Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo licence from any financial regulator while taking client deposits, and the one body it named has expelled it and placed it on a warning list.
Identity & transparency
6/10 · HighThe legal entity, registration number and address are disclosed consistently, but no owners or officers are named and the registered address is a standard offshore agent address.
Withdrawals & conduct
4/10 · ModerateWe found no verified fund-integrity complaints, only one service-quality remark about slow chat replies, though the Financial Commission cited trader reports we could not independently check.
Reputation
7/10 · HighA scam alert from the body the broker itself cites, near-zero genuine review footprint with nothing in the last year, and third-party review sites rating it unregulated and high risk.
Website claims
9/10 · CriticalThe site states as current a membership and a 20,000 euro fund protection that were cancelled in May 2024, which is a false statement about the safety of client money.
Operational history
3/10 · LowAround five years of continuous presence with a 2021 domain and a 2021 company number and no age misrepresentation, though the company itself could not be dated precisely.
Who they are
A quick desk file on the company behind the brand.
- Brand: Agra Markets
- Legal entity: AgraMarkets LLC
- Registered: Euro House, Richmond Hill Road, P.O. Box 2897, Kingstown, VC0100, Saint Vincent and the Grenadines, company number 1562LLC2021
- Website: agramarkets.com, with client portal at my.agramarkets.com
- Only licence: none. No financial regulator anywhere authorises this firm.
- Offers: forex, metals, indices, commodities and crypto CFDs on MetaTrader 4 and an in-house platform called Prodigy, leverage to 1:500, minimum deposit 50 US dollars
- Not accepted: no card or bank transfer funding is published. Deposits are Perfect Money or cryptocurrency only.
- Age claim: the site names no founding year. It refers to staff with combined industry experience, quoted as more than 20 years on one page and more than fifty years on another.
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
The Financial Commission (Finacom)
Saint Vincent and the Grenadines company registration 1562LLC2021
Why we reached this verdict
How the evidence adds up.
We reached this verdict because the broker's own advertised protection has been publicly cancelled, and the broker kept advertising it.
- Expelled, then warning-listed. The Financial Commission announced on 3 May 2024 that Agra Markets was removed from membership for repeated notices of violation of its rules. On 4 November 2024 the same body added Agra Markets to its warning list, naming agramarkets.com and stating that the company and associated website may be used to scam and defraud traders and investors.
- The claim is still on the site today. We read the broker's About page and its own Financial Commission page on 30 August 2026. They say AgraMarkets is an official member, that the security of client funds is guaranteed by the Financial Commission, and that clients are protected up to 20,000 euro per case. The footer on every page repeats it. The status page the broker itself links to records the membership as withdrawn and states plainly that you are not protected.
- There is no regulator behind this firm at all. The only other identifier published is a Saint Vincent company number. Saint Vincent registers companies but does not license or supervise forex and CFD brokers, so that number is corporate paperwork, not permission to hold client money.
- The money rails are one way. The funding page lists exactly two options: Perfect Money, and cryptocurrency including USDT, BTC, TRX, BNB and ETH. There is no card or bank wire. Payments made this way cannot be reversed by a bank, which is the standard funding setup for operations that do not intend to return funds.
- What we did not find. No government regulator has issued a warning about this broker, and we found no verified account of a client being refused a withdrawal. That is why this is a likely rather than a confirmed finding.
- Age is genuine but is an upper bound. The domain was registered on 4 January 2021 and the company number is a 2021 registration, so the operation is around five years old. We could not open the Saint Vincent registry to date the company precisely, so the five year figure rests mainly on the domain and should be read as a maximum.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Financial Commission announced on 3 May 2024 that Agra Markets was removed from its membership for repeated notices of violation of its rules and guidelines, and that its clients therefore lose access to the compensation fund.
E2On 4 November 2024 the Financial Commission added Agra Markets to its warning list, naming agramarkets.com and stating that the company and associated website may be used to scam and defraud traders and investors, and cautioning against people claiming to represent the broker on social media and messaging apps.
E3The Financial Commission status page for Agra Markets, which is the verify link the broker publishes itself, records the membership status as Withdrawn and states that the reader is not protected by the compensation fund.
E4The broker's About page, read on 30 August 2026, states that AgraMarkets is an official member of the financial commission, that the security of client funds is guaranteed by the Financial Commission, and that clients have protection up to 20,000 euro per case.
StrongAgra Markets About pageE5The broker's dedicated Financial Commission page repeats the 20,000 euro compensation fund claim and displays a membership certificate uploaded in March 2022, while linking to the status page that now shows the membership withdrawn.
E6The footer on every page identifies AgraMarkets LLC in Kingstown, Saint Vincent and the Grenadines with registration number 1562LLC2021 and names no financial regulator, confirming the firm takes deposits without any licence.
E7The funding page lists only two ways to move money: Perfect Money, and cryptocurrency including BTC, USDT on TRC20, BEP20 and ERC20, TRX, BNB and ETH. No card or bank transfer route is offered, so client payments cannot be reversed.
E8Domain registration records show agramarkets.com was created on 4 January 2021 through eNom and is on Cloudflare nameservers, which is consistent with the 2021 company registration number and shows no age misrepresentation.
E9The Trustpilot page for agramarkets.com carries only three reviews at 3.9 stars with no one-star entries and nothing posted in the last twelve months, so there is no complaint pattern and equally no meaningful client footprint for a broker of five years.
E10An independent broker review site records that Agra Markets appears in Saint Vincent only as a registered company rather than a licensed financial firm, that the Financial Commission is a dispute-resolution body and not a regulator, and advises against trading with the broker.
ModerateIndependent broker review siteE11The contact page publishes four United Kingdom telephone numbers alongside the Saint Vincent registered address, indicating marketing into a jurisdiction where the firm holds no authorisation.
ModerateAgra Markets contact pageE12A sweep of the international regulator warning lists returned no entry naming Agra Markets or agramarkets.com as of 30 August 2026, so no government authority has published an alert about this firm.
The other side
The strongest case in this broker’s favour.
The fair case for Agra Markets, which we tested before reaching our view:
- It is a real business, not an empty shell. The website is live and detailed, the legal entity and registration number are disclosed on every page, the contact details are consistent, and there is a working MetaTrader 4 server carrying the broker's own name. Many pure frauds do not bother with any of this.
- Being offshore is not the same as being a fraud. Hundreds of genuine brokers operate from Saint Vincent with no licence, because the jurisdiction issues none. On its own that is a risk rating, not an accusation.
- Nobody has publicly reported losing money. We checked review platforms and forums. The handful of reviews that exist are positive or neutral, and the only criticism we saw was about slow replies in live chat. There is no pattern of withdrawal refusals on record.
- No government regulator has named it. We swept the international warning lists and found no entry for Agra Markets or its domain from any statutory regulator.
- The stale claim could be neglect. It is possible the membership pages were simply never updated after 2024 rather than kept up deliberately. We weighed that, but the claim appears in the footer of every page, on a dedicated page, and on the About page, and it concerns the safety of client money. Two years is a long time for an oversight that happens to reassure depositors.
What would change this
What we would need to see to revise the verdict.
Concrete things that would move this verdict in either direction:
- Down, toward lower risk: the broker removing every claim of Financial Commission membership and the 20,000 euro protection figure from its site, and saying openly that it is unregulated.
- Down: the Financial Commission reinstating the membership and updating its status page, or the broker obtaining a real licence from a recognised regulator and showing it on that regulator's public register.
- Down: the addition of card or bank transfer funding, which would give clients a reversible payment route.
- Down: a body of independent, dated reports from clients confirming that withdrawals are paid in full and on time.
- Up, toward confirmed: a warning or enforcement action from a government regulator naming agramarkets.com.
- Up: credible, specific reports from clients whose withdrawals were refused or who were asked to pay a fee, tax or deposit before their funds would be released.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Financial Commission status page for Agra Markets
The verify link the broker publishes itself. It records the membership as withdrawn.
Financial Commission scam alert naming agramarkets.com
The 4 November 2024 warning notice about this broker and its website.
Financial Commission expulsion announcement
The 3 May 2024 notice ending the membership for repeated rule violations.
Agra Markets page about its Financial Commission membership
Where the broker still advertises the 20,000 euro protection.
Agra Markets reviews on Trustpilot
The public review page for this exact domain.
Frequently asked questions
Quick answers about this broker’s safety.
Is Agra Markets a scam?
We rate it a likely scam at 72% risk. It holds no licence from any financial regulator, and it still advertises investor protection from a body that expelled it in May 2024 and then published a scam alert naming its website in November 2024. We stop short of calling it confirmed because no government regulator has acted against it and we found no verified case of a client being refused a withdrawal.
Is Agra Markets regulated?
No. There is no financial regulator anywhere that authorises AgraMarkets LLC. The company is registered in Saint Vincent and the Grenadines under number 1562LLC2021, but that is a company registration, not a licence. Saint Vincent does not license or supervise forex and CFD brokers.
What happened with the Financial Commission?
The Financial Commission announced on 3 May 2024 that it had removed Agra Markets from membership for repeated violations of its rules. On 4 November 2024 it added Agra Markets to its warning list, naming agramarkets.com and saying the company and website may be used to scam and defraud traders. Its status page for the broker now reads that the membership is withdrawn.
The site says my money is protected up to 20,000 euro. Is that true?
No. That protection came from the Financial Commission compensation fund and it ended when the membership was terminated in May 2024. The Financial Commission page for Agra Markets now states that you are not protected. The broker has continued to advertise the figure anyway.
Can I withdraw my money from Agra Markets?
We found no verified public reports of refused withdrawals, so we cannot say withdrawals are being blocked. But there is no regulator to appeal to and the dispute service the broker advertises is no longer available to its clients. If you hold a balance there, we suggest you request it now and keep full records.
Is my money safe with Agra Markets?
There is no reason to believe it is protected. Unlicensed brokers are under no obligation to keep client funds separate from company funds, there is no compensation scheme, and the dispute body the broker names has expelled it. If the company stops paying, there is no formal route to recover your money.
Who owns Agra Markets?
The operating entity is AgraMarkets LLC, registered in Kingstown, Saint Vincent and the Grenadines. No directors, owners or executives are named anywhere on the website, and Saint Vincent does not require companies to disclose shareholders or directors publicly, so the ownership is not visible.
How old is Agra Markets?
About five years. The domain agramarkets.com was registered on 4 January 2021 and the company number 1562LLC2021 indicates a 2021 registration. We could not open the Saint Vincent registry to confirm the exact incorporation date, so treat five years as an upper bound rather than a proven figure.
Is Agra Markets a clone of another broker?
No. We found no evidence of impersonation. The company uses its own name, its own registration number and its own address, and it does not quote another firm's licence. The problem here is a false protection claim, not stolen identity.
Why does it only accept Perfect Money and crypto?
The funding page lists only Perfect Money and cryptocurrency, including USDT, BTC, TRX, BNB and ETH. There is no card or bank transfer option. Both of the available methods are effectively irreversible, so if something goes wrong your bank cannot claw the payment back. That is a meaningful risk on top of the missing licence.
Has any government regulator warned about Agra Markets?
Not that we could find. We swept the main international warning lists and found no entry for the brand or the domain from any statutory regulator. The warning that does exist comes from the Financial Commission, which is a private dispute-resolution body rather than a government authority.
What should I check before depositing with any broker?
Find the licence number on the broker's site, then look it up on the regulator's own public register and confirm the entity name and the website match. Check that the register entry is active and permits trading rather than advice only. Prefer brokers that accept card or bank payments, and treat any protection claim as unverified until you have seen it on the issuing body's own page.
I already deposited with Agra Markets. What do I do?
Request a full withdrawal immediately and keep written records of every step, including amounts, dates, wallet addresses and support tickets. Report the matter to the financial regulator in your country and, if you paid in crypto, to the exchange you sent it from. Do not pay any fee, tax or extra deposit that is presented as a condition of releasing your funds, and ignore anyone offering to recover your money for an upfront payment.
What we recommend
The practical takeaway from everything above.
Our advice for anyone considering this broker:
- Do not deposit. The protection the site advertises does not exist, and no regulator supervises this firm or holds its client money to any standard.
- Check the claim yourself. Open the Financial Commission status page for Agra Markets. It takes ten seconds and it says the membership is withdrawn and that you are not protected.
- If you already have funds there, withdraw now and keep every record: dates, amounts, wallet addresses, ticket numbers and the names of anyone who contacted you.
- Be careful who contacts you. The Financial Commission specifically warned about people claiming to represent this broker on social media and messaging apps.
- Ignore recovery offers. Anyone who approaches you promising to get your money back for an upfront fee is running a second scam.
- Report it to the financial regulator in your own country, and to your crypto exchange if you funded the account that way.
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 30, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.