Main FX: customer reviews about the company’s performance in 2023
Review of Main FX: company analysis
Main FX claims to provide everyone with a key to financial prosperity and help achieve good incomes. However, besides its own advertising, this organization has nothing concrete. There are not so many reviews about Main FX online, but the available evidence is clearly unfavorable for this broker. Users accuse it of financial manipulations and recommend turning to another intermediary. Let’s examine how dishonest this financial intermediary is.
Information about Main FX: what do we know?
Unlike real brokers who adhere to a client-oriented strategy, Main FX conceals its facts. The company does not disclose:
- the date of the project’s foundation (no roadmap, award statistics),
- the names of the founders and top managers, they prefer to remain in the shadows,
- contact information for contacting support and promptly resolving current issues.
Reviews from real Main FX clients have recently appeared, indicating insufficient work experience. Checking the domain history confirmed this. The main-fx.club website was launched in July 2022.
Among all available communication channels with customer support, there is only a feedback form. The broker pays no attention to phone support, the presence of pages on social networks, online chat. According to traders’ reviews, the company slowly responds to customer requests and does not rush to provide assistance.
Licensing: what you need to know?
We did not find scanned copies of legal documents confirming the legality of Main FX’s operation on the platform. This is concerning. Additionally, the broker does not disclose its legal address. However, the User Agreement informs potential clients that the company operates in accordance with the laws of Saint Vincent and the Grenadines. This island nation is located in an offshore zone.
In this area, there is no supervision of brokers’ activities. Even if Main FX were indeed registered in the local legal entity database, it would not change anything.
The financial regulator of Saint Vincent and the Grenadines advises traders to pay attention to the legal requirements of their own country when selecting a broker. It should be noted that the company is focused on working in the CIS countries, although it ignores the rules of the Central Bank of the Russian Federation, as well as regulators in Kazakhstan and Belarus. Main FX is not licensed in these countries and operates without one. Scammers avoided being blocked by Roskomnadzor and blacklisted only because the broker’s operating period is too short, and there are not yet many negative reviews.
Earning Methods Offered by Main FX
Main FX presents itself as an international investment broker that allows traders to implement various trading strategies. The company praises its branded platform but does not even specify its technical characteristics. According to reviews, the software is susceptible to manipulations. Scammers use it to stage a cheap show for users.
There is no detailed information about contracts on the platform, and only the following has been established:
- access to trading currencies, cryptocurrencies, commodities, indices, precious metals, energy resources, etc.,
- access to a demo account for risk-free practice,
- narrow spreads from 0.1 pips on the EUR/USD currency pair,
- multilingual customer support,
- low commissions and no requotes,
- instant order execution.
The company actively advertises passive income methods offered on the platform (copy trading, PAMM, and MAM). However, Main FX does not even provide information on the minimum investment size and other cooperation conditions. They promote their offer through an affiliate program. All necessary information must be obtained from project managers on an individual basis.
Users note in their reviews that the fictitious broker lacks financial transparency. The company does not even disclose information about supported payment systems, transfer crediting times, payout times.
Reviews from Real Clients
There are few reviews about Main FX, but the opinion about this dwarf broker is unequivocal. Users emphasize that there are no earning opportunities on this platform. Scammers quickly drain money from clients’ wallets and then stop responding.
Investigation of Fraudulent Activities
Main FX attracts newcomers with attractive commercial offers, promoting each potential victim individually. Scammers analyze the trader to understand what pressure points to exploit and how to get additional investments.
The company offers qualified support and recommends installing AnyDesk for accelerated learning. This application for remote access essentially has nothing to do with fraud. However, scammers have found a way to use it for their selfish purposes. They gain unlimited access to the trader’s account and independently withdraw funds to zero. The trader then has no way to prove that Main FX stole the money.
Independent Inspection Summary
Main FX offers no advantages, the company is fake and operates without the necessary documents. It is unreliable, as confirmed by reviews from real clients. It would be better to find another financial intermediary to avoid risks to your capital.