Is Agra Markets a scam?
Wikilix independent safety report
Agra Markets shows the clearest warning sign we look for: it still advertises investor protection that the issuing body cancelled more than two years ago. We rate it 72% scam risk and recommend again…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about Agra Markets: its history, the licences it holds, its trading conditions and its fees.
Agra Markets Broker Overview
Agra Markets is an online forex and CFD brand operated by Agra Markets LLC, a limited liability company incorporated in Saint Vincent and the Grenadines on 8 November 2021. The broker trades from agramarkets.com, offers MetaTrader 4 alongside a second platform called Prodigy, and sells three account packages with minimum deposits between $50 and $1,000 and leverage up to 1:500. It holds no financial services licence in any jurisdiction.
Agra Markets Regulation and License
Agra Markets LLC is a registered company, not a licensed financial services firm. Its entry on the register of the Saint Vincent and the Grenadines Financial Services Authority records it as LLC number 1562, incorporated 8 November 2021 and currently Active, with EURO-CARIBBEAN TRUSTEES LTD. as registered agent. The broker itself publishes this number in the form 1562LLC2021.
No regulator is named anywhere on the broker's site. What the site does present under a regulatory heading is membership of a private dispute resolution body, described on its own membership page as protecting traders up to 20,000 EUR per case. That is a commercial arbitration arrangement between the broker and a private organisation. It is not a licence, it is not issued by a government authority, and it does not require the broker to segregate client money, hold regulatory capital or answer to a supervisor.
Is Agra Markets Regulated?
No. Agra Markets is not regulated by any financial authority. Saint Vincent and the Grenadines does not license or supervise forex dealing, so the company registration behind the brand carries no trading permission and no protection for a client's deposit. A trader who disputes a withdrawal with Agra Markets has no regulator to complain to.
Is Agra Markets Safe?
Agra Markets carries the risks common to an unlicensed offshore broker, and a client should weigh them before funding an account. There is no supervisor, no compensation scheme backed by law and no published commitment to hold client funds in segregated accounts. The company behind the brand is real and its registration is current, which distinguishes it from a purely fictitious operator, but corporate existence is not a safeguard over client money. The broker's own account-opening portal at my.agramarkets.com does not currently resolve, so the route it advertises for opening and funding a live account cannot be completed as published.
Agra Markets Account Types
Three packages are offered. Micro takes a $50 minimum deposit with spreads from 2.2 pips and leverage up to 1:500. Standard takes $100 with spreads from 2.0 pips and leverage up to 1:200. Professional takes $1,000 with spreads from 1.8 pips and leverage capped at 1:100. All three share a lot size range of 0.01 to 30 and all three are advertised with a swap refund. Demo accounts run for 60 days and are funded with $3,000 of virtual money, but the broker states they are only usable during weekday market hours.
Agra Markets Spreads, Commissions and Fees
Spreads are variable and start at 1.8 pips on the Professional account, 2.0 on Standard and 2.2 on Micro, which is wide by current retail standards. Commission is described only as applying to selected CFDs, with no schedule published. The broker's FAQ states elsewhere that it charges no fees or commissions at all, which contradicts the commission line printed on its own account table. Cryptocurrency spreads are floating and unquoted.
Agra Markets Leverage
Maximum leverage is 1:500, available only on the Micro account. Standard is capped at 1:200 and Professional at 1:100. Cryptocurrency positions are limited to 1:2 across the board. The stop out level is 100%.
Agra Markets Trading Platforms
MetaTrader 4 is the main platform, supplied under a white label arrangement rather than a full licence, and runs on desktop, web and mobile. The broker also promotes Prodigy, a third party trading system it describes as built by Ftechnics, with iOS and Android apps. A FIX API is advertised for institutional connections.
Agra Markets Deposits and Withdrawals
The published funding page lists two channels: Perfect Money in USD, EUR and cryptocurrency, and direct cryptocurrency transfer in BTC, USDT on TRC20, BEP20 and ERC20, TRX, BNB, ETH, UCC and UCX. The broker states no commission is charged on either. No minimums, maximums or processing times are published for individual channels, and no card or bank transfer option is listed. Withdrawals are described as requested through the client portal, and the broker's terms require that funds return to an account in the client's own name.
Agra Markets Pros and Cons
On the positive side, the operating company is named openly, its registration is current on the official register, the minimum deposit of $50 is low, MetaTrader 4 is available and the broker publishes a physical address, several telephone numbers and a full set of social channels.
Against that, there is no financial licence anywhere, a private dispute body is presented in place of regulation, spreads are wide and the fee position is internally inconsistent, only two funding channels are published and both bypass the chargeback protection a card would give, and the advertised account-opening portal does not resolve.
Agra Markets Review and Assessment
Agra Markets is a genuine company running an unlicensed offshore brokerage. The trading offer is conventional and modestly priced at the entry level, but everything a client would rely on if something went wrong is absent: no supervisor, no statutory compensation, no segregation commitment, and funding routes that leave no reversal path once money has moved. The single most important consideration before depositing is that recovering funds from Agra Markets would depend entirely on the firm's own cooperation.
Website snapshots
10 full-page captures of Agra Markets's own site, archived so what they said can still be read after the pages change.
Regulatory Licenses
We have not confirmed any regulation for Agra Markets. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Agra Markets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Account Types
3 account types on record. Minimum deposit from USD 50. Leverage up to 1:500.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| MicroMicro · Cent | USD 50 | 1:500 | On selected CFDs |
| StandardStandard | USD 100 | 1:200 | On selected CFDs |
| ProfessionalProfessional · VIP | USD 1,000 | 1:100 | On selected CFDs |
Funding Methods
2 ways to fund an account. 2 with no deposit fee.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Perfect MoneyE-WalletAvailable in USD, EUR and cryptocurrency. The broker states no commission is charged. No per-channel minimum, maximum or processing time is published; the broker claims on its About page that 93% of withdrawals are processed in under one hour. | Free | Not recorded | Not recorded | Not recordedNot recorded | hour |
| CryptocurrencyCryptocurrencyBTC, USDT (TRC20, BEP20, ERC20), TRX, BNB, ETH, UCC and UCX are accepted. The broker states no commission is charged. Withdrawals are requested through the client portal; no limits or processing times are published. | Free | Not recorded | Not recorded | Not recordedNot recorded | hour |
Trading Platforms
One trading platform on record: MetaTrader 4.
- MetaTrader 4RecommendedWindowsMacWebAndroidiOSDownloadDetails
Global Domains
2 domains on record. One active.
Corporate Network
One legal entity behind the Agra Markets brand.
- Agra Markets LLCActiveThe operating entity named in the site footer and legal documents, recorded on the Saint Vincent and the Grenadines Financial Services Authority register as LLC number 1562, incorporated 8 November 2021 and currently Active. The broker publishes the number in the composite form 1562LLC2021.
Company Registration
Agra Markets names AgraMarkets LLC as the operating company. We could not confirm that registration on the registry.
- Legal entity
- AgraMarkets LLC
- Registration number
- 1562LLC2021
- Jurisdiction
- Saint Vincent and the Grenadines
- Registry
- Saint Vincent and the Grenadines Commercial Registry
- Registered address
- Euro House, Richmond Hill Road, P.O. Box 2897, Kingstown, VC0100, Saint Vincent and the Grenadines

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