Amana Capital vs. FXCM Comparison

This contrast guide helps customers who struggle to pick between Amana Capital and FXCM to discover the very best online broker for their trading and financial investment requirements. It analyzes the highlights of both brokers alongside to help individuals compare their solution and make an educated choice.

To assist individuals select the right broker in between Amana Capital and FXCM to discover the best-suited platform, below is a listing of broker’s pros and cons, complied with by a comparison of their primary trading attributes, consisting of trading platforms & tools, costs, mobile trading, deposit & withdrawal, possessions, regulation, and customer support.

Amana Capital vs. FXCM: Summary

Amana-Capital-logo

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.

FXCM logo

FXCM is a UK-based forex and CFD broker founded in 1999. They offer access to over 400 tradable instruments including 300 CFDs, 41 forex pairs and a handful of shares, indices, commodities, and cryptocurrencies. FXCM is regulated by four tier-one regulators including the FCA, the ASIC, the CySEC, and the FSCA.

FXCM offers a wide range of trading platforms including Trading Station (proprietary trading platform), MT4 and TradingView. Users also have access to various copy trading apps (NinjaTrader, ZuluTrade, and/or Capitalise AI), analysis reports by TradingCentral and 55 charting indicators.

FXCM charges a spread of 1.4pips (EUR/USD) without any commission on their standard account, which is above industry average. The broker doesn’t charge any deposit fees, but charges a $40 withdrawal fee and a $50 a year inactivity fee after 12 months of no login activity.

FXCM’s customer service is available 24/7 by email, phone, and live chat in English, Arabic, and several other languages.

Pros

  • 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

Cons

  • Overwhelming platform features for beginners
  • Tiered trading fee and commission model

Pros

  • Low minimum deposit ($50)
  • Average forex spread and 0% commission
  • Various algorithmic and copy trading tools (MT4, ZuluTrade, Trading View)
  • Detailed Trade execution reports (execution quality and slippage)
  • Feature rich mobile apps

Cons

  • Low amount of trading instruments
  • Relatively high trading and other fees

Key features

  • 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

Key features

  • Over 400 CFDs across various markets
  • Wide range of platforms (Trading Station, MT4, NinjaTrader, ZuluTrade)
  • Multiple order types availability
  • TradingView integration
  • Support for advanced, algorithmic, and copy trading
  • Regulated by 4 tier-one regulators

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Amana-Capital-logo

Amana Capital

FXCM logo

FXCM

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63% or 74% of retail CFD accounts lose money

BROKER COMPARISON

Amana-Capital-logo
FXCM logo

Overall rating

3,5/5

4,0/5

Overall rating

3,5/5

4,0/5

Trading Platform & Tools

3.0

4.7

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:400
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.5

3.4

See details
Withdrawal Fee 0 $40
Deposit Fee 0 0
Inactivity Fee 0 $50 per year after 12 months
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.4 0.2 pips
Stocks & ETF 0 0
CFD (Gold) 3.5 0.5 pips
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.5

2.5

See details
Minimum deposit (in UAE) $50.00 $300
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

2.0

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 54 45
CFD Indices & Funds 20 15
CFD Stocks 550 219
CFD Commodities 18 12
CFD Crypto 0 7
CFD Bonds 0 1
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.2

5.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Amana Capital vs. FXCM Comparison Conclusion

The outcomes of our comparison of Amana Capital vs. FXCM are wrapped up in the table listed below.

Broker:Best For:
Amana CapitalHigh-leverage multi-asset trading
FXCMForex and CFDs; Algorithmic trading

Selecting the appropriate choice between Amana Capital and FXCM can be tough. Both online brokers have similarities however differ relating to trading instruments, platforms & apps, law, deposit & withdrawals, and study and education. Selecting the most effective broker relies on individuals’ trading & investment objectives, private preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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