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GSI Markets , amana Broker Comparison
Do you want to know which is the better broker between GSI Markets and amana ?
In the table below, you can compare the features of GSI Markets , amana side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
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
1.59
Not Regulated
Under guarantee
--
5-10 years
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
6.67
Regulated
Under guarantee
10-15 years
CYSEC,DFSA,CMA,FCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Standard Account
360+
$50
--
--
0.00
--
--
--
amana BrokerRelated News
GSI Markets 、 amana 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 gsi-markets and amana-capital 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
gsi-markets
| GSI Markets Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instrument | forex |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Proprietary platform |
| Minimum Deposit | $250 |
| Customer Support | Live chat, Contact form |
| Tel: +44 203 150 1767, +55 213 50 01808, +56 323 820157, +57 601 5084160, +502 237 84653, +52 554 164 2450 | |
| Email: info@gsimarkets.com | |
| Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960 | |
| Facebook, Twitter, YouTube, telegram | |
GSI Markets Information
GSI Markets is an unregulated broker, offering forex trading on its proprietary platform. The minimum deposit requirement is $250.
Pros and Cons
| Pros | Cons |
| Demo accounts | No regulation |
| Multiple account types | Limited trading markets |
| Popular payment options | Unclear fee structure |
| No deposit and withdrawal fees | No MT4/MT5 platform |
| Live chat support | High minimum deposit |
Is GSI Markets Legit?
No. GSI Markets currently has no valid regulations. Please be aware of the risk!
What Can I Trade on GSI Markets?
GSI Markets specializes in forex trading.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
GSI Markets offers Silver ECN account, Gold ECN account, and Platinum ECN account. Besides, demo accounts are also available.
| Account Type | Minimum Deposit |
| Silver ECN | $250 |
| Gold ECN | $250 |
| Platinum ECN | $250 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
GSI Markets accepts payments via credit cards, e-Wallets, and wire transfers.
| Payment Options | Minimum Deposit | Deposit/Withdrawal Fees | Deposit/Withdrawal Time |
| Credit Cards | $250 | None | within few minutes |
| e-Wallets | $250 | None | within few minutes |
| Wire Transfers | $250 | None | 7 business days |
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.
Do gsi-markets and amana-capital 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 gsi-markets and amana-capital are, we first considered common fees for standard accounts. On gsi-markets, the average spread for the EUR/USD currency pair is -- pips, while on amana-capital the spread is --.
Which broker between gsi-markets, amana-capital 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.
gsi-markets is regulated by --. amana-capital is regulated by CYSEC,DFSA,CMA,FCA.
Which broker between gsi-markets, amana-capital 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.
gsi-markets provides the -- platform with products like --; amana-capital offers the Standard Account platform featuring assets including 360+.
Looking for more references? The following are other comparisons related to gsi-markets, amana-capital:
gsi-markets vs scope-markets gsi-markets vs blackwell-global gsi-markets vs swissquote gsi-markets vs gkfx-prime gsi-markets vs veracity-markets gsi-markets vs interactive-brokers amana-capital vs scope-markets amana-capital vs blackwell-global amana-capital vs swissquote amana-capital vs gkfx-prime amana-capital vs veracity-markets amana-capital vs interactive-brokers
