AMEGA Broker Review (AMEGAFX) 2024

AMEGA offers commission-free trading on a wide range of financial instruments across 6 different asset classes, from Forex to Stocks. But what are other conditions for trading these markets on AMEGA broker?

We’ll explore the account types, fee structure, trading platforms, company background, regulation, payment methods, cashback program, and many more in this AMEGA review.

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 by the 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

The broker keeps things simple by offering a single, universal account type known as the ONE Account. This streamlined approach allows traders to access all available markets and instruments without juggling multiple account types. Key features of the AMEGA ONE Account:

AMEGA Registration and KYC Verification

Opening an account with AMEGA is a straightforward process designed to get you trading quickly while ensuring compliance with regulatory requirements. The broker implements a mandatory KYC procedure that gives you access to live accounts.

1. Visit the broker’s website at “https://www.amega.finance/”;
2. Click "Sign Up";
3. Fill out the registration form;
4. Verify your email address;
5. Complete a questionnaire (10 questions to assess your trading experience);
6. Upload proof of identity (Passport or residence permit) and proof of address (bank statement or recent utility bill).

AMEGA Trading Platforms

The trading platform is the next subject that we discuss in this AMEGA review. The broker provides access to the popular MetaTrader 5 (MT5) platform and a proprietary mobile app (only Android) for on-the-go trading.

AMEGA Broker Fee Structure

The company boasts Zero-commission trading as one of its best advantages. The fee structure on AMEGA mainly consists of spreads, which are variable based on the asset classes.

The company also charges swap rates for overnight positions and a $5 dormant fee after 180 days of inactivity and every 30 days beyond.

What Payment Methods Are Available on AMEGA?

The company provides 3 main payment options, including Bank Card, e-Wallet, and Crypto, for its global clientele. While the broker charges no fees for deposit/withdrawal, carriers may charge their own rates.

• Bank Cards: Visa and MasterCard;
• e-Wallets: Perfect Money, Skrill, Neteller, 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.

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 Bonus Offerings

Promotions are amongst 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.

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.

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;
• Conclusion and Final Words
• Trading Glossary.

Conclusion and Final Words

AMEGA provides access to various markets, including Forex, Stocks, Indices, and Commodities, with no commissions and industry-average spreads from 0.1 pips.

AMEGA broker provide these services through the robust MT5 platform alongside a comprehensive proprietary mobile app. Share your thoughts about the AMEGA review in the comments.