AMEGAFX.com Review

1.634 · 59 REVIEWS
Updated: Apr 28, 2022 · Visit site  · Is this your company?

AMEGAFX is an unregulated forex broker. AMEGA FX offers the MT5 and MT4 forex trading top platform. AMEGAFX.com offers over 25 forex currency pairs, cfds, futures, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

AMEGAFX.com

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum Deposit: $1
Established: 2018
Address: Saint Vincent And Grenadines
Customer Service: support@amegafx.com
Regional offices:
Regulations: SVGFSA #1080 LLC 2021
Prohibited countries:
Trading platforms: MT4, MT5
WebTrader: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (25+)
Cryptocurrencies: (4) Bitcoin, Litecoin, Ethereum
CFD: (30+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Spike Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

PAMM: ✅ Yes
Deposit Methods: Airtel, Beeline, BPAY, CashMaal, CBE (Commercial Bank of Ethiopia), Dohone, ecoPayz, Epay (epay.com), Express Union, FastPay, Jeton, LigdiCash, LINE Pay, M-Birr, Maestro, Megafon, MTS, PayDunya, Payeer, PerfectMoney, PiPay, Qiwi, Siru Mobile, SticPay, Svyaznoy, TELE2, TrueMoney, UnionPay, VCreditos
Withdrawal Methods: Airtel, Beeline, BPAY, CashMaal, CBE (Commercial Bank of Ethiopia), Dohone, ecoPayz, Epay (epay.com), Express Union, FastPay, Jeton, LigdiCash, LINE Pay, M-Birr, Maestro, Megafon, MTS, PayDunya, Payeer, PerfectMoney, PiPay, Qiwi, Siru Mobile, SticPay, Svyaznoy, TELE2, TrueMoney, UnionPay, VCreditos

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1.634 · 59 REVIEWS
Forex Peace Army
DO YOU RECOMMEND THIS COMPANY?

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Traders Reviews

Azhar,
Haryana, India,
Mar 17, 2022,
Guest

Service use: Live

Length of use: 3-6 Months

AMEGAFX has a great no threshold minimum depo. Not a frequent for most of the brokers. I started with TEN BUCKS. Very calming when you can test and re-test broker on the amount you prefer... Step by step and I'm funding little by little my depo (required for my strategy). Surely I already tried and succeed to withdraw the funds. My conclusion - every newbie and pro can ensure broker is legit until topping up the big depo with minimum risks. TY AMEGA
 
Kiev, Ukraine,
Jan 21, 2022,
Registered user

Recommended

Service use: Live

Length of use: over 1 Year

I’ve been trading for a long time, but Amega is one of my favourites. If you check the widening of the spread before the rollover, due to the news and holidays, Amega will have the lower than others. Mostly you can see it in exotics and gold. But, guys, I still don’t understand why don’t you have trading accs in crypto? You already have a lot of opportunities to do dep in crypto,go ahead and make trading accounts availible in crypto as well.
 
Reply by AmegaFX submitted Feb 18, 2022:
Dear Tor21,

Thank you for your feedback. We are happy to see that you enjoy our trading services.
We are always working to provide the best trading services to our clients. We will take into consideration your recommendation regarding the trading accounts in crypto.

Kind regards,
Amega's Customer Success Team
Sri Lanka, Sri Lanka,
Dec 21, 2021,
Registered user

Unable to withdraw

Service use: Live

Length of use: 0-3 Months

Unable to withdraw profit.
I've manage to verify docs after very lenthy process. Now when it comes to withdrawals they don't send the SMS OTP.
When inquired they say their system indicate that it was delivered.
When I request to Change the phone number, they wanted me to wait 7days.
  1 trader has found this review helpful
Reply by AmegaFX submitted Feb 23, 2022:
Dear Eranga, thanks for your review!

Please note that after our investigation we have noticed that there is no registration with this name on our platform.

We would gladly review your query if you send us an email to support@amegafx.com, indicating your registered name and email address.

Also, for your information, please note that there is no need to wait for 7 days to change the phone number or any other details of your profile, this is done the same day you contact our Customer Success Team. As an alternative to the OTP you can set up an Authenticator app to get free codes for confirming transactions in your MyAMEGA account.
As you can see from the above explanation our clients can sort out the OTP query without contacting us.

Kind regards,
Amega's Customer Success Team
Selangor, Malaysia,
Nov 25, 2021,
Registered user

DO NOT USING THIS BROKER.. SCAMMER!!!

Service use: Other

Length of use: Have not used

this broker is too hard for verify your profile.. after send same document to another broker.. it's just verified and no issues.. but for this broker always reject and want more documents.. I don't know why another user in here give them more than 1 star (5 star).. on FPA (forexpeacearmy).. too many issues on this broker.. about withdrawal.. about verify profile.. about market manipulation and many more.. please do not using this FX Broker to trading cause they're just want to collect many more identity and maybe they sold our identity to another third party.. or something serious like as identity theft.. about claim bonus (No Deposit Bonus / Welcome Bonus).. I think it's not real.. find another broker with good regulation and regulated.. more trustworthy (on trustpilot score) and don't have a big issues (can refer another forex broker review site)...
 
Reply by AmegaFX submitted Feb 24, 2022:
Dear Rozaidy,

Please be informed that as soon as you provided KYC documents, our customer support team sent you an email explaining why it is necessary to provide a new copy of the identity card. The document you have sent us, was cropped and edited online, which is not allowed as per our KYC and AML policy.

For your information, in order to avoid fraudulent behavior and to comply with AML law, the identification document must be provided in clear colored copy ensuring that all the information can be seen and all 4 corners of the document must be shown.

Kind regards,
Amega's Customer Success Team
Iran, Iran, Islamic Republic of,
Nov 11, 2021,
Registered user

Big Scam

Service use: Live

Length of use: 0-3 Months

Do not register on this site in any way. They are scammers and will never confirm you for a bonus.

Nov 10, 2021 - 1 Star I was attracted to this site only because of the no deposit deposit. But they rarely approve of you. They do not approve of your original documents and constantly make excuses. I think they are more looking to collect document information from users.
Ninety percent of them are scammers
  1 trader has found this review helpful
Reply by AmegaFX submitted Jan 28, 2022:
Dear A-Forex,

Thank you for the time spent writing the review and providing us with your feedback.
Please note that after further investigation in our system, our last communication with you was our request for a photo of your ID.
Until now, this has still not been received.

Should you have any further questions or if any assistance is needed, please contact us. We are happy to assist you.

Our Live Chat support is available Monday-Friday from 9 to 5 pm (GMT + 2). Alternatively you can send an email to support@amegafx.com.

Kind regards,
Amega Team
Igor,
Russia, Russian Federation,
Aug 19, 2020,
Guest

beware of scammers

Service use: Live

Length of use: over 1 Year

In due time, I was attracted only because of the bonus and the opportunity to trade in the amega fund. But as soon as I began to earn more or less decent money, the contract with me was terminated. As it turned out later, many traders suffered and were not paid money under the offer agreement. I want to warn all traders and not trade in this company. These are scammers without a license and a regulator!
  2 traders have found this review helpful
Africa, South Africa,
Apr 30, 2020,
Registered user

Treating certain groups of people as criminals

Service use: Live

I DID EVERYTHING THEY ASKED ME TO DO!!!! all I wanted was to open an account they keep telling me that i am missing mandatory fields or my pictures are not clear enough etc etc etc treating me as if i am a criminal and a fraudster who does not deserve the no deposit bonus. i rectify their complaints and they come up with another excuse for me not to get verified. They dont even bother to call and follow up and guide you which shows and judging by other peoples reviews regarding documents it seems there are some real issues, biases and agendas going on taht we dont know about.
 
Toby,
Durban, South Africa,
Apr 27, 2020,
Guest

Amegafx is a data harvesting scam

Service use: Live

Length of use: 0-3 Months

I wish I had listened to the other reviewers who said they were a data harvesting scam because that was exactly what happened. I thought I'd give them a chance because of the other good reviews but I'm convinced now those were paid for or done by their employees. Now I'm afraid my personal financial information will be used by online syndicates to commit fraud everywhere in the world, delete my info you low life pieses of s***.
  1 trader has found this review helpful
Abidjan, Cote D'ivoire,
Apr 17, 2020,
Registered user

Notice

Service use: Live

Length of use: over 1 Year

I registered on this platform more than two years ago. Now I am really disappointed with them.  Lately I have deposited more than 400 dollars on their platform and to my surprise it asks me for personal documents and my personal information. Even until now, my account remains unchecked on the pretext that I have not provided my bank statement. I ask them to fully reimburse the money they took. They tell me stupid things that have nothing to do with it. I don't want to work with them anymore since they are not credible.

Je suis inscrit sur cette plateforme il y'a plus de deux ans mais maintenant je suis vraiment déçu d'eux dernièrement j'ai déposé plus de 400 dollars sur leur plateforme et la surprise il me demande des documents personnels et mes informations personnelles et même bancaire.Jusqu'a présent mon compte reste non vérifier sous prétexte que je ne les ai pas fourni mon relevé bancaire.
Je leur demande de rembourser intégralement l'argent qu'ils ont pris ils me racontes des âneries qui n'ont rien avoir avec ça.Je ne veux plus travailler avec eux vu qu'il ne sont pas crédible..
 
Johannesburg, South Africa,
Apr 7, 2020,
Registered user

unethical and illegal operations

Service use: Live

Length of use: over 1 Year

I won a prize on their amega invest and also deposited my own funds to the pamm account , 3 days later of trading i got an email that I had withdrawn my account and the account was removed from the Pamm to be just a normal mt5 account and funds removed. When i emailed and follow up the story changed and it was no longer me who withdrawn , but they said they removed the funds cause i violated the rules and they couldnt respond to which rules exactly.  bottom line , prize was taken and no proper answers and on top of that i still suspect their security measures are not good. 
but all in all i think they are very unprofessional in terms of handling peoples accounts and money . my pamm account is 1000087966. so i would actually rate them as scammers till they can prove their legitimacy

they keep sending one message in reply that the company decision cannot be reviewed. the i investigated someone using an IP in Russia accessed our accounts in their website and yet they dont want to investigate that yet its their site and our accounts compromised and i am in South Africa.
  1 trader has found this review helpful