AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.

Amegafx review


We don’t have our own personal experience with AMEGAFX. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider.

Actual forex bonuses


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.

While there is a decent chance that AMEGAFX is not a scam, there is no reason to take the risk of trading trade with an unregulated broker, especially when considering there are hundreds of brokers regulated in the EU, australia, africa and the USA offering similar or even better trading conditions. In order to start trading with AMEGAFX, you have to deposit at least 1 USD (trading accounts can also be held in USD, EUR).


AMEGAFX review – is it a scam or legit broker (2021)


In this AMEGAFX review, we are going to take a look at the offer that this broker prepared for its traders. AMEGAFX operates on the financial market since 1995. When it comes to trading platforms, the broker features metatrader 5 and webtrader. The AMEGAFX minimum deposit is 1 USD.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


Basic information from this AMEGAFX review


website address:amegafx.Com
licensed and authorised by regulatory bodies:
supported languages:english, spanish, french and portuguese
customer support available via:E-mail, live-chat
contact details:[email protected],
available deposit methods:airtel, beeline, BPAY, cashmaal, CBE (commercial bank of ethiopia), dohone, ecopayz, epay (epay.Com), express union, fastpay, jeton, ligdicash, LINE pay, M-birr, maestro, megafon, MTS, paydunya, payeer, perfectmoney, pipay, qiwi, siru mobile, sticpay, svyaznoy, TELE2, truemoney, unionpay, vcreditos
available withdrawal methods:airtel, beeline, BPAY, cashmaal, CBE (commercial bank of ethiopia), dohone, ecopayz, epay (epay.Com), express union, fastpay, jeton, ligdicash, LINE pay, M-birr, maestro, megafon, MTS, paydunya, payeer, perfectmoney, pipay, qiwi, siru mobile, sticpay,
minimum deposit:1 USD
min. Trade in lots:0.01
spreads:variable
tradable assets:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.


For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.


Random reviews of competing FX & CFD brokers: inmarketfx, tradershome, fair forex and IG


Frequently asked questions


�� is AMEGAFX a scam?


In accordance with our research, AMEGAFX is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that AMEGAFX is not a scam, read our trader reviews and check other popular trading related websites and forums.


�� what is the AMEGAFX minimum deposit?


In order to start trading with AMEGAFX, you have to deposit at least 1 USD (trading accounts can also be held in USD, EUR).


�� what deposit and withdrawal methods AMEGAFX supports?


⚖️ would you recommend me choosing AMEGAFX?


We don’t have our own personal experience with AMEGAFX. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider. While there is a decent chance that AMEGAFX is not a scam, there is no reason to take the risk of trading trade with an unregulated broker, especially when considering there are hundreds of brokers regulated in the EU, australia, africa and the USA offering similar or even better trading conditions.


Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.


Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.



AMEGAFX.Com review


AMEGAFX is an unregulated forex broker. AMEGA FX offers the MT5 and MT4 forex trading top platform. AMEGAFX.Com offers over 25 forex currency pairs, cfds, futures, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.


AMEGAFX.com


November 2018 - march 2019: extremely large numbers of fake and highly suspicious positive reviews submitted for amegafx.


The FPA has received reports that amega FX is requiring users to submit reviews as part of a bonus scheme. This is illegal in many countries and is unethical everywhere. If you have any evidence regarding this review requirement, please CLICK HERE to submit it.


AMEGAFX.com


Broker details


established: 2017
address: marshall islands
contact: support@amegafx.Com
regional offices:
regulators:
prohibited countries:

deposit methods: airtel, beeline, BPAY, cashmaal, CBE (commercial bank of ethiopia), dohone, ecopayz, epay (epay.Com), express union, fastpay, jeton, ligdicash, LINE pay, M-birr, maestro, megafon, MTS, paydunya, payeer, perfectmoney, pipay, qiwi, siru mobile, sticpay, svyaznoy, TELE2, truemoney, unionpay, vcreditos

withdrawal methods: airtel, beeline, BPAY, cashmaal, CBE (commercial bank of ethiopia), dohone, ecopayz, epay (epay.Com), express union, fastpay, jeton, ligdicash, LINE pay, M-birr, maestro, megafon, MTS, paydunya, payeer, perfectmoney, pipay, qiwi, siru mobile, sticpay, svyaznoy, TELE2, truemoney, unionpay, vcreditos

Live discussion


Join live discussion of AMEGAFX.Com on our forum


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Let other traders know if this service is worth checking or should be avoided.


Traders reviews


Length of use: over 1 year


Length of use: over 1 year


I registered on this platform more than two years ago. Now I am really disappointed with them. Lately I have deposited more than 400 dollars on their platform and to my surprise it asks me for personal documents and my personal information. Even until now, my account remains unchecked on the pretext that I have not provided my bank statement. I ask them to fully reimburse the money they took. They tell me stupid things that have nothing to do with it. I don't want to work with them anymore since they are not credible.


Je suis inscrit sur cette plateforme il y'a plus de deux ans mais maintenant je suis vraiment déçu d'eux dernièrement j'ai déposé plus de 400 dollars sur leur plateforme et la surprise il me demande des documents personnels et mes informations personnelles et même bancaire.Jusqu'a présent mon compte reste non vérifier sous prétexte que je ne les ai pas fourni mon relevé bancaire.
Je leur demande de rembourser intégralement l'argent qu'ils ont pris ils me racontes des âneries qui n'ont rien avoir avec ça.Je ne veux plus travailler avec eux vu qu'il ne sont pas crédible..


Length of use: over 1 year


I won a prize on their amega invest and also deposited my own funds to the pamm account , 3 days later of trading i got an email that I had withdrawn my account and the account was removed from the pamm to be just a normal mt5 account and funds removed. When i emailed and follow up the story changed and it was no longer me who withdrawn , but they said they removed the funds cause i violated the rules and they couldnt respond to which rules exactly. Bottom line , prize was taken and no proper answers and on top of that i still suspect their security measures are not good.
But all in all i think they are very unprofessional in terms of handling peoples accounts and money . My pamm account is 1000087966. So i would actually rate them as scammers till they can prove their legitimacy


They keep sending one message in reply that the company decision cannot be reviewed. The i investigated someone using an IP in russia accessed our accounts in their website and yet they dont want to investigate that yet its their site and our accounts compromised and i am in south africa.


There verification need huge improvement!


The one who know how to tamper the images can add the background behind the image which may not look like scanned and its damn easy too. So saying/asking for scanned / photo copied document are not allowed is just worthless,better ask to take the selfie with ID card which can make more secure than just depending upon the copy or else do it like UPWORK do,have a verification call via skype with original documents.. .Will be best to go with.
If it really make any sense to you please adopt this approach and save the time of many . Like the way you wasted mine and your time as well. We can save the time of many and make some better business with right temperament. I hope you got what I mean here. Strick but with respect I am saying this.


Take care guys.
Best regards
amol khade


Length of use: 6-12 months


Length of use: over 1 year


I opened the account more than 1 year ago. At first I had a suspicion, I believe I even came here to complain, because the comments seemed suspicious. For me it is the best broker that exists, even though I don't know the regulation and where it is based.
Cent account is certainly the best on the market, spread (0.3 - 1.0 pips). STP account execution is good too. It has the best competitions, with very well defined rules, where it gives people the opportunity to manage capital. And the best part, I had no problem withdrawing the capital I earned. 24 hours later the money is in my bank account (brazil) through astropay direct, no commission is charged and the currency conversion is accurate. AMEGA in addition, it has a forum where you can discuss with other users and customers. Only the support is a little weak, it is not 24 hours. AMEGA best broker, just need to be recognized.


Dec 13, 2018 - 1 star manipulators .. In no other brokerage there was this abrupt drop in GBPAUD. All others did not exceed 1.74800. My stop was at 1.74548 and closed at 1.74448.


Dec 10, 2018 - no rating I opened my account recently, however I am only operating for the bonus granted, so I can not make an evaluation. As for the execution of orders, it is excellent, without slippage, low spread. I found it very strange was in "allforexbonus.Com" where I discovered amega, my comment was never published, it was a comment like this, just saying that I was a new customer and would evaluate after completing the conditions of the bonus and try to withdraw from it. Another issue was that I missed the date of birth, sent the documents and asked them to change, no one came in contact and did not change, strange, because no brokerage this goes unnoticed. I'm going to open a micro account with $ 5 and see what it does. If I succeed in the negotiations and withdraw, I come back here to evaluate. I hope the bonuses are still there to negotiate kkkkkkk


*if they really are even trusted, it will surely be the best broker.



Amegafx review


Amegafx is an unregulated trading broker with a limited amount of trading instruments, no educational materials to assist traders, no social trading platforms integrated and no standalone trading tools to compliment those built into the provided trading platforms. They also do not cater to traders in many countries including the UK and USA. They do however offer PAMM accounts for investors and money managers as well as the popular metatrader 4 and metatrader 5 platforms.


Amegafx review, pros & cons


  • Unregulated broker

  • Limited trading instruments

  • No educational materials

  • No standalone trading tools

  • Do not cater to clients in the UK, USA & many other countries


In this detailed amegafx review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.


Amegafx is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including amegafx.


Amegafx review: summary


Amegafx is a true non dealing desk (NDD) and straight through processing (STP) broker. Traders can get direct access to the global financial markets including forex, cfds, indices, metals, energies, commodities and more. The broker aggregates quotes from tier-1 liquidity providers for competitively low spreads starting from 0 pips. They allow all trading strategies and offer a choice of user-friendly trading platforms, including the highly popular metatrader platform.


Founded in 2017 in the marshall islands, the broker has won a few industry awards including global brands best new forex brand 2018. Despite this, we would avoid this brokerage at all costs due to the fact that they are not regulated. We would prefer to use one of our best trading brokers who have strict regulations from the FCA, ASIC and cysec.


AmegaFX Review: Broker Awards


Amegafx review: broker awards


Amegafx review: regulation


Amegafx is an offshore trading broker that is not regulated which is a huge red flag for us. We would avoid using an unregulated broker.


Amegafx review: countries


Amegafx does not render electronic trading services to the residents of the republic of seychelles, the EU (austria, belgium, bulgaria, UK, hungary, germany, greece, denmark, ireland, spain, italy, cyprus, latvia, lithuania, luxembourg, malta, netherlands, poland, portugal, romania, slovakia, slovenia, france, finland, croatia, czech republic, sweden, estonia), australia, canada, japan, the USA and several other countries.


Some amegafx broker features and products mentioned within this amegafx review may not be available to traders from specific countries due to legal restrictions.


If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.


Amegafx review: trading platforms


Amegafx offer a choice between the popular metatrader 4 (MT4) and metatrader 5 (MT5) platforms. These are both user friendly with an abundance of built in trading tools for market analysis. Metatrader can be used directly in most modern web browsers without requiring any downloads or software installations. It is also available as a desktop platform (windows/MAC) and for mobile devices (ios/android).


Metatrader 4


AmegaFX Review: MT4 Trading Platform


Amegafx review: MT4 trading platform


MT4 is perhaps the most popular trading platform today, used by millions of traders around the globe and provided by most online brokerages as an option for trading online. It gives amegafx traders the opportunity to use a wide variety of expert advisors (eas) for automated trading and a large number of indicators, as well as thousands of signals and strategies used by online traders.


MT4 key features include:



  • Real time price quotes in market watch window

  • Fully customisable user interface

  • Trading strategy templates

  • Multiple chart timeframes

  • Multiple order types

  • Technical indicators & graphical objects for chart analysis

  • Automated trading with expert advisors (eas)

  • MQL programming interface to create custom indicators, scripts & eas

  • Strategy tester to back test eas on historical data



Metatrader 5


AmegaFX Review: MT5 Trading Platform


Amegafx review: MT5 trading platform


MT5 is considered by some to be one of the most powerful trading platforms for all financial markets. It is similar to the well established MT4 although it has increased functionality and capabilities to add to the overall trading experience. The latest version of the trading platform gives amegafx clients the opportunity to trade several financial markets simultaneously. The all-in-one MT5 platform can be used to trade forex currencies, cfds, metals, commodities, etc, through a single trading account.


MT5 has the same key features as MT4 and also includes:



  • Level 2 depth of market (DOM) pricing

  • Additional timeframes

  • Additional order types

  • Additional technical indicators

  • Built in economic calendar

  • Multi-currency strategy tester



AMEGA invest PAMM system


AmegaFX Review: PAMM Investments


Amegafx review: PAMM investments


The amegafx invest PAMM system is useful for investors and strategy managers looking to increase their potential earnings. Investors can choose to follow managers accounts for a fee based on the performance. You can see historical performance but it should be strongly emphasised that past performance is by no means any guarantee of future results.


Amegafx review: trading tools


Unfortunately, amegafx do not offer any standalone trading tools. Clients have to make do with the trading tools built into the metatrader platforms which are available from any broker who offers metatrader.


Amegafx review: education


Disappointingly, amegafx do not offer any educational materials to teach new traders about the different markets, trading platforms, strategies, trading psychology, money management, etc. It would have been useful if they had some tutorial videos, trading guides and webinars to help traders. Despite that, they do offer some market news and analysis for traders to stay informed with the latest market happenings.


Technical analysis


AmegaFX Review: Technical Analysis


Amegafx review: technical analysis


The broker offers daily technical analysis on a limited selection of forex currency pairs. Each of the analysis contains an easy to understand detailed description and annotated screenshot to explain what the anticipated market movement is.


Economic events calendar


AmegaFX Review: Economic Events Calendar


Amegafx review: economic events calendar


The broker provides an economic calendar that you can use to keep up to date with the latest market events. You can get the latest economic news covering all relevant indicators, along with detailed explanations, data on upcoming publications from the US, UK, japan, and other major economies, projected volatility ratings, and much more.


Economic news feed


The economic news feed combines market news articles from leading news agencies. The news can be used to inspire possible trading ideas as part of a fundamental market analysis.


Amegafx review: trading instruments


Amegafx have over 100+ trading instruments including:



  • Forex currency pairs, including major, minor and exotic FX currency crosses

  • Indices

  • Metals

  • Energies

  • Commodities

  • Cfds

  • Cryptocurrency



Amegafx review: trading accounts & fees


Amegafx offer a variety of account types for differing trader requirements, mainly the platform they wish to use and trading conditions required. Leverage of up to 1:1000 is available. You should have a clear understanding of leverage and the risks involved before trading online with a leveraged account. The minimum deposit is $0 on all account types except for the PAMM which requires a $10 deposit.



  • Premium MT4

  • Premium MT5

  • Scalper MT4

  • Scalper MT5

  • Swap free MT5

  • Mini MT5

  • PAMM premium MT5



As broker fees can vary and change, there may be additional fees that are not listed in this amegafx review. It is imperative to ensure that you check and understand all of the latest information before you open an amegafx broker account for online trading.


Amegafx review: customer service


Amegafx customer service is available via email, phone and live chat. They can be reached weekdays 7am – 2pm UTC. The team typically replies in under 10 minutes via the live chat option on the amegafx website.


Amegafx review: deposit & withdrawal


Amegafx have a choice of over 200 payment options including bank transfer, debit/credit cards and online payment processors. No fees are charged for deposits or withdrawals but you should check any third-party fees that you may be charged from payment processors.


You can make deposits into your myamega wallet using any available method. For your convenience, you can choose available currencies and the most convenient methods in your region. For your myamega wallet the broker offers over 100 currencies to choose from. When registering on the amegafx website, choose your myamega wallet currency which suits you the best. This can help to minimise currency conversion and transaction fees.


AmegaFX Review: Trading Account Funding


Amegafx review: trading account funding


Amegafx review: account opening


Opening a trading account with amegafx is simple and all done online using the forms on the brokers website. You just need to complete the short sign-up form to gain access to all amegafx products and services. You will need to verify your account with a proof of identification and address in order to perform certain actions.


AmegaFX Review: Trading Account Opening


Amegafx review: trading account opening


Amegafx review: conclusion


Amegafx is a very limited broker in our opinion. The main thing they have going for them would be that they offer the metatrader platforms, PAMM accounts and a large selection of account funding options.


Other than that, the range of trading instruments are very limited, they offer no educational materials or standalone trading tools. There are no social trading platforms integrated. Most concerning is the lack of regulation. Many professionals would not trade with an unregulated broker. For alternative online brokerages, please see our best trading brokers.


Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.


Min $1 deposit


Amegafx is an unregulated trading broker with a limited amount of trading instruments, no educational materials, no social trading platforms & no standalone trading tools. They do however offer PAMM accounts & metatrader.



Amegafx review


Will send a newsletter once per week.


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.


Turkish lira rises as turkey-greece initiate resolution process for maritime boundaries


The turkish lira strengthened against its US peer to kick off the trading week, buoyed by reports that turkey and greece could soon resolve maritime…


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.


AUD/USD in consolidation around 0.7744


The australian versus the united states dollar currency pair seems to have hit the pause button for the climb, for it unfolds a consolidation phase. Long-term perspective the retracement…


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.


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The australian dollar was firm today, joining other commodity-related currencies in a rally, thanks to the positive market sentiment. The strongest currency on the forex market on monday was…


Broker info

Company name: amegafx review


Regulation: marshall island


Broker services

EURUSD spread: floating or fixed from 0,5


Funding methods: bank cards, wire transfer, e-wallets, cryptocurrency, cash, internet banking, etc.


Platform info

Trading platform: MT4, MT5


Mobile trading: ios/android


Amegafx review review


Forex broker amegafx provides different types of services offering its clients up-to-date trading platforms and investment opportunities. The company was established in 2017 and received several special awards in 2018. The company obtained the marshall island license.


How to get started with amegafx?


Before you are able to place your first order, you need to create an account. Amegafx offers seven types of accounts including:



  1. Premium MT5. This one is suitable for those traders who want to speculate via metatrader 5 trading platform.

  2. Premium MT4. The account was designed for metatrader 4 fans.

  3. Scalper MT5. As you may guess by the name, this type of account is created for those preferring scalping trading strategies (the basic trading platform is metatrader 5).

  4. Scalper MT4. This account is also for scalper traders but with metatrader 4 basic trading platform.

  5. Swapfree MT5. Here you can trade without any swaps, which is suitable for traders with mid- and longterm trading strategies.

  6. Mini MT5. Mini is designed for traders willing to work with smaller amounts (US cents).

  7. PAMM premium MT5. As yuo9 may guess, this account is for PAMM traders.



How to get started briefly? You need to do the following steps:



  1. Create your account (by choosing an appropriate one from the list we have mentioned above).

  2. Fund it via available payment methods.

  3. Download a suitable platform (or use a pre-set MT web terminal).

  4. Start trading.



Once you have created your account, you are able to start your trading activities. Before placing orders, you also need to invest. To do this, you may use any of the payment methods offered by the company.


Are there additional features that you may benefit from? Amegafx offers several promotion campaigns including a 100% welcome bonus and 50% each deposit bonus for traders. There are also a couple of deposit free programs that you may benefit from without investing a cent here.


Educational and affiliate program


Amegafx does not provide traders with any educational materials. As for the analytics, there is a news feed and market reviews section where you can find some useful forecasts and market opinions.


If you want to start investing via amegafx, you can pay attention to the PAMM service, offered by the broker. The idea here is to find one or several traders, to invest in them so that they trade and give a part of their earnings to investors. Choosing a managing trader has never been an easy task, but special detailed traders’ rating will help you to facilitate this procedure.


Amegafx provides clients with a very interesting affiliate program offering them CPA or revshare to choose. CPA is a form of partnership, allowing affiliates to get a fixed amount for each invited trader. Revshare is the opposite form of partnership with a certain share that an affiliate gets from each invited trader. Additionally, amegafx holds different contests with large prizes.


In case of any problems that a trader may face when trading with amegafx, you can find answers within a special help center section, which is a sort of FAQ for the clients covering a wide range of subjects including:



  1. Account issues.

  2. Trading conditions.

  3. Deposit/withdrawal.

  4. Questions about trading.

  5. Verification, etc.




Amegafx review



Since 2017, amegafx has been offering its clients forex and CFD trading via a selection of user-friendly trading platforms, including the very popular metatrader platform. They provide their clients with direct access to the global financial markets including forex, cfds, indices, metals, energies, commodities, and more. The broker operates a straight-through processing (STP) and non-dealing desk (NDD) brokerage model, and they allow all trading strategies, which is one of the reasons why they have won some industry awards, including the global brands best new forex brand in 2018.


AmegaFX Review - Broker Awards


Amegafx review – broker awards


Amegafx review introduction


In this amegafx review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.


You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including amegafx.


Amegafx platforms & tools


The broker offers their clients a choice between the popular metatrader 4 (MT4) and metatrader 5 (MT5) platforms. Both platforms are available as web trading terminals that run directly on modern web browsers like chrome, safari, firefox, and edge, and thus, require no downloading or installing. They are also available as desktop applications (windows/MAC) and mobile trading apps (ios and android), which can be downloaded from relevant app stores.


AmegaFX Review - MT4 Trading Platform


Amegafx review – MT4 trading platform


The MT4 helps amegafx traders to use a wide variety of expert advisors (eas) for automated trading, and it comes with many indicators and thousands of signals & strategies for online trading. The MT5 is similar to the MT4 but has an increased functionality — it allows traders to trade forex currencies, cfds, metals, and commodities through a single trading account.


AmegaFX Review - MT5 Trading Platform


Amegafx review – MT5 trading platform


There is also the amegafx invest PAMM system which can be used by investors and strategy managers. Investors can choose the manager to invest with.


AmegaFX Review - PAMM Investments


Amegafx review – PAMM investments


This brokerage does not offer any standalone trading tools, hence clients use the tools built into the metatrader platforms.


Amegafx research & education


AmegaFX Review - Economic Events Calendar


Amegafx review – economic events calendar

In order to make up for the absence of educational materials, webinars, or tutorial videos, this brokerage provides some market news, economic events calendar, and technical analysis for their traders to stay informed with the latest market happenings.


AmegaFX Review - Technical Analysis


Amegafx review – technical analysis


Amegafx trading accounts


Amegafx provide their traders with various account for varying trader requirements, they are;



  • Premium MT4

  • Premium MT5

  • Scalper MT4

  • Scalper MT5

  • Swap free MT5

  • Mini MT5

  • PAMM premium MT5



The minimum deposit is $0 on all account except the PAMM which require $10 deposit. Leverage of up to 1:1000 is available.


Amegafx account funding


The broker provides clients with a selection of over 200 payment options, including bank transfer, debit/credit cards, and online payment processors. There are no fees charged for deposits or withdrawals, however, traders are advised to check any third party fees chargeable from payment processors. Payments can be made into traders’ myamega wallet via any available method.


Amegafx customer service


Amegafx has an excellent customer service team that typically replies within 10 minutes via the live chat option on the website. They are also available via email & phone and can be reached on weekdays from 7 a.M. To 2 p.M.


Amegafx regulation


Amegafx being founded in the marshall islands is an offshore trading broker that is not regulated.


Amegafx review summary


Amegafx is an online trading broker that offers the meta trader platforms, PAMM accounts, and a large selection of account funding options.


It is worth mentioning that some of the trading products and services in this amegafx review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the amegafx broker website which you can visit by using the link below.


Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.


Amegafx


Spreads


Liquidity


Commissions


Support


Regulation


Features



  • PAMM account

  • Metatrader platforms

  • Large choice of account funding options

  • Over 100 tradable instruments


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Get my free forex robot!


Sign up now and receive instant access to my free forex robot download with over 40 technical indicators and 11 candlestick patterns built in. *please use a real email address as you will be sent the download link*


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All information on the forex geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. 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. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.



AMEGAFX review


In this review we compared AMEGAFX with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


Basic information from AMEGAFX review


About the broker


About trading with AMEGAFX


The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.


For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.


Random reviews of competing CFD brokers: streamsfx, myfastfx, capxm and terafx


Frequently asked questions


�� is AMEGAFX a scam?


We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if AMEGAFX is a scam or not.


�� how to open a free demo account?


Opening a demo account with AMEGAFX is very simple, just register on their website.


�� does AMEGAFX offer the best mobile app for trading?


AMEGAFX offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.


We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the AMEGAFX mobile app.


⚖️ would you recommend me AMEGAFX?


AMEGAFX is one of tens (possibly hundreds) of brokers operating in the european union, australia, new zealand, great britain and united states of america, and that's why it makes no sense to choose AMEGAFX as a broker where you trade before you compare it with competitors.


We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.


* the spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by IQ option - 84% of retail CFD accounts lose money - advertising partner.


That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.


If you have any experience with AMEGAFX, please share it in the comments to help others to choose the suitable broker.



Amegafx review 2021


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.


Amega brokerage company has been represented on the financial services market around the world for more than 10 years, this fact in itself already speaks of its stability. However, in the russian segment of the forex market, this broker became known only relatively recently – in 2017, immediately declaring itself to be a high-tech and modern broker, with a whole range of conditions attractive to traders and partners.



  • Start year:2015

  • Country of origin: marshall

  • Regulation:none

  • Payment options: cashu, credit/debit cards. Perfect money, skrill (moneybookers), wire transfer, crypto

  • Minimum account size:$50

  • Minimum lot size:0.1 lot

  • Leverage:1:1000

  • Spreads:1 pips on EUR/USD



Amegafx offers a variety of options trades: education, cent, standard, bessvopovye account. There are no restrictions on the size of the minimum deposit, which is especially important for beginners, often limited in the size of their trading account. In addition, a multi-level affiliate system allows you to additionally receive up to $ 16 from each lot. In the future and with minimal effort – this is your possible and constant passive income.


Amega broker is a reliable and modern company, cooperation with which is profitable and convenient both for beginners in their careers and for professionals who can appreciate the minimum costs and truly favorable trading conditions. High-quality long-term and daily analytics, the ability to open demo accounts, friendly and professional round-the-clock user support will quickly help new customers to get used to the complex, but exciting world of international finance.



Amegafx review 2021


AMEGAFX Review; Is it a Scam or Legit Broker (2021), amegafx review.


Amega brokerage company has been represented on the financial services market around the world for more than 10 years, this fact in itself already speaks of its stability. However, in the russian segment of the forex market, this broker became known only relatively recently – in 2017, immediately declaring itself to be a high-tech and modern broker, with a whole range of conditions attractive to traders and partners.



  • Start year:2015

  • Country of origin: marshall

  • Regulation:none

  • Payment options: cashu, credit/debit cards. Perfect money, skrill (moneybookers), wire transfer, crypto

  • Minimum account size:$50

  • Minimum lot size:0.1 lot

  • Leverage:1:1000

  • Spreads:1 pips on EUR/USD



Amegafx offers a variety of options trades: education, cent, standard, bessvopovye account. There are no restrictions on the size of the minimum deposit, which is especially important for beginners, often limited in the size of their trading account. In addition, a multi-level affiliate system allows you to additionally receive up to $ 16 from each lot. In the future and with minimal effort – this is your possible and constant passive income.


Amega broker is a reliable and modern company, cooperation with which is profitable and convenient both for beginners in their careers and for professionals who can appreciate the minimum costs and truly favorable trading conditions. High-quality long-term and daily analytics, the ability to open demo accounts, friendly and professional round-the-clock user support will quickly help new customers to get used to the complex, but exciting world of international finance.



Forex brokers lab


BROKERS with LOW SPREADS


ASIC REGULATED BROKERS


BROKERS with MINIMUM DEPOSIT


BEST FOREX BONUSES


amegafx review


Regulators :


Cryptocurrencies: YES


Minimum deposit: $0


Maximum leverage: 1:1000


Spreads: medium


My score: 2.6


Hello guys! In this article, I am going to handle amegafx. According to the website of the broker, amegafx.Com, the company behind the broker is amega ltd.


Amega ltd is located in trust company complex, ajeltake road, ajeltake island, majuro, marshall islands, MH96960.


Amegafx does not provide its services to traders from european union countries, USA, australia, canada, japan, and may not render services to traders of some other countries.


In this amegafx review, you can find all the answers to these questions: is amegafx scam or good forex broker? What are the account types of the broker? What are the trading conditions such as spreads, leverage, and minimum deposit? Is there amegafx no deposit bonus? Is amegafx regulated?


Regulation of amegafx


The website of the broker claims that amegafx registered by the office of the registrar of corporations, republic of the marshall islands.


As you can see, amegafx is an offshore forex broker and not regulated by any regulator. It means you should be away from this broker.


As many brokers who service offshore zones, generally don’t have any regulation and if you choose to invest in such a company, you might just lose your money.


Because of this, I always recommend you to trade with reliable brokers who are regulated by reputable watchdogs such as the UK’s FCA, the australian securities and investments commission (ASIC) or the cyprus securities and exchange commission (cysec).


Both FCA and cysec require licensed brokers to hold at least €730 000 as proof of financial stability and to keep client funds must be held in segregated accounts.


Also, they require regulated companies to report to the commission on a regularly. However, ASIC requires licensed brokers to hold at least $1M.


Account types and spreads


Amegafx offers its clients various account types. These are ECN, premium, scalper, mini, and PAMM. There is also a swap-free (islamic) account type for muslim traders.


amega account types


There is no minimum deposit for account types except PAMM account. Minimum deposit for PAMM account is just $10.


ECN account’ spreads are floating from 0 pips. Maximum leverage for this account type is 1:100. There is a fee from 0.001% ($1 per lot.)


Premium account type offers floating spreads from 0.5 pips. Maximum leverage is 1:1000 and this is quite high. There is no any fee.


PAMM account type’ spreads floating from 0.5 pips. Maximum leverage for this account type is 1:100 and the fee are not charged.


Trading platforms


Amegafx provides the most popular trading platform metatrader 4 and its new version metatrader 5. Metatrader 4 is still the most popular forex trading platform in the world.


MT4 enables amegafx’s traders to use a wide variety of trading advisors and a large number of indicators, as well as thousands of signals and strategies used by successful traders.


The new generation of metatrader 5 allows users to trade round the clock on several financial markets simultaneously. Use this all-in-one platform for trading in contracts for difference, metals, futures and forward contracts on forex and CFD.


You can use these platforms on your desktop, android or ios devices.


Trading instruments


You can trade with amegafx on currency pairs, indices, metals, CFD, crypto, etc. Amegafx offers its clients 40 currency pairs for trade, along with cfds on gold and silver.


I think the broker’s product portfolio rather limited, as popular trading instruments such as cfds on indices and stocks are missing.


Payment methods


I think this feature is the best for amegafx. Because the broker offers a wide range of deposit and withdrawal methods. These are credit card, bank wire transfer, webmoney, qiwi, yandex.Money, union pay, perfect money, epayments, bitcoin, litecoin.


The broker claims that it offers more than 200 of the most popular payment systems in the world. In addition, the broker also accepts 16 cryptocurrencies (bitcoin, ethereum, ripple, etc.).


Conclusion


Amegafx is an unregulated offshore forex broker. The broker’s website takes visitors from russia mainly. It provides MT4 & MT5 trading platforms.


There are a few elements of this broker’s offering that seem attractive, such as the platform, the high leverage levels and payment options offered; also, the fact that there is no initial deposit required, nor commission fees.


However, the product portfolio is very limited and its services are not available in many countries, including the US, australia, and all EU member states.


In a nutshell, although it has a few useful features that will make you trade with this broker, I recommend that you stay away from the broker because of its lack of regulation.





So, let's see, what we have: in this AMEGAFX review, we are going to take a look at the offer that this broker prepared for its traders. AMEGAFX operates on the financial market since 1995. When it comes to trading platforms, the broker features metatrader 5 and webtrader. The AMEGAFX minimum deposit is 1 USD.Basic information from this at amegafx review

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