AGEA Review

AGEA Review by professional Forex trading experts the “” FX trading team, Finding out everything you need to know about the broker is in this AGEA Review.

AGEA Review

Headquarters:
Bulevar Ivana Crnojevića 107 Podgorica, 81000

Country: Montenegro

Regulation: No

Streamster Account:

minimum deposit: $1

minimum lot size: 1 currency unit

max leverage: 1:100

Cent Account:

minimum deposit: $6

minimum lot size: micro lot (1,000 units)

max leverage: 1:500

Standard Account:

minimum deposit: $100

minimum lot size: micro lot (1,000 units)

max leverage: 1:200

STP Account:

minimum deposit: $1,000

minimum lot size: micro lot (1,000 units)

max leverage: 1:100

commission: $4 per 100 000 traded

Spread:

Variable, from 2 pips on EURUSD

Deposit/Withdraw

Credit card, Uninon Pay, Skrill, RBK Money, Payza, DixiPay, Qiwi, Neteller, Perfect Money, FasaPay, Bank Wire, WebMoney, E-Dinar

Platform:

Streamster, MT4, MT5

Regulated by:

SCMN (Montenegro)

What we think about AGEA

AGEA is a forex broker previously known under the name Marketiva. Based in Montenegro, AGEA welcomes its new traders with some great perks: a $5 no deposit bonus, and a Refer-a-Friend program, with which you can earn up to $4,000.

The broker offers traders choice between three trading platforms: MT4, MT5, and its own Streamster platform.

Streamster is advertised as a platform most suitable for beginners – it is supposed to be really easy to navigate, and to be good for learning forex. The platform comes with integrated news feed, alerts, technical analysis tools and trading-from-charts capabilities. A feature that we find peculiar is the built-in multilingual chat where you can talk to other traders and the broker’s customer support. Frankly, we find this chat to be nothing but one big mess, with messages coming in in a bunch of different languages and different conversations going on simultaneously in the same window but that’s just our opinion.

If you take a look at the account types offered by AGEA, you will quickly see that the broker’s services were really designed with the newbies in mind. With a minimum deposit requirement of $1 and the possibility to trade as little as one currency unit (we admit it, this is pretty unique), it lets you get the hang of forex trading without risking a lot of money.

What’s interesting to note about this broker is its regulation. While forex is not regulated in Montenegro and OTC market making services are not supervised by the Securities Commission of the Republic of Montenegro (SCMN), the broker – even though not obliged to – tries to be compliant with the European Union’s Makrets in Financial Instruments Directive (MiFID). This attempt is admirable but you should keep in mind that in case the broker goes bankrupt, there’s no organization or regulator to protect you.

Instead of the forex broker you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.

AGEA Review Conclusion

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