Abstract:Amana Capital is a broker that provides 360+ instruments including forex, indices, precious metals, energies, commodities, shares CFDs, and cryptocurrencies. The broker also provides accounts with a leverage of 1:500. The minimum spread is as low as 0.4 pips (EURUSD on forex is 0.1 pips) and accounts for trading Forex & CFDs deposits of $50. Amana Capital is still risky due to its suspicious clone status.
Amana CapitalReview Summary | |
Founded | 2018-07-06 |
Registered Country/Region | Cyprus |
Regulation | Suspicious clone |
Market Instruments | Forex/Indices/Precious metals/Energies/Commodities/Shares CFDs/Cryptocurrencies |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | As low as 0.4 pips (EURUSD on forex is 0.1 pips) |
Trading Platform | MT4/MT5 (Mac/PC(Web/Multi Terminal)/Tablet/Mobile(iOS/Android)) |
Min Deposit | 0 |
Customer Support | Live chat |
Facebook/Twitter/LinkedIn/YouTube |
Amana Capital is a broker that provides 360+ instruments including forex, indices, precious metals, energies, commodities, shares CFDs, and cryptocurrencies. The broker also provides accounts with a leverage of 1:500. The minimum spread is as low as 0.4 pips (EURUSD on forex is 0.1 pips) and accounts for trading Forex & CFDs deposits of $50. Amana Capital is still risky due to its suspicious clone status.
Pros | Cons |
Leverage up to 1:500 | Suspicious Clone |
24/5 customer support | Unspecific transfer time and fee information |
Spread as low as 0.4 pips (EURUSD on forex is 0.1 pips) | |
Demo account available | |
Various tradable instruments | |
MT4/MT5 available |
Amana Capital is regulated by CSEC, LFSA, CMAL, and DFSA, whose license numbers are 155/11, MB/18/0025, 26, and F003269. The current status is 'suspicious clone'.
Amana Capital offers a wide range of market instruments, including forex, indices, precious metals, energies, commodities, shares CFDs, and cryptocurrencies.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Commodities | ✔ |
Precious Metals | ✔ |
Shares CFDs | ✔ |
Energies | ✔ |
Cryptocurrencies | ✔ |
Stocks | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Amana Capital accounts for Trader Forex & CFDs, Active Trader, Elite Services, and Shares Trading. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
Account Type | Trade Forex & CFDs | Active Traders | Elite Services | Shares Trading |
Spreads | As low as 1.4 pips | - | - | - |
Initial Deposit | $50 | - | - | - |
Maximum Leverage | Up to 1:500 | - | - | - |
Stop Out Level | 20% | - | - | 20% |
Commission | From 0 | - | - | - |
Minimum funding | - | $250000 | $250000 | - |
The spread is as low as 0.4 pips(EURUSD on forex is 0.1 pips) and the commission is from 0. The lower the spread, the faster the liquidity.
The account that trades Forex & CFDs provides a maximum leverage of 1:500 meaning that profits and losses are magnified 500 times.
Amana Capital cooperates with the authoritative MT4 and MT5 trading platforms available in Mac, PC, Tablet, and Mobile to trade. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Mac/PC/Tablet/Mobile | Junior traders |
MT5 | ✔ | Mac/PC/Tablet/Mobile | Experienced traders |
The minimum deposit is 0. Amana Capital accepts UnionPay, Bank, Visa, Mastercard, Skrill, and Neteller for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
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