Is AGAM Scam or Legit Broker?

AGAM broker is a Non-Regulated Broker. It is NOT SAFE to trade with this company. We have checked the company and there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.

About AGAM
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is AGAM safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

What is AGAM?

Atlantic Global Asset Management or AGAM is a joint-stock investment fund company, that deals with investments, capital and asset management, preparation of companies for IPO, and also, develops fintech-directions, as stated on the official website. The broker claims its service and works in 35 countries all over the world, mostly in developed Asian markets while the address of the company is shown in Cabo Verde. In addition, the broker states its ownership of the large Asian bank which allows the company to preserve the security and processing of transactions.

  • However, the company operates without a license or authorization from the world watchdogs overseeing financial investment firms. The EU and other authorities constantly monitor financial offerings in order to protect clients from fraud, while issuing warnings to unlicensed companies that put a high investment risk. Atlantic Global Asset Management was detected by various regulators to provide its service without authorization, therefore appeared in a warning or blacklist of BaFIN (Germany), FCA (UK), FSMA (Belgium), and others.
  • “We believe Atlantic Global Asset Management firm has been providing financial services or products in the UK without our authorization. Find out why to be especially wary of dealing with this unauthorized firm and how to protect yourself from scammers.”

FCA, UK

  • “The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of the Atlantic Global Asset Management company. In spite of earlier warnings, the FSMA continues to receive questions from consumers regarding the company activities.”

FSMA, Belgium. 2017

AGAM Review

AGAM Review Conclusion

We strongly advise opening a trading account only with brokers that are regulated by respected world authorities and comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Eightcap.


AGAM Update

Based on our findings, the AGAM website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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