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Company Name
AGM Markets Ltd.
Company Abbreviation
Agm Forex
Platform registered country and region
Cyprus
Company website
Company summary
Pyramid scheme complaint
Expose
| Agm ForexReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Cyprus |
| Regulation | Regulated (Suspicious Clone) |
| Market Instruments | Forex, indices, commodities, and shares |
| Demo Account | / |
| Leverage | Up to 1：500 |
| Spread | 1 pip |
| Trading Platform | MT4 |
| Min Deposit | $250 |
| Customer Support | 24/5 |
Note: Agm Forex's official website: https://www.agm-forex.com is currently inaccessible normally.
Agm Forex Information
AGM Forex is a broker based in Cyprus, operating for 2-5 years. It offers four trading products, four account types, and supports the MT4 platform. However, its regulatory status is suspicious clone.
Pros and Cons
| Pros | Cons |
| Offers four trading products | Suspicious clone status |
| Provides four account types | Minimum deposit of 250 |
| Supports MT4 trading platform | |
| Offers three deposit methods | |
| Leverage up to 1:500 |
Is Agm Forex Legit?
AGM Forex is regulated by the Cyprus Securities and Exchange Commission, but its regulatory status is a suspicious clone.
| Regulatory Status | Suspicious Clone |
| Regulated By | Cyprus |
| Licensed Institution | Maxigrid Limited |
| License Type | Market Making (MM) |
| License Number | 145/11 |
What Can I Trade on Agm Forex?
AGM Forex offers four trading products: forex, indices, commodities, and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
Account Type
AGM Forex offers four account types.
| Account Type | Minimum Deposit | Spreads | Maximum Leverage | Minimum Lot Size |
| Mini Account | $250–$1,000 | 1 pip | 1:500 | 0.01 |
| Standard Account | $1,000–$5,000 | 0.90 pip | 1:500 | 0.1 |
| Premium Account | $5,000–$25,000 | 0.60 pip | 1:200 | 0.1 |
| Standard ECN | $5,000+ | N/A | 1:200 | 0.1 |
Leverage
AGM Forex offers varying leverage levels depending on the account type:
- Mini and Standard Accounts: Maximum leverage of 1:500.
- Premium and Standard ECN Accounts: Maximum leverage of 1:200.
Trading Platform
AGM Forex supports the MT4 trading platform, which is available on both mobile and desktop (Windows & macOS) and is suitable for beginners. However, it does not support the MT5 platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Mobile and Desktop（Windows & macOS） | Beginner |
| MT5 | ❌ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
Deposit and Withdrawal
AGM Forex requires a minimum deposit of $250 and supports bank transfers, credit/debit cards, and e-wallets for deposits and withdrawals. Deposits are processed within a day, while withdrawal times may vary depending on the method and provider.
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