General Information & Regulation
AMEGA is owned and operated by Amega Markets LLC, a company registered in Saint Vincent and the Grenadines. AMEGA is an unregulated broker as per its official website. AMEGA does not provide services for residents of the United States and the United Kingdom.
Market Instruments
Tradable financial instruments available on the AMEGA platform include forex currency pairs, metals, CFDs as well as some crypto currencies.
Minimum Deposit
AMEGA offers three trading accounts: Mini, Standard, and Premium, plus an Islamic account. Mini and Standard accounts requires no minimum initial deposit, and the Premium account requires an initial deposit of $100. However, we find the brokers decision reasonable, given the fact that it is not regulated.
Leverage
In terms of trading leverage, the maximum leverage level offered by this broker is relatively high, reaching up to 1:1000. Although leverage levels that high are a nice option, one must be careful and be sure to understand all the risks of margin trading.
Spreads & Commissions
AMEGA offers a commission-free environment. However, this broker calculates all its trading fees into spreads. The spreads in each accounts seems rather wide. The spread on the Mini account and Standard account is fixed, around 3 pips. The spread in the Premium is slightly narrower, starting from 0.5 pips.
Trading Platform Available
When it comes to trading platform available, AMEGA offers its services on MetaQuotes latest trading platform, the MetaTrader 5 (MT5). This is a solid multi-asset platform equipped with advanced trading features.
Deposit & Withdrawal
Amega supports more than 200 payment methods, including bank wire, credit/debit cards, electronic systems like Skrill, Neteller, Qiwi, Payeer, China UnionPay and many more. In addition, the broker also accepts 16 cryptocurrencies (Bitcoin, Ethereum, Monero, Bytecoin, etc.).
Customer Service
The Amega customer support team can be reached through emails and surprisingly live chat. Response will be available within one hour.
