AGlobalTrade Review | Is It Might be a Scam?

by Kevin Berry
  2/5   Reviews: 3
AGlobalTrade - logo

“Revolutionize your trading experience” – a pompous and enticing proposition to start trading in the financial markets from the brokerage company AGlobalTrade. This is an offshore organization based in Saint Lucia. The firm also indicates the legal entity VIRTUOSO CAPITAL LTD, located in Comoros and owning a license from the Mwali Financial Commission. However, the broker has no other licenses. Many reviews about the platform can be found on the internet, in various languages, but this does not negate the possibility that it might be a scam. So, let’s try to understand what this intermediary is about.


🏛️ Country Saint Lucia, Comoros Union
⚠️ Regulation MISA
🖥️ Website https://aglobaltrade.com/
🎲 Demo Account No
⏳ Start Time 2023
💲 Minimum Deposit $500
⚖️ Minimum and Maximum Leverage 1:400
⚙️ Trading Platform WebTrader
📨 E-mail customerservice@aglobaltrade.com
📞 Phone +18007570137

First Impression of Aglobaltrade.com

The official website is unlike other brokerage resources. At least, it can be confidently said that a unique design was used, not some widespread and well-known template. AGlobalTrade uses images of people in suits, quotes, high technologies, and charts. This approach is clichéd and only indicates the firm’s incompetence.

AGlobalTrade - site

On the main page, the broker tries to motivate visitors to quickly decide to open a brokerage account using pompous and philosophical phrases, as well as a banal and boring list of advantages and merits, which are not really such. “Fast order execution”, “full market access”, “mobile trading”, etc., are not advantages because such statements are found in every company, not just AGlobalTrade.

Overall, thanks to the website, you can familiarize yourself with the trading conditions, some facts about the firm, contacts, and legal documents, such as AML and KYC policies or the user agreement. Many aspects are ignored, for example, the business model of AGlobalTrade or its duration of operation.

Partnership and Bonuses

Clients can earn additional income through a partnership program. However, this can only be found out at the time of account registration. In other words, there is no information freely available on the AGlobalTrade website. Why not at least indicate the existence of such an opportunity?

Bonuses are also not marked on the site but are mentioned several times in the user agreement. At the same time, the specific conditions for working off bonuses for the possibility of their withdrawal are also not specified.

Account Opening on Aglobaltrade.com

The registration process at AGlobalTrade is quite extensive. The company will request not only your name, contacts, and password, but also your country of residence, specific address with zip code, and account currency (EUR or USD). Additionally, you can add a referral code if you have one and tick boxes indicating your agreement with the terms.


Filling in all the data turned out to be a waste of time, because then the system gave an error: “Please try again or request assistance from our help desk”. Imagine spending several precious minutes entering unnecessary information about your residential address, only to receive an error. It’s an unpleasant feeling. Can’t the specialists at AGlobalTrade resolve this issue? Why is registration impossible? Serious brokers do not allow such errors.

Registration error

Not even a demo account is offered, on which you could at least look at the interface of the personal account or the trading platform.


You cannot use AGlobalTrade services without successfully passing verification. To verify your account, you need to upload the required documents in the personal account or send them to the email customercare@aglobaltrade.com.

The list of necessary documents for KYC is quite standard:

  1. Identity verification of the client. This can include a driver’s license, passport, and national or government-issued cards.
  2. Confirmation of residential address. The document should not be older than 6 months. Suitable documents include a bank statement, utility invoice, or government-issued lease contract.
  3. Photo/scan of the bank card, if it is used for depositing funds. Only the first 6 and last 4 digits should be visible, including the expiration date.

AGlobalTrade does not provide exact information on how long the verification will take.

  • A list of required documents is provided.
  • The firm may request additional verifications.

Trading Software

We can only learn about the trading platform from what is written on the official website, as creating an account is currently impossible. Without an account, you can’t even download the software to your computer or smartphone. Of course, it’s naive to trust the words of brokerage companies as they describe their terminal, because it will be exclusively positive, but we have no other option. We have to take AGlobalTrade’s word for it.

The firm lists the following advantages of its platform:

  • Automated trading with EAs.
  • Mobile trading.
  • User-friendly interface.
  • Advanced charting tools.
  • Desktop and web-based version.


Judging by the screenshots on the site, it is unlikely to be an advanced and well-known terminal. We suspect that AGlobalTrade offers trading on a primitive platform with minimal possibilities and functions.

Features AGlobalTrade Swifti BNP Groups
Demo Account
Mobile App ✔️
Own Development

How Can I Trade With AGlobalTrade?

The company is a CFD broker, so you can only trade this type of financial instrument here, and you shouldn’t even think about futures or spot trading. The firm provides access to forex, metals, indices, stocks, commodities, and cryptocurrencies.

All Info About Accounts

AGlobalTrade has developed 8 types of accounts. Looking at the description of these tariffs, one wonders: “What’s the advantage, and why such a large number of accounts?”. For example, the first tariff starts with a minimum deposit of $500, including one-click trading, no extra fees, full access to markets and platforms, and free education. The second and third types of accounts are absolutely no different from the first, but they have a higher requirement for a minimum deposit – $5,000 and $20,000. And what’s the point?

Account types

New services appear only on the “Premium” account, where the activation threshold is $50,000. It is unlikely that anyone would be crazy enough to invest such amounts in AGlobalTrade. Added to the above-mentioned possibilities are personal push and SMS alerts, exclusive market updates, personal manager, daily analysis, and others.

Essentially, there is no advantage or privilege for those who cannot afford a $50,000 deposit. So, in the trading conditions, there is inequality and discrimination against beginners and traders without large sums. It’s impossible not to notice the company’s attempt to extract as much money as possible from users. After all, the better the account type, the more diverse the possibilities.

Another significant drawback is the secrecy of AGlobalTrade, which manifests in the absence of information about the sizes of spreads and commissions. What kind of broker hides such important conditions? In addition, a leverage of 1:400 is a clear sign of the absence of a proper license. Otherwise, the organization could not offer such high leverage. We have already mentioned the demo account. Additionally, there is no swap-free option here.

  • None.
  • Important terms are not specified.
  • Clearly, the broker is trying to extract more money from clients.
  • High minimum deposit, and a demo account is absent.

Market Analysis and Education With Aglobaltrade.com

Customers can freely use the economic calendar, news feed, expiration dates, and the trading hours of major stock exchanges. Additionally, AGlobalTrade has created a small educational section that includes e-books, trading courses, technical analysis, and video tutorials.

Deposit, Withdrawal, and Fees

The minimum deposit amount is $500, as this sum is required to activate the first type of account. For fund withdrawals, there’s a threshold of $50 for bank deposits and $1 for cryptocurrencies. AGlobalTrade allows financial transactions using bank wire transfers, credit/debit cards, and cryptocurrency. With the latter method, one must be cautious, as crypto transactions cannot be canceled, and the chargeback function is absent. The exact amount of commissions is not specified.

Features AGlobalTrade Delta Trend Morgen Charles
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️ ✔️
Deposit Fee
Withdrawal Fee

How Can I Contact It?

You can contact the broker in various ways. AGlobalTrade has provided an email address, phone number, and online chat. Additionally, the company actively manages social media accounts on Instagram, Twitter, Facebook, and YouTube. However, the number of followers is laughably small, indicating a lack of notoriety and interest from traders.

  • Complete set of contact details.
  • Few subscribers on social media.

Is AGlobalTrade Dangerous?

Currently, we have no direct evidence that the firm is fraudulent and poses a danger to traders. However, there are some negative factors, such as the inability to register an account and inadequate trading conditions, unlike those offered by well-known and popular companies. We need to delve into the legal data, licenses, and duration of operation of AGlobalTrade.

How Long Does The Broker Work?

The duration of operation of any brokerage firm is an important aspect to consider. Typically, young companies are more often fraudulent. AGlobalTrade does not provide information about its founding date, but this can be determined in other ways. The domain registration date is 2021, but it was on sale until 2023. Only in November 2023 was it purchased by this organization, indicating a very short duration of operation.


How Is AGlobalTrade Regulated?

The official website mentions two jurisdictions: Saint Lucia and Comoros. However, the legal entity Gold Coast Advisors Ltd was not found in the Saint Lucia registry.

St Lucia

Another legal entity, VIRTUOSO CAPITAL LTD, which manages the site, does indeed have a license from the Agency for Regulation and Development of the Financial Market of Mwali, obtained in December 2023, confirming the short operation time of AGlobalTrade.


However, one should not assume that having such a license provides any guarantees of reliability. This is not the case, as the reputation of MISA, which regulates AGlobalTrade, is weak. Such a financial commission is not considered a strict regulator and is inferior to more responsible and well-known ones, such as the FCA, CySEC, BaFin, among others.

Features AGlobalTrade YouTrade ECSA InsideTheFund
European Zone
Asian Zone
American Zone
African Zone
Offshore ✔️

Frequently Asked Questions (FAQ)

How to Trade With AGlobalTrade?

As of writing this review, it is impossible to register an account. The system asks to try again or contact technical support. Additionally, full cooperation requires undergoing identity verification.

Is AGlobalTrade Legit?

The legal entity registered in Saint Lucia was not found. However, the company managing the site and based in Mwali did indeed receive a license from MISA in December 2023.

How Risky Is It?

Despite having a license, AGlobalTrade still poses an increased risk as it is an offshore company. Moreover, marginal CFD trading is risky in itself, where the majority of traders lose money. The statistics are very sad - more than 75% of users lose their deposits.
Kevin Berry
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Expert Opinion

I was struck by the number of reviews on the internet, particularly those of a positive nature. Despite the platform having been launched less than a year ago, it has more positive comments than negative. Yet, there are no guarantees in AGlobalTrade, and the trading conditions are much worse than those of popular and well-known firms. Therefore, there is no doubt that the positive reviews are fake. There is no proper and responsible regulation, the duration of operation is very short, and the business model has a conflict of interest. It’s better not to take chances and avoid risking.

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AGlobalTrade rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

3 reviews about AGlobalTrade

John January 5, 2024 - 08:31
Another scam

It’s unlikely to be a safe place for forex trading… I don’t believe that such a firm, less than a year old, would have so many positive reviews… it really smells of fake reviews… my opinion – it’s just another scam, that’s all…

OKXBUYBTC January 17, 2024 - 01:49
I don't recommend it!
The level of trust
Quick withdrawal of funds

I advise against aglobaltrade, as it is a scam broker. Scammers write fake positive reviews about themselves to lure as many naive traders as possible into their fraudulent trap. Don’t trust them. Your funds will be in great danger, they won’t be protected! There’s no proper license here! Just some offshore entity about which nothing is known. There’s a huge risk of losing funds with no possibility of recovery. Don’t do it, don’t feed the scammers and fraudsters with your deposits.

HORSE January 20, 2024 - 14:16
Conditions are worse than other brokers
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Hm, I’m not sure whether the firm can be considered safe or not. I plan to open a brokerage account here, probably, but I have other options, not just AGlobalTrade.
The trading conditions are very disturbing. The company could offer more favorable and attractive conditions, such as a demo account, a lower minimum deposit, and at least specify commissions/spreads. Other firms offer much more interesting and appealing conditions for trading.


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