Compare Amega vs Trading212
What is Amega? What is Trading212?
Amega is an offshore STP broker that offers CFD trading on forex, stocks, indices and commodities with very high leverage up to 1:1000 and a zero-commission pricing structure. Traders can access markets through the MT5 platform and can test the broker’s services through a demo account.
Trading212 is a European-regulated broker that offers commission-free investing and trading on stocks, ETFs, forex, commodities and more. Traders can access markets through a proprietary trading platform and app, as well as ISA accounts. Trading212 also provides portfolio copy trading functionality and a suite of educational resources.
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 Trading212 Regulation Comparison
Amega is not regulated by any trusted financial authority, which means that traders have less protection and recourse in case of disputes or issues with the broker. Amega claims to be registered in the Marshall Islands, but this does not imply any regulatory oversight or compliance.
Trading212 is regulated by various authorities across Europe, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Supervision Commission (FSC) in Bulgaria. This means that traders have more security and assurance when dealing with the broker, as well as funds protection up to £85,000 by the FSCS in the UK.
Amega vs Trading212 Trading Assets Comparison
Amega offers over 100 CFD instruments from popular asset classes, including 70+ forex pairs, 25+ global stocks, 8 indices, 14 commodities and 4 cryptocurrencies. However, the depth of assets is limited compared to other CFD brokers, and some products such as options and bonds are not offered.
Trading212 offers over 1800 tradeable instruments from various markets, including stocks, ETFs, forex, commodities, indices and cryptocurrencies. Traders can also invest in fractional shares of expensive stocks like Google, Amazon and Apple. However, Trading212 does not offer spread betting or CFD trading on indices.
Amega vs Trading212 Trading Fees Comparison
Amega operates a commission-free trading model with competitive spreads from 0.8 pips on most instruments. However, there are some hidden fees that traders should be aware of, such as withdrawal fees, swap fees and monthly inactivity fees. Amega also charges a conversion fee for deposits and withdrawals in currencies other than USD.
Trading212 also offers commission-free trading and investing on most instruments, with tight spreads from 0.6 pips on major forex pairs and no deposit or withdrawal fees. However, there are some charges that apply to certain services or products, such as currency conversion fees, overnight fees for CFD positions, stamp duty for UK stocks and ETFs, and market data fees for some exchanges.
Amega vs Trading212 Account Types Comparison
Amega has two main account types: Standard and Premium. The Standard account has a minimum deposit requirement of $20 and offers leverage up to 1:1000 on forex and 1:200 on metals. The Premium account has a minimum deposit requirement of $1000 and offers lower spreads from 0 pips on forex and 1 pip on metals, but also charges a commission of $6 per lot round turn. Both accounts have access to the MT5 platform and support swap-free Islamic trading profiles.
Trading212 has three main account types: Invest, ISA and CFD. The Invest account allows traders to buy and sell stocks and ETFs commission-free with no minimum deposit requirement. The ISA account is similar to the Invest account but also offers tax benefits for UK residents. The CFD account allows traders to trade forex, commodities, cryptocurrencies and more with leverage up to 1:300 and no minimum deposit requirement. All accounts have access to the proprietary trading platform and app.
Amega vs Trading212 Deposit Options Comparison
Amega supports a wide range of payment methods for deposits and withdrawals, including credit cards, e-wallets, bank transfers, cryptocurrencies and international banking options. However, some methods may incur fees or have minimum or maximum limits depending on the currency or country of origin.
Trading212 supports fewer payment methods for deposits and withdrawals, but they are more convenient and cost-effective for most traders. The available methods include credit cards, debit cards, bank transfers, PayPal, Skrill, Google Pay and Apple Pay. There are no fees or limits for deposits or withdrawals using these methods.
Amega vs Trading212 Trading Platforms Comparison
Amega only offers one trading platform: the MetaTrader 5 (MT5). This is a popular and reliable platform that supports multiple order types, charting tools, indicators, expert advisors, automated trading and more. However, some traders may prefer the older MetaTrader 4 (MT4) platform or other alternatives that offer more features or customization options.
Trading212 offers its own proprietary trading platform and app that are designed to be user-friendly, intuitive and fast. The platform supports multiple order types, advanced charting tools, price alerts, portfolio copy trading and more. However, some traders may miss the functionality or compatibility of the MetaTrader platforms or other third-party software.
Amega vs Trading212 Analytical Tools Comparison
Amega does not offer much in terms of analytical tools or educational materials for traders. The broker only provides a basic economic calendar, a market news section and a blog with some articles and tutorials. Traders who want more advanced or comprehensive analysis or learning resources will have to look elsewhere.
Trading212 offers a decent range of analytical tools and educational materials for traders. The broker provides a detailed economic calendar, a market news section, a blog with various topics and insights, a YouTube channel with video tutorials and webinars, and a help centre with FAQs and guides. Traders can also benefit from the portfolio copy trading feature that allows them to follow and copy the strategies of other successful traders.
Amega vs Trading212. 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 as to which broker is better, as different brokers may suit different traders better. However, here are some general guidelines and factors to consider when comparing the Amega and Trading212.
- Regulation: Trading212 has a clear advantage over Amega in terms of regulation, as it is licensed and supervised by several reputable authorities in Europe, while Amega is not regulated by any trusted financial body. This means that Trading212 offers more security and protection to traders, as well as funds compensation in case of insolvency. If you value safety and reliability, you may prefer Trading212 over Amega.
- Trading Assets: Trading212 offers a wider and deeper range of trading instruments than Amega, especially in terms of stocks and ETFs. Trading212 allows traders to invest in fractional shares of popular companies, as well as access various markets around the world. Amega, on the other hand, has a limited selection of CFD products, and does not offer options or bonds. If you value diversity and flexibility, you may prefer Trading212 over Amega.
- Trading Fees: Both brokers offer commission-free trading on most instruments, but they have different pricing structures and hidden fees. Amega has lower spreads than Trading212 on some instruments, but it also charges withdrawal fees, swap fees, inactivity fees and conversion fees. Trading212 has tighter spreads than Amega on other instruments, but it also charges overnight fees for CFD positions, stamp duty for UK stocks and ETFs, and market data fees for some exchanges. If you value transparency and cost-effectiveness, you may prefer Trading212 over Amega.
- Account Types: Both brokers have different account types that cater to different trading styles and needs. Amega has two main account types: Standard and Premium. The Standard account has a low minimum deposit requirement and high leverage, but higher spreads. The Premium account has a higher minimum deposit requirement and lower leverage, but lower spreads and commissions. Trading212 has three main account types: Invest, ISA and CFD. The Invest account allows traders to buy and sell stocks and ETFs commission-free with no minimum deposit requirement. The ISA account is similar to the Invest account but also offers tax benefits for UK residents. The CFD account allows traders to trade forex, commodities, cryptocurrencies and more with leverage up to 1:300 and no minimum deposit requirement. If you value simplicity and convenience, you may prefer Trading212 over Amega.
- Trading Platforms: Both brokers offer different trading platforms that have their own advantages and disadvantages. Amega only offers the MetaTrader 5 (MT5) platform, which is a popular and reliable platform that supports multiple order types, charting tools, indicators, expert advisors, automated trading and more. However, some traders may prefer the older MetaTrader 4 (MT4) platform or other alternatives that offer more features or customization options. Trading212 offers its own proprietary trading platform and app that are designed to be user-friendly, intuitive and fast. The platform supports multiple order types, advanced charting tools, price alerts, portfolio copy trading and more. However, some traders may miss the functionality or compatibility of the MetaTrader platforms or other third-party software.
- Analytical Tools: Trading212 has a clear advantage over Amega in terms of analytical tools and educational materials for traders. The broker provides a detailed economic calendar, a market news section, a blog with various topics and insights, a YouTube channel with video tutorials and webinars, and a help centre with FAQs and guides. Traders can also benefit from the portfolio copy trading feature that allows them to follow and copy the strategies of other successful traders. Amega does not offer much in terms of analytical tools or educational materials for traders. The broker only provides a basic economic calendar, a market news section and a blog with some articles and tutorials.
