Broker Review · last checked July 2, 2026
AGM Markets Review
AGM Markets Review finds a troubled Australian regulatory history, including ASIC warnings, licence revocation and court rulings on unconscionable conduct. This recovery review focuses on risk awareness, fact verification and comparing alternatives before opening an account.
- Regulators listed: ASIC
- Not verified from a current official source
- Historical research
In brief
Our AGM Markets review verdict
AGM Markets Review finds a troubled Australian regulatory history, including ASIC warnings, licence revocation and court rulings on unconscionable conduct. This recovery review focuses on risk awareness, fact verification and comparing alternatives before opening an account.
- 01Regulators
- ASIC
- 02Trading platform
- Platform support needs direct confirmation
- 03Entry cost
- Not verified from a current official source
- 04Main limitation
- Not a fit if you want a clearly active broker with current product pages
Key facts about Agm Markets
The legal entity, local rules and available account terms may change with the client's country.
- ✓AGM Markets Pty Ltd appears in ASIC’s public warning notices register.
- ✓ASIC issued a public warning notice against AGM Markets on 13 February 2018.
- ✓ASIC cancelled AGM Markets Pty Ltd’s AFS licence on 5 November 2018.
Who this broker suits
- Historical research
- risk-conscious comparison lists
- Readers checking enforcement history before considering any similar brand
- You want a clearly active broker with current product pages
- You need verified deposits, withdrawals, or platform details
- You are looking for strong current regulatory coverage
- You want low-risk or beginner-oriented broker options
Key facts table
| Metric | Detail |
|---|---|
| Review focus | Historical/recovery review of a broker with significant public enforcement history |
| Best-known regulator | ASIC |
| Known public risk signal | Warning Notice, Licence Cancellation, Court Findings |
| Minimum deposit | Not Verified From A Reliable Current Official Source |
| Platforms | Not Verified From A Reliable Current Official Source |
| Funding methods | Not Verified From A Reliable Current Official Source |
| Suitable for beginners? | No strong public evidence supports that conclusion; readers should be cautious |
Where a fact could not be verified from a primary source, we state that clearly instead of guessing.
AGM Markets and the main risk finding
AGM Markets warrants caution. ASIC records show a warning, licence cancellation and Federal Court findings of systemic unconscionable conduct relating to OTC derivatives. For most retail traders, this history indicates serious risk and points towards brokers with current licences and cleaner records.
AGM Markets’ public record, not a current offer
AGM Markets does not present as a typical low-risk broker. Its public profile is shaped by regulatory action rather than transparent product information. No reliable current official website was found, so this recovery review relies on regulator data and identifies what to check before dealing with an entity using the AGM Markets name.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Details |
|---|---|---|---|
| AGM Markets Pty Ltd | Authorised then cancelled — ASIC | ASIC public registers / media releases | AFS licence 422662; public warning 13 Feb 2018; licence cancelled 5 Nov 2018; ASIC cited unconscionable conduct. |
| AGM Markets Pty Ltd | Subject To Asic Public Warning | Asic Public Warning Notices Register | Listed in ASIC warning notice dated 13 Feb 2018 with OT Markets Pty Ltd and Ozifin Tech Pty Ltd. |
| AGM Markets Pty Ltd | Court findings of misconduct | ASIC media releases | ASIC reported Federal Court findings of systemic unconscionable conduct and later $75m penalties. |
| AGM Markets brand website | Broker website / support centre | Official website | Not verified in public registers; current legal pages not confirmed from official website. |
Regulatory status is historical and negative; verify any current website claims separately.
AGM Markets in Australian FX and CFD enforcement
The case is a useful reference point in Australian FX and CFD enforcement history, as well as a cautionary due-diligence example. Regulator records are publicly accessible.
What the AGM Markets record raises
The record includes an ASIC warning and licence cancellation, alongside a Federal Court ruling on unconscionable conduct. There is no solid evidence of a stable, licensed retail offering, making AGM Markets unsuitable for traders seeking a clean regulatory record.
ASIC action against AGM Markets and client protection
ASIC records indicate that AGM Markets received a warning in 2018, had its Australian financial services licence revoked in the same year, and was later found by the Federal Court to have engaged in systemic unconscionable conduct concerning OTC derivatives. These facts seriously undermine claims that AGM Markets operates as a properly regulated broker today.
AGM Markets Review: account terms and platform access
No verifiable information on current account types, minimum deposits, spreads, leverage or platform offerings was found from credible official sources. Claims about AGM Markets’ current products should be treated sceptically unless supported by up-to-date legal-entity details and disclosure documents.
Funding and withdrawal evidence under the AGM Markets name
No official funding page was available to confirm payment methods, processing times or withdrawal fees. This matters because funding terms can reveal problems early. Where an offering uses the AGM Markets name, verify the payment processor, chargeback policies and client-money protections before transferring funds.
Jurisdiction and entity checks for AGM Markets
This review does not state where AGM Markets is available: the public evidence concerns Australian regulatory action only and does not confirm an active retail presence elsewhere. Availability may vary by legal entity, so verify the entity name, jurisdiction and licence status relevant to your country before proceeding.
Alternatives with clearer records than AGM Markets
Traders seeking a broker with a clearer, verifiable public record should look for firms actively regulated in their jurisdiction, with transparent fees and documented funding terms. Our regulated-broker and methodology pages can be used to compare safety, costs and platform support rather than relying on brand recognition alone.
Alternatives to AGM Markets
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | XTB review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Capital.com review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Colmex Pro review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | CMC Markets review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Interactive Brokers review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Common questions
Is AGM Markets safe?
Given the public regulatory history we reviewed, AGM Markets carries high risk. ASIC issued a warning, cancelled its licence, and the Federal Court found unconscionable conduct. While not every mention of the brand is fraudulent, proceeding requires caution.
Is AGM Markets regulated?
Historically, AGM Markets held an Australian financial services licence that ASIC later revoked. A cancelled licence is not active regulation, so do not assume the brand is currently regulated without checking official registers.
What is the minimum deposit at AGM Markets?
We found no reliable source confirming a current minimum deposit. If quoted a figure, always verify it against the latest legal entity documents before making any payment.
Which platforms does AGM Markets use?
No current official platform list is available from credible sources. Avoid relying on outdated marketing materials or forum posts; instead, refer to the broker’s official, up-to-date legal documents.
How do deposits and withdrawals work?
We could not verify current payment methods, fees, or withdrawal times. This gap matters because funding conditions can affect your ability to withdraw quickly in a dispute.
Should I open an account with a broker that has this kind of regulatory history?
For most retail traders, a broker with warnings, licence cancellation, and adverse court findings should not be the first choice. It’s generally wiser to select brokers with active licences, clearer disclosures, and stronger consumer safeguards.
Why is this page written as a recovery review?
The publicly verifiable record centres on enforcement history, not a clean, current product offering. This approach helps readers grasp the risks and verify facts before dealing with a legacy brand name.
Sources for this broker review
Use these records to recheck the legal entity, account terms and current product details before opening an account.