AGM Forex Broker Review

AGM Markets limited or AGM Forex broker is also a new entrant in the market and was established in the year 2011 and also have internet based online trading service for their customers. They are regulated by CySec, a regulating authority in Cyprus and also have its office in the same country. Mobile tading facility is also made available to the customers and this ensures that the customer can continue to do trade even when they were travelling. The browser based platform ensures that the trader can trade directly without having to download any software. The various payment options include credit cards, bank transfers and MoneyBookers. All these methods are very fast making deposit and withdrawal of funds very easy. They have different types of accounts which range from standard to ECN and the minimum amount that you would require to open normal account with them is $100. However if you want to open an ECN account the minimum deposit required is $500. The swap between the accounts is not allowed and the demo account for the traders is allowed for unlimited time. The competitive trading conditions allow the customer to earn maximum profit and help in trading successfully.

The demo account is available to the customer for free for unlimited time period. The trading platform for both demo as well as real trading account is Meta Trader 5. Meta Trader 5 is the next improved version of the Meta Trader 4 and is loaded with many features. However, the reliability and its usefulness in trading are still in naïve phase and needs a lot of testing. They have many charting facility and have analyzer of both traditional as well as fundamental types. The various promotions and bonuses offered by the company can be easily accessed on their website.

The reviews are posted by the users to express their gratitude as well as concern when using a product or service. The reviews for AGM forex broker have been very positive and to reach a position that it has in such a small span of time is really commendable. The innovative and latest version of Meta Trader 4 trading platform is Meta Trader 5 and definitely has more and better features which helps in trading successfully. The customer support service is excellent and is very prompt in their replies. A very interesting trading facility is the option of swap free between the standard and ECN accounts and is a feature liked by many traders. They do not allow hedging but have a round trip option in which there is a commission of $5 to $6 for every open and close of trade using ECN accounts. The most loved service of the company is that they are well regulated and there is a compensation provided to the traders which amounts up to $20,000 through ICF. The overall review however is good and the average rating that is conferred upon the company by its various users is 5.6 out of 10 which are pretty good score for a new company.

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