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Masonford Review 2019 – Should You Trade with this Broker?

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The Mason Ford Group is a highly experienced Forex company with operations all over the world. The customer-centric focus is evident with a range of trading platforms geared towards casual traders, intermediate-level traders, and expert traders. The company’s raison d’être is the provision of powerful trading tools, software, analysis, and reliable services to clients. Clients have access to a demo account for practicing forex trading online. The simulated accounts allow traders to gain the necessary expertise before engaging in real-money trading.

The Mason Ford trading academy is geared towards teaching traders everything they need to know about each of the available asset classes. The educational resources provide step-by-step guidance on using the trading platform, understanding market indicators, and implementing various trading strategies. Mason Ford provides a range of trading options (financial instruments), including currencies, commodities, indices, CFDs, cryptocurrencies, and stocks. Clients can be provided with leverage as high as 1:1000, under certain circumstances.

Registration and Verification

Masonford offers a straightforward account registration for new traders. Clients are required to furnish specific biographic information including first name, last name, email, country, and telephone number. You will then be required to choose a username and password combination. Traders can select an account-based currency from several options, including EUR, USD, GBP, and AUD. You will be required to verify that you’re at least 18+ years of age, and not a citizen of the US.

The Know Your Client (KYC) policy at Mason Ford provides detailed information on how the company manages bona fides. The KYC policy effectively protects clients and their assets from fraudulent activity, terrorist activity, and money-laundering. Mason Ford has adopted a zero-tolerance policy towards fraudulent transactions. Clients are required to provide documentation to verify their accounts, including a recent utility bill stating their name and residential address, a copy of the front/back of a credit card if that deposit method is being used, and a valid copy of a government-issued ID, driver’s license, or passport. These documents must be emailed to Mason Ford’s compliance department ([email protected]).

Trading Options offered by Masonford

The Mason Ford trading platform offers a comprehensive set of financial instruments for clients. These primarily include forex and crypto. Foreign exchange options provide broad-spectrum coverage of major pairs, minor pairs, and exotic currency pairs. Examples of forex assets include the following:

  • GBP/JPY
  • NZD/USD
  • USD/RUB
  • USD/TRY
  • EUR/JPY
  • AUD/JPY
  • EUR/AUD
  • USD/MXN
  • GBP/AUD
  • USD/CAD

Traders have access to charts provided by Trading View, with comprehensive insights into price fluctuations over time. Traders can extrapolate 5 years back, 1 year back, 6 months, 3 months, 1 month, 5 days, or the present day with forex trading pairs. It is possible to switch between multiple different chart options, each of which provides clients with valuable price movement data over time. Note that Forex trading is only available during market hours around the world.

The cryptocurrency options include USD-denominated and EUR-denominated trading options with virtual currency. These include the following popular cryptocurrency options:

  • ADA
  • ARK
  • BCH
  • BNB
  • BNT
  • BTC
  • DASH
  • EOS
  • ETC
  • ETH
  • FUN
  • GAS
  • IOTA
  • KMD
  • LTC
  • NEO

There are dozens of crypto trading options available, and comprehensive insights into how currencies are performing with simple color-coded indicators for bullish (green) or bearish (red). Our in-house trading experts spent lots of time practicing forex and crypto trading with the Mason Ford platform. Traders can maximize their screen size by toggling on the settings button, for a full-screen view of market activity. You can also take an instant snapshot of your trading chart by using the on-screen camera rather than Paint, or screen capture on your PC, Mac or smartphone.

Benefits of Trading at Mason Ford

Mason Ford offers a powerful platform for crypto and Forex trading. Coupled with many useful analytical tools and resources, traders will find this platform expressly suited to their needs. The webtrade platform ensures that you can trade directly off your browser, no download needed. Plus, there are no transactions costs when trading, allowing you to save more and generate a higher yield. With several base currencies available, it’s easy to gauge the value of your transactions without having to revert to foreign currencies. Plus, there is no minimum deposit requirement with this trading platform. Clients with PCs and Macs typically get the best experience from Mason Ford, since you have much more screen real estate to analyze charts, graphs, and price movements.

Different Types of Accounts

There are 4 account tiers available to traders at Mason Ford. These include a Basic Account, a Standard Account, a Silver Account, and a Gold Account. If you are a casual trader, with around $5000 to deposit into your account, a Basic Account is your best option. Several benefits are available, including access to different trading strategies and market reviews. Educational resources also include webinars. As a Standard Account holder, your minimum deposit is $10,000. Many additional benefits are available including personal trading sessions on a weekly basis, and your own money management plan. This account is arguably the best account for everyday traders looking for more tools and features than a Basic Account.

For the professional traders out there, the Silver and Gold accounts are ideal. Your minimum deposit for the Silver Account is $25,000, and for Gold its $50,000. With each of these upgraded accounts, you will have access to many added extras and benefits such as trading alerts, personal trading sessions with financial analysts, educational programs, rapid withdrawals, variable spreads and fixed spreads on gold. As a Gold Account holder, you get all the benefits of Silver plus an opportunity to participate in VIP trader events. These exclusive events are reserved for Gold-Status account holders at Mason Ford.

Customer Service

One of the hallmarks of a reputable trading company is high quality customer support. Mason Ford offers clients several contact options, including a UK telephone number (+44-161-768-1677), email ([email protected]), and an online contact form. It should be pointed out that the customer service department is operational 24/5, much like the financial markets within which it operates. The support representatives do a fine job of responding to player queries, comments, and suggestions.

Masonford: Overall Impression

Mason Ford’s trading platform is highly responsive, feature-rich, and geared towards forex and crypto traders. Of course, you always have the option of CFDs (contracts for difference) which are derivative trading instruments. These allow you to speculate on future price movements of a wide range of assets including commodities, indices, stocks, currencies, and virtual currencies. We were impressed by the customer support, and the benefits of Silver and Gold account status. As a novice, or an experienced trader, you will likely find this lightweight, web-based trading platform to be user-friendly and compact. Leverage of up to 1:1000 is also available on specific financial instruments.

Follow this trading platform via their online channels: Crunchbase, Vimeo and Linkedin.

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