After Verification: AAG Markets Is Operating Through The Website Http://aagmarkets.com/, And The Domain Name Was Registered On November 4, 2023.
The Company's Website Is Currently Defunct, Inaccessible, Appears To Have Gone Out Of Business, And Details About The Company Are Not Immediately Available. Traders Are Requested To Exercise Extreme Caution In Case Their Funds Are Damaged Due To Fraud.
Due To The Inability To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That AAG Markets Does Not Currently Have Any Valid Licenses.
And The Broker's Website Http://aagmarkets.com/has Expired, Which Is A Bad Sign, Which All Proves That AAG Markets Is Very Likely A Fake Trader.
The Way You Can Approach AAG Markets Is By Email: Contact@aagmarkets.com, Or Phone: + 971 (4) 3305080.
But Most Non-compliant Brokers Will Not Disclose Their Direct And True Contact Information, Such As Phone Number Or Company Address.
Note: AAG Markets As An Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Lack Of Regulation Increases The Risk Of Potential Financial Losses Due To The Lack Of A Regulator To Hold Companies Accountable.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
According To An Internet Query:
Market Instruments
AAG Markets Advertises That It Is An International Financial Brokerage That Offers Online Trading Of Stocks, Forex, Indices, ETFs And Commodities.
Account Types
AAG Claims To Offer Three Types Of Trading Accounts, Namely Raw Spread, Standard And Vip. The Minimum Initial Deposit For The Original Spread And Standard Accounts Is Very High At $1,000, While The Minimum Initial Capital Requirement For Vip Accounts Is Even Higher At $100,000.
In Contrast, Licensed Brokers Allow Opening An Initial Account With A Minimum Deposit Of $100 Or Even Less.
If You Choose To Open A Raw Spread Account, Then You Will Need To Pay A Service Fee Of $3.50 To $10 After The First 50 Rounds Of Trading. There Is No Service Fee For Standard And VIP Accounts. The Broker Also Offers Islamic Accounts.
Leverage
AAG Markets Offers Leverage Ratios Of Up To 1:888, Which Is Much Higher Than What Most Brokers Offer. It Is Important To Remember That The Greater The Leverage, The Greater The Risk Of Losing Your Deposits. The Use Of Leverage Can Work Both In Your Favor And Against You.
Spreads
AAG Markets Claims That Different Account Types Can Enjoy Completely Different Spreads. Specifically, Spreads Start From 0.1 Pips For Original Spread Accounts And 0.8 Pips For Standard Accounts, While Only Vip Account Holders Can Enjoy The Original Spread Of 0 Pips.
But, As We Tested On Mt4 Accounts AAG Markets, 2 Pips For EUR/USD.
Trading Platform
What AAG Markets Supports Is The Most Trusted And Popular Metatrader4 In The World. In Any Case, We Recommend That You Use Mt4 Or Mt5 As Your Trading Platform.
Forex Traders Praise Metatrader For Its Stability And Credibility As The Most Popular Forex Trading Platform. Expert Advisors, Algorithmic Trading, Complex Indicators, And Strategy Testers Are Some Of The Complex Trading Tools Available On This Platform.
There Are Currently Over 10,000 Trading Applications Available On The Metatrader Market For Traders To Use To Improve Their Performance. By Using The Right Mobile End Points, Including Ios And Android Devices, You Can Trade Via Mt4 And Mt5 Anytime, Anywhere.
Deposit And Withdrawal
The AAG Markets Website Shows Payment Options Between Visa, Mastercard, Skrill And Neteller. However, After Opening A Real Account, You Can Choose To Deposit With Cryptocurrency, Telegraphic Transfer Or Credit Card. Payments Can No Longer Be Made Via Skrill And Neteller.
The Minimum Initial Deposit Requirement Is Said To Be Up To $1,000, But There Is No Mention Of What The Minimum Withdrawal Amount Is. As For The Processing Time Of The Withdrawal Request, The Brokerage Said That If The Withdrawal Request Is Made Before 2pm, It Can Be Processed On The Same Day.
Bonus
According To The Account Type Information, AAG Markets Appears To Offer Trading Bonuses For Both Standard And Vip Accounts, But The Terms And Conditions Document Does Not Specify The Conditions For Receiving The Bonus. In Any Case, You Should Be Very Cautious If You Receive A Bonus.
First Of All, The Bonus Is Not Client Money, But Company Money, And It Can Be A Very Difficult Task To Meet The Onerous Requirements That Usually Come With Bonuses. Keep In Mind That Regulated And Legitimate Brokers Do Not Offer Bonuses To Clients.
Customer Support
AAG Markets Can Be Contacted By Telephone: + 971 (4) 3305080,
Email: Contact@aagmarkets.com.
Company Address: Office 2001, Level 20, Al Saqr Business Tower, 91 Sheikh Zayed Road Dubai, United Arab Emirates.
