AGMarkets is an online trading broker that began operation in 2019 from Saint Vincent and the Grenadines, providing traders with the MetaTrader 4 trading platform for trading many financial instruments across different asset classes, including forex, commodities, indices, metals, and CFDs. Traders also benefit from a range of trading tools and educational materials, as well as other competitive trading conditions, including leverage of up to 1:400 and zero commission charges on trades.
AGMarkets Review Introduction
In this AGMarkets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including AGMarkets.
AGMarkets Platforms & Tools
Clients can trade the offered instruments using the MetaTrader 4 trading platform. It is the most widely used trading platform by forex/CFD traders globally, all thanks to its intuitive and user-friendly interface and other useful features and functionalities. The MT4 platform is available as a desktop application for Windows and Mac computers, a Web version that requires no downloads or installations, and a mobile app that is designed for smartphones running on Android and iOS. The mobile is available for download from the relevant app stores, and traders can use it to analyze the market and place trades while on the move. There is also the MT4 trading terminal and Status, which is a unique trading terminal with a qualitative interface that is suited for both beginner and experienced traders.
Trading tools like Market News, Market Analysis, Economic Calendar, and Trading Signals are provided to traders to enhance their overall trading experience.
AGMarkets Research & Education
The broker provides a selection of educational resources that are aimed at improving their trading prowess, and they include Webinars, Training Videos, eBooks, Glossary, and an FAQ section.
AGMarkets Trading Accounts
AGMarkets has two major categories of trading accounts: Standard and Premium Accounts. The Standard Account has sub-categories, namely: Easy Start ($250), Trader ($1,000), and Pro Trader ($5,000) Accounts, while the Premium Account, on the other hand, is sub-categorized into Premium ($20,000), Lux ($50,000), and Royal ($100,000) Accounts.
AGMarkets Account Funding
The following payment methods are available at AGMarkets for both deposits and withdrawals:
- Bank transfer
- Credit/Debit Cards — including Visa, MasterCard, Maestro
AGMarkets Customer Service
AGMarkets provides traders with a client support team who are available to give prompt and polite responses to clients’ inquiries. They can be reached via email, telephone, or by visiting them at their office in Kingstown. There is no Live Chat support on the broker’s website.
AGMarkets is located in Kingstown, Saint Vincent, and the Grenadines. However, there is no regulatory information on the broker’s website. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can offer.
AGMarkets Review Summary
AGMarkets is a trading broker that operates from Saint Vincent and the Grenadines, providing traders with access to trade multiple financial instruments online via the MT4 platform whilst offering some trading tools and educational materials. They offer multiple account options with a minimum required deposit of $250, competitive spreads, and no commissions on trades. However, the broker is unregulated, which could be a red flag for potential clients.
It is worth mentioning that some of the trading products and services in this AGMarkets review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the AGMarkets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.