General Information & Regulation
AGMBroker is the trademark name of AGM Group Ltd, founded in 2015 by Wall Street investment bankers and traders with the aim of providing a highly secure trading environment for investors. AGM Group Ltd holds a retail foreign exchange license authorized by the International Financial Services Commission of Belize (license number: IFSC/60/448/18).
Market Instruments
Investors can trade over 70 Forex currency pairs on the AGM brokerage platform. This is a relatively limited number of financial trading assets for traders on the AGM brokerage platform.
Minimum Deposit
The AGMBroker website does not display any minimum deposit related information on its official website.
AGMBroker Leverage
In terms of trading leverage, the maximum trading leverage offered by AGM brokerage is up to 1:500, which is considered high. Inexperienced traders are advised not to use such high leverage in case of heavy fund losses.
Spreads & Commissions
AGMBroker platform comes with floating spreads, and the official website only shows that in addition to the spreads, a commission is charged, but the exact amount of the commission is not informed.
AGMBroker Trading Platform
AGMBroker offers traders the MT4 trading platform, with a clear interface, charting tools and technical indicators, multi-lingual support, extensive backtesting options, supporting automated trading via EA, and compatibility with IOS and Android systems.
Deposit & Withdrawal
AGMBroker supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, and wire transfer payment methods. Compared to most brokers, AGM offers a limited range of payment methods.
AGMBroker Cons
1. Not strictly regulated
2. Limited trading assets, only forex trading
3. No information on spreads provided
4. Limited access to funds, only three types
