Amana Capital vs. XM Comparison

This contrast guide helps customers that struggle to choose in between Amana Capital and XM to locate the most effective online broker for their trading and financial investment requirements. It assesses the highlights of both brokers alongside to assist users contrast their solution and make an educated choice.

To assist users pick the right broker between Amana Capital and XM to find the best-suited system, below is a list of broker’s advantages and disadvantages, adhered to by a comparison of their primary trading features, including trading systems & devices, fees, mobile trading, deposit & withdrawal, assets, policy, and client support.

Amana Capital vs. XM: 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.

XM logo

XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

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

  • Very good customer support
  • Very competitive trading fees
  • Good choice of different trading platforms

Cons

  • Could have more deposit and withdrawal options

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 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software

Amana Capital vs. XM Comparison

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Amana-Capital-logo

Amana Capital

XM logo

XM

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BROKER COMPARISON

Amana-Capital-logo
XM logo

Overall rating

3,5/5

4,1/5

Overall rating

3,5/5

4,1/5

Trading Platform & Tools

3.0

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:888
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

4.1

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.4 1.6 pips
Stocks & ETF 0 0,1% – (min $5)
CFD (Gold) 3.5 3 pips
Crypto 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.0

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.5

3.8

See details
Minimum deposit (in UAE) $50.00 $5
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

2.8

See details
Shares 0 100
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 55
CFD Indices & Funds 20 14
CFD Stocks 550 1286
CFD Commodities 18 14
CFD Crypto 0 5
CFD Bonds 0 0
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. XM Comparison Conclusion

The outcomes of our comparison of Amana Capital vs. XM are involved the table below.

Broker:Best For:
Amana CapitalHigh-leverage multi-asset trading
XMResearch & Education

Selecting the appropriate option between Amana Capital and XM can be challenging. Both on-line brokers have resemblances yet vary concerning trading tools, platforms & applications, policy, down payment & withdrawals, and study and education. Picking the most effective broker depends upon users’ 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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