Starting on the financial markets: Agix Capital or a new scam?
Agix Capital offers the opportunity to start trading with a minimal capital, promising support and education for profitable operations. According to the information, this company is an American financial holding with rich experience. However, opinions on independent forums refer to Agix Capital as a second-rate player. Our review will try to understand the truthfulness of this statement. In addition to user reviews, we will carefully examine the legal documentation and company offers.
Facts about Agix Capital: myth or reality?
According to the information on the website, Agix Capital has 15 years of experience in the markets and serves 20 million clients. The company claims to have around 2,000 specialists in its team and has 15 offices worldwide. However, a question arises: if the company is so successful, why did the first reviews about it appear recently?
The website agixcapital.com started operating only from February 7, 2023. The company lied about its experience and performance. Analysis of the phone numbers indicated on the website makes it clear that the project creators had previously launched several other similar pseudo-brokers (including Annvla and Forstegrus). Due to negative reviews, fraudulent intermediaries were forced to change names and business styles.
Analysis of legal basis and activities
Agix Capital presents itself as a banking holding company with its headquarters in Detroit, USA, offering a variety of financial services:
- insurance,
- auto financing,
- mortgages,
- online banking,
- corporate financing,
- stock exchange services.
Similar information is traced in all predecessors of Agix Capital. Predecessors’ websites also claimed that they entered the Russian market in 2021 to provide local residents with high-quality brokerage services.
For trading on the real market, a full set of legal documentation is required. If a company is based in the USA, it should have permission from the American regulator SEC. But at the moment, Agix Capital does not have confirmed licenses, which is not surprising.
Agix Capital’s fraud scheme
Agix Capital offers newcomers to open a demo account, presenting it as a risk-free opportunity for practice. However, this is just a trap to persuade you to invest real money. The list of assets includes currencies, metals, indices, stocks, commodities, and CFDs on cryptocurrencies.
The company has four trading plans with the following conditions:
- minimum threshold – from 5,000 to 50,000 dollars (agents are not scrimping),
- opportunities for reinvestment,
- conservative trading strategy,
- monthly profit from 10 to 45%,
- withdrawal is possible only up to 30-80% of profit.
User reviews indicate that cooperation with Agix Capital only leads to losses, as the platform is focused on raising funds. In attempts to withdraw funds, scammers apply fake fees.
Conclusion
Agix Capital is a dangerous organization ready to deprive you of your money. Professional scammers operate on the platform, whose goal is to deceive and lure money from you. Retrieving funds is almost impossible, as the company is a pseudo-broker. Chargeback service may be an attempt to reclaim stolen funds, but success is not guaranteed. Trusting Agix Capital is dangerous, and in this case, the only chance for justice is to seek help from professionals in financial law.
In 2023, Agix Capital offered a competent performance with some improvements noted in their customer support, but some users pointed out areas of concern in their platform’s user interface.