Score

1.55 /10
Danger

AGX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 12

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.29

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

AGX LIMITED

Company Abbreviation

AGX

Platform registered country and region

Belize

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    AGX · Company summary

    Note: AGX's official website: http://en.agxfx.org/is currently inaccessible normally.

    AGX Information

    AGX is an unregulated brokerage company registered in Belize. This firm offers the popular MT4 platform. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

    Is AGX Legit?

    AGX, incorporated in Belize, operates without regulation from any recognized financial authority. This lack of regulatory oversight is a major red flag for potential traders. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

    Is AGX Legit?

    Downsides of AGX

    • Unavailable Website

    AGX's official website is currently inaccessible. So maybe it's time to find another brokerage.

    • Lack of Transparency

    There is a notable lack of information about AGX available online. This lack of transparency can really dampen investors' enthusiasm.

    • Regulatory Concerns

    AGX is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

    Trading Platform

    The popular MT4 (MetaTrader 4) platform is available with this brokerage. It is a Forex trading platform that capable of analyzing financial markets and using EA. Mobile trading, trading signals and markets are integral parts of MetaTrader 4 that enhance your Forex trading experience.

    Trading Platform

    Negative AGX Reviews on WikiFX

    On WikiFX, “Exposure” is posted as a word of mouth received from users.

    Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

    Negative AGX Reviews on WikiFX

    As of now, there are twelve pieces of AGX exposure in total.

    Exposure 1. Unable to withdrawal

    ClassificationScam
    DateDecember 23, 2019
    Post CountryHong Kong

    The user said that: “Exposure on AGX ! Unavailable withdrawal! Fraud teacher Liang!”. You may visit: https://www.wikifx.com/en/comments/detail/201912237232214777.html

    Exposure 2. Unable to withdrawal

    ClassificationUnable to withdrawal
    DateNovember 19, 2019
    Post CountryHong Kong

    The user said that: “The withdrawal of AGX hasnt been received for 4 months.”. You may visit: https://www.wikifx.com/en/comments/detail/201911087972525841.html

    Conclusion

    Lack of transparency is a huge barrier for beginning traders. AGX is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

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