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Rating Index
Pros
Various trading accounts with a minimum deposit of $250, making it accessible for beginner traders.
Offers high leverage of up to 1:400, allowing for potentially larger profits.
Utilizes the popular MetaTrader 4 platform, which provides advanced trading tools and features.
Cons
High variable spreads, with reported spreads for EUR/USD around 2.2 pips, which is above average compared to other brokers.
Not fully regulated, as it operates under the Financial Markets Authority (FMA) in New Zealand, which may raise concerns for some traders.
Commission-free trading may be offset by higher spreads, impacting overall trading costs.
AG MARKETS broker Accounts
AG Markets Account Type
AG Markets offers six different types of trading accounts to cater to various trading needs and experience levels:
- Basic Account
- Minimum Deposit: $250
- Leverage: 200:1 / 300:1 / 400:1
- Recommended for inexperienced traders.
- Bonus: 20% on deposit.
- Standard Account
- Minimum Deposit: $500
- Leverage: 200:1 / 300:1 / 400:1
- Forex trading only.
- Bonus: 30% on deposit.
- Trading Account
- Minimum Deposit: $1,000
- Leverage: 200:1 / 300:1 / 400:1
- Allows trading of CFDs in addition to Forex.
- 3 risk-free operations included.
- Bonus: 40% on deposit.
- AGM Pro Account
- Minimum Deposit: $5,000
- Leverage: 200:1 / 300:1 / 400:1
- Allows trading of CFDs and indices.
- 5 risk-free operations included.
- Bonus: 50% on deposit.
- Premium Account
- Minimum Deposit: $25,000
- Leverage: 100:1 / 200:1 / 300:1 / 400:1
- Allows trading of shares and other instruments.
- 7 risk-free operations included.
- Platinum Account
- Minimum Deposit: $500,000
- Leverage: 100:1 / 200:1 / 300:1 / 400:1
- 10 risk-free operations included.
- Visit the AG Markets Website
- Go to AG Markets to access the account registration section.
- Choose Your Account Type
- Select one of the six account types based on your trading experience and financial capacity.
- Fill Out the Registration Form
- Provide personal information such as name, email address, and phone number.
- Verify Your Identity
- Upload necessary identification documents as required by the broker for compliance purposes.
- Fund Your Account
- Make the minimum deposit required for your chosen account type using various payment options such as credit/debit cards, bank wire, or e-wallets.
- Start Trading
- Once your account is funded and verified, you can start trading on the platform of your choice.
All accounts provide 1-on-1 support and daily reports. The trading platforms supported include MT4 and WebTrader.
AG Markets Broker Account Opening Process
To open a broker account with AG Markets, follow these steps:
Make sure to review the terms and conditions associated with your account type before proceeding.
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