Review of the AMEGA Broker’s Performance
AMEGA has only been operating as a dealing center for two years. Their main focus is on the post-Soviet market. Among traders, there are numerous local one-day companies that are created solely for the purpose of quick enrichment by attracting deposits. Should you trust this platform and use it for stable earnings? Let’s consider the positive and negative aspects, as well as discuss recommendations.
Broker Description and Advantages
The relatively young broker, AMEGA, already has certain experience. The website, which caters to Forex traders and offers CFDs, is just one of the projects of the company 1XCorp N.V., which previously used the franchise 1XFOREX. This raises certain doubts.
Reliable broker platforms rarely change their names. So why does AMEGA attract so few clients from wealthy countries? Trading restrictions for Europeans, Americans, Japanese, and residents of other developed countries indicate issues. Forex is a legal and proven investment field. If a broker cannot provide services to a wide range of clients from different countries, it raises questions.
The advantages of working with the broker include:
- a wide range of trading assets and CFD contracts;
- various methods of depositing and withdrawing funds;
- special offers and bonuses for users;
- low spreads and high leverage;
- the ability to use various types of orders;
- presence of Margin Call and Stop Out for client protection.
The trading platform provided by the broker is based on MetaTrader 5. While this is a positive aspect, most traders prefer educational materials and plugins for MetaTrader 4, which could be problematic for AMEGA users.
License and Regulation
In two years of operation, the company has not obtained the European CySEC license, which raises doubts about its reliability. The lack of regulation makes working with the platform unstable.
Information about the Amega Website
The website’s design meets Forex platform standards, but it is rather simple. Despite supporting 29 languages, limitations on trading in important markets make this resource inefficient for most clients.
The site header is standard, the layout is correct but unassuming. Apparently, the site is aimed at a Russian-speaking audience with the intention of attracting new clients.
Bonuses and Promotions
The company offers two bonus programs: the “We Will Help 100%” starter package and a 50% bonus on subsequent deposits. However, the bonus terms may not be favorable for clients.
Financial Instruments and Payment Methods
The broker offers a variety of financial instruments for client convenience. These include over 100 currencies for account opening, no broker commissions, various cryptocurrencies, and more.
Negative Aspects of the AMEGA Broker
Trading restrictions for many countries, questionable leverage, and bonus programs indicate the company’s unreliability. Customer reviews suggest issues with service and fund withdrawals.
Summary of AMEGA
The AMEGA broker is a dubious project targeting inexperienced traders with a limited lifespan. The insufficient transparency in the broker’s operations and fragmented information on the website do not inspire confidence. It is recommended to turn to proven and reliable broker platforms for successful investing.
