AGM Markets Review
Broker Name – AGM Markets
Broker Website- https://agmmarkets.net/
Warnings – Commissione Nazionale per le Società e la Borsa (Italy)
When was the AGM Markets website domain set up?
Domain Name agmmarkets.net
Date Registered October 19, 2021
Domain Age 8 months, 4 days, 16 hours, 6 minutes, 38 seconds
Headquarters or Area of Operation – 41 Spyrou Kyprianou Avenue Steratzias Court , 4003 Limassol, Cyprus
AGM Markets Review – An Overview
There might be a Forex broker or any other broker latching on to you just as you read this sentence. With the latest technology being delivered at our fingertips in this era, these online scam brokers can reach any of us at the speed of light. They may cold call telling you about the unending benefits of opening an account with their brokerage firm or through good online marketing these scams have a unique yet common way of finding their victims. Do you want to avoid these scam brokers? If your answer to this question is yes, then read the scam broker review here and know the reasons why you should not invest with any of the scam brokers to avoid fraud. If you find this AGM Markets review useful, make sure to share it with your loved ones to save them from such scams as well.
Are these issues present in AGM Markets broker features and activities?
Having the potential to make someone go into a debt trap, the scammers lure their victims in with irresistible offers and discounts. In this segment, we will be telling our readers about a few important points that you must look for in a broker before opening an account with them. Remember, nobody has a right over your money.
AGM Markets and Regulation:
As you all might know, the regulation is one of the most important checkpoints that one must look for while searching for a brokerage firm. Due to the increasing inflow of scammers in the market, the regulations set up barriers to make sure that the scammers stay away from the market. For this, they introduced the licenses. For a company to acquire a license, it must go through a variety of tests. However, these tests are not as easy as they might sound like. If a company does not have a license, it means that the company is UNAUTHORISED and not fit for trading. In our case, if AGM Markets is unregulated, then this raises the first red flag against the broker in this AGM Markets review. Read More in Scam Broker 2022.
Is Minimum Deposit permissible?
The minimum deposit is generally asked in very small amounts by the legitimate brokers as taking huge amounts as the minimum deposit is not advised by the regulations. However, the tradition of taking huge minimum deposits is extremely common in scam brokers as their main aim is to steal as much money as they can from the trader before they get suspicious. The usual amount asked by the legitimate brokers lies in the range of $5 to $10. If the broker asks for an amount more than the average, chances of a scam.
Leverage is yet another common checkpoint that one must look for while checking for a broker online. Due to their direct involvement with the risk, leverages are offered in small amounts. The leverage is even capped at 1:30 and 1:50 in the European countries and the USA respectively. If this broker offers leverage more than this, it is a sign that AGM Markets is a potential scam.
An Example of Negative Reviews
Reviews on Trustpilot say – “Do not do business with this company, i made a big big mistake trusting them with my money. This company is a scam they just want your money and their sales department is very pushy . On my first consultation with the adviser, he started with how much money i was going to put in this account before he even showed me the platform and how it works. I still fell for their lies though, their offers and promises were honestly the best i had heard. I would have lost all my deposit. you can find better companies to help you invest properly.”
Conclusion: Is AGM Markets scam or legit?
To sum up, all that has been said above, we give you the power to decide whether the broker is a scam or not. We request the readers to move forward with extreme caution. If you have been a victim of AGM Markets scam or any other broker, do not feel embarrassed. File a complaint right now and get instant help from our team in fund recovery!
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