Main Group FX is owned and operated by the Australian company MGF Capital Pty Ltd, headquartered in Chatswood, New South Wales. In addition, the broker informs that the brand is part of a group of companies founded in 2018. As for the domain, it was updated in March 2023. However, the project has no information about its leaders. How reliable is this platform? We will draw conclusions about the safety of cooperation with this broker after we have studied its services and legal documents.
Trading Conditions
Main Group FX provides clients with the opportunity to trade contracts for differences in prices for currencies, stocks, precious metals, commodities, and cryptocurrencies. The broker guarantees traders protection from a negative balance, low trading commissions, and no requotes.
There are 5 types of tariff plans available on the platform, but the minimum deposit amount is not specified. You can choose the appropriate option from the list:
- Basic – 1 point commission, 1 point spread.
- Standard spread – 0.9 point commission, 0.8 point spread.
- Advanced – Commission 0.7 points, Spread from 0.5 points, Access to the Mall, Weekly market analysis.
- Premium – Commission 0.5, Spread from 0.3, Unlimited withdrawal of funds without commission.
- Pro – Commission 0.3, spread from 0.0, Unlimited withdrawal of funds without commission, Portfolio assessment with a trading analyst.
You can use the services of a personal manager. The Visa Main Group FX card provides you with the opportunity to withdraw funds at lightning speed.
Main Group FX offers an educational program and live webinars with a trading analyst. You can contact the project representatives via a special form and WhatsApp, technical support is available 24/5.
FAQ
Would investing in Main Group FX offer the best returns?
Cooperation with this broker is more likely to result in a loss of funds for you, rather than the acquisition of profit. This is risky CFD trading with unknown conditions, and it is possible that transactions are not being brought to the interbank market.
Does Main Group FX carry out withdrawals?
Our analysis shows that the withdrawal of your funds is not obvious. Clients complain that the organization refuses to fulfill its obligations. You can share your experience in the comments.
May I be scammed on maingroupfx.com.au?
The risk of fraud is high for several reasons. Managers cannot clearly explain why there is no scanned copy of the license and registration certificate on the site. In addition, the start date of the project does not match the domain date, and the site design is very cheap.
What's the best way to share my experience with Main Group FX?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.
I won't say that my trading on Main Group FX was smooth right away, because I immediately lost some of the money. After that, I stopped, thought about it, and took a break. I started trading again after a few days and slowly the money began to go more into the plus than into the minus. I made my first withdrawal in 3 weeks – €870. The money was credited to the bank card a couple of days later. In total, I have withdrawn 4 times at the moment, according to the principle – if I have earned, it is better to withdraw immediately so as not to spend too much. Now I have more than 8 thousand euros in my account. I plan to earn a record €10,000 from trading and withdraw it from my account. I'll honestly tell you that it's not that simple and it's not every day that I'm so lucky :) Sometimes I trade in the red and I can't get out of this situation. Then I need to pause and come to the computer later. Taking a break sometimes helps. By the way, you can also trade from your phone. The same profile works with both a PC and a tablet or smartphone, no problem :) I prefer not to do such money matters on my phone, so I only log in from my computer, it's more convenient for me. Overall, I recommend this terminal.