Compare Amega vs FXOpen
What is Amega? What is FXOpen?
Amega is a forex broker that was established in 2018 and is regulated by the Financial Services Commission (FSC) of Mauritius and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. Amega offers trading with forex, gold and silver, CFDs, and cryptocurrencies on MetaTrader 4 and MetaTrader 5 platforms. Amega claims to provide low spreads, fast execution, and various payment methods for its clients.
FXOpen is a forex broker that was founded in 2003 and is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Commission of the United Kingdom. FXOpen provides trading with forex, gold and silver, crypto, CFDs, oil, stocks, indexes, and energies on MetaTrader 4, MetaTrader 5, TickTrader, and TradingView platforms. FXOpen also offers ECN accounts, PAMM accounts, Islamic accounts, and free education for its clients.
Best Forex Brokers Ranking
| Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
|---|---|---|---|---|---|---|---|
| 1 | Exness |  | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
| 2 | IC Markets | | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
| 3 | XM | | Open XM account | 30$ | MT4, MT5 | 5$ | - |
| 4 | XTB | | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
| 5 | FBS | | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
Amega vs FXOpen Regulation Comparison
Both Amega and FXOpen are regulated by reputable authorities in different jurisdictions. However, FXOpen has more licenses than Amega, which may indicate a higher level of trustworthiness and security for its clients. FXOpen is also a member of the Financial Commission, which provides dispute resolution and compensation fund services for traders.
Amega vs FXOpen Trading Assets Comparison
Both Amega and FXOpen offer a wide range of trading assets for their clients to choose from. However, FXOpen has more options than Amega, especially in terms of stocks, indexes, energies, futures, ETFs, options, agriculture, commodities, bonds, binary options, ETFs, shares, and physical stock. Amega does not offer these assets at all.
Amega vs FXOpen Trading Fees Comparison
Both Amega and FXOpen charge commissions and spreads for their trading services. However, the fees may vary depending on the account type, trading platform, market conditions, and other factors. Generally speaking, Amega offers fixed spreads while FXOpen offers variable spreads. Amega charges $2 per lot as commission while FXOpen charges $1.50 per lot as commission. However, these fees may change or be waived for certain account types or promotions.
Amega vs FXOpen Account Types Comparison
Both Amega and FXOpen offer different account types for their clients to suit their trading preferences and needs. However, FXOpen has more account types than Amega, such as ECN accounts, STP accounts, Micro accounts, Crypto accounts, PAMM accounts, Islamic accounts, Demo accounts, Segregated accounts, Managed accounts, etc. Amega only offers Standard accounts and Swap-free accounts.
Amega vs FXOpen Deposit Options Comparison
Both Amega and FXOpen offer various deposit and withdrawal options for their clients to fund and withdraw their money from their trading accounts. However, Amega has more payment methods than FXOpen, such as wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, Perfect Money, Payeer, Qiwi Wallet etc. FXOpen only offers wire transfer, credit/debit cards, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, Tether (USDT), WebMoney, and AdvCash.
Amega vs FXOpen Trading Platforms Comparison
Both Amega and FXOpen offer multiple trading platforms for their clients to access the markets and execute their trades.
However, FXOpen has more platforms than Amega, such as TickTrader and TradingView. Both brokers offer MetaTrader 4 and MetaTrader 5 as their main platforms. Both platforms support automated trading, one-click trading, trailing stop, and pending orders.
Amega vs FXOpen Analytical Tools Comparison
Both Amega and FXOpen offer various analytical tools for their clients to enhance their trading performance and strategies.
However, FXOpen has more tools than Amega, such as economic calendar, market news, technical analysis, trading signals, social trading, etc. Amega only offers market news and articles as its main tools.
Amega vs FXOpen. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, preferences, and risk appetite. There is no definitive answer to which broker is better, as different brokers may suit different traders better. However, you can consider some of the following factors to help you make your choice:
- Regulation: FXOpen has more licenses than Amega, which may indicate a higher level of trustworthiness and security for its clients. FXOpen is also a member of the Financial Commission, which provides dispute resolution and compensation fund services for traders. If you value regulation and protection, you may prefer FXOpen over Amega.
- Trading Assets: FXOpen offers more options than Amega, especially in terms of stocks, indexes, energies, futures, ETFs, options, agriculture, commodities, bonds, binary options, ETFs, shares, and physical stock. Amega does not offer these assets at all. If you want to diversify your portfolio and trade with a variety of assets, you may prefer FXOpen over Amega.
- Trading Fees: Both Amega and FXOpen charge commissions and spreads for their trading services. However, the fees may vary depending on the account type, trading platform, market conditions, and other factors. Generally speaking, Amega offers fixed spreads while FXOpen offers variable spreads. Amega charges $2 per lot as commission while FXOpen charges $1.50 per lot as commission. However, these fees may change or be waived for certain account types or promotions. If you want to save on trading costs and enjoy flexible pricing, you may prefer FXOpen over Amega.
- Account Types: Both Amega and FXOpen offer different account types for their clients to suit their trading preferences and needs. However, FXOpen has more account types than Amega, such as ECN accounts, STP accounts, Micro accounts, Crypto accounts, PAMM accounts, Islamic accounts, Demo accounts, Segregated accounts, Managed accounts, etc. Amega only offers Standard accounts and Swap-free accounts. If you want to have more options and features for your trading account, you may prefer FXOpen over Amega.
- Deposit and Withdrawal Options: Both Amega and FXOpen offer various deposit and withdrawal options for their clients to fund and withdraw their money from their trading accounts. However, Amega has more payment methods than FXOpen, such as wire transfer, credit/debit cards, Skrill, Neteller, Perfect Money, Payeer, Qiwi Wallet etc. FXOpen only offers wire transfer, credit/debit cards, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, Tether (USDT), WebMoney, and AdvCash. If you want to have more convenience and flexibility for your payment transactions, you may prefer Amega over FXOpen.
- Trading Platforms: Both Amega and FXOpen offer multiple trading platforms for their clients to access the markets and execute their trades. However, FXOpen has more platforms than Amega, such as TickTrader and TradingView. Both brokers offer MetaTrader 4 and MetaTrader 5 as their main platforms. Both platforms support automated trading, one-click trading, trailing stop, and pending orders. If you want to have more choices and functionalities for your trading platform, you may prefer FXOpen over Amega.
- Analytical Tools: Both Amega and FXOpen offer various analytical tools for their clients to enhance their trading performance and strategies. However, FXOpen has more tools than Amega, such as economic calendar, market news, technical analysis, trading signals, social trading, etc. Amega only offers market news and articles as its main tools. If you want to have more resources and assistance for your trading analysis, you may prefer FXOpen over Amega.
Ultimately, the best way to decide which broker is better for you is to try them out yourself by opening a demo account or a small live account with them.
