AG Capitals Review – Another Binary Options Broker Scam? The TRUTH Uncovered

AG Capitals is yet another promising binary options broker advertising up to 92% return. The platform promises the provision of commodities, Forex, Stocks, and other trading assets. It is a simple platform that looks pretty intriguing for the beginners…

AG Capitals Broker Website Screenshot

AG Capitals is trying its best to make things look extremely simple, easy-going and profitable. In fact, all brokers adopt this strategy to encourage new brokers who want to make some quick money through online trading.

We have received a number of emails requesting of a third-party review on this broker. If you are interested in this platform, you need to have a clear idea about its background, features, and policies to evaluate AG Capitals scam chances on the basis of the reliable information.

AG Capitals Review Summary

Cost: $250+

Recommended: No (See Our Top Ranked Legit Program Here)

Rating: 0/100

Summary: AG Capitals is one of the newer binary options scam brokers (launching in 2018) however already the FCA has warned that they are not licensed and we 100% do not recommend trading with them. If you have already lost money to AG Capitals though then we advise you keep reading this review to see how you can get your money back.

Quick Navigation

We have put together a detailed AG Capitals review on this page however we appreciate that you may have just come here looking for some specific information so to make things easier for you we’ve also put together some quick navigational links below:

 

AG Capitals Background

AG Capitals is operated by AG Capitals Limited. The website mentions the following address…

PO Box 1405, Majuro, Marshall Islands.

There is another address of the office in UK…

Berkeley Square House, Berkeley Square, London.

  • Phone: +44 203 944 9000
  • Email: support@agcapitals.com
  • Web: www.agcapitals.com

AG Capitals offers 60-sec, 2-min, 3-min, 5-min, 10-min, 15-min, 30-min, 45-min, and 1-hr short term options. The long term options include 2-hrs, 4-hrs, 8-hrs, 16-hrs, 1-week, and 1-month.

In addition, AG Capitals entertains Touch Options and Range Options.

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The education section features exclusive AG Capitals webinars for its clients. The platform also offers an eBook to help the traders improve their trading skills to make to most of the binary options trading. If that’s not enough, try education videos which explain the basics of binary options trading. The broker also offers market analysis updates but these updates are more suitable for experienced professional traders.

AG Capitals website is available in Persian (Farsi), Chinese, Arabic, and English. The website is easy-going and fully-responsive. There are various customizable features that allow the traders to benefit from advanced analysis and trading instruments. It is easy to organize the tools as per your requirements.

The good news is that $10 is the minimum trade size. You can also opt for the expert advice for automated trading.

AG Capitals promises the provision of a Mobile App; Coming Soon, states the website. As per the website’s content, the mobile app will be compatible with iOS, Windows, and Android. If they really launch the app, it may attract Microsoft Lumia users because most of the brokers don’t offer an app for Windows.

Is AG Capitals Regulated?

Here comes the most important consideration, the legal status. The broker’s website claims that the AG Capitals Ltd. is registered in the UK. The license number is 10448756.

In addition, the broker also claims registration in the Marshall Islands. The license number is 92678.

Well, we are disappointed after reading this. Registration is different from regulation. Registration doesn’t ensure the security of the trader’s funds. If the broker goes bankrupt, the traders have nowhere to seek the refund. Only a legitimate regulatory authority can entertain a refund request. On top of that, the AG Capitals website doesn’t name the registration authorities. It is clear that the above-mentioned license numbers don’t belong to a reliable authority.

Just a few days back, on 23-11-2018, FCA (UK) issued a public warning against AG Capitals. The content of the warning states that the firm is not authorized to offer financial services in the UK. FCA also claims that AG Capitals is soliciting the UK citizens without any legal permission.

That isn’t a good sign. We come across various unregulated brokers but in this case, we are dealing with a broker that is NOT regulated but is still trying to trick the visitors by using the term “Registered”. On top of that, it doesn’t specify the name of the registration authority. Moreover, we can’t trust a binary options broker operating from an off-shore location.

AG Capitals Complaints

AG Capitals is a new broker and most of the world doesn’t know about it. In addition, if you Google AG Capitals, you don’t find anything other than its own website and the FCA warning issued a couple of days ago. It is a clear sign that the traders aren’t yet aware of this platform. The website isn’t receiving much traffic. But we are not happy with the false claims. The website lies about its legal status. The FCA (UK) denies AG Capitals by calling it a possible scam activity.

AG Capitals Withdrawal

First, you have to access the withdrawal form and print it (pdf). Sign the form and then scan it and email the form along with the required identification documents (one time process). The processing of the withdrawal transaction requires from 3 working days to 5 working days.

AG Capitals facilitates Bank Wire and Credit Card as the mode of withdrawal. The withdrawal policy doesn’t specify any minimum amount. The terms also lack any hint about the withdrawal fee. It just says that the fee depends on the selection of the withdrawal method but it doesn’t specify anything in detail.

Is AG Capitals a Scam?

AG Capitals scam analysis is a tough ask at the moment. The broker has just entered the industry. But the website content does trigger the suspicion. FCA has warned the public against this broker. So things are not really promising. Though it is too early to conclude, we do smell a rat.

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Our Verdict on AG Capitals

Thumbs Down

We do NOT recommend AG Capitals. The mobile app is not available at the moment. The website claims that the app is coming soon but the date is not mentioned. The terms and conditions are not clear. They are taken from other websites and pasted after a bit of editing. The fees and charges are also hidden. It isn’t regulated, it makes false claims about its legal status, and there is nothing transparent. This is not the platform you should consider.

Get Your Money Back From AG Capitals

Since publishing this AG Capitals review it has come to our attention that a few people have reported having lost money to AG Capitals. They mentioned that their withdrawals were blocked when they requested their funds & as a result they believe they have been scammed by AG Capitals.

If you too have also found yourself in the same boat & believe that you have also been scammed as well then rest assured that you have landed in the right place as we have put together a free money reclaim guide which shows you exactly how you can get your money back from AG Capitals.

The guide walks you step-by-step through the process of reclaiming your funds & it has been proven to work as to date it has helped thousands of people to successfully retrieve their funds from binary options scams.

You can get access to the guide for free by clicking here.

A Better Way To Make Money Online

As we mentioned previously in this review we do not recommend trading with AG Capitals, in fact we actually do not recommend binary options trading in general… So you might be wondering, what do we recommend?

Well after investigating various money making opportunities online the good news is that we have actually come across several legitimate ones – however there has been 1 in particular which has stood out from all of the others.

As a result we have named this particular opportunity our number 1 recommendation for working from home & if that’s something you’re interested in then you can get access to it for free by clicking the link below:

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About the Author:
Hi, I'm Dale, the founder of Stopping Scammers. I fell victim to an online scam many years ago & I launched this website, as a result, to protect others from making the same mistake. I now earn a living working online after discovering a legitimate method called affiliate marketing & I aim to share what I've learned to help others to do the same. You can report a scam here or you can see the legitimate methods for earning online here. I truly hope you find this website helpful.

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