| ⚖️ Regulation | Authorized and regulated in Mauritius |
| 💰 Minimum Deposit | $20 |
| 💳 Deposit Options | SticPay, Dusupay, Skrill, Neteller, OVO, Dana, Wire Transfers |
| 💳 Withdrawal Options | SticPay, Dusupay, Skrill, Neteller, OVO, Dana, Wire Transfers |
| 📌Open an account | Start Trading with Amega |
Contents
Our Opinion About Amega
Amega operates globally and stands out for its appealing trading features, particularly the option to trade without any commissions across various asset classes. This strategy has positioned Amega as a preferred platform among traders worldwide. However, it’s worth mentioning that Amega’s services are not available in certain countries such as the USA, North Korea and Iran. The broker provides trading conditions that cater to both experienced and beginner traders.
One aspect of Amega is its educational assistance offered through the Ideas Hub. While Amega doesn’t provide a traditional demo account traders have the opportunity to practice and gain experience by making low cost trades starting at just $1 directly in real markets. This hands on approach enables users to enhance their trading skills with minimal financial risk involved.
Amega offers one account type that combines the advantages usually seen in different accounts. This includes terms and competitive spreads making it a flexible option for a range of traders. Moreover, the platforms instant cashback program provides an added incentive by rewarding traders and enriching their overall trading journey.
Fund Safety
Amega uses several measures to protect client funds, such as keeping them in segregated accounts separate from the company’s operational funds and working with reputable banking institutions. The broker also uses advanced encryption technology to safeguard clients’ sensitive information and transactions.
As a responsible trader, conducting thorough due diligence and prioritizing transparency and regulatory compliance when choosing a forex broker is crucial. Always research and verify a broker’s regulatory information before opening an account and depositing funds.
Key Features of Amega Forex Broker
Amega Forex Broker offers a range of impressive features designed to cater to the needs of Kenyan traders:
- Trading Without Commissions: One of the things that sets Amega apart is its trading model, which lets traders make trades without any extra charges. This is especially attractive for those who want to keep their trading costs low while maximizing their potential profits.
- Variety of Assets: The platform provides an assortment of asset classes, giving traders the opportunity to spread out their investments across different markets. This variety helps traders explore investment options and manage risk more effectively.
- One Account Type: Amega streamlines the trading process by offering only one account type that combines the advantages of multiple accounts. This includes competitive spreads and conditions making it suitable for a range of traders.
- Cashback Loyalty Program: Amega’s cashback loyalty program is a feature that stands out as it gives traders instant cashback on their trades. This program encourages trading by providing real benefits with every transaction.
- Ideas Hub for Learning: Amega offers a range of educational materials through its Ideas Hub to help traders develop their skills. This resource offers insights into the market trading strategies and news to assist traders in making well informed choices.
- Amega Mobile App: The recently introduced Amega Mobile App improves accessibility enabling users to trade while on the move. It also provides access to the Ideas Hub market updates and complimentary trading signals.
Account Types Offered by Amega Forex Broker
Amega streamlines the trading process by offering a single account type that comes with features tailored to meet the needs of diverse traders. This strategy allows Amega to simplify its offerings, while still maintaining a highly competitive trading landscape.
One of the highlights of this account is its no commission policy which removes extra expenses that traders would usually face. This enables traders to concentrate on maximizing their profits without worrying about costs. Furthermore, the account ensures trade execution within 0.1 seconds, allowing traders to quickly enter and exit positions.
For those seeking to enhance their trading positions, Amega provides leverage up to 1:1000. While this high leverage offers potential big returns, it necessitates careful risk management due to increased exposure.
Amega offers a unique perk with its account by providing unlimited cashback rewards on trades. This continuous incentive brings added financial advantages to active trading, boosting the accounts overall worth. These features make Amega single account type flexible and beneficial, catering to both new and seasoned traders.
Trading Assets
Amega offers Kenyan traders access to a diverse range of trading instruments across multiple asset classes:
- Forex: Trade over 50 currency pairs, including major, minor, and exotic pairs.
- Commodities: Speculate on popular commodities such as cocoa, sugar, coffee, cotton, etc.
- Indices: Take positions on leading global indices, including NASDAQ, Dow Jones, and the S&P 500.
- Precious Metals: Expand your trading portfolio with precious gold, silver, and platinum.
- Energy: Trade on the most sought-after energy commodities, such as oil and gas.
- Shares: Invest in popular stocks like Amazon, Google, and Apple.
Trading Tools and Resources
Amega Forex Broker provides Kenyan traders with a comprehensive suite of trading tools and resources to support their trading journey. The broker offers a wide range of educational content, including video tutorials on trading basics and platform usage, webinars hosted by expert analysts, in-depth ebooks on forex strategies, and a trading glossary explaining key terms. These educational materials are designed to help traders of all levels improve their knowledge and skills in the forex market.
In addition to educational resources, Amega Forex Broker provides valuable tools for market analysis and decision-making. Traders can stay informed with daily market analysis, which offers insights into current market trends, potential opportunities, and risk factors. The economic calendar helps traders keep track of important events and data releases that may impact the forex market, enabling them to make well-timed trading decisions. Furthermore, Amega’s regularly updated trading blog provides many informative articles on various trading topics, strategies, and market insights.
Deposit and Withdrawal Methods
Amega Forex Broker offers Kenyan traders a range of convenient deposit and withdrawal methods:
| Deposit Methods | Processing Times | Fees |
| SticPay, Dusupay, Skrill, Neteller | Instant | There are no fees from Amega, but payment providers may charge |
| Online Naira, Perfect Money | Instant | There are no fees from Amega |
| Withdrawal Methods | Processing Times |
| SticPay, Dusupay, Skrill, Neteller | 1-2 business days |
| Online Naira, Perfect Money | 1-2 business days |
Mobile Accessibility
The newly released Amega App allows users to trade, stay updated on the market and access free signals all from their mobile devices. It also features the Ideas Hub providing traders with educational resources and market insights. While other brokers may offer additional trading resources, Amega provides sufficient tools for traders to navigate the markets effectively.
Amega Cashback Loyalty Program
Amega has a loyalty program that stands out with its unique bonus system focused on cashback. Instead of offering a range of bonuses like traditional brokers Amega rewards traders with instant cashback on their trades. This initiative aims to promote trading by providing users with a direct financial incentive. The more you trade the more cashback you earn, making it an appealing option for those seeking to optimize their trading profits.
Participating in this loyalty program is hassle free as cashback is automatically credited to the users account, after each trade. This not simplifies the bonus process, but also ensures that traders consistently reap the benefits of their involvement, with the platform. By emphasizing this single yet impactful bonus approach, Amega enriches the overall trading experience and offers tangible rewards to its users.
Our Verdict
After thoroughly reviewing Amega Forex Broker, we can confidently recommend this broker to Kenyan traders. Amega’s commitment to providing a secure, transparent, and user-friendly trading environment is evident in its zero-commission trading, ultra-low spreads, and fast execution speeds.
Kenyan traders can benefit from Amega’s wide range of tradable instruments, which includes over 50 currency pairs, popular commodities, major stock indices, and top global shares. The broker’s instant cashback and attractive bonuses further add to the value proposition for Kenyan traders.
Amega’s MetaTrader 4 and MetaTrader 5 platforms cater to the needs of both novice and experienced traders. They offer powerful charting tools, automated trading capabilities, and mobile apps for on-the-go trading. The broker’s 24/7 customer support team can assist Kenyan traders via live chat, phone, and email.
Ready to start trading with Amega Forex Broker Kenya? Sign up here.
Amega Forex Broker Review FAQ
Is Amega a good broker for Kenyan traders?
Yes, Amega is an excellent choice for Kenyan forex traders. The broker offers competitive spreads, high leverage, and a wide range of trading instruments. Amega’s user-friendly platforms, low minimum deposit, and convenient payment methods make forex trading accessible to Kenyan traders of all levels.
How do I open an account with Amega Forex Broker?
To open an account with Amega Forex Broker, visit their website and click the “Open an Account” button. Fill out the registration form with your details and choose your account type. You must complete the verification process by submitting proof of identity and address. Once your account is verified, you can fund it and start trading.
Does Amega offer Islamic accounts for Kenyan traders?
Yes, Amega offers a single account that complies with Sharia principles. This account type is designed for Kenyan traders who cannot pay or receive interest due to religious beliefs. The Islamic Account offers competitive spreads and leverages up to 1:1000.
What is the minimum deposit required to start trading with Amega?
The minimum deposit to start trading with Amega Forex Broker is just $20. This low minimum deposit makes forex trading accessible to a wide range of Kenyan traders, including those with limited capital.