|Type of Broker||Market Maker|
|Islamic Account (Swap Free)|
|Deposit Options||Bank Wire Transfer , E-Dinar , FasaPay , Neteller , PerfectMoney , QIWI , RBK money , Skrill , Union Pay , Webmoney , Payza|
|Withdrawal Options||Bank Wire Transfer , E-Dinar , FasaPay , Neteller , PerfectMoney , QIWI , RBK money , Skrill , Union Pay , Webmoney , Payza|
Bonus & Rewards
|No Deposit Bonus|
|Bonus for First Deposit|
|Is the Bonus Based on the Volume of the Transaction?|
|Platform Languages||English, Spanish, Russian, Chinese, Hungarian, Indonesian, Malaysian, Serbian, Urdu|
|OS Compatibility||Mac OS , iOS , Windows|
|Streaming News Feed|
|Trade From Charts|
|Guaranteed Stop Loss|
|Guaranteed Limit Orders|
|Interest on Margin|
|Customer Support Languages||English, Spanish, Russian, Chinese, Hungarian, Indonesian, Malaysian, Urdu|
|Customer Service Hours||24h|
|Place Trades Over the Phone?|
AGEA - Review
Based in Podgorica, Montenegro, AGEA is an international financial company that specializes in providing financial traders with online trading services.
The company is made up of experienced and dedicated professionals with decades of experience behind them. Working together with IT experts, AGEA is able to shape their trading systems to suit the various needs of their traders providing them with an effective and reliable trading environment.
To further enhance the deployment of their services, AGEA is always working towards continuous technical innovations as well as striving to be as responsive as possible towards their traders’ goals.
Trading services at AGEA can be accessed by traders through a variety of different platforms. Essentially, there are two main types of platforms at AGEA, the Streamster and MetaTrader (MT) platforms. However, there are also several other variations of these two main platforms available for traders to configure to suit their own individual trading needs.
The Streamster platform is AGEA’s proprietary platform and is available as a standard version and a more advanced version called Streamster API for those who are more technically inclined.
User friendly and compact, the standard Streamer platform is the mainstay of AGEA’s trading platforms. The platform is ideal for new traders as it is easy to operate. Nevertheless, it is also packed with powerful features which also make it suitable for experienced traders. One of its most unique features is the multi-channel chat tool where traders can converse freely with other traders as well as requesting for customer support.
With the Streamster API platform, technically competent traders will have access to additional functionalities with the Streamster platform by programming the Streamster platform to perform specific requests coming from the trader’s computer.
MetaTrader (MT) Platforms
For traders who are looking to trade with a familiar platform, they can always opt for the MT 4 platform. Sophisticated and programmable, the MT4 is more suited for advanced traders who are looking for a platform which is more customizable and is Expert Advisors (EAs) compatible.
As for the MT5 platform, the MT5 platform is actually an offshoot of the MT4 platform but is designed for trading equities and derivatives with a single trading account. Apart from all the old functionalities on the MT4 platform, MT5 platform also introduces to traders many new features not previously found on the MT4 platform.
Mobile versions of the above mentioned platforms are also available for traders who wish to trade the markets on the smartphones or mobile devices.
The types of trading accounts at AGEA are categorized according to the type of trading platform selected. For example, with the Streamster platform, you only need a token deposit of $1/- to open a live trading account. However with the MT based platforms, you have to choose from the following
- Standard (Minimum deposit of $100/-)
- Cent (Minimum deposit of $6/-)
- STP (Minimum deposit of $1000/-)
- Fixed Spread (Minimum deposit of $5/$100/-)
Opening a trading account at AGEA is a simple process and takes less than 5 minutes to complete all the forms submission. As an added incentive to new traders, AGEA is currently waiving the minimum deposit requirement and instead gives them a $5/- free money reward to help them kick off their trading career at AGEA.
Commission & Spreads
As for the spreads payable at AGEA, they are quite reasonable and start from as low as 0.9 pips for major pairs like the USD/JPY. For the EUR/USD pair, traders can expect to pay a minimum of 1 pip.
The customer support service at AGEA is multi-lingual and is available 24 hours a day during the working week. Access to the website is also made easier by the fact they are available in various other languages such as Chinese, Malay, Russian and Indonesian.
Contact with the support team can be done through live chat, email, telephone or the support channels on the trading platform itself. Apart from the dedicated support services from customer support, traders can also turn to their trading peers for assistance and tips on the forum provided by AGEA at forum.agea.com.
While AGEA is not regulated by any centralized financial regulatory authority, they do adhere to international best practices when dealing with their clients’ money. This is in preparation for the day when Montenegro will become part of the European Union (EU) and will need to comply with the provision of the Markets in Financial Instruments Directive (MiFID).
- Credible and Professional Broker
- Fast and Efficient Platforms
- Free $5 Deposit Reward
- No Deposit or Low Deposit Requirement
- Reliable and Dedicated Customer Support
- Ultra Tight Spreads
- No scalping
Overall, we find that AGEA do live up to the motto of upholding integrity and being responsive to their customers’ needs. We were especially impressive with their genuine offer of no obligation $5 free money to new accounts as a way for new traders to kick start their trading activities. So far, no other brokers have been able to this kind of offer. So for new traders, they literally got nothing to lose.