
AGEA Fees Spreads and Commission vary according to the account type which the trader is using, AGEA spreads on EUR/USD start from 0,6 pips. AGEA doesn’t charge any account or deposit fees, while withdrawal fees are charged.
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 👈 |
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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 Fees and Spreads – A Key 10-Point Quick Overview
- ✅AGEA at a glance
- ✅AGEA Overview
- ✅AGEA Fees and Spreads
- Additional Trading Fees
- AGEA Broker Fees
- How to open an AGEA account
- Customer Reviews
- AGEA Fees and Spreads Pros and Cons
- Conclusion
- Frequently Asked Questions
AGEA Overview
AGEA is a Forex broker in Montenegro. Although AGEA International AD was established in 2005, it only ventured into the brokerage industry in April 2012, with little activity until March 2019. AGEA is a multi-asset broker offering the Streamster, AGEA. Trade and MetaTrader 4 online trading platforms. Streamster, its proprietary platform, is recommended for all new traders, as it is both easy to use and feature-rich.
AGEA Fees and Spreads
AGEA’s spreads on EUR/USD start from 0,6 pips. Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with AGEA are as follows:
💳 Spreads are charged on all assets and are the primary source of trading fees. |
💳 Spreads are tight and there are no commissions |
💳 Spreads at AGEA are around 0.6 pips on major forex pairs, such as EUR/USD. |
💳 Spreads start at 0.7 points on CFD indices such as the FTSE 100. |
💳 Spreads from 0.3 pips are available in gold and silver. |
Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day. AGEA does provide for an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned. AGEA overnight swap rates only apply to the MT4 trading platform. The other two platforms are marketed as free of interest charges.
AGEA Broker Fees
AGEA does not charge deposit fees but does charge inactivity fees of $20/ZAR320 per month if an account was dormant for longer than a year. AGEA charges $7, which is equivalent to the ZAR 112 withdrawal fee on the first withdrawal made through non-wire options, and a $10/R160 ZAR (at the time of writing) fee on withdrawals via bank wire transfer.
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
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 Fees and Spreads Pros and Cons
✔️ Pros | ❌ Cons |
Broker chat support within Streamster | Inactivity fee charged |
Choice of trading platforms, including MetaTrader 4 | Swap fees on MT4 |
Decent education & trading tools | Withdrawal fees charged |
Demo account with $10 000 virtual cash | |
No commission fees | |
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You might also like: AGEA Review
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 spreads can I expect with AGEA?
Spreads with AGEA starts at 0.6 pips on the major forex pairs such as USD/EUR, 0.7 pips on CFD indices and 0.3 pips on gold and silver.
What type of spreads does AGEA charge?
Overall, the spreads by AGEA is tight.
Does AGEA charge commission?
AGEA does not charge any commission fee.
Are there additional charges on the Islamic account?
AGEA may charge extra fees on Islamic accounts – are either in wider spreads, additional commissions, or administration fees to make up for money that they lose with not charging overnight fees.
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