About MACRO
Who Is MACRO?
MACRO is an online brokerage brand operating under the Macro Group, a financial services firm registered in Australia and founded on August 2, 2018. The group presents itself as a multi-asset brokerage and asset manager catering to global clients, with its primary trading platform at macrofx.com. While it claims headquarters in Sydney, its registered address is in Hamchako, Mutsamudu, Anjouan, Union of Comoros, reflecting a complex corporate structure.
Regulation and Safety
MACRO holds three regulatory licenses: an ASIC Market Making License (MM) in Australia, an HKGX Precious Metals Trading license in Hong Kong, and an FSA Derivatives Trading License (EP) in Seychelles. The ASIC and HKGX licenses are generally considered reputable, though the Seychelles FSA license is classified as offshore regulation. This mix suggests a tiered regulatory approach, which may offer partial protection but also introduces jurisdictional complexity. FXCanary’s Scam Risk Score is 23/100 (low risk), indicating a relatively favorable risk assessment.
Traders should note that while ASIC regulation provides strong oversight for Australian clients, the offshore license may serve clients from other regions with less stringent requirements. The presence of an unregulated entity in the Comoros also warrants caution regarding fund segregation and dispute resolution.
Account Types
MACRO offers three account types: Standard, ECN, and Cent. The Standard account is likely tailored for retail traders with no minimum deposit disclosed, while the ECN account probably offers direct market access with tighter spreads. The Cent account is designed for beginners or those wishing to trade with micro lots. Leverage details are not specified, which may depend on the client’s jurisdiction and account type.
Given the lack of specific figures, traders are advised to contact MACRO directly or consult the account opening documents for exact conditions. The broker’s range suggests it aims to accommodate different trading styles and capital levels.
Trading Instruments
MACRO covers a diverse set of asset classes: Forex, Metals, Commodities, Indices, and Cryptocurrencies. This multi-asset offering allows traders to diversify within a single account. The inclusion of cryptocurrencies indicates a nod to modern demand, though the specific offerings (e.g., number of crypto pairs) are not detailed.
For forex traders, major, minor, and possibly exotic pairs are likely available given the broker’s focus on global clients. Commodities and indices are standard for CFD brokers, and metals may include gold and silver. The breadth of instruments positions MACRO as a full-service retail broker.
Funding and Support
No specific funding methods are mentioned in the known data, but typical brokers offer bank transfers, credit cards, and e-wallets. MACRO’s social media presence on Facebook, Instagram, LinkedIn, and YouTube suggests multiple channels for customer support and updates. The Australian headquarters might imply English-language support, but additional languages may be available.
Traders should verify deposit and withdrawal policies before opening an account, especially given the mixed regulatory landscape. The absence of explicit funding details in public records is a point to clarify with the broker directly.
Overview compiled by FXCanary from regulatory records and public data. full MACRO review