This Aglo Trade review provides information about this particular phony broker whose website is found at aglotrade.com. We noted discrepancies and multiple red flags which suggest that this broker is a great risk to traders.

The website of Aglo Trade has been around for nearly 7 years. However, business activities of this broker started recently in 2022.

The reason for discussing these details is because scammers like to work with old domain names to create the illusion of duration and experience in their business. The fact of the matter is that aglotrade.com is a very new broker whose intention is much like the other scams that we’ve reviewed here before.

In case they stole your funds or you lost your invested capital in another Forex scam, our recommendation is that you should seek help in recovering your money here. It does not matter when or how you lost your funds because by filling and submitting the form, you will receive invaluable advice. The duration for a successful recovery depends with how you cooperate.

Aglo Trade Review and overview

Nothing much can be said about this fraudulent broker because their website feels and reads exactly like that of a typical Forex scam.

To feign legitimacy, these crooks have populated their website with misleading figures and marketing statements.

Those numbers suggest that Aglo Trade is a popular and trusted broker but when we conduct our investigations, we find the exact opposite.

The broker is also unable to discuss meaningful information concerning their company. Instead, they’ve chosen to replace this critical information with general marketing literature.

Aglo Trade has refused to disclose their exact physical address. Their contact page is blank. Can you imagine trusting these anonymous people with your hard-earned money? A blank contact page sends the wrong signals. It only reaffirms that these guys are scammers as we’ve said before.

One thing we couldn’t miss out was the fine text in the footer of this corny website. The broker is claiming to be a multi-regulated entity. They pretend to have physical locations in Cyprus, Belize and Mauritius.

We’ve checked them out on the CySEC website and found nothing pertaining to a company called Aglo Trade. You can check for yourself here.

This is pretty much the same outcome if you search the name of this shady broker on the Beliza and Mauritius public register for brokers who are licensed.

How Aglo Trade will scam you (a dirty fraud indeed)

Scammers in the Forex brokerage business operate the same way across the board. They create a website with a backend for trading financial instruments.

Newbies can’t distinguish between real financial instruments and a simulation of the original thing.

In a nutshell, AgloTrade is offering the highly controversial and illegal CFDs (Contract for Difference) to unsuspecting consumers.

The reason they’re considered as such is because nobody has ever made any profit from trading them. The value of CFDs are never pegged on any real currency or stock. Instead, they’re like a promissory note where the contract is just between the trader and the broker.

That is to say, if you lose, your loss is the profit of these scammers. The vice versa can’t happen because the faceless scammers running Aglo Trade have all the settings and configurations to make your trades fail.

Some traders have often implemented a strategy called arbitrage. This strategy is banned by all scammers (or rather CFDs brokers) because it sometimes beats their rigged system and they’re forced to either payout the traders’ winnings or deny them their profit altogether.

None of these scammers ever want to pay out the profits. Your guess is as good as mine……. They kick you out of the platform without a chance to get back your capital or winnings. Loss is on you….but that is also the reason I call them scammers.

If this is your case, don’t panic because help is here.

Wrapping it up

There’s nothing like profitable investments with Aglo Trade. The broker is misleading traders using false marketing language. They know that this flowery language is a trap to people who are financially unsophisticated.

The truth is that once they get what they want from your pocket, they will never pay attention to you again.

You risk getting into financial depression because of these guys. Our best advice is that you should avoid this broker as they are no good.

Of course we do encourage comments. If you have a nasty experience with these scammers, please leave a comment below.