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Rating Index

Pros

Competitive leverage of up to 1:400, allowing for potentially higher returns on investment.
Access to the popular MetaTrader 4 platform, which offers advanced trading tools and features.
Various account types available with a minimum deposit of $250, making it accessible for new traders.

Cons

High variable spreads, starting around 2.2 pips for popular currency pairs, which may be less favorable compared to other brokers.
Regulatory concerns, as AG Markets is not fully regulated and lacks oversight from major financial authorities.
Withdrawal fees can be high, particularly if trading volume requirements are not met, potentially impacting profitability.