| General Information | |
|---|---|
| Broker Name: | BROKERAGEA |
| Broker Type: | Forex & CFD |
| Country: | / |
| Operating since year: | 2021 |
| Regulation: | / |
| Address: | / |
| Broker status: | Active |
| Customer Service | |
| Phone: | +18008280295 |
| Email: | info@brokeragea.com |
| Languages: | English |
| Availability: | 24/5 |
| Trading | |
| The Trading platforms: | Proprietary |
| Trading platform Time zone: | / |
| Demo account: | No |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | No |
| Other trading instruments: | Yes |
| Account | |
| Minimum deposit: | $1000 |
| Maximal leverage: | 1:400 |
| Spread: | Floating |
| Scalping allowed: | Yes |
CONTENT
BROKERAGEA is a new midrange broker with a wide selection of CFD and forex markets for customers to trade. The firm started operating recently and has been trying to make it in the cutthroat online brokerage world. Although new brokers often fall through, they’re always exciting, as competition is always welcome in investing. However, BROKERAGEA shows more promise than the average new broker that isn’t sure what it’s doing. Our BROKERAGEA review will provide you with some insight about the company and help you decide whether to use it.
As always, we’ll start by presenting the first impression we got from visiting brokeragea.com. As we already said, it shows more promise than the average new broker, with more polish and smoothness. Admittedly, that doesn’t say a lot, as new brokerage websites are commonly trainwrecks. However, the realization that BROKERAGEA is more than a company chasing a quick profit hits you immediately.
The web pages and sections are logical and easy to access, meaning it’s simple to find what you need. That cuts down on the time you need to inspect the broker, which is quite convenient and improves the user experience. Also, it lends an air of trustworthiness to the broker straight away, as it has a different feel from scam brokers. Admittedly, it does lack some info we’d like to see, but the mistake is nothing to major. The overall quality of BROKERAGEA makes us tend to chalk that up to the firm being new.
So there’s no doubt that our BROKERAGEA broker review is off to a good start. Unlike many new brokers, the firm looks worth considering straight away. Here are some interesting qualities that BROKERAGEA has:
One of the primary advantages of using BROKERAGEA is access to its massive asset library. Namely, the entire count comes up to over 1200 different trading products you can use to trade and invest. That minimizes the chance of you missing an opportunity due to an asset not being preset in a broker’s catalogue. Another advantage is that the average asset quality jumps, as you can always choose one of the top-tier trading instruments. Lastly, essential skills such as portfolio diversification also become simple because the necessary variety is definitely present.
Another advantage of using BROKERAGEA is the free education it provides to all of its customers. The initial steps in the investment world are among the most difficult, so such features go a long way. They’re especially welcome since the initial price can be daunting for new traders. BROKERAGEA’s educational features go a long way towards making its service more welcoming and more usable to first-timers and new traders.
Lastly, we’d like to mention that the broker realizes the importance of speed in its service. As such, it made sure to eliminate as much of the usual wait times and delays as possible. That includes many things, but one of the primary ones is cutting out funding and withdrawal delays. With many brokers, you need to wait days to get money in and out of your account, potentially causing you to miss opportunities. However, with BROKERAGEA that’s not an issue, as all transactions are as quick as possible to process.
Safety should always be one of your primary concerns when choosing a new brokerage. The initial deposits you usually put in are already hefty, and if you’re skilled, you can multiply that while trading. As such, you stand to lose a lot of money if a broker suddenly decides to act dishonestly. Luckily, brokers seldom act suddenly in such situations, and there are multiple warning signs you can spot. Spotting scam brokers requires a detailed inspection, but spending that time is well worth it.
Luckily, although the process can be somewhat complicated, we do it for you. Security was a crucial part of our BROKERAGEA review, and we’re glad to say the firm passed our inspection. For starters, as we stated earlier, it simply doesn’t feel like a scam broker once you enter its website. Now, we’re aware that such a statement is quite weak, but it’s not entirely dismissable. If you’ve been around brokerages for a while, you start to notice if a firm feels suspicious before even inspecting further.
However, let’s move onto more concrete evidence in that the company lacks any malicious clauses in their legal documents. That’s where scammers usually hide the things that make their schemes “valid.” Also, the impressions about the brokerage seem overall positive, and we found no mishaps on the broker’s side.
Overall, the broker has shown no ill intent and we have no basis of suspecting them. Additionally, the firm utilizes encryption and verification features to protect user accounts from outside attacks. Although some security features seem to be missing, the firm does better than most new brokerages. As such, our BROKERAGEA broker review gets a solid security score.
BROKERAGEA is careful to include features that both new and experienced traders can enjoy, including their accounts. The setup is the one that’s standard for most online brokerages, with account levels depending on cumulative investments. That allows traders to pick an account they’re comfortable with financially, knowing they can always upgrade at a later point. Additionally, it allows for natural transitions, where they happen simply due to cumulative investments.
The setup does have some downsides, primarily for traders that enjoy specific trading methods. However, there’s no denying that the setup is standard for a reason. It creates a more balanced experience and allows for better universal trading. Here are some of the account features you can expect at brokeragea.com:
We praised the broker’s security earlier in our BROKERAGEA review, but trading features are just as important. Luckily, the firm set up a solid set of features that lets its users be competitive when trading and investing. That all starts from an excellent and inexpensive fee structure, with tight spreads and no hidden charges. That minimizes expenses on the user side and allows for a transparent trading experience. On top of that, the leverage is high at 1:400, which is enough for beneficial margin trading.
We already mentioned the excellent funding earlier in our brokeragea.com review, so there’s no need to reiterate. The account typing is solid, as we just went over, and should please most potential customers. We also already spoke about the broker’s excellent asset variety so that’s a moot point as well. The last thing we’d like to mention is its proprietary platform, which we enjoy but some traders might be wary of.
As we just mentioned a moment ago in our BROKERAGEA review, the firm uses a proprietary platform. Now, while some users might not enjoy it, we didn’t find it lacking in any way. There’s no doubt it’s vastly different than the usual poorly-made platforms some scam brokers utilize for the lack of a better alternative. It has all the options you’re used to if you’re an advanced trader and lacks the downside of dated platforms. Naturally, it’s available in all three popular variations, web, downloadable, and mobile.
It’s unfortunate that the broker lacks a demo account that traders could use to inspect the platform. That might make some overly cautious, and we couldn’t put too much blame on them. However, that’s a minor correction BROKERAGEA could make in the future.
We’ve praised the broker’s asset multiple times in our BROKERAGEA review, so there’s not much left to say. The 1200 trading products are almost the primary reason to use BROKERAGEA, and they improve trading significantly. Diversification is simple, and the quality of the average asset you’ll pick up is higher. Here’s a list of the trading instrument classes at brokeragea.com:
Customer support is a crucial part of the brokerage experience since, unfortunately, problems often come up in online services. You see a lot of leading brokerages suffering from success in that they get so big they can’t handle users. In turn, that creates dissatisfaction and prompts some customers to leave for competitors. Luckily, BROKERAGEA didn’t make that mistake, instead creating an entirely satisfactory customer support team. They speak multiple languages, and you can reach the team via email, phone, or live chat.
Phone: +18008280295
Email: info@brokeragea.com
From our BROKERAGEA review, you could have already concluded that we like the broker. It has a wide set of conditions that all serve to improve the user experience by a wide margin. Compared to other newbie brokers, it’s definitely a step above. Naturally, that’s not to say the broker doesn’t have any flaws. However, what we have here is a firm that’s quite competent in what it’s doing.
Our suggestion is that you give the broker a shot. It has the technical capabilities to please most traders, and few will leave disappointed. BROKREAGEA looks like a serious competitor and we’re eager to see how it grows.
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