Agah foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://agahgroup.com/, about the company's legal and temporary regulatory information, the company's address Agah Building, NO. 13, Pirooz St. Africa Ave, Tehran, IRAN.
Agah broker review
Agah Brokerage Co., established in 2005, is a prominent financial services provider based in Tehran, Iran. The company operates as a private entity and has developed a strong reputation in the Iranian financial market. Agah primarily serves both individual and institutional investors, providing a wide array of financial services tailored to meet their diverse needs.
Since its inception, Agah has achieved several significant milestones, including becoming a member of all major Iranian exchanges, such as the Tehran Stock Exchange (TSE), Iran Mercantile Exchange (IME), Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX). With over 90 branches across the country, Agah manages one of the most active trading stations in the industry.
The company operates under a business model that encompasses both retail forex trading and institutional services, offering clients access to various financial instruments and markets. This dual approach has enabled Agah to maintain a competitive edge in the rapidly evolving financial landscape of Iran.
In summary, Agah is a well-established brokerage firm that has been instrumental in shaping the financial services sector in Iran, providing robust trading solutions and contributing to the growth of the investment community.
Agah operates under the supervision of several regulatory bodies, ensuring compliance with local laws and regulations. However, it is important to note that as of now, Agah Brokerage Co. does not hold any valid regulatory licenses from recognized international authorities. The lack of regulation raises potential risks for clients, as there is no formal oversight to protect investors' interests.
The company adheres to local compliance requirements, including Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are essential for maintaining the integrity of financial transactions. Client funds are typically kept in segregated accounts to enhance security and provide a layer of protection against potential financial difficulties faced by the brokerage.
While Agah has made efforts to ensure compliance with local regulations, the absence of a formal regulatory framework may pose challenges for clients seeking assurance and protection for their investments.
Agah offers a diverse range of trading products and services designed to cater to the needs of various investors. The broker provides access to a variety of forex currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on global currency fluctuations.
In addition to forex trading, Agah also offers Contracts for Difference (CFDs) across different asset classes, including:
Agah frequently updates its product offerings, introducing new instruments to meet market demand. The firm also provides retail trading services, allowing individual investors to participate in the financial markets with competitive spreads and flexible trading conditions.
For institutional clients, Agah offers tailored services, including liquidity provision and white-label solutions, enabling other firms to leverage Agah's infrastructure and market access.
Agah supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms globally, providing traders with advanced charting tools, technical indicators, and automated trading capabilities. These platforms are well-regarded for their user-friendly interfaces and extensive functionality, catering to both novice and experienced traders.
In addition to MT4 and MT5, Agah has developed its own proprietary trading platform, which offers unique features and functionalities tailored to the needs of its clients. The platform is designed to provide a seamless trading experience, with fast execution speeds and a stable trading environment.
Agah also offers a web-based trading platform, allowing clients to trade directly from their browsers without the need for software installation. This flexibility is complemented by mobile applications available for both iOS and Android, enabling traders to manage their accounts and execute trades on the go.
The brokerage employs a robust technology infrastructure, with servers strategically located to ensure low latency and high-speed connectivity. Additionally, Agah supports API access for clients interested in automated trading solutions, enhancing the overall trading experience.
Agah provides multiple account types to accommodate different trading preferences and strategies. The standard account features competitive spreads, with a minimum deposit requirement that allows traders to start with a manageable investment. The account conditions typically include:
For more experienced traders, Agah offers premium account types, including VIP and professional accounts, which come with additional benefits such as lower spreads and personalized customer support.
The brokerage also provides Islamic accounts for clients who require Sharia-compliant trading options. These accounts are designed to adhere to Islamic finance principles, ensuring no interest is charged on overnight positions.
Agah offers a demo account policy, allowing potential clients to practice trading strategies without financial risk. This feature is particularly beneficial for new traders looking to familiarize themselves with the trading environment.
Leverage options vary by account type and product, with typical leverage ratios ranging from 1:100 to 1:500, providing traders with the ability to amplify their trading positions.
Agah supports a variety of deposit methods to facilitate client funding, including:
The minimum deposit requirements differ based on the account type, ensuring accessibility for a wide range of clients. Deposits are generally processed quickly, with most methods taking less than 24 hours to reflect in the trading account.
While Agah does not charge deposit fees, clients should be aware that their payment providers may impose fees.
Withdrawal options include bank transfers and e-wallets, with processing times varying based on the chosen method. Typically, withdrawals are processed within 1-3 business days. Agah aims to maintain a transparent fee structure, and clients are encouraged to review the withdrawal fees associated with their accounts.
Agah is committed to providing excellent customer support through various channels, including:
The customer support team is available during business hours, covering multiple time zones to assist clients effectively. Agah offers support in multiple languages, catering to its diverse client base.
To enhance trading knowledge, Agah provides a range of educational resources, including:
Additionally, Agah offers market analysis services, including daily updates, news, and research reports to help traders make informed decisions. Various trading tools, such as calculators and economic calendars, are also available to assist clients in their trading activities.
Agah primarily serves clients in Iran and has established a robust presence in the local market. The brokerage has several regional offices to cater to clients' needs effectively.
However, Agah does not accept clients from certain countries, including the United States, Canada, and regions where trading regulations may conflict with local laws. These restrictions are in place to ensure compliance with international regulations and to protect both the brokerage and its clients.
In summary, Agah is a well-regarded brokerage firm with a strong commitment to providing diverse trading services and support to its clients. While the absence of formal regulation may raise concerns, the company continues to operate within the framework of local laws, offering a range of products and services to meet the needs of its diverse clientele.