Amega FX Broker Review 2020

General Information

Website URL: https://www.amegafx.com/

Founded: 2017

Regulation: n/a

Languages: 29+

Deposit Methods: credit cards, bank wire transfers, e-wallets

Minimum Deposit: n/a

Free Demo Account: yes

Types of Assets: CFDs, Forex, commodities, cryptocurrencies

Regulation

Amega FX has been focused mainly on the Russian market since it was first established back in 2017. However, now they are focusing on the European clients as well, which creates a question of its regulation. So far, Amega FX is an unregulated broker, with only a handful of information about the company that owns it, which is 1X Corp N.V. Other than that, there is no licencing information anywhere, which is quite disappointing.

Still, Amega’s secret in attracting so many new clients is the fact that it offers some of the most satisfying selection of trading assets, combined with the impeccable execution of just a few minutes. Also, Amega FX provides a lot of bonuses and promotions for trusted clients as well as the first-timers, being equally welcoming to all.

Trading Platform

Amega FX offers a pretty satisfying platform, with both MT4 and MT5 versions. It is easy to use and adjust to any device, and also allows you the opportunity to use different features and benefits when trading CFDs, Forex and other assets. The leverage is 1:1000, which is way more than the industry standard of 1:30.

The platform also offers you the latest trading tools including trading signals and latest in-depth market data, which help your trading journey to go as smoothly as possible. Also, you can enjoy many bonuses, including the welcome bonus of $100 on your first deposit, which you can use within the first 10 days of your trading.

Amega FX also does not exclude its valued customers, so they made sure to include them in the special offers and bonuses. This bonus includes 50% amount added to your next deposit.

Account Types

Amega FX offers no less than 7 different account types for its clients. They include a variety of benefits and features for both MT4 and MT5 users, which automatically doubles your chances for profits. The account types include:

  • Premium MT5

With the leverage of 1:1000, this account type is the highest of them all. It allows you to trade using all the available instrument, tools and other advantages of the premium account.

  • Premium MT4

Similarly to the one before, this account gives you the best from the MT4 platform, which is quite easy to use and adjustable to all devices.

  • Scalper MT5 and Scalper MT4

These accounts, adjustable to both MT5 and MT4 platform, are designed especially for the traders that like to indulge in the art of scalping as their favourite trading strategy.

  • Swap-free MT5, Mini MT5 and Pamm Premium MT5

These are all variations of the MT5 platform account types. Based on the amount of your deposit you can access each one to use special features and benefits.

Deposits and Withdrawals

Amega FX gives you by far the biggest amount of payment methods for your trading. That includes over 100 currency pairs, as well as the latest e-wallets including Skrill, Neteller and Bitcoin. For the traditional types, there is also the option of using credit and debit cards.

That’s not all! The company does not require a minimum for deposits or withdrawals, nor does it charge you additional fees or commissions for the processing of your request. The time for executions can go as quickly is a few minutes, which is pretty advanced.

Education

The educational section can be found under the tab market Analysis. Here, you can find a little bit about the latest market analytic tools, as well as trading news to keep you up to speed on everything that is going on.

The downside is that this section lacks a lot of the basics – from video tutorials to eBooks. Also, there is a clear lack of dedication in this part, since the sections don’t seem to be regularly updated at all.