Abstract:AGMBroker is the trademark name of AGM Group Ltd, founded in 2015 by Wall Street investment bankers and traders with the aim of providing a highly secure trading environment for investors. AGM Group Ltd holds a retail foreign exchange license from the International Financial Services Commission of Belize (license number: IFSC/60/448/18).
AGM | Basic Information |
Company Name | AGM |
Founded | 2015 |
Headquarters | Belize |
Regulations | Regulated |
Tradable Assets | Foreign currencies, commodities, precious metals, and more |
Customer Support | Email (csupport@agmbroker.com) |
Founded in 2015 and based in Belize, AGM operates as an online trading platform regulated by the International Financial Services Commission of Belize (IFSC) under license number IFSC/60/448/18, which falls under offshore regulation. AGM is not only a trading platform but also a financial technology company and financial solutions provider, dedicated to delivering cutting-edge trading platform solutions and financial technologies. With a strong focus on innovation, AGM offers access to a diverse range of tradable assets, such as foreign currencies, commodities, precious metals, and more, catering to the needs of traders worldwide.
AGM is regulated, operating under regulatory oversight from the International Financial Services Commission of Belize (IFSC), holding a retail foreign exchange license with license number IFSC/60/448/18. This regulatory framework provides essential protections for investors, ensuring compliance with legal standards and reducing the likelihood of fraudulent activities. Regulated brokers like AGM adhere to stringent financial reporting standards, offering investors transparent and reliable information for informed decision-making. However, it's important to note that the Belize IFSC regulation (license number: IFSC/60/448/18) falls under offshore regulation, which may pose certain risks. Investors should exercise caution and be aware of these risks when engaging in online trading activities.
AGM offers traders a diverse range of trading instruments, providing ample opportunities for diversification and potential profit. Operating under regulatory oversight, the platform ensures compliance with established standards, enhancing the overall safety and reliability of its services. However, one drawback is the occasional difficulty in accessing the website, which could disrupt trading activities and impact user experience. Additionally, AGM provides limited customer support options, primarily through email, which may hinder prompt issue resolution and assistance for traders. Furthermore, there is a notable lack of educational resources or transparency regarding company policies and procedures, potentially hindering traders' ability to make informed decisions.
Pros | Cons |
|
|
|
|
|
Investors can trade over 70 Forex currency pairs on the AGM brokerage platform. This is a relatively limited number of financial trading assets for traders on the AGM brokerage platform.
The AGMBroker website does not display any minimum deposit related information on its official website.
In terms of trading leverage, the maximum trading leverage offered by AGM brokerage is up to 1:500, which is considered high. Inexperienced traders are advised not to use such high leverage in case of heavy fund losses.
AGMBroker platform comes with floating spreads, and the official website only shows that in addition to the spreads, a commission is charged, but the exact amount of the commission is not informed.
AGMBroker offers traders the MT4 trading platform, with a clear interface, charting tools and technical indicators, multi-lingual support, extensive backtesting options, supporting automated trading via EA, and compatibility with IOS and Android systems.
AGMBroker supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, and wire transfer payment methods. Compared to most brokers, AGM offers a limited range of payment methods.
Clients can contact AGM's customer support primarily through email atcsupport@agmbroker.com.
AGM offers a diverse range of trading instruments under regulatory oversight, ensuring safety and reliability. However, occasional difficulty accessing the website and limited customer support via email may inconvenience traders. Moreover, the lack of educational resources and transparency regarding company policies could hinder informed decision-making.
Q: Is AGM regulated?
A: Yes, AGM is regulated, operating under regulatory oversight from the International Financial Services Commission of Belize (IFSC), holding a retail foreign exchange license with license number IFSC/60/448/18. However, it's important to note that the Belize IFSC regulation (license number: IFSC/60/448/18) falls under offshore regulation, which may pose certain risks.
Q: What trading instruments are available on AGM?
A: AGM offers a range of trading instruments, including foreign currencies, commodities, and precious metals, all based on spot trading contracts.
Q: How can I contact AGM's customer support?
A: Clients can contact AGM's customer support primarily through email at csupport@agmbroker.com.
Trading online carries inherent risks, including the potential loss of your entire investment capital. It's important to recognize that online trading may not be suitable for all traders or investors. The information provided in this review is subject to change as the company's services and policies evolve over time. Due to the dynamic nature of the financial markets, it's advisable to verify updated information directly with the company before making any decisions or taking action. Ultimately, the responsibility for using the information provided in this review lies solely with the reader.
Markets4you, is a global forex broker launched in 2007. It was established in the British Virgin Islands. This broker offers its global traders various market instruments.
Discover how MultiBank Group, a global leader in financial derivatives, secured three prestigious awards at Traders Fair Hong Kong 2024, highlighting its innovative trading solutions and industry excellence.
PT. Doo Financial Futures, a subsidiary of the global financial services brand Doo Group, has secured regulatory approval from Indonesia’s Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI).
Webull Canada launches options trading for TFSAs and RRSPs, offering Canadian investors tax-free growth and retirement savings optimization opportunities.