FastBull BrokersView
Sign In

Aglo Trade

Save

Operating status: SCAM

Website: https://aglotrade.com/

Broker violations and abnormal records
  • Dec 07, 2022 The Cyprus CySEC Added Aglo Trade into Its Warnings

    On 8 Nov 2022, Cyprus Securities and Exchange Commission (CySEC) issued a warning that Aglo Trade did not belong to an entity that has been granted authorization for the provision of investment services. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=75c86ae6-0062-46e1-9735-2d601c37f653

  • Dec 11, 2022 BrokersView has Reviewed that Aglo Trade is an Unregulated Forex Broker

    Aglo Trade claims to be a licensed broker under multiple regulations, including: 

     1) Cyprus Securities and Exchange Commission (CySEC), No. 901/58;

     2) the Dubai Financial Services Authority (DFSA);

     3) Belize Financial Services Commission (Belize FSC or IFSC);

     4) the United Kingdom Financial Conduct Authority (UK FCA);

     5) Australian Securities & Investment Commission (ASIC);

     6) the Financial Services Conduct Authority (FSCA) of South Africa.

    Since the broker also presents an Austrian phone number, we also searched: 

     7) Austrian Financial Market Authority (Austria FMA).

    However, we did find any information that can prove the accreditations or licenses of this company on the above forex regulators' websites. That means the broker is not authorized by them to provide financial services. 

    Moreover, CySEC issued a warning that Aglo Trade did not belong to an entity that has been granted authorization for the provision of investment services.

    The truth is that Aglo Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Aglo Trade claims to be a licensed broker under multiple regulations, including: 1) Cyprus Securities and Exchange Commission (CySEC), No. 901/58; 2) the Dubai Financial Services Authority (DFSA); 3) Belize Financial Services Commission (Belize FSC or IFSC); 4) the United Kingdom Financial Conduct Authority (UK FCA); 5) Australian Securities & Investment Commission (ASIC); 6) the Financial Services Conduct Authority (FSCA) of South Africa.Since the broker also presents an Austrian phone number, we also searched: 7) Austrian Financial Market Authority (Austria FMA).However, we did find any information that can prove the accreditations or licenses of this company on the above forex regulators' websites. That means the broker is not authorized by them to provide financial services. Moreover, CySEC issued a warning that Aglo Trade did not belong to an entity that has been granted authorization for the provision of investment services.The truth is that Aglo Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • Jan 27, 2026 BrokersView has identified that Aglo Trade's website is currently offline

    BrokersView found that the domain "https://aglotrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://aglotrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

Aglo Trade seems to be a good broker to me. Should I invest?

Ignasius Arnoldi
Grenada
Dec 18, 2022
ANSWER Aglo Trade is not a licensed or regulated broker even though it states offers that look good to be true. Aglo Trade claims to be a licensed broker under multiple regulations, including: 1) Cyprus Securities and Exchange Commission (CySEC), No. 901/58; 2) the Dubai Financial Services Authority (DFSA); 3) Belize Financial Services Commission (Belize FSC); 4) the United Kingdom Financial Conduct Authority (FCA); 5) Australian Securities & Investment Commission (ASIC); 6) the Financial Services Conduct Authority (FSCA) of South Africa.However, we did find any information that can prove the accreditations or licenses of this company on the above forex regulators' registries. That means the broker is not authorized by them to provide financial services. Moreover, CySEC issued a warning that Aglo Trade did not belong to an entity that has been granted authorization for the provision of investment services. You can check the full warning from here.The truth is, Aglo Trade is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Aglo Trade and trade with licensed brokers.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.