WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

AGFX

New Zealand|5-10 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

http://www.agfxmarket.com/en/

Website

Rating Index

Contact

chinainfo@agfxmarket.com
http://www.agfxmarket.com/en/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: 93921) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

AGFX · WikiFX Survey

Users who viewed AGFX also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

HFM

8.26
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AGFX · Company Summary

Aspect Information
Company Name AGFX
Registered Country/Area New Zeland
Founded Year 2017
Regulation Unregulated
Minimum Deposit NZ$500
Spreads as low as 0
Trading Platforms MT4
Tradable Assets Forex,indices,cryptocurrencies
Account Types Personal account
Demo Account Available
Customer Support Email,phone
Deposit & Withdrawal Credit/debit card,bank transfer

Overview of AGFX

AGFX is a financial trading company based in New Zealand, established in 2017. While it is unregulated, the firm requires a minimum deposit of NZ$500 and offers competitive spreads that can go as low as 0. They provide their clients with the MT4 trading platform, catering to trading in Forex, indices, and cryptocurrencies.

AGFX offers a personal account type and also gives its users an option to practice with a demo account. Customers can seek assistance through phone or email, and the company facilitates deposit and withdrawal transactions via credit/debit cards and bank transfers.

Overview of AGFX

Is AGFX Legit or a Scam?

Investigations into AGFX, which claims to be under the New Zealand FSPR regulation (license number: 93921), reveal that this broker may have a potentially cloned license and currently lacks valid regulation. The absence of genuine oversight suggests that AGFX might not adhere to standard financial practices or provide security for its traders.

Additionally, there is no confirmation of the broker having legitimate trading software. Prospective traders are urged to exercise caution, conduct comprehensive research, and consider opting for alternative, fully-regulated platforms to safeguard their investments.

Is AGFX Legit or a Scam?

Pros and Cons

Pros:

  1. Established Presence: Founded in 2017, AGFX has been in the market for several years, suggesting some level of experience and stability.

  2. Competitive Spreads: AGFX offers spreads as low as 0, which can be advantageous for traders looking for minimized trading costs.

  3. Diverse Tradable Assets: The broker provides a range of tradable assets including Forex, indices, and cryptocurrencies, giving traders a variety of investment options.

  4. Demo Account Available: AGFX offers a demo account, allowing potential clients to familiarize themselves with the platform and test strategies without risking real money.

  5. Multiple Support Channels: With both phone and email support, AGFX offers multiple avenues for clients to reach out for assistance.

Cons:

  1. Lack of Valid Regulation: Investigations indicate that AGFX might possess a cloned license and lacks genuine oversight, posing potential risks to traders.

  2. Unconfirmed Trading Software: There's no clear confirmation about the broker having legitimate trading software, raising questions about the platform's reliability.

  3. Minimum Deposit Requirement: A minimum deposit of NZ$500 might be considered high for some traders, especially beginners.

  4. Single Account Type: AGFX offers only a personal account type, which may not cater to the diverse needs of different traders or institutions.

  5. Unregulated Risks: Being unregulated, there's uncertainty about AGFX adhering to standard financial practices, potentially jeopardizing the safety of traders' investments.

Pros Cons
Established Presence Lack of Valid Regulation
Competitive Spreads Unconfirmed Trading Software
Diverse Tradable Assets Minimum Deposit Requirement
Demo Account Available Single Account Type
Multiple Support Channels Unregulated Risks

Market Instruments

AGFX provides its traders with a broad array of market instruments, enabling them to explore different trading opportunities and develop a comprehensive investment portfolio across various asset classes. Here's an in-depth look at AGFX's market instruments:

  1. Forex (Foreign Exchange):

  • Currencies: AGFX offers a portal to the vast forex market for its clients, permitting them to trade a range of currency pairs. This might include major, minor, and potentially exotic pairs, offering opportunities to profit from worldwide currency movements.

  1. Indices:

  • Benchmark Trackers: With AGFX, traders can delve into indices, granting them the ability to speculate on the movements of national stock market indices. This could encompass well-known indices from around the globe, enabling traders to position themselves in line with significant market trends.

  1. Cryptocurrencies:

  • Digital Assets: AGFX brings to the table a selection of cryptocurrency trading options. Traders can speculate on the value of a variety of digital currencies, infusing a modern touch to their trading strategies and engaging in the dynamic domain of digital assets.

Given this comprehensive range of market instruments, AGFX ensures that traders can apply a diverse set of trading strategies. Nevertheless, traders should always be aware of the inherent risks associated with participating in these markets.

Market Instruments

Account Types

AGFX presents its clients with a “Personal account” type, the specifics of which are not comprehensively outlined in the given data. In the realm of trading, a personal account is generally designed to serve individual retail traders. This account offers them an avenue to a wide range of trading assets and markets, including Forex, indices, and cryptocurrencies, usually via an intuitive platform interface.

Within AGFX's personal account, traders have the opportunity to engage with a diverse set of market instruments through the MT4 trading platform. Additionally, they can access dedicated customer support channels for any inquiries or assistance. The account may also feature added tools or resources, such as educational materials, to aid traders in making well-informed trading choices.

How to Open an Account?

Here's a general five-step guide to open an account:

  1. Visit the Official Website: Begin by navigating to the official AGFX website. Look for the “Sign Up” or “Open Account” button, typically found on the homepage or in the top navigation bar.

  2. Complete the Registration Form:Fill out the registration form with the required personal details, such as your full name, email address, phone number, and country of residence. Make sure to choose a strong password to ensure the security of your account.

  3. Submit Identification Documents:To comply with financial regulations and for verification purposes, you may be required to submit identification documents. This could include a copy of your passport, driver's license, or a utility bill for address verification.

  4. Choose Your Account Type:If the platform offers multiple account types, select the one that suits your trading needs and preferences. In the case of AGFX, you'd be selecting the “Personal account.”

  5. Make a Deposit: Navigate to the “Deposit” section and choose your preferred method of funding, such as credit/debit card or bank transfer. Follow the prompts to deposit the minimum required amount or more, as per your preference.

Spreads & Commissions

AGFX advertises spreads “as low as 0,” but it's not expressly stated if this applies to all of its trading instruments or is restricted to certain asset classes. Spreads, representing the difference between the bid and ask price of a trading instrument, are intrinsic trading costs borne by traders.

The mention of a spread “as low as 0” suggests the possibility to engage in trades without this initial cost in specific market conditions. Such a feature can be particularly enticing for traders who favor rapid, frequent trading methods.

However, there's a noticeable gap in detailed information about AGFX's commission structure.

Trading Platform

AGFX employs MetaTrader 4 (MT4) as its central trading platform, a choice that aligns well with a broad spectrum of traders due to MT4's established dependability, intuitive interface, and a comprehensive suite of features catering to both beginners and experienced traders.

Within AGFX's offerings, MT4 establishes a vibrant trading environment, allowing users to traverse an array of market instruments bolstered by numerous tools and functionalities designed to enhance the trading journey.

Traders on AGFX's MT4 platform can capitalize on advanced charting capabilities and a vast selection of technical indicators. Furthermore, they can delve into automated trading using Expert Advisors (EAs).

Trading Platform

Deposit & Withdrawal

GFX prioritizes its clients' financial interactions by offering a variety of methods for both deposit and withdrawal, emphasizing simplicity and promptness in handling funds.

Clients have the flexibility to employ credit/debit cards or bank transfers for their financial transactions with the platform, with a notable minimum deposit set at NZ$500. This positions AGFX in a category that can be attractive to traders, even those with a moderate starting investment preference.

For prospective and existing users, it's pivotal to comprehensively understand the platform's financial policies.

Deposit & Withdrawal

Customer Support

AGFXMARKET, commonly abbreviated as AGFX, places significant emphasis on client relations and strives to deliver efficient customer support through its designated channels of communication to cater to its clientele. Clients seeking assistance or aiming to communicate directly with the platform can resort to the email channel, directing their inquiries to chinainfo@agfxmarket.com.

Furthermore, individuals keen on delving into a more detailed exploration of the company, its offerings, or other relevant data can navigate to their official website at http://www.agfxmarket.com/en/. These pathways are meticulously crafted to meet the varied preferences and needs of traders, ensuring uninterrupted access to assistance or platform-centric details in a manner congruent with their comfort and convenience.

Conclusion

AGFXMARKET, abbreviated as AGFX, is a trading platform registered in New Zealand with a currently suspicious regulatory status, hinting at possible clone activity. While the company provides an avenue for trading through its designated website, specific details about other modes of communication or the company's physical address remain undisclosed.

Potential traders and clients should exercise caution and due diligence when considering this platform, especially given its regulatory concerns. Engaging directly through the provided email, chinainfo@agfxmarket.com, or visiting their official website may be the first steps for those looking for further clarity.

FAQs

Q: Is AGFXMARKET regulated?

A: AGFXMARKET currently holds a suspicious regulatory status. Potential traders should be cautious and verify the platform's regulatory credentials before committing funds.

Q: What trading instruments does AGFXMARKET offer?

A: The specific trading instruments offered by AGFXMARKET are not detailed in the provided information, but it's common for platforms to offer Forex, indices, commodities, and cryptocurrencies.

Q: What is the official website of AGFXMARKET?

A: The official website of AGFXMARKET is http://www.agfxmarket.com/en/.

Q: How can I contact AGFXMARKET's customer support?

A: You can reach out to AGFXMARKET's customer service via the email address: chinainfo@agfxmarket.com.

Q: Which assets can I trade on AGFX?

A: At AGFX, traders can engage with assets such as Forex, global stock indices, and cryptocurrencies. For a comprehensive list, it's best to refer directly to AGFX's official platform.

Broker Information

Company Name

AGFXMARKET

Abbreviation

AGFX

Regulatory Status

Suspicious Clone

Platform registered country and region

New Zealand

Phone of the company

--

X

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • chinainfo@agfxmarket.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com