Masonford Review 2019 – Read This Before You Trade with Masonford
Mason Ford is owned by the Mason Ford Group. This FX trading brokerage has operations all over the world, with a focus on personalized trading services for clients. Masonford tailors its accounts and trading platform to individual preferences, with a host of customized options to make it easier to trade forex, commodities, indices, cryptocurrencies, stocks, and CFDs. Clients have the option to practice on a demo account before trading for real money online. At Mason Ford, leverage can be as high as 1:1000, depending on your specific account type. To support clients and their trading preferences, an educational program is provided. This includes breaking news, financial articles, trading charts and strategies, et cetera.
What Type of Accounts Are Available to Traders?
Mason Ford accounts are tailored to individual trading preferences. Four account types are available to clients, including the following:
Basic Account – The Basic Account requires traders to make a deposit of at least $5000. Benefits include access to individual trading strategies, personal account managers, webinars, and market reviews. The basic account is suited to casual traders who are interested in a low-stress brokerage account with Mason Ford.
Standard Account – this account is a step up from the Basic Account, and requires traders to make a minimum investment of $10,000. All the benefits of a Basic Account are provided, in addition to weekly trading sessions with a personal coach, and a comprehensive money management plan to assist you. This is also ideal for casual traders and those who are looking for greater market penetration.
Silver Account – once you have a firm grasp of the market and the trading platform at Mason Ford, the Silver Account is the next progression. It requires a minimum deposit of $25,000, and clients have access to many additional benefits over and above the Basic and Standard Accounts. These include in-depth analysis of market activity, one-on-one sessions with a personal financial analyst, educational programs, and rapid withdrawals. There are fixed gold spreads and variable gold spreads available with the Silver Account.
Gold Account – Gold Account holders are privy to all the benefits, rewards, and advantages available at Mason Ford. As a Gold Account holder, you will be required to make a minimum deposit of $50,000, and all the benefits of basic accounts, standard accounts, and silver accounts are yours to enjoy. There are extra benefits including VIP events, and invitations to special events through Mason Ford.
Novice traders will be best served with a Basic or Standard Account, while expert-level traders will derive many more benefits from a Silver Account and a Gold Account.
The Trading Platform
Mason Ford offers clients a powerful, intuitive, and interactive set of trading tools and features on the platform. The charts are provided courtesy of TradingView, and they offer multiple feature-rich elements to track the pricing of underlying financial instruments over time. The trading platform presents clients with a listing of forex options (major, minor, and exotic currency pairs), as well as cryptocurrency trading options.
Forex trading options include the following: AUD/CAD, AUD/JPY, AUD/USD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/CAD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, and USD/CAD.
Cryptocurrency trading options include the following: ADA, ARK, BCH, BNB, BNT, BTC, DASH, EOS, ETC, ETH, FUN, GAS, IOTA, KMD, LTC, NEO, NXT, POWR, QSP, REP, STR, STRAT and others.
With crypto, traders simply need to pick their desired base currency in fiat (EUR, or USD), and then click the cryptocurrency in question. You will be required to enter the number of lots by clicking on the +/- button, and then buy or sell.
Other asset classes are available, including stocks such as American Express, Amazon, American Airlines, Apple, Aurora Cannabis, Bank of America, British Petroleum, Caterpillar, Coca-Cola, Dropbox, General Motors, Goldman Sachs, HP, JPMorgan, Lockheed Martin, MasterCard, McDonald’s, MGM Resorts, Pfizer, Roku Inc, Snapchat, Twitter, and many others. A total of 100+ stocks are available to traders. Be advised that these are CFDs on stocks, which means that you’re trading a derivative instrument and not actually taking possession of the underlying stock.
Commodities trading is also possible with a range of worldwide options like cocoa, copper, cotton, gold, natural gas, crude oil, platinum, silver, wheat, and zinc. Indices trading covers a broad spectrum of global bourses such as the ASX, CAC 40, NASDAQ, S&P 500, NIKKEI 225, Tel Aviv 35, Dow Jones, and others. When trading indices, clients are choosing the number of lots to buy or sell, with varying spreads available on each index. It is important to understand the concepts of trade size, pip value, use margin, and spread when trading commodities, indices, currency pairs, and crypto.
Generally, trades are executed without hesitation, on PC or Mac. Clients will derive the biggest benefit from the charts, graphs and analytical tools and resources by using personal computers with bigger screens. On mobile, you can still enjoy trading activity, although the functionality is slightly curtailed due to limited screen real estate.
Clients can get in touch with customer support representatives by simply filling out an online contact form. This information helps customer service representatives identify your specific issues and provide prompt and professional resolution to them. A UK-based telephone number is available for customer service queries (+44-161-768-1677).
Roundup of Mason Ford Brokerage
Masonford offers relative anonymity, a web-based trading platform, and multiple base currencies. With no trading restrictions in place, Mason Ford is considered a broker with global operations. In total, there are some 300+ markets and at least 100+ stocks available to traders. Speculative investments and trades are possible, with CFDs on crypto, forex, stocks, indices, commodities and the like. Additional support for traders is available through dedicated social media pages at the following platforms: Crunchbase, Medium and Vimeo.
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
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