AGI Markets is an unregulated Australian company registered in 2017. It offers forex pairs, oil, metals, and indices with trading platform like AGI cTrader 4.1 and Dragon Trader 1.0 (DT1.0) (IOS Platform, Android Platform).
Pros and Cons
Is AGI Legit?
At present, AGI lacks valid regulation. Its domain was registered on June 2, 2017, and the current status is “clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, clientUpdateProhibited”. We advise you to consider another regulated one.
What Can I Trade on AGI?
AGI Markets offers forex pairs, oil, metals, and indices.
Account Type
AGI offers the Standard account with a minimum deposit of $200 and the Professional account with a minimum deposit of $50,000. They also provide demo accounts but do not offer an Islamic account.
Leverage
AGI provides a default leverage of 100:1 (1%). The leverage offered ranges from 100 to 400:1 for different account types. High leverage can be both beneficial and risky.
Spreads
AGI offers various spreads for different trading instruments: FX spreads range from 1.2 to 2.4 pips, metal spreads are 2.5 pips, oil spreads range from 3.8 to 5.7 pips, and indices spreads range from 18 to 70 points.
Trading Platform
AGI provides Dragon Trader 1.0 (DT1.0) for the Desktop, iPhone, iPad, and Android Platform.
Deposit and Withdrawal
AGI supports payment method of UnionPay, Bank Wire Transfer, VISA, Mastercard, NETELLER, JCB, Webmoney, wechat, paysafecard, , AstroPay, cashU, etc.
