Amana Capital Review 2022: 5000 Deposit Trade Tested ️

services commission

The trading costs on the EUR/USD at other good brokers tend to be around 9 USD per lot traded. 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.

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Amana Capital Group owns Trade Captain, which has a website in The site offers crucial tools for the trade like daily market analysis and updates, educational articles, and trends. There are eBooks for training in the Arabic language also found on the website. 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.

Trading Hours

The MT5 platform is more robust and complicated and might be a little confusing for a novice trader. It is highly effective for more advanced and sophisticated online dealings. There are versions available in the form of mobile apps and applicable in all iOS and Android devices, as well as applications for desktop computers. MT4 functions very well to gain highly complex market analysis and effective trading. It also corresponds a great deal to EAs or expert advisors, which is software for automated trading. There is a strategy tester already built-in, which makes the EA software function over the historical data.

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For more experienced and sophisticated ones, you can select between Amana Elite or Amana Active. This tool is akin to AI technology, wherein it has the capability of analysis of the trader’s data and output. It is for free as an add-on if you prefer to include it or not. It has a dashboard that will show your overall performance in trading, make predictions, and provide tips to better your abilities.

Amana Capital vs Other Brokers

amana capital withdrawald traders may also be interested in the Amana Elite Account with even lower spreads and flexible commissions in exchange for a minimum deposit of 250,000 USD. Forex trading only charges from spreads, no additional commissions. Indices, energies, and commodities tradings are charged a commission of USD 5 per lot, and a minimum commission of USD 15 is charged for each trading of stock CFDs.

technical analysis

Fees may be applied on a Swap Free trade in case trading positions are held open for more than 10 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. Account opening, deposits, and withdrawals are also smooth and fast on Amana Capital. However, we did not like the fees on deposits and withdrawals. We recommend traders to use credit cards for deposits and withdrawals as the fees with this are the lowest. Amana Capital offers CFDs trading services withforex, indices, stocks, commodities, and cryptocurrencies instruments.

Amana Capital’s trading fees are higher than other similar brokers. There is no guarantee of profit on any financial product amana offers, and past performance of a financial asset does not guarantee future returns. Any historical or hypothetical performance results are presented for illustrative purposes only.

Compare Amana Capital

Amana Capital’s multi-account management solutions are specifically designed and tailored to meet all business needs. Market news is reported daily and market reports are posted as they come in. Video commentary accompanies the market reports but these seem to be in Arabic only.

  • The ZuluTrade network has many traders throughout the world that also serve as signal providers.
  • Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
  • Trading is offered on both MT4 and MT5, and Amana Capital offers an excellent range of trading tools.
  • When trading a currency, you are borrowing one currency to purchase another.

It maintains regulation from some of the world’s top regulators, including the UK’sFCA, theDFSAinDubai,CySECinCyprus, theCMAfromLebanon, theLFSAofMalaysia, and theFSCofMauritius. Our app’s education tab features tutorials and how-to guides to support you on your trading journey. Build a unique watchlist to receive personalized notifications anytime, anywhere. Get access to all your favorite markets in just minutes, and benefit from opportunities around the world. And as our community grows, so does our opportunity to bring costs down for everyone. Amana empowers you to become a better investor with 24/7 access to a free learning center and an app that’s designed for swift, seamless trading.

Trading Platform

It is free to all Capital clients and offers a rich set of tools to customize and protect your trades. From MT4 and MT5 on a desktop to the smartphone and tablet apps for those who wish to monitor trades, or act on signals. All UK residents are eligible to open an account at Amana Capital but have to meet the minimum deposit requirement of 50 USD. Amana Capital’s non-trading fees are higher than other similar brokers.

All our funding and withdrawal requests were completed without any issues. For our tests, we have chosen popular instruments in each market.We placed 3 trades for each instrumentto get a picture of the average spread. Amana Financial Services does not charge any fees on debit or credit cards transactions, however a 1.5% fee will be deducted as part of the cost charged by the merchant payment solution provider. Neither is there a charge on Skrill transactions, but here too a 2% fee will be deducted as part of the cost charged by the provider of the service. The Pip Value Calculator informs traders of the value per pip for any traded Forex instrument and is a tool that can be to calculate and plan trading orders when dealing with major currency pairs or non-standard ones.


In addition, however, there are other tools and useful trading helpers to choose from. The client’s funds are deposited in separate bank accounts that the company cannot use for its operations. It is one of the requirements that Amana Capital has to uphold that the regulating bodies mandated.

Of particular note are the deposit fees charged for depositing and withdrawing via Neteller and Skrill. Fees for withdrawals range from 0.5% for UnionPay to 4.9% for Moneta. Card payments and fast international bank transfers are covered by the broker, and some e-currency payment systems such as Perfect Money are free. Amana Capital also does not charge for withdrawals via bank wire transfer, however, there may be charges incurred by your chosen bank.

The Amana Capital Group is a globally recognised forex broker in multiple jurisdictions, including the UK, the UAE, and Cyprus. In this review, we explore the members area, deposits and withdrawals, demo and real accounts, plus everything you need on fees and regulations. In addition, MT5 also includes 12 new chart time frames and a built-in economic calendar. 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 financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. With Autochartist, you can also get significant market updates and an economic calendar. Once you have opened an Amana Capital account, you have the option to also create a ZuluTrade account by putting in your information on the ZuluTrade web form, which will be sent to them once you finish. The ZuluTrade network has many traders throughout the world that also serve as signal providers. Similar to social media, you can follow a particular trader and duplicate his trades on your account. The provider will then get a commission once a follower earns a profit.

The webinars are divided into basic, intermediate and advanced levels and are all in Arabic. Every account opened at Amana Capital is a Swap-Free account and operates in accordance to Sharia laws which means that interest is not applied on trades held overnight. It maintains regulation from some of the world’s top regulators, including the UK’s FCA, the DFSA in Dubai, CySEC in Cyprus, the CMA from Lebanon, the LFSA of Malaysia, and the FSC of Mauritius. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site.


Trade all your favorite blue chip cryptos, plus hundreds of other digital assets with ease, security and no added fees. The customer service contacts we spoke to at Amana Capital were all helpful and quick to respond to queries. There’s also an overnight rollover fee , which is interest on trades that are kept open overnight. Over the last decade, the broker has gained momentum in the market, now reaching over 80 countries with additional office locations in London, the United Arab Emirates, Cyprus, Sri Lanka and Malaysia. The company also holds 6 regulatory licenses with the FCA , DFSA/DIFC , CySEC , CMA , LFSA , and FSC . The support staff on both live chat and email was quick enough to answer our query accurately and in detail.

Access global & local financial assets

The Amana MetaTrader4 platform is suitable for novices and experienced traders. 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 also offers a Shares Account, which will not be the focus of this review.
  • The texts on this page are not are not investment recommendations.
  • They are also provided tighter spreads on the least costly accounts.

Compare the markets and instruments offered by Amana Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Swissquote – Swissquote is an FCA-regulated forex CFD broker offering 400+ trading products. Most methods will also incur a fee, which starts from 1.5% for cards and goes up to £6 for bank transfers. E Pay and FasaPay are free and UnionPay is covered by the broker. There’s also gold and silver on spot and futures contracts, energies including crude oil, and soft commodity futures such as coffee and wheat.

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There’s also RiskPulse, a free intelligent data analytics tool that provides detailed analysis of trading performance, predictions, and scientific solutions. Amana Capital mobile tradingTraders can keep up-to-date with the financial news feeds, place advanced orders, and utilise the adapted charting features. There’s also custom mobile features available, including push notifications and an integrated mobile chat.

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