View Original Version

AGEA

Information about AGEA Company

The company AGEA was founded in Montenegro. Its activities are regulated by the Capital Markets Commission of this country. Registration code on the Montenegrin Stock Exchange: ISIN MEAGEARA1PG8. Montenegro is a member of the EU, which imposes certain obligations on brokers and their regulators.

Website Information

The company’s website started operating in 2019. It is multilingual, however, the Russian translation needs improvement. Most documents on the website are presented in English.

Range of Trading Instruments

  • Forex
  • Indices
  • Commodity CFDs

Platforms and Accounts

AGEA offers a choice of two trading platforms:

  1. MetaTrader 4 — a popular development with its own MQL4 language, recommended for experienced traders.
  2. Streamster — AGEA’s proprietary platform, recommended for beginners, with the option of virtual and real trading.

Each platform offers different types of accounts.

For the Streamster platform, the conditions are as follows:

  • Leverage up to 1:100
  • Maximum cap of 1 million $
  • Possibility to open accounts in various currencies, including yen and Canadian and Australian dollars

On MetaTrader 4, two types of accounts are offered:

  • Cent account with a deposit from 6 to 5,000 $ and leverage up to 1:500.
  • Standard account with a deposit from 100 $, leverage up to 1:200, and no commissions.

Islamic Accounts

AGEA offers swap-free accounts for clients with religious beliefs. No swaps are charged for trading through the Streamster platform. However, overnight interest is charged on MT4.

Withdrawal of Funds

The company offers two methods of fund withdrawal with different commissions:

  1. Bank transfer with a $10 commission.
  2. Withdrawal through electronic payment systems with a $7 commission.

Requests are processed within 24 hours. There is no automatic withdrawal for security reasons.

AGEA Company Overview

AGEA operates within the law. However, a license from Montenegro may have less value than licenses from EU regulators. Technical support is provided exclusively online. There is some uncertainty due to the company’s limited market experience.

Back to top