Nevertheless, Amana Capital could offer more payment methods since traders hate to open up new e-wallet accounts just because a broker does not support their favorite e-wallet. At this moment, you can deposit and withdraw via the Standardized wire transfer, Credit cards, WebMoney, PayPal. The withdrawal processing policy is also clear and transparent whereby the broker handles withdrawals within one business day. The broker also supports PAMM services (for investment companies, insurance brokers, etc.).

Zulutrade is a global trading network where you can see how professionals are trading and copy their strategies. Its cross-platform social trading application enables you to execute the trading strategies that experienced professionals have developed through the years. Virtual Private Server enriches your trading experience by allowing you to automate your trades in the cloud without the need of staying connected to your trading platform through your device. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it.

Customer feedback and support system

Trading accounts can only be denominated in three base currencies – EUR, USD, and GBP, which is limited compared to other brokers. Most other brokers denominated accounts in at least five to ten currencies. However, Amana Capital offers GBP trading accounts, an advantage for British traders who will likely have bank accounts denominated in GBP, and avoid paying currency conversion fees on deposits and withdrawals.

The company said that this hiring aligns with Amana’s transformational drive that also sees a recruitment campaign to build capacity and world-class expertise across all the brand’s verticals. Mani will spearhead Amana’s digital presence by steering in-house mobile and web applications to support the brand’s transformation across the region. Amana Financial Services UK Ltd is authorized umarkets and regulated by the Financial Conduct Authority . Amana Capital LTD is authorized and regulated by the Cyprus Securities and Exchange Commission . You can subsidize your account by signing in to your part region and adhering to the directions inside the deposit/withdrawal area. You can pursue an individual, joint, or corporate account by filling in the short online structure.

Deposit and withdrawal

They provide safe and fast payment methods via leading regional and international banks and E-Wallets. No need to download or install any software a it runs directly in most modern browsers. The web platform is great for when you need to access your account directly in the web browser without installing any software. I like how it is always up to date so that you can be sure you are running the latest version. The broker’s UK clients are protected by the Financial Services Compensation Scheme . This scheme protects eligible UK investors in the event of broker bankruptcy.

Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Vetted by multiple industry experts – including a financial research firm with more than 20 years of experience in broker ratings – Our Broker Ratings and Reviews embody industry best practices for research design. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide investment advice, offer or make solicitation of any investment products. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. No, Amana Capital is not a scam as it’s well regulated by a range of international authorities.

Yet, the broker should provide financial services only in the countries where it complies with a trading regime. Thanks to its offshore entity, it’s providing services practically anywhere, which is a red flag. Daily market reports, market research and market news provide members with all the latest updates and predictions. Amana’s fx glory technical tools include technical analysis reports via Trading Central with comments and Daily Action Price Alerts by Autochartist. In addition, TradeCaption offers insightful analytics to keep track of trading opportunities. The Pip Value calculator is another great tool for anyone wanting to know the value per pip for forex.

Author of this review

This tool is free for “active trader” accounts and is very useful for advanced traders that have to operate around-the-clock trading systems on a virtual server. It will decrease latency and guaranteeing dependable connections even when their platforms are not functioning on their machines. The way it works is that the MAM user opens a master account, and other traders’ accounts are linked to it.

Get to know Amana Capital: The company vision

Since MetaTrader is the best platform in the industry, we highly support the decision of the broker to offer it to its traders. Additionally, clients funds are protected by the British Financial Services Compensation Schemes as well as the Cypriot Investors Compensation Fund. Take Profit, Stop Loss and Limit Buy/Sell are part of the robust risk management systems available to Amana Capital members. When it comes to choosing a broker, regulation is one of the first things that I look for.

Separate support numbers are available for Malaysia, Lebanon, Cyprus, United Kingdom and the United Arab Emirates. Traders can also get in touch with Amana Capital via Facebook, Twitter, Facebook Messenger, YouTube, LinkedIn and Telegram. The FAQ section is divided into several sections and answers all the most frequently asked question regarding accounts, withdrawals and funding of accounts. E-Learning tutorials available on the website includes the CFDS and Stocks eBook, Commodities and Futures eBook as well as the Forex eBook. The trading academy section features an informative financial library featuring a variety of information on margin trading, the currency market foreign exchange and a how to trade tutorial. Members new to online trading can also benefit from a range of webinars offered across all levels including beginning, intermediate and advanced.

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.

Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways.

All you need is a valid login, password, and server address, which allows you to connect to your Amana Capital trading account through any MT4 version of your choice. Amana Capital may be a good broker that offers a safe and secure trading product from a regulatory perspective, but you can open an ECN account at other brokers that offer even better safety for your trading funds. The broker obviously examined what platforms are popular in Europe, and as the majority of brokers, Amana Capital also came to the conclusion that Meta Trader 4 is the best choice. The sophisticated platform is an all-around platform with great features suitable for both, beginners and experienced traders. The exquisite platform comes with free signals, a free demo account, auto-trading options, and much more.

Your money is not kept within the company accounts and they are closing their affiliate in Lebanon and wants to give back you money but you can’t withdraw your account from the Bank. Amana Capital offers a limited number of base currencies compared to other similar brokers. Amana Capital has not won any recent awards, but based on its regulatory oversight we can say that it is a reliable, secure broker which protects its client funds. It maintains regulation from some of the world’s top regulators, including the UK’sFCA, theDFSAinDubai,CySECinCyprus, theCMAfromLebanon, theLFSAofMalaysia, and theFSCofMauritius.

Is Amana Capital regulated and licensed?

While MT5 is the updated version of the most used platform MT4 with an advanced multi-feature platform effective trading tools, a variety of pre-installed technical indicators and live pricing. See the table below along with other costs in order to compare the Amana Capital pricing offers, where prices are for reference defining a Classic account basis. For instance, you can also see also fees of another popular broker FP Markets. Amana Capital offers copy trading services with ZuluTrade, which is a third-party platform.

Investors can choose to follow any provider and automatically replicate his trades in his own account. The signal providers earn a commission from any profits saxo bank broker review made by their followers. Amana is a specialist in online trading, providing international financial services in Forex, cryptos, commodities, & stock indices.

Beginners are covered with a decent variety of educational resources whereas free demo accounts are also available. The minimum deposit to get started is just $50 with lots of convenient funding options for you to choose from. I think this broker can be a decent choice for anyone who is looking to trade within a regulated environment backed by 24/5 customer support. Amana Capital is a trustworthy and dependable broker offering trading on a broad range of tradable assets.

Each one of these is graded, and an overall score is calculated and assigned to the broker. In addition to the desktop applications, Amana Capital also offers MT4 and MT5 WebTrader, which are the browser-based version of the platforms, along with mobile and tablet versions of both iterations. Multiterminal is also available if you are managing numerous accounts simultaneously. Overall, Amana Capital offers fewer trading account currencies than most other large international brokers, but it offers accounts denominated in GBP. For traders that trade in large volumes , it is better to open an account denominated in USD at a digital currency bank, especially for trading on assets such as the EUR/USD.

The platform also allows users to place orders, monitor the market, view account details, copy transactions, and rely on automated trading strategies. Both platforms support PC/Mac, mobile phones, tablets, and other devices to access. The broker provides you with several ways to keep connected to your trading account. Be it from PC, mobile, or tablet – all you need is a steady internet connection! 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.

All participants can see the trades of best-ranked investors and copy them to their accounts in real-time. To start, you need to activate Zulutrade through your Amana Capital account. Amana Capital Review – Mobile Trading AppIn 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 Account, Financial Calculators, Trading Signals, Trade Captain, VPS, and Economic Calendar.

Today, it has a global position and plans on growing its outreach in the European and Asian markets. Then another page will pop up, which requires more specific info like employment details, trading experience, financial worth, etc. It may ask for you to upload your ID details for verification purposes. If you are truly earnest in opening an Amana Capital account, it is to your advantage to review all the fees involved.

They have fast, convenient and high-tech trading platforms such as MT4 and Mobile version. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. There are some basic trading guides that may be useful to the absolute beginner but most of the information you can find for free online somewhere else. They do host seminars and webinars from time to time which can help you learn from those with experience.

Bid/offer spreads are very competitive and start from as low as 2 pips. There are no hidden commissions and we found the whole experience to be open, transparent and easy. Amana Capital is part of a group of companies specializing in providing brokerage services across a number of different countries, with strong emphasis on the Arab community. It comprises Amana Financial Services UK, Amana Capital Lebanon, Amana Capital Cyprus, ad SouqElmal.com UAE. All entities are licensed and registered in their own locations by various local regulatory bodies.