Reported as a scam / unregulated
Why Main Group FX is on the register
It claims to provide trading services such as foreign exchange, stock indices, commodities, precious metals, etc. It is the trade name of Main Group FX Pty Ltd, which is an authorized representative of MGF Capital Pty Ltd, Australian Securities and Investments Commission (ASIC) number 421246, authorized representative number 001301900. Upon investigation, we have found the information of its main card and authorized representative in Australia ASIC, but the qualification of the authorized representative has been canceled on September 21, 2023. Obviously, the platform is not regulated at all, so please do not make deposit transactions. The truth is that Main Group FX is not regulated by any regulators. Letting it hold or control investors’ money is unsafe, and the money can not be protected by any laws. Main Group FX is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.