Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
10/10 · CriticalNo licence from any regulator while taking deposits, a false claim of being licensed, and an EU blackout order against the domain.
Identity & transparency
8/10 · CriticalOnly named as Agena Markets at a bare Podgorica address, with no company number, corporate form or owners disclosed.
Withdrawals & conduct
8/10 · CriticalFund-integrity complaints across platforms: withdrawal refused on a lot requirement then account locked; a further withdrawal complaint on Trustpilot.
Reputation
8/10 · CriticalMultiple independent review sites and a Turkish law firm flag it as high-risk or fraudulent, with very low trust scores and no genuine positive footprint.
Website claims
9/10 · CriticalFalsely presents itself as a licensed investment institution with no regulator or number, alongside machine-translated boilerplate.
Operational history
4/10 · ModerateDomain live since 2021 (about five years), but the operating company cannot be dated and the operation repurposed from a Turkish to a Montenegro front.
Who they are
A quick desk file on the company behind the brand.
- Brand: Agena Markets
- Legal entity: Named only as Agena Markets, no company number or corporate form published
- Registered: Bulevar Svetog Petra Cetinjskog, Zgrada Normala No.120, 81000 Podgorica, Montenegro (address on the site only)
- Website: agenamarkets.com (aliases agena-markets.com, agenamarketsglobal.com)
- Only licence: None. The site claims to be a licensed investment institution but names no regulator and no licence number
- Offers: Forex, CFDs on indices, metals, energies and shares via MetaTrader 5
- Not accepted: Turkey, USA, UAE (per the site)
- Age claim: No founding year stated; the domain has run Agena Markets content since 2021
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
None named (site claims only to be a licensed investment institution)
Why we reached this verdict
How the evidence adds up.
The evidence points one way, toward an unlicensed operation that misrepresents itself.
- No licence, but claims to be licensed. Every version of the site we read states it is a licensed investment institution, yet it names no regulator and prints no licence number. A genuine broker leads with its regulator and number.
- An EU regulator moved against it. Italy's CONSOB ordered agenamarkets.com and agena-markets.com blocked as an unauthorised financial operator. We could not open CONSOB's own list directly, but the action is documented by an independent broker directory that quotes the resolution and date.
- Money does not come back. A user complaint describes being pressured to keep depositing and trade high volumes, then refused a withdrawal on the grounds that a lot requirement was unmet, and finally locked out of the platform. A separate review flags a withdrawal problem.
- It solicits where it is not authorised. It began with a Turkish phone number and Turkish interface aimed at Turkish clients, without authorisation from Turkey's SPK, and now blocks Turkey, the USA and the UAE.
- Thin, opaque identity. The only entity is Agena Markets at a Podgorica address, with no registration number and no named owners.
Note on operating history: the 5.6-year track record rests on domain registration alone. No company incorporation date could be established, so this is an upper bound rather than a confirmed age.
Evidence ledger
Every finding, with its source and how strongly it points.
E1Italy's CONSOB ordered agenamarkets.com and agena-markets.com blocked as an unauthorised financial operator (reported as Resolution 22837, 8 April 2024). CONSOB's own list could not be opened directly this run; the action is recorded by an independent broker directory.
StrongGlobeGain broker profileE2The broker's own homepage (archived 2021 and 2025) states it is a licensed investment institution but names no regulator and no licence number anywhere.
E3Third-party review records no authorisation for Agena Markets with Montenegro's Capital Market Authority, and the broker publishes no Montenegro licence.
ModerateBrokersView profileE4User complaint: pressured to deposit more and trade high volumes, then refused a withdrawal on the grounds a lot requirement was unmet, and finally locked out of the platform.
E5Trustpilot page for the exact domain carries a one-star withdrawal/refund review and an otherwise thin footprint (unclaimed profile).
ModerateTrustpilotE6Domain agenamarkets.com registered 2021-01-18 (Verisign RDAP), with continuous Agena Markets content in the Wayback Machine from May 2021, establishing about five years of domain history.
WeakVerisign RDAPE7The 2021 site used a Turkish phone number and Turkish interface aimed at Turkish clients without SPK authorisation; the 2025 site excludes Turkey, the USA and the UAE, indicating solicitation outside any authorised scope.
E8Independent review sites and a Turkish law firm characterise Agena Markets as high-risk or fraudulent, with low trust scores and no genuine positive footprint.
ModerateGlobeGain / BrokersView
The other side
The strongest case in this broker’s favour.
In fairness, we looked for innocent explanations.
- The domain is genuinely older than a throwaway scam site, registered in January 2021 with continuous Agena Markets branding since, so this is not a brand-new drop.
- Montenegro is a real jurisdiction and the site gives a specific street address, which some legitimate small brokers also do.
- The public complaint volume is modest, so we cannot claim mass victim numbers.
None of this offsets the core problems: no licence anywhere, a false claim of being licensed, an EU blackout order, and a withdrawal refusal pattern.
What would change this
What we would need to see to revise the verdict.
We would revisit this verdict if:
- Agena Markets appeared on a recognised regulator's public register with a licence number, entity name and the agenamarkets.com domain all matching.
- CONSOB's blackout of the domain were shown to be withdrawn or to concern a different operator.
- A consistent record of clients receiving full, timely withdrawals emerged across independent platforms.
- A properly registered operating company with a verifiable number and address were disclosed.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Frequently asked questions
Quick answers about this broker’s safety.
Is Agena Markets a scam?
Our assessment is that it is very likely a scam. It takes trading deposits, holds no verifiable licence, falsely claims to be a licensed institution, has been ordered blocked by Italy's regulator, and users report refused withdrawals. Treat it as unsafe.
Is Agena Markets regulated?
No. It names no regulator and publishes no licence number, and it does not appear as an authorised firm on any recognised register. Italy's CONSOB has treated it as an unauthorised operator.
Can I withdraw my money from Agena Markets?
Users report they could not. One complaint describes a withdrawal refused because a lot requirement was said to be unmet, followed by being locked out of the account. Refusals like this are a serious red flag.
Is my money safe with Agena Markets?
There is no evidence your money is protected. With no licence, there is no regulator oversight and no investor compensation scheme, so deposits are at high risk.
Who owns Agena Markets?
The site only names Agena Markets at a Podgorica, Montenegro address. No company registration number, corporate form or individual owners are disclosed, which is itself a warning sign.
How old is Agena Markets?
The domain was registered in January 2021 and has carried Agena Markets branding since. The current Montenegro facing version appears to date from around 2023. Age alone does not make it safe.
Is Agena Markets licensed in Montenegro?
We found no authorisation for it with Montenegro's Capital Market Authority, and the broker publishes no Montenegro licence number. A Montenegro address is not a trading licence.
Does Agena Markets have a CONSOB warning?
Yes. Italy's securities regulator CONSOB ordered its websites blocked as an unauthorised financial operator, an action documented by independent broker directories.
Is Agena Markets a clone of another broker?
We found no evidence it impersonates a specific regulated firm. It appears to be its own unlicensed operation rather than a clone.
What should I do if I was scammed by Agena Markets?
Stop depositing, keep all records, and request your money back in writing. Ask your bank or card provider about a chargeback, report to your regulator and police, and never pay an upfront fee to anyone promising to recover your funds.
Why does Agena Markets block Turkey, the USA and the UAE?
The site started out targeting Turkish clients and now excludes Turkey, the USA and the UAE. Excluding the very markets where it is not authorised is a common way unlicensed brokers try to reduce enforcement risk.
What does a MISA or offshore style licence mean here?
It does not apply, because Agena Markets shows no licence of any kind. Even weak offshore registrations give little protection, but here there is nothing at all to check.
What we recommend
The practical takeaway from everything above.
Treat Agena Markets as high risk and do not deposit.
- Do not send money, and ignore any request to pay a fee, tax or liquidity amount to release a withdrawal, that is how these traps work.
- If you already deposited, stop adding funds, save all screenshots, statements and chat logs, and request a full withdrawal in writing.
- Contact your bank or card provider about a chargeback, and if you paid by crypto keep the wallet addresses and transaction IDs.
- Report it to your national financial regulator and to the police cybercrime unit.
- Be wary of anyone who later contacts you offering to recover your funds for an upfront fee, that is a common follow up scam.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 18, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.