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FX Sharp
Below-average editor score Caution 2026-09-30

At least one of the regulation, business model or risk control dimensions has serious gaps. Read the full report and weigh the risks yourself.

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Macro Global Markets Review · 2026

Licensed · ASIC Broker

Review · 2026 Mutsamudu, Comoros · Founded 2010 · Operating as Macro Markets Solutions Limited

License verified 30 Sep 2026 Next re-scan Dec 2026 16+ years in operation Leverage 1:5 / 1:1000

Key facts

Checked against ASIC register
Regulation
ASIC, FSA, AOFA
Headquarters
Mutsamudu
Business model
STP/ECN
Registration
Comoros
Min. deposit
—
Max leverage
1:5 / 1:1000
Spread from
0.1 pip
Founded
2010
Legal entity
Macro Markets Solutions Limited
Website
macrofx.com
Support email
info@macrofx.com
Phone
+1 877 939 8491
Influence index
D · Australia

Active licenses

Checked on the regulator's public register, not the broker's website.

3 active
  • ASIC AU
    Active
    Entity
    Macro Global Markets Pty Ltd
    License ID
    363972
    Type
    Australian Financial Services Licence (AFSL)
    Checked
    30 Sep 2026
    Tier
    Tier 1 Full investor protection
  • FSA SC
    Active
    Entity
    Macro Markets Solutions Ltd
    License ID
    SD232
    Type
    Securities Dealer
    Checked
    30 Sep 2026
    Tier
    Tier 3 Rules on paper, no compensation scheme
  • AOFA KM
    Active
    Entity
    Macro Markets Solutions Limited
    License ID
    L16030/MMSL
    Type
    OTC Derivatives and Leveraged Spot FX
    Checked
    30 Sep 2026
    Tier
    Tier 4 Registration only, no real oversight

Score breakdown

Six dimensions, weighted per the published rubric.

Methodology →
Regulation 2.3/10
Weight 25%
License 3.5/10
Weight 20%
Risk Control 1.5/10
Weight 20%
Business 3.5/10
Weight 15%
Software 2.0/10
Weight 10%
Influence 0.0/10
Weight 10%

Strengths

5
  • ASIC-regulated Australian affiliate holds AFSL 363972
  • Seychelles FSA register lists Macro Markets Solutions Ltd
  • MT4 support with STP execution and an ECN account option
  • Spreads advertised from 0.1 pip on the official site
  • Group operating history dates to 2010

Weaknesses

4
  • Retail business was closed in February 2026
  • AOFA license claimed but unverified in public records (scan 2026-09-18)
  • No verified investor compensation scheme for the Comoros entity
  • Official site says losses can exceed the initial deposit

Fees & trading

Leverage 1:5 / 1:1000

Trading platforms

  • MT4

Account types

  • STD
  • ECN
Full review 8 min read Updated 30 Sep 2026

Macro Global Markets review 2026: MT4 forex and CFD brand with retail accounts closed in February 2026

Macro Global Markets is a Mutsamudu, Comoros-based STP/ECN forex and CFD brand founded in 2010. Its Comoros entity claims AOFA licence L16030/MMSL, while related group entities hold ASIC AFSL 363972 and Seychelles FSA licence SD232; the forex site supports MT4 with STD and ECN accounts. Group entities serve professional and institutional clients, while the discontinued retail site covered 30+ forex pairs, indices, commodities, and crypto CFDs.

What is Macro Global Markets?

Macro Global Markets is a forex and CFD brand linked to the wider Macro group, which traces its operating history to 2010. The retail entity is based in Mutsamudu, Comoros, under Macro Markets Solutions Limited. Its former retail model used STP (Straight Through Processing) and ECN (Electronic Communication Network) account labels. The brand announced that its retail business would end, with client accounts scheduled to close by 14 February 2026.

The group structure matters because several related legal entities use similar Macro names. The Australian business, Macro Global Markets Pty Ltd, serves professional and institutional clients under a separate regulatory framework. A Seychelles entity also operates within the group. Readers should therefore match the website, legal entity, and license number before treating any group license as protection for a specific account.

Which regulators license Macro Global Markets?

Regulation is split across related group entities rather than one universal license. FXSharp verifies Macro Global Markets Pty Ltd under ASIC (Australian Securities and Investments Commission), Australian Financial Services Licence 363972. It also records Macro Markets Solutions Ltd under the Seychelles FSA (Financial Services Authority), Securities Dealer Licence SD232. These licenses relate to their named legal entities and should not automatically be transferred to another contracting company.

The Comoros retail entity disclosed an AOFA (Anjouan Offshore Finance Authority) license, number L16030/MMSL. FXSharp's verification could not confirm that license in a public register on 18 September 2026. This distinction is central: a disclosed license claim is not the same as a verified public-register entry. FXSharp therefore treats the Comoros license status as unverified while recognizing the separate Australian and Seychelles group licenses.

Trading platforms

Trading platforms at the retail entity center on MT4 (MetaTrader 4). MT4 supports charting, order entry, automated strategies, and Expert Advisors, which are scripts that can automate trading rules. FXSharp could not verify a live MetaQuotes server for the brand, so platform support is listed without independent server confirmation. No verified MT5 or cTrader support was found.

The retail closure changes how platform information should be read. Historical MT4 access does not establish that new retail accounts remain available after February 2026. Related Australian operations use separate infrastructure for professional and institutional clients. Platform availability therefore depends on the exact legal entity and current client classification.

Red flags and warning signs

Red flags here are structural verification issues, not a claim of fraud. The first is the retail closure notice, which ended the earlier client-account model in February 2026. The second is the unverified AOFA license claim attached to the Comoros entity. The third is the broker's own risk wording that losses can exceed the amount deposited when leveraged derivatives are traded.

  • Retail business discontinued: client accounts were scheduled to close by 14 February 2026.
  • Comoros license unverified: AOFA number L16030/MMSL was not confirmed in FXSharp's public-record check.
  • No verified compensation scheme: FXSharp found no investor compensation arrangement for the Comoros entity.
  • Losses can exceed deposits: the official risk disclosure states this possibility for derivative trading.

These points do not prove misconduct. They describe the account-status and regulatory-verification gaps a reader needs to resolve before relying on old retail materials.

Is the broker on any regulator warning lists?

Regulator warning-list status is different from a weak or unverified license claim. This review did not identify a Tier-1 regulator warning against the brand. It also did not record a revoked or suspended Tier-1 license for the related Australian entity. Absence from a warning list does not verify the separate AOFA claim.

Warning lists can change after a review date. A current check should use the exact legal entity rather than only the trading name. For this group, the relevant names include Macro Global Markets Pty Ltd, Macro Markets Solutions Ltd, and Macro Markets Solutions Limited. Matching the entity name prevents unrelated firms with similar names from being confused with the broker.

What do user complaints say?

User complaints require aggregate data large enough to support a pattern. FXSharp found no verified user-rating sample or sufficiently large complaint count. It therefore does not assert recurring withdrawal, account-freeze, pricing, or support problems as established facts. Individual forum comments should not be treated as representative without corroboration.

The clearest customer-facing event is the retail closure itself. The broker's notice directed existing clients to follow settlement instructions sent by email. That is an operational fact, not a complaint statistic. Readers reviewing older testimonials should separate experiences from the former retail business from current group operations.

How to verify the broker for yourself

Verification means matching a legal entity, license number, regulator, and website before relying on a regulatory claim. The process is more important for groups that operate several entities across different jurisdictions. A valid license for one company does not automatically cover accounts contracted with another company.

  1. Check the account agreement for the exact contracting entity name.
  2. For Australia, search ASIC for Macro Global Markets Pty Ltd and AFSL 363972.
  3. For Seychelles, search the FSA register for Macro Markets Solutions Ltd and confirm SD232.
  4. For Comoros, search AOFA for Macro Markets Solutions Limited and L16030/MMSL.
  5. Compare the regulator record with the website domain and contact details shown in the agreement.

If the names or numbers do not match, the regulatory status of that account remains unresolved until the contracting entity is confirmed.

How does customer support work?

Customer support uses email and telephone contact. The listed email is cs@macroglobalmarkets.com, and the toll-free number is +1 877 939 8491. The closure notice told retail clients to use the support channel for settlement questions. No independently verified response-time standard was found.

Support contact details do not establish regulatory coverage. A support agent can explain an account, but only the regulator's public record can verify a license. For a closed retail operation, settlement correspondence should also identify the legal entity responsible for the account.

Where is the broker actually based?

Headquarters and legal registration differ across the group. The retail entity, Macro Markets Solutions Limited, is listed in Mutsamudu, Comoros. The Australian affiliate operates from Sydney and holds AFSL 363972. The Seychelles entity is separately registered and licensed under its own corporate name.

This multi-entity structure explains why a single headquarters label can be misleading. A trader dealing with the Comoros entity does not automatically receive the protections attached to the Australian license. The operative location is the jurisdiction named in the client's legal agreement, not the most prominent group office.

Account types and bonus terms

Retail account types are STD and ECN. An ECN account routes orders through an electronic network model, while an STD account is the standard retail configuration. FXSharp also lists spreads from 0.1 pip, where a pip is a standard unit of forex price movement. Maximum leverage reached 1:1000 in the recorded retail offering.

No verified bonus terms were found, so no withdrawal condition or trading-volume requirement is attributed to the broker. Minimum deposit and payment methods are also not verified. Those omissions matter because old promotional pages can outlive the account terms they once described.

Recovery options if you've already deposited

Recovery options depend on the payment method, contracting entity, and account status. The February 2026 closure notice said clients would receive instructions for an orderly settlement. FXSharp did not document a verified pattern of unpaid withdrawals, so this section does not assume that funds are missing. It addresses the procedure for unresolved balances after a closure.

Useful records include account statements, deposit receipts, withdrawal requests, emails, and the client agreement. Card issuers and banks have their own dispute windows, while regulatory complaint routes depend on the licensed entity. The Comoros entity has no verified investor compensation scheme, which limits the protections that can be assumed from that jurisdiction alone.

FeatureMacro Global Markets Information
Founded2010
HeadquartersMutsamudu, Comoros
Disclosed regulatorsASIC 363972, Seychelles FSA SD232, AOFA L16030/MMSL
Registration verifiedASIC and Seychelles group entities verified; AOFA claim not verified
Trading platformsMT4
Minimum depositNot disclosed on official site
Maximum leverage1:1000
Account typesSTD, ECN
Islamic accountNot disclosed on official site
Customer supportEmail and telephone
Deposit methodsNot disclosed on official site

Is Macro Global Markets safe? Honest assessment

Macro Global Markets presents a mixed regulatory picture because verified group licenses sit beside an unverified Comoros license claim. The Australian affiliate holds AFSL 363972, and the Seychelles group entity is recorded under SD232. The former retail operation, however, announced that client accounts would close in February 2026. Historical MT4, leverage, and spread information therefore should not be read as proof of current retail availability.

The main unresolved point is entity-level protection. FXSharp gives the broker an overall score of 2.3/10, driven by limited verified retail protections and the offshore license gap. No Tier-1 warning was found in FXSharp's check, and the findings do not establish fraud. The practical distinction is whether a specific account belongs to a verified regulated entity or the Comoros company whose AOFA claim was not confirmed.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.

FXSharp Editorial Team
Published 03 Oct 2026 · Last verified 30 Sep 2026 · Sources: ASIC register, FSA register, AOFA register, macrofx.com

Frequently asked questions

Macro Global Markets has regulation linked to separate group entities. FXSharp verifies Australian affiliate Macro Global Markets Pty Ltd under ASIC AFSL 363972 and lists Seychelles entity Macro Markets Solutions Ltd under FSA licence SD232. The Comoros retail entity claimed AOFA licence L16030/MMSL, but that claim was not confirmed in the public-register scan dated September 18, 2026.
Macro Global Markets is not established as a scam by FXSharp's research. The review instead identifies a mixed structure: verified Australian and Seychelles group licenses, an unverified AOFA claim for the Comoros retail entity, and a retail closure announced for February 2026. Those facts support caution about entity-level protection without asserting documented fraud.
Macro Global Markets had no Tier-1 regulator warning recorded in FXSharp's check. The review also found no revoked or suspended Tier-1 license for the related Australian entity. The unresolved issue is different: AOFA licence L16030/MMSL, claimed by the Comoros entity, was not verified in the public register during the September 18, 2026 review.
Macro Global Markets license verification starts with the exact contracting company. Search ASIC for Macro Global Markets Pty Ltd and AFSL 363972, then check the Seychelles FSA for Macro Markets Solutions Ltd and SD232. For the Comoros entity, search AOFA for Macro Markets Solutions Limited and L16030/MMSL. The legal name and license number should match the client agreement.
Macro Global Markets fund recovery depends on the account entity, payment method, and status of the balance. The February 2026 closure notice directed retail clients to settlement instructions sent by email. Keep account statements, payment receipts, withdrawal requests, and correspondence. Bank disputes, card chargebacks, regulator complaints, or civil claims have different eligibility rules and time limits.

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