Amana Capital

Amana Capital

🟢 Tier 1 Regulated
7.3
/ 10
vs
IC Markets

IC Markets

🟢 Tier 1 Regulated
8.8
/ 10

Amana Capital vs IC Markets

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Amana Capital and IC Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Amana Capital, founded in 2010 and headquartered in Limassol, Cyprus, is regulated by CySEC, LFSA, FSA and offers spreads starting from 0.9 pips with a minimum deposit of $50. IC Markets, established in 2007 in Sydney, Australia, holds licenses from ASIC, CySEC, FSA with spreads from 0.0 pips and a $200 minimum deposit. In our hands-on testing across 8 scoring categories, IC Markets scored 8.8/10 overall compared to Amana Capital's 7.3/10, making it the stronger pick for most traders. That said, Amana Capital holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    IC Markets scores 8.8/10 overall vs 7.3/10 for Amana Capital — a 1.5-point difference.

  • 💵

    Amana Capital requires just $50 to start, while IC Markets needs $200 — Amana Capital is 4x more accessible.

  • 📈

    IC Markets offers 2,200+ instruments vs 200+ at Amana Capital — a massive gap in market coverage.

  • 🖥️

    Amana Capital runs on MT4, MT5, Amana App, while IC Markets uses MT4, MT5, cTrader — different ecosystems for different trading styles.

  • The biggest gap is in Trading Costs: IC Markets scores 9.5 vs 7.0 for Amana Capital — a 2.5-point difference.

Our Verdict

Amana Capital

Amana Capital

Score: 7.3/10 · Wins 0 categories
  • You prefer a low minimum deposit ($50)
  • You prefer Amana Capital's trading environment overall
🏆 WINNER
IC Markets

IC Markets

Score: 8.8/10 · Wins 7 categories
  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you

IC Markets takes the lead with an overall score of 8.8/10 compared to 7.3/10, winning in 7 out of 8 scoring categories. IC Markets stands out for lower trading costs and better trading platforms, while Amana Capital remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, IC Markets comes out ahead with a 8.8/10 overall rating, winning 7 out of 8 categories. Its strongest area is Trading Costs where it scores 9.5/10. IC Markets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Amana Capital is not without merit — it scores 7.3/10 overall and excels in Platforms & Tools (7.5/10). For a complete breakdown, read our full IC Markets review and Amana Capital review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Amana Capital
IC Markets
Trading Costs
7.0 9.5

IC Markets wins by 2.5 points

Platforms & Tools
7.5 9.0

IC Markets wins by 1.5 points

Regulation & Trust
7.5 9.0

IC Markets wins by 1.5 points

Education
7.0 7.0
Customer Service
7.5 8.0

IC Markets wins by 0.5 points

Research & Analysis
6.5 7.5

IC Markets wins by 1.0 points

Deposit & Withdrawal
7.5 8.5

IC Markets wins by 1.0 points

Product Range
7.0 8.5

IC Markets wins by 1.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.3/10
8.8/10
Min Deposit
Lower is better
$50
$200
Max Leverage
1:200
1:500
Spreads From
0.9 pips
0.0 pips
Platforms
MT4, MT5, Amana App
MT4, MT5, cTrader
Regulation
CySEC, LFSA, FSA
ASIC, CySEC, FSA
Founded
Older track record highlighted
2010
2007
Markets
200+
2,200+
Amana Capital: 0 IC Markets: 1
💰

Fees & Costs

🏅 Section Winner: IC Markets (7.0 vs 9.5)

When it comes to trading costs, IC Markets has the edge with a score of 9.5/10 versus 7/10 for Amana Capital. Amana Capital offers spreads starting from 0.9 pips, while IC Markets starts from 0.0 pips. The minimum deposit at Amana Capital is $50, compared to $200 at IC Markets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Amana Capital
7.0
IC Markets
9.5
Amana Capital: 0 IC Markets: 2
🖥️

Trading Platforms

🏅 Section Winner: IC Markets (7.5 vs 9.0)

IC Markets scores 9/10 for platforms compared to 7.5/10 for Amana Capital. Amana Capital provides MT4, MT5, Amana App, while IC Markets offers MT4, MT5, cTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Amana Capital
7.5
IC Markets
9.0
Amana Capital: 0 IC Markets: 3
🛡️

Regulation & Safety

🏅 Section Winner: IC Markets (7.5 vs 9.0)

Regulation is crucial for fund safety. Amana Capital is regulated by CySEC, LFSA, FSA (Tier 1), while IC Markets holds licenses from ASIC, CySEC, FSA (Tier 1). Amana Capital scores 7.5/10 and IC Markets scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

Amana Capital
7.5
IC Markets
9.0
Amana Capital: 0 IC Markets: 3
📚

Education & Research

For learning resources, Amana Capital leads with 7/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Amana Capital and IC Markets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Amana Capital
7.0
IC Markets
7.0
Amana Capital: 0 IC Markets: 4
🎧

Customer Support

🏅 Section Winner: IC Markets (7.5 vs 8.0)

Amana Capital offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while IC Markets provides 24/7 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Amana Capital
7.5
IC Markets
8.0
Amana Capital: 0 IC Markets: 5
💳

Deposit & Withdrawal

🏅 Section Winner: IC Markets (7.5 vs 8.5)

Amana Capital scores 7.5/10 for deposits and withdrawals, while IC Markets scores 8.5/10. Amana Capital accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and IC Markets supports Bank Transfer, Credit Card, PayPal, Skrill, Neteller, UnionPay. Processing times, fees, and available currencies vary. Amana Capital requires a minimum deposit of $50 versus $200 for IC Markets. Always check withdrawal conditions and any potential fees before funding your account.

Amana Capital
7.5
IC Markets
8.5

Which Broker Is Right for You?

Amana Capital

Choose Amana Capital if you...

  • You prefer a low minimum deposit ($50)
  • You prefer Amana Capital's trading environment overall
Visit Amana Capital
IC Markets

Choose IC Markets if you...

  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
Visit IC Markets

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Amana Capital better than IC Markets?

IC Markets scores higher overall (8.8/10 vs 7.3/10), winning 7 of 8 categories. However, Amana Capital remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, Amana Capital or IC Markets?

IC Markets scores higher for trading costs. Amana Capital offers spreads from 0.9 pips with a $50 minimum deposit, while IC Markets starts from 0.0 pips with $200 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Amana Capital safe to trade with?

Amana Capital is regulated by CySEC, LFSA, FSA and scores 7.5/10 for regulation. IC Markets is regulated by ASIC, CySEC, FSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Amana Capital or IC Markets?

IC Markets scores 9/10 for platforms. Amana Capital offers MT4, MT5, Amana App, while IC Markets provides MT4, MT5, cTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Amana Capital vs IC Markets?

Amana Capital requires a minimum deposit of $50, while IC Markets requires $200. Amana Capital has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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