There are so many positive reviews about this company that inexperienced traders might perceive the platform as a safe and profitable broker for CFD trading. However, we want to warn you that AGlobalTrade is not the firm it claims to be. It resembles a scam, and here’s why.
Brief Overview
- 🖥Official Website: https://aglobaltrade.com/
- ✈️Contact Address: Fomboni, Island of Mohéli, Comoros Union
- 📞Customer Support: +18007570137, [email protected]
- 🔐Licensing and Accreditation: MISA
- ⏳Track Record: 2023
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $500, 1:400
- 💰Additional Services: education, account manager, daily analysis
Aglobaltrade.com Examination
Let’s start with the fact that the AGlobalTrade website looks overly “polished”, but as they say, if the packaging is too good, there might be something wrong with the contents. The first thing that catches the eye is the generic design. All those bright banners and smiling faces seem like they’re straight from free stock images. Such a setup inspires more doubt than confidence. Now, onto the details.
The site’s structure is typical and standard. At the top, you can see all the main sections:
- About the company.
- Terms of Trade.
- Educational resources.
- Tools.
In the footer, there’s a risk disclaimer and information about the legal entity. AGlobalTrade is owned by an offshore organization, VIRTUOSO CAPITAL LTD.
The images look nice, but they don’t add any trustworthiness. Next to promises of “transparency” and “innovation”, the visuals seem downright laughable. Automated trading robots may sound cool, but when the illustration is just an android with graphs, it’s hard to take it seriously.
AGlobalTrade uses a lot of meaningless and pompous phrases — a classic hallmark of a dubious broker. Instead of specifics and details, they offer vague expressions that provide no real information to clients. What exactly makes them so profitable, reliable, and full of other so-called advantages?
Overall, the broker designed the site to lure in newcomers with pretty words and visuals. However, after spending a little time analyzing it, it becomes clear: this site wasn’t created for your convenience but to sell the illusion of professionalism.
Company Contacts
As for the contact information, it’s not as bad as the site itself. AGlobalTrade lists a phone number, and an email address, and even provides links to social media accounts. However, the social media accounts are deleted — only the YouTube channel is active, and even there, activity is low, with videos being posted very rarely. Why does the company even need social media? There’s also no online chat, which would be a convenient way to ask questions and get quick responses.
We verified the contact details — they are genuine. However, don’t forget the lack of an online chat and the inactivity on social media. Additionally, the broker provides only one email address, whereas large firms typically list several addresses for different purposes: tech support, finance department, verification, and so on.
Key Conditions
No advantages or competitive conditions have been observed with AGlobalTrade. The company offers standard terms, very similar to those of any other offshore broker: high leverage, unclear fees, and demanding deposits.
Let’s start with the minimum deposit. For beginners, the starting amount is set at $500 — a rather high threshold, especially for those just getting into trading. This is already a hint that the company is more interested in the client’s money than in their success. There’s no mention of a demo account, even though this is a basic feature for any brokerage firm. A cent account, which allows trading with minimal investments, is also absent.
The leverage is massive. The description states “up to 1:400”. For beginners, this is a deadly trap: such leverage can wipe out a deposit instantly with the slightest market movement against your position. Strangely, the risks associated with such leverage are not mentioned anywhere on the site.
Information about spreads and fees is almost non-existent. They claim the spreads are “tight”, but no exact figures are provided. This seems like yet another attempt to hide the real terms until the client deposits money. Why is AGlobalTrade concealing such critical information?
Vague promises like “free training” or “market access” sound appealing, but there are no specific details about what these services include. Additionally, the lineup of tariff plans is strikingly similar to those of other companies operating illegally to scam their clients.
Exposing AGlobalTrade
The company tries to appear serious and reputable, but in reality, it’s far from it. Let’s start with the most critical aspect — licensing and registration. The website claims the company operates under a “license” from the Comoros Islands. The Comoros are known as an offshore zone where licenses are handed out to virtually anyone. Such “regulators” don’t oversee company operations or provide any client protection. Essentially, it’s just a piece of paper that means nothing.
The company is indeed registered with MISA. However, this is more of a red flag for AGlobalTrade than any sort of safety guarantee. It means that if the firm vanishes with your funds, recovering them will be nearly impossible. There’s no point in reaching out to MISA — they won’t lift a finger to help affected traders.
The second issue is the company’s operational history. On the AGlobalTrade website, they try to create the illusion of being an established and reliable market player. However, it’s evident that the legal entity was only registered in 2023. How could they possibly have built trust and a solid reputation in such a short time? Most likely, this is yet another fly-by-night operation that will disappear just as quickly as it appeared, taking clients’ money with it. While their domain may have been registered earlier, this doesn’t mean anything.
What Reviews Do Users Leave?
Be cautious when looking for reviews about AGlobalTrade. The problem is that this company actively orders positive reviews about itself and its platform. The internet is flooded with these fake comments. This is a typical tactic for any illegal and fraudulent broker. Such firms can’t advertise legally, so they pay people to leave fake positive reviews. They also try to remove negative feedback. All of this further confirms the fraudulent nature of this firm.
Conclusions
AGlobalTrade is a textbook example of a scam broker disguised as a professional company. Offshore registration in the Comoros, lack of a real license, high deposit requirements, and dangerous leverage — all of this indicates a clear threat to traders. Trusting this platform means risking your money and personal information. It’s better to stay far away from them.
Pros/Cons
- The firm is registered in 2023 with MISA.
- Unfavorable conditions for trading.
- Very high risk of losing money.
- No guarantees of reliability, and activity is not regulated.
- The period of work is short.
- The broker actively orders fake positive reviews.
This is the worst broker I’ve ever dealt with! The minimum deposit is $0.5K, but that’s just the beginning. Once you deposit funds, your account manager practically forces you to invest more, claiming it’s necessary to “achieve real profits”. When I tried to withdraw my money, the situation turned into a circus: first, they needed more documents, then there were new fees. It’s been a month, and my money still hasn’t been returned. It seems I’ve simply donated $2K to these scammers. Don’t repeat my mistakes – look for brokers with proper licenses!
Scammers tried to lure me into working with the fraudulent broker AGlobalTrade, but I was cautious and immediately realized they were trying to con me. Talking to them on the phone was laughable. Don’t trust phone scammers. This broker is fake and fraudulent.
I tried trading on their platform, but honestly, it didn’t leave much of an impression. The platform is basic – too basic. There are no decent charts or analysis tools. I deposited the $500 minimum, made a few trades, and that’s it. I have nothing positive to say about aglobaltrade.com.