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AGM Markets

Cyprus|5-10 years|
Regulated in Cyprus|Suspicious Regulatory License|MT4/5 full license|Regional Brokers|Cyprus Market Making(MM) Revoked|High potential risk|

http://www.agmmarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
AGMMarkets-Demo MT4
Server Location Netherlands

Contact

+357 25 103 760
support@agmmarkets.com
http://www.agmmarkets.com/
https://www.facebook.com/AGMMarkets

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

More

Sanction

CY CYSEC
2022-06-17
CYSEC Board Decision
AGM Markets
DUALIX

Sanction

CY CYSEC
2022-06-07
CYSEC Board Decision
AGM Markets
DUALIX

Contact number

English

+357 25 103 760

Broker Information

More

Company Name

AGM Markets Ltd

Company Abbreviation

AGM Markets

Platform registered country and region

Cyprus

Company website
Twitter
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 145/11) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

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AGM Markets · Company Summary

General Information& Regulation

AGM Markets are an online financial trading platform and multi asset broker founded in 2011, is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Accordingly, it is authorized to provide its services across the EU under the MiFID regulations.

Market Instruments

AGM Markets offers over 55 different instruments to trade, including over 44 currency pairs and 2 commodities. Tradable assets available on AGM Markets is pretty limited.

Minimum Deposit

AGM Markets offers two regular accounts: the Mini account and the Standard account. There is a significant difference in the minimum initial requirements set, the minimum deposit for the Mini account from $250, for the Standard account from $1,000. All accounts offer personal manager options, auto trading, fast market execution, as well as educational resources.

Leverage

The maximum leverage with this broker is offered on the MT4 platform and is 1:200, which is average, yet most broker offer more. Higher leverage may not only multiply traders earnings on a small deposit, but also lead to heavy losses in excess of the initial deposit.

Spreads & Commissions

Just like most brokers, AGM Markets takes a fee from the spread. AGM Markets minimum spread for trading EUR/USD is 1.3 pips, which is quite in line with the industry standards (usually between 1.1 pips and 1.5 pips). Additionally, AGM Markets does not charge any fees for inactive accounts.

Trading Platform

AGM Markets is one of the few brokers that offer both of the MetaTrader platforms:MT4 and MT5. AGM Markets also offer mobile apps for Android and iOS, easier for traders to keep an eye on and execute trades while they are on the move.

Deposit & Withdrawal

AGM Markets offers its clients the following payments methods: bank wire, credit/debit cards and some popular e-wallets-Skrill, sofort, CASHU, POLi, QIWI and webmoney.

Customer Support

The AGM Markets customer support, as every decent customer support, is open 24 hours 5 days in a week and can be contacted via phone, e-mail or live chat. And customer support is multi-lingual to serve a wide range of clients worldwide.

News

What You Should Know About Forex Scams - WikiFX

NewsWhat You Should Know About Forex Scams - WikiFX

2022-04-28 15:34

WikiFX is posted this artilce to help the beginners to know how to identify scam online trading brokers.

WikiFX
2022-04-28 15:34
News
What You Should Know About Forex Scams - WikiFX

User Reviews

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User comment

2

Comments

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云儿
more than one year
It's quite clear now that AGM Markets was a scam and I regret ever trusting them with my money. Now they're selling their domain names and my money is nowhere to be found. I urge other traders to stay away from scam companies such as AGM Markets and to do their due diligence before depositing money into any platform.
2023-03-23 10:17
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0
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随遇而安6812
more than one year
oh my gosh, this company AGM Markets has put its domain name on sale for 11k. However, I didn't seen any exposures on wikifx, which could be something nice, since it appears that no one had been scammed.
2023-02-15 17:35
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