AMEGA Broker Review (AMEGAFX) 2025

AMEGA was titled the Most Innovative Broker in Africa2024. The broker offers commission-free trading across 6 asset classes, including Forex and Stocks, through MT5 and AMEGA Android app platforms.

AMEGA (Company Introduction and Regulatory Status)

AMEGA Global Ltd is an investment company Founded in 2018 by the CEO Vadim Zhuravlev. The company is licensed and registered in the Republic of Mauritius and has partner companies in the UK and the Republic of Cyprus. Key features of AMEGA:

• Authorized and regulated bythe Financial Services Commission (FSC) in Mauritius (License number: GB22200548)
• Low-cost trading with a minimum trade size of only $1
• 0% commission
• Fast execution (10ms)
• Leverage options up to 1:1000
• Unlimited cashback

AMEGA Broker Specifications

To give you a clear picture of what AMEGA offers, here's a table summarizing the company’s key specifications.

AMEGA Trading Account Offerings

This Forex broker offers multiple acccounts to cater to various traders and trading strategies:

• Mini Account: Designed for beginners or small-scale traders, this account requires a low minimum deposit of just $10. It offers spreads from 0.0 pips with no commissions
• Premium Account: A standard account with tighter spreads starting from 0.4 pips and zero commission, ideal for mid-level traders
• Scalper Account: Built for high-frequency traders, this account features raw spreads from 0.0 pips and no commissions

Additionally, Amega offers a Swap-Free (Islamic) account option for traders adhering to Sharia law. All accounts are commission-free and support MetaTrader 5.

AMEGA Broker Pros and Cons

Some benefits of trading with AMEGA include access to a dedicated mobile app, an award-winning platform, and leverage offerings of up to1:1000.

To help you make an informed decision, let's examine the advantages and disadvantages of trading with AMEGA.

AMEGA Registration and KYC Verification

Creating a new trading account with AMEGA is easy and requires only three steps. AMEGA registration:

#1 Start Registration & Enter Personal Details

Visit Amega’s official site and click “Sign Up”. Fill in your country, full name, email, and set a secure password. Submit to create your account.

#2 Email & Profile Verification

Confirm your email via the link sent by Amega. Then, answer questions about your employment, income, tax residency, and any political exposure.

#3 Experience & Purpose Declaration

Provide your trading experience, financial knowledge, and specify your intended goal (e.g. investing or trading) to finalize registration.

#4 Verify Your Account

To complete AMEGA verification and access full trading features on your account, you must provide the following information and documents:

• Proof of identity: ID card, passport, driver's license
• Proof of address: Utility bill or bank statement

AMEGA Trading Platforms

Amega offers access to the industry-standard MetaTrader 4 and MetaTrader 5 platforms, as well as WebTrader for browser-based trading. Both MT4 and MT5 come equipped with core features such as:

• One-click execution
• Algorithmic trading via Expert Advisors (EAs)
• Integrated Autochartist and Trading Central
• Strategy builder for custom scripts
• Support for scalping strategies

While the platform suite meets most traders’ needs, Amega lacks proprietary software and does not support cTrader or TradingView integration. The broker also offers mobile apps for Android and iOS, enabling full

AMEGA Broker Fee Structure

Amega operates as a commission-free broker, with all trading costs incorporated into the spread. Typical spreads vary by asset class and account type:

• Forex: Spreads start at 0.8 pips on GBP/USD and 1.0 pips on EUR/USD
• Indices: Around 1.5 pips on S&P 500 and 2.1 pips on FTSE 100
• Other instruments, like stocks and commodities, carry variable spreads based on market volatility

There are no additional trading commissions across any account type. However, traders should note the presence of a $5 monthly inactivity fee, which activates after 30 consecutive days of no trading activity.

What Payment Methods Are Available on AMEGA?

The primary Amega deposit and withdrawal methods include Bank Card, e-wallet, and crypto. While the broker charges no fees for funding and payouts, carriers may charge their own rates.

• Bank Cards: Visa and MasterCard
• E-Wallets: Perfect Money, Skrill, Neteller, and SticPay
• Bank Transfers: Wire transfers and local bank transfers (availability may vary by country)
• Cryptocurrencies: Bitcoin, Ethereum, and other major cryptocurrencies (through crypto-to-fiat conversion)
• Mobile Money: Available in Africa
• QR Code Payments: Available in Vietnam and Thailand

Ig you want to cash out funds using one of the best available methods on this broker, check the Amega Tether TRC20 withdrawal guide.

Does AMEGA Offer Copy Trading and Investment Plans?

As of the latest information, AMEGA does not offer copy trading services or pre-packaged investment plans. However, they have removed all restrictions regarding trading strategies, including Hedging, Scalping, Copy trading, and EAs.

AMEGA Broker Financial Instruments

The company offers a diverse range of financial instruments, allowing traders to access multiple markets through a single account.

• Forex: Major, minor, and exotic currency pairs with leverage up to 1:1000;
• Indices: Ten of the most popular global indices, including ASX200, CAC40, DAX40, and SPX500, with a 1:50 fixed leverage option;
• Metals: Trade 4 precious metals (Gold, Silver, Palladium, Platinum) against the US Dollar with a fixed leverage option of 1:100;
• Energy: Trade Natural Gas, Brent, and WTI with a fixed leverage option of 1:50;
• Commodities: Seven of the most popular agricultural commodities like Cocoa, Coffee, Corn, Cotton, and Wheat with a fixed 1:30 leverage option;
• Stocks: Buy and sell shares of the world’s industry giants, such as Apple, Boeing, eBay, and Alphabet, with a 1:10 fixed leverage option.

Cryptocurrency CFDs are available through Amega Markets LLC, the broker’s unregulated offshore entity. While the overall instrument list is broad enough for most retail traders, it remains more limited than that of multi-asset brokers with ETF, bond, or options access.

Bonus Offerings

Promotions are among the most attractive topics of the AMEGA review. While the broker doesn’t offer traditional bonuses like deposit and welcome gifts, it has a comprehensive partnership program alongside a rebate plan.

• Cashback: $1 cashback per lot traded with no limitations
• Affiliate: A CPA (up to $600 per active referred client) and RS ($20 per lot) based commission structure for referring new clients

How to Reach AMEGA Customer Support

The company boasts its 24/7 customer support, which is available in over 10 languages. While AMEGA claims that it has live chat support, the option isn’t available on its website.

Red Flag Countries on AMEGA

The company has restrictions on providing services to residents of certain countries due to regulatory requirements or geopolitical considerations. Prohibited countries on AMEGA broker:

• The United States of America
• North Korea
• Iran
• Mauritius
• Russian Federation

AMEGA Trust Scores

User satisfaction is the most important topic in this AMEGA review. Trust scores and user reviews can provide valuable insights into a broker's reputation and performance.

Does AMEGA Broker Provide Educational Resources?

The company understands the importance of traders’ education and attempts to empower them by providing educational resources suitable for beginners and professionals through its Knowledge Hub.

• Trading Strategies
• Indicators Tutorials
• Chart Analysis
• Trading Glossary

AMEGA Broker in Comparison with Other Brokers

To better understand the quality of services in the Amega broker, we suggest checking the comparison table below:

Conclusion and Final Words

AMEGA allows for Forex trading (and 5 other asset classes) with a minimum trade size of $1. It supports Crypto, PerfectMoney, and Neteller payments. An unlimited rebate program with $1 cashback per traded lot and a great TrustPilot score of 4.1 are the main strengths in this AMEGA review.