FSA — Australia
益茂証券株式会社
Regulated · No. 北陸財務局長（金商）第12号
Masumo Review — Overview
Regulation
Tier-1 regulated
Licence
FSA · No. 北陸財務局長（金商）第12号
Licence status
Regulated
Platforms
MT5, MT4
Min. deposit
$50
Max. leverage
1:30
Instruments
Forex, Indices, Commodities, Futures
Operating
Est. 2005
Main market
JP
Entity
益茂証券株式会社
Website
Unknown
Masumo is a forex & CFD broker based in Japan, established in 2005. On Trust Broker Hub it holds a Trust Score of 7.2 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, Masumo is regulated by FSA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Masumo provides access to Forex, Indices, Commodities, Futures. Published conditions include a minimum deposit of $50 and leverage up to 1:30. No complaints are currently on record. Overall, Masumo looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
8.50
Data completeness
7 of 10 facts verified
70% ×0.85
Trust Score
7.2 / 10
Trust Score history
Masumo currently scores 7.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, Indices, Commodities, Futures |
| Minimum deposit | $50 |
| Maximum leverage | 1:30 |
| Typical spread | Not disclosed |
| Platforms | MT5, MT4 |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Masumo
Our analysis · editorial
7.2/10
Tier-1 regulated, solid profile
Masumo holds a tier-1 regulatory licence (FSA). Based in Japan, it has been operating for about 21 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 7.2/10 — a reasonable profile.
Strengths
- Authorised by a tier-1 regulator (FSA)
- Long 21-year operating track record
- No complaints on record with us
- Supports MT5 & MT4 trading
- Accessible minimum deposit ($50)
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: A reasonable option, but confirm the entity you open an account with is the regulated one.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Masumo — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Masumo here if that changes.
Full specifications
Regulated region
Japan
Operating period
15-20 years
Main market
JP
Licensed entity
益茂証券株式会社
License status
Regulated
Instruments
Forex, Indices, Commodities, Futures
Year founded
2005
Frequently asked
Is Masumo a safe broker?
Masumo scores 7.2 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the Masumo trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Masumo?
Masumo publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.