⚖️ 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
- 1 Our Opinion About Amega
- 2 Fund Safety
- 3 Key Features of Amega Forex Broker
- 4 Account Types Offered by Amega Forex Broker
- 5 Standard Account
- 6 Standard Bonus Account
- 7 Raw Account
- 8 Raw Bonus Account
- 9 Islamic Account
- 10 Islamic Bonus Account
- 11 Demo Account
- 12 Trading Assets
- 13 Trading Tools and Resources
- 14 Deposit and Withdrawal Methods
- 15 Amega Bonuses
- 16 Our Verdict
- 17 Amega Forex Broker Review FAQ
Our Opinion About Amega
Amega is a reputable online forex broker that has been serving Kenyan traders for years. With a strong focus on providing a secure, transparent, and user-friendly trading environment, Amega has quickly gained popularity among novice and experienced traders in Kenya.
One of Amega’s key strengths is its wide range of tradable instruments, which includes over 50 currency pairs, popular commodities, major stock indices, and top US shares. This diverse offering allows Kenyan traders to create well-balanced portfolios and seize opportunities across different markets.
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:
- Zero Commission: Amega offers commission-free trading, allowing Kenyan traders to keep more profits.
- Ultra-low Spreads: The Raw Account offers spreads starting from 0.0 pips, providing highly competitive trading conditions.
- High Leverage: With dynamic leverage up to 1:1000, Kenyan traders can amplify their potential returns while effectively managing risk.
- Instant Cashback: Amega offers 24/7 instant cashback, rewarding Kenyan traders for their trading activity.
- Fast Execution: With execution speeds of 0.1 seconds, Amega ensures that Kenyan traders can quickly take advantage of market opportunities.
Account Types Offered by Amega Forex Broker
Amega Forex Broker provides a range of account types tailored to suit Kenyan traders’ diverse needs and preferences. The broker offers six main account types: Standard, Standard Bonus, Raw, Raw Bonus, Islamic, and Islamic Bonus accounts. Additionally, Amega provides a Demo account for traders who wish to practice their skills in a risk-free environment.
Standard Account
The Standard account is the foundation of Amega’s offerings, providing access to a wide range of tradable CFD instruments such as currencies, stocks, indices, precious metals, oil, natural gas, and agricultural commodities. This account type is regulated by the Mauritius Financial Services Commission (FSC) under Investment Dealer License No. GB22200548.
Standard Bonus Account
The Standard Bonus account offers the same features as the Standard account but includes a deposit bonus of up to 150% of the original investment, depending on the amount deposited. To unlock the bonus, a minimum deposit of $20 is required.
Raw Account
The Raw account is an ECN account that provides direct access to hundreds of tradable assets in the forex, precious metals, and energy markets, all of which can be traded as CFDs. This account type boasts spreads starting from 0 pips. However, due to the low spreads, a small commission is charged for trading forex (0.0035% per side) and metals (0.002% per side). It is important to note that the Loyalty Program does not apply to the Raw account.
Raw Bonus Account
The Raw Bonus account combines the benefits of the Raw account with a deposit bonus of up to 150% of the original investment, depending on the amount deposited. A minimum deposit of $20 is required to unlock the bonus. Like the Raw account, the Raw Bonus account charges a small commission for trading forex (0.0035% per side) and metals (0.002% per side), and the Loyalty Program does not apply.
Islamic Account
The Islamic account is a swap-free account explicitly designed for Amega’s Muslim clients. This account type does not charge fees for leaving positions open overnight, adhering to Sharia principles.
Islamic Bonus Account
The Islamic Bonus account offers the same swap-free features as the Islamic account and a deposit bonus of up to 150% of the original investment, depending on the amount deposited. A minimum deposit of $20 is required to unlock the bonus.
Demo Account
Amega’s Demo account allows traders to practice their skills and test their strategies in a risk-free environment. The Demo account provides the same conditions as the Live account, enabling traders to gain valuable experience before transitioning to real money trading. Comparison of Amega Forex Broker Account Types
Account Type | Minimum Deposit | Spreads | Commission | Leverage | Trading Platforms |
Standard Account | $20 | Tight spreads | None | 1:1000 | MT4, MT5 |
Standard Bonus Account | $20 | Tight spreads | None | 1:1000 | MT4, MT5 |
Raw Account | $200 | From 0.0 pips | Forex: 0.0035% per side, Metals: 0.002% per side | Up to 1:1000 | MT4, MT5 |
Raw Bonus Account | $20 | From 0.0 pips | Forex: 0.0035% per side, Metals: 0.002% per side | Up to 1:1000 | MT4, MT5 |
Islamic Account | $20 | Competitive spreads | None | 1:1000 | MT4, MT5 |
Islamic Bonus Account | $20 | Competitive spreads | None | 1:1000 | MT4, MT5 |
Demo Account | N/A | Tight spreads | None | 1:1000 | MT4, MT5 |
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 |
Amega Bonuses
Amega Forex Broker offers attractive bonuses and promotions for Kenyan traders:
- Deposit Bonus: Get up to 150% bonus on your first deposit, boosting your trading capital.
- Loyalty Program: Enjoy exclusive benefits and rewards while trading with Amega.
- Mega Cashback: Receive $1 cashback for every traded lot, adding to your trading profits.
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 preferred 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 swap-free Islamic 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 for the Standard, Standard Bonus, and Islamic Accounts. This low minimum deposit makes forex trading accessible to a wide range of Kenyan traders, including those with limited capital.