Unfortunately, AGKapital broker will not get any awards for being transparent or legit. All we can do is present all the evidence we found regarding the AGKapital scam, and you decide for yourself whether this trading firm is worth your time and money or not.
But before you continue reading this article, we encourage you to read our recently updated PrimeXBT, InstaForex and TradedWell scam broker reviews. Without a doubt, it will save your money, nerves and time!
|Broker Status:||Unregulated Scam Broker|
|Regulated by:||Unlicensed Company (No Regulation)|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||CNMV, CONSOB, DFSA|
|Online Trading Platforms:||WebTrader|
|Mobile Trading:||Only via web browser|
|Crypto Asset Trading:||BTC, ETH, XRP (9 cryptos available)|
|CFD Trading Option:||Yes, you can trade CFDs|
|Available Trading Instruments:||Forex (FX), Commodities, Indices, Shares, Cryptocurrencies|
|Islamic Account:||Not Available|
|Free Demo Account:||No|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Is AGKapital Safe And Regulated? – The Importance Of Regulation
AGKapital is an anonymous brand that claims to exist for the last 15 years. Yet, we have nothing about the owner, all we got was information that the company can be found in London. Since the address looks like this – BX4F+9P London, United Kingdom, all we can say is to watch out for the AGKapital trading scam.
There are implications that AGKapital is related to another fraudulent firm, AlgofGain, both based in Estonia.
As you know, one of the most important things is the broker’s license. Therefore, we’ve searched through the FCA, ASIC, BaFin, and a couple more Tier1 registers, looking for AGKapital regulation and some proof that this trading firm can be trusted. And we found nothing.
What’s Wrong With a License?
Since the broker is unregulated, it implies that your funds are at risk. As we mentioned, regulation is what makes the difference since regulators are obliging companies to form compensation funds that will be used to reimburse clients in case of scams.
Each client involved with Tier 1 regulated brokerage is entitled to up to 85,000 EUR of compensation.
And that’s why we would strongly advise you to avoid the AG Kapital forex broker.
Scam Warnings From Financial Watchdogs
Besides regulating firms, financial authorities are dealing with complaints as well. Some of the EU regulators received numerous AGKapital complaints and decided to publish an official warning. The first one to do so was Spanish CNMV. This warning was followed by the same one from Danish DFSA and Italian CONSOB.
Negative AGKapital Reviews – Stay Away From Trading Scam
One thing we’ve noticed, AGKapital reviews are full of negative comments regarding the platform, account managers, withdrawals. Everything that should be smooth and good seems to be off track. You may have noticed that the broker has a large AnyDesk logo and a link to download this particular app on their website.
AnyDesk is a tool an account manager can use to access your computer or mobile device, and from there, your online banking. Many clients reported that their funds disappeared from their banks without approval.
What Are Trading Platforms Available? – Trading Software
While writing this AG Kapital review, we hoped we would find something good to point out. Maybe reputable software such as MT4 or MT5. Yet, we were disappointed once again. There’s only one AGKapital trading platform, and it’s a Web trader.
AG Kapital WebTrader
From what we’ve seen, AG Kapital claims to have 21-time frames, one-click trading, allows hedging, and there are 80 technical indicators. Knowing this broker’s reputation, we wouldn’t trust it. However, we were not willing to pay the money for testing, as there’s no Demo account.
Mobile Trading App
AG Kapital login via mobile is a bit difficult as the broker doesn’t have a mobile app per se. Clients can log in using a web browser on an Android or iOS device and get everything they would have on their desktop.
AGKapital Trading Instruments – What Can I Trade?
From what we saw, AG Kapital offers access to 5 most important markets, including:
- Forex – EUR/USD, GBP/USD
- Commodities – Gold, Silver
- Indices – NASDAQ, FTSE100
- Shares – Tesla, Amazon, Facebook
- Cryptocurrencies – BTC, ETH, XRP
All trades are executed on the WebTrader, but some basic terms such as leverage and spread remain unclear. It practically means that you’re going into trading blinded as you never know your buying power or company’s fee.
AGKapital Trading Accounts – Account Types
There are 4 AGKapital account types:
- Mini – 250 USD/EUR/GBP
- Standard – 5,000 USD/EUR/GBP
- Bronze – 25,000 USD/EUR/GBP
- VIP – invitation only
We are not quite sure how the broker picked the names as they make no sense, but these accounts differ in the initial deposit and perks such as withdrawal fees, account manager, and more. Also, by choosing a Mini account, you will only have access to the Forex market.
As you can tell, AGKapital’s minimum deposit is 250 units, and the currency depends on the country of origin.
Free Demo Account
Unfortunately, there’s no AGKapital Demo account, implying that you will have to invest the minimum if you wish to see the offer.
Scammed By AGKapital Broker? – Talk To Our Recovery Experts!
If you fall victim to the AGKapital scam, let us know. It’s important to know that you’re not the only one and that Global Fraud Protection receives complaints daily. Talk to our recovery experts and see what the best way to get your money back is.
Contact us via online chat to book your free consultation. It’s your first step towards recovery!
Don’t Let the Scammers Go Away for Free!
What Is AGKapital, And Should I Invest Money In It?
In reality, it is an online trading Forex and CFD provider without a license.
Can I Trade Cryptocurrencies And CFDs With AGKapital broker?
Yes, clients can trade crypto and CFDs on commodities, indices, and shares.
Does AGKapital.com Have a Mobile Trading App?
Broker doesn’t have a mobile app, and all the trading goes via a web browser.