Amana Capital
4.3

Amana Capital

Regulation:  Financial Services Authority FCA, Dubai Financial Service Authority DFSA, The Central Bank of Lebanon BDL, Cyprus Securities and Exchange Commission CySEC and Labuan International Business and Financial Centre LFSA Malaysia

Pros
  • Effective, functional app that is marketed through a separate website.
  • Direct access to U.S., EU and UK stock assets.
  • Transparent fee schedule.
Cons
  • High spread on standard accounts.
  • High slippage ,delay in executing orders might be up to 25 seconds.

Reviewed broker: Amana Capital

Operated by: six main entities, namely Amana Financial Services-UK, Amana Financial Services (Dubai) Limited, Amana Capital SAL-Lebanon, Amana Capital (Cyprus) Limited, AFS Global – Malaysia and TradeCaptain.com

Established in 2010

Location: Lebanon

Regulation:  Financial Services Authority FCA UK, Dubai Financial Service Authority DFSA, The Central Bank of Lebanon BDL, Cyprus Securities and Exchange Commission CySEC and Labuan International Business and Financial Centre LFSA Malaysia

Note: The company is backed by Manara Capital, an investment firm.

Trading instruments: Forex (Currencies), Spot Metals (Gold, Silver) and Futures (Crude Oil, Stock Indices), Cryptocurrencies including Bitcoin

Cryptocurrency trading: yes

Why Trade with Amana Capital?

Exceptional Trading Conditions

Competitive spreads, flexible leverage, mini & macro lots and instant execution.

 Rich Set of Trading Products

Tens of financial instruments including Forex, Spot Metals and Futures.

 Ongoing Education

Onsite and Online educational programs to novice, intermediate and expert traders.

 Segregated Client Funds

Complete separation of clients funds from the group’s funds.

 Dedicated Customer Support

Multilingual customer support throughout the hour via several tools.

Top-tier Banks

Amana Capital’s banking services (deposits & withdrawals) are provided through leading regional and international banks.

Trading Platforms

Multiple trading software including MetaTrader4 for Personal Computers, MAC and Smartphones (iOS, Android).

Pricing and Execution

Very competitive spreads, flexible leverage, availability of mini & macro lots and market execution with positive slippage and no re-quotes. 

Trading Conditions with Amana Capital

Base account currency: USD, EUR, GBP

Spreads as low as 0.4

Flexible Leverage

Trading Products 75+  

Social trading: available with Amana Capital allowing traders to interact with other traders, open discussions and enter current ones, share their experience and receive feedback from other clients of the broker.

Amana Capital offers several multi-account management solutions (PAMM and MAM accounts) for money managers

Maximum leverage with Amana Capital are up to 1:500. It is pretty good option compared to other FCA/CySEC-regulated brokers. For example with XM you can easily go all the way up to 1:888.

Amana Capital Trading Platform

When trading with Amana Capital, you have a selection of the most popular Metatrader 4 (MT4) platform, as well as the MetaTrader 5 (MT5). Both of them are available in the following versions:

  • Desktop Trader
  • Mobile Trader
  • MAC Trader
  • Multi-terminal 

METATRADER 4 | MT4 MOBILE WEB | MULTI TERMINAL | REAL & DEMO ACCOUNT

Amana Capital MetaTrader 4

The Ultimate Solution for your Online Trading

MetaTrader 4 (MT4) Desktop is one of Amana Capital’s ultimate solutions for online trading, technical analysis, and automated trading (EAs: Expert Advisors). MetaTrader 4 (MT4), is an easy to use electronic trading platform widely used by traders worldwide. MetaTrader 4 (MT4) has a user-friendly and understandable interface that allows traders to view their orders, trades, account details as well as use advanced technical analysis tools to analyze the financial markets.

Amana Capital offers you the option to choose between four types of trading accounts

Amanda Mini MT4 Account Review

Spreads As low as 1.4

Initial Deposit $50

Trading Cost Zero Commission on FX, Zero Commission on Cash CFDs

Maximum Leverage up to 500:1

Order Execution: Market Execution

Stop Out Level: 20%

EA (Expert Advisor): allowed

Instruments Available: 28 FX Pairs, Gold and Silver

Minimum Lot Size: 1K Minimum Lot Size

Account Denominations USD – EUR- GBP

Swap Free Swap Free Policy Applies for Islamic accounts operates in accordance to Sharia laws which means that interest is not applied on trades held overnight. 

Default Lot Size 10K

Max Trade Size 1 Million

Max Pending Orders 100

Maximum Account Balance $20,000

Amana Mini – MT5 Account Review 

Spreads As low as 0.9

Initial Deposit $2000

Trading Cost

  • Zero Commission on FX
  • Zero Commission on Cash CFDs
  • $10/lot on Futures CFDs

Maximum Leverage up to 300:1

Order Execution: Market Execution

Stop Out Level: 50%

EA (Expert Advisor): allowed

Instruments Available: 54 FX pairs, 24 Futures/Commodities, Indices/ Cryptocurrencies

Minimum Lot Size: 1K Minimum Lot Size

Account Denominations USD – EUR- GBP

Swap Free Swap Free Policy Applies for Islamic accounts operates in accordance to Sharia laws which means that interest is not applied on trades held overnight. 

Default Lot Size 100K

Max Trade Size 5 Million

Max Pending Orders 100

Maximum Account Balance no limit 

Amana Elite – MT5 Account Review

Spreads as low as 0.4

Initial Deposit $50,000

Trading Cost

  • Commission per Million is applicable on FX
  • Zero Commission on Cash CFDs
  • $10/lot on Futures CFDs

Maximum Leverage up to 100:1

Order Execution: Market Execution

Stop Out Level: 50%

EA (Expert Advisor): allowed

Instruments Available: 54 FX pairs, 24 Futures/Commodities, Indices/Cryptocurrencies

Minimum Lot Size: 1K Minimum Lot Size

Account Denominations USD – EUR- GBP

Swap Free Swap Free Policy Applies for Islamic accounts operates in accordance to Sharia laws which means that interest is not applied on trades held overnight. 

Default Lot Size 100K

Max Trade Size 5 Million

Max Pending Orders 100

Maximum Account Balance no limit

Amana Basic – MT4 Account Review

Spreads As low as 1.4

Initial Deposit $50

Trading Cost Zero Commission on FX, Zero Commission on Cash CFDs, $10/lot on Futures CFDs

Maximum Leverage up to 500:1

Order Execution: Market Execution

Stop Out Level: 20%

EA (Expert Advisor): allowed

Instruments Available: 28 FX Pairs, Gold and Silver

Minimum Lot Size: 1K Minimum Lot Size

Account Denominations USD – EUR- GBP

Swap Free Swap Free Policy Applies for Islamic accounts operates in accordance to Sharia laws which means that interest is not applied on trades held overnight. 

Default Lot Size 1K

Max Trade Size 2 Million

Max Pending Orders 100

Maximum Account Balance none 

Bonuses and Promotions

At the moment of the Review, Amana Capital did not provide any bonuses to the clients. We suggest getting in touch directly with the broker once the account has been opened.

Deposits/Withdrawals

Minimum deposit requirement: $50

Payment methods: wire transfer with $6 fee for incoming transactions, credit and debit cards with 1.5% fee, Neteller with 3.9% + $0.29 fee, Skrill with 3.9% + $0.29 fee, ePay, Perfect money with 10% transfer fee, Payeer with 10% transfer fee, advcash with 10% transfer fee. 

Note that clients from Lebanon can make deposits and withdrawals via credit/debit cards and bank wire only.

Customer Support

Phone representative are available in various Amana Capital locations such as London, Dubai, Riyadh, Al Khobar, Limassol, Cyprus and Lebanon. Email addresses are all listed on the broker site. Live Chat, call back option and feedback form are also available for communication.

How was the rating of Amana Capital performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Amana Capital FX broker performance and features. 

Overall our online Amana Capital review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Amana Capital or you find inaccurate details Amana Capital broker review please get in touch with us and the changes will be applied. 

Amana Capital supports both the MT4 and MT5 trading platforms, and traders have access to some of the best trading tools in the industry, including Autochartist, Trade Captain, Zulutrade, and a VPS hosting service.

8.0
Regulation and Security
5.0
Platforms and Features
2.0
Deposit and Withdrawal
2.0
Educational Material
4.3 Overall Rating
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