Mason Group Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-25 18:15

Abstract：Mason Group was founded by Mason Securities Limited in HongKong. It provides several assets for trading: securities, options and futures. Besides, it offers two trading platforms: Mason trade and SP trader. However, its regulation is exceeded.

　　Mason Group was founded by Mason Securities Limited in HongKong. It provides several assets for trading: securities, options and futures. Besides, it offers two trading platforms: Mason trade and SP trader. However, its regulation is exceeded.

Pros and Cons

Pros	Cons
Various trading assets	Exceeded regulation
No storage fee and platform fee	Limited information
Various trading platforms

Is Mason Group Legit?

　　No. It currently only holds an exceeded license from the Securities and Futures Commission of Hong Kong (SFC).

Regulatory Authority	Securities and Futures Commission of Hong Kong (SFC)
Current Status	Exceeded
Regulated by	Hong Kong
Licensed Institution	Mason Securities Limited
Licensed Type	Dealing in securities
Licensed Number	AAC086

What Can I Trade on Mason Group?

Tradable Instruments	Supported
Securities	✔
Options	✔
Futures	✔
Metals	❌
Cryptos	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Mason Trade	✔	IOS and Android	Experienced traders
SP Trader	✔	Microsoft Window only	Experienced traders
SP Trader Mobile	✔	IOS and Android	Experienced traders

Deposit and Withdrawal

　　Traders can deposit through Bank/ATM Transfer, Faster Payment System (FPS) and Telegraphic Transfer (TT).

　　If traders want to withdraw, traders need to contact the account manager or call Customer Services Hotline at (852) 2218-2818. Fund could be withdrawn and deposited into undesignated bank account by form submission.

Customer Service

Contact Options	Details
Phone	(852) 2218-2818
Email	cs@masonhk.com
Support Ticket System	❌
Online Chat	❌
Social Media	Facebook, Wechat
Supported Language	English
Website Language	English
Physical Address	Unit 2101, 21/F, Office Tower, Convention Plaza, No. 1 Harbour Road, Wan Chai, Hong Kong

The Bottom Line

　　While Mason Group offers various trading instruments without a storage fee and platform fee. However, its regulations are exceeded which can trigger investigations and penalties. Besides, fees details are not mentioned. Traders should be alerted when trading.