Note: This company has been voluntarily dissolved.

Overview of AGEA

AGEA, a financial services company, has been operating in the trading industry for 5-10 years. Based in Montenegro, the company provides trading opportunities primarily through Contracts for Difference (CFDs). Despite its years in the industry, AGEA operates in an unregulated environment, meaning it may not be subject to oversight by financial regulatory authorities.

Traders can choose between two types of trading accounts: Standard and Cent. With a minimum deposit requirement of USD 100. The company offers a maximum leverage of 1:100.

AGEA provides traders with two trading platforms: Streamster and MetaTrader 4. Additionally, traders can access live support for real-time assistance with any inquiries or issues they may encounter.

In terms of funding options, AGEA supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, e-wallets, and local payment methods such as Sofort Banking (Germany) and iDEAL (Netherlands).

For educational resources, AGEA provides the latest news to keep traders informed about market developments and trends.

Regulatory Status

AGEA operates as an unregulated trading platform. Unregulated financial institutions are not bound by the rules and regulations designed to protect consumers' interests. This leaves customers vulnerable to various risks such as fraud, mismanagement of funds, and unfair treatment.

Pros and Cons

Pros:

1. Experienced Institution: With 5-10 years of industry experience, AGEA brings a solid foundation and understanding of the trading landscape.

2. Account Variety: AGEA offers a variety of account types, including Standard and Cent accounts.

3. Low Minimum Deposit: The minimum deposit requirement of USD 100 makes trading accessible to individuals with varying capital sizes.

4. Multiple Trading Platforms: AGEA provides traders with a choice of trading platforms, including Streamster and MetaTrader 4.

5. Different Deposit/Withdrawal Options: AGEA supports various deposit and withdrawal methods, including Bank Wire Transfer, Credit/Debit Cards, E-wallets, and Local Payment Methods, providing flexibility and convenience to traders.

Cons:

1. Unregulated: One significant drawback of AGEA is its unregulated status, consumer protection and the security of funds may be concerning.

2. Limited Educational Resources: AGEA may lack comprehensive educational resources to help traders improve their skills and knowledge, potentially hindering traders' ability to make informed decisions.

3. Higher Risk: The unregulated nature of AGEA introduces a higher level of risk for traders, as there may be fewer safeguards in place to ensure the stability and security of the financial institution.

4. Potential for Longer Dispute Resolution: Resolving disputes with AGEA may be more challenging and time-consuming due to the lack of regulatory oversight, leading to delays and frustrations for traders seeking resolution.

5. Limited Market Instruments: While AGEA offers CFD trading across various asset classes, it may have fewer market instruments compared to some other brokers, limiting trading opportunities for certain traders.

Market Instruments

AGEA offers Contract for Difference (CFD) instruments as part of its market offerings. CFDs are derivative financial products that allow traders to speculate on the price movements of various underlying assets, without actually owning the assets themselves.

With CFDs, traders can take positions on a wide range of financial instruments, including currencies, indices, commodities, and cryptocurrencies. This flexibility enables traders to diversify their portfolios and capitalize on market opportunities across different asset classes.

Account Types

AGEA offers two distinct account types: Standard and Cent.

For the Standard account, the minimum balance requirement is set at USD 100, ensuring accessibility for traders with varying capital levels. On the other hand, the Cent account presents a lower entry point with balances ranging from USD 6 to 5,000, ideal for those starting with smaller amounts.

Both account types share identical leverage options, ranging from 1:1 to 1:100, initially set at 1:100. This flexibility allows traders to adjust their positions relative to their capital, amplifying their potential gains or losses accordingly.

Neither account type imposes commissions, providing traders with a cost-effective trading environment. Additionally, trade sizes are consistent across both accounts, ranging from 1,000 to 100,000 units, enabling traders to execute trades according to their strategies and risk preferences.

How to Open an Account？

Opening an account with AGEA is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:

1. Visit the AGEA website and click “Open Account.”

2. Fill out the online application form: The form will request your personal information Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.

3. Fund your account: AGEA offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.

4. Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.

5. Start trading: Once your account is verified, you're ready to explore the AGEA trading platform and start making trades.

Service / Product Fees

1. Withdrawal by Wire Fee - $10.00: This fee is applicable when you make a withdrawal transaction through bank wire transfer. We charge $10.00 for each withdrawal processed via wire transfer.

2. Withdrawal by Electronic Money Fee - $7.00: For withdrawals processed through non-wire processors, such as electronic money services, we charge a fee of $7.00 per transaction.

3. Inactivity Fee (SUSPENDED) - $30.00 per Month: Please note that the Inactivity Fee of $30.00 per month, which applies for each 1-month period without account activity, is currently suspended. We'll notify you in advance if there are any changes to this policy.

Trading Platform

1. Streamster: Streamster is a user-friendly trading platform suitable for traders of all levels. Streamster stands out with its unique international multi-channel chat, allowing traders to discuss market trends and receive real-time customer support. It also seamlessly integrates live and virtual trading desks within a single account, ensuring consistency between demo and live trading experiences. With no balance limits or commissions, Streamster covers Crypto, Currency, Index, and Commodity CFDs, operating from Sunday 22:15 to Friday 21:00 GMT, and offers leverage ranging from 1:10 to 1:100.

2. MetaTrader 4 (MT4): MetaTrader 4 (MT4) is a customizable trading platform designed for proficient traders. It provides tools for price analysis, trade execution, and automated trading through Expert Advisors (EAs). MT4 offers various chart timeframes and built-in indicators for technical analysis. With its proprietary programming language, MQL4, traders can develop custom EAs tailored to their strategies. Supporting currency, index, and commodity CFDs, MT4 operates within the same trading hours as Streamster. Margin interest, execution types, and position limits vary between standard and cent accounts on MT4, providing flexibility for traders with different risk levels. Additionally, MT4 supports multiple account currencies, enhancing accessibility for global traders.

Deposit & Withdrawal

AGEA offers a range of deposit and withdrawal options including Bank Wire Transfer, Credit/Debit Cards, E-wallets, and Local Payment Methods such as Sofort Banking (Germany) and iDEAL (Netherlands).

1. Bank Wire Transfer: Traders can securely transfer funds to and from their AGEA accounts using bank wire transfers, providing a traditional and reliable method for depositing and withdrawing funds.

2. Credit/Debit Cards: AGEA accepts major credit and debit cards, offering a convenient and widely used method for instant deposits and withdrawals, facilitating seamless transactions for traders.

3. E-wallets: Traders can utilize various e-wallet services to deposit and withdraw funds from their AGEA accounts, providing a fast, secure, and convenient payment solution for managing their trading accounts.

4. Local Payment Methods (Sofort Banking and iDEAL): AGEA supports local payment methods such as Sofort Banking (Germany) and iDEAL (Netherlands).

Customer Support

Customer support at AGEA is comprehensive and easily accessible, ensuring traders receive assistance whenever needed.

Live Support: Traders can engage with AGEA's support team in real-time through the Live Support feature, allowing for immediate assistance with any inquiries or issues.

Phone Support: AGEA provides phone support through two contact numbers: +382 (20)664-320 and +382(20)664-320. Traders can directly reach out to speak with a representative for personalized assistance.

Email Support: For non-urgent inquiries or detailed requests, traders can contact AGEA's support team via email at support@agea.com. This allows for thorough communication and resolution of queries.

Educational Resources

AGEA offers valuable educational resources through its Latest News section, keeping traders informed about important developments and events. This section provides updates on various company announcements and actions, including notices to shareholders, invitations to general meetings, updates on voluntary dissolution procedures, and more.

By staying updated with the Latest News, traders can gain insights into the company's operations, corporate decisions, and regulatory compliance. This information can help traders make informed decisions and stay ahead of market trends.

Here are some examples of educational resources provided by AGEA through its Latest News section:

1. Notice to Shareholders on the Payment of Dividends: Traders can learn about dividend payments and their impact on the company's financial performance.

2. Invitation to General Meetings: Traders can stay informed about upcoming general meetings and participate in discussions regarding company matters.

3. Update on Voluntary Dissolution: Traders can understand the implications of voluntary dissolution procedures and how they may affect the company's future operations.

Conclusion

In conclusion, AGEA has its ups and downs:

On the positive side, AGEA has solid experience in trading, offering various account types and a low minimum deposit of USD 100, making it accessible to traders.

But there are drawbacks to consider. AGEA operates without regulation, which might worry some traders about the safety of their funds. Plus, their educational resources are limited, which could affect traders' success. The lack of regulation also means there's more risk involved, and resolving disputes may take longer.

FAQs

Question: What documents do I need to provide to verify my account？

Answer: To verify your account, you'll need to provide a copy of your identification document (such as a passport or driver's license) and proof of address (such as a utility bill or bank statement).

Question: What trading platforms does AGEA offer？

Answer: AGEA offers two main trading platforms: Streamster and MetaTrader 4 (MT4). Streamster is user-friendly and suitable for traders of all levels, while MT4 is more advanced and customizable, ideal for experienced traders.

Question: How can I deposit funds into my AGEA account？

Answer: You can deposit funds into your AGEA account using various methods, including bank wire transfer, credit/debit cards, e-wallets, and local payment methods such as Sofort Banking and iDEAL.

Question: What is the minimum deposit required to open an account？

Answer: The minimum deposit required to open an account with AGEA is USD 100. This ensures accessibility for traders with varying capital levels.

Question: Does AGEA offer educational resources for traders？

Answer: Yes, AGEA provides educational resources to help traders improve their skills and knowledge. These resources include articles, tutorials, webinars, and market analysis tools.

Question: How can I contact AGEA's customer support？

Answer: You can contact AGEA's customer support team through live chat, phone (+382 (20)664-320), or email (support@agea.com). Our support team is available to assist you with any inquiries or issues you may have.

Overview of Bell Potter Securities

Based in Australia, Bell Potter Securities is a full-service internet trading broker that offers a wide variety of financial instruments. They pioneered the e-commerce space when they launched in 2015 and have been at the forefront ever since. Currency, indices, metals, equities, and commodities are the primary areas of focus of Bell Potter Securities, which is home to a highly regarded and feature-rich trading platform.

Bell Potter Securities is a broker dedicated to empowering investors and traders with tailored financial solutions. It is a full-service internet trading broker. Since their 2015 inception, they've amassed a clientele of over 10,000 users. Bell Potter Securities currently holds a full license authorized by the Australian Securities and Investments Commission (license number: 243480). The minimum deposit to open an account is $5. Bell Potter Securities provides customer support to assist traders with various channels and traders can typically contact customer support through email or phone.

Is Bell potter a legit or a scam？

One of the main considerations in evaluating a brokerage, such as Bell Porter Securities, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors.

Instead, brokers operating under the supervision of regulators are bound by strict guidelines that prohibit them from manipulating market prices for their own benefit. Regulatory oversight ensures that brokers operate in an honest, fair, and transparent manner, protecting investors' deposits.

Established in 2015, and in operation for 8 years Bell Potter Securities Limited have a head office in Australia. Bell Potter Securities Limited are supervised by and is checked for conduct by the Australian Securities and Investments Commission (ASIC) regulatory bodies under license number 243480.

Bell Potter Securities Limited are held accountable for their actions and may face severe consequences if they violate any financial regulations. By partnering with a trustworthy broker like Bell Potter Securities Limited, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Bell Potter Securities Limited violate any regulatory rules their regulated status could be stripped.

Pros & Cons of Bell Potter

Some advantages and disadvantages of Bell Potter are clearly listed below:

Bell Potter offers several advantages as a regulated brokerage firm. Firstly, being regulated by ASIC (Australian Securities and Investments Commission) provides a level of assurance and protection for clients, ensuring that the company operates in compliance with industry standards and regulations. Additionally, Bell Potter offers competitive commissions for trading, allowing clients to execute trades at a reasonable cost. The brokerage also provides a diversified range of services, including access to various financial instruments, which enables clients to diversify their investment portfolios. Moreover, Bell Potter maintains tight spreads, which can benefit traders by reducing their trading costs.

However, there are a few drawbacks to consider. Bell Potter does not provide negative balance protection, meaning that in the event of significant market volatility, clients may be responsible for any losses beyond their initial investment. Another limitation is the absence of guaranteed stop-loss orders. Additionally, Bell Potter Securities imposes high withdrawal fees, which may be a consideration for clients who frequently need to access their funds. Finally, it's worth noting that Bell Potter Securities does not offer cryptocurrency trading, limiting the investment options available for those interested in digital assets.

Products & Services

Bell Potter Securities is a stockbroking firm, which provides a full service offering to retail, corporate, and institutional clients. The business comprises Retail Equities, Institutional Equities, International Equities, Equity Capital Markets, Portfolio Administration and Super Solutions, and Research. The foreign exchange service includes spot and forward foreign exchange, foreign currency options, tailored forwards, research and foreign currency accounts. Specific product information is as follows:

How to Open an Account？

To open an account with Bell Potter Securities, you can follow the steps outlined below:

1. Research and Gather Information: Before opening an account, it is essential to familiarize yourself with Bell Potter Securities and their services. Visit their official website or contact their customer service to gather information about the account types they offer, fees, requirements, and any specific documentation you may need to provide.

2. Contact Bell Potter Securities: Reach out to Bell Potter Securities through their customer service channels, which may include phone, email, or an online contact form. Request information about opening an account and express your interest in becoming a client. The customer service representatives will guide you through the process and provide any necessary forms or documents.3. Complete the Application: Bell Potter Securities will provide you with an account application form. Fill out the application accurately and provide all requested information. This typically includes personal details such as your name, contact information, date of birth, and tax identification number.

4. Submit Required Documents: Along with the application form, you will likely need to submit certain documents to verify your identity and comply with regulatory requirements. Commonly requested documents include a copy of your identification (such as a passport or driver's license), proof of address (e.g., utility bill or bank statement), and sometimes financial statements or employment information.

5. Review and Sign the Agreement: Carefully review all the terms and conditions, as well as any contractual agreements presented by Bell Potter Securities. Ensure you understand the rights, responsibilities, and obligations associated with opening an account. If you have any questions or concerns, seek clarification from the company's representatives before proceeding. Once satisfied, sign the necessary agreements.

6. Fund Your Account: To start trading or investing, you will need to fund your account. Bell Potter Securities will provide you with instructions on how to deposit funds into your account, which may include bank transfers or other accepted payment methods. Follow these instructions and transfer the desired amount to your newly opened account.

Minimum Deposit

In order to get started with Bell Potter Securities, a $5 minimum deposit is required. For a person just getting started, this is a reasonable sum. With more coordination, you can make deposits of greater complexity. Before investing a substantial sum of money, though, make sure you know how to maximize its potential.

Commissions & Fees

Brokerage firms like Bell Potter Securities Limited may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Bell Potter Securities Limited trading account level held by the trader.

Generally, Bell Potter Securities doesn't charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, such as weekly or daily trading.

Bell Potter Securities Limited may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Bell Potter Securities Limited terms and conditions to understand the commission fees and any other charges that may apply is essential.

Inactivity Fee

When a client of Bell Potter Securities does not make a trade for a certain period of time, the broker will assess an inactivity fee. You should close your Bell Potter Securities account if it is dormant, even if the brokerage has not yet notified you of any fees. Many financial services, not only brokerages, include inactivity fees.

The inactivity cost on other trading platforms will vary based on the type of account you have. There are a number of caveats that apply to the inactivity fee that the broker should make plain to the client before they agree to pay it.

Trading Platform Available

Bell Potter uses the most popular MT4 trading platform for traders today, with powerful charting tools, a large number of technical analysis indicators, with expert advisors to run automated trading, which can help traders get ahead in the financial markets.

Deposits & Withdrawals

Bell Potter supports traders to fund their investment accounts via credit/debit cards of Visa, Diners, MasterCard, Visa Electron, PayPal, etc. Usually, it takes a few business days to withdraw funds from Bell Potter Securities. It may take up to 7 business days before the funds show up in the investor's account based on the chosen withdrawal method.

Withdrawals are free of charge at Bell Potter Securities. From your Bell Potter Securities account, you can withdraw money at any time. With the margin set aside, you can withdraw amounts up to your account balance. Keep in mind that you can get by without actually having any cash in your account.

The funds withdrawn will be transferred instantly to the deposit accounts you specify. Because of this, withdrawals made using a credit card will also be made using the same card, though Bell Potter Securities may request other withdrawal methods if your information has changed. For each withdrawal, a minimum quantity must be met. A currency conversion fee is also relevant if you intend to withdraw funds in a currency other than US dollars. Your withdrawal will be subject to a currency conversion fee based on the currency you select.

Customer Support

If clients have any inquiries, they can get in touch with Bell Potter by calling them, or just visiting their office. besides, There is also a contact form for clients to fill ip their questions. or you can also follow this broker on some social media platforms, such as Twitter, Facebook, Linkedin, and Youtube.

Conclusion

To summarize, Bell Potter Securities is a renowned online brokerage firm that provides a diverse range of account options catering to various trading requirements. The broker offers an extensive range of tradable instruments and competitive trading fees. The user-friendly trading platforms come equipped with advanced trading tools, enabling traders to make informed trading decisions. The broker also offers excellent customer support, with multiple channels available for assistance.

While Bell Potter Securities presents an excellent trading opportunity, it is crucial to exercise caution and implement proper risk management strategies.

Frequently Asked Questions

Q: Can I try Bell Potter Securities before I buy？

A: Yes, you can most definitely try Bell Potter Securities before you buy. Bell Potter Securities offers demo accounts for the ease of beginner traders.

Q: Is Bell Potter Securities safe？

A: You can drop all of your worries since we believe that Bell Potter Securities is totally safe to use. It's in compliance with all the rules of Australian Securities and Investment Commission (ASIC).

Q: What funding methods do Bell Potter Securities accept？

A: There are a number of methods to finance your accounts with Bell Potter Securities. You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal.

Q: Which Countries do Bell Potter Securities support？

A: Bell Potter Securities operates across the world. However, due to regulations Bell Potter Securities can't accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.

Q: What is the minimum deposit for Bell Potter Securities？

A: The minimum deposit to open a live account with Bell Potter Securities is $5

Q: How long do Bell Potter Securities withdrawals take？

A: Normally, withdrawal of money from Bell Potter Securities is completed within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Bell Potter Securities to show in your bank account.

Q: When was Bell Potter Securities founded？

A: Bell Potter Securities was founded in 2015 in Australia. Bell Potter Securities is regulated by Australian Securities and Investment Commission (ASIC).