Swiss forex and CFDs broker Absolute Global Market is also known as AG Markets have designed three trading accounts considering different trading styles. In addition to these three trading accounts mentioned above other three premium trading accounts are also provided, those demands 20000 USD and more initial investments. High maximum leverages and average spreads are granted to its customers. Our research claim that the broker Absolute Global Markets is a clone company that is using data of legitimate broker to mislead traders. This Absolute Global Markets review is full of valuable information that needs to be known before trading with it. Read the full Absolute Global Markets review here.
About Absolute Global Markets:
To make a far-reaching and impartial review we must talk about all the possible good and bad things about Absolute Global Markets. We must kickoff further lines with possible goods of it. The broker provides access to the world-leading trading platform the MetaTrader. MetaTrader armed with many beneficial features like Expert Advice, Auto Trading Bots, Classic Charts, Advance Market Indicators and others. It also supports trading with high leverage ratios of around 1:500. These high leverages are alluring and have the potential for excessive gains. However, high leverage ratios are outlined from several controlled trading markets. Because they can cause severe losses as well.
Now its time to discuss the bad about this broker. The corporate structure of Absolute Global Markets is baffling. The official website gives us detail about from where it operates. It features a Swiss address but the broker’s terms and conditions section reveals that the broker is governed by Bulgarian laws. Now it is indisputable that the broker is misleading traders and hiding who is really behind them. It is a habitude of all scam brokers to be as anonymous and misleading as possible. In addition to its habit of hiding information, it does not disclose spreads available. But to our fortune, we were able to peep into the provided trading platform and what we saw were higher than the average spreads in the markets. 1.8 pips spread on primary USDEUR are seen. It also applies colossal withdrawal charges on its clients depending upon the mode of withdrawals. MT trading terminal is offered by a Pentacle Group LTD a supplier of other scam brokers.
Is Absolute Global Markets scam or legit?
The broker AG Markets is anonymous and does not hold any credibility. Trading conditions are distasteful and MT is provided by the shady partner. The initial investment for premium accounts is colossal. Therefore it is a potential scam broker 2020.