masaSKY

Evaluating the safety and reliability of a broker involves a multi-faceted analysis. According to WikiFX data, masaSKY (MAKASKY Limited) currently operates without direct financial regulatory oversight for its forex trading activities, which is a critical component of investor protection. The WikiFX assessment score for this broker is 2.24 points, reflecting significant concerns, particularly in the areas of regulation and risk control where scores are notably low. While it offers the MetaTrader 4 platform, indicating a standard technological interface, the lack of credible regulatory coverage is a major red flag. Therefore, engaging with this broker carries a high-risk profile and is not recommended for traders who prioritize fund security.

masaSKY is not regulated by any mainstream financial authority specifically for retail forex and CFD trading. While its holding company, Makasky Limited, holds a Labuan Financial Services Authority (LFSA) 'Forex Transmission License (RTO)' in Malaysia (license number MB/16/0012), this license pertains to remittance and transmission activities and does not constitute a core forex trading license. As such, it does not provide standard investor protections like segregated client funds, negative balance protection, or compensation schemes. For all practical purposes regarding trading operations, this entity is unregulated.

Due to the temporary lack of publicly available data, it is not possible to determine the minimum deposit requirement for masaSKY. Specific account information, including deposit requirements, is not explicitly listed. Investors interested in this broker would need to consult its official website or contact customer service directly to obtain this information. It is always prudent to verify such critical terms before committing any funds.

Yes, according to WikiFX's software identification, masaSKY supports the MetaTrader 4 (MT4) trading platform. The broker is classified as a 'Full License MT4' entity, which typically indicates it provides the complete suite of MT4 services, including access to expert advisors (EAs) and custom indicators. WikiFX data shows an average order execution speed of 173.50 milliseconds for its MT4 servers. The broker does not currently offer support for the MetaTrader 5 (MT5) platform.