Since 2017, Amegafx has been offering its clients forex and CFD trading via a selection of user-friendly trading platforms, including the very popular MetaTrader platform. They provide their clients with direct access to the global financial markets including forex, CFDs, indices, metals, energies, commodities, and more. The broker operates a straight-through processing (STP) and non-dealing desk (NDD) brokerage model, and they allow all trading strategies, which is one of the reasons why they have won some industry awards, including the Global Brands Best New Forex Brand in 2018.
Amegafx Review Introduction
In this Amegafx review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Amegafx.
Amegafx Platforms & Tools
The broker offers their clients a choice between the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Both platforms are available as web trading terminals that run directly on modern web browsers like Chrome, Safari, Firefox, and Edge, and thus, require no downloading or installing. They are also available as desktop applications (Windows/MAC) and mobile trading apps (iOS and Android), which can be downloaded from relevant app stores.
The MT4 helps Amegafx traders to use a wide variety of Expert Advisors (EAs) for automated trading, and it comes with many indicators and thousands of signals & strategies for online trading. The MT5 is similar to the MT4 but has an increased functionality — it allows traders to trade forex currencies, CFDs, metals, and commodities through a single trading account.
There is also the Amegafx Invest PAMM System which can be used by investors and strategy managers. Investors can choose the manager to invest with.
This brokerage does not offer any standalone trading tools, hence clients use the tools built into the MetaTrader platforms.
Amegafx Research & Education
In order to make up for the absence of educational materials, webinars, or tutorial videos, this brokerage provides some Market News, Economic events calendar, and Technical analysis for their traders to stay informed with the latest market happenings.
Amegafx Trading Accounts
Amegafx provide their traders with various account for varying Trader requirements, they are;
- Premium MT4
- Premium MT5
- Scalper MT4
- Scalper MT5
- Swap free MT5
- Mini MT5
- PAMM Premium MT5
The minimum deposit is $0 on all account except the PAMM which require $10 deposit. Leverage of up to 1:1000 is available.
Amegafx Account Funding
The broker provides clients with a selection of over 200 payment options, including bank transfer, debit/credit cards, and online payment processors. There are no fees charged for deposits or withdrawals, however, traders are advised to check any third party fees chargeable from payment processors. Payments can be made into traders’ MyAMEGA wallet via any available method.
Amegafx Customer Service
Amegafx has an excellent customer service team that typically replies within 10 minutes via the live chat option on the website. They are also available via email & phone and can be reached on weekdays from 7 a.m. to 2 p.m.
Amegafx being founded in the Marshall Islands is an offshore trading broker that is not regulated.
Amegafx Review Summary
Amegafx is an online trading broker that offers the Meta Trader platforms, PAMM accounts, and a large selection of account funding options.
It is worth mentioning that some of the trading products and services in this Amegafx review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Amegafx broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.