Forex trading (Trading on foreign exchanges) has been a lucrative source of income for many Nigerians. Forex brokers are mainly online trading platforms where you can trade on forex. There are many Forex brokers online that Nigerians have been making use of and I shall be talking about one of them called AGEA. AGEA (formerly called Marketiva) is an online Forex Broker that was founded far back in 2005 and has its location in one of the South-eastern European countries, Montenegro. Currently, AGEA has over 100,000 customers worldwide and the number keeps increasing every day. The AGEA trading platform is simple and easy to use and this makes it one of the top choices of online forex traders. It is of high advantage to forex trading beginners as it provides professional tools that assist these beginners. AGEA uses two main trading platforms, the popular Meta Trader Platform and the Streamster platform which is their own product.
Creating an account with AGEA takes no time, simply visit the website www.agea.com and click on open account and the top of the page, fill the registration form with other necessary requirements and submit.
AGEA Trading Accounts types
AGEA has five major trading accounts, one for the Streamster platform (requires a minimum deposit of just $1) and the other four comes under the Meta Trader platform, these four includes:
- Cent Account: $6 minimum deposit is needed
- Standard Account: $100 minimum deposit is needed
- STP: $1000 minimum deposit is needed
- Fixed Spread: As the name implies, you have to choose a fixed amount to trade with, this amount may be between $5 and $100
In some cases, AGEA gives traders free $2.50 to $5 to start trading as soon as their account is registered.
AGEA Deposit and Withdrawal
AGEA features various methods of payment.You can make a deposit through any of the following provided options;
- Local Bank Transfer (Available only in Malaysia, Indonesia, Thailand & Vietnam)
- Wire Transfer
- Credit Card
- Fasapay
- Skrill
- Neteller
- Perfect Money
- Web Money
- Qiwi Wallet
- RBK Money
- Dixipay
- Epay
You can easily request for withdrawal from your AGEA account, and a withdrawal fee might be charged depending on the Withdrawal method you choose to use. Withdrawal is carried out almost instantly as it takes just hours for funds to be deposited in your chosen account after your withdrawal request has been verified.
AGEA Customer Support
AGEA provide 24/7 customer support especially through their live chat bot, there is also support e-mails and phone numbers that you can easily contact to report any issue you may be having. AGEA also have an online forum at forum.agea.com where traders can chat with themselves and also help each other out.
Conclusion
Without doubt, we can say AGEA (Marketiva) is a nice forex broker that can be of high reliability to Nigerian Forex traders. However, before trading with AGEA you can read reviews of other Nigerian online Forex brokers and then go for any one that is more preferred by you.