CM
CMC Markets
4.0 / 5Score: 3 / 4
A tier-1 regulated global broker offering no minimum deposit and high leverage for traders at every level.
- Min deposit
- $0
- Max leverage
- 1:500
- Spread from
- 0.7 pips
- Regulators
- FCA, ASIC, MAS
Reviewed by Experts Updated 9/16/2026
CMC Markets vs Amana Capital: Which Broker Wins in 2026?
CMC Markets and Amana Capital both offer competitive trading conditions, but they appeal to very different trader profiles. In our independent testing, CMC Markets pulls ahead overall with stronger regulation and zero minimum deposit, while Amana Capital counters with tighter raw spreads.
AC
Amana Capital
3.2 / 5Score: 1 / 4
A MetaTrader-focused broker offering tight 0.6 pip spreads for cost-conscious active traders.
- Min deposit
- $100
- Max leverage
- 1:200
- Spread from
- 0.6 pips
- Regulators
- FCA, DFSA
Overall Winner
CMC Markets
Best for Beginners
CMC Markets
Lowest Fees
Amana Capital
Top Regulation
CMC Markets
Side-by-side comparison
Core features compared head-to-head.
| Feature | CM CMC Markets | AC Amana Capital |
|---|---|---|
| Overview | ||
| Rating | 4.0 / 5 | 3.2 / 5 |
| Founded | 1989 | 2010 |
| Headquarters | London, UK | Beirut, Lebanon |
| Regulation | FCA, ASIC, MAS | FCA, DFSA |
| Fees & Limits | ||
| Min Deposit | $0 | $100 |
| Spreads From | 0.7 pips | 0.6 pips |
| Commission | None | None |
| Max Leverage | 1:500 | 1:200 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
| Markets Offered | Cfd, Forex, Stocks, Indices, Commodities, Crypto | Forex, Cfd, Stocks, Indices, Commodities, Crypto |
Trading & non-trading fees
Min Deposit
CMC Markets
$0
Amana Capital
$100
Spreads From
CMC Markets
0.7 pips
Amana Capital
0.6 pips
Commission
CMC Markets
None
Amana Capital
None
Deposit Fees
CMC Markets
None
Amana Capital
None
Withdrawal Fees
CMC Markets
None
Amana Capital
None
Pros & cons
CM
CMC Markets
Pros
- Backed by three tier-1 regulators for stronger fund safety
- No minimum deposit makes it highly accessible to new traders
- Higher maximum leverage of up to 1:500 for flexible position sizing
- Long-established broker with a track record dating back to 1989
- Choice of proprietary platforms plus the widely-used MT4
- No deposit or withdrawal fees
- Higher overall independent rating at 4.0/5
Cons
- Spreads from 0.7 pips are slightly wider than Amana Capital's
- Does not offer MT5, which some algorithmic traders may prefer
- Higher leverage ceiling requires disciplined risk management to avoid overexposure
- Proprietary platform learning curve for traders coming from other ecosystems
AC
Amana Capital
Pros
- Tighter spreads from 0.6 pips, ideal for cost-sensitive traders
- Support for both MT4 and MT5 platforms
- No deposit or withdrawal fees
- Conservative leverage cap may suit risk-averse traders
- Broad market range covering major asset classes
Cons
- Only two tier-1/tier-2 regulatory licences compared to CMC Markets' three
- Higher $100 minimum deposit versus CMC Markets' $0 requirement
- Lower maximum leverage at 1:200 limits capital efficiency
- Lower overall independent rating at 3.2/5
- No proprietary platform alternative to MetaTrader
Our expert verdict
Editor's verdict
Overall winner CMC Markets
Lowest fees Amana Capital
Best regulation CMC Markets
Better for beginners CMC Markets
CMC Markets is our recommended pick overall, scoring 4.0/5 versus Amana Capital's 3.2/5 on our independent rating system. CMC Markets wins on regulatory strength, accessibility, and platform variety, while Amana Capital's only clear edge is its marginally tighter 0.6 pip spreads. For most traders — especially beginners and those prioritizing safety — CMC Markets is the stronger all-round choice.
Regulation & Safety
Regulatory strength is often the single most important factor when choosing a broker, and this is where CMC Markets clearly separates itself from Amana Capital. CMC Markets is licensed by three tier-1 regulators — the FCA in the UK, ASIC in Australia, and MAS in Singapore — giving traders robust multi-jurisdictional protection.
Amana Capital, by contrast, holds licences from the FCA and DFSA. While both are legitimate regulators, the DFSA covers a narrower geographic scope and generally carries less weight than ASIC or MAS in terms of investor compensation schemes and oversight depth.
For traders who prioritize capital safety above all else, CMC Markets' longer operating history since 1989 and broader regulatory footprint offer meaningfully greater peace of mind than Amana Capital's 2010 founding and more limited licence portfolio.
Fees & Spreads
Amana Capital holds the technical edge on raw pricing, advertising spreads from 0.6 pips compared to CMC Markets' 0.7 pips. On paper, this makes Amana Capital marginally cheaper for high-frequency or scalping-style strategies.
However, the difference of just 0.1 pips is unlikely to be decisive for most retail traders, particularly those trading medium to lower frequency strategies. Neither broker charges a commission on standard trading, and both waive deposit and withdrawal fees entirely, which keeps the overall cost comparison relatively close.
When weighing total value rather than spreads in isolation, CMC Markets' zero minimum deposit requirement effectively lowers the barrier to entry, which can offset the marginal spread difference for traders operating with smaller account sizes.
Account Accessibility & Minimum Deposit
CMC Markets requires no minimum deposit at all, making it exceptionally accessible for newer traders or those wanting to test the platform with limited capital exposure. This is a significant practical advantage over Amana Capital's $100 minimum deposit requirement.
While $100 is not a prohibitively high barrier by industry standards, it still represents a meaningful difference for cost-conscious beginners who want full flexibility over their starting capital.
This accessibility factor is a major reason CMC Markets earns our 'Best for Beginners' award in this matchup, alongside its more forgiving entry structure overall.
Trading Platforms & Markets
CMC Markets offers a proprietary web platform, a proprietary mobile app, and MT4 support, giving traders a choice between an in-house ecosystem built specifically around CMC's tools and the familiarity of the industry-standard MetaTrader 4.
Amana Capital takes a more conventional route, offering only MT4 and MT5. This appeals strongly to traders who prefer MetaTrader's automated trading capabilities, Expert Advisors, and extensive third-party indicator libraries, and the addition of MT5 is a notable plus for those wanting newer order types and hedging modes.
Both brokers offer a broad and comparable range of markets, including CFDs, Forex, Stocks, Indices, Commodities, and Crypto, so the platform choice ultimately comes down to whether a trader values CMC's proprietary technology or Amana Capital's pure MetaTrader focus.
Leverage & Trading Conditions
CMC Markets offers considerably higher maximum leverage at up to 1:500, compared to Amana Capital's cap of 1:200. This gives CMC Markets traders significantly more flexibility for capital-efficient position sizing, particularly for those trading forex majors.
Higher leverage is a double-edged sword, of course — while it increases potential capital efficiency, it also proportionally increases risk exposure and should be used cautiously by less experienced traders.
Amana Capital's more conservative leverage cap may actually suit risk-averse traders who prefer a broker's default settings to naturally limit oversized position taking.
Our Verdict
Taking all factors into account, CMC Markets is the stronger overall broker in this comparison, backed by our independent rating of 4.0/5 against Amana Capital's 3.2/5. Its combination of stronger regulation, zero minimum deposit, higher leverage ceiling, and diversified platform offering make it the more well-rounded choice for the majority of traders.
Amana Capital remains a credible alternative for traders specifically chasing the tightest possible spreads or who strongly prefer a pure MetaTrader 4/5 environment without proprietary platform alternatives.
Ultimately, unless spread cost is your single overriding priority, CMC Markets' broader strengths across safety, accessibility, and platform choice make it our recommended pick for most trading styles in 2026.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
CMC Markets wins overall
CMC Markets edges out Amana Capital overall based on our expert rating score.
CM
Highest Rated
CMC Markets
4.0 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (4/5).
CMC MarketsBetter for beginners
Stronger onboarding and educational resources.
CMC MarketsLower trading costs
More competitive spreads and baseline commissions.
Amana CapitalStronger regulation
Higher trust based on tier-1 regulatory oversight.
CMC Markets
Frequently asked questions
Based on our independent rating system, CMC Markets scores higher overall at 4.0/5 compared to Amana Capital's 3.2/5. CMC Markets leads on regulatory strength, minimum deposit accessibility, and leverage flexibility, while Amana Capital's main advantage is its slightly tighter spreads. Your ideal choice depends on whether you prioritize overall safety and accessibility or marginal cost savings on spreads.
Amana Capital advertises spreads from 0.6 pips, slightly undercutting CMC Markets' spreads from 0.7 pips. Neither broker charges trading commissions or deposit/withdrawal fees, so the cost gap between the two is relatively narrow in practice.
CMC Markets has no minimum deposit requirement, meaning you can open an account and start trading with whatever amount suits you. Amana Capital requires a $100 minimum deposit, which is still modest by industry standards but represents a higher barrier than CMC Markets.
CMC Markets is regulated by the FCA, ASIC, and MAS, giving it three tier-1 regulatory licences across major jurisdictions. Amana Capital is regulated by the FCA and DFSA. CMC Markets' broader regulatory coverage and longer operating history since 1989 generally position it as the more heavily supervised option.
CMC Markets provides its own proprietary web and mobile platforms in addition to MT4 support, giving traders flexibility to choose their preferred trading environment. Amana Capital focuses exclusively on MT4 and MT5, which will appeal strongly to traders who prefer MetaTrader's automated trading and Expert Advisor capabilities.
Yes, there is nothing preventing you from holding accounts with both CMC Markets and Amana Capital simultaneously. Many active traders diversify across multiple brokers to access different platforms, leverage limits, or market conditions depending on their strategy.
CMC Markets offers maximum leverage of up to 1:500, considerably higher than Amana Capital's cap of 1:200. While higher leverage can improve capital efficiency, it also increases risk, so traders should size positions carefully regardless of which broker they choose.
CMC Markets earns our award for best broker for beginners in this comparison, largely due to its zero minimum deposit requirement, strong regulatory backing, and choice of intuitive proprietary platforms alongside MT4. These factors combine to make the onboarding experience smoother for newer traders.
No, both CMC Markets and Amana Capital do not charge deposit or withdrawal fees, making it easy for traders to move funds in and out of their accounts without incurring additional costs on top of standard trading spreads.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.