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AgraMarkets

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has found that AgraMarkets appears to be a scam AgraMarkets claims to be registered in Saint Vincent and the Grenadines. Although Agra Markets LLC appears in the registry of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, this registration only reflects its status as an International Business Company, but not a valid financial services license. Additionally, it states that it is an approved member of The Financial Commission (FC). However, the FC is not a regulatory authority but rather an external dispute resolution organization. Membership in the FC does not imply regulatory approval or compliance for brokerage operations. AgraMarkets also claims to have operational bases in Hong Kong and the United Kingdom. However, neither the Securities and Futures Commission (SFC) of Hong Kong nor the UK’s Financial Conduct Authority (FCA) lists any entity associated with AgraMarkets in their official registers. Therefore, AgraMarkets appears to be a fraudulent platform.

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Has anyone opened an account on AgraMarkets? Dear Investor, AgraMarkets is not a reliable trading platform. The broker has not provided any valid regulatory information, merely claiming to be registered in Saint Vincent and the Grenadines. While we did find an entity named Agra Markets LLC in the registry system of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, even if this is indeed the company behind AgraMarkets, it merely indicates its incorporation as an International Business Company (IBC) and does not mean it holds any valid regulatory licenses. The SVG FSA has publicly stated that it does not regulate forex or CFD trading. Furthermore, AgraMarkets claims to be an approved member of The Financial Commission (FC). Please note that the FC is merely an external dispute resolution organization, not a regulatory authority for forex trading, and it does not issue financial licenses. Therefore, AgraMarkets is effectively unregulated. We strongly advise you to avoid trading with such a platform to protect your financial security. View Source

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How's AgraMarkets micro account Dear Investor, We do not recommend trading with AgraMarkets. Firstly, the firm claims to be registered in Saint Vincent and the Grenadines. Although Agra Markets LLC appears in the registry of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, this registration only reflects its status as an International Business Company (IBC). Importantly, such IBC registration does not constitute a valid financial services license. Moreover, the SVG FSA has explicitly clarified that it does not regulate or license forex trading activities. Additionally, it states that it is an approved member of The Financial Commission (FC). However, the FC is not a regulatory authority but rather an external dispute resolution organization. Membership in the FC does not imply regulatory approval or compliance with international standards for brokerage operations. Furthermore, AgraMarkets claims to have operational bases in Hong Kong and the United Kingdom. However, neither the Securities and Futures Commission (SFC) of Hong Kong nor the UK’s Financial Conduct Authority (FCA) lists any entity associated with AgraMarkets in their official registers. This confirms that the firm is not authorized to provide financial services in either jurisdiction. In light of these facts, AgraMarkets exhibits strong indicators of being an unregulated and potentially fraudulent brokerage. We strongly recommend that you avoid engaging in any trading activity with this platform to protect your capital. View Source

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