Traders are assured that your funds will be kept separate from brokers’ funds. This protection is also provided by the insurance schemes in the event of insolvency. You can sign up for an individual, joint, or corporate account by filling in the short online form. You will then be asked to set up your login details for the portal and provide identification documents.

Both these platforms are available on the web, desktop, and mobile. Amana Capital clients are entitled to receive a 50% of their losses, up to $1,000, for the first month of trading, which starts from the date of the initial deposit. Amana Active account is eligible to clients with a minimum funding of $25,000 and $100 million of volume per calendar month.

Our verdict on Amana Capital

Amana Capital is part of 180 Capital; a financial investment, risk management and technological holding company. Amana Capital clients enjoy an array of trading tools, including the MetaTrader platforms and signals service. Accounts are accessible with only a $50 minimum deposit and several trusted funding options. The multiple regulations also ensure that Amana Capital is a real contender in the forex and CFD market.

You can access your account and trade the global markets via the popular MetaTrader platforms. I am a big fan of these trading platforms and have used them for many years. They can do everything from complex market https://forexhero.info/ analysis to manual and automated trading. I think they are the ideal platform for beginners whilst they have plenty of features and functionality to satisfy the needs of even the most demanding of traders.

Is Amana Capital a safe investment or a fraud?

They do host seminars and webinars from time to time which can help you learn from those with experience. If you are specifically looking for a broker with lots of educational content, then you might want to consider Admirals as they have a great selection. This is the MT4 version for multiple account managers who trade on behalf of other traders. It has all the necessary tools to trade and manage multiple accounts from a single master account.

Very competitive spreads, flexible leverage, availability of mini & macro lots and market execution with positive slippage and no re-quotes. Tens of financial instruments including Forex, Spot Metals and Futures. This limit may be different depending on the instrument or the entity you trade. Amana Capital platforms offer the best MetaTradertechnology on the market through the selection of MT5 or MT4. You should also consider an overnight policy if the order is not completed within a specified time. You should also consider an overnight policy, which is applicable if the order is not completed within a specified time.

Trading Conditions

Amana Capital does not charge account or inactivity fees, however, it charges relatively high deposit and withdrawal fees. Amana Capital’s non-trading fees are higher than other similar brokers. Amana Capital’s trading fees are higher than other similar brokers. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.

As you can see from the table above, Amana Capital offers one commission-free account with trading costs included in its variable spreads. This means that the spread will fluctuate and get wider or tighter depending on trading volume and market volatility. Overall, at 14 USD per lot traded, Amana Capital’s trading costs are higher than the industry average. The trading costs on the EUR/USD at other good brokers tend to be around 9 USD per lot traded. ZuluTrade is a solution for those of you who want to choose from thousands of other traders in order to replicate their trades. MAM accounts can also be useful to some investors and money managers who are looking for a way to manage multiple accounts with relative ease.

There is API trading to automate your trading, execute trades using algos and trading systems. The MT4 trading platform is one of the market standard platforms for forex traders and brokers around the world. It is a user-friendly platform which makes it a great option for beginners, yet it has enough capabilities that make it a viable option for professional traders.

This is because when trading a USD quoted currency pair with a GBP account, there will be a small conversion fee for every trade made. Amana Capital offers a wide range of payment methods, but it charges high fees for deposits and withdrawals. Fees may be applied on a Swap Free trade in case trading positions are held open for more than 10 (ten) days, unless waived by Amana. Such fees can be applied from the time the position was opened and at the sole discretion of Amana Capital.

Clients from the United Kingdom are under the protection of the FSCS or the Financial Services Compensation Scheme, which shields the investors from the danger of bankruptcy. Whenever this situation occurs, the FSCS will compensate the clients for up to 85k British pounds. Clients from the EU or European Union are under the protection of the ICF or the Investor Compensation Fund, whose role is to compensate clients once the brokerage firm fails. The company came into existence in Beirut, Lebanon, in 2010, led by CEO Ahmad Khatib.

Its capability can be further enhanced, if you install plugin applications that correspond to the language that Meta Quotes utilize. Online traders can use a good amount of scripts, EAs, indicators from the Meta Quotes, and other online sources. A MetaEditor is also included, which enables you to customize the tools and functionality of the platform. We have over nine years of experience and have thoroughly examined this platform and its abilities. We will be delving into the many aspects that make it one of the leading online brokers in the business. After reading this review, you will be judging for yourself if it is the best trading platform for you or not.

While MT4 and MT5 are both excellent trading platforms, many other CFD brokers also offer their own web-based platforms, which tend to be easier to use for beginner traders. Additionally, there are thousands of plugins and tools available for the MetaTrader platforms. With a minimum deposit requirement of 250,000 USD, traders can access the tightest spreads and can negotiate their commissions. Traders also have access to a personal account manager, personal coaching sessions, and elite trading tools. Amana Capital is a brokerage company founded with the vision to become a premium industry leader in innovative financial services and technological solutions.

Amana Capital provides the MAM software and the master account from which the manager allocates trades and trade several accounts simultaneously from the master account. Again, there are no guarantees on how these MAM accounts will perform. However, it can be a good way for investors to get access to the trading strategies of others or you may wish to share your own strategy if you have one that is successful. Spreads on the trading instruments that are available from Amana Capital are generally quite low, depending on the type of trading account chosen. Among these, the account type called “Amana Elite” is the most preferred option, although it requires a minimum deposit of a whopping USD 250,000.

You can choose which platform best suits your trading personality and tap into the global financial markets. Amana Capital Group is known throughout the financial world as one of the top-tier online trading specialists, which has access to international financial markets in more than eighty countries. It is a well-regulated brokerage company that prioritizes rookie traders. They are given a wide range of educational tools to assist them in their path to becoming better traders.

Amana Capital supports deposits with bank transfers, credit and debit cards, online wallets like Neteller and Skrill, and many other popular regional methods. Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Amana Capital’s greatest impact on the traders is its comprehensive and highly effective tools like the Meta Trader 4, and 5. Their account types serve no complications, and their site is user-friendly.

• You should also consider an overnight policy, which is applicable if the order is not completed within a specified time.
• Amana Capital offers support for the MT4 and MT5 trading platforms, in addition to Zulutrade, and allows all trading strategies, including hedging, scalping, and copy trading.
• The markets and the number of offered instruments will depend on the account jurisdiction.
• Any historical or hypothetical performance results are presented for illustrative purposes only.
• Amana Capital is not regulated by the FCA, a top-tier authority that considers Amana Capital a safe and low-risk Forex trading broker.

The final grade is given based on Amana Capital FX broker performance and features. Amana Capital’s banking services (deposits & withdrawals) are provided through leading regional and international banks. Generally speaking, the company is able to offer the highest level trading conditions through its focus in the MENA area and coverage of other jurisdictions. This is supported by the dedicated management systemand bringing the necessary tools to clients.

Active and elite traders with large starting capital can choose between Amana Active or Amana Elite. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms.

I don’t really like how you need deep pockets to get access to low spreads and that would probably be a deal breaker from my point of view as I use scalping strategies. Amana Capital does not accept clients from some countries including the USA. If you discover they cannot accept clients from your country for any amana capital broker reason, then please feel free to browse our broker reviews to find an alternative option. All client funds are kept in segregated bank accounts which should not be used by Amana Capital for its own operations. This is a regulatory requirement and it is strictly monitored by both internal and external auditors.