AG Capitals Review (2023)

AG Capitals is a Forex, CFDs and options broker. www.agcapitals.com is a brand name operated by AG Capital Ltd is registered in the Republic of the Marshall Islands. Many brokerages operate without regulation in offshore jurisdictions such as St. Vincent and the Grenadines, the Marshall Islands, Seychelles. One of the major reasons that these brokers choose to forego regulation is to cut their operational costs. Another reason is that those brokers are basically not regulated by any authority. That’s why we recommend avoiding trading with offshore-registered brokers. In addition, AG Capitals claims to be regulated by FCA, however, we didn’t find any records of this broker in the regulator’s register. Moreover, UK’s FCA has recently banned the broker:
“AG Capitals (link is external) is not authorised by us and is targeting people in the UK to invest in binary options (see regulated binary options brokers) and other investment products. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.”

All the traders are advised to avoid unregulated/offshore brokers as there is a huge risk of losing money with such firms. Instead, choose those that are regulated with reliable regulator agencies. For instance, if an FCA regulated broker goes bankrupt, its clients are covered by the Financial Services Compensation Scheme (FSCS). The traders are entitled to receive up £50,000 in total. Check the list of the FCA-regulated brokers.