Mason Ford is a leading British forex broker, offering a wide range of effective and powerful tools, services and features to traders worldwide. The broker is an established brand that has been offering top-notch services over the past few years. Their wide range of assets to trade, intuitive trading platforms, and professional customer service have ensured that traders and investors receive the most professional forex and CFD trading services that meet the needs of both new and advanced traders. Although the general consensus of Mason Ford is positive among its many clients, we had to find for ourselves if this broker delivers as it promises to. We reviewed Mason Ford, using a live account and we tested all their tools, features and services that they provide to their clients. After signing up, trading and then making a withdrawal, we put together this comprehensive review of Mason Ford. Here we provide you with all the honest, unbiased information about this broker, together with other user reviews so that you can make an educated decision if Mason Ford should be the broker you will partner with when you start to trade online.
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Mason Ford Broker Review – Know the Facts, Trade with Confidence
As we have said, although Mason Ford is recognized as a reputable online forex and CFDs broker, we carefully reviewed the services they offer by opening a live account. We tested their services and features and have provide accurate and well-detailed information. Below, you will find a summary of the features offered by Mason Ford.
What Makes Mason Ford Unique?
Mason Ford is a unique forex broker due to the number of trading opportunities it offers to investors. The platform grants its users’ access to over 300 markets, including forex, shares, cryptocurrencies, indices, commodities and more. Traders also get to access over a hundred stocks for a wide range of global companies like Netflix, Amazon and more, with exceptional spreads.
The broker’s platform has a wide range of benefits which include enhanced execution, reputable client service, and competitive spreads, which makes them one of the best forex and CFD brokers in the industry. Mason Ford also has a large liquidity pool; thus, they are always available to complete orders at all times of the day.
Mason Ford Experience Test
Despite its impressive features, we decided to test Mason Ford out and see if the platform is worth your time, money, and effort. Customer care support is crucial to the success of online traders; thus, it was the first service we tested. The customer care agents here are very professional and have an in-depth knowledge of the financial markets. However, their most important feature is attending to customers on time. We opened a ticket, and the customer care agents replied to our request within a few minutes. In less than an hour, our problem was sorted out, and we continued trading. Friendly and prompt customer support is crucial to helping you make progress in the trading scene and when it comes to service, Mason Ford passed with flying colors.
Secondly, we tested their withdrawal service to ascertain the procedures and to see how long it takes to be completed. Most traders face challenges when they try to withdraw their funds from some brokerage platforms. Mason Ford isn’t one of those platforms. The withdrawal process here is swift and seamless. Your account will be credited within a day when you use credit/debit cards or e-wallets. However, for bank wire, the process takes up to five days due to delay from the banks.
The third and final review carried out was for order execution. Mason Ford uses the WebTrader platform, which executes orders almost instantly. We placed orders, and they were processed immediately, at the exact position and price we placed our order. Fast order execution is essential to traders as the small price fluctuations are crucial to either making a profit or recording a loss.
Overall, we were satisfied with the initial test of Mason Ford’s services and features. Based on this, we can confidently recommend their services to you, whether you are new to the online world of trading or a professional trader.
Is Mason Ford Scam or Legit?
The online trading space is packed with a lot of fraudulent brokerage platforms, which is why traders must know the reliability status of a broker before they partner with them. We performed an in-depth review and test of the services offered by Mason Ford, and we conclude that they are a legit forex and CFD brokerage.
Mason Ford is owned and operated by the Mason Ford Group, a UK-based forex brokerage firm that has built a strong reputation in the industry over the past few years. The group is a successful Forex trading firm that operates across all four corners of the globe. Mason Ford’s value proposition, core function, and mission are to provide professional, expert, and reliable services to all of their trading clients.
Mason Ford has always been straightforward and transparent with its activities. Their terms and conditions page reveals a lot about the way the company conducts its business. Mason Ford has robust anti-money laundering (AML) regulations put in place to ensure that traders and investors carry out their financial activities within the purview of the law. Their Know-your-customer (KYC) process is carried out on each one of their clients and all users are required to submit proof of identity and residence before they can have access to their funds via a withdrawal.
The AML and KYC regulations make it impossible for identity theft to occur on this platform. In addition to these security measures, Mason Ford also requires a copy of bank statements for those that carry out bank wire transactions when funding their trading accounts. Identity theft and operating multiple accounts is virtually impossible at Mason Ford, thus, making it one of the most reputable brokerage firms in the industry.
To ensure the safety of funds, Mason Funds has put together a high level of security. This security allows traders to fund their accounts, carry out transactions, and withdraw their funds safely, without the fear of losing their money to hackers.
Mason Ford Regulation and Safety of Funds
As a reputable forex and CFDs brokerage firm, which has been operating for over a few years now, Mason Ford takes the necessary security measure to secure the personal and financial information of its clients. The safety of funds starts by having a robust trading platform and at Mason Ford, their platform is equipped with state of the art security. As a result, users can carry out secure transactions at all times, without the fear that hackers will intercept transactions.
Mason Ford is regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC). For that reason, they are required to provide financial security to their users. The broker also ensures that user funds are kept in a separate account from the company’s operating funds, giving traders peace of mind that their finances are well take care of at Mason Ford.
Mason Ford – Account Types
At Mason Ford, all types of traders are catered for and it is evident that this broker understands that no two traders are the same. Traders have the opportunity to choose one of the four account types available, depending on their preferences and trading needs. The four account types are all exceptional but differ a bit in some features and benefits.
Here are the four account types available at Mason Ford.
• Basic: The basic account is the starter account at Mason Ford. It has a minimum deposit of $5,000 and gives users access to a wide range of trading strategies. Traders also get access to the latest market reviews, a direct line to the account manager, and webinars twice a month. This account type is perfect for those who wish to start small and grow over time.
• Standard: The standard account has a minimum deposit amount of $10,000. Similar to the Basic account, the Standard account also grants users access to a broad range of trading strategies, latest market reviews, and a direct line to an account manager. They also enjoy webinars twice a month, with weekly personal trading sessions also organized for them. Finally, Standard account users get a money management plan, which helps them to better plan their finances while trading.
• Silver: The Silver account is a high-end account with a minimum deposit of $25,000. Silver account users have access to trading strategies, latest market reviews, and a direct line to their account manager. They also get to participate in webinars twice a month and a personal trading session once a week. In addition to the money management plan they benefit from, Silver account users are given trading alerts, detailed event analysis, a personal session from an analyst, and an educational program from an analyst. They also get expedited withdrawals and fixed/variable gold spreads.
• Gold: The gold account is the highest account available on this platform. The minimum deposit amount here is $50,000, and users get to enjoy everything available to those using the Silver account. However, they get extra benefits such as the opportunity to participate in VIP events and other special events. The Gold account is usually for the most advanced traders, who have been on the trading scene for a long time.
Despite the extra services enjoyed by some of the accounts, you should keep in mind that all accounts receive similar treatment from the team at Mason Ford. They all enjoy direct access to the advanced trading platform, the free training, market reviews, and exceptional customer service.
Mason Ford Trading Conditions
Here are the trading conditions available at Mason Ford:
- All times are in GMT +0
- There are no transaction costs
- Users can remain anonymous if they wish to
- The fixed spread is traded with instant execution, while the floating spread IS traded with market execution
- The platform offers a leverage of up to 1:1000.
- Dormant accounts are charged with a maintenance fee of $50
Fees and spreads
Mason Ford charges its users a small commission as trading fees. Due to the trading fees they charge, the company doesn’t charge its users any transaction fees. This would enable traders to boost their profit. The spreads here are both fixed and variable, depending on the user’s preference. However, those with silver and gold accounts get to enjoy fixed and variable gold spreads.
Account Opening Experience
Opening an account with Mason Ford is simple and straightforward. The first thing to do is to visit the homepage of the Mason Ford website. Click on the Open Account tab at the top right-hand corner of the site. On the next page, provide the required details which include names, email address, country of residence, phone number, username, password, and account base currency. Choose your account base currency, which could be either, euro, US dollars, GBP, or AUD. Agree with the Terms and conditions and click on the ‘create account’ button. Your Mason Ford account will then be activated.
Deposit and Withdrawals
The payment systems at Mason Ford are fast, secure and efficient, enabling traders to deposit and withdraw their funds with relative ease.
To deposit funds into your Mason Ford trading account, follow these steps.
- Visit the Mason Ford website and login to your account
- Navigate to the deposit section and click on it
- Choose the preferred method of payment, which could be a credit/debit card or bank wire.
- Insert the amount you wish to deposit. Keep in mind that each account type has a minimum deposit amount, as mentioned above.
- Click ‘Confirm Deposit’ and the funds will appear in your trading account as soon as possible.
- Start trading your favorite assets
The deposit and withdrawal methods available at Mason Ford include:
Bank wire transactions are available for general use. This method of payment is useful for those who can’t use credit/debit cards or electronic transactions. The minimum deposit using bank transfer depends on your account type, as mentioned above, however, keep in mind that bank wire transactions take up to 3-5 days to be processed. Based on this, you will not be able to trade as soon as you have made your deposit.
Credit and debit cards are the most popular payment methods. You can deposit funds and withdraw them using popular credit and debit cards such as MasterCard and Visa. The minimum deposit using these payment methods also depend on the account type selected. Traders can use multiple credit and debit cards to fund a single account.
Similar to depositing funds, withdrawing them is very easy at Mason Ford. Follow the steps below to withdraw your funds:
- Visit the Mason Ford website and login to your account
- Navigate to the ‘withdraw’ section and click on it
- Fill in the withdrawal request form
- Wait for the process to be approved
Keep in mind that withdrawals via bank wire can take 3-5 days to be processed. You will also be required to verify your account before withdrawing your funds. The process involves you submitting your proof of identity and proof of residence documentation.
As a reputable forex and CFD trading platform, Mason Ford requires its clients to verify their account. The account verification process is in line with the international AML and KYC policies.
To verify your account, follow these steps:
Proof of Identity
Mason Ford accepts a copy of any of the following documents:
- Driver’s license
- National ID card
- International passport
The copy of the document provided should be clear and eligible. It should also contain relevant details such as your name, date of birth, your photo, and a signature.
Proof of Residence
The documents accepted for proof of residency are:
- Utility bill
- Bank statement
- Other local authority bills
The documents should be recent and no later than three months old. They should clearly show the issuer and your name and address and the issuance date.
Bank Wire and Credit Card Statements
In case of a bank wire transfer, you must submit a copy of the bank wire instruction, or a screenshot in the case of online banking. In case of a credit card transaction, Mason Ford will need a clear image of the credit card used, with all digits covered except the last four digits.
The submission and approval of the documents must be completed within fifteen (15) days from the date of the registration of a trading account.
Mason Ford Trading Platform
Mason Ford makes use of the WebTrader platform. The WebTrader platform is a refined, user-friendly, online trading platform that grants traders unlimited access to the financial markets. It has a wide range of features available to users and works with any Internet-connected and web browser supporting device.
With WebTrader, no installation is needed, and it is compatible with different browsers. Thus, you can monitor your Mason Ford trades from any browser software on your device. It also comes with live charts and analysis. Mason Ford clients enjoy a variety of analytical tools that would help them make better trading decisions. The trading cubes available here speed up the trading process by presenting lot sizes, assets, and prices. This generally gives clients quick access to all their favorite financial assets.
Mason Ford also has a demo account which enables clients to practise trading without risking real money. This makes Mason Ford a good practice ground for new traders. Despite the numerous features available here, Mason Ford’s trading platform is neatly designed to ensure that traders don’t find it hard to navigate. It’s simple and user-friendly interface makes forex and CFD trading more convenient for traders.
Education and Resources
Mason Ford believes that educational resources are crucial to the success of online traders. This is the reason why they provide a lot of training and other resources to help their traders. Mason Ford has a comprehensive educational program, or trading academy, that can help you to strengthen your trading skills and knowledge which will then help you to develop and implement successful trading strategies along every step of your trading journey.
Their education center consists of a wide range of informative resources and teaching materials like tutorials, general financial articles, breaking news announcements, weekly market reviews, the Economic Calendar, financial market analysis articles, and seminars.
Mason Ford provides exceptional and professional customer service. The customer service agents ensure that all problems are solved as soon as possible. You can get in touch with them via email or a phone call, and they are available to respond 24/5, during working hours.
Frequently Asked Questions (FAQs)
Is Mason Ford Regulated?
Mason Ford is regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC). For that reason, they are required to operate within the guidelines set out by the regulators.
What is Mason Ford?
Mason Ford provides traders and investors with the opportunity to trade in financial market and to trade a wide range of financial assets. These assets include Contracts for Difference (CFDs), most stock market indices, commodities like oil, coffee, and gold, major, minor, and exotic currency pairs, and stocks.
Who has Experience with Mason Ford?
Mason Ford is suitable for both newbie and experienced traders. The platform is available to traders in a large number of countries across the globe. Mason Ford can be used by traders who wish to trade forex, stocks, indices, commodities, and more.
How does Mason Ford Work?
Mason Ford is a brokerage firm that grants traders access to a vast number of financial assets. On Mason Ford, you can place a buy and sell order for an asset, and you will be charged a commission for trades. However, there are no transaction fees charged on this platform.
How Reputable is Mason Ford?
Mason Ford has built an impressive reputation over the past few years. The platform is being used by traders and investors from all parts of the world. After going through their services, we can confirm that Mason Ford is a trustworthy and reputable forex and CFDs broker.
How do I Open an Account with Mason Ford?
Opening an account with Mason Ford is very easy to do. The process has been streamlined to allow traders to register and start trading within minutes. Follow these steps to open an account with Mason Ford:
- Visit their website and click on the ‘Open Account’ tab located at the top right corner of the page
- Provide the required details such as name, email address, phone number, password, and country of residence
- Click on register, and your account will be opened
- Deposit funds and start trading.
Where is Mason Ford Based?
Mason Ford is a UK-based forex brokerage firm. The company doesn’t provide its physical location on their site.
Overall Rating: 8/10