This contrast guide helps individuals who struggle to choose between Amana Capital and OANDA to discover the best online broker for their trading and financial investment demands. It evaluates the main features of the two brokers side-by-side to assist individuals contrast their solution and make an educated choice.
To aid users select the appropriate broker in between Amana Capital and OANDA to discover the best-suited system, listed below is a listing of broker’s advantages and disadvantages, followed by a contrast of their major trading attributes, consisting of trading systems & tools, costs, mobile trading, down payment & withdrawal, assets, guideline, and client support.
Amana Capital vs. OANDA: 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.
OANDA is a reputable forex and CFD broker founded in 1996. It is regulated by seven tier-one regulators. [Note: This comparison is based on OANDA Corporation (US division), regulated by the CFTC and NFA. OANDA has multiple divisions with different regulatory bodies and conditions. Please refer to OANDA’s official resources for division-specific details at OANDA Divisions.] Their users have access to approximately 76 tradable instruments, including 68 forex pairs and 8 cryptos via Paxos. [Note: Instrument availability may vary by division.] Traders can choose between a proprietary platform (web and desktop version), MT4. Their trading platform has an intuitive design, offers automated trade execution, and multiple features for algorithmic trading. Market research features are powered by TradingView.
OANDA’s trading fees are above average compared to similar forex and CFD brokers like AvaTrade and Pepperstone. They charge an average spread of approximately 1.4 pips on EUR/USD for their standard account in OANDA Corporation (US division). [Note: Spreads may vary depending on market conditions, division, and account type, including different spreads for standard and premium accounts like Core Spread accounts.]
OANDA’s customer service in OANDA Corporation (US division) is available by email, live chat (chatbot), and phone, with initial filtering by a chatbot before connecting to an agent. [Note: Customer service availability and processes may vary by division.]
- 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
- Regulated by six top-tier authorities globally, ensuring high compliance standards.
- Offers 68 forex pairs and 8 cryptos in OANDA Corporation (US division).
- No minimum deposit required, accessible for all traders.
- Provides robust research tools with daily market updates.
- Supports automated trading via APIs and MetaTrader 4.
[Note: Offerings and benefits may vary by division.]
- Standard account spreads (e.g., 1.4 pips EUR/USD) are above industry average.
- Customer service response times can be slower than expected.
- Limited product range beyond forex and cryptos in OANDA Corporation (US division).
- Withdrawal fees apply for bank transfers (e.g., $20 in US division).
- No MetaTrader 5 access in OANDA Corporation (US division).
[Note: Drawbacks may vary by division.]
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
- OANDA Trade platform with TradingView charts for advanced analysis.
- Mobile app supports trading with real-time data and alerts.
- Educational resources include webinars, tutorials, and articles.
- Negative balance protection offered in certain divisions (e.g., EU).
- Core Pricing accounts (minimum $10,000) offer lower spreads with commission.
[Note: Features and availability differ by region.]
Amana Capital vs. OANDA Comparison
Select up to 3 Brokers
OANDA-old
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | |
| Charting Tools | |
| Conditional Orders | |
| cTrader | |
| Demo Account | |
| Desktop Platform | |
| Max Leverage | 1:50 |
| MetaTrader 4 (MT4) | |
| MetaTrader 5 (MT5) | |
| Mobile Version | |
| Mutual Fund Management | |
| Proprietary Platform | |
| Social/Copy Trading | |
| Trading Alerts | |
| Trading signals | |
| Watchlist | |
| Web Version |
Fees
| Withdrawal Fee | $20 + Fee |
| Deposit Fee | 0 |
| Inactivity Fee | $10 a month after 12 months |
| Cost Per Trade | 0 |
| Cost Per Month | 0 |
| Forex (EUR/USD) | 1.3 |
| Stocks & ETF | 0 |
| CFD (Gold) | 31 |
| Crypto | 0 |
| Options | 0 |
| Conversion Fees | 0 |
| Misc. Fees | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 |
| Bank Wire | |
| Credit/Debit Card | |
| Cash | |
| Check | |
| Islamic Account Transfer | |
| E-payments | |
| Paypal | |
| Skrill | |
| Neteller |
Assets
| Shares | 0 |
| ETF & Funds | 0 |
| Crypto | 0 |
| Commodities | 0 |
| Indices | 0 |
| Options | 0 |
| Futures | 0 |
| Bonds | 0 |
| Forex Instruments | 70 |
| CFD Indices & Funds | 12 |
| CFD Stocks | 0 |
| CFD Commodities | 35 |
| CFD Crypto | 0 |
| CFD Bonds | 3 |
| Binary Options | 0 |
| SWAPS | 0 |
| Saving Plans | 0 |
Research & Education
| Webinars | |
| Educational Resources | |
| Daily News Updates | |
| Market Indepth Analysis | |
| Pers. Training & Room | |
| Market Research |
Customer Support
| Phone | |
| Live Chat | |
| 24/7 support | |
| Multilingual | |
| Personal Account Manager |
Winner
Amana Capital vs. OANDA Comparison Conclusion
The results of our contrast of Amana Capital vs. OANDA are involved the table listed below.
| Broker: | Best For: |
| Amana Capital | High-leverage multi-asset trading |
| OANDA | Forex and CFDs |
Selecting the ideal option in between Amana Capital and OANDA can be hard. Both on-line brokers have similarities however differ regarding trading instruments, systems & apps, regulation, down payment & withdrawals, and research and education. Choosing the best broker relies on users’ trading & investment objectives, specific choices, and experience level.
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.