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The Streamster and MetaTrader 4 platforms here also have convenient mobile devices. These applications can be downloaded for Android and iPhone. They can be used to analyze market charts, see the latest quotes, view trades already made, and trade. Besides, mobile trading is very convenient and allows a trader not to be tied to a desktop computer, making it possible to access the market at any time.
The chat function can be found inside the proprietary trading platforms. Commissions are applicable with select accounts and trading platforms. Overnight swap rates only apply for the MT4 trading platform and an inactivity fee of $20 per year is levied after twelve months of account dormancy. One of the main strengths of Agea broker house is their “exemplary” customer support service, as they refer to it on their website. It could be argued that such a characterization is an obvious exaggeration, but one should first consider all elements of Agea brokerage and then make the call. For example, their support service is available 24 hours a day, five days a week.
As we already mentioned at the beginning of our in-depth Agea review, this brokerage is staying close to their competition regarding the average spread and commission for currency pairs. After conducting some research on various social media platforms , as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with AGEA. Based on this user feedback, it appears that AGEA is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform.
This will tell you whether they are regulated by a central authority or if AGEA is an offshore and/or unregulated entity. The following platforms are provided by AGEA to all its clients. Spread was increased by our liquidity provider for some days near the date of your complain, we did obtained a better spread now, you may try with our Standard MT4 account for the better Silver spread. If you still have any issue please kindly contact us to so we can solve them. What I like the most from this broker is the easiness to trade on the platform. There is no need for us to install any platform as they have the web-based platform as well.
Excellent performance without imposing additional services
Your funds held with AGEA International AD is maintained in separate bank accounts at local and international banks, in line with relevant laws and regulations. I like this feature as it means that funds should not be used for any other purposes such as business operating costs. I’ve already said that withdrawal is done without problems. The basic truth about binary investment is the same old story, knowledge is key and information is power, those will never get old, I’m not the type that wi… Dear @Martha Edward, this is not the place for you to comment. We have nothing to do with financial fraud, please do not mislead our followers and traders.
Here you will find all the tools you need to work with the market, as well as materials for Forex trading training. The downside is that almost all the information is in English, which may be inconvenient for the players, which do not speak English. Given the small requirements for the initial capital, this broker could be called the best, if not for the strict measures of this very security. I deposited my account from a bank card and the first withdrawal could only be made after two months. When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification.
The MT4 comes preloaded with a charting package and up to 30 technical indicators which can still be extended through plugin apps. With the inbuilt MQL4 programming language, clients can design their own robots, indicators, and other apps that will run on the platform. It features charting on 9 timeframes, order management, and risk management tools.
AGEA has a variety of convenient methods for depositing and withdrawing funds from your trading account. They include bank wire transfer, credit/debit cards, Neteller, Skrill, FasaPay, PerfectMoney, WebMoney, Qiwi, and DixiPay. Some fees may be charged when using certain payment methods, and the transaction processing time depends on the payment method used. Between 74-89% of retail investor accounts lose money when trading CFDs. The AGEA support team can be reached 24 hours per day on weekdays, through a live chat feature.
After your account gets verified you will obtain a $5 reward. AGEA does not provide clear details about its trading fees on the company website. It seems that the spreads charged on all assets are the primary source of trading fees. With AGEA the account opening process entails a standard online procedure as is usually needed in the brokerage industry. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide investment advice, offer or make solicitation of any investment products.
Each request is checked by people, not executed automatically. Hello everyone stop losing your hard earn money to fake brokers, if you are interested in trading binary option, recovery of lost funds from those heartle… The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums.
The topics covered include an introduction to the markets, trading strategies, technical analysis, and more. AGEA does not provide daily technical analysis, webinars and trading insights. There are no platform tools like Autochartist or partnership with fintech research firms like TradingView, Claws & Horns, etc. Traders can practice with the $10,000 virtual funds that come with the account. AGEA states that it credits all deposits with the same amount received, but for withdrawals, some charges apply.
Traders can use our free service but should do their own due diligence and make their own decisions. Rates, terms, products and services on third-party websites are subject to change without notice. This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. 75% of retail investor accounts lose money when trading CFDs with this provider.
I like how there is no time limitation on the demo practice accounts. MetaTrader 4 is a popular trading platform that is used by millions of traders from all over the globe. There are several chart timeframes and types along with numerous built-in indicators that help simplify market analysis, determine trends, define various shapes and identify entry and exit points.
Agea
AGEA just like this, but in the process I switched to the Agea.Trade platform. I have a couple of dozen charts from different platforms opened on two monitors, but it is more convenient to open orders on the ageatrade. Also available on the MT4 platform, this is the primary account designed for experienced traders.
The account features of the Cent and Standard accounts are primarily the same, with the sole difference being the minimum deposit. Traders may open a Cent Account for as little as $6, up to a maximum of $5,000. A $100 deposit is required for the Standard Account, which is where most traders are likely to manage their accounts. New traders may want to consider “practicing” in the Cent Account, which uses actual cash, instead of in the AGEA demo account which uses virtual currency.
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you contact find the best broker according to your own needs. Accounts can be opened USD, EUR, JPY, GBP, CHF, CAD, AUD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
The presentation is poor, and traders have no clear indication of the platform’s various features. Streamster is the primary trading platform at AGEA, but with limited asset selection; it supports automated trading via an API, is equipped with a charting package, and features chart trading. AGEA.Trade appears to have the same features, but no further information is provided.
This social approach to customer service further explains the supported languages. AGEA is an international forex broker company that is based in Podgorica, Montenegro, and think markets fees specializes in providing traders with online trading services. AGEA operates worldwide through a team of technical support personnel and dedicated financial specialists.
AGEA is a Montenegro-based Forex broker that was founded in March 2019 by industry veterans that had have been operating since 2005. The company is publicly listed prtrend on the Montenegro Stock Exchange. The first bonus is given to a new user during registration. A newly opened account will be credited with $5 to start.
This review was submitted to attack another broker from inside the offices of AGEA. The commission is too high and the execution is too slow. For any questions or concerns, please email our support team that will always try to answer your questions in the best way possible, on Let other traders know if this service is worth checking or should be avoided.
Apart from this, the company does not have a serious license of the leading market regulators, although it does not hide its location address. During all this time, they carried out technical work only a couple of times. Funds withdrawal is not instant, but not particularly long.
Although I like how there are a variety of account funding options, I was a bit disappointed that the educational materials provided are limited and that they do not have any social trading platforms integrated. Furthermore, I found the non-FX trading instruments to be lacking compared to other online brokerages that offer thousands of tradeable assets. You can compare their trading conditions with other brokers at our broker ratings.
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Bank transfers may take a few business days to clear whilst some methods can be instant. AGEA provides a $5 bonus to all verified accounts, applicable to its Streamster and AGEA.Trade platforms. AGEA also hosts an AGEA Masters monthly tournament on its Streamster platform. AGEA.Trade is a webtrader which seems to be an identical trading platform as Streamster. Unfortunately, we couldn’t quite tell the difference during this AGEA review. The broker has a few basic trading articles that can help beginners understand some of the basics of trading.
Forex Broker’s Bonuses
Customer support is available 24/5, and the most convenient means of engaging with the customer support team is through the live chat feature. The chat function which is inside its proprietary trading platform is similar to squawk boxes used by established brokerages for inter-trader communications. Traders may also use the webform to contact support, while a limited FAQ section addresses the most basic questions. AGEA claims to offer support service in over 100 languages, which is most likely achieved through online translators. An Assistant Program is noted, where monetary compensation is provided for AGEA affiliates and individuals who are current AGEA clients; the Assistant Program is intended to render assistance to other traders.
Broker Information
Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Withdrawals, on the other hand, are not free of charge, and the fee for wire transfer withdrawals is $7. Agea offers a lot of options when it comes to deposits and withdrawals, and the most notable of those options are credit cards,Skrill, QIWI, UnionPay, PerfectMoney, WebMoney, Neteller, Payza, etc. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.
FXTM Fees, Spreads, and Commission
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. This popular trading platform is available for all clients who prefer to use the platform. AGEA offers more currency pairs on the MT4, but swap fees are charged on overnight positions, unlike the Streamster where swap fees are not charged.
North American Markets
There was no sense of security, so I decided to look for safer options. AGEA attracted me by the fact that it’s a European broker with excellent spreads. For example, the EURUSD spread is one pip, the GBPUSD – one and a half. True, this broker demanded a lot of personal data at an account registration , but the effort was worth it. The security of the money earned is definitely worth it, that’s what I mean. Very pleased with this broker, good for beginner and advanced traders.
Before starting to trade, potential AGEA clients should arm themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading. If AGEA ’s website itself does not provide enough means, a trader should explore other information sources to obtain that skills and knowledge. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. Companies provide their own proprietary platform, while others prefer well-known platforms. If there is a choice, the trader should keep in mind what he would like to trade.