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amana , VPFX Broker Comparison
Do you want to know which is the better broker between amana and VPFX ?
In the table below, you can compare the features of amana , VPFX side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
6.67
Regulated
Under guarantee
10-15 years
CYSEC,DFSA,CMA,FCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Standard Account
360+
$50
--
--
0.00
--
--
--
2.3
Not Regulated
Under guarantee
--
5-10 years
--
fasapay,Skrill,Neteller,VISA,MASTER,Wire Transfer
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ELITE,VIP,STANDARD
--
$25000/Equivalent
1:200
FROM 0.0
20.00
--
--
--
amana 、 VPFX BrokerRelated News
BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do amana-capital and vpfx have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
amana-capital
| amana Review Summary | |
| Founded | 2021 |
| Registered Country/Region | United Arab Emirates |
| Regulation | DFSA, CMA, LFSA, BDL (Revoked), SCA (Exceeded), CYSEC/FCA (Suspicious Clone) |
| Market Instruments | 6,000+, Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, Metals |
| Demo Account | / |
| Leverage | Up to 1:100 |
| Spread | 70% Lower Spread |
| Trading Platform | amana App, amana Web, MT4, MT5 |
| Minimum Deposit | / |
| Customer Support | Live chat |
| Email: support@amana.app | |
| Social Media: Facebook, Twitter, Instagram, YouTube, LinkedIn, TikTok, Messenger, Telegram, WhatsApp | |
amana Information
Based in the United Arab Emirates, Amana is an online trading platform, offering 6,000+ tradable products, including Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, and Metals. It claims to offer leverage up to 1:100 and a spread 70% lower. This company holds multiple licenses from various authorities, while most of the licenses are effective, some of the licenses are revoked, exceeded, or suspected to be a fake clone.
Pros and Cons
| Pros | Cons |
| Various market offerings | Some licenses are exceeded, revoked or suspected to be a fake clone |
| No commissions | |
| MT4 and MT5 supported | |
| Three account types | |
| Various payment methods | |
| Live chat support |
Is amana Legit?
amana operates under various regulatory frameworks across different jurisdictions. However, when it comes to regulatory status, while most entities are regulated, some have had their licenses revoked or are flagged as “Suspicious Clone” by certain authorities.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Dubai Financial Services Authority (DFSA) | Regulated | Amana Financial Services (Dubai) Limited | Retail Forex License | F003269 |
 | Capital Markets Authority LEBANON (CMA) | Regulated | Amana Capital SAL | Retail Forex License | 26 |
 | BANQUE DU LIBAN (BDL) | Revoked | Amana Capital S.A.L. | Financial Service | 60 |
 | Labuan Financial Services Authority (LFSA) | Regulated | AFS Global Limited | Straight Through Processing (STP) | MB/18/0025 |
 | Securities and Commodities Authority (SCA) | Exceeded | Amana Mena Promotional Services L.L.C | Investment Advisory License | 20200000255 |
 | Cyprus Securities and Exchange Commission (CySEC) | Suspicious Clone | Amana Capital Ltd | Market Maker (MM) | 155/11 |
 | Financial Conduct Authority (FCA) | Suspicious Clone | Amana Financial Services UK Limited | Straight Through Processing (STP) | 605070 |
What Can I Trade on amana?
amana asserts to offer over 6,000 types of market instruments, including Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, and Metals.
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stocks | ✔ |
| cryptocurrencies | ✔ |
| ETFs | ✔ |
| bonds | ❌ |
| options | ❌ |
| funds | ❌ |
Account Type
There are three types of car available on this platform, Meta Trader 4 (Hedged), Meta Trader 5 (Hedged), and Meta Trader 5 (Netting), each comes with different trading conditions.
| Account Type | MetaTrader 4 (Hedged) | MetaTrader 5 (Hedged) | MetaTrader 5 (Netting) |
| Trading Assets | 100+ assets | 3,700+ assets | 3,700+ assets |
| Expert Advisors for automated trading | ✔ | ✔ | ✔ |
| Advanced indicators and analysis tools | ✔ | ✔ | ✔ |
| Multi chart support | ✔ | ❌ | ❌ |
| One-click trading | ❌ | ✔ | ✔ |
| Ticket-based trading | ✔ | ✔ | ✔ |
| MENA exchange-traded stocks | ❌ | ✔ | ✔ |
| US exchange-traded stocks | ❌ | ❌ | ❌ |
| Fractional trading | ❌ | ❌ | ❌ |
| Net-based positions | ❌ | ❌ | ✔ |
Leverage
Amana offers distinct leverages based on the asset class. 1:100 is the maximum leverage on this platform. Traders can contact the customer support team to request more leverage.
| Asset Classes | Standard Leverage | High Leverage |
| Major Forex | 25x | 100x |
| Minor Forex | 20x | |
| Gold | ||
| Silver | 10x | |
| Index Future Derivatives | 20x | |
| Energy Futures Derivatives | 10x | 50x |
| Commodity Futures Derivatives | 25x | |
| Spot Index Derivatives | 20x | 20x |
| Spot Energy Derivatives | 10x | 50x |
Fees
The spread on this platform is committed to being 70% lower. According to amana, traders are allowed to enjoy commission-free on all assets.
However, amana charges overnight financing fees on US Stock Derivatives (OTC), US ETFs derivatives, Regional stock Derivatives, Leveraged crypto, Forex Derivatives (OTC), International Stock derivatives (OTC), and Spot market derivatives (OTC).
Plus, amana charges a clearing fee on Regional stocks (exchange traded/OTC) and Regional stock derivatives (OTC).
Trading Platform
Traders on this platform get access to amana App, which is an all-in-one trading app that grants access to 5,500+ commission-free assets across global and regional markets. From stocks, cryptocurrencies, forex, metals, and indices to ETFs, commodities, and more.
In the meantime, amana also provides access to MT4 and MT5, which are popular trading platforms widely used for forex, CFDs, and other financial markets trading.
- MT4 is simpler and highly popular for forex trading.
- MT5 offers more advanced features, supports more markets, and is more flexible for algorithmic trading.
| Trading Platform | Supported | Available Devices | Suitable for |
| amana App | ✔ | Desktop, Mobile, Web | / |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
Deposit and Withdrawal
These are the payment options available on this platform: Visa, Mastercard, amana Prepaid Card, Apple Pay, Wire Transfer, UAE instant banking, Neteller, Whish Money (Lebanon), Skrill, and digital currencies.
Amana claims that traders can enjoy zero fees on all card deposits and withdrawals.
vpfx
| VPFX Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Malaysia |
| Regulation | LFSA |
| Market Instruments | Forex, precious metals, energies, indices, shares |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 1.2 pips (Standard account) |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | 24/5 live chat |
| LABUAN, MALAYSIA Customer Support | Tel: +60154 600 0110 |
| Email: customerservice@vpfx.net | |
| Company address: Kensington Gardens, No U1317, Lot 7616, Jalan Jumidar Buyong, 87000 Labuan F.T, Malaysia | |
| DUBAI, U.A.ECustomer Support | Tel: +971 4325 1188 |
| Email: customerservice@vpfx.net | |
| Company address: 3101, Latifa Tower Trade Centre First, Dubai, United Arab Emirates | |
| Regional Restrictions | Afghanistan, Cote dIvoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Syria, and Yemen |
Founded in 2020, VPFX is a Malaysian broker trading with forex, precious metals, energies, indices, and shares. The leverage is up to 1:1000, the minimum deposit is $100, and the spread is as low as 0.0 pips. Investors can trade on MT5 and register a demo account to practice. VPFX offers 24/5 live support.
Pros and Cons
| Pros | Cons |
| LFSA regulation | Regional restrictions |
| Various trading products | |
| Multiple account types | |
| Demo accounts | |
| MT5 support | |
| Popular payment options | |
| No deposit/withdrawal fee | |
| 24/5 live chat |
Is VPFX Legit?
Yes, VPFX is regulated by Labuan Financial Services Authority (LFSA).
 | Labuan Financial Services Authority (LFSA) |
| Current Status | Regulated |
| Regulated by | Malaysia |
| Regulated Entity | Ventura Prime FX Limited |
| License Type | Straight Through Processing (STP) |
| License No. | MB/20/0046 |
What Can I Trade on VPFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Standard | $100 or equivalent |
| VIP | $10,000 or equivalent |
| Elite | $25,000 or equivalent |
VPFX Fees
| Account Type | Spread From | Commission |
| Standard | 1.2 pips | ❌ |
| VIP | 0.7 pips | ❌ |
| Elite | 0.0 pips | 4 |
Leverage
| Account Type | Max Leverage |
|---|---|
| Standard | 1:1000 |
| VIP | 1:500 |
| Elite | 1:200 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, iPhone | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
| Payment Method | Min Deposit | Fee | Processing Time |
| Bank wire transfer | 100 USD/AED | ❌ | 2-4 Working Days |
| VISA | 100 EUR/USD | Instant | |
| Mastercard | |||
| Skrill | |||
| Neteller | |||
| Fasapay | 1000 USD, IDR |
Do amana-capital and vpfx have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive amana-capital and vpfx are, we first considered common fees for standard accounts. On amana-capital, the average spread for the EUR/USD currency pair is -- pips, while on vpfx the spread is FROM 0.0.
Which broker between amana-capital, vpfx is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
amana-capital is regulated by CYSEC,DFSA,CMA,FCA. vpfx is regulated by --.
Which broker between amana-capital, vpfx provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
amana-capital provides the Standard Account platform with products like 360+; vpfx offers the ELITE,VIP,STANDARD platform featuring assets including --.
