Amega
- Trust score
- 3/10
- Legal simplicity
- 3/10
- Min. deposit
- 1
- Payment systems
Features
- Daily market analysis
- Low minimum deposit
- PAMM investment service
- Islamic (swap-free) accounts
- Deposit replenishment bonuses
- ECN account options
- Scalping allowed
- Spread rebates
- No-deposit bonus
- Affiliate program
- Wide range of trading instruments
Pros
- $40 no-deposit bonus for new clients
- In-house PAMM account service for passive income
- Accounts can be funded with cryptocurrency
Cons
- No drawbacks were identified in this review
Updated:
Amega is an offshore forex and CFD broker founded in 2017 and based in Saint Vincent and the Grenadines. It is not regulated by any financial authority, but offers MT4 and MT5 trading with leverage up to 1:1000, a $1 minimum deposit, and account options including PAMM, Islamic, and ECN accounts. Traders can fund accounts by bank transfer, e-wallet, or cryptocurrency.
Amega is an offshore forex and CFD broker offering MT4/MT5 trading, a $1 minimum deposit, PAMM accounts, and cryptocurrency funding.
Amega is an offshore forex and CFD broker founded in 2017 and headquartered in Saint Vincent and the Grenadines. It is not regulated by any financial authority, which allows for high leverage and a simplified account-opening process, but means traders have no recourse to an independent compensation scheme if a dispute arises.
Regulation and safety
Amega operates as an unregulated offshore broker. There is no government regulatory oversight and no investor compensation scheme in place. Weigh this against the broker's low deposit threshold and high leverage before committing funds.
Trading platforms and account types
Amega supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with seven account types spread across the two platforms:
| Account | Platform | Spread | Commission | Notes |
|---|---|---|---|---|
| Mini | MT5 | From 0 points | None | Cent account for beginners |
| Standard | MT4 | From 0.8 points | None | Classic account |
| Standard | MT5 | From 0.8 points | None | MT5 equivalent of Standard |
| Scalper | MT4 | From 0 pips | $3 per lot | Built for scalping |
| Scalper | MT5 | From 0 points | $3 per lot | MT5 equivalent of Scalper |
| Premium | MT5 | From 0.4 points | None | $1,000 minimum deposit |
| SwapFree | MT5 | Fixed 3 points | None | Islamic (no-swap) account |
Amega also runs a PAMM service, letting experienced traders manage capital for investors in exchange for a share of the profits.
Trading instruments and leverage
The instrument range covers currency pairs, cryptocurrencies, stocks, stock indices, metals, and energy products. Maximum leverage reaches 1:1000 on major currency pairs.
Deposits and withdrawals
The minimum deposit is $1. Amega lists over 100 deposit methods depending on the trader's country, including bank transfer, e-wallets such as AstroPay and ecoPayz, and cryptocurrencies including Bitcoin, Litecoin, Dash, Ethereum, and Monero. Withdrawal fees are not specified.
Bonuses and promotions
Amega runs trading contests with cash prizes, deposit-replenishment bonuses, and a $40 no-deposit bonus for new clients.
Key facts
| Founded | 2017 |
|---|---|
| Headquarters | Saint Vincent and the Grenadines |
| Regulation | Not regulated |
| Platforms | MT4, MT5 |
| EUR/USD spread | From 0.8 pips |
| Minimum deposit | $1 |
| Base currencies | USD, EUR |
| Maximum leverage | 1:1000 |
| Demo account | Available |
| Islamic accounts | Available |
| PAMM accounts | Available |
| Scalping | Allowed |
| Support | 24/5 |
Amega suits traders who want a low entry threshold, high leverage, and cryptocurrency funding, and who accept the risks of trading with an unregulated offshore broker.
