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QuantBitex-Overview of Minimum Deposit, Leverage, Spreads

Agricoinvest Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-13 15:57

Abstract:Registered in the United Kingdom, Agricoinvest is an online forex broker offering a wide range of trading instruments, such as Forex, Commodities, and Stocks. In addition, Agricoinvest offers four trading accounts with leverage up to 1:300. However, please note that Agricoinvest is not authorized or regulated by any regulatory authorities.

  Note: Agricoinvest's official website - https://investagricol.com/ is currently inaccessible normally.

Agricoinvest Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Commodities, Stocks
Demo Account❌
Leverage1:300
EUR/USD Spread2 pips (Standard account)
Trading PlatformWebTrader
Min Deposit€250
Customer SupportMonday to Friday: 9:30-21:00 GMT
Tel: +442035369402
Email: support@investagricol.com
Physical address: 3rd Floor 201 Haverstock Hill, London, Greater London, NW3 4QG, United Kingdom

  Registered in the United Kingdom, Agricoinvest is an online forex broker offering a wide range of trading instruments, such as Forex, Commodities, and Stocks. In addition, Agricoinvest offers four trading accounts with leverage up to 1:300. However, please note that Agricoinvest is not authorized or regulated by any regulatory authorities.

Pros and Cons

Pros Cons
Multiple account typesUnavailable website
Popular payment optionsNo regulation
Subject of CONSOB warning
Limited tradable asset classes
No demo accounts
Wide spreads
Inactivity fee charged
No reliable platform
High minimum deposit (€250)
Unspecified withdrawal fee

Is Agricoinvest Legit?

  Agricoinvest claims to be registered in the UK, but in reality, it is unlikely to obtain a license there due to its failure to comply with the regulations set by the regulatory authorities that license UK brokers, which prohibit offering bonuses to their clients.

  In addition, another significant issue with Agricoinvest is the warning issued against it by the Italian CONSOB.

CONSOB warning

What Can I Trade on Agricoinvest?

  In the case of Agricoinvest, traders can gain access to Foreign Exchange, Commodities, and Stocks. However, other widely traded products such as Cryptocurrencies, Energies, and Indices are not offered.

Tradable Instruments Supported
Forex ✔
Commodities✔
Stcoks✔
Indices❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

  Agricoinvest offers four trading accounts for you to choose from: The Standard, Silver, and Gold accounts, which are categorized based on their minimum initial deposit requirements, ranging from €250 to €50,000.

Account TypeMin Deposit
Basic$250
Standard$2,500
Silver$10,000
Gold $50,000
Account comparison

Leverage

  The leverage offered by Agricoinvest, up to 1:300, is excessively high for retail clients. Moreover, even if you are an experienced trader who knows how to use high leverage, Agricoinvest is still not a suitable choice for you, as it is clearly a fraudulent company.

Account TypeMax Leverage
Basic1:100
Standard1:150
Silver1:200
Gold 1:300

Spread

  The spread is determined by the trading account you choose.

Account TypeEUR/USD Spread
Basic3 pips
Standard2 pips
Silver1 pip
Spread

Fees

  Agricoinvest charges a monthly fee of $36 for accounts that remain inactive for 30 consecutive days. This charge is unacceptable and constitutes a blatant scam. Don't waste your time with fraudulent brokers!

Inactivity fee

Trading Platform

  This broker provides a specific online trading platform, however, we were unable to access it directly due to the website being inaccessible and the registration process being corrupted. Popular trading platforms such as MT5 or MT4 are not available.

Trading PlatformSupported Available Devices Suitable for
WebTrader✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
WebTrader

Deposit and Withdrawal

  According to Agricoinvest's website, the available deposit methods include credit cards, debit cards, and wire transfers. However, the minimum deposit for wire transfers is a staggering $10,000. Withdrawals are reportedly processed within 5 days and incur fees, but these fees are not disclosed numerically.

Related broker

No Regulation
Agricoinvest
Company name:AGRICO HOLDINGS LIMITED
Score
1.46
Website:https://investagricol.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.46

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