Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.
Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
What's AgenaTrader？
AgenaTrader is an unregulated trading platform used for analyzing financial markets, executing trades, and managing investment portfolios, offering over 1.5 million instruments across 150 global markets and supporting trading in 27 different currencies. It provides a wide range of tools and features for technical analysis, charting, and strategy development, making it popular among professional traders and investors. AgenaTrader also offers customizable trading strategies and allows users to automate their trading activities using algorithmic trading strategies.
Pros & Cons
Pros
Multiple Market Instruments: AgenaTrader offers over 1.5 million instruments across 150 global markets and supporting trading in 27 different currencies.
Multiple Trading Tools: AgenaTrader provides traders with a variety of trading tools, including the Correlation Matrix, Chart Gallery, Dynamic Scanner, Trading Journal Pro, and Notifier.
Demo Accounts Available: AgenaTrader offers demo accounts, allowing users to practice trading without risking real money. This can be beneficial for beginners or those who want to test the platform.
Cons
No Regulation: AgenaTrader is not regulated, which increases risks for clients as the company doesn't have to adhere to any established financial standards nor offer protections typically required by financial regulators.
Lack of Info on Trading Conditions: The official website of AgenaTrader doesn't provide info on trading conditions, which can undermine financial stability, transparency, and trust, affecting the brokers ability to operate effectively in the market.
Is AgenaTrader Legit？
User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security Measures: So far we haven't found any information about the security measures for this broker.
Market Instruments
AgenaTrader states that it provides access to a vast selection of financial instruments, offering over 1.5 million instruments across 150 global markets and supporting trading in 27 different currencies, including Stock & ETFs, Future, Option, Forex, CFD and Interest. This wide range of instruments allows traders to diversify their portfolios and access opportunities in various markets around the world.
Account Types
AgenaTrader provides two account types for traders: the Andromeda SimulationBroker and the Andromeda MultiBroker.
The Andromeda SimulationBroker account features include 0 fees, RealTime Signal Scanner, Risk- and Money-Management tools, Drag&Drop Signal + Setup creation, and support for all asset classes.
On the other hand, the Andromeda MultiBroker account, priced at 99€ per month, offers all the features of the Andromeda SimulationBroker account along with the ability to trade live accounts via AgenaTrader and a free data feed.
How to Open an Account？
You can open a real account by clicking on “Get Started”. Fill in your basic information such as your name and email address. Then select your preferred language. Be sure to agree to their terms and conditions, data privacy policy and consent to the use of personal data (including and e-mail address) for the purpose of communicating promotional information about services. Once your account is verified, you can start utilizing the services offered by AgenaTrader.
Trading Platforms
As for the trading platform, AgenaTrader provides its clients with its own self-titled trading platform. However, there are public platforms such as tradingview, MT5 and MT4 that have served many clients worldwide. lf you didn't want to spend time familiarizing yourself with a new platform, you could choose public platforms. The choice is yours.
AgenaTrader provides its proprietary trading platform, known as the AgenaTrader platform, which is accessible on various devices. The platform offers a range of trading tools and features designed to support traders in their trading activities.
While the platform is available on different devices, including desktop computers, laptops, and mobile devices, the user experience and functionality may vary across these devices. Traders should consider factors such as screen size, processing power, and internet connection stability when using the platform on different devices to ensure optimal performance.
Trading Tools
AgenaTrader provides traders with a variety of trading tools, including the Correlation Matrix, Chart Gallery, Dynamic Scanner, Trading Journal Pro, and Notifier.
Correlation Matrix: Analyze relationships between different assets to diversify portfolios and manage risk effectively.
Chart Gallery: View multiple charts simultaneously to compare assets and conduct technical analysis efficiently.
Dynamic Scanner: Scan markets in real-time to identify trading opportunities based on predefined criteria.
Trading Journal Pro: Track and analyze trading performance systematically by logging trades and key details for evaluation and improvement.
Notifier: Receive real-time alerts and notifications about market events and trading conditions to stay informed and react promptly to opportunities.
Fees
AgenaTrader implements a fee structure that varies based on several factors, including the trader's country of residence and the specific trading instruments being used. The platform charges fees that are subject to fluctuations depending on the market conditions and regulatory requirements in different regions. Traders should be aware that the fees associated with trading on AgenaTrader may differ based on their geographic location and the type of financial instruments they choose to trade.
Customer Support
AgenaTrader offers comprehensive customer support to its clients.Clients can reach out to AgenaTrader through email, contact form and live chat.
Conclusion
In summary, AgenaTrader presents a range of trading opportunities with its vast selection of financial instruments and account options. However, the platform is not regulated. Additionally, the lack of leverage information on the official website could create transparency issues for traders. While AgenaTrader offers various tools and features for trading, potential users should carefully consider these drawbacks before deciding to utilize the platform for their investment needs.
Frequently Asked Questions (FAQs)
What financial instruments can I trade on AgenaTrader？
AgenaTrader offers over 1.5 million instruments across 150 global markets, including Stocks, ETFs, Futures, Options, Forex, CFDs, and Interest.
Does AgenaTrader offer demo accounts for practice？
Yes.
What trading tools does AgenaTrader offer？
Correlation Matrix, Chart Gallery, Dynamic Scanner, Trading Journal Pro, and Notifier.
How many global markets and currencies does AgenaTrader support？
AgenaTrader supports trading in 27 different currencies and across 150 global markets, offering traders a wide range of opportunities for diversification.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
2023-03-24 11:28
