AGEA

Editorial Rating:
3.64
Accept US Traders:
No

Agea.com

Specialising in “providing traders with high quality online trading services”, Agea.com was founded by a team of experienced traders and still manned by a dedicated team of financial specialists. Based in Montenegro and with offices situated in Europe, Asia and North America, Agea is now one of the largest Forex brokers in the world.

Agea.com’s Special FX:

Before a deposit has been made a user can earn a $5 reward at Agea. Just be registering their details they’ll be given a $5 bonus which can be used to trade with. One top of this, traders can earn extra cash by referring their friends. By encouraging aspiring traders to sign up through your unique link
Beyond Agea’s free comprehensive guide to Forex trading, users can earn $100 a month by becoming the top virtual trader on the Streamster platform. Known as the Agea Master, this offer is only open to those on the site’s demo platform which is largely free from professional traders, thus making it a great potential money maker for all FX beginners.

The Essentials:

Unlike some online FX brokers who only offer the MetaTrader 4 platform, Agea has taken note of the software’s somewhat daunting first impression and made Streamster available to its traders.
Although lacking in some of the more advanced features MT4 offers, Streamster is the perfect entry-level trading platform for novices. Compact and simple, this platform gives users access to FX accounts with a leverage of 1:100 and no commission or margin interest.

All trades are automatically executed with a 1 second delay and the software limits traders to a maximum of 50 concurrent open positions; thus limiting their potential for heavy losses. Moreover, all trading on the Streamster platform is carried out in USD, EUR, JPY, GBP, CHF, CAD, AUD currencies.

For more advanced users the MetaTrader 4 platform can be used and encompasses a similar range of options with an increased ability to execute more open trades at a greater leverage. Indeed, all executions are carried out instantly and a user is permitted 200 open positions in USD, EUR, JPY, GBP, CHF, CAD, AUD currencies.

Once a user has established their trading platform there are three main account options on offer:

Standard Account: Minimum balance $100, Leverage from 1:1 - 1:200 (initially 1:100), 0 commission and trade sizes of between 1,000 - 2,000,000 lots.

Cent Account: With this account all balances and transactions are denominated in cents which allows a user to trade with smaller amounts. Balance limits on this account range from $10 to $5,000 and leverage points from 1:1 - 1:500 (initially 1:100). Trade sizes run from 1,000 to 500,000 lots and there is no commission charged on trades.

STP Account: With a Straight Through Processing (STP) account all orders are directly routed to Agea’s liquidity providers meaning better margins and currency rates. The minimum balance for this account must exceed $1,000. Leverage points range from 1:1 to 1:100 (initially 1:100) and trade sizes are between 1,000 and 2,000,000 lots. Commission is charged on this account at a rate of $2.



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