AGX
abstrak：AGX is an unregulated brokerage company registered in Belize. This firm offers the popular MT4 platform. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.
Note: AGX's official website: https://en.agxfx.org/is currently inaccessible normally.
AGX Information
AGX is an unregulated brokerage company registered in Belize. This firm offers the popular MT4 platform. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.
Is AGX Legit？
AGX, incorporated in Belize, operates without regulation from any recognized financial authority. This lack of regulatory oversight is a major red flag for potential traders. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Downsides of AGX
- Unavailable Website
AGX's official website is currently inaccessible. So maybe it's time to find another brokerage.
- Lack of Transparency
There is a notable lack of information about AGX available online. This lack of transparency can really dampen investors' enthusiasm.
- Regulatory Concerns
AGX is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Trading Platform
The popular MT4 (MetaTrader 4) platform is available with this brokerage. It is a Forex trading platform that capable of analyzing financial markets and using EA. Mobile trading, trading signals and markets are integral parts of MetaTrader 4 that enhance your Forex trading experience.
Negative AGX Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are twelve pieces of AGX exposure in total.
Exposure 1. Unable to withdrawal
| Classification | Scam |
| Date | December 23, 2019 |
| Post Country | Hong Kong |
The user said that: “Exposure on AGX ! Unavailable withdrawal! Fraud teacher Liang!”. You may visit: https://www.wikifx.com/en/comments/detail/201912237232214777.html
Exposure 2. Unable to withdrawal
| Classification | Unable to withdrawal |
| Date | November 19, 2019 |
| Post Country | Hong Kong |
The user said that: “The withdrawal of AGX hasnt been received for 4 months.”. You may visit: https://www.wikifx.com/en/comments/detail/201911087972525841.html
Conclusion
Lack of transparency is a huge barrier for beginning traders. AGX is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.
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