amana capital

Amana Capital

Amana Capital
Amana Capital
Introduction
Licensing & Regulation
Mobile Trading with Amaya Capital
Brand & Functionality
Registration Process
Depositing Process
Amaya Capital Product Offering
Trade Execution
Banking
Customer Support
Trading Tools
Overall Rating:

Broker Information

User Rating
Leverage
Instruments
Platforms
Account Types
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Commissions
Founded
Customer Support
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  • Amana Capital
  • Amana Capital

Introduction

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Amana Capital is one of the leading online trading specialists connecting international traders to global markets. The Amana group’s vision is to be the most trusted in delivering ground-breaking financial services to cater to the needs of individual and institutional investors. Amana is backed by the investment firm Manara Capital, a company led by experienced shareholders with established track records in successful business building. Amana Capital Group comprises of several entities including Amana Capital SAL- Lebanon, Amana Financial Services Limited Dubai, Amana Capital Limited Cyprus, TradeCaptain, Amana Financial Services United Kingdom and AFS Global Malaysia.

Amana offers its extensive client base from all over the world top-tier banking services accessible via international and regional banks, numerous financial trading products including futures, spot metals and forex. Trading across multiple trading platforms including MetaTrader4 for Android and iOS smartphones, Mac and personal computers. The company is also favoured by online traders for its flexible leverage, exceptionally competitive spreads, no requotes and availability of macros & mini lots as well as execution with positive slippage. It is also known for its 24/7 dedicated client services and daily market analysis, Financial portal TradeCaptain and SMS alerts.

Amana Capital have not only enjoyed massive trading success but have also been honoured via several awards including Most Transparent FX Broker, Fastest Growing Broker, Best Regional FX Broker, Bes Standard Forex Broker and Customer Service Excellence.

Licensing & Regulation

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When it comes to safety and professionalism, Amana Capital adheres to all stringent rules and standards demanded via multi-country regulations. It furthermore maintains a client environment that offers full transparency to all clients.

Amaya Capital is regulated by international regulations such as the Cyprus – CySEC, Lebanon – CMA, Malaysia – LFSA, United Kingdom – FCA, and UAE -DFSA. All client funds are banked in segregated client accounts to ensure it is separate form Amana funds. Additionally, clients funds are protected by the British Financial Services Compensation Schemes as well as the Cypriot Investors Compensation Fund. Take Profit, Stop Loss and Limit Buy/Sell are part of the robust risk management systems available to Amana Capital members.

Mobile Trading with Amaya Capital

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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.

Available from either the App Store for iOS devices or Google Play for Android devices the MT5 Amana app enables traders to access all types of trade execution, trade CFDs, futures as well as stocks and forex. Fell sets of trade orders including stop-orders and pending orders, financial news, push notifications and alerts, built-in chat and the ability to access the history of trading operations are also offered. While mobile users also have access to 24 analytical objects and 30 technical indicators.

Brand & Functionality

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Amana Capital’s main goal remains to facilitate traders online trading needs in a user-friendly environment that is regulated and equipped to provide a secure and private experience. Improved customer support is offered via the company’s geographical presence through its extensive global partner-network, while bilingual professional support is available around the clock. A variety of account funding options ensure both speedy deposit methods and fast withdrawals. Its education portal features useful material and educational tools to assist online traders throughout their Amana journey.

Registration Process

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The registration process with Amana Capital is easy and offer a variety of options specific to different jurisdictions. Account holders have access to 24 commodities, cryptocurrencies, futures and commodities as well as 54 FX pairs. The maximum leverage is 1:30, while negative balance protection is included with all options.

Registration is spread across six sections starting with the entity selection. This is followed by personal and employment details, information regarding new client experience with trading, and finally legal and financial details. Once section completed, required documents can be uploaded.

Apart from the real account, Amana Capital also offers demo accounts in place to sharpen traders trading strategies in a completely risk-free online environment.

Depositing Process

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Account funding is made easy via multiple deposit options including Wire Transfers. Currencies available for funding accounts includes EUR, GBP and USD. The minimum deposit is $10, and deposits via wire will incur a $6 processing fee. Debit and credit card options include Visa, Maestro and MasterCard accepting EUR, GBP and USD with deposit fee charges of 1.5%. Skrill and Neteller deposit fees are 3.9% while the minimum deposit is EUR/GBP/USD10. All Epay deposits are free of charge while a 5% fee is charged on deposits made via Perfect Money, ADVCASH and PAYEER.

Amaya Capital Product Offering

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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.

24/7 Forex trading is offered on several pairs including both minors and majors such as AUDNZD, AUDNZD, AUDCHF, GBPUSD, NZDCAD, USDCAD, GBPJPY, GBPCAD, EURJPY, EURCHF, NZDJPY and NZDCHF.

Trade Execution

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Amana Capital places huge importance on the importance of all client’s orders and aims to provide high-speed execution within communication links and the limitations of technology. The minimum order size is 1,000 units of base currency and operation time starts on Monday’s at 00:00:01 through to Friday’s 00:00:00.

Banking

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Amana Capital does not charge any fees on outgoing bank wire transactions. It should be noted that outgoing transactions can take up to 5 business days before funds appear in client bank accounts. All withdraw fees for Mastercard, Visa, and Maestro are covered by the company with processing taking place instantly. Skrill withdraws fees are 1%, while Neteller fees are 2% with a cap at of $30 per transaction. EPAY withdrawals are free, while a 1% fee is applied on cash outs via PAYEER, ADVCASH and Perfect Money. WebMoney withdraws carry a 2.8% fee, while Moneta and 2% on Qiwi are 4.9% and 2% respectively.

Fast Bank Transfers including UK Bank Transfers, Euro Region Payments and International Payments are subject to a processing time of 2 to 5 business days with all fees covered by Amana.

Customer Support

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Customer support is offered through the use of several telephone numbers displayed on the website. Separate support numbers are available for Malaysia, Lebanon, Cyprus, United Kingdom and the United Arab Emirates. Support is also available via email, live chat and request a callback. Traders can also get in touch with Amana Capital via Facebook, Twitter, Facebook Messenger, YouTube, LinkedIn and Telegram. The FAQ section is divided into several sections and answers all the most frequently asked question regarding accounts, withdrawals and funding of accounts. E-Learning tutorials available on the website includes the CFDS and Stocks eBook, Commodities and Futures eBook as well as the Forex eBook. The trading academy section features an informative financial library featuring a variety of information on margin trading, the currency market foreign exchange and a how to trade tutorial. Members new to online trading can also benefit from a range of webinars offered across all levels including beginning, intermediate and advanced. Trading seminars are focussed towards teaching newcomers how to trade energies, metals, CFDs and FX.

Trading Tools

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Amana Capital trading tools include Lot Size, Pivot Point, Pip Value, Margin and Fibonacci forex calculators. The Fibonacci calculator tool enables traders to generate extension and retracement values in both the up/down trends when the high and low values of choice is entered. This makes it a powerful instrument in prediction approximate price targets.

The Pip Value calculator is another great tool for anyone wanting to know the value per pip for forex. It is also valuable in planning trading orders when several currency pairs are involved. The Lot Size calculator enables traders to calculate the size of the position in lots and units most used to manage risks. In evaluating the predicted profits or losses in intended operation on the forex market, the profit & loss calculator is a valuable tool. It calculates the profit/loss based on trading trends, closing positions and prices at opened trading positions.

Daily market reports, market research and market news provide members with all the latest updates and predictions. Amana’s technical tools include technical analysis reports via Trading Central with comments and Daily Action Price Alerts by Autochartist. In addition, TradeCaption offers insightful analytics to keep track of trading opportunities.