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Popularity popular broker
Leverage Up to 1:1000
Minimum Deposit $1
Regulation Not regulated
Payment Methods Bank Wire, Visa/MasterCard, Cryptocurrencies, Skrill, Neteller
Trading Assets Forex, Commodities, Indices, Cryptocurrencies
Spreads Extremely low
Average cost: EUR/USD 0.8 pips
Demo Account
Islamic Account
Copy Trading
Scalping Yes
EA/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Inactivity Fee No
Year Established 2017
Address First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines
Contact Information Email: [email protected], Phone: Not available
Mobile Trading APP Not Available
Rating ★★★★☆

Pros and Cons

  • Extremely low spreads enhance profitability
  • Support for both MT4 and MT5 platforms
  • Wide range of payment methods, including cryptocurrencies
  • Offers demo and Islamic accounts
  • High leverage options available up to 1:1000
  • Not regulated by any recognized financial authority
  • Limited educational resources for beginners
  • No mobile trading app available
  • Customer support lacks phone contact option
  • Limited asset classes compared to other brokers


Amega is an online Forex and CFD broker that has been gaining attention in the trading community for its wide range of trading instruments, competitive spreads, and flexible account types.

This review aims to provide an in-depth analysis of the broker, covering its trading platforms, account types, fees, regulation, customer service, and more, to help traders make an informed decision.

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Trading Platforms and Tools

MetaTrader 4 (MT4)

 MT4 is renowned for its advanced trading features, customizable charts, and extensive library of indicators and automated trading robots (EA).

Key Features:

  • User-friendly interface suitable for beginners and professionals
  • Advanced charting tools and technical indicators
  • Supports automated trading through Expert Advisors (EA)
  • Mobile trading apps for iOS and Android

MetaTrader 5 (MT5)

An upgrade to MT4, MT5 offers additional features such as more timeframes, technical indicators, and enhanced order management tools.

Key Features:

  • Depth of Market (DOM) access
  • Additional charting tools and technical indicators
  • Built-in economic calendar
  • Improved strategy tester for EA

Account Types

Amega offers different account types to suit the needs of different traders, from beginners to professionals.

Each account type comes with its set of conditions, including spreads, leverage, and minimum deposit requirements.

Account Type

Minimum Deposit






From 0.5 pips




From 0.1 pips




From 0.5 pips

  • Mini Account: Ideal for beginners, offering low minimum deposit and high leverage.
  • Premium Account: Designed for experienced traders, featuring tight spreads.
  • Swap-Free Account: An option for traders who require Islamic accounts, with no swap fees.
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Trading Instruments

Amega broker offers a wide range of trading instruments across various markets:

  • Forex: Access to major, minor, and exotic currency pairs.
  • Commodities: Trade precious metals like gold and silver, along with energy commodities such as oil.
  • Indices: Access to global equity markets through major indices.
  • Cryptocurrencies: Trade popular cryptocurrencies against the USD.

Fees and Spreads

One of its competitive advantages is its low fees and tight spreads, making it an attractive option for traders looking to minimize trading costs.

  • Forex: Spreads start from 0.5 pips for major currency pairs.
  • Commodities and Indices: Competitive spreads without additional commissions.
  • Cryptocurrencies: Transparent pricing with spreads from $1.


  • High leverage up to 1:1000, allowing traders to control large positions with a small amount of capital.
  • Risk Warning: High leverage increases the risk of trading. It’s important for traders to use leverage wisely and manage their risk accordingly.

Regulation and Safety of Funds

  • Regulation: Currently, the company is not regulated by any major financial authority.
  • Safety Measures: Segregation of client funds in top-tier banks and SSL encryption for data protection.

Customer Support

  • 24/5 Customer Support: Accessible via live chat, email, and call-back service.
  • Languages: Support is available in multiple languages, catering to a global clientele.

Education and Resources

  • Educational Materials: Includes webinars, tutorials, and articles for traders of all levels.
  • Trading Tools: Economic calendar, market analysis, and trading signals.


Amega offers a comprehensive trading solution for traders looking for competitive spreads, a wide range of trading instruments, and flexible account types.

While the lack of regulatory oversight may be a concern for some, its commitment to safety and customer support helps in mitigating these concerns.

As with any broker, it’s important for traders to conduct their own due diligence and consider their trading needs and risk tolerance before opening an account.

Why Choose Amega?

  • Competitive Spreads and Low Fees: Maximizes trading profitability.
  • Flexible Account Types: Catering to a wide range of traders.
  • Comprehensive Trading Platforms: Access to MT4 and MT5.
  • Wide Range of Trading Instruments: Offers diversification opportunities.
  • Dedicated Customer Support: Ensures a seamless trading experience.
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User Reviews

“I’ve been trading with Amega for over a year, and I’m genuinely impressed by the low spreads, which really help in keeping my trading costs down. Their platform is robust and offers everything I require for my trading strategies. However, I do wish they offered more educational materials for advanced trading strategies.”
Emily Thompson
“The range of payment methods Amega accepts is quite impressive, making deposits and withdrawals seamless and straightforward. While the lack of a regulatory body is a concern, my experience has been positive, and their customer service has been responsive and helpful.”
Marcus Lee
“As a beginner, I found their platform user-friendly, and starting with a demo account helped me a lot. It’s a pity they don’t have more learning resources, but the low minimum deposit made it easy for me to start without a big commitment.”
Alicia Sanders
“I enjoy trading cryptocurrencies, and their offerings in this asset class are comprehensive. The absence of a mobile app is a downside, making it difficult to trade on the go. Nonetheless, their platform performance on desktop is stellar.”
David Kim
“I appreciate the Islamic account option, making it possible for me to trade according to my religious beliefs. Their customer support is decent, but I hope they can add a phone support option in the future for more direct communication.”
Sofia Patel

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Frequently Asked Questions (FAQ)

What is the minimum deposit?

The minimum deposit required to open an account is $1, making it accessible for traders of all levels.

Is Amega regulated?

No, it is not regulated by any recognized financial authority. This is an important consideration for traders looking for regulatory protection.

Does Amega offer a mobile trading app?

No, the broker does not currently offer a mobile trading app, which may be a disadvantage for traders who prefer to manage their trades on the go.

Can I trade cryptocurrencies?

Yes, Amega offers a wide range of cryptocurrency trading options, allowing traders to diversify their portfolio with digital assets.

Are there any fees for depositing or withdrawing funds?

Amega does not charge any fees for depositing or withdrawing funds, making financial transactions cost-effective for traders.

Does the broker offer demo accounts?

Yes, Amega provides demo accounts for traders to practice their strategies without risking real money.

What platforms does it support?

Amega supports both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, offering traders a choice of powerful trading platforms.


      Our experts

      This article has been written, edited and reviewed by the following members of our team:


      Feng Zhou

      Feng Zhou, a seasoned author and financial expert, boasts a diverse portfolio of articles recognized by prestigious publications such as Bloomberg, Global Asia, and BizLeaders. Graduating from the University of Hong Kong marked the inception of Mr. Zhou's journey into the financial sector. Initially delving into financial statement audits for both publicly traded and privately held clients, he honed his skills before furthering his education at Hong Kong Polytechnic University. During his tenure, Feng Zhou contributed significantly to the valuation of privately held businesses, engaged in forensic accounting, and provided litigation-related services. His professional trajectory also includes valuable experience at Nezu Asia Capital Management, a prominent hedge fund giant. Demonstrating entrepreneurial spirit, Feng Zhou founded a financial asset management company and frequently shares his expertise as a guest lecturer at various Chinese MBA programs. His prolific writing extends beyond traditional platforms, with articles featured in a range of industry events and publications, including FoxTrade, The MoneyShow, London Summit, and iFX EXPO. With a keen eye for market trends and a wealth of experience, Feng Zhou continues to be a prominent voice in the financial landscape.


      Sandro Pontedra

      Sandro Pontedra is the mastermind behind the insightful financial analysis and educational content that FoxTrade readers have come to rely on. With a rich academic background from Università di Bologna and the University of Milan, Sandro has built a career that spans across private wealth management and financial analysis, culminating in his role as Chief Accounting Officer for a prominent firm. An avid trader with over a decade of experience in the markets, Sandro combines his hands-on trading knowledge with a keen analytical mind, offering FoxTrade readers a unique blend of practical advice and in-depth market insights. His work, recognized by major financial publications, reflects his passion for finance and commitment to demystifying complex financial concepts. Sandro is dedicated to empowering readers with the knowledge and tools needed to navigate the financial markets confidently. Whether you're a seasoned investor or new to trading, his articles provide valuable insights into investment strategies, market analysis, and the future of finance and technology.


      Stephane Dubois

      Stephane Dubois stands at the forefront of financial analysis and industry expertise, driving innovation and insight across global markets. With a diverse academic background in International Relations and World Economy, coupled with practical experience spanning government projects and private sector endeavors across five continents, Stephane brings a wealth of knowledge and perspective to his role. As a senior editor at FoxTrade, Stephane oversees the publication of insightful content, ensuring that readers receive accurate and timely analysis to navigate the complexities of the financial world. His leadership and editorial guidance have been instrumental in shaping the platform into a trusted source of information for investors and traders alike. Beyond his editorial responsibilities, Stephane is revered as a leading analyst in the online broker industry. His insights have been instrumental in shaping strategies and decision-making for executives worldwide. Stephane's expertise isn't confined to the boardroom; he is also an esteemed business school professor, with an MBA from Columbia University and prior experience at Goldman Sachs. Stephane's impact extends beyond the confines of academia and corporate settings. He has spoken and moderated panels at prestigious events globally, earning citations from esteemed publications such as Finance Monthly, The Journal of Finance, and Financial Analysts Journal. His contributions to industry discussions cover a wide array of topics, from forex strategies to stock market catalysts, earning him recognition as a thought leader in the financial world.

      Last update: June 4, 2024