Introduction
Main Group FX is an online trading brand that is aiming to be a strong proponent of transparency.
Moreover, the broker is currently licensed by ASIC and that means that the highest standards of safety for clients’ funds are ensured.
It keeps capital fully segregated in major international banks, so traders can focus solely on their trading performance without any disturbances.
Working with this brand also comes with multiple benefits in terms of asset coverage, account types, education, and customer support. Let’s take them one by one and see how Main Group FX manages to stand out from competitors.
If you are asking yourself ‘should I start trading online in 2023?’, we hope to have an answer for you.
Assets to trade
Judging by the asset coverage, with MainGroupFX, all types of traders can find what they need for an optimal trading experience. This brand offers CFDs based on currency pairs, stocks, indices and commodities.
This provides endless optionality when it comes to what assets you want to trade on. You can choose one instrument and constantly craft your trading system to increase accuracy. Alternatively, you are also able to design a more comprehensive portfolio and keep risk diversified.
In terms of trading costs, the broker charges spreads, swaps and commissions. However, in comparison to other brokers that we have checked, we are satisfied with the spreads that are listed on the website.
Silver account holders have spreads as low as 1.2 pips, while platinum account holders access a 0.8 pip spread bar and for VIP accounts the spreads go as low as zero.
Signing up
The signup process is pretty straightforward, so the only thing left for you to do is decide on an account type that you want to open. Main Group FX introduces Silver, Gold, Platinum and VIP accounts, with an aim to satisfy a global audience of traders.
We believe that providing both affordable and feature-rich trading accounts is an edge. If you want to test live trading conditions, $250 is all that it takes to open a Silver account.
Also, traders are not forced into putting capital at risk from the beginning. They have access to virtual funds trading, in case they want to test a strategy or improve performance.
Traders who open an account benefit from trading education and market analysis resources. They can learn the basics and constantly stay updated with the variables that are influencing asset prices.
Customer support
To keep communication channels open at all times throughout the week, Main Group FX offers a comprehensive customer support service.
You can reach out to one of their representatives by using email, phone, or the live chat feature. This broker truly is active on several social media platforms, where it shares regular updates worth noticing.
Final thoughts
The trading conditions facilitated by Main Group FX look good enough for 2023. You must also consider that this is an ASIC-regulated CFD broker and that means many benefits when it comes to security, transparency and professionalism.
Overall, we believe that the trading offer is competitive and flexible enough to address all sorts of traders. If you want to further analyze trading conditions, feel free to check the broker’s website.