Compare HF Markets vs Amega
What is HF Markets? What is Amega ?
HF Markets is a global forex broker that offers various trading instruments, such as forex, indices, commodities, shares, metals, energies, CFDs, bonds, ETFs, crypto, physical stock and cryptocurrencies. It is regulated by multiple authorities, such as FSC (Mauritius), FCA (United Kingdom), CySEC (Cyprus), DFSA (United Arab Emirates), FSA (Seychelles), FSCA (South Africa) and CMA (Kenya). It was established in 2010 and has offices in Cyprus, Dubai, South Africa and Seychelles.
Amega is a forex broker that offers forex, gold & silver, CFDs, crypto and metals trading. It is regulated by FSC (Mauritius) and was established in 2018. It does not have any physical offices.
HF Markets vs Amega Regulation Comparison
HF Markets has more regulatory licenses than Amega, which means it has more oversight and protection for its clients. HF Markets is also a member of the Investor Compensation Fund (ICF) in Cyprus and the Financial Services Compensation Scheme (FSCS) in the UK, which provide compensation to eligible clients in case of broker insolvency. Amega does not have any similar schemes.
HF Markets vs Amega Trading Assets Comparison
HF Markets offers more trading assets than Amega, with over 1000 instruments across various markets. Amega only offers around 200 instruments in forex, metals and crypto markets. HF Markets also offers more options for trading futures, options, ETFs, bonds and physical stocks.
HF Markets vs Amega Trading Fees Comparison
HF Markets and Amega both charge commissions on some of their account types, but the rates vary depending on the instrument and the platform. HF Markets charges $3 per lot for forex and metals on its Zero Spread account, while Amega charges $2 per lot for all instruments on its Premium account. HF Markets also charges swap fees for holding positions overnight, while Amega does not.
HF Markets vs Amega Account Types Comparison
HF Markets offers six account types: Micro, Premium, Zero Spread, Auto, PAMM and Islamic. The minimum deposit ranges from $5 to $500 depending on the account type. The maximum leverage is 1:1000 for all accounts except Zero Spread, which has 1:500 leverage. The spread type is variable for all accounts except Zero Spread, which has fixed spreads starting from 0 pips.
Amega offers three account types: Mini MT5, Premium MT5 and SwapFree MT5. The minimum deposit is $1 for all accounts. The maximum leverage is 1:1000 for all accounts. The spread type is fixed for all accounts.
HF Markets vs Amega Deposit Options Comparison
HF Markets offers more deposit and withdrawal options than Amega, with over 30 methods available including wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, WebMoney and crypto currencies. The processing time is usually instant or within one working day for most methods.
Amega only offers four methods: wire transfer, credit/debit cards, Skrill and Neteller. The processing time is also instant or within one working day.
HF Markets vs Amega Trading Platforms Comparison
HF Markets supports two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are widely used by traders and offer advanced features such as charting tools, indicators, expert advisors, automated trading and mobile trading.
Amega also supports MT4 and MT5 platforms with similar features.
HF Markets vs Amega Analytical Tools Comparison
HF Markets provides more analytical tools than Amega to help traders with their trading decisions. Some of these tools include market news, economic calendar, trading calculators, webinars, video tutorials and a virtual analyst service that provides personalized feedback and recommendations. . Amega does not offer any analytical tools on its website.
HF Markets vs Amega . Which forex broker is better? Which forex broker should you choose?
Different brokers may suit different traders depending on their preferences, goals and strategies. However, you can consider several factors such as regulations, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms and analytical tools. You can also read some reviews and testimonials from other traders who have used these brokers to better understand their strengths and weaknesses. Finally, you should do your own research before opening an account with any broker.
