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Amana Capital

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
Founded2018-07-06
Registered Country/RegionCyprus
RegulationSuspicious clone
Market InstrumentsForex/Indices/Precious metals/Energies/Commodities/Shares CFDs/Cryptocurrencies
Demo Account✅
LeverageUp to 1:500
SpreadAs low as 0.4 pips (EURUSD on forex is 0.1 pips)
Trading PlatformMT4/MT5 (Mac/PC(Web/Multi Terminal)/Tablet/Mobile(iOS/Android))
Min Deposit0
Customer SupportLive chat
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.

Amana Capital Information

Pros and Cons

Pros Cons
Leverage up to 1:500Suspicious Clone
24/5 customer supportUnspecific 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'.

Is Amana Capital Legit?
Is Amana Capital Legit?
Is Amana Capital Legit?
Is Amana Capital Legit?
Is Amana Capital Legit?

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❌
What Can I Trade on Amana Capital?

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 & CFDsActive TradersElite ServicesShares Trading
SpreadsAs low as 1.4 pips---
Initial Deposit$50---
Maximum LeverageUp to 1:500---
Stop Out Level20%--20%
CommissionFrom 0---
Minimum funding-$250000$250000-
Account Type

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 PlatformSupported Available Devices Suitable for
MT4✔Mac/PC/Tablet/MobileJunior traders
MT5✔Mac/PC/Tablet/MobileExperienced traders
Trading Platform
Trading Platform

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.

Deposit and Withdrawal

LeverageDealerForex Brokerforex pips

Related broker

Regulated
amana
Company name:Amana Capital Ltd
Score
6.79
Website:https://amana.app/
5-10 years | Regulated in Cyprus | Regulated in United Arab Emirates | Regulated in Lebanon
Score
6.79

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