AGEA Review

Review

AGEA (ex Marketiva), located in the Republic of Montenegro, has established itself as an industry leader thanks to its advanced trading platform and its highly recommended customer service. According to its site, AGEA has more than 260,000 serviced users, 150,000 unique and live trading accounts, and more than 2.7 million live orders executed each month.

General Information:

Minimum Deposit: None
Maximum Leverage: 1:500
Languages: English

No minimum deposits are required to open an account with AGEA. Actually, when you first log in, your account is already funded (if you verified your account) with $5 in real money and $100,000 virtual money.

Platforms and Accounts

AGEA offers the MT4 and Streamster trading platforms. The same account and platform are used for practice money and for the real money, so only a click of a button is needed to determine which funds you wish to use. Best of all, a $5 reward is given for opening a new account and depositing only $1. AGEA’s rates are between 1-3 pips for the major pairs, offering less than 20 pairs on Streamster or 47 pairs on MT4.

The leverage offered is up to 1:500, allowing a minimum trade unit of 0.01 lots! In addition to FOREX trading, AGEA also allows trading commodities and funds offering a list of 7 funds to choose from.

The process of opening up an AGEA account is quick and easy. Registration is simple, and requires only minimal details. No further procedures were required for downloading the software, which is also a quick and easy process.

Streamster, AGEA’s software, is known for its ease of use and flexibility. It has a high-tech look & feel, yet it is simple and intuitive enough for a beginner to understand. The software includes advanced charting tools, which are fully customizable, and enable opening positions right from the charts themselves. Multilingual live support is available and traders can chat 24/7 with other online traders where they can discuss market events and trends and exchange trading ideas and tips.

Accounts can be managed through the “Account Center” on AGEA’s website, so it is not necessary to actually be logged into the Streamster or MT4 in order to download the software, follow account balances, or review open positions and trades.

Features

Deposit and withdrawal processes are executed through the web “Account Center”, and user-friendly and are clear to follow. To make a deposit, the following payment methods are available on AGEA: Skrill, Payza, RBK Money, WireTransfer, Neteller, WebMoney, E-Dinar, FasaPay, PerfectMoney, UnionPay. No fees are charged for deposits. However, these payment methods do accrue charges for withdrawals. The fee for withdrawing by wire transfer is $14.00, while for all the rest it is $7.00 and only for the first withdraw.

Around the clock customer support from professionals is available for any questions that may arise, both technical and trade related. AGEA’s support standard is regarded by users as one of the highest in this field despite the fact that support is provided mainly via email, and through the public chat-room which is open to registered clients only. Besides English, support is provided in Chinese, German, Hindi, Hungarian, Indonesian, Malay, Portuguese, Romanian, Russian, Spanish, Urdu.

A multitude of additional services and resources are offered the trader. The FAQ section which deals with general issues of trading in the FOREX market as well as technical questions about software operation covers a lot of useful information.

Market news and alerts are provided from within the system, to aid traders with their decision making processes.

Instrument Profiles are also provided which contain detailed information categorized in several sections, providing the necessary data to assist the trader with making the best decision as to which instrument to trade.

To further enhance the community atmosphere, AGEA runs AGEA Masters Tournaments. AGEA posts a list of traders who had the most profits during the past month and during the previous year. The #1 earner is named AGEA Master of the month or year.

The user-friendly software, high quality support, advanced community tools and low risk requirements, all make AGEA a very attractive broker choice for a newcomer to the FOREX market.

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