AGEA Forex Broker Review 2021

The broker is fluent with its customers and providing high values to their client's, they accept MT4 platform You can start with a $5 no deposit bonus,
( 1 )
All major platforms available
Regulated Broker

What is AGEA? Who are they?

Agea website overview

AGEA International AD is a Forex broker that was established in the year 2005 March, it is regulated by Montenegro, providing various trading assets services. You will be glad to know that, you can start trading with AGEA by making only a $1 deposit, even you can start with them with a $5 no deposit bonus.

Regulation of the broker AGEA

Forex brokers must be regulated by financial authorities to get trust in the market. They claimed a license from Montenegrin Commission for Capital Markets with the number 5-0557722. Montenegro is the regulator who is the standard of the successor to the Securities and Exchange Commission of Montenegro. AGEA International AD is located at Business City, Arsenija Boljevica 2A, Podgorica 81000, Montenegro.

Available Trading Assets

The broker AGEA international AD is providing a few trading assets, they are offering only Forex, indices, commodities, and cryptocurrencies. There are 17 major currency pairs are available to trade including EUR/USD, GBP/JPY, CAD/JPY, NZD/JPY, GBP/NZD, USD/HKD, EUR/DKK, EUR/PLN, USD/PLN, ZAR/JPY, CAD/CHF, USD/DKK, USD/NOK, USD/SEK, NZD/CHF, NZD/CAD, SGD/JPY, EUR/HUF, and USD/HUF. In commodities, traders are eligible to trade the following assets Gold, Silver, Gold/EUR, US Oil, UK Oil, etc. Clients can trade Bitcoin, Ethereum, Ripple, Bitcoin (Milli) while they want to trade cryptocurrencies. Also, there are various Index assets available to trade.

 

Trading accounts

There are 5 types of account services are offering by the Broker AGEA, MT4 Cent, MT4 Standard, AGEA trade, Streamster, and Webtrader. You can open an account any of them, here are the details about the accounts.

MT4 cent: You can open an MT4 cent account with AGEA Forex. MT4 cent account minimum deposit is $6, you will get up to 1: 500 leverage and no commission will charge from you. A trader can hold up to a $5000 balance in an MT4 Cent account.

MT4 Standard: MT4 standard account is designed for professional traders, the minimum deposit amount is $100, and no maximum balance limit in this account. A trader can get up to 1:1-1:200 leverage with AGEA MT4 standard account.

AGEA Trade: AGEA trade account minimum deposit is $1 also there is no maximum balance limit for this type of account. Maximum leverage is 1:100 and no fixed spread.

Streamster: It is also a small investing type account, traders can open this account with only a $1 deposit. The maximum leverage for the account is 1:100 and no maximum balance limits.

Webtrader: Webtrader account features are almost the same as the Streamster account but the platform is different.

Islamic trading

The broker designed an Islamic trading account for those peoples who wants to trade in Forex by following Islamic rules. Clients can trade with an Islamic account interest-free (Swap-free or Rollover free) with no extra charge or penalty for the trades.

Dose AGEA accepts demo accounts?

Demo trading is a very good option for traders to understand a trading platform or brokerage services. AGEA accepts demo trading, you can trade in the demo account.

How to open an account with AGEA

AGEA maintained the standard of online account opening criteria. You have to provide your legal information and verify the KYC documents in AGEA. After opening the account AGEA will ask you to provide your national ID or passport scan copy and your residency proof. Follow the procedure below to open an account with AGEA.

  • Go to agea.com.
  • Click on the “Open account” button.
  • Fill up the information form and click on the Continue button.
  • You will receive an email from AGEA. Click on it to verify the profile.
  • Upload your KYC documents and verify the profile.

Note: You should read the terms and conditions agreement files before opening your account. There are a lot of things that could be harmful to you.

Trading platforms

AGEA broker is offering two major trading platforms, Streamster and MT4. MT4 is the most popular platform for traders. A trader will get the following opportunities with them. Also, they have their own trading platform which is agea.trade

 

 

MT4: MT4 is designed by popular software company MetaQutes and it is the best trading platform ever in the world. AGEA traders can trade Currency, Index, and Commodity CFDs on the MT4 platform. There is 4 base currency available USD, EUR, GBP, and CHF. A trader can open 200 positions at a time.

Streamster: Although Streamster is not popular as MT4 it is also a good trading platform in the market, but it has a wide range of extra opportunities. A trader who opens an account with Streamster can trade Crypto, Currency, Index, and Commodity CFDs in Streamster. Leverage available 1:10-1:100, 1-second execution processing frequency. There are a maximum of 100 open positions per desk available which is a total of 200.  The maximum volume limit is $1000000 in USD or equivalent amount in other currency and base currencies are USD, EUR, JPY, GBP, CHF, CAD, AUD.

 

Promotions at AGEA

The broker is not promoting themselves with various fraud promotions, but they are providing a $5 credit as forex no deposit bonus to all new and verified customers who registered on Ageatrade and Streamster platform. We found a monthly contest on its streams platform for live traders.

Other benefits from AGEA

  • Zero Fee on Deposit
  • $5 Bonus for All Clients
  • No deposit required when opening an account
  • The minimum deposit is only $1
  • Swap-Free Trading
  • Numerous payments methods
  • Over 100 languages supported
  • AGEA.Trade mobile version is available on Google Play and App store
  • Monthly Bitcoin Contest:
  • The best prediction of Bitcoin value price in the exact time and date wins $50!

Fees and trading charges

Although there are no fees while you making a deposit on AGES but there is a withdrawal fee available on almost all of the transaction systems. If you withdraw your money by using your credit card you have to pay 2.5% + USD 7.50 or 2.5% + EUR 6.50 as a withdrawal fee. 1% withdrawal fee for skrill, 0.50% for Perfect money, and 1.50% for Webmoney. 1.6% charge applicable while using Malaysia, Indonesia, Thailand, and Vietnam local banks.

The broker taking spreads from 1.2 pips which is high for a market maker, and a client have to pay $20 per year if he/she doesn't show any activity during a year.

Deposit and Withdrawal system

Customers always love companies that accept various deposit and withdrawal systems. AGEA broker is accepting the following E-wallet transactions Neteller, Skrill, FasaPay, Perfect Money, Web Money, QIWI Wallet, and Paytrust 88. The broker also supports Mastercard, Credit or Debit card, and bank wire transfers. There is a good opportunity for you the broker removed all of the charges from any types of payments. This means you don’t have to fee while you are making a deposit by using your credit or debit card or any other transaction system.

Customer Support

AGEA International AD is providing customer services with various systems, you can contact the company by using Email, Website live chat support, or physically. To contact them physically you have to meet with them at the following address Business City, Arsenija Boljevica 2A, Podgorica 81000, Montenegro. The email support is providing from support[at]agea.com you can contact with them by using the email address. Additionally Follow AGEA on social media to stay tuned!

 

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