✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker brokermasters (also called Brokermasters.net), is a Forex and CFD broker. Is Brokermasters really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
You might be wondering why we review Brokermasters. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: Brokermasters Ltd.
✅ Regarding its location, the broker mentions being based in: Marshall Islands.
✅ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌
If now we go on to analyze account types offered by Brokermasters, we noticed that it offers 4 different types of account / plans: Mini Account, Bronze Account, Silver Account and Gold Account. We will leave you an image with a little information about each type of account.
Mini Account: minimum initial deposit of $5.000, floating spread, 1:50 leverage, 24-hour support, negative balance protection, first 5 risk-free trades, minimum trade volume 0.01 lots, hedging allowed.
Bronze Account: minimum initial deposit of $50.000, floating spread, 1:50 leverage, 24-hour support, negative balance protection, first 5 risk-free trades, minimum trade volume 0.01 lots, hedging allowed.
Silver Account: minimum initial deposit of $100.000, floating spread, 1:50 leverage, 24-hour support, negative balance protection, first 5 risk-free trades, minimum trade volume 0.01 lots, hedging allowed.
Gold Account: minimum initial deposit of $150.000, floating spread, 1:50 leverage, 24-hour support, negative balance protection, first 5 risk-free trades, minimum trade volume 0.01 lots, hedging allowed.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that Brokermasters offers are: MT4 platform and Sirix platform.
We will now analyze the different resources and aids for the trader that Brokermasters provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
Brokermasters provides the following help or resources to traders or interested parties: explanation of some basic concepts of the world of Trading, FAQ section, some live charts, really not much more than this.
| Other information about brokermasters |
Some more information in case you want to contact the company, or see its website for yourself.
Website:brokermasters.net
Telephone+ 44 07985590944
Email: [email protected]
>>> Assessment on brokermasters <<
Ending with this section, in our opinion Do we believe that the company brokermasters is trustworthy? Should you invest your money with the company?
Given all this, we recommend caution, because: we are dealing with an unregulated broker, its headquarters is located in a country that is too insecure to make investments (Marshall Islands), when looking for reviews about Brokermasters we have seen numerous negative reviews. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
⛔ Attention ⛔ : in October 2020 CONSOB added brokermasters to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's October 2020 ⚠️ warning
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”633 ″]
They are inviting me to invest, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hi Mari R., thanks for writing about Brokermasters. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
I have an acquaintance investing, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hi Elizabeth, thanks for writing about Brokermasters. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.