Agco Finance Limited is a CFD broker whose official website domain was registered on March 5, 2024. The broker primarily provides investment services in trading markets such as forex, digital currencies, precious metals, commodities, and funds for retail and institutional clients. It does not offer services to countries and regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information from the official website of Agco Finance Limited (agcofinanceltd.net) shows that the services provided by this broker are regulated by financial authorities under UK jurisdiction. Additionally, the terms of service on the broker's website state that any litigation arising from the terms of the site should be conducted in New Zealand courts and only in New Zealand courts. Furthermore, clicking on "Legal" at the bottom of the website redirects to the Swiss Federal Statistical Office (FSO) company registration page, which shows that the registered entity in Switzerland is AGCO Finance AG.
Upon verification, the UK Companies House has a company named Agco Finance Limited with registration number 02521081, which is regulated by the UK's Financial Conduct Authority (FCA). However, the FCA approved website is www.agcofinance.com.
The New Zealand Companies Register also lists a company with the same name and registration number 530800, but there is no record of the company in the New Zealand Financial Service Providers Register, meaning it is not regulated. Furthermore, the Swiss Financial Market Supervisory Authority (FINMA) does not have any registration information for Agco Finance.
Therefore, Agco Finance Limited (agcofinanceltd.net) is essentially an unregulated scam broker website.
Account Opening Process
To open a trading account with Agco Finance Limited, visit the broker's official website, click "REGISTER NOW" on the homepage, or "Join Now" at the top right corner to access the account registration page. Fill in the required personal information such as name and email, set up a login password, and submit. After submitting and verifying the account, the registration will be successful.
Investment Plans
Agco Finance Limited offers users three basic investment plans: Basic Plan, Standard Plan, and Premium Plan. Additionally, the broker provides three compound investment plans: Short-Term, Long-Term, and Partnership.
Basic Plan:
- Trading Cycle: 4 weeks
- Minimum Deposit: $200
- Maximum Deposit: $4,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return: 2%
Standard Plan:
- Trading Cycle: 4 weeks
- Minimum Deposit: $5,000
- Maximum Deposit: $49,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return: 2.5%
Premium Plan:
- Trading Cycle: 4 weeks
- Minimum Deposit: $50,000
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return: 3%
Short-Term:
- Trading Cycle: 3 months
- Minimum Deposit: $15,000
- Maximum Deposit: $49,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Return: 30%
Long-Term:
- Trading Cycle: 6 months
- Minimum Deposit: $50,000
- Maximum Deposit: $99,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Return: 45%
Partnership:
- Trading Cycle: 1 year
- Minimum Deposit: $100,000
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return: 50%
Trading Platform:
Agco Finance Limited offers a self-developed trading platform to users, but no detailed information is provided, and it is limited to a web version.
Deposits and Withdrawals:
Agco Finance Limited supports deposits and withdrawals through various cryptocurrencies.
Conclusion:
Traderknows reminds investors that Agco Finance Limited is a scam broker luring investors with promises of high returns but is actually unregulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
