ANSWER No, Main Group FX is not a legit forex broker.Main Group FX claims to be a trading name for Main Group FX Pty Ltd, with ACN 665 904 236 and ABN 44 665 904 236 from the Australian Securities and Investments Commission (ASIC). However, the AR license 001301900 associated with this company has been ceased, rendering the broker currently unregulated.Therefore, entrusting Main Group FX with funds and personal information could pose risks of fraud and identity theft. To mitigate such risks, it is advised to steer clear of unlicensed brokers like Main Group FX and choose those strictly regulated.
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