Last update: 4 May 2021
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Non-recommended broker
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AGEA review

4 May 2021


This review was written on the 18th of April 2017.

This broker was not featured in our 2024 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.

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An international finance company that specialises in offering traders a high quality online trading service, AGEA consists of a team of technical support personnel and financial specialists who operate all over the world via a number of online trading platforms. The multinational team have many years of experience in the industry and promote a culture of integrity, responsiveness to customer needs and initiative. AGEA uses advanced technology an stays up to date with innovation to offer its clients a reliable, flexible and effective trading environment. Their professionally managed network data centres guarantee maximum uptime for their service which results in 24 hour access to their services. AGEA (or Agea Junrong DOO) is incorporated in the Republic of Montenegro and its services are compliant with the MiFID, an EU law which ensures harmonised regulation for all financial services across the EU member states.

Does AGEA Offer Multiple Trading Account Types?

AGEA offers several types of trading account to suit the needs of many investors. Registrations can be completed online for speedy acceptance and a quick start to trading. All of AGEA’s accounts are Sharia Law compliant as they have a zero interest policy on open positions with no accrual of overnight interest when trading via the default trading platform. The available accounts include:

agea

Bonus

No

Regulation

Yes

Mobile

No

Instruments

Forex, Commodities, Indices

Website

www.agea.com
Not Verified

Standard Account

  • Balance Limit $100
  • Leverage between 1:1 and 1:200
  • No commissions
  • Trade size between 1,000 and 1,000,000

Cent Account

  • Balance Limit between $6 and $5000
  • Leverage between 1:1 and 1:500
  • No commissions
  • Trade size between 1,000 and 1,000,000

STP Account

  • Balance limit $1,000
  • Leverage between 1:1 and 1:100
  • $2 commission on Forex and $10 on commodities
  • Trade size between 1,000 and 1,000,000

AGEA’s Trading Platform Choice

AGEA’s services are offered via a number of different trading platforms. These include:

Streamster
This platform is user friendly and is compact, being an ideal choice for beginner investors. Yet despite its ease of use, it is still a powerful platform with many unique features. These include:

  • Multi-channel international chat
  • Real time customer support
  • Virtual and live trading desks
  • Integrated account centre for administrative purposes
  • CFD, Commodity, Index and Forex trading supported
  • Trading hours between 22:15 Sunday until 21:00 Friday
  • Leverages of up to 1:100
  • No commissions
  • Zero margin interest
  • Automatic execution
  • Trade size between 1 and 300,000
  • Maximum 50 open positions per desk type
  • Maximum volume limit of $300,000
  • Accounts available in any of the following currencies: USD, JPY, EUR, GBP, AUD, CAD, CHF

MetaTrader 4
This reliable, programmable and advanced trading platform is ideal for professional investors. Providing all of the essential resources and tools for analysing price dynamics, performing trade transactions and creating automated trading programmes, MT4 is one of the world’s most popular interfaces. There are numerous chart timeframes and in-built indicators which can simplify analysis, define shapes, identify exit and extra points and determine trends. The MQL4 programming language can be used to make custom scripts and indicators for algorithmic trading. Its features include:

  • Forex, Indices, CFDs and commodities available for trading
  • Trading hours between 22:15 Sunday and 21:00 Friday
  • Automatic trade execution
  • Maximum 200 open positions
  • No volume limits
  • Accounts available in USD, EUR, CHF and GBP

MetaTrader 5
This platform is designed to trade equities and derivatives via one single account. This high performance platform has super fast trade executions, more time frames and chart types, an increased number of execution modes and order types as well as lots of analytical tools. The MQL5 programming language used also introduces several improved features.

Which Payment Options Does AGEA Offer?

There are many payment methods offered by AGEA including the following:

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  • Epay – an email based payment service, this allows the client to diversify their payment options with a choice of both traditional methods like bank wire transfer and electronic systems such as WebMoney
  • Bank wire transfer – this cost effective method allows clients to transfer large sums from anywhere in the world.
  • Credit card
  • UnionPay – this accepts debit card from 18 Chinese national banks
  • FasaPay – this safe and rapid online method allows money transfers with no need for a credit card
  • Skrill
  • Neteller
  • PerfectMoney
  • WebMoney
  • QIWI Wallet
  • Payza
  • RBK Money
  • DixiPay
  • E-Dinar

How to Contact the AGEA Support Team

AGEA’s customer support team for their financial services can only be contacted via the broker’s sophisticated online facility. While the most reliable and swiftest way to obtain assistance and resolution to any problems is to use the AGEA Live Support button which can be accessed via the home page, it is also possible to contact the customer service team via telephone and fax. Numbers can be found for each of the broker’s offices on the About AGEA section of the website. It is also possible to contact the corporate offices by regular mail or by email by completing the online web form which can be found on the website. There is a Support option available through the client Account Centre which enables customers to receive rapid and efficient support. Customers who speak languages other than English are also well provided for on the AGEA website as it is available in a number of different languages including Spanish, Malaysian, Chinese and Indonesian.

AGEA has a lot to offer potential investors including a good range of tradable assets and a choice of trading account types to suit the varying needs of different levels of trader. This broker also offers an impressive array of withdrawal and deposit options to suit the preferences of every client and their customer service is speedy and easy to access. With a number of trading platforms to choose from, it is also possible to find the perfect interface to suit each individual level of skill, from the user friendly, simplistic Streamster platform to the specialist MetaTrader 5 which is ideal for derivatives and equities trading.
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