Is Makasky a scam? Based on its regulatory footprint, withdrawal behaviour and corporate transparency, our verdict is clear — and concerning. Here is the full review.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Makasky?
On the surface, Makasky looks like an ordinary forex and crypto broker. Its public site is presented at https://makaskyltd.com/. But surface impressions are exactly what these operations rely on — the substance behind Makasky is where the problems begin.
Is Makasky regulated?
We could find no evidence that Makasky holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- Aggressive “account managers” coaching clients to deposit
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- Offshore or shell-company registration used to avoid oversight
- Opaque or anonymous corporate ownership
- Account dashboards that show “gains” with no real market exposure
Our analysis
Makasky claims to be regulated by the Labuan Financial Services Authority (Labuan FSA) with regulatory number MB/16/0012. We found a licensed firm named Makasky Limited from Labuan FSA. However, the approved domain of the licensed firm shown on Labuan FSA is "vegacapitalcorp.com" instead of "makaskyltd.com". That means Makasky is a clone firm that falsely use the regulatory information of a licensed firm. The truth is that Makasky is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Can you recover money lost to Makasky?
If you have deposited with Makasky, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Makasky?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.