Compare Amega vs RoboMarkets
What is Amega? What is RoboMarkets?
Amega is an online forex broker that was established in 2018 and is registered in Mauritius. Amega offers trading on over 100 currency pairs, as well as CFDs on metals, energies, indexes, and cryptocurrencies. Amega claims to provide zero-commission trading, ultra-low spreads, instant cashback, and fast execution.
RoboMarkets is a European forex broker that was founded in 2009 and is regulated by the Cyprus Securities and Exchange Commission (CySEC). RoboMarkets offers trading on more than 12,000 instruments across several asset classes, including forex, stocks, indices, metals, commodities, ETFs, and cryptocurrencies. RoboMarkets also provides access to the MetaTrader 4 and 5 platforms, as well as its own R Trader terminal.
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 RoboMarkets Regulation Comparison
Amega is not regulated by any reputable financial authority and does not offer any investor protection or compensation scheme. Amega is only registered with the Financial Services Commission (FSC) of Mauritius, which is not a reliable regulator for forex brokers.
RoboMarkets is regulated by the CySEC, which is one of the most respected regulators in Europe. RoboMarkets also complies with the MiFID II directive and participates in the Investor Compensation Fund (ICF), which covers up to 20,000 EUR per client in case of insolvency. RoboMarkets is also a member of the Financial Commission, an independent dispute resolution organization.
Amega vs RoboMarkets Trading Assets Comparison
Amega offers trading on over 100 currency pairs, including major, minor, and exotic pairs. Amega also offers CFDs on metals (gold, silver, platinum, palladium), energies (oil, gas), indexes (Dow Jones, NASDAQ, S&P 500), and cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple).
RoboMarkets offers trading on more than 12,000 instruments across several asset classes. In addition to forex and CFDs on metals and energies, RoboMarkets also offers CFDs on commodities (agriculture, softs), indices (global and regional), ETFs (exchange-traded funds), and cryptocurrencies (over 20 coins). RoboMarkets also allows trading on real stocks from US and European markets.
Amega vs RoboMarkets Trading Fees Comparison
Amega claims to offer zero-commission trading on all instruments, except for cryptocurrencies, which have a commission of 0.2%. However, Amega charges a fixed spread on all instruments, which can vary depending on the market conditions and the account type. The minimum spread for EUR/USD is 1.3 pips on the Pro account and 3 pips on the Swap-Free account. Amega also charges a withdrawal fee of 2% for some payment methods.
RoboMarkets charges different fees depending on the instrument and the account type. For forex and CFDs on metals and energies, RoboMarkets offers variable spreads that start from 0 pips on the Prime account and from 1.3 pips on the Pro account. RoboMarkets also charges a commission of $2 per lot for these instruments on the Prime account. For CFDs on stocks, ETFs, and cryptocurrencies, RoboMarkets charges a commission of 0.01 USD per share or 0.01% of the order volume. RoboMarkets does not charge any deposit or withdrawal fees for most payment methods.
Amega vs RoboMarkets Account Types Comparison
Amega offers two main types of accounts: Pro and Swap-Free. The Pro account has a minimum deposit of $1 and a maximum leverage of 1:1000. The Swap-Free account has a minimum deposit of $100 and a maximum leverage of 1:500. The Swap-Free account does not charge any swaps or rollover fees for holding positions overnight. Amega also offers an ISK account for Swedish clients who want to trade US stocks and ETFs with improved conditions.
RoboMarkets offers four main types of accounts: Pro-Cent, Pro-Standard, ECN-Pro, and Prime. The Pro-Cent account is designed for beginners who want to trade with micro lots and low deposits. The Pro-Standard account is suitable for traders with different levels of experience who want to trade with standard lots and competitive spreads. The ECN-Pro account is intended for professional traders who want to trade with interbank liquidity and low commissions. The Prime account is a premium account that offers the best trading conditions and the tightest spreads. All accounts have a minimum deposit of $10 and a maximum leverage of 1:2000. RoboMarkets also offers an R Trader account for clients who want to trade on the proprietary R Trader platform with access to real stocks, ETFs, and cryptocurrencies.
Amega vs RoboMarkets Deposit Options Comparison
Amega supports a variety of payment methods for deposit and withdrawal, including wire transfer, credit/debit cards, Skrill, Neteller, Perfect Money, WebMoney, FasaPay, Bitcoin, and more. However, some payment methods may incur a withdrawal fee of 2%, such as Skrill, Neteller, and FasaPay. The minimum deposit and withdrawal amount is $1 for most methods.
RoboMarkets also supports a wide range of payment methods for deposit and withdrawal, such as wire transfer, credit/debit cards, Skrill, Neteller, UnionPay, Western Union, Perfect Money, Boleto Bancário, local bank transfer, AdvCash, AstroPay, and more. RoboMarkets does not charge any deposit or withdrawal fees for most methods, except for wire transfer, which has a fee of 30 EUR for deposits and 10 EUR for withdrawals. The minimum deposit and withdrawal amount is $10 for most methods.
Amega vs RoboMarkets Trading Platforms Comparison
Amega offers the MetaTrader 4 (MT4) platform as its main trading platform. MT4 is a popular and user-friendly platform that supports multiple order types, charting tools, technical indicators, automated trading systems (Expert Advisors), and market news. MT4 is available as a desktop application, a web browser version, and a mobile app for iOS and Android devices.
RoboMarkets offers both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms as its main trading platforms. MT4 and MT5 are similar in terms of functionality and features, but MT5 has some advantages over MT4, such as more timeframes, more order types, more technical indicators, more analytical tools, and support for trading on stocks and futures markets. MT4 and MT5 are available as desktop applications, web browser versions, and mobile apps for iOS and Android devices. RoboMarkets also offers the R Trader platform as its proprietary trading platform. R Trader is a web-based platform that allows trading on over 12,000 instruments across multiple asset classes. R Trader has a simple and intuitive interface that supports one-click trading, advanced charting tools, technical analysis tools, trading signals, automated trading strategies (Robo-Advisors), market news, and economic calendar.
Amega vs RoboMarkets Analytical Tools Comparison
- Amega does not offer many analytical tools for its clients. The only tools available are the ones embedded in the MT4 platform, such as the charting tools, technical indicators, market news, and economic calendar.
- RoboMarkets offers a variety of analytical tools for its clients. In addition to the tools embedded in the MT4, MT5, and R Trader platforms, RoboMarkets also provides access to the following tools:
- Autochartist: A tool that scans the market for trading opportunities based on technical analysis patterns and indicators.
- Trading Central: A tool that provides market analysis reports, trading signals, technical analysis tools, and investment ideas.
- R Strategy Builder: A tool that allows creating and testing automated trading strategies without coding.
- R MobileTrader: A mobile app that combines the features of the R Trader platform with analytical tools such as Autochartist and Trading Central.
Amega vs RoboMarkets. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which broker is better, as each broker has its own strengths and weaknesses. There are many factors to consider when choosing between Amega and RoboMarkets. Ultimately, the best broker for you depends on your own preferences and goals. You to do your own research before opening an account with any broker and read their terms and conditions carefully. You can also try their demo accounts to test their services and features before investing real money.
