AGSMARKETS is a forex broker founded in Saint Vincent and the Grenadines, providing investors with trading services in Forex, metals, energy, indices and digital currencies. However, the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) does not regulate, monitor, authorize or license commercial companies (BCS) engaged in forex trading or broking, according to its website.
Company background:
According to AGSMARKETS 'website, the company is incorporated in Saint Vincent and the Grenadines. However, the website of the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) did not find any registration information related to the company. In addition, the domain name registration information of the website queried by Whois shows that the company's official website domain name was registered on November 29, 2020, and the domain name registration time has been more than 3 years ago.
Account Registration:
AGSMARKETS official website information shows that the company provides investors with real account, demo account registration links. The registration method of real ACCOUNT is: click "OPEN LIVE ACCOUNT" on the homepage of AGSMARKETS official website, enter the account registration page, select or fill in the account type (individual/enterprise), name, country, telephone number, account currency, Email, password and other information according to the requirements, you can complete the real account registration. The registration method of DEMO ACCOUNT is: click "OPEN DEMO ACCOUNT" on the homepage of AGSMARKETS official website, enter the account registration page, select or fill in the account type (individual/enterprise), name, country, telephone number, account currency, Email, password and other information according to the requirements, and then complete the registration of demo account.
Account Type:
According to AGSMARKETS 'official website, the company offers investors three different types of trading accounts: BASIC ACCOUNT, PRO ACCOUNT and VIP ACCOUNT. In addition, the AGSMARKETS website also provides the differences between the three accounts in terms of minimum deposit amount, telephone, customer support and so on.
Trading Products:
According to AGSMARKETS website information, the company provides investors with foreign exchange, metals, energy, index, digital currency trading services. In addition, the official website of AGSMARKETS only provides specific trading products covered by foreign exchange, metals, energy, indices and digital currencies, as well as the margin (leverage) ratio and spread information of specific trading products, without providing commission, minimum trading unit, maximum trading unit, overnight interest and other information of specific trading products.
Margin ratio:
AGSMARKETS not only shows the maximum margin (leverage) ratio it provides for different accounts in the "Account Type", but also provides margin (leverage) ratio information for specific trading products covered by Forex, metals, energy, indices, digital currencies in the trading products.
Trading Hours:
AGSMARKETS provides trading hours information for specific trading products covered by Forex, metals, energy, indices and digital currencies in the "Trading Products" section.
Deposits and Withdrawals:
AGSMARKETS official website information shows that the company provides investors with deposit and withdrawal channels or methods including bank wire transfer, VISA, Mastercard, Skrill, Neteller, PayPal and so on. However, the official website of AGSMARKETS does not provide information about the currencies supported by different deposit and withdrawal channels or methods, as well as deposit and withdrawal time and deposit and withdrawal fees.
Trading Software:
According to AGSMARKETS 'website, the company provides investors with trading software that supports computer (Winodws/MacOS), Web and mobile (IOS/Android) versions.
Other services:
AGSMARKETS website information shows that the company provides investors with economic calendar, copy trading, automated trading services. The Economic calendar can help investors understand economic data or financial events that have happened or are about to happen. Copy trading allows investors to use or copy the trading methods or investor strategies of other investors. Automated trading is an algorithmic trading solution that incorporates information such as market data, trade history, order types and position Settings into an automated strategy.
Regulatory information:
The AGSMARKETS website does not provide the regulatory or authorisation information it has obtained. The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA), the regulatory body where the company is registered, does not regulate, monitor, authorise or license commercial companies (BCS) engaged in forex trading or broking.
Summary:
AGSMARKETS is suspected of fraud. Although the AGSMARKETS website provides information on account registration, account types, trading products, deposits and withdrawals, and trading software. However, AGSMARKETS 'official website shows that it is registered in Saint Vincent and the Grenadines, while the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) website does not find any registration information related to the company. Crucially, the AGSMARKETS website does not provide the regulatory or authorisation information it obtains, The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA), the regulatory body where the company is registered, does not regulate, monitor, authorise or license commercial companies (BCS) engaged in forex trading or broking. According to this judgment, AGSMARKETS is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
