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Score
United Arab Emirates
Regulated in United Arab Emirates
Retail Forex License
Lebanon Financial Service Revoked
Suspicious Overrun
High potential risk
Benchmark
Influence
Add brokers
Comparison
Quantity 6
Exposure
Score
Regulatory Index6.40
Business Index7.87
Risk Management Index0.00
Software Index5.76
License Index5.87
Single Core
1G
40G
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Company Name
Amana Capital Ltd
Company Abbreviation
amana
Platform registered country and region
United Arab Emirates
Company website
X
YouTube
971553289470
Company summary
Pyramid scheme complaint
Expose
Trap you by high returns. Don't be cheated
I have successfully withdrawn twice before, and I want to withdraw all the amount for the third time, the account will be frozen, ask customer service, ask to deposit the same amount within the deadline, then you can withdraw, if not deposited, the amount will be deducted every day. Today, this app has been getting errors and changing the app download URL
If you apply for a withdrawal, you must also be upgraded to a gold member to be able to withdraw without running volumn requirement, but you can't withdraw part of the money after you have recharged it... It is also stipulated that you must recharge within the time limit, otherwise it will be deducted from the account until the deduction is exhausted.
The official website cannot be opened using multiple browsers. This situation would not occur with a legitimate platform.
Now I can't withdraw funds and I deposited ¥600,000. What should I do
I knew a customer manager this September. She pushed me to opene an account. I opened an account on October 10. I deposited 30,000 on the same day and lost, just over 200 left. I deposited another 50,000 on the morning of October 11. A staff helped me to operate and there was ober 800,000 in the afternoon. But I can't withdraw. The customer service said I have to pay personal income tax. I transferred three times to three designation accounts, 70,812 in total. I was asked to pay over 70,000 as certification fund. Now I called the police for it's a fraud platform.
amana Review Summary | |
Founded | 2021 |
Registered Country/Region | United Arab Emirates |
Regulation | DFSA, CMA, LFSA, BDL (Revoked), SCA (Exceeded), CYSEC/FCA (Suspicious Clone) |
Market Instruments | 6,000+, Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, Metals |
Demo Account | / |
Leverage | Up to 1:100 |
Spread | 70% Lower Spread |
Trading Platform | amana App, amana Web, MT4, MT5 |
Minimum Deposit | / |
Customer Support | Live chat |
Email: support@amana.app | |
Social Media: Facebook, Twitter, Instagram, YouTube, LinkedIn, TikTok, Messenger, Telegram, WhatsApp |
Based in the United Arab Emirates, Amana is an online trading platform, offering 6,000+ tradable products, including Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, and Metals. It claims to offer leverage up to 1:100 and a spread 70% lower. This company holds multiple licenses from various authorities, while most of the licenses are effective, some of the licenses are revoked, exceeded, or suspected to be a fake clone.
Pros | Cons |
Various market offerings | Some licenses are exceeded, revoked or suspected to be a fake clone |
No commissions | |
MT4 and MT5 supported | |
Three account types | |
Various payment methods | |
Live chat support |
amana operates under various regulatory frameworks across different jurisdictions. However, when it comes to regulatory status, while most entities are regulated, some have had their licenses revoked or are flagged as “Suspicious Clone” by certain authorities.
Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
![]() | Dubai Financial Services Authority (DFSA) | Regulated | Amana Financial Services (Dubai) Limited | Retail Forex License | F003269 |
![]() | Capital Markets Authority LEBANON (CMA) | Regulated | Amana Capital SAL | Retail Forex License | 26 |
![]() | BANQUE DU LIBAN (BDL) | Revoked | Amana Capital S.A.L. | Financial Service | 60 |
![]() | Labuan Financial Services Authority (LFSA) | Regulated | AFS Global Limited | Straight Through Processing (STP) | MB/18/0025 |
![]() | Securities and Commodities Authority (SCA) | Exceeded | Amana Mena Promotional Services L.L.C | Investment Advisory License | 20200000255 |
![]() | Cyprus Securities and Exchange Commission (CySEC) | Suspicious Clone | Amana Capital Ltd | Market Maker (MM) | 155/11 |
![]() | Financial Conduct Authority (FCA) | Suspicious Clone | Amana Financial Services UK Limited | Straight Through Processing (STP) | 605070 |
amana asserts to offer over 6,000 types of market instruments, including Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, and Metals.
Trading Asset | Available |
forex | ✔ |
metals | ✔ |
commodities | ✔ |
indices | ✔ |
stocks | ✔ |
cryptocurrencies | ✔ |
ETFs | ✔ |
bonds | ❌ |
options | ❌ |
funds | ❌ |
There are three types of car available on this platform, Meta Trader 4 (Hedged), Meta Trader 5 (Hedged), and Meta Trader 5 (Netting), each comes with different trading conditions.
Account Type | MetaTrader 4 (Hedged) | MetaTrader 5 (Hedged) | MetaTrader 5 (Netting) |
Trading Assets | 100+ assets | 3,700+ assets | 3,700+ assets |
Expert Advisors for automated trading | ✔ | ✔ | ✔ |
Advanced indicators and analysis tools | ✔ | ✔ | ✔ |
Multi chart support | ✔ | ❌ | ❌ |
One-click trading | ❌ | ✔ | ✔ |
Ticket-based trading | ✔ | ✔ | ✔ |
MENA exchange-traded stocks | ❌ | ✔ | ✔ |
US exchange-traded stocks | ❌ | ❌ | ❌ |
Fractional trading | ❌ | ❌ | ❌ |
Net-based positions | ❌ | ❌ | ✔ |
Amana offers distinct leverages based on the asset class. 1:100 is the maximum leverage on this platform. Traders can contact the customer support team to request more leverage.
Asset Classes | Standard Leverage | High Leverage |
Major Forex | 25x | 100x |
Minor Forex | 20x | |
Gold | ||
Silver | 10x | |
Index Future Derivatives | 20x | |
Energy Futures Derivatives | 10x | 50x |
Commodity Futures Derivatives | 25x | |
Spot Index Derivatives | 20x | 20x |
Spot Energy Derivatives | 10x | 50x |
The spread on this platform is committed to being 70% lower. According to amana, traders are allowed to enjoy commission-free on all assets.
However, amana charges overnight financing fees on US Stock Derivatives (OTC), US ETFs derivatives, Regional stock Derivatives, Leveraged crypto, Forex Derivatives (OTC), International Stock derivatives (OTC), and Spot market derivatives (OTC).
Plus, amana charges a clearing fee on Regional stocks (exchange traded/OTC) and Regional stock derivatives (OTC).
Traders on this platform get access to amana App, which is an all-in-one trading app that grants access to 5,500+ commission-free assets across global and regional markets. From stocks, cryptocurrencies, forex, metals, and indices to ETFs, commodities, and more.
In the meantime, amana also provides access to MT4 and MT5, which are popular trading platforms widely used for forex, CFDs, and other financial markets trading.
Trading Platform | Supported | Available Devices | Suitable for |
amana App | ✔ | Desktop, Mobile, Web | / |
MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
MT4 | ✔ | Desktop, Mobile, Web | Beginners |
These are the payment options available on this platform: Visa, Mastercard, amana Prepaid Card, Apple Pay, Wire Transfer, UAE instant banking, Neteller, Whish Money (Lebanon), Skrill, and digital currencies.
Amana claims that traders can enjoy zero fees on all card deposits and withdrawals.
Leading online financial trading firm, Amana Capital, recently announced the appointment of Joy Dabeet as its new Chief Marketing Officer.
UAE-based FX and CFDs broker, Amana Capital has made two new appointments to its product leadership team, selecting Matt Carstens to spearhead its product experience, along with Justin Biebel who will handle product implementation.
Dubai, UAE: Amana Capital, one of the leading online trading specialists in the MENA region, has announced two new appointments to its product leadership team to bring a world-class user experience to Amana’s customers in line with the company’s digital transformation. The firm has named tech veteran Matt Carstens as the new Director of Product Experience and Justin Biebel as Director of Product Implementation.
Fund manager Amana capital is seeking to raise $2 million (Sh227.8 million) in the form of debt and/or equity.
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