Yes, AGEA offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. AGEA practices forex trading in a 100% risk-free environment.
AGEA at a glance
| Broker's Name | AGEA |
| 📍 Headquartered | Montenegro |
| 📅 Year Founded | 2005 |
| ⚖️ Regulating Authorities | Montenegrin Commission for Capital |
| 🌐 Countries not accepted for trade | United States, Korea, Syria |
| 📒 Account Types | Streamster Account Standard MT4 Account AGEA Trade Account |
| ☪️ Islamic Account (Swap Free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:100 |
| 💰 Minimum Deposit | 1 USD/ZAR16 |
| 💰 Sign Up Bonus | $5/ZAR80 |
| 💳 Deposit Options | Bank wires, credit/debit cards, UnionPay, FasaPay, Skrill, Neteller, PerfectMoney, WebMoney, QIWI, Payza, RBK Money, DixiPay, E-Dinar, Epay, Alipay, and local bank transfers in Malaysia, Indonesia, Thailand, and Vietnam. Withdrawal options Bank wires, credit/debit cards, UnionPay, FasaPay, Skrill, Neteller, PerfectMoney, WebMoney, QIWI, Payza, RBK Money, |
| 💳 Withdrawal Options | DixiPay, E-Dinar, Epay, Alipay, and local bank transfers in Malaysia, Indonesia, Thailand, and Vietnam. |
| 💻 Platform(s) provided | Streamster, MT4 and AGEA.Trade platforms |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 📈 Tradable Assets | Currencies, Index CFDs, Funds, Commodities and Cryptocurrencies Languages supported on the website Afrikaans, Albanian, Amharic, Arabic, Armenian, Azerbaijani, Basque, Bengali/Bangla, Bulgarian, Burmese, Byelorussian, Catalan, Chinese, Corsican, Croatian, Czech, Danish, Dutch, English |
| 👨💼 Languages supported on Website | Estonian, Finnish, French, Frisian, Galician, Georgian, German, Greek, Gujarati, Hausa, Hebrew, Hindi, Hungarian, Icelandic, Indonesian, Irish, Italian, Japanese, Javanese, Kannada, Kazakh, Korean, Kurdish, Laothian, Latvian/Lettish, Lithuanian, Macedonian, Malagasy, Malay, Malayalam, Maltese, Maori, Marathi, Mongolian, Nepali, Norwegian, Pashto/Pushto, Persian, Polish, Portuguese, Punjabi, Romanian, Russian, Samoan, Scots/Gaelic, Serbian, Sesotho, Shona, Sindhi, Singhalese, Slovak, Slovenian, Somali, Spanish, Sundanese, Swahili, Swedish, Tajik, Tamil, Tegulu, Thai, Turkish, Ukrainian, Urdu, Uzbek, Vietnamese, Welsh, Xhosa, Yiddish, Yoruba, Zulu |
| 👥 Customer Support Languages | Chinese, English, Hungarian, Indonesian, Malay, Portuguese and Urdu |
| 📆 Customer Service Hours | 24/5 |
| 📝AGEA License No: | ISIN code MEAGEARA1PG8 |
| 📌Open an account | 👉 Click Here 👈 |
|---|
Min Deposit
USD 1
Regulators
MSC
Trading Platform
MT4, Streamster, AGEA.Trade platforms
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AGEA Demo Account – A Key 9 Point Quick Overview
- ✅AGEA at a glance
- ✅Who is AGEA?
- ✅How to set up an AGEA Demo Account – Step by Step
- ✅How to open an AGEA account
- Customer Reviews
- AGEA Demo Account Features
- AGEA Demo Account Pros and Cons
- Conclusion
- Frequently Asked Questions
Who is AGEA?
According to research in South Africa AGEA is an international financial company based in Podgorica, Montenegro, and specializes in providing traders with online trading services. AGEA operates globally through a team of dedicated financial specialists and technical support personnel.
AGEA claims to be dedicated to continuous technical innovation and the advancement of its services in an effective and reliable trading environment. AGEA was founded in March 2019 by veterans that had have been operating since 2005. The company is publicly listed on the Montenegro Stock Exchange.
How to set up an AGEA Demo Account – Step by Step
AGEA offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. AGEA practices forex trading in a 100% risk-free environment.
To register for, and set up a demo account with AGEA, traders must visit the website and follow the simple steps. AGEA’s demo account comes with $10 000 in virtual capital. Access to the demo account will be available for as long as traders need it and if funds fall below $2 000, which is equivalent to ZAR32 000 at the time of writing, traders have the option of requesting more.
Upon request, the practice account can be kept open until traders feel ready to use a real-money trading account.
How to open an AGEA account
📒 Step 1 – Navigate to the AGEA website
Navigate to the AGEA website and select trade now to start opening an AGEA trading account.
📒 Step 2 – Fill out your personal information
Similar to a bank, to register a forex trading account with AGEA for the first time, you will be required to go through a basic “know your customer” process, which will allow AGEA to ascertain your submitted details and ensure the safety of your funds and account details.
Fill out your name, email, username, last name, country of residence, and accept the terms and conditions.
📒 Step 3 – With AGEA the online account opening process entails a standard operating procedure for the brokerage industry. New traders will have to submit a copy of their ID and a proof of residency document to satisfy KYC/AML procedures.
Customer Reviews
Good quality and good job – Eimutis Javtokas
good service no problems – Mr james fairweather
instant uncomplicated easy to understand service will reccommand to family and friends- Elizabeth Gray
AGEA Demo Account Features
AGEA’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
| 🔍 Account | Demo Account |
| 📊 Platforms | MT4 |
| 💰 Vitural currency | $10 000 in virtual cash |
| 📌Open an account | 👉 Click Here |
Min Deposit
USD 1
Regulators
MSC
Trading Platform
MT4, Streamster, AGEA.Trade platforms
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AGEA Demo Account Pros and Cons
| ✔️ Pros | ❌ Cons |
| Broker chat support within Streamster | Inactivity fee |
| Decent education and trading tools | Swap fees on MT4 |
| Demo Accounts are available with $10 000 virtual cash | Withdrawal fees |
| No commission fees | |
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Conclusion
AGEA is a very young broker company that is regulated by the Montenegrin Commission for Capital Markets, the successor to the Securities and Exchange Commission of Montenegro. AGEA complies with the Financial Instruments Directive 2014/65/EU or MiFID II but since Montenegro is not a member country of the EU, enforcement remains at the discretion of the Montenegro Securities and Exchange Commission
Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account as is offered by broker companies like AGEA is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features.
Does AGEA offer a demo account?
Yes. AGEA offers a demo account.
Can I convert my demo account to a live trading account with AGEA?
This is not clear from the information on the company homepage.
Which live trading accounts does AGEA offer?
- Streamster Account
- Standard MT4 Account
- Cent MT4 Account
- Trade Account
Does AGEA offer an Islamic Account?
Yes. AGEA offers an Islamic account.
What are the available deposit currencies for a live trading account?
EUR and USD.
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