Overall, AGEA can be summarised as a credible and trusted broker that is very competitive in terms of its trading fees (against major currency pairs). AGEA is a true brokerage specializing in Forex, CFDs, Commodities.
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 Review Revealed – A Key 17-Point Quick Overview
- ✅Who is AGEA?
- ✅AGEA Sign-up Bonus
- ✅AGEA Minimum Deposit
- AGEA Accounts
- How to open an AGEA account
- AGEA Demo Account
- AGEA Islamic Account
- AGEA Trading Platforms
- AGEA Fees and Spreads
- AGEA Deposit and Withdrawal
- Comparison of AGEA VS Other Brokers
- Customer Reviews
- AGEA Current Popularity Trend
- AGEA Review Pros and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
👉 AGEA International AD was already established in 2005, but in April 2012 it ventured into the brokerage industry with the limited activity until March 2019.
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.
AGEA Sign-up Bonus
AGEA does offer a bonus with sign-up. AGEA offers a $5/ZAR80 no deposit bonus for all new users who simply register for a new trading account. The funds will be automatically added to the account, with no deposit required.
AGEA Minimum Deposit
This minimum deposit amount was equivalent to 16 ZAR at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
| 🔍Broker | AGEA |
| 💳 Minimum Deposit | $1/ZAR16 |
| 💰 Commission | ✔Yes |
| 💰 Inactive fee | ✔Yes |
| 📌Open an account | 👉 Click Here |
AGEA Accounts
A forex account at AGEA is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
| 📒 Account Types | 📒 Streamster Account | 📒 Standard MT4 Account | 📒 Cent MT4 Account | 📒 AGEA Trade Account |
| 💰 Minimum Deposit | $1/R16 ZAR | $100/R1 600 ZAR | $6/ZAR96 | $1/R16 ZAR |
| 📉 Lot size | 0.01 | 0.01 | 0.01 | 0.01 |
| 📊 Leverage | 1:100 | 1:200 | 1:500 | 1:100 |
| 📌Open an account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
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.
AGEA Demo Account
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 |
AGEA Islamic Account
An Islamic Account can be a standalone account, an option on basic account types, or a dedicated account to be an Islamic or Swap Free account.
In many cases, like with AGEA, this is an option offered on different accounts.
| 🔍 Account | Islamic Account |
| 💰 Interest | Not Charged * consistent zero rollover interest |
| 💰 Commissions | no additional rollover commissions *contracts are held for longer than 24-hours. |
| 📌Open a Account | 👉 Click Here 👈 |
Islamic Accounts are usually provided by brokers who serve Middle Eastern clients along with clients from other jurisdictions and offer certain features that are in line with Sharia law, which prohibits the accrual of interest on funds deposited into the account.
Another important feature of an Islamic Account is that transactions must be settled immediately, requiring that currencies be transferred from one account to the other right after the transaction has been completed and therefore paid for in full.
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 Trading Platforms
The forex trading platform provided by AGEA to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
AGEA provides a proprietary Streamster and AGEA. Trade platforms, but the difference between the two is unclear.
Streamster seems to be the primary trading platform at AGEA, but with limited asset selection. It supports automated trading, is equipped with a charting package, and features chart trading. AGEA trade appears to have the same features, but no further information is provided.
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. |
Cost depends on different factors, like spread and margins, and AGEA clients may also experience different fee structures according to their country or place of residence.
AGEA Deposit and Withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.
Traders may choose between 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 to fund accounts.
Charges vary on the utilized payment option, but a $10/ZAR160 wire fee is charged. Online non-wire withdrawals are levied with a $7/ZAR 112 fee for the first withdrawal and payment processors may also charge a fee for their services rendered.
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
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
Comparison of AGEA VS Other Brokers
| 📈 Brokers | 🥇 AGEA | 🥇 BlackBull Markets | 🥇 FBS |
| 📃 Regulation | Caoital Markets, MiDID | Financial Markets Authority of New Zealand (FMA) and the Financial Services Authority of Seychelles (FSA). | IFCS |
| 💰 Minimum Deposit | $1/ ZAR16 | $200/ZAR3 200 | $1/ ZAR16 |
| 💰 Welcome Bonus | $5/ZAR80 | Refer friend for: $250/ZAR4000 | $140/R3 200 ZAR |
| ☪️️ Islamic Account | Yes | Yes | Yes |
| 📊 Leverage | 1:1000 | 1:500 | 1:3000 |
| 💰 Spreads | 0.6 pips | 0.0 pips | 3 pips |
| 💳 Demo trading | Yes | Yes | Yes |
| 📒 Account Types | Streamster, Standard MT4, Cant MT4, AGEA Trade account. | ECN Standard, ECN Prime, ECN Institutional, Active Trader. | Cent, Micro, Standard, Zero, Spread, ECN, and Crypto Account |
Customer Reviews
Good quality and good job – Eimutis Javtokas
good service no problems – Mr james fairweather
instant uncomplicated easy to understand service will recommend to family and friends- Elizabeth Gray
AGEA Current Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “AGEA” is entered into Google’s search engine over a given period of time.
AGEA Review Pros and Cons
| ✅ PROS | ❌ CONS |
| Founded by veterans in the industry | Not regulated by a reputable authority |
| In business since 2005 | Labelled as an offshore broker |
| Leverage of 1:100 | Limited choice of accounts |
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.
As a new broker, many of its website services are still lacking, but it may be worthwhile to try the services offered.
Disclaimer
AGEA warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors. Before deciding to trade with AGEA, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
AGEA warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence AGEA cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
You might also like: AGEA Account Types Overview
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Frequently Asked Questions
Is AGEA a fake or scam forex broker?
There is no evidence to suggest that AGEA is a fake or scam broker. AGEA is a regulated forex broker that has been in operation since 2005. While there have been some negative reviews from traders about their customer service and trading conditions, there have been no reports of major scams or fraudulent activities associated with AGEA.
What is the overall rating of AGEA out of 10?
The overall rating for AGEA is 7/10 and we base this on the variety of account types and trading platforms, including their proprietary Streamster platform and the popular MetaTrader 4 platform, low minimum deposits, making them accessible to beginner traders, and wide range of deposit and withdrawal options.
Is AGEA regulated?
Yes, AGEA is regulated by the Montenegro Securities Commission (MSC), which oversees their activities to ensure they comply with regulatory standards and guidelines.
Where is AGEA headquarters?
AGEA’s headquarters is located in Podgorica, Montenegro.
Does AGEA offer CFD trading?
Yes, AGEA does offer CFD trading.
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