Agility Markets Review: Shedding a Light on this Scammer
Some scammers are harder to spot than others which applies to Agility Markets as well. They do not show many obvious signs of shady activity, but if you look closer, you can uncover a lot.
We bring you a closer look at this broker in our Agility Markets review. We will cover everything from their license, trading environment, and why you should avoid them, so buckle up and let’s go.
|Broker name||Reliable Broker Must Have|
|Legal name:||Agility Markets Pty Ltd||Transparently displayed in the disclaimer or legal documents|
|Regulation:||Unregulated||Within your legal jurisdiction – local regulator|
|Registered in:||Australia (allegedly)||Your country or the country whose license applies in your legal jurisdiction|
|Established:||2021||The older the domain – the higher the possibility the company is trustworthy|
|Website:||agilitymarkets.com||Domain should be from local or international zones, no .xyz, etc.|
|Financial Authorities Warnings:||N/A||None|
|Contacts:||Email: [email protected]
Phone: +612 8075 4553
|Phone, email, social media, web form|
|Is withdrawal possible:||Highly unlikely||Yes|
|Fees:||No (allegedly)||Transparent fees – list of spread and commissions|
|If Active on Social Media:||Facebook, Instagram, LinkedIn||Often present on social media|
|Investor Protection:||No||Compensation fund|
Agility Markets covers its tracks very dexterously when it comes to its license. They claim to have one and hope you will take their word for it. However, professional reviewers like us never trust brokers about their licenses, so we checked for ourselves.
Agility Markets is an Aussie-based company, putting them in the Australian Securities and Investment Commission (ASIC) framework. After checking their register, we found no firm under the name Agility Markets Pty Ltd, indicating that we are dealing with a scammer.
Furthermore, you can see that the information on their website is not meant for Australian and New Zealand residents, which is odd, to say the least, and can also be a sign of a scam.
When looking for your next broker, make sure they are 100% regulated. The preferred regulatory authorities include those from Singapore, Australia, Malaysia, and the United States, among others. Since Agility Markets does not have a license from any of these, we do not recommend you approach them.
Agility Markets Profile
The Agility Markets website has a lot going for it. It has a clean design and is fast and user-friendly. But this is only there to lull you into a false sense of security, so beware.
The platform you can use at Agility Markets is a proprietary one that the broker made available on PCs and phones. The best options are always MetaTrader 4 or 5, due to their versatility. WebTraders are far inferior and more dangerous as brokers can manipulate what you see on the screen and consequently you.
This scammer also claims you can open an account with $0, but after checking their payment methods section, we saw the Agility Markets Minimum Deposit for some payment methods is $5.
However, Agility Markets does not say what accounts you can open with that money. We only know that there are demo and live account options, but nothing more. Financial instruments you can trade include a standard set of assets:
- Precious metals
|Trading platforms:||AM Trader (proprietary platform)|
|Financial Instruments On Offer:||Forex pairs (EUR/USD, GBP/USD, AUD/CAD, etc.)
Indices (US500, GER30, HK50, etc.)
Commodities (cocoa, coffee, sugar, etc.)
Oil (crude oil, Brent, etc.)
Precious metals (gold, silver, etc.)
|Education or Extra tools:||Yes|
Is This Broker Safe?
No, AgilityMarkets is not safe, and you should avoid them at all costs! They do not have a license, and you cannot trust any broker with your money without one.
You can contact us today for free consultations if you need any tips on the trading landscape. We can help you avoid shady companies like the ones above and steer you in the right direction toward your next broker.
Trader Reviews – Sharing Experiences
If you follow us and our work, you know we value trader reviews immensely. They bring us a realistic perspective of a broker and what they are about. If a company is misbehaving in any way, traders will often air their dirty business online.
Agility Markets does not have a good track record on review sites. We found only two reviews on Trustpilot, both saying you should avoid the broker and that they needed money recovery services to get their investments back.
Other than that, we found no user ratings online, which can mean traders figured out Agility Markets is a scam and did not invest. This is a good decision and one we advise you to make too.
How Does the Agility Markets Platform Reach Clients and Who Are They?
With limited information on review sites, we cannot know exactly where the victims of this scammer come from. Since they are registered in Australia, we can assume they target Australian traders, but this is only a guess.
Deposits and Withdrawal Methods
AgilityMarkets has an elaborate list of payment methods and fees that come with it. Clients can fund their accounts using
- Wire transfers
As for the fees, AgilityMarkets claims both deposits and withdrawals are free, but we sincerely doubt that. Free deposits are usual in the industry, but no broker will give you your money and not charge you a small fee.
Reasons To Avoid This Company
We can make a lengthy list of reasons to avoid AgilityMarkets, but since we are short on space here, we will say the main one is their lack of license. Do not trust any unregulated broker since no one can guarantee your fund safety in that situation.
AgilityMarkets lied about many things which is alarming on its own and shows other signs of shady activity, so it is in your best interest to stay away from them.
Our Safe Trading Experts’ Opinion of Agility Markets
Bringing this Agility Markets Review to a close, we hope you saw the true face of this fraudster and that you will not engage with them.
However, do not lose hope in trading. There are many trustworthy brokers on the market, and we can help you find them. Contact us today for free consultations, and let’s get you the broker you deserve!
Is Agility Markets regulated?
No, Agility Markets is not regulated. We did not find their name in any register, making them risky for business.
How do I start forex trading?
Our advice is to expand your forex knowledge first. Read up on the subject, watch educational videos, and study the market. Next, you want to find a reliable broker, and we can assist you there. We will consult with you and make sure you make the right choice, all free of charge.
How can you help me choose the best forex or crypto broker?
The best thing we do for you is personalize the offer. We analyze your needs and skills and then make our suggestions based on that.