This contrast overview aids customers that have a hard time to pick between Amana Capital and eToro to locate the best online broker for their trading and investment demands. It assesses the main features of both brokers side by side to assist customers contrast their solution and make an informed decision.<br>
To assist individuals choose the best broker in between Amana Capital and eToro to discover the best-suited platform, below is a listing of broker’s advantages and disadvantages, followed by a comparison of their primary trading functions, including trading systems & tools, charges, mobile trading, down payment & withdrawal, assets, law, and client support.
Amana Capital vs. eToro: Summary
Amana Capital is a multi-asset broker based in Dubai. It is regulated by two major financial regulators; the CySEC and the FCA. Users can access 54 forex pairs and over 5,500 other financial instruments, including stocks, indices, ETFs, bonds, precious metals, and commodities.
Amana Capital supports MetaTrader 4 and 5 and allows traders to trade with up to 1:500 leverage.
Amana Capital charges low spreads from 0.4 pips EUR/USD. The broker also charges overnight and short-selling margin fees. The broker doesn’t charge inactivity, currency conversion, or withdrawal and deposit fees.
Amana Capital’s customer support is available through email, phone, and live chat in English and Arabic.
eToro is a multi-asset brokerage company with the world’s biggest social trading community (over 30 million users). Their platform and mobile app features are easy to use for beginners and include an intuitive copy trading tool, simple buy & sell orders and free demo account. Users can trade with CFDs on major stocks, ETFs, forex, and cryptocurrencies.
eToro charges 0% commission on stocks, ETFs and cryptocurrencies. They charge an average spread of 0.9 pips on most forex pairs. eToro’s non trading fees are above average and include overnight, inactivity ($10/month) and currency conversion fees ($5/conversion).
Their customer support is available through email and live chat in Arabic and English.
- Low minimum deposit ($50)
- Low spreads from 0.4 pips EUR/USD
- Support for MetaTrader 4 and 5
- Mini and micro lot trading available
- Up to 1:500 leverage
- No non-trading fees
- Overwhelming platform features for beginners
- Tiered trading fee and commission model
- Low minimum deposit ($50)
- 0% commission stocks and ETF trading
- Easy to use mobile trading app and platforms
- Industry leading social/copy trading app
- Responsive customer support
- Algorithmic trading not available
- Forex and CFD fees above industry average
- Education and research tools missing
- Competitive spreads from 0.4 pips EUR/USD
- Compatible with MetaTrader 4 and 5
- Great research and educational materials
- Max leverage up to 1:500
- Micro-lot trading is available for beginner forex traders
- Representative offices in UAE
- Average trading fees
- Industry leading social/copy trading tool
- Easy buy/sell order types
- Crypto exchange & brokerage services
- Fast registration and KYC on-boarding process
- Multiple payment options
Amana Capital vs. eToro Comparison
Trading Platform & Tools
|MetaTrader 4 (MT4)|
|MetaTrader 5 (MT5)|
|Mutual Fund Management|
|Inactivity Fee||$10 a month after one year|
|Cost Per Trade||N/A|
|Cost Per Month||N/A|
|Forex (EUR/USD)||1.1 pip|
|Stocks & ETF||0|
|CFD (Gold)||5 pip|
Deposit & Withdrawal
|Minimum deposit (in UAE)||$50|
|Islamic Account Transfer|
|ETF & Funds||0|
|CFD Indices & Funds||250|
|Tier 1 License|
|Tier 2 License|
|Tier 3 License|
Research & Education
|Daily News Updates|
|Market Indepth Analysis|
|Pers. Training & Room|
|Personal Account Manager|
Amana Capital vs. eToro Comparison Conclusion
The outcomes of our contrast of Amana Capital vs. eToro are wrapped up in the table below.
|Amana Capital||High-leverage multi-asset trading|
|eToro||Stocks and ETFs & Social Copy Trading|
Selecting the ideal option in between Amana Capital and eToro can be tough. Both online brokers have similarities yet differ pertaining to trading tools, systems & applications, guideline, down payment & withdrawals, and research and education and learning. Picking the most effective broker depends on individuals’ trading & investment objectives, private choices, and experience degree.