Read our Agricoxq review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an agricoxq.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Agricoxq is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Agricoxq in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Agricoxq Review Conclusions
Making the Agricoxq review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Agricoxq review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
dont use this broker, they are scammers
This is all fake… please all fake.
this is fake, they are scammers. PLease dont go for it
First a girl named Silvia called me and persuaded me to invest 250eur, then a senior scammer Bill Collins phoned me saying that 250eur is a small investment, I invested almost everzthinmg I had – a total of 800eur, I have on many times said that I am now unemployed and that i cant invest more yet all Bill did was giving me calls as how little my investemnt is and that I need to invest another atleast 1000eur. I didnt do it and a week later my 800eur went to 32eur. All they want is your money, they dont explain anything at all and call fear of losing my investment as unmanly and that I should grow up and invest the money…. They use communication practices that manipulate you and make them look trustworthy but their sentences are empty, everything resolves about that you should invest more, even if you dont have the money.
They will want you to use Anydesk and give them acces to your PC, they will want you to open your online banking account and they will click through tabs you have opened fast and even minimazing the browser so they can see your desktop.
I am actually happy that I have made this mistake so early in my life, if they would contact me in some years I would have “invested” a lot more money.
Latest scam is they call to say your investment has turned into 10K+ in value. The prior manager had been working it and no longer there, asked the guy calling to be sure I get my money. Of course no longer remember account UID or password. He can transfer the money to Blockchain account in bitcoin, but also wants to get their commission of 10%. I played along to see if there was some miraculous investment that occurred and I actually had the money, as if! So we open a blockchain account for him to transfer the money to, then he takes control and starts manipulating the screen (web user interface) config till he gets to the data item that displays the balance field. He literally typed in the balance he told me I had of GBP12,105.00! Then returns to the left of the screen to show that amount in the balance field. But I can’t withdraw it till my identity has been verified which may take a up to 3 hours. I need my passport to submit a picture for ID purposes. Now the bombshell, he needs me to pay the 10% commission up front before he can release the funds. Otherwise I may just withdraw the money and not give him his commission. He wanted me to send the money to him out of my personal account or any other source of funds I may have. I told him I had no money. We can transfer a lower amount for me to withdraw, but I still have to pay the 10% commission on that amount. Then he started rambling on about taxes and liabilities and how I’ll still have to pay commission eventually, etc., etc. I asked where the money is coming from, where is my account with all this money? He had previously shown me changelly.com, he said an exchange platform where there is no account. Then he said the account is with agricoxq. But if I don’t know the password no one can get to the money, that’s the problem. Hmmmm…although no one can get to it, they will transfer it to my new blockchain account? I said why can’t I try to log in to see if I can get in and if not, their help desk should be able to verify me and reset my password, right? He goes off to get a screen print of my account showing my name, the balance, account number, date of last log in. All looks pretty good and legitimate. I tried using my email, my name and the account number to request a password reset and none were recognized. He then put on the final pressure, “I have other clients I have to call, please give me your final answer. Are we doing this or not?”. No!, says I. 😉 Afterwards, I looked up Agricoxq phone number and call, still thinking maybe this is a legitimate company someone is using in this scam. The number rang and got the automated voice mail “The person you are calling is not available, please leave a message.” Referring to the owner of what is supposed to be a business phone as a “person” really struck me as odd too. I would have thought a business number would have a different canned recording. Details, details. The good thing is he didn’t get me, the bad thing someone else may fall for it. I even told him it sounded like the scams you hear about, ‘send me XX amount of money and I’ll return to you XX amount’ (always returning a much larger amount). Conceptually the same, but a bit of legitimacy added since I did fall for the original scam to invest money in bitcoin to get a huge return. For me, I was suspicious of the gimmick, and figured I could test it to see what would happen if I invested a small amount, so I did the minimum assuming I would lose it. But if it worked, all the better. But now, I am constantly bombarded by calls to invest or add money. And then this new one, playing on your hope that your tiny investment really did work! All done with them now. Nothing will surprise me anymore.