MainGroupFX
MainGroupFX Review
MainGroupFX embraces a systematic approach when it comes to online trading, addressing client demands flexibly. This CFD broker promises several important advantages, including broad asset coverage, mobile trading conditions, comprehensive market analysis, and strong security.
As a new trading brand, it deserves the attention of the online trading community, mainly because the bulk of conditions it assembled look quite attractive. First and foremost, this is a regulated brand with a license to operate from ASIC (the Australian Securities and Investment Commission), and that is something you should not underestimate the importance of. Thus, working with MainGroupFX can be a good solution for some of our readers, and that’s why we conducted this review.
Markets to trade
Convenience comes from the variety of markets you can trade with the broker. CFDs based on forex, indices, metals and commodities are available from a single account. That implies more freedom when creating a list of assets to watch every day, taking into account volatility, costs and trending/ranging conditions.
Speaking of charges, MainGroupFX has a flexible spread tiering, based on the account type chosen by each trader. Commissions and overnight swaps are the other costs that should be mentioned, since they influence your bottom line in the long run. Liquid and popular instruments carry tighter spreads, as well as accurate execution.
Your trading account
Traders who are ready to go ahead with an account opening have only a few steps to complete. The demo account is the easiest to open since it doesn’t require verification. However, trading with virtual funds is a no-brainer with this broker, since the process truly is simple.
For a live account, you must register, verify your ID, select a plan (Silver, Gold, Platinum, or VIP), make a deposit (using credit cards or bank wires) and then you can start trading.
If you need guidance or help in choosing the right account for you, MainGroupFX offers live chat customer support, so interacting with one of their agents is only a few minutes away. The broker seems to be paying close attention to providing adequate customer service, and you can reach them via phone, WhatsApp, or email as well.
Learn about trading
Since many newcomers have joined the financial markets during the last couple of years, there are still a whole lot of traders who need guidance. Also, learning never stops, which implies traders are favored when they can access updated information in various forms.
With MainGroupFX clients enjoy live seminars, daily market analysis, insights, news and other resources that can be helpful. All traders holding an account can access these tools, regardless of their initial deposit.
Final thoughts
MainGroupFX shows commitment to ensuring tailored trading conditions for its audience and all the features granted are proof of that. The signup process is simple, deposits can be made securely and even if you need trading guidance, resources on that front are available. Residents of some countries might be restricted from opening accounts due to local regulations, but other than that, feel free to open an account with them.
