Search

Avant-Garde foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://trade.avantgardetrading.com/signup, about the company's legal and temporary regulatory information, the company's address 230 W. Monroe Street Suite 845 Chicago, IL 60606.

Avant-Garde Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Prosperum Securities, LLC
Abbreviation
Avant-Garde
Company employee
--
Customer Service Email Address
info@tradeagt.com
Contact Number
+13128585748
Company address
230 W. Monroe Street Suite 845 Chicago, IL 60606
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Company Name AGT Registered Country/Area United States Founded year 2-5 years ago (specific date not provided) Regulation Not regulated Market Instruments Stocks, options, ETFs, futures, cryptocurrencies Account Types N/A Minimum Deposit N/A Maximum Leverage N/A Spreads & Commissions Commissions as low as 0 Trading Platforms No proprietary trading platform Customer Support info@tradeagt.com 312-858-5748 Deposit & Withdrawal Electronic bank deposits (ACH), wire transfers, checks, and account transfers Overview of AGT AGT, based in the United States, offers various trading assets including stocks, options, ETFs, futures, and cryptocurrencies. Founded within the past 2-5 years, it operates without regulatory oversight. The platform lacks proprietary trading software and a mobile app, with trading fees varying depending on membership status and asset type. While it provides multiple payment methods, the absence of educational resources could hinder trader development. Despite its relative youth, AGT's asset selection and competitive fees may appeal to traders seeking varied investment opportunities. Regulatory Status AGT operates without regulatory oversight. This lack of supervision raises risks about safety, fairness, and accountability. Without regulation, there's no assurance of product quality or ethical practices. Customers are vulnerable to risks like data misuse or fraud. Pros and Cons Pros Cons Various asset selection: Stocks, options, ETFs, futures, and crypto available No trading software Commission-free crypto trading Lack of regulatory oversight Membership benefits provided Lack advanced trading tools Multiple payment methods Lack educational resources Pros: Various Asset Selection: AGT offers a wide range of trading options, including stocks, options, ETFs, futures, and cryptocurrencies. This variety allows traders to diversify their portfolios and access different markets. Commission-Free Crypto Trading: AGT provides commission-free trading for cryptocurrencies, allowing traders to buy and sell digital assets without incurring transaction fees. This can result in significant cost savings, particularly for active crypto traders who frequently execute trades. Membership Benefits Provided: AGT offers membership benefits for a nominal fee of $5 per month. These benefits include fee discounts, enhanced customer support, and special promotional offers. Multiple Payment Methods: AGT supports various payment methods for funding accounts, such as electronic bank deposits (ACH), wire transfers, checks, and account transfers. Cons: No Trading Software: AGT currently does not offer its proprietary trading software, limiting traders' options for executing trades and accessing advanced trading tools. Lack of Regulatory Oversight: AGT operates without regulatory oversight, which raises risks about transparency, investor protection, and regulatory compliance. Lack of Educational Resources: AGT's platform lacks comprehensive educational resources and learning materials to support traders in their journey. Limited Trading Tools: AGT lacks advanced trading tools typically found on other platforms. These tools include features like advanced charting capabilities, customizable indicators, and algorithmic trading options. Market Instruments Avant-garde Trading (AGT) provides investors with a wide selection of trading assets, including stocks, options, exchange-traded funds (ETFs), futures, and foreign exchange (Forex). Stocks represent ownership in individual companies, allowing investors to participate in their performance and potential growth. Options provide the right to buy or sell an asset at a predetermined price within a specified time frame, offering flexibility and risk management strategies. ETFs are investment funds traded on stock exchanges, comprising a collection of securities such as stocks, bonds, or commodities, offering diversification benefits. Futures contracts involve agreements to buy or sell assets at a predetermined price on a future date, commonly used for hedging and speculation. Foreign exchange (Forex) trading involves the buying and selling of currencies, offering opportunities for profit based on exchange rate fluctuations. How to Open an Account? Opening an account with AGT is straightforward and can be completed in six simple steps: Visit the AGT Website: Go to the official AGT website using your web browser. Click on “Open an Account”: Look for the “Open an Account” or similar button on the homepage and click on it. Fill Out the Application Form: You'll be directed to an online application form. Provide the required information accurately, including your personal details, contact information, and any additional information requested. Verify Your Identity: AGT requires you to verify your identity to comply with regulatory requirements. This typically involves providing a copy of your identification documents, such as a driver's license or passport, and possibly additional documents like a utility bill or bank statement. Agree to Terms and Conditions: Review and agree to AGT's terms and conditions, including any disclosures or agreements related to trading. Fund Your Account: Once your application is approved and your identity is verified, you can fund your account. AGT typically offers various funding options, such as bank transfer or credit/debit card. Choose the option that works best for you and follow the instructions to complete the deposit. Spreads & Commissions Avant-garde Trading (AGT) offers competitive spreads and commissions across various asset types, making it an attractive option for different types of traders. For equities, self-directed traders enjoy a commission-free trading experience as members, while non-members are charged $4.99 per trade. Broker-assisted trades incur a $15.00 fee for members and $25.00 for non-members. In options trading, both self-directed and broker-assisted trades have similar fee structures for members and non-members. Self-directed traders pay $0.00 base fee plus $0.65 per contract, while broker-assisted trades are charged $1.50 per contract with a minimum of $15.00 for single-leg options and a minimum of $30.00 for multi-leg options. Program trading fees remain consistent across membership status, with $15.00 for equities and $1.50 per contract for options, subject to minimums. Notably, AGT offers commission-free trading for crypto assets, making it an appealing choice for cryptocurrency enthusiasts. Compared to popular brokers, AGT's fees are lower for certain asset classes, particularly for self-directed equities and options trading. However, broker-assisted and program trading fees are relatively higher. Deposit & Withdrawal AGT provides traders with a variety of payment methods for funding accounts. Electronic Bank Deposit (ACH) facilitates easy transfers between the trader's bank and their AGT account, typically established within 1-3 business days and incurring no fees. Wire Transfers offer a faster option for immediate trading, typically completing within 1 business day after an AGT account becomes open and active. Checks can also be mailed for deposit, subject to a 3-5 business day clearance period. Additionally, Account Transfers enable traders to move assets from existing brokerage accounts, typically completing within 1 week, with like-titled account requirements. Customer Support AGT offers customer support through email and phone. For assistance, you can reach them atinfo@tradeagt.com or dial 312-858-5748. Their support team is available to address inquiries, resolve issues, and provide guidance regarding AGT services. Conclusion In conclusion, AGT presents both advantages and disadvantages for traders. On the positive side, its wide range of market instruments, including stocks, options, ETFs, futures, and cryptocurrencies, offers ample trading opportunities. Additionally, commission-free crypto trading and membership benefits, such as fee discounts, can lead to significant cost savings for traders. However, the absence of regulatory oversight, limited trading tools, and educational resources may pose challenges for traders seeking comprehensive support and guidance. FAQs Question: What assets can traders trade on AGT? Answer: AGT offers a variety of assets, including stocks, options, ETFs, futures, and cryptocurrencies. Question: Is AGT regulated by any financial authority? Answer: No, AGT operates without regulatory oversight. Question: How can traders fund their AGT accounts? Answer: Traders can fund their AGT accounts using various payment methods, including electronic bank deposits, wire transfers, and checks.

Rating Index

How to login to Avant-Garde?
AGT Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the essential steps for registering, opening an account, and logging into the AGT platform. Whether you're a new user or looking to troubleshoot, this guide covers everything

Agt Forex Broker - Complete Information Guide

1. Broker Overview

Agt, officially known as Avant-Garde Trading Securities, has been operational for approximately 5 to 10 years, primarily based in the United States. The company is privately held and serves a diverse clientele, including retail and institutional traders seeking to access a variety of financial markets.

Founded within the last decade, Agt has established itself as a player in the trading industry, offering services to both novice and experienced traders. The firm has focused on providing a range of trading instruments, including stocks, options, ETFs, futures, and cryptocurrencies. Agt's development has been marked by its efforts to expand its product offerings and enhance customer service capabilities.

The company's business model centers around retail forex trading, allowing clients to engage in various trading activities through its platform. Despite its relatively recent establishment, Agt has made significant strides in attracting a customer base interested in diverse investment opportunities.

2. Regulatory and Compliance Information

Agt operates without regulatory oversight, which raises concerns regarding safety, fairness, and accountability. The absence of a valid regulatory license means that there is no assurance of product quality or ethical practices, making customers vulnerable to risks such as data misuse or fraud.

Key regulatory information includes:

  • Primary Regulatory Authority: None
  • Licensing Numbers: Not applicable due to lack of regulation
  • Regulatory License Validity and Scope: No valid regulatory information available; potential high-risk environment
  • Legal Entities in Different Regions: Primarily registered in the United States
  • Client Fund Segregation Policies: Not specified
  • Investor Compensation Fund Participation: Not applicable
  • KYC and AML Compliance Measures: Not detailed

Given the lack of regulation, potential clients are advised to exercise caution and conduct thorough due diligence before engaging with Agt.

3. Trading Products and Services

Agt offers a wide array of trading products, appealing to various trading preferences. The following outlines the key offerings:

  • Forex Pairs: Agt provides access to a variety of currency pairs, allowing traders to engage in foreign exchange trading.
  • CFD Products: The broker offers CFDs on indices, commodities, stocks, and cryptocurrencies, catering to traders looking for leveraged trading opportunities.
  • Unique Products: Agt features commission-free trading for cryptocurrencies, which can be particularly appealing to active traders in the digital asset space.
  • Product Update Frequency: The platform regularly updates its product offerings to meet market demands.
  • Retail Trading Services: Agt focuses on retail clients, providing them with the necessary tools and resources to trade effectively.
  • Institutional Client Services: While primarily retail-focused, Agt may also extend services to institutional clients.
  • White Label Solutions: Not specified in the available information.
  • Asset Management Services: Not mentioned.

Overall, Agt's diverse range of products positions it as an attractive option for traders seeking flexibility in their trading strategies.

4. Trading Platforms and Technology

Agt currently does not offer proprietary trading software, which limits traders' options for executing trades. However, the broker provides access to popular platforms:

  • MetaTrader 4/5 Support: Agt does not support MT4 or MT5, which may limit advanced trading functionalities for some traders.
  • Web-Based Trading Platform: The specifics of the web-based platform were not detailed, but it is expected to facilitate easy access for traders.
  • Mobile Applications: There is no mention of dedicated mobile applications for iOS or Android, which could impact traders' ability to trade on the go.
  • Execution Model: Agt's execution model is not clearly defined, but it is crucial for traders to understand how their orders will be processed.
  • Server Locations and Technical Infrastructure: The technical infrastructure details were not provided, which raises questions about the reliability and speed of trade execution.
  • API Access and Automated Trading Support: No information is available regarding API integration or support for automated trading strategies.

The lack of proprietary platforms and mobile applications may deter some traders from choosing Agt as their primary broker.

5. Account Types and Trading Conditions

Agt's account offerings and trading conditions are essential for potential clients to understand:

  • Standard Account Conditions: Specific details regarding minimum deposits, spreads, and commissions were not provided, making it difficult to gauge the overall cost of trading.
  • Advanced Account Types: There is no information about VIP or professional accounts, which may limit options for high-volume traders.
  • Special Accounts: No mention of Islamic or corporate accounts was found.
  • Demo Account Policy: Details regarding the availability of demo accounts were not specified.
  • Leverage Ratios: The leverage offered by Agt is not detailed, which is a critical factor for traders considering risk management.
  • Minimum Trade Sizes: Information on minimum trade sizes is currently unavailable.
  • Overnight Fees Policy: No specifics on overnight fees were provided.

The lack of detailed information on account types and trading conditions may hinder traders' ability to make informed decisions about opening an account with Agt.

6. Fund Management

Agt facilitates various funding options for its clients, which are crucial for account management:

  • Supported Deposit Methods: Agt accepts electronic bank deposits (ACH), wire transfers, checks, and account transfers, providing flexibility for clients.
  • Minimum Deposit Requirements: Specific minimum deposit amounts for different account types were not disclosed.
  • Deposit Processing Times: Typically, deposits are established within 1-3 business days, but exact timelines were not confirmed.
  • Deposit Fees: Information regarding any applicable deposit fees was not provided.
  • Withdrawal Methods and Restrictions: Agt allows withdrawals through similar methods, but details on potential restrictions are unclear.
  • Withdrawal Processing Times: The specific timeframe for processing withdrawals is not mentioned.
  • Withdrawal Fee Structure: There is no available information regarding withdrawal fees.

The absence of detailed fund management information may deter potential clients from fully committing to Agt.

7. Customer Support and Educational Resources

Customer support quality and educational resources are vital for traders seeking assistance:

  • Support Channels: Agt offers support via email and phone, with the contact email being info@tradeagt.com and the phone number +1 312-858-5748.
  • Service Hours and Time Zone Coverage: Specific service hours were not detailed, which may affect clients in different time zones.
  • Multilingual Support: There is no information on the availability of support in multiple languages.
  • Types of Educational Resources: Agt lacks comprehensive educational resources, such as webinars, tutorials, or eBooks, which could hinder trader development.
  • Market Analysis Services: No information was provided regarding daily market analysis, news, or research reports.
  • Trading Tools: There is no mention of trading calculators, calendars, or signal services that could assist traders.

The lack of robust customer support and educational resources may limit Agt's appeal, particularly to novice traders.

8. Geographic Coverage and Restrictions

Understanding the geographic coverage and any restrictions is crucial for potential clients:

  • Primary Service Markets: Agt primarily serves clients in the United States, but specific regional details were not provided.
  • Regional Office Distribution: There is no information about regional offices or their locations.
  • Countries/Regions Not Accepted: Agt does not accept clients from certain countries, but the specifics were not mentioned.
  • Special Restrictions: No additional restrictions were noted in the available information.

The lack of clarity regarding geographic coverage may pose challenges for potential clients considering Agt as their broker.

In conclusion, while Agt presents a variety of trading products and services appealing to different traders, the lack of regulatory oversight, detailed account conditions, and robust support may pose risks and challenges for potential clients. It is crucial for traders to conduct thorough research and consider their individual needs before choosing Agt as their broker.

Avant-Garde Similar Brokers

Unverified
TCC
No license plate
1.52
Score
MDC
MDC Forex Broker - Complete Information Guide   1. Company Overview   MDC Forex,
1.52
Score
RICO
Rico Forex Broker - Complete Information Guide   1. Broker Overview   Rico, offi
1.53
Score
Unverified
Royal
No license plate
1.52
Score
Axis Bank
Axis Bank Forex Broker - Comprehensive Information Guide   1. Broker Overview
1.52
Score
Unverified
CCF
CCF Forex Broker - Complete Information Guide   1. Broker Overview   Central Cap
1.53
Score
Swedbank
Swedbank Forex Broker - Complete Information Guide   1. Overview of the Broker
1.52
Score
Revoked
FPR
No license plate
1.52
Score
1.56
Score
1.55
Score
Clone Firm
maikewei
No license plate
1.56
Score
1.55
Score
APT
APT Forex Broker - Complete Information Guide   1. Overview of the Broker   APT,
1.55
Score
1.56
Score
1.56
Score
Anugrah
Anugrah Forex Broker - Complete Information Guide   1. Broker Overview   Anugrah
1.55
Score
GOLDEN FALL
Golden Fall Forex Broker - Complete Information Guide   1. Broker Overview   Gol
1.55
Score
ORA
ORA Forex Broker - Complete Information Guide   1. Broker Overview   ORA is a fo
1.55
Score
Clone Firm
Fake SVSFX
No license plate
1.55
Score
1.55
Score
Buy or Sell
Buy or Sell Forex Brokers - Complete Information Guide   1. Broker Overview   Fi
1.55
Score

Latest Reviews

FX1367639996

FX1367639996

United States

It's a pity that Avant-Garde Trading does not provide skrill or neteller as deposit and withdrawal channels. Given that there is nothing particularly appealing to me about this company, my willingness to trade here is low.

37130

2023-03-10

Avant-Garde Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.09, Software Index 4.00 Risk Control Index 0.00.
Avant-Garde