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• Our Review Method

• Is AG Capitals Scam or Legit Broker?

• What is AG Capitals?

• Conclusion

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding AG Capitals due to the issues we've identified.

Is AG Capitals Scam or Legit Broker? ▲

No, AG Capitals does not emerge as a trustworthy brokerage option for traders. Operating under the company name AG Capital Ltd, it finds its registration in the Republic of the Marshall Islands. A common trend among brokerages is to set up operations in offshore locations such as the Marshall Islands, St. Vincent and the Grenadines, and Seychelles, primarily due to the lenient regulatory requirements in these jurisdictions.

• About AG Capitals

• Registered in: Marshall Islands

• Type of License: Offshore License

• Is AG Capitals safe to trade: No

• Recommended Licenses: FCA in UK & ASIC in Australia

Pros and Cons of AG Capitals:

Pros:

• Unfortunately, there are no standout positive aspects that could outweigh the significant concerns associated with AG Capitals.

Cons:

• Offshore registration raises significant safety concerns.

• Claims of regulation by FCA found to be unverified.

• Lack of transparency regarding trading conditions and contact details.

• Absence from FCA regulated brokers' list despite claims.

• FCA's explicit warning against AG Capitals for unauthorized operations.

What is AG Capitals? ▲

AG Capitals presents itself as a broker for Forex, CFDs, and options trading. Nonetheless, the lack of a substantial regulatory license casts a shadow over its credibility. Foregoing regulation often allows brokers to reduce operational expenses significantly. Moreover, the absence of regulation essentially means no authoritative oversight is in place. AG Capitals' claim of being regulated by the FCA appears unfounded upon investigation, adding to the skepticism. Furthermore, the broker has faced direct censure from the UK's FCA, which has issued a warning against it for unauthorized activities.

AG Capitals Review Update

Recently, the AG Capitals website has become inactive, indicating a cessation in offering trading accounts. However, traders are advised to remain vigilant for any trading proposals that may surface.

Conclusion ▲

Traders are strongly encouraged to steer clear of unregulated or offshore brokers due to the heightened risk of financial loss. AG Capitals, through our comprehensive review, has been determined to lack reliability. The absence of clear information on regulations, trading conditions, and contact means should serve as a major deterrent for potential investors. Often, such entities engage in investment scams. Instead, trading with brokers regulated by reputable authorities like the FCA in the UK or ASIC in Australia is advised. Companies like Alpari and XM, which are subject to stringent regulatory standards, offer a safer trading environment.

Despite the recent inactivity on the AG Capitals website, a cautious approach is recommended for traders who might encounter trading proposals from this entity in the future.