AMEGA vs Libertex - Fees Review included
Which broker is better AMEGA or Libertex? Our expert assessment conducted according to TU’s own methodology showed that AMEGA is one of the top brokers in the financial market with the TU Overall Score of 3.96 out of 10. Libertex is one of the top brokers in the financial market with the TU Overall Score of 8.27 out of 10. Find out more about TU Overall Score.
| Feature | AMEGA | Libertex |
|---|---|---|
Overall |
2.8 |
4.5 |
1 |
4.4 |
|
4.1 |
4.6 |
|
3.5 |
4.3 |
|
Investment Instruments |
1 |
3.7 |
Platforms and Charting Tools |
4.1 |
5 |
Deposit and Withdrawal |
1.9 |
4.8 |
Research |
3.8 |
4.6 |
Education |
2.6 |
4.7 |
Support |
2.5 |
4.6 |
Bonuses |
3.7 |
4.7 |
|
|
|
AMEGA vs Libertex: Pros and Cons
AMEGA was introduced into the financial market more than 10 years ago. This fact is the obvious evidence of its stability. Forex AMEGA has been popular in Russia only in 2017. The broker established itself as a modern service with a wide range of attractive services which would be interested for traders as for partners
Libertex is a trading and investment software from Indication Investments Ltd, which appeared in the market back in 1997. Libertex Group was established in 1997, has over 2.9 clients, over 700 employees. The broker was awarded the Best Trading Platform at the recent Forex Awards. One of the advantages and distinguishing features of the broker is the current trading web-platform. It is characterized by a convenient interface, high information content, as well as high-quality technical equipment. All these components allow you to work with the terminal. The reliability indicator is the fact that the founders of the platform have been in the field of online trading and financial services provider for more than 20 years. Within this time they have built their reputation as an honest broker. Libertex has received 40 international awards from financial magazines and organizations for the quality of customer service and innovative technical solutions.
| AMEGA | Libertex | |
|---|---|---|
| Overall Pros | No deposit accounts are an attractive opportunity for beginners, since you can start working with a bonus from a broker for registration and not invest your own funds | Trading ideas and trading signals, Hot assets section |
| Providing deep analytics on instruments: currency pairs, oil, gold and bitcoin | Free crypto trading | |
| Narrow spread from 0.5 pips | Advanced charting tools | |
| 100% welcome bonus | ||
| Advanced filters | ||
| CySec Regulation | ||
| Long-term investmetn portfolio with zero fees | ||
| Strong research team | ||
| Overall Cons | No Regulatory License | Limited number of supported assets |
| Lack of transparency in trading conditions | Unclear fee structure |
AMEGA vs Libertex: Safety and Regulation
| Regulated By: | AMEGA | Libertex |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
No |
Yes |
ASIC (Australia) |
No |
No |
Other Regulators |
No, in process |
Mauritius, St. Vincent and the Grenadines |
AMEGA vs Libertex: Trading Conditions
| Trading Conditions | AMEGA | Libertex |
|---|---|---|
Minimum Deposit |
$1 |
100 |
Trading Platforms |
МТ5 |
МТ4, MT5, Libertex |
Max Leverage (Futures) |
1-1000 |
1:30 for retails |
Supported Markets |
Forex, Shares, Indices, Cryptocurrency, Metals, Energy |
Forex, CFDs on indices, stocks, ETFs, commodities, crypto, metals |
Trading assets |
100+ |
250+ |
Trading Accounts |
Live MT5 Hedging, Live MT5 Netting |
Libertex CFD, Libertex Portfolio |
Base Account Currencies |
USD |
EUR, GBP, PLN, CFH |
AMEGA vs Libertex: Fees
Forex Trading Fees
| Fee | AMEGA | Libertex |
|---|---|---|
Standard Account EURUSD Average Spread |
0.5 pips |
0.3 pips |
Standard Account Fee |
$0 |
0.03% |
ECN/STP Account Fee |
Not supported |
Not supported |
ECN Account EUR Average Spread |
Not supported |
Not supported |
CFD Trading Fees
| Fee | AMEGA | Libertex |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | AMEGA | Libertex |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
1%-2.5% |
No |
Inactivity Fee |
No |
$5 per month afther 180 days of inactivity |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
AMEGA vs Libertex: Trading Assets
| Asset Name | AMEGA | Libertex |
|---|---|---|
Overall |
100+ |
250+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
AMEGA or Libertex: Investment Programs
| Asset Name | AMEGA | Libertex |
|---|---|---|
Copy Trading |
No |
No |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
Yes |
Other |
No |
No |
Trading Platforms: Libertex or AMEGA
| AMEGA | Libertex | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
Libertex |
Others |
No |
No |
|
|
|
AMEGA vs Libertex: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | AMEGA | Libertex |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
No |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
No |
AMEGA vs Libertex: Research
| Research Type | AMEGA | Libertex |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
AMEGA vs Libertex: Education
| Education Type | AMEGA | Libertex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
Libertex vs AMEGA: Support
| Support Features | AMEGA | Libertex |
|---|---|---|
Working Days |
07:00–14:00 UTC /5 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
No |
No |
AMEGA vs Libertex: Forex Bonuses and Promo
| Promo | AMEGA | Libertex |
|---|---|---|
Forex Bonus |
1000 USD when replenishing a deposit in the amount of 1000 USD. Or 150% of the replenishment amount |
100% welcome bonus |
Affiliate Program |
Multi-level affiliate program with the possibility of income distribution up to 90% |
Up to 50% of referrals spread |
Other Promos |
||
|
|
|
Top 5 Reviews on Libertex
-
Comment
When I first started trading on Forex, I already heard about Libertex as a reliable company. I decided to try and for 6 years of cooperation I was not disappointed. One of the main advantages is the author's platform, where the transaction parameters are calculated using a multiplier. In addition, instead of spreads, a fixed commission is set, which allows you to significantly reduce costs. The disadvantage of such a commission system is that you still have to pay interest on losing trades. I am not new to trading, but I constantly visit the training section, where experienced traders share the secrets of success. I want to try to work with cryptocurrency somehow, because the broker provides such an opportunity.
-
Comment
The speed of the Libertex platform is close to perfect. I regret that I did not start working with it from the beginning, I lost time. The only inconvenience is that there are no spreads here, and the commission is not always calculated clearly. Therefore, the projected income is often past the real one.
-
Comment
I had a bad experience with 2 dishonest brokers, so now Libertex seemed like a fairy tale to me! Conditions are excellent, execution is instant. I checked the withdrawal and it works. You can make money with this company, and even make good money.
-
Comment
Libertex consistently pays money, and that's a fact! For me, this is the main point in the question of whether it is worth further cooperating with the company. Therefore, I’ve been with Libertex for almost a year now. At the moment, I have no complaints about the company. Everything is calm and clear, and this is very important!
-
Comment
I've been trading with Libertex for six months. In general, trading here is quite comfortable. Conditions are the very thing I need. The trade execution quality is good. The withdrawal of the money earned is made within the time frame specified in the regulations. There is nothing to complain about!
Top 5 Reviews on AMEGA
-
Comment
I became an AMEGA client not very long ago and I have no complaints so far. The broker's experience seems to be serious, although there are also negative reviews. The trading platform works well, I have not encountered any serious glitches. AMEGA has all the necessary analytical tools and a good training base. Overall I’m satisfied. Let's see what happens next.
-
Comment
AMEGA is a terrible broker. I regret opening a real account with them. They offer decent conditions for practice on a demo account, but when you switch to a real trading account, you see a huge difference. It seems that AMEGA's demo account is designed to deceive clients who believed in the company.
-
Comment
AMEGA advertises itself as a transparent and honest broker. I can't confirm this after three months of trading. Very large spread widening occurs out of nowhere. You can’t transfer trades overnight; the spread widening will definitely trigger the stop loss. Overall, AMEGA is not a decent company.
-
Comment
I immediately dismissed the idea of collaborating with Amega, and I do not recommend anyone to trade here. In the user agreement, there is a clause that the broker can freeze the account without any explanations. Also, if there are any suspicious actions on the account, it can be blocked. Understand, no specific facts, just general words. It turns out that Amega can block any trader.
-
Comment
AMEGA is not a trading platform. I was assured that everything was transparent here and that the software was good. But what I immediately encountered was a glitchy platform. You can only trade through the web, and the connection is often lost there. And the transparency. After five trades, non-market quotes began to appear every other time. What is this, incorrect quotes or a software failure again?
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.