Score

1.40 /10
Danger

AGI

Cyprus

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index6.13

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

AGI · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No Regulation
Market Instrument forex, commodities, indices and stocks
Account Type Standard
Demo Account yes
Maximum Leverage (forex pairs) 400:1
Spread (EUR/USD) average 1.5 pips
Commission no
Trading Platform cTrader for Windows, Android and iOS
Minimum Deposit $200
Deposit & Withdrawal Method Bank Wire Transfer & China UnionPay

AGI, a trading name of Agile International, is allegedly a forex broker registered in Cyprus that claims to provide its clients with various tradable financial instruments with leverage up to 400:1 and average spreads of 1.5 pips on the cTrader trading platform, as well as 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that AGI currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.16/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

AGI advertises that it offers access to a wide range of trading instruments in financial markets, including forex, commodities, indices and stocks.

Account Types

AGI claims to offer demo and live accounts. The demo account is valid for 30 days as standard. It allows you to open as many live and demo accounts as you like. However, it also recommends that you open only one trading account on one computer. AGI does not charge an account opening fee or monthly fee.

Leverage

The maximum leverage offered by AGI's trading account is 400:1 (special request required) and is valid only for Forex currency pairs. Standard account leverage is 100:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

AGI claims to offer average EUR/USD spreads of 1.5 pips. All charging no commissions.

Trading Platform Available

The platform available for trading at AGI is cTrader for Windows, Android and iOS. There is no denying that cTrader is a good platform, but MT4 and MT5 can be better. They are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

Trading Platform Available

Deposit & Withdrawal

AGI says to accept deposits and withdrawals via Bank Wire Transfer and China UnionPay. The minimum initial deposit requirement is said to be $200. Bank Wire Transfer deposits require 1-2 working days, while China UnionPay deposits are immediate. Withdrawals with Bank Wire Transfer take about 3-5 working days, while China UnionPay withdrawals are said to be processed within 1-3 business days.

Deposit
Withdrawal

Customer Support

AGI‘s customer support can be reached by telephone: +35722030913, email: vip@agifx.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
• Wide rabge of tradable asset classes • No regulation
• Demo accounts available High minimum deposit ($200)
• Commission-free • limited payment options

Frequently Asked Questions (FAQs)

Q 1: Is AGI regulated?
A 1: No. It has been verified that AGI currently has no valid regulation.
Q 2: Does AGI offer demo accounts?
A 2: Yes. The demo account is valid for 30 days as standard.
Q 3: Does AGI offer the industry-standard MT4 & MT5?
A 3: No. Instead, AGI supports cTrader for Windows, Android and iOS.
Q 4: What is the minimum deposit for AGI
A 4: The minimum initial deposit with AGI is $200.
Q 5: Does AGIcharge a fee?
A 5: Like every forex broker, AGI charges a spread fee, while the commission is free.
Q 6: Is AGI a good broker for beginners?
A 6: No. AGI is not a good choice for beginners. Not only because of its unregulated condition, but also because of its high initial deposit.

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