905, United States. The company operates as a sole proprietorship and has been in business for over 11 years. While it is not publicly traded, it focuses on both commercial and residential real estate transactions, catering primarily to clients within Massachusetts.
The company specializes in a variety of services, including buying, selling, and renting properties, as well as offering home and auto insurance, tax preparation, and immigration-related services. Mass Broker has developed a reputation for providing comprehensive real estate solutions, which has allowed it to grow steadily since its inception. The owner, Mr. Van T. Son, plays a pivotal role in the management and operation of the business.
Mass Broker operates under a business model that encompasses both retail real estate services and institutional offerings, making it a versatile player in the Massachusetts real estate market. The firm's commitment to customer satisfaction and its broad range of services have positioned it as a valuable resource for both buyers and sellers in the region.
Mass Broker Services is subject to regulation by the Massachusetts Division of Insurance and is required to maintain compliance with state laws governing real estate transactions. The firm has not yet obtained the necessary licensing from the Massachusetts Division of Insurance, as confirmed by the Better Business Bureau (BBB) on April 12, 2017. It is crucial for clients to verify the licensing status before engaging in business.
The regulatory framework within which Mass Broker operates includes:
- Primary Regulatory Authority: Massachusetts Division of Insurance
- Regulatory License Number: Not specified in the available data
- License Validity: Licensing details and their validity periods are to be confirmed with the regulatory body.
- Legal Entities: The firm operates as a sole proprietorship under Massachusetts state laws.
- Client Fund Segregation Policy: Specific details regarding client fund segregation were not provided in the available documentation.
- Investor Compensation Fund Participation: Information on participation in investor compensation schemes was not disclosed.
- KYC and AML Compliance Measures: As a real estate broker, the firm is expected to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although specific procedures were not detailed.
3. Trading Products and Services
Mass Broker Services primarily deals in various real estate transactions, focusing on both residential and commercial properties. The brokerage offers a range of products and services, including:
- Currency Pairs: The firm does not explicitly list foreign exchange currency pairs, as its primary focus is on real estate rather than forex trading.
- CFD Products: There is no mention of Contracts for Difference (CFDs) in the available information.
- Special Products: The firm provides unique services such as home and auto insurance, tax preparation, and immigration-related services, which are not commonly offered by traditional brokers.
- Product Update Frequency: Information regarding the frequency of updates to the services and products was not specified.
- Retail Trading Services: Mass Broker facilitates retail real estate transactions, helping clients buy, sell, or rent properties.
- Institutional Client Services: The firm does not specifically cater to institutional clients but offers comprehensive services that could be beneficial for larger transactions.
- White Label Solutions: No details were provided regarding white label solutions.
- Asset Management Services: The firm does not advertise asset management services.
Mass Broker Services does not appear to offer a dedicated trading platform for forex or other financial instruments, as its operations are primarily focused on real estate transactions. However, it provides essential services through various channels:
- MetaTrader 4/5 Support: There is no indication that Mass Broker supports MetaTrader platforms, as its focus is not on forex trading.
- Proprietary Platform Details: The firm does not have a proprietary trading platform.
- Web-Based Trading Platform: No web-based trading platform is mentioned.
- Mobile Applications: There is no information on mobile applications for trading or real estate services.
- Execution Models: The execution model is not applicable as the firm does not engage in forex trading.
- Server Locations and Technical Infrastructure: Specific details regarding server locations and technical infrastructure were not provided.
- API Access and Automated Trading Support: There is no mention of API access or automated trading support.
5. Account Types and Trading Conditions
As a real estate brokerage, Mass Broker Services does not offer traditional trading accounts as seen in forex or stock trading. Instead, it provides clients with various options related to real estate transactions:
- Standard Account Conditions: The firm does not specify minimum deposits or commissions, as these are typically not applicable in real estate transactions.
- Advanced Account Types: No advanced account types like VIP or professional accounts are mentioned.
- Special Accounts: The brokerage does not provide specific account types such as Islamic or corporate accounts.
- Demo Account Policy: Information regarding demo accounts was not provided as the firm focuses on real estate services.
- Leverage Ratios: Leverage is not applicable in real estate transactions.
- Minimum Trade Sizes: Minimum trade sizes are not relevant for real estate transactions.
- Overnight Fees Policy: No details on overnight fees were provided as they do not apply to real estate transactions.
6. Fund Management
Mass Broker Services supports various funding methods primarily related to real estate transactions. However, specific details on funding processes were not provided:
- Supported Deposit Methods: The firm likely accepts bank transfers and possibly credit card payments, but specific methods were not detailed.
- Minimum Deposit Requirements: Minimum deposit requirements for real estate transactions were not specified.
- Deposit Processing Times: Information regarding deposit processing times was not available.
- Deposit Fees: There is no mention of deposit fees.
- Withdrawal Methods and Restrictions: The firm did not provide details on withdrawal methods.
- Withdrawal Processing Times: Information regarding withdrawal processing times was not available.
- Withdrawal Fee Structure: No details were provided on withdrawal fees.
7. Customer Support and Educational Resources
Mass Broker Services offers customer support to assist clients with their real estate needs:
- Support Channels: Clients can reach out via phone, email, and possibly online chat, although specific channels were not detailed.
- Service Hours and Time Zone Coverage: The firm's operating hours are Monday to Friday, from 9:00 AM to 6:00 PM, but specific time zone coverage was not mentioned.
- Multilingual Support: There is no information on the languages supported by the firm.
- Types of Educational Resources: The firm does not appear to offer extensive educational resources such as webinars or tutorials.
- Market Analysis Services: Daily analysis, news, and research reports were not mentioned.
- Trading Tools: Specific trading tools were not detailed.
8. Regional Coverage and Restrictions
Mass Broker Services primarily operates within Massachusetts, focusing on the local real estate market:
- Main Service Markets: The firm serves clients primarily in Massachusetts.
- Regional Office Distribution: There is no information on the distribution of regional offices.
- Countries/Regions Not Accepted: Specific countries or regions from which clients are not accepted were not provided.
- Special Restrictions: No special restrictions were mentioned.
In conclusion, while Mass Broker Services primarily focuses on real estate transactions rather than forex trading, it provides a range of services that cater to both residential and commercial clients in Massachusetts. The regulatory environment and compliance measures are essential for maintaining the integrity of their operations, and the firms commitment to customer service is reflected in its operational structure.
FX2754364328
United States
About 100000 dollars was trapped and cannot withdraw. It threats to give 20% to them.
Exposure
2022-03-29