This contrast overview helps individuals that have a hard time to choose between Amana Capital and Interactive Brokers to discover the very best online broker for their trading and investment demands. It evaluates the main features of both brokers alongside to aid customers contrast their solution and make a notified choice.
To assist individuals select the right broker in between Amana Capital and Interactive Brokers to discover the best-suited platform, below is a checklist of broker’s advantages and disadvantages, followed by a comparison of their primary trading features, including trading platforms & devices, fees, mobile trading, deposit & withdrawal, assets, law, and consumer support.
Amana Capital vs. Interactive Brokers: 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.
Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.
Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).
- 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 ($0)
- Industry lowest overall fees
- Professional trading platform suitable for different types of traders
- Intuitive and easy to use mobile trading app
- Compatible features for casual and professional traders
- Responsive customer support
- Few deposit and withdrawal options
- Research and education materials missing
- Competitive spreads from 0.4 pips EUR/USD
- Compatible with MetaTrader 4 and 5
- Great research and educational materials
- Max leverage up to 1:500
- Micro-lot trading is available for beginner forex traders
- Representative offices in UAE
- Margin loan rates on stocks of 1.3%
- Access to 135+ global markets
- Advanced order types, tools and features
- Access to frictional shares
- Lowest commissions in the industry
Amana Capital vs. Interactive Brokers Comparison
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All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
Trading Platform & Tools
|MetaTrader 4 (MT4)|
|MetaTrader 5 (MT5)|
|Mutual Fund Management|
|Cost Per Trade||0|
|Cost Per Month||0|
|Forex (EUR/USD)||0.2 pips + 0.08 to 0.20 bps times trade size comission|
|Stocks & ETF||$ 0.005 per share|
|Crypto||0.12% to 0.18% of trade value|
|Overnight Fees||Yes on CFD’s|
Deposit & Withdrawal
|Minimum deposit (in UAE)||$0|
|Check||YES from US bank account|
|Islamic Account Transfer|
|ETF & Funds||35.000|
|CFD Indices & Funds||13|
|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. Interactive Brokers Comparison Conclusion
The results of our contrast of Amana Capital vs. Interactive Brokers are involved the table below.
|Amana Capital||High-leverage multi-asset trading|
|Interactive Brokers||Stocks and ETFs|
Picking the best option in between Amana Capital and Interactive Brokers can be hard. Both online brokers have resemblances however differ concerning trading tools, systems & applications, regulation, deposit & withdrawals, and study and education. Picking the best broker depends upon users’ trading & investment goals, individual choices, and experience degree.