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Score

1.56 /10

Danger

AGORA direct

Item: AGORA direct
Rating: 1.56

Germany

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.agora-direct.com/en

Influence

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Score

Regulatory Index0.00

Business Index7.42

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

40G

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Broker Information

Company Name

AGORA direct Ltd

Company Abbreviation

AGORA direct

Platform registered country and region

Germany

Company website

Facebook

https://www.facebook.com/agoradirect

Instagram

https://www.instagram.com/agoradirect/

YouTube

https://www.youtube.com/@agoradirect-onlinebroker7569

Company summary

Pyramid scheme complaint

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AGORA direct · Company summary

AGORA direct Review Summary
Founded	2005
Registered Country/Region	Germany
Regulation	FCA (Suspicious clone)
Trading Products	Shares, ETFs, Options, Futures, CFDs, Bonds, Commodities, Cryptos, Funds
Demo Account	✅
Leverage	/
Trading Platform	Trader Workstation
Minimum Deposit	€0
Customer Support	Phone: +49 30 789 59 750
Customer Support	Email: info@agora-direct.de

AGORA direct Information

In 2005, AGORA direct was founded in Germany. It gives you access to more than 150 global exchanges and a comprehensive choice of trading tools, such as stocks, ETFs, CFDs, options, futures, and cryptocurrencies. The company says it is authorized by the UK's Financial Conduct Authority (FCA), but the real licensed institution is different. AGORA direct is categorized as a suspicious clone, which means it falsely pretends to be regulated. The company does, however, stress cheap fees, openness, and wide trading access through its Trader Workstation platform.

Pros and Cons

Pros	Cons
Access to 150+ global exchanges	Suspicious FCA clone license
Multiple account types	No support for Islamic accounts
Low and transparent fees with no inactivity charges	Complex fee structure
Professional trading platform (Trader Workstation)	No MT4/MT5
No minimum deposit	Limited payment methods
No deposit fees

Is AGORA direct Legit?

The UK's Financial Conduct Authority (FCA) lists Agora–Direct Limited as a regulated business with license number 706273. However, the company shown now has the status of “Suspicious Clone.”

Regulatory Status	Suspicious clone
Regulatory Authority	Financial Conduct Authority (FCA)
Regulated by	United Kingdom
Licensed Institution	Agora–Direct Limited
License Type	Investment Advisory License
License Number	706273

What Can I Trade on AGORA direct?

AGORA direct has a lot of different financial goods and services, such as shares, ETFs, options, CFDs, futures, and funds. The company stresses that trading should be open and cheap, with no hidden costs and access to more than 150 exchanges around the world.

Trading Products	Supported
Shares	✔
ETFs	✔
Options	✔
Futures	✔
CFDs	✔
Bonds	✔
Commodities	✔
Cryptos	✔
Funds	✔
Forex	❌
Indices	❌

Account Type

AGORA direct has a number of real account types that are designed for different types of clients. It also has a demo account for practicing, but it doesn't have Islamic accounts.

Account Type	Suitable for
Individual / Joint Account	Retail traders, investors
Corporate / Institutional	Companies, funds, financial institutions
Fund Account	Investment and mutual funds
Asset Manager / Advisor	Portfolio managers and financial consultants
Family / Family Office	Family asset managers and UHNW individuals
Prop Trader Account	Professional proprietary traders

AGORA direct Fees

AGORA direc has straightforward and low-cost fee structures that are much lower than those of many other companies in the same field. There are no costs for inactivity or administration, and you can make free deposits and your first SEPA withdrawal per month.

Fees	Amount
Account Management	0
Inactivity Fee	0
Minimum Deposit	0
Deposits (SEPA)	0
First Withdrawal (SEPA/month)	0
Additional Withdrawals (SEPA/month)	May incur a fee; varies
Currency Conversion	Currency-neutral trading supported (no forced FX)
Dividend & Corporate Actions Processing	Mostly free; exceptions have pass-through or third-party fees
Depository Receipt Fees	Up to USD 0.03/share (ADR, GDR, etc.)
Conversion of Depository Receipts	Up to USD 500, depending on timing
Trade Amendments	Generally free
Option & Future Exercise	No AGORA fee; minor exchange/3rd-party charges may apply
Failed Trades / Trade Reversals	Exchange pass-through fees, up to USD 900
Monthly / Annual Reports	Free (up to 7 years); archive access may incur fees

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Trader Workstation	✔	Desktop, Tablet, Mobile, Browser	Professional and active traders
MetaTrader 4	✘	–	Beginners
MetaTrader 5	✘	–	Experienced traders

Deposit and Withdrawal

There are no fees for deposits with AGORA direct™, and the minimum deposit amount is €0. Clients can add money to their account by making bank transfers, even from other institutions' existing custodial accounts.

Payment Method	Minimum Deposit	Deposit Fees	Deposit Time
Bank Transfer (SEPA)	€0	0	Typically 1–2 business days
Custody Account Transfer	€0	0	Varies by originating bank

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Warning: Low score, please stay away! 2

Previous Detection : 2026-01-27

This broker lacks valid forex regulation. Please be aware of the risk!

The current information shows that this broker does not have a trading software. Please be aware!

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AGORA direct

Germany

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MT4/5

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Time Machine

AGORA direct · Company summary

AGORA direct Review Summary
Founded	2005
Registered Country/Region	Germany
Regulation	FCA (Suspicious clone)
Trading Products	Shares, ETFs, Options, Futures, CFDs, Bonds, Commodities, Cryptos, Funds
Demo Account	✅
Leverage	/
Trading Platform	Trader Workstation
Minimum Deposit	€0
Customer Support	Phone: +49 30 789 59 750
Customer Support	Email: info@agora-direct.de

AGORA direct Information

Pros and Cons

Pros	Cons
Access to 150+ global exchanges	Suspicious FCA clone license
Multiple account types	No support for Islamic accounts
Low and transparent fees with no inactivity charges	Complex fee structure
Professional trading platform (Trader Workstation)	No MT4/MT5
No minimum deposit	Limited payment methods
No deposit fees

Is AGORA direct Legit?

The UK's Financial Conduct Authority (FCA) lists Agora–Direct Limited as a regulated business with license number 706273. However, the company shown now has the status of “Suspicious Clone.”

Regulatory Status	Suspicious clone
Regulatory Authority	Financial Conduct Authority (FCA)
Regulated by	United Kingdom
Licensed Institution	Agora–Direct Limited
License Type	Investment Advisory License
License Number	706273

What Can I Trade on AGORA direct?

Trading Products	Supported
Shares	✔
ETFs	✔
Options	✔
Futures	✔
CFDs	✔
Bonds	✔
Commodities	✔
Cryptos	✔
Funds	✔
Forex	❌
Indices	❌

Account Type

AGORA direct has a number of real account types that are designed for different types of clients. It also has a demo account for practicing, but it doesn't have Islamic accounts.

Account Type	Suitable for
Individual / Joint Account	Retail traders, investors
Corporate / Institutional	Companies, funds, financial institutions
Fund Account	Investment and mutual funds
Asset Manager / Advisor	Portfolio managers and financial consultants
Family / Family Office	Family asset managers and UHNW individuals
Prop Trader Account	Professional proprietary traders

AGORA direct Fees

Fees	Amount
Account Management	0
Inactivity Fee	0
Minimum Deposit	0
Deposits (SEPA)	0
First Withdrawal (SEPA/month)	0
Additional Withdrawals (SEPA/month)	May incur a fee; varies
Currency Conversion	Currency-neutral trading supported (no forced FX)
Dividend & Corporate Actions Processing	Mostly free; exceptions have pass-through or third-party fees
Depository Receipt Fees	Up to USD 0.03/share (ADR, GDR, etc.)
Conversion of Depository Receipts	Up to USD 500, depending on timing
Trade Amendments	Generally free
Option & Future Exercise	No AGORA fee; minor exchange/3rd-party charges may apply
Failed Trades / Trade Reversals	Exchange pass-through fees, up to USD 900
Monthly / Annual Reports	Free (up to 7 years); archive access may incur fees

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Trader Workstation	✔	Desktop, Tablet, Mobile, Browser	Professional and active traders
MetaTrader 4	✘	–	Beginners
MetaTrader 5	✘	–	Experienced traders

Deposit and Withdrawal

Payment Method	Minimum Deposit	Deposit Fees	Deposit Time
Bank Transfer (SEPA)	€0	0	Typically 1–2 business days
Custody Account Transfer	€0	0	Varies by originating bank

User Reviews

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①.②.①

more than one year

I have been with AGORA direct since March 2022, and in the meantime, I faced two major issues with my account and received their responsive support to get those problems fixed immediately. Their support was really surprising, and their customer support just stayed in touch with me until the problem was fixed. Their dedicated support lured me into writing a review about the broker.

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2023-03-23 13:42