AGEA Company Overview

Operating since 2005 and based in Montenegro, AGEA International AD is an exchange-listed investment company, regulated by the Commission for Capital Markets, formerly the Securities and Exchange Commission of Montenegro.

The company is listed as a public company on the Montenegro Stock Exchange and is also regulated in the EU under MiFID.

Spreads at AGEA are around 0.6 pips on major forex pairs, such as EUR/USD. On CFD indices such as the FTSE 100, spreads start at 0.7 points, and on gold and silver, spreads from 0.3 pips are available. Overall, spreads are tight and there aren’t any commissions to factor in.

Other costs to be aware of include a $20 inactivity fee charged to accounts dormant for over 12 months, as well as overnight swap rates on the MT4 platform.

Leverage on the Streamster platform is available between 1:10 and 1:100, whilst on MetaTrader leverage is offered at 1:1 to 1:100 (initially 1:100). Although not the highest leverage rates available, there is enough to capitalise on market opportunities

Details of the margin call process can be found on the broker’s website.

Deposits: AGEA offers multiple funding options within the Account Centre. Payment methods include local bank and wire transfers, PerfectMoney, Skrill, Neteller, Fasapay, PayTrust88, and RBK Money. See the broker’s Payment Options page for a list of methods available in your jurisdiction.

The minimum deposit with all methods is $1, making it an accessible broker for new traders. AGEA does not charge for deposits, but there may be external processing fees.

Withdrawals:

Withdrawals can be made by all the same methods as deposits. AGEA charges a $7 withdrawal fee on the first withdrawal made through non-wire options and a $10 fee on withdrawals via bank wire transfer. Additional processing fees can be found on the broker’s website.

For security reasons, the withdrawal process is never automated. Digital currency withdrawals take 6-24 hours to process. Wire transfer withdrawals take 2-7 business days.

AGEA users have access to a range of assets:

  • Currencies – Trade on close to 20 major, minor and exotic currency pairs, including EUR/USD, AUD/USD and EUR/GBP
  • Index CFDs – Trade a handful of CFDs on the CAC 40, DAX, FTSE 100, NASDAQ 100, Dow Jones, and S&P 500
  • Commodities – Trade gold, silver, and crude oil in both spot and futures markets
  • Cryptocurrencies – Trade Bitcoin, Ethereum, and Ripple

AGEA’s demo account comes with $10,000 in virtual capital. Access to the demo account will be available for as long as traders want it and if funds fall below $2,000, users may request more. The demo account is an excellent way to try trading under the same conditions as a live account.

AGEA offers a $5 no deposit bonus for all new users. Simply register for a new trading account and the funds will be automatically added to your account. Check the broker’s website for information on upcoming deals and promotions.

AGEA International AD is a regulated and exchange-listed investment company, holding a license with the Commission for Capital Markets, formerly the Securities and Exchange Commission of Montenegro.

The legal framework that regulates investment companies in the Republic of Montenegro is based on the Markets in Financial Instruments Directive (MiFID). Client funds held with the group are maintained in separate bank accounts at local and international banks, in line with relevant laws and regulations.

AGEA offers a variety of educational resources and guides, including:

  • Introduction to Markets – information on buying and selling, orders and positions, plus calculating profit
  • Trading Techniques – includes guidelines on technical and fundamental analysis, plus controlling risk
  • Specifics & Facts – information on trading terminology, margin requirements, and overnight interest
  • FAQs – frequently asked questions both on AGEA in general and on trading

AGEA clients can choose between the Cent account and the Standard account. The Cent account is aimed at beginners with a $6 minimum deposit and a $5,000 maximum balance, while the Standard account has a $100 minimum deposit and no upper balance limit. Both accounts come with leverage up to 1:100 and a minimum lot size of 0.01.

Note that before the MT4 platform can be used with one of the above account options, clients must open a Streamster account. This requires just a $1 minimum deposit and has no maximum balance limit. Leverage is set to 1:100 and comes with a 1 lot minimum trade size.

Upon request, an Islamic account is also available on both the Streamster and MT4 platforms.

Advantages of trading with AGEA include:

  • Choice of trading platforms, including MetaTrader 4
  • Demo account with $10,000 virtual cash
  • Broker chat support within Streamster
  • Decent education & trading tools
  • Straightforward login
  • No commission fees

Trading hours on both the Streamster and MT4 platforms are Sunday 22:15 to Friday 21:00 GMT. Virtual trading is open at all times. Other market schedules (GMT) are as follows:

Japan – 00:00 opening
Singapore & Hong Kong – 02:00 opening
European – 07:00 opening in Frankfurt, 08:00 opening in London
New York – 13:00 opening (NYSE opens at 14:00)
European – 17:00 closing
Australian – 23:00 opening

AGEA’s 24/5 customer support team can be reached via:

  • Online contact form – for general enquiries
  • Account Centre support team – for technical issues within the platforms
  • Live chat – live chat logo located in the bottom right-hand corner of the website

Rsource

AGEA Trading Platforms
AGEA Trading Platforms


Menus


Home Page

Welcome Bonus

Trading Rebates


Forex Broker

Resource



Menus


Free Forex Trading for Beginners