amana capital broker

Amana Capital has a negative balance protection policy for eligible clients. When it comes to choosing a broker, regulation is one of the first things that I look for. I would always prefer to use a regulated broker as they must comply with a strict set of rules and procedures that have been put in place to protect investors. I am therefore pleased to see that Amana Capital is regulated in multiple jurisdictions by what I would personally consider to be some top-tier regulators.

Amana Capital’s educational section is comprehensive and useful for beginner traders, but it is not as good as the best brokers in this space. Overall, Amana Capital offers an excellent range of useful trading tools. It is free to all Amana Capital clients and offers a rich set of tools to customize and protect your trades.

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. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. The built-in charting system comes with 21 timeframes with 80 analytical objects and advanced technical indicators.

Trading Fees

Before you can trade any of the markets, you need to deposit at least $50 into a Classic account. Yes, the broker’s asset management program supports the use of PAMM accounts. Compare the markets and instruments offered by Amana Capital and its competitors.

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Beginners can learn the basics of trading, or experienced traders can use it to brush up on their strategies. The demo account is available for 30 days, on both the MT4 and MT5 desktop and mobile apps. This is still a pretty good type of trading account, which offers spreads starting from 1.4 pips and no commissions on forex and spot CFDs (not futures).

Trading Hours

Amana Capital is multi-regulated Forex and CFD broker that offers a good selection of more than 800+ assets for trading online via the sophisticated MetaTrader (MT4 & MT5) platforms. You can get access to some decent trading conditions including low spreads and commission fees along with rapid trade execution speeds with minimal slippage. They have everything you need if you are looking to trade on all of your devices from one trading account.

Beginners will find Amana Capital’s education section comprehensive and detailed, but it offers virtually no market analysis. Other disadvantages are a largely unresponsive customer support service, and substantial fees for deposits and withdrawals. Amana Capital is a multi-regulated broker with over 800 CFD instruments available for trading on the user-friendly MetaTrader platforms for desktop, web and mobile. Investors can access social trading via ZuluTrade and managed accounts are supported along with other top-quality tools such Autochartist for conducting professional market analysis. ZuluTrade is one of the leading social trading platforms in the world today. Amana Capital has partnered with them to bring ZuluTrade to its clients so they can share trading strategies.

Most methods are instant, except bank wire transfers which can take 2 – 5 business days to process. Mobile traders can opt for MT4 or MT5 mobile apps, which are fully compatible with iOS and Android phones. The apps are well-reviewed online for their ease of use and technical trading capabilities, making trading from anywhere possible. Amana Capital offers three promotional offers to traders under its Malaysia-regulated entity (Read about no deposit bonus Malaysia).

Company and Service

Amana Capital charges deposit and withdrawal fees on most of the methods. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

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. If you want to trade in US shares, you can opt for the Shares or the ZuluTrade account. If you are an ardent online social media practitioner, amana capital broker then you will like this tool. Amana Capital has collaborated with ZuluTrade so that its users will have the best of both worlds which will make trading very engaging and collaborative. Amana Financial Services (Dubai) Limited is authorized and regulated by the Dubai Financial Services Authority – DFSA (License number F003269).

MT4 is replete with tools for efficient trading and detailed markets analysis. It also supports automated trading through the use of expert advisors (EAs). There is a built-in strategy tester that can run EAs over historical data – although this feature does have significant limitations.

How do I sign up for a real account at Amana Capital?

Amana Capital offers MetaTrader 4 and MetaTrader 5 platforms to the traders. These are industry standard third-party platforms developed by the company MetaQuotes Software. The broker charges commission on share CFDs trading and for all asset classes on its top-tier accounts. 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.

They ensure their proliferation in the fast-paced world of international finance. Overall, Amana Capital’s account-opening process is fully digital and hassle-free and accounts are generally ready for trading once all documentation has been approved. When making this calculation, we used one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread.

amana capital broker

So that we don’t waste your time, we don’t update these reviews either. We know you don’t want to read a long review of an untrustworthy broker. Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country.

Beginners often do not want to risk trading large sums of money, and will generally not be able to trade full-time during the workweek. Amana Capital offers a single trading account, which is suitable for beginner traders, but it also offers an Active Trader Programme and Elite Account for more experienced traders. In compliance with these rules, Amana Capital ensures that all client funds are held in segregated accounts at tier-1 banks. It also offers negative balance protection to all clients, so traders can never lose more than they have in their trading account.

You can also download mobile apps from the package, which allows you to choose the right version for your iOS, Android, or iOS for tablet devices. The MT4 platform, which is also available to those who wish to remain there, is still available along with a variety of MultiTerminal features. Amana Capital’s five principal entities are regulated by the respected local authorities. These regulations are mandatory in all jurisdictions where the broker operates its branch.

amana capital broker

Amana Capital convinces with a wide range of products, low minimum deposit amounts, fair conditions as well as multiple regulations across borders. 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. 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.

If that happens, then the FSCS can pay compensations to eligible clients. 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. Onsite and Online educational programs to novice, intermediate and expert traders.