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

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

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)

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.

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.

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.