Score

1.42 /10
Danger

ADG Markets

United States

2-5 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.27

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Broker Information

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Company Name

ADG Markets Limited

Company Abbreviation

ADG Markets

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
ADG Markets · Company summary

General Information & Regulation

ADG MARKETS is an online foreign exchange trading platform, allegedly registered in the United States, offering a series of products to institutional and retail clients. ADG MARKETS claims that it is regulated by NFA with regulatory license number 0542932. However, after checking on the NFA official website, we found ADG MARKETS is posing as a legit broker. Actually, it is not subject to any regulation.

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Market Instruments

ADG MARKETS advertises that it offers more than 500 products, and tradable financial instruments available include Stock Index, Precious Metals, Energy Exchange.

Minimum Deposit

In terms of minimum deposit, ADG MARKETS does not make this part clear. It seems that ADG MARKET only allows its clients to know its account opening amount, which means you have to register or log in your trading accounts to get a clue about this part.

Leverage

No trading leverage information is disclosed. Unless you log in your trading accounts, you can know leverage level offered by this broker. Since leverage can amplify gains as well as losses, traders should take extra caution when using it.

Spreads & Commissions

ADG MARKETS only mentions that it offers ultra-low spreads, but does not specify its spreads on particular instrument. When you click the “spread” on its website, a log-in page comes out, which is quite weird. Unregulated brokers always love to hide their real trading fees to scam traders.

Trading Platform Available

When it comes to trading platforms available, ADG MARKETS offers PC trading platform, Mac trading platform, MT4 Accounts Manage, Web Terminal, iPhone Terminal and Android Terminal.

Deposit & Withdrawal

ADG MARKETS does not tell us what payment methods it offers for traders to fund their trading accounts. In most cases, most brokers supports Credit Card/Debit Card (MasterCard, Visa, Maestro), Wire Transfer, as well as some online payment processors like Skrill and Neteller.

Customer Support

ADG MARKETS does not offers a dedicated customer support service, and they can only can be reached through email: services@adgmarkets.com.

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