Amana Capital is a multinational brokerage company that offers traders over 360 financial instruments across different asset classes, such as forex, indices, metals, energy, commodities, and stocks, for trading online. The broker provides clients with the powerful MetaTrader 4 and MetaTrader 5 trading platforms, as well as useful trading tools. The trading costs are very competitive with a minimum required deposit of just $50 and spread as low as 0.1 pips.
Amana Capital began operations in 2010 in Beirut but has expanded to several countries with its headquarters in Dubai. The broker is part of 180 Capital, which is a financial investment, risk management, and technological holding company.
Amana Capital Review Introduction
In this Amana Capital review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Amana Capital.
Amana Capital Platforms & Tools
Amana Capital provides clients with the sophisticated MetaTrader 4 and MetaTrader 5 trading platforms. The MT4 is a user-friendly platform, so it is easy enough for beginners to use. It also has complex functionalities for professional traders, and its capabilities can be extended with the installation of plugin apps.
The MT4 is available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers, mobile apps for iOS and Android devices, and the Multiterminal, which enables account managers to trade and manage multiple accounts from a single master account.
MetaTrader 5 was developed to succeed MT4. It has a very similar interface with MT4, but it is more complex and has richer features than the MT4. The MT5 is available as a desktop application for Windows and Mac computers and mobile apps for Android and iOS devices. There is also the Amana Capital mobile trading app, which is the broker’s proprietary mobile app. It is compatible with iOS and Android devices and can be used to keep track of accounts and place trades on the go.
In addition to the trading tools that are built into the MetaTrader platforms, the broker also provides traders with standalone trading tools. They include Riskpulse, ZuluTrade, Multi-Account Manager (MAM) Account, Financial Calculators, Trading Signals, Trade Captain, VPS, and Economic Calendar.
Amana Capital Research & Education
The broker provides clients with educational resources including Seminars, Webinars, and Trading articles. They are beneficial to traders of all experience levels.
Amana Capital Trading Accounts
Amana Capital offers the following account types: Amana Classic, Shares, Amana Active, TradeLoss Recovery, and Amana Elite accounts. The choice of account types depends on the trader’s experience level and capital. The minimum required deposits range from $250 for the Amana Classic account to $250,000 for the Amana Elite Account. Spreads start from 1.4 pips and the maximum leverage is 1:500.
Amana Capital Account Funding
The broker offers traders the following payment methods for account funding and withdrawal options. They include bank wire transfer, credit/debit cards, Amana prepaid card, and online payment. The transaction fees, limits, and processing time depend on the payment method used.
Amana Capital Customer Service
The broker has an award-winning customer support desk that is available 24/5 and can be reached via telephone, email, and online chat platforms such as WhatsApp, Live web chat, Telegram, We Chat, and Facebook Messenger.
Amana Capital Regulation
Amana Capital is regulated in multiple jurisdictions as follows:
- Amana Financial Services UK Ltd is authorized and regulated in the UK by the Financial Conduct Authority (FCA). The license number is 605070.
- Amana Financial Services (Dubai) Ltd is registered in the United Arab Emirates (UAE). It is regulated by the Dubai Financial Services Authority (DFSA). The license number is F003269.
- Amana Capital Ltd is registered as a Cyprus Investment Firm (CIF). It is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). The license number is 155/11.
- Amana Capital SAL is registered in Lebanon and authorized by the Lebanese Capital Markets Authority (CMA) as a Financial Intermediary institution. The license is 26.
- AFS Global is authorized and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia. The license number is MB/18/0025.
- ACG International is authorized and regulated by the Financial Services Commission (FSC) of Mauritius. The license number is C118022192.
Amana Capital Review Summary
Regulated in 6 jurisdictions, Amana Capital is a strong player in the retail brokerage industry. They have cutting-edge trading platforms, useful trading tools, and a good selection of educational resources.
It is worth mentioning that some of the trading products and services in this Amana Capital review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Amana Capital broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.