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Is AG Capitals Scam or Legit Broker?

No, AG Capitals is not a safe broker to trade with. AG Capitals is a brand name operated by AG Capital Ltd is registered in the Republic of the Marshall Islands. Many brokerages operate without regulation in offshore jurisdictions such as St. Vincent and the Grenadines, the Marshall Islands, and Seychelles. 

About AG Capitals
🗺️ Registered inMarshall Islands
🗺️ Type of LicenseOffshore License
🛡️ Is AG Capitals safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

What is AG Capitals?

AG Capitals is a Forex, CFDs, and options broker. However, the broker is not trustworthy as it does not hold a serious license.

  • One of the major reasons that these brokers choose to forego regulation is to cut their operational costs.
  • Another reason is that those brokers are basically not regulated by any authority. That's why we recommend avoiding trading with offshore-registered brokers. In addition, AG Capitals claims to be regulated by FCA, however, we didn't find any records of this broker in the regulator's register. Moreover, UK's FCA has recently banned the broker:

"AG Capitals (link is external) is not authorized by us and is targeting people in the UK to invest in binary options (see regulated binary options brokers) and other investment products. Based upon information we hold, we believe it is carrying on regulated activities which require authorization."

  • Instead, world-known top-tier authorities oversee brokers and provide full safety measures. For instance, if an FCA-regulated broker goes bankrupt, its clients are covered by the Financial Services Compensation Scheme (FSCS). The traders are entitled to receive up £50,000 in total. Check the list of FCA-regulated brokers.

AG Capitals - official websiteAG CapitalsReview Conclusion

All traders are advised to avoid unregulated/offshore brokers as there is a huge risk of losing money with such firms. Based on our findings, AG Capitals is not a reliable broker. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Alpari and XM.


AG Capitals Update

Recently the AG Capitals website remains inactive, meaning the broker has muted its trading offering and does not propose account openings. However, we still advise the traders to be alert and careful, in case they receive trading proposals. 

No news available.

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