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.

Let's start here:

Doo Prime is a regulated broker offering 10,000+ popular trading products with spreads starting at 0.1 pips. The platform provides access to MT4, MT5, Doo Prime InTrade, TradingView, and copy trading. While it appears promising, let's dive deeper to assess if it truly meets its claims of providing an exceptional trading environment.

What is Doo Prime?

Doo Prime is a wholly-owned subsidiary of Doo Prime Holding Group, founded in 2014, headquartered in London, UK, with operations offices in Hong Kong, Taipei, Dallas, Kuala Lumpur, and Singapore.

Doo Prime offers a diverse selection of tradable assets, including forex, contracts for difference (CFDs), indices, and cryptocurrencies. Doo Prime offers different account types to suit individual preferences. Traders can commence their trading journey with a minimum deposit of $100.

In terms of leverage, Doo Prime offers flexibility with leverage options of up to 1:1000. The widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms provide an extensive range of analytical tools, indicators, and expert advisors for comprehensive market analysis and automated trading.

Is Doo Prime Legit?

Yes, Doo Prime is legally operating in different jurisditions, as it is subject to regulatory oversight from multiple regulatory authorities, FSA (Financial Services Authority) in Seychelles, FINRA (Financial Industry RegulatoryAuthority), LFSA (Labuan Financial Services Authority), VFSC (Vanuatu Financial Services Commission), and ASIC (Australia Securities & Investment Commission).

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	FSA	Doo Prime Vanuatu Limited	Retail Forex License	SD090
	FINRA	PETER ELISH INVESTMENTS SECURITIES	Financial Service	24409 / SEC: 8-41551
	LFSA	Doo Financial Labuan Limited	Straight Through Processing (STP)	MB/23/0108
	VFSC	Doo Prime Vanuatu Limited	Retail Forex License	700238
	ASIC	DOO FINANCIAL AUSTRALIA LIMITED	Investment Advisory License	222650

Doo Prime Seychelles Limited, its entity in Seychelles, is authorized and regulated by the Seychelles Financial Services Authority (FSA) under regulatory license number SD090, holding a license for Retail Forex operation.

PETER ELISH INVESTMENTS SECURITIES, its entity in the United States, is authorized and regulated by the Financial Industry Regulatory Authority (FINRA) under regulatory license number 24409 / SEC: 8-41551, holding a license for Financial Service.

Doo Financial Labuan Limited, its entity in Malaysia, is authorized and regulated by the Labuan Financial Services Authority (LFSA) under regulatory license number MB/23/0108, holding a license for Straight Through Processing (STP).

Doo Prime Vanuatu Limited, its entity in Vanuatu, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) under regulatory license number 70038, holding a license for retail forex operation as well.

DOO FINANCIAL AUSTRALIA LIMITED, its Australian entity, is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under regulatory license number 222650, holidng a license for Investment Advisory Lincense.

Pros & Cons

Doo Prime offers over 10,000 popular tradable assets, and multiple trading platforms, providing flexibility and choice for traders. Furthermore, the availability of social trading features is proovided. However, traders should be mindful of the commission charged per trade and the limitations in terms of educational resources and account customization. Additionally, Doo Prime's promotional offerings may be limited.

Market Instruments

Trading Assets	Available
Securities
Futures
Forex
Precious Metals
Commodities
Stock Indices

Doo Prime offers a comprehensive range of market instruments to cater to the diverse trading needs of its clients. These instruments encompass a variety of asset classes, including securities, futures, forex, precious metals, commodities, and stock indices.

Doo Prime Minimum Deposit

To open a most basic account, that is Cent Account, $100 is required, same as its standard account requirement. However, $100 to open a cent account is a little bit sticky, compared to HTFX's $5 to open a cent account. Well, $100 to open a standard account is acceptable.

Here is a table to show Doo Prime's minimum deposit with other brokers:

Broker	Minimum Deposit
	$100
	$200
	$100
	$1

Account Types

Doo Prime offers three types of live trading accounts tailored for different trading needs:

Account Type	CENT	STP	ECN
Account Currency	USD
Minimum Deposit	$100	$100	$5,000
Spreads	High	Medium	Low
Free Demo
Expert Advisor
Hedging Positions
Order Execution	Market Execution

The Cent account is designed for those who are starting their trading journey or prefer to trade with smaller volumes. With a minimum deposit of $100, the Cent account provides accessibility to the markets without the availability of a demo account. Traders can gradually build their trading skills and experience while managing lower trade sizes.

For traders looking for a Standard account, Doo Prime offers an option with a minimum deposit of $100. This account type allows traders to access a wider range of trading opportunities. The Standard account also provides the advantage of a demo account, enabling traders to practice their strategies and familiarize themselves with the platform before engaging in live trading. This feature helps traders gain confidence and refine their trading approach.

Doo Prime also offers an ECN account, specifically designed for more experienced traders seeking direct market access and enhanced trading conditions. With a higher minimum deposit requirement of $5000, the ECN account provides access to deep liquidity and tight spreads. Similar to the Standard account, the ECN account also includes a demo account option, allowing traders to test and fine-tune their trading strategies in a risk-free environment.

Doo Prime Demo Account

Notably, Doo Prime restricts demo accounts to Standard and ECN account holders. Additionally, if clients don't log in to their demo accounts for over 60 days, those accounts become inactive.

Here are some easy steps for you to open a demo account:

Step 1:Visit Doo Prime – Official Website and click “Demo Account”on the top right corner.

Step 2: Account Registration: Simply enter your phone number and email on the registration interface, choose verification via email or phone, click “Send Verification Code,” set your password upon successful verification, and then agree to the terms before clicking “Submit Registration.”

Step 3: Add a demo account: In the Doo Prime User Center, go to the homepage and choose “Add Account” below the demo account section.

Step 4: Customize your demo account: You can add an account by selecting the “Creation method,” “Trading Platform,” “Basic Account Type,” “Account Currency,” “Leverage,” and specifying the “Deposit Amount.” Then, set your “Trading Password” and “Read-only Password” to complete the process.

Step 5: Demo account is sucessfully opened: Once registration is complete, users can access their personal mailbox to retrieve their demo account login details, which include the chosen “Trading Platform,” “Demo Account,” and “Server Name.”

To add your demo account funds, follow just two steps:

Step1: Within the Doo Prime User Center's Demo Account screen, simply click the gear icon located in the upper right corner.

Step 2: Input the desired deposit amount into the “Deposit” field, then confirm by clicking “Yes.”

Then, the added amount will be displayed in the demo account.

Leverage

Leverage, in the context of trading, refers to the ability to control a larger position in the market with a smaller amount of capital. Doo Prime offers leverage of up to 1:1000. This means that for every dollar of trading capital, traders can control a position up to 1000 times larger.

Leverage is a double-edged sword, whch means it has the potential to magnify both profits and losses. When used wisely, leverage can amplify trading gains and allow traders to capitalize on market opportunities with a smaller investment.

Spreads & Commissions

Doo Prime offers spreads starting from 1 pip with a commission of USD 10 per trade. Spreads represent the difference between the bid and ask price of a financial instrument, indicating the cost that traders incur when entering a trade. With spreads starting from 1 pip, Doo Prime provides a competitive pricing structure that may appeal to traders seeking cost-effective trading opportunities.

In addition to spreads, Doo Prime applies a commission of USD 10 per trade. The commission is a fixed fee charged on each trade executed by the trader. This transparent commission structure ensures clarity regarding the cost of trading, allowing traders to accurately assess the expenses associated with their transactions.

Trading Platforms

As for the trading platform, Doo Prime provides its clients with many options. There are public platforms such as tradingview, MT5 and MT4 that have served many clients worldwide, also Doo Prime's own platform Doo Prime InTrade. If you didn't want to spend time familiarizing yourself with a new platform, you could choose public platforms. But Doo Prime's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

MetaTrader 5 (MT5): Doo Prime also supports the advanced MetaTrader 5 platform, which builds upon the features of MT4 and offers expanded functionalities. MT5 includes additional asset classes, improved charting tools, and enhanced order execution capabilities. Traders can access a more extensive range of analytical tools, utilize depth-of-market (DOM) functionality for more precise order placement, and benefit from advanced built-in indicators and graphical objects for comprehensive market analysis.

Doo Prime Intrade: Doo Prime introduces its proprietary trading platform, Doo Prime Intrade, designed specifically for its clients. This platform combines advanced charting features, intuitive navigation, and swift order execution. Traders can enjoy a seamless trading experience with access to real-time market data, customizable charting tools, and the ability to execute trades swiftly and efficiently.

TradingView: Doo Prime integrates with TradingView, a popular and powerful charting and social trading platform. TradingView offers an extensive range of technical analysis tools, customizable charting features, and the ability to follow and interact with other traders in the TradingView community.

Social Trading

Social trading, a feature provided by Doo Prime, revolutionizes the way traders engage in the financial markets by combining the power of technology and social interaction. In social trading, traders have the opportunity to observe and replicate the trading activities of experienced and successful traders.

Deposit & Withdrawal

Doo Prime offers multiple payment methods. The available payment channels, their supported payment currencies, deposit limits, and processing times are as follows:

• Local bank transfers, allowing traders to deposit funds from their local bank accounts directly into their Doo Prime trading account. For traders using pay4broker CNY, deposits ranging from 1000 to 6800 CNY can be made within a 30-minute processing time. Another option is OTCP4B CNY, which allows for larger deposits. Traders can deposit between 15000 and 200000 CNY with a processing time of approximately 30 minutes. Additionally, OTCP4B CNY offers a range of deposit amounts from 450 to 6800 CNY, with a processing time of 5 to 30 minutes.
• epay: Supports USD, HKD, GBP, EUR, AUD, THB, and AED as payment currencies. Deposits can be made within the range of $100 to $99,999, and the processing time is instant.
• Skrill: Accepts multiple payment currencies, including USD, HKD, GBP, EUR, CHF, AUD, CAD, AED, PLN, NZD, ZAR, SEK, DKK, TWD, KRW, SGD, NOK, and INR. Deposits can be made between $100 and $6,000, with instant processing.
• Fasapay: Supports USD and IDR as payment currencies. Deposits can be made within the range of $100 to $25,000, and the processing time is instant.
• HWGC: Accepts TWD as the payment currency. Deposits can be made within the range of $100 to $710,000, and the processing time is approximately 45 minutes.
• VISA, MASTERARD, APPLE PAY, GOOGLE PAY: Multiple payment currencies are supported, such as AED, AUD, BND, CAD, ZAR, VND, USD, TWD, THB, SEK, PLN, NZD, NOK, LAK, MMK, KHR, INR, HKD, GBP, EUR, DKK, CHF, and KRW. Deposits can be made between $100 and $6,500, with instant processing.
• VISA, MASTERARD, APPLE PAY, GOOGLE PAY, AMERICAN EXPRESS: Accepts KRW and THB as payment currencies. Deposits can be made within the range of $100 to $400, and the processing time is instant.
• Wire Transfer: Supports EUR, GBP, and USD as payment currencies. Deposits can be made within the range of $7,000 to $500,000, with a processing time of 2 to 5 working days.

Withdrawal

Doo Prime recommends a minimum withdrawal amount of USD 50, and it offers various withdrawal methods to accommodate the needs of its clients. For international wire transfers, withdrawals can be made in multiple currencies, including EUR, GBP, HKD, and USD. The processing time for international wire transfers is relatively quick, with funds typically being processed within one working day for withdrawal amounts up to USD 50,000. For withdrawal amounts ranging from USD 50,001 to 200,000, the processing time extends to two working days. Withdrawals of USD 200,001 to 1,000,000 require approximately five working days for processing, while withdrawals above USD 1,000,001 may take around six working days to complete.

For local bank transfers in CNY (Chinese Yuan) and VND (Vietnamese Dong), Doo Prime provides a good option for clients based in those respective regions. The processing time for local bank transfers may vary depending on the specific local banking systems. It is advisable to check with Doo Prime for the estimated processing time for local bank transfers in CNY and VND.

Educational Resources

Doo Prime offers access to renowned market analysis provider Trading Central, providing traders with research, technical analysis, and trading ideas across various financial markets.

Additionally, Doo Prime provides Virtual Private Server (VPS) services, which offer traders enhanced trading performance and uninterrupted connectivity.

User Exposure on WikiFX

On WikiFX website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Customer Support

Below are the details about the customer service.

Languages: English, Chinese, Japanese, Korean, Spanish, Thai, Vietnamese.

Service Hours: 24/7

Contact Form

Email: en.support@dooprime.com

Phone: +44 11 3733 5199

Social media: Facebook, Instagram, LinkedIn, twitter

Conclusion

To wrap up, Doo Prime is a well-established brokerage firm with certain pros and downsides. Positively, reputable authorities' oversight of Doo Prime inspires confidence in its financial standards and investor protection.

However, even though Doo Prime has competitive spreads, traders should compare them to other brokers to get the best pricing. Without a Cent account demo account, new traders may have fewer chances to practise and learn the platform.

FAQs

Is Doo Prime legit?

Yes, Doo Prime is regulated by FSA (Offshore), FINRA, LFSA, VFSC (Offshore), and ASIC.

What is the minimum deposit required to open an account with Doo Prime?

The minimum deposit required to open an account with Doo Prime is $100.

What is the maximum leverage available at Doo Prime?

The maximum leverage offered by this broker is up to 1:1000.

What are the available trading platforms at Doo Prime?

MetaTrader 4 (MT4), MetaTrader 5 (MT5), Doo Prime Intrade, and TradingView.

What assets can be traded on Doo Prime?

Forex currency pairs, contracts for difference (CFDs) on various financial instruments, indices, and cryptocurrencies.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.