Advertising DisclosureWe're committed to the highest standards of editorial integrity. Still, it's crucial to recognize that some products we mention come from our partners.

Here's an insight into how we make money. While we strive to be comprehensive, the compensation we receive can influence the products, companies, or services we showcase and review. Not all available options may be featured on this page.
AGEA logo

AGEA Review

By:
Jitan Solanki
Updated: Nov 1, 2020

“AGEA offers the ability to trade on Currencies, Indexes, Commodities and Cryptos from the AGEA.Trade web-based platform offered in over 100 languages, Streamster and the MetaTrader 4 trading platform.”

AGEA International AD was founded in 2005 and is authorised and regulated by the Commission for Capital Markets of Montenegro and is a publicly-listed company on the Montenegro Stock Exchange. Brokers regulated here fall under the MiFID European regulations which means the broker segregated client funds from their own.

With AGEA, users can trade on more than 30+ Currencies, Indexes, Commodities and Cryptocurrencies on a variety of trading platforms. This includes the AGEA.Trade web-based platform which is available in over 100 languages, as well as the Streamster desktop platform and MetaTrader 4 trading platform. Users can also become an AGEA Affiliate where they can receive commissions for each live position a referral makes. 

The broker offers commission-free trading with only spreads payable on the Streamster and AGEA.Trade platforms, with additional swaps payable on the MetaTrader 4 platform and inactivity fees payable. Users can deposit funds commission-free with just a $1 minimum deposit to open a trading account. The broker also offers demo trading and Islamic swap-free accounts and an affiliate program. 

Pros: Cons:
  • European regulation.
  • AGEA.Trade platform web-based in 100+ languages.
  • Can also trade on MetaTrader 4.
  • Commission-free trading available.
  • Limited number of instruments to trade on.

 

AGEA Main Features

☑️ RegulationsSCMN (Montenegro)
🗺 Supported Languages
Afrikaans, Albanian, Arabic, Azerbaijani, Bengali, Bosnian, Brazilian, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Filipino, Finnish, French, Georgian, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malaysian, Multi-lingual, Norsk, Norwegian, Norwey, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tagalog, Taiwanese, Tamil, Thai, Turkish, Ukrainian, Urdu, Vietnamese
💰 ProductsCrypto, Futures, Currencies, ETFs, Indices, Commodities
💵 Min Deposit$1
💹 Max Leverage
1:100 (SCMN)
🖥 Trading Desk TypeMarket Maker
📊 Trading PlatformsAGEA.Trade, MT4, Streamster
💳 Deposit Options
Credit Card, FasaPay, Neteller, PayPal, Paytrust88, PerfectMoney, QIWI, Skrill, Webmoney, Wire Transfer
💳 Withdrawal Options
Credit Card, FasaPay, Neteller, PayPal, Paytrust88, PerfectMoney, QIWI, Skrill, Webmoney, Wire Transfer
🤴 Demo AccountYes
🗓 Foundation Year2005
🌎 Headquarters CountryMontenegro
Risk DisclosureCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

AGEA Full Review


Review sections


AGEA Video Review

Investor Protection & Regulations

“AGEA International AD is authorised and regulated by the Commission for Capital Markets of Montenegro.”

AGEA International AD is authorised and regulated by the Commission for Capital Markets of Montenegro, as confirmed on their register below:

The company is also listed as a public company on the Montenegro Stock Exchange. The regulatory jurisdiction of this broker falls under the legal framework of the Markets in Financial Instruments Directive (MiFID) and as such as segregated client funds from their own funds which are held at local and international banks.

AGEA does not accept clients from the United States.

Tradable Products

“AGEA offers users the ability to trade on 30+ financial instruments covering Currencies, Indexes, Commodities and Cryptocurrencies.”

AGEA offers users the ability to trade on 30+ financial instruments covering Currencies, Indexes, Commodities and Cryptocurrencies. Below is a list of just some of the available markets for trading:

Currencies Indexes Commodities
EURUSD Dow Jones Gold
USDCAD Nasdaq 100 US Oil
EURGBP S&P 500 Cryptocurrencies
AUDJPY FTSE 100 Bitcoin
GBPCHF DAX Ethereum
EURCAD CAC 40 Ripple

* Details regarding the available assets are taken from the AGEA website and trading platform and are correct at the time of this review.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the instrument being traded and account type opened but are covered further down this review.

Account Opening

“AGEA offers Standard and Cent trading accounts, Islamic swap-free accounts and demo trading accounts to trade via the AGEA.Trade and MetaTrader 4 trading platforms commission-free.”

AGEA offers Standard and Cent trading accounts, Islamic swap-free accounts and demo trading accounts to trade via the AGEA.Trade and MetaTrader 4 trading platforms commission-free. While details are vague on its website it does provide some information regarding the accounts for MetaTrader. 

The Standard Account has a minimum deposit balance of $100 and zero-commissions and leverage up to 1:100 depending on client categorisation. The Cent account is for balances and transactions denominated in cents with balance limits of USD 6 – 5,000, leverage up to 1:100 depending on client categorisation and commission-free trading.

Accounts can be funded in USD, EUR, GBP, CHF and can be managed from the Account Services page once users have gone through the application process and identity verification which includes proof of identity and proof of address. From this area, users can access trading platforms and deposit and withdrawal methods, as shown below:

Deposit & Withdrawals options

“AGEA offers a wide variety of deposit and withdrawal methods such as Credit Cards, Bank Transfer, Skrill, Neteller, Fasapay, PerfectMoney, WebMoney, QIWI and local banks in Malaysia, Indonesia, Thailand and Vietnam.”

AGEA offers a wide variety of deposit and withdrawal methods such as Credit Cards, Bank Transfer, Skrill, Neteller, Fasapay, PerfectMoney, WebMoney, QIWI and local banks in Malaysia, Indonesia, Thailand and Vietnam.

Deposits are commission-free. Some withdrawals are also commission-free and some are commission-based, as shown below:

Withdrawals by bank transfer have a $10 fee and there is a once-only $7 withdrawal fee by electronic money. There is also a $20 a year inactivity fee.

Web & Desktop Trading Platforms

“AGEA offers users the ability to trade on the web-based AGEA.Trade platform, desktop-based Streamster platform and the MetaTrader 4 trading platform as well.”

AGEA offers a variety of different trading platforms and includes:

  • AGEA.Trade which is a web-based trading platform that allows users to view different chart types and timeframes for the multi-asset class trading and is available in 100+ languages.
  • Streamster which is a desktop-based trading platform that allows for its own API and algorithmic trading features and includes a multi-channel chat to talk about markets.
  • MetaTrader 4 is a globally-recognised trading platform that allows for multi-asset class trading, customisable trading charts and access to the MetaTrader Market place.

A screenshot of the AGEA.Trade trading platform is shown below and is also covered in more detail in the video review.

Mobile Trading Platforms

“AGEA offers users the ability to access mobile trading on the go from its AGEA.Trade mobile trading app for Android and iOS systems.”

AGEA offers users the ability to access mobile trading on the go from the AGEA.Trade mobile trading app for both Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore.

The mobile trading apps offer the majority of the same features and functionality as the corresponding web-based platform which includes the ability to view real-time prices, trade on multiple asset classes and access technical analysis tools.

The AGEA.Trade mobile trading app is covered in more detail in the video review.

Trading Features

“AGEA does not provide any additional trading features other than already provided in its trading platform offering.”

Commissions & Spreads

“Trading with AGEA is commission-free with just spreads and swaps payable.”

Trading with AGEA is commission-free with just spreads payable on the Streamster and AGEA.Trade platform. Swaps are also payable on the MetaTrader 4 trading platform unless on an Islamic swap-free account.

While the broker does not provide a dedicated area to view spreads these can be found in the broker’s trading platform. Below is a screenshot of the AGEA.Trade platform during the US session showing the spread on EURUSD is 0.7 pips:

Bonus & Promotions

“AGEA offers a welcome bonus of $5 for those who go through the verification process.’’

AGEA offers a welcome bonus of $5 for those who go through the verification process to open a live account.

Customer Support

“AGEA offers customer support 24/5 in multiple languages via Live Chat, Email and an online Contact Us Form.”

AGEA offers customer support 24/5 in multiple languages via Live Chat and an online Contact Us Form. After logging into the Live Chat function we were greeted by an agent in a few seconds who provided instant feedback and good interactions, as shown below:

Contact Information:

Research

“AGEA provides trader research from its AGEA Blog and includes market analysis articles.”

AGEA provides trader research from its AGEA Blog and includes market analysis articles covering different topics such as fundamental news and technical analysis, as shown below:

Trader Education

“AGEA provides trader education through its Resources and Guides section which covers a variety of topics.’’

AGEA provides trader education through its Resources and Guides section which covers a variety of topics such as Introduction to Markets, Trading Techniques, Facts and an FAQ section, as shown below:

Trading Experience

“AGEA provides a simple trading offering to trade on 30+ financial instruments but on a variety of platforms with responsive customer service.”

From our observations, AGEA provides a simple trading offering to trade on more than 30+ financial instruments. While its website is vague in many areas the customer support function was responsive in our testing.

Users are able to trade commission-free on the AGEA.Trade web-based trading platform, the Streamster desktop platform and the MetaTrader 4 platform. Users can also access news and market analysis from the AGEA Blog.

FAQ

Is AGEA regulated?

Yes, by the Commission for Capital Markets of Montenegro.

Where is AGEA based?

AGEA headquarters is based at AGEA International AD, Business City, Arsenija Boljevića 2A, Podgorica, 81000 Montenegro.

How does AGEA make money?

AGEA makes money mainly through spreads and swaps on certain trading accounts, platforms and asset classes.

How do I deposit in AGEA account?

Funds can be deposited into a trading account via Credit Cards, Bank Transfer, Skrill, Neteller, Fasapay, PerfectMoney, WebMoney, QIWI and local banks in Malaysia, Indonesia, Thailand and Vietnam.

What is the min. deposit for AGEA?

The minimum deposit is 1 USD.

How do I withdraw money from AGEA?

Withdrawals can be made from AGEA via Credit Cards, Bank Transfer, Skrill, Neteller, Fasapay, PerfectMoney, WebMoney, QIWI and local banks in Malaysia, Indonesia, Thailand and Vietnam.

What is the max leverage in AGEA?

The maximum leverage offered by AGEA is 100:1.

How do I open an account with AGEA?

An account can be opened at the click of a button on the AGEA website and can be done in just a few steps.

Does AGEA use MetaTrader?

Yes, MetaTrader 4.

Conclusion

“AGEA offers the ability to trade on Currencies, Indexes, Commodities and Cryptos from the AGEA.Trade web-based platform offered in over 100 languages, Streamster and the MetaTrader 4 trading platform.”

AGEA International AD was founded in 2005 and is authorised and regulated by the Commission for Capital Markets of Montenegro and is a publicly-listed company on the Montenegro Stock Exchange. Brokers regulated here fall under the MiFID European regulations which means the broker segregated client funds from their own.

With AGEA, users can trade on more than 30+ Currencies, Indexes, Commodities and Cryptocurrencies on a variety of trading platforms. This includes the AGEA.Trade web-based platform which is available in over 100 languages, as well as the Streamster desktop platform and MetaTrader 4 trading platform.

The broker offers commission-free trading with only spreads payable on the Streamster and AGEA.Trade platforms, with additional swaps payable on the MetaTrader 4 platform and inactivity fees payable. Users can deposit funds commission-free with just a $1 minimum deposit to open a trading account. The broker also offers demo trading and Islamic swap-free accounts and an affiliate program.

  • Commission-free trading available.
  • Variety of trading platforms offered.
  • Responsive customer service 24/5.
  • Fee-free deposits.

See AGEA Full Information

Headquarters Country
Montenegro
Foundation Year
2005
Regulations
SCMN (Montenegro)
Publicly Traded
No
Number Of Employees
0-50
Trading Desk Type
Market Maker
Trading Platforms
AGEA.Trade, MT4, Streamster
Restricted Countries
United States
Supported Languages
Afrikaans, Albanian, Arabic, Azerbaijani, Bengali, Bosnian, Brazilian, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Filipino, Finnish, French, Georgian, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malaysian, Multi-lingual, Norsk, Norwegian, Norwey, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tagalog, Taiwanese, Tamil, Thai, Turkish, Ukrainian, Urdu, Vietnamese
Min Deposit
$1
Max Leverage
1:100 (SCMN)
Deposit Options
Credit Card, FasaPay, Neteller, PayPal, Paytrust88, PerfectMoney, QIWI, Skrill, Webmoney, Wire Transfer
Withdrawal Options
Credit Card, FasaPay, Neteller, PayPal, Paytrust88, PerfectMoney, QIWI, Skrill, Webmoney, Wire Transfer
Crypto
Bitcoin, Ethereum, Ripple
Products
Crypto, Futures, Currencies, ETFs, Indices, Commodities
Demo Account
Yes
OCO Orders
Yes
Offers Hedging
Yes
Automated Trading
No
API Trading
Yes
Guaranteed Stop Loss
Yes
Guaranteed Limit Orders
Yes
Guaranteed Fills / Liquidity
Yes
Economic calendar
Yes
Trading From Chart
Yes
One-Click Trading
Yes
Expert Advisor
No
Social Trading
No
Autochartist
No
Trading Signals
No
Platform Languages
Afrikaans, Albanian, Arabic, Azerbaijani, Bengali, Bosnian, Brazilian, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Filipino, Finnish, French, Georgian, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malaysian, Multi-lingual, Norsk, Norwegian, Norwey, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tagalog, Taiwanese, Tamil, Thai, Turkish, Ukrainian, Urdu, Vietnamese
24 Hours Support
Yes
Support During Weekends
No
Live Chat
Yes
Daily Market Commentary
Yes
News (Top-Tier Sources)
Yes
Webinars
No
Deposit Fee
No
Withdrawal Fee
No
Inactivity Fee
No

About the Author

Jitan SolankiWookiee of Wit

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

Why you can trust FX Empire

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Why you can trust FX Empire

FXEmpire was founded in 2011, making us one of the first forex broker review sites. You can trust FXEmpire because of our thorough and unbiased review process. With over a decade of experience, we have a team of industry experts who conduct rigorous tests to ensure our reviews are accurate and unbiased. Our reviews are designed to bring clarity and confidence to the process of choosing a broker, and are based on objective criteria and measurable data. Our editorial team is composed of trading industry professionals and seasoned financial journalists, who ensure that our reviews are accurate and unbiased. Additionally, our review system is based on 9 core categories and over 250 distinct variables, which ensures that all aspects of a broker are considered before giving a final rating. So, you can trust FXEmpire to provide you with honest and informative reviews that will help you make an informed decision on which broker will best enable you to reach your financial goals.
Trading of financial instruments involves substantial risks, including complete possible loss of principal plus other losses and is not suitable for all members of the public. You should make an independent judgment as to whether trading is appropriate for you in light of your financial condition, investment experience, risk tolerance, and other relevant factors. We have taken reasonable measures to ensure accuracy of the content on this web site, however, we do not guarantee its accuracy, and will not accept liability for any damage, losses or lost profits which may arise directly or indirectly from the content or your inability to access this web site, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this web site. The content on this web site is subject to change at any time without notice. Not all services are available in all areas.