Brief Look at Main Group FX
Main Group FX is a scam broker that offers trading in various financial instruments, including Forex, stock indices, commodities, precious metals, and more.
However, its Australian Securities and Investments Commission (ASIC) license was revoked on September 21, 2023, rendering it unregulated and unable to provide brokerage services legally.
The broker's website domain was last updated on March 29, 2023, but its exact registration date is undisclosed. MGF CAPITAL PTY LTD, the alleged parent company, has sold AR licenses to over 20 other companies, including Main Group FX Pty Ltd. These companies are not directly affiliated with MGF CAPITAL PTY LTD and have been implicated in deceptive activities.
It is strongly advised to avoid investing with Main Group FX Pty Ltd. The broker has been identified as a scam by various online sources, including members of the crypto community.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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