Templer FX vs Amega

Templer FX vs Amega Comparison Table 2023
Templer FX Review 2023 Amega Review 2023
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United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Templer FX is an unregulated, offshore forex and CFD broker founded in 2004. The brokerage offers a small range of assets on the MetaTrader 4 or proprietary platform, with high leverage up to 1:2000 and micro-lot trading. As an ECN broker, the brand aims to provide ultra-low trading costs and fast execution, making it an attractive choice for active traders.

Amega is an offshore STP broker offering CFD trading on forex, stocks, indices and commodities with very high leverage up to 1:1000 and a zero-commission pricing structure. Traders access markets through the MT5 platform and can test the broker's services through a demo account.

Bonus Offer
$30 No Deposit Welcome Bonus
Comment by Reviewer
"Templer FX will appeal to traders looking for a cent account and very high leverage up to 1:2000. The $1 minimum deposit also makes it accessible for beginners." "Amega is a good option for traders seeking commission-free CFDs with tight spreads on the MT5 platform. We also rate the fast execution speeds of 0.1s which will appeal to active day traders."
Pros
  • ECN broker with competitive spreads from 0.1 pips, no commissions and fast execution
  • A range of promotions on offer, including a loyalty bonus and no-deposit bonus
  • Both trading platforms support Expert Advisors and custom indicators
  • Responsive customer support team based on tests
  • Decent range of fast and free deposit methods
  • Low minimum deposit of $1
  • Fast transaction times
  • Flexible payment options include crypto and international banking options
  • Competitive commission-free trading with spreads from 0.8
  • Full range of investments including cryptocurrencies
  • Low minimum deposit for beginners at $20
  • Swap-free Islamic trading profiles available
  • Free demo account
Cons
  • Offshore and unregulated
  • US, UK and EU clients not accepted
  • Narrow range of assets compared to other brokers
  • Unreasonable conditions for the 'segregated accounts' service
  • Below average selection of education resources
  • €50 fee for bank transfer withdrawals
  • The broker is not regulated by a trusted financial authority
  • Only one platform is available with limited educational materials
  • No MetaTrader 4 integration
  • Copy trading not available
  • Costly withdrawal fees
Instruments
Forex, CFDs, indices, shares, metals, energies, cryptocurrencies CFDs, Forex, Shares, Indices, Commodities, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$1 $20
Trading Platforms
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android, Blackberry iOS & Android
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
MT5
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
Stock Exchanges
Commodities
CFD Trading
Templer FX offers a modest suite of CFDs compared to other brands, covering shares, commodities, indices and cryptos. The good news is that you can start with as little as $1 and there are no commissions. Trade CFDs on 100+ instruments from popular asset classes. Leverage up to 1:200 is available on precious metals, while stocks, indices and energies can access 1:20 max leverage and 1:10 for commodities. On the negative side, the depth of assets is limited vs other CFD brokers.
Leverage
1:2000 1:1000
FTSE Spread
1.0 From 0.8 pips
GBPUSD Spread
0.8 From 0.8 pips
Oil Spread
2.0 From 0.8 pips
Stocks Spread
Variable From 0.8 pips
Forex Trading
Trade 30+ forex pairs with competitive spreads averaging 0.5 pips for EUR/USD. You can also access very high leverage up to 1:2000, though we urge caution when using unregulated brokers. Trade 70+ major, minor and exotic forex pair CFDs with up to 1:1000 leverage, no commission fees and competitive spreads from 0.8 pips. FX trades can also be executed via the reliable and fast MetaTrader 5 software.
GBPUSD Spread
0.8 From 0.8 pips
EURUSD Spread
0.5 From 0.8 pips
EURGBP Spread
1.1 From 0.8 pips
Assets
32 70+
Cryptocurrency
Traders can access popular cryptocurrencies, though the selection is not as wide as competitors. There is also the broker's Bitcoin account, where you can start with as little as 0.000001 BTC. Trade popular digital tokens against fiat currencies. Go long or short on Bitcoin and get 24/7 instant cashback when you trade in high volumes. However, traders looking for low-cap tokens should look at alternative brokers.
Spread
Floating From 0.8 pips
Coins
  • BTC
  • LTC
  • ETH
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Templer FX
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Amega
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