Amana Capital Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-23 17:48

Abstract：Amana Capital is a broker that provides 360+ instruments including forex, indices, precious metals, energies, commodities, shares CFDs, and cryptocurrencies. The broker also provides accounts with a leverage of 1:500. The minimum spread is as low as 0.4 pips (EURUSD on forex is 0.1 pips) and accounts for trading Forex & CFDs deposits of $50. Amana Capital is still risky due to its suspicious clone status.

Amana CapitalReview Summary
Founded	2018-07-06
Registered Country/Region	Cyprus
Regulation	Suspicious clone
Market Instruments	Forex/Indices/Precious metals/Energies/Commodities/Shares CFDs/Cryptocurrencies
Demo Account	✅
Leverage	Up to 1:500
Spread	As low as 0.4 pips (EURUSD on forex is 0.1 pips)
Trading Platform	MT4/MT5 (Mac/PC(Web/Multi Terminal)/Tablet/Mobile(iOS/Android))
Min Deposit	0
Customer Support	Live chat
Customer Support	Facebook/Twitter/LinkedIn/YouTube

Amana Capital Information

　　Amana Capital is a broker that provides 360+ instruments including forex, indices, precious metals, energies, commodities, shares CFDs, and cryptocurrencies. The broker also provides accounts with a leverage of 1:500. The minimum spread is as low as 0.4 pips (EURUSD on forex is 0.1 pips) and accounts for trading Forex & CFDs deposits of $50. Amana Capital is still risky due to its suspicious clone status.

Pros and Cons

Pros	Cons
Leverage up to 1:500	Suspicious Clone
24/5 customer support	Unspecific transfer time and fee information
Spread as low as 0.4 pips (EURUSD on forex is 0.1 pips)
Demo account available
Various tradable instruments
MT4/MT5 available

Is Amana Capital Legit?

　　Amana Capital is regulated by CSEC, LFSA, CMAL, and DFSA, whose license numbers are 155/11, MB/18/0025, 26, and F003269. The current status is 'suspicious clone'.

What Can I Trade on Amana Capital?

　　Amana Capital offers a wide range of market instruments, including forex, indices, precious metals, energies, commodities, shares CFDs, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Commodities	✔
Precious Metals	✔
Shares CFDs	✔
Energies	✔
Cryptocurrencies	✔
Stocks	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Amana Capital accounts for Trader Forex & CFDs, Active Trader, Elite Services, and Shares Trading. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Trade Forex & CFDs	Active Traders	Elite Services	Shares Trading
Spreads	As low as 1.4 pips	-	-	-
Initial Deposit	$50	-	-	-
Maximum Leverage	Up to 1:500	-	-	-
Stop Out Level	20%	-	-	20%
Commission	From 0	-	-	-
Minimum funding	-	$250000	$250000	-

Amana Capital Fees

　　The spread is as low as 0.4 pips(EURUSD on forex is 0.1 pips) and the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

　　The account that trades Forex & CFDs provides a maximum leverage of 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

　　Amana Capital cooperates with the authoritative MT4 and MT5 trading platforms available in Mac, PC, Tablet, and Mobile to trade. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Mac/PC/Tablet/Mobile	Junior traders
MT5	✔	Mac/PC/Tablet/Mobile	Experienced traders

Deposit and Withdrawal

　　The minimum deposit is 0. Amana Capital accepts UnionPay, Bank, Visa, Mastercard, Skrill, and Neteller for deposit and withdrawal. However, transfer processing times and associated fees are unknown.