Amana Capital does not collect account or inactivity fees; nonetheless, it does charge deposit and withdrawal fees that are quite large. Products available via Amaya Capital include cryptocurrencies such as Ripple vs USD, Litecoin vs USD, Bitcoin vs USD and Ethereum vs USD. Additionally, Cash CFDs and futures CFDs are offered as are commodities such as FTSE 100, Germany DAX 50, US Dow Jones 30 and US SP500. Spot energies include Brent UK and WTI Spot Oil, while commodity trading includes spot silver and spot gold. Amana Capital offers multilingual support available 24/5 via telephone, call back, email, and messenger services such as WhatsApp, Facebook Messenger, Twitter, and Telegram. Amana Capital’s customer support is disappointing compared to other similar brokers.

• The offerings of Amana Capital include trading with forex, indices, commodities, cryptocurrencies, and shares CFDs.
• You can start with a risk-free demo account to warm up, or delve deeper and start with a real account from as little as $50.
• She continues to develop her skills and knowledge in Forex trading and keeps a close eye on which Forex brokers offer the best trading environments for new traders.
• All orders are performed with Market execution and varying according to the trading size and choice of platform.

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. It also features a user-friendly interface that allows traders to view their orders, trades, and accounts, all the while keeping track of the latest market updates. Whether the trader is a beginner or a professional, Amana Capital has the right solution for all with different account types or technology offerings.

Top 3 Alternatives to Amana Capital

The Amana Capital group works with prominent banks and facilitates fast transactions with withdrawals and deposits. Clients in different jurisdictions may apply different payment methods along with the processing deposit of withdrawal fees where applicable. Traders have the option to open a demo or live account on any of the accounts. Amana allows you to stay on track with your trades and quickly place orders anywhere, anytime, by accessing your real or demo account through your mobile or tablet.

Market news is reported daily and market reports are posted on the site as soon as they are made available. Which means that traders are always kept well informed of market changes. There are video commentaries to accompany the market reports, but these seem to be mostly in Arabic. But that doesn’t mean you’re going to be left out if English is your native language. There are seminars relating to technical analysis and a range of other topics taking place throughout the trading month, and the time and locations are well detailed in the website. If Social Trading is your thing then Amana Capital has a lot to offer.

By default all new accounts opened via the amana app are opened with AFS Global Ltd, licensed and regulated by the Labuan Financial Services Authority, Labuan Malaysia. Build a unique watchlist to receive personalized notifications anytime, anywhere. And as our community grows, so does our opportunity to bring costs down for everyone. This broker did not score well during our testing process and is not recommended by our experts.

Amana Capital Q&A

They ensure their proliferation in the fast-paced world of international finance. Amana Capital has made the world’s most trusted technical tools easily accessible to you through Autochartist.com, and TradeCaptain. Due to these regulations, the Amana group enables safe trading conditions with a strategic focus on providing a safe and reliable trading environment for clients. One of the first things a potential trader needs to establish is whether a broker like Amana Capital is safe to trade with. One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions. You can start trading with a minimum of $100 and receive a $50 bonus credited into your account.

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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, amana capital broker 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. It has a similar interface and feel to it, with increased features and functionality.

I think it is excellent for automatically finding customised signals that meet your own objectives. It can literally save you from hours of watching the charts and waiting for things to happen. The broker offers a variety of account types with no set minimum deposit requirement, giving its customers choice. To a wide spectrum of clients, including individual and institutional traders worldwide, the broker offers specialized solutions and a comprehensive range of trading instruments. If you want to learn how to trade and find a reliable broker, contact us today. The broker employs a multi-platform approach to cater to the diverse needs and preferences of traders.

Traders should note that although Amana Capital states that its accounts are market execution accounts with no requotes, Amana Capital acts as the principal and not an agent on the client’s behalf. This means that Amana Capital is the sole counterparty to the client’s trades and execution of orders is done in the Company’s name. Therefore, Amana Capital is also the sole Execution Venue for the client’s orders, which is why the spreads on Amana Capital’s Classic Account are not as favourable as those of other brokers.

Client Review

Investing in U.S. and regional exchange-traded stocks and ETFs commission-free carries risk since the value of investments can go up and down. Leveraged OTC derivatives and crypto asset trading outside an exchange is highly volatile, holds a high degree of risk and may expose investors to significant and rapid losses. Investing in such derivative instruments might not be suitable for all investors. Before trading, investors should ensure they fully understand the risks involved in all financial products amana offers. Crypto assets are not regulated and offer no regulatory consumer protection like other leveraged OTC derivatives. I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.

Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account. Amana Capital ensures traders have access to all the latest information, market movements and trading options via a variety of apps optimised for smartphones. This includes the MT4 for iPhone and Android as well as the MT5 for both iPhone and Android. Tablet apps include the MT5 for Android and iPad while the MT4 app is available for iPad and tablets.

Amana Capital offers an Amana Prepaid card which can be issued on request. This special card can also be used to draw profits from ATMs or shops online. It is free of charge but $3 is charged when money is loaded into it and a 1.5% withdrawal fee applies. TradeLoss Recovery Account is for traders where they are helped to compensate their trading losses. It is designed for retail traders who are looking to add an extra layer of protection against trading losses.

Payments can be processed from the client portal once you’ve received your login details. The owners have ensured plenty of assets are on offer at Amana Capital, including 54 FX pairs and a variety of popular future and cash stock indices, such as the Dow Jones and FTSE 100. With fractional trading, you can own snippets of the shares you like without breaking the bank. With access to free guides, step-by-step tutorials and a vibrant trading community, owning your know-how has never been easier.