Amana Capital vs. Olymp Trade Comparison

This contrast guide assists users that struggle to pick between Amana Capital and Olymp Trade to locate the very best online broker for their trading and financial investment requirements. It analyzes the main features of both brokers side by side to aid customers contrast their solution and make an educated choice.

To help users choose the ideal broker in between Amana Capital and Olymp Trade to find the best-suited platform, below is a listing of broker’s benefits and drawbacks, adhered to by a comparison of their primary trading features, including trading platforms & devices, costs, mobile trading, down payment & withdrawal, possessions, regulation, and client assistance.

Amana Capital vs. Olymp Trade: 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.

Olymp-Trade-logo

Olymp Trade is a multinational binary options broker based in Saint Vincent and the Grenadines. It is not regulated by any tier-one regulator and is not considered safe. Users can trade on various markets, including 35 forex pairs, 12 cryptocurrencies, 10 indices, 4 metals, 2 energies, and 12 stocks. Additionally, users can invest in stocks or speculate on options.

Olymp Trade trading fees are above average compared to similar brokers from the industry, like IQ Option and AvaTrade. They charge low spreads from 0.8 pips EUR/USD and $4 commission per lot on its ECN accounts. Payouts on options are 86.5%. The broker doesn’t charge non-trading or inactivity fees.

Olymp Trade’s customer support is available through email and live chat.

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 ($10)
  • Competitive forex spreads (0.8 pips EUR/USD)
  • Compatibility with MT4 and TradingView
  • Broad range of financial instruments
  • High payouts on options (86.5%)

Cons

  • Higher account tiers come with more benefits
  • Non-transparent overnight fees and margin requirements
  • Limited advanced charting and trading tools

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

  • Access to 65 + forex currency pairs
  • Compatibility with MT4 and TradingView
  • Zero commission stock trading
  • Wide range of available payment methods
  • Low trading fees and high binary option payouts
  • Bonuses of up to 100%

Amana Capital vs. Olymp Trade Comparison

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Amana-Capital-logo

Amana Capital

BROKER COMPARISON

Amana-Capital-logo
Olymp-Trade-logo

Overall rating

3,5/5

2,9/5

Overall rating

3,5/5

2,9/5

Trading Platform & Tools

3.0

2.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 500:1
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 0
Deposit Fee 0 0
Inactivity Fee 0 $10 if no trades in a month
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.4 1.1
Stocks & ETF 0 0
CFD (Gold) 3.5 20
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.0

2.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.5

4.5

See details
Minimum deposit (in UAE) $50.00 $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

2.7

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 39
CFD Indices & Funds 20 21
CFD Stocks 550 40
CFD Commodities 18 6
CFD Crypto 0 21
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

2

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.2

1.2

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

Customer Support

3.5

3.2

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

Winner

Amana Capital vs. Olymp Trade Comparison Conclusion

The results of our contrast of Amana Capital vs. Olymp Trade are involved the table listed below.

Broker:Best For:
Amana CapitalHigh-leverage multi-asset trading
Olymp TradeBinary Options

Selecting the appropriate choice in between Amana Capital and Olymp Trade can be hard. Both on the internet brokers have resemblances however differ pertaining to trading instruments, systems & apps, regulation, down payment & withdrawals, and research study and education. Selecting the best broker relies on users’ trading & financial investment objectives, specific preferences, 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.

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