This comparison overview assists users who battle to select in between Amana Capital and Finq.com to discover the most effective online broker for their trading and investment requirements. It assesses the main features of the two brokers side-by-side to help individuals compare their service and make a notified choice.
To assist users pick the ideal broker between Amana Capital and Finq.com to find the best-suited system, listed below is a list of broker’s benefits and drawbacks, complied with by a contrast of their major trading functions, consisting of trading systems & devices, fees, mobile trading, deposit & withdrawal, assets, law, and client assistance.
Amana Capital vs. Finq.com: 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.
Finq.com is a CFD broker based in Israel. Although the broker is regulated by the FSA, it is not considered safe. Users can access 2,100 financial instruments, including CFDs on stocks, commodities, forex, ETFs, indices, cryptocurrencies, and bonds. Trading platforms are available as a web version and MT4 integration.
Finq.com trading fees are average compared to similar CFD brokers from the industry. They charge an average floating spread of 0,14 pips on EUR/USD and no commission on CFD trades. There are no additional trading or non-trading fees, such as inactivity, currency conversion, or deposit and withdrawal transaction fees.
Finq.com’s customer support is available by email (support@finq.com), live chat, and WhatsApp in Arabic and English.
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 ($100)
- Competitive spread from 0.14 pips (EUR/USD)
- No hidden fees
- Up to $4,000 welcome bonus for new traders
- $10,000 free demo account
Cons
- Limited regulation
- High minimum deposit of $100
- Lacks educational material and research resources
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
- Competitive trading fees
- Compatibility with MT4 and TradingCentral
- Access to over 2,100 financial instruments
- Free demo account availability
- Fast registration and KYC on-boarding process
- 24/5 support in English and Arabic
Amana Capital vs. Finq.com Comparison
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Amana Capital
Finq.com
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 300:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | $50 if no trades after 3 months |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.4 | 0.8 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 3.5 | 0.3 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $50.00 | $100.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| 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 | 55 |
| CFD Indices & Funds | 20 | 50 |
| CFD Stocks | 550 | 2000 |
| CFD Commodities | 18 | 19 |
| CFD Crypto | 0 | 4 |
| CFD Bonds | 0 | 5 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 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. Finq.com Comparison Conclusion
The results of our comparison of Amana Capital vs. Finq.com are involved the table listed below.
| Broker: | Best For: |
| Amana Capital | High-leverage multi-asset trading |
| Finq.com | CFD Trading With Welcome Bonuses |
Picking the right selection between Amana Capital and Finq.com can be challenging. Both online brokers have resemblances however differ pertaining to trading tools, systems & applications, regulation, deposit & withdrawals, and research and education and learning. Selecting the best broker relies on customers’ trading & financial investment goals, specific 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.