Agea Review

Agea review
Agea Fees Explained

• Agea withdrawal fees varies on payment method
• Agea does charge a fee for inactive accounts.
• Agea does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Agea Fees Compare Against Other Brokers

Agea review
Agea Minimum Deposit

Agea require a minimum desposit of 1 GBP/USD when opening an Agea trading account.

A minimum deposit is the minimum amount of money required by Agea to open a new online brokerage account with them.

Dont be scared off by brokers like Agea charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Agea review
Agea Withdrawal Fees

Agea withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Agea for example allow you to withdraw your funds to Credit Card, Skrill, Neteller, FasaPa, Electronic wallets (eWallets), Perfect Money, WebMoney, QIWI Wallet, Global Bank Wire transfer.

Agea review
Agea Inactivity Fees

Agea does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Agea review
Agea Desposit Fees

Agea does charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Agea review
Agea Commission Fees

Agea does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

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Trading on Agea web platforms and other applications

Agea also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See Agea's platforms

Agea review
Is the Agea Trading Platform Secure?

Agea safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Agea also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Agea.

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Agea Trading Platform Options

Once you have logged into your Agea account you will see the below trading platform options available to you.

Lets explore each of these trading platforms in detail and what options Agea gives you.

Agea Trading benefits :

• Low min deposit

Agea Trading Accounts Offered :

Below we give an overview on the account types that Agea offer. Whatever you are looking to trade the varying Agea account types will be able to provide you with what you need.

Can I try Agea before I buy?

Agea offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Losses can exceed deposits

Agea withdrawal and funding methods.

Please note that the list of Agea payment methods below depend on the Agea Entity and the Clients Country of Residence.

All available Agea payment methods available to you can be found in your Agea members area checked on the Agea website.

Agea offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Agea

Agea Payment Methods

• Agea accepts Credit Card
• Agea accepts Skrill
• Agea accepts Neteller
• Agea accepts FasaPa
• Agea accepts Electronic wallets (eWallets)
• Agea accepts Perfect Money
• Agea accepts WebMoney
• Agea accepts QIWI Wallet
• Agea accepts Global Bank Wire transfer

How can I start trading with Agea?

When opening a trading account with Agea, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Agea trading platforms here. You will need to provide some basic documentation to prove your identity as part of Agea onboarding and normal KYC identity checks. These checks are standard practice and help Agea provide a safe financial environment for their 10,000 users.

Losses can exceed deposits

Performing trades with Agea

Agea allow you to execute a minimum of trade of . This may vary depending on the account you open. Agea allow you to execute a maxium trade of .

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Agea

To trade effectively with Agea, it's important to get a have a good understanding of the Agea trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Agea and externally.

Agea offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Agea.

Take time to look around the Agea platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Agea

As part of our Agea review we review customer service options, response times and Agea trading platform problem resolution effectiveness.Agea support a limited number including .

Agea have a triple AAA grade support and customer service rating because they offer a wide range of languages, live chat, email and phone support.

Agea customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Your customer service experience with Agea has to be a positive one for you to effectively trade the financial markets on the Agea platform. Agea should make sure all of your questions are answered and your Agea platform issues solved. When a Agea customer has any queries regarding Agea the Agea customer support team should take these issues seriously and offer a quick and effective solution. Agea have a great client support team, which is why we have rated their customer service highly.

Livechat Support at Agea

Agea does not offer LiveChat Support.

Email Support at Agea

Agea does not offer Email Support.

Phone Support at Agea

Agea does not offer Phone Support.

See how Agea Support Compares Against Other Brokers

What you will need to open an account with Agea

As Agea is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Agea Brand may be different.

• A scanned colour copy of your passport, driving license or national ID
• A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Agea's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Agea you can visit the Agea trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.agea.com/ on February 22, 2021.

Agea review written by Andrew Blumer and Mark Hansen