FAQ

AmigaFX is an online financial trading platform and, unlike any other forex brokers, we establish a milestone toward achieving a brand new trend - social network system in the forex community. Apart from our highest standard trading conditions, it is our innovative platform that will really knock your socks off.

Not to mention that AmigaFX is for all types of traders from experienced professionals to day traders, particularly new traders who just came to find the world of forex would be the most suitable in our Simple & Powerful trading platform.

Very easy, starting the platform is a matter of one click of the mouse. You can find our online WebTrader on the home page and just click it, and then you can already trade in AmigaFX, no download required.

With WebTrader you can choose Practice Account and Real account. In addition, different types of trading accounts are offered to traders depending on their trading volumes and needs.

You can also have a LIVE chat with other traders while watching your ongoing trades in the platform.

Find out more about AmigaFX WebTrader.

As one of the eToro group members, AmigaFX is proudly allowed to provide its valued clients with OpenBook - the most innovative social network in finance.

At OpenBook, you can See, Follow and Copy the forex trades made by our successful traders. Not only that, you can also Share your trades with others. Therefore, whether you are new or experienced in financial trades there is something you can enjoy at OpenBook. Same as other SNSs, Sharing the wisdom and knowledge is the essential point for social network community.

Find out more about AmigaFX OpenBook.

No, we do not request any documentation for opening an AmigaFX trading account. However, you may be asked to provide documents once your trading volume reaches a certain level, or once you would like to withdraw your funds from your trading account.

Yes, you can use our unlimited virtual funds in your practice account. It is important for AmigaFX to keep you practicing your forex trading for skill-up purposes for so long as you get satisfied and confident enough to trade in real account, therefore you can always get more practice funds whenever running out.

Once your initial 10,000 virtual credits have run out, your practice balance will be automatically refilled thus you can keep trading in our practice mode indefinitely.

Not necessarily. However we usually recommend our new traders to try out in the practice trading in order to understand how the WebTrader trading system works. In practice account, you can also use our live chat system.

You can start trading with as low as $50 in AmigaFX. Please note that you also have a chance to acquire up to $10,000 bonus on your first deposit as a new trader, thus, make the most advantage of this amazing opportunity to get some extra trading bonuses.

AmigaFX offers you the option of funding your account through a variety of payment methods, so rest assured that you find one that suits you the most. You can fund your account by credit card (Visa, MasterCard, Diners), wire transfer, PayPal, Neteller, Moneybookers, Western Union, WebMoney and MoneyGram.

Yes, we use the SSL (Secure Socket Layer) technology for securing our transaction servers and advanced encryption technology for data transfer to ensure that our traders' funds are untouchable.

It varies depending on your payment method. If you deposit with a credit card, PayPal, or Neteller your account is credited immediately. With payment methods such as wire transfer, Western Union, or MoneyGram, your account is credited the moment the processor approves the transfer.

AmigaFX gives the biggest bonus in the forex industry. The first deposit bonus gives you an opportunity to receive up to $10,000 in extra trading cash based on the amount of your first deposit. Simple rules applied, the more you deposit, the bigger your bonus is! Keep in mind, you will only get this bonus once, so make it count.

We offer a range of leverages from as low as 1:5 to as high as 1:400, so you can trade with the leverage that you are most comfortable with. Keep in mind, leverage must be used cautiously with a fully understanding about the fact that the higher leverage makes your risk higher too.

In order to join the challenge, all you have to do is find the trading challenge tab (on the right-side of the WebTrader) and click on the "Join Now" button. Once you have joined, you can review your rank and the top ten rankings in the same tab. Remember, even though practice traders can win actual cash prizes, real trading challengers win much bigger prizes.

No, we do not charge any commissions or fees on your trades. The revenues for AmigaFX come strictly from the spreads (the difference between the Ask and the Bid prices of a currency pair) which are extremely low.

No, we do not charge any fees for keeping a position open overnight. However, we do charge a small fee if you want to leave your trade open over the weekend while the trading markets are closed.

Please make sure that all of your details are filled out correctly and try again. If the error message is about your email address already existing although you are a new trader, then you may have already signed up with one of our subsidies. In this case, please user a different email address.

24 hours/5 days, you can get in touch with our support team by email, direct phone or by live chat every Monday to Friday.

Yes, we have a plenty of periodical promotions which we will certainly notify you about in advance. Make sure to check your email and to log in frequently to your trading account as we notify inside the WebTrader too.