Amana Capital vs. Naga Comparison

This comparison guide helps users who struggle to choose in between Amana Capital and Naga to locate the most effective online broker for their trading and investment needs. It analyzes the highlights of both brokers side by side to aid customers compare their service and make an educated decision.

To aid individuals choose the appropriate broker in between Amana Capital and Naga to discover the best-suited platform, below is a listing of broker’s pros and cons, adhered to by a comparison of their primary trading features, including trading platforms & tools, costs, mobile trading, deposit & withdrawal, possessions, guideline, and client support.

Amana Capital vs. Naga: 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.

naga-logo

NAGA is a forex and CFD broker regulated by two tier-one regulators (the CySEC and BAFIN). They offer users access to over 1,000 financial instruments including forex currencies, shares, cryptos, commodities, ETFs and indices. Naga users can choose between various platforms including its own proprietary platform and MetaTrader 4 and MetaTrader 5. The broker additionally offers social trading features, which makes it a common choice among beginner traders.

Naga’s trading fees are average compared to other forex and CFD brokers (Pepperstone, AvaTrade and eToro). The broker also features an extensive education section which includes the NAGA Academy, NAGA Learn, and the Currencies Encyclopedia.

NAGA’s customer support is available through email and live chat in English, Arabic, and over 10 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

  • Access to 1,000 + financial instruments
  • Compatible with MT4, MT5 and TradingCentral
  • Up to 1:30 leverage
  • Excellent copy trading features
  • Fast account opening

Cons

  • High fees on forex and CFDs
  • Not DFSA-regulated

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

  • 1,000 + financial instruments including crypto and NFTs from one account
  • Various trading platforms (MT4, MT5, TradingCentral, AlgoTrader)
  • Copy trading features
  • Two tier-one licenses (CySEC and BaFIN)
  • Instant withdrawals to e-wallets and crypto wallets
  • Up to 1:30 leverage

Amana Capital vs. Naga Comparison

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BROKER COMPARISON

Amana-Capital-logo
naga-logo

Overall rating

3,5/5

3,7/5

Overall rating

3,5/5

3,7/5

Trading Platform & Tools

3.0

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 30:1
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

3.5

See details
Withdrawal Fee 0 $5.00
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.4 1.7
Stocks & ETF 0 $6 per trade
CFD (Gold) 3.5 45
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.0

4.6

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.5

2.8

See details
Minimum deposit (in UAE) $50.00 $250.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

2.8

See details
Shares 0 375
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 49
CFD Indices & Funds 20 31
CFD Stocks 550 448
CFD Commodities 18 7
CFD Crypto 0 32
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

3.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.2

4.1

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

Customer Support

3.5

3.9

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

Winner

Amana Capital vs. Naga Comparison Conclusion

The results of our contrast of Amana Capital vs. Naga are wrapped up in the table below.

Broker:Best For:
Amana CapitalHigh-leverage multi-asset trading
NagaForex and CFDs; Social trading

Choosing the right selection between Amana Capital and Naga can be challenging. Both on-line brokers have resemblances but vary pertaining to trading instruments, systems & applications, law, deposit & withdrawals, and research and education. Selecting the best broker depends on users’ trading & investment goals, individual choices, 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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