AGBK Broker Review - Is This Broker Legit and Safe? - WikiFX

WikiFX | 2025-04-30 12:31

Abstract：AGBK Broker is a regulated broker founded in 2024 and registered in Cyprus. It offers trading in indices, forex, and commodities on the MT5 trading platform.

AGBK Broker Review Summary
Founded	2024
Registered Country/Region	Cyprus
Regulation	Regulated by CYSEC
Market Instruments	Indices, forex, and commodities
Demo Account	✅
Leverage	/
Spread	From 0.1 pips (forex)
Trading Platform	MT5
Minimum Deposit	€50
Customer Support	Phone: +357 22777458
	Email: support@agbk-broker.com, info@agbk-broker.com
	Company address: 32A Stasikratous Str, Charalambous Tower, Floor 2, office 201, 1065 NICOSIA
Regional Restrictions	/

AGBK Broker was founded in 2024 and is registered in Cyprus, being regulated by CYSEC. It offers trading in market instruments like indices, forex, and commodities on the MT5 trading platform. The broker has an AGBK PRO account with a minimum deposit of €50 and spread starting from 0.1 pips. However, it's a newly established firm with only one account type and limited information on funding methods.

Pros and Cons

Pros	Cons
Regulated by CYSEC	Only one type of account
MT5 trading platform provided	Newly established
Acceptable minimum deposit requirement	Limited information related to funding methods

Is AGBK Broker Legit?

AGBK Broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) (License type: Appointed Representative (AR), with No. 428/23)

Cyprus Securities and Exchange Commission (CySEC)
Regulatory Status	Regulated
Regulated by	Cyprus
Licensed Institution	CDJ Social Stocks Ltd
Licensed Type	Appointed Representative (AR)
Licensed Number	428/23

What Can I Trade on AGBK Broker?

AGBK Broker offers trading in indices, forex, and commodities. You can trade over 40 forex assets. The commodities includes gold, oil, silver and more.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Shares	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌
Mutual Funds	❌

Account Type

AGBK Broker only provides one type of account: the AGBK PRO account with the minimum deposit of €50.

Besides, opening an account of AGBK Broker is easy and simple. You can click “register” and click your personal information such as name, email, date of birth, address and so on.

AGBK Broker Fees

AGBK PRO account offers forex spread from 0.1 pips. For indices, the spreads begin at 0.7 pips, while for commodities, the spreads start from 0.5 pips.

Asset Class	Spread
Indices	From 0.7 pips
Forex	From 0.1 pips
Commodities	From 0.5 pips

Trading Platform

AGBK Broker offers MT5 trading platform. Traders can access multiple time frames, from tick charts to monthly charts, enabling them to analyze price movements over different periods.