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amana Forex Broker keeps up-to-date with the latest trading account information, including Standard Account maximum leverage of --, trading varieties, and more

Rating Index

Pros

Well-regulated by multiple authorities, providing a lower risk environment for traders.
Offers a wide range of trading instruments including forex, commodities, and cryptocurrencies.
Competitive trading conditions for higher deposit accounts, with tight spreads and advanced trading tools.

Cons

High minimum deposit requirements for accounts with better trading conditions.
Limited market analysis and research resources compared to other brokers.
Deposit and withdrawal fees can be relatively high, impacting overall trading costs.

amana broker Accounts

Standard Account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$50
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
360+

Amana Capital Account Types

Amana Capital offers a variety of account types tailored to meet the needs of different traders. The available account types include:

  • Amana Classic Account
    • Minimum Deposit: $50
    • Spreads: Starting from 1.4 pips
    • Leverage: Up to 1:500
    • Commission: No commission on forex and cash CFDs; $10 per lot on futures CFDs; $0.02 per share on share CFDs (minimum $15 per transaction).
    • Platforms: Compatible with both MT4 and MT5.
    • Amana Active Account
      • Minimum Deposit: $25,000
      • Monthly Trading Volume: At least $100 million
      • Spreads: Very tight spreads starting from 0.1 pips
      • Commission: $30 per million on forex; no commission on cash CFDs; $5 per lot on futures CFDs.
      • Additional Features: API trading, dedicated VPS, and a personal relationship manager.
      • Amana Elite Account
        • Minimum Deposit: $250,000
        • Features: Access to ultra-tight spreads, reduced fees, and personalized coaching from account managers.
        • Platforms: Available on MT5 only.
        • Amana Shares Account
          • Minimum Deposit: None
          • Features: Specifically for trading CFDs on over 280 US stocks.
          • Commission: $0.02 per share with a minimum of $15 per transaction.
          • Platforms: MT5 only.
          • Islamic Account
            • Swap-free accounts available for Muslim traders, adhering to Sharia law.

            Amana Capital Broker Account Opening Process

            Opening an account with Amana Capital is a straightforward process. Here are the steps involved:

            • Visit the Amana Capital Website: Go to the official website of Amana Capital.
            • Choose Account Type: Select the preferred account type from Classic, Active, Elite, Shares, or Islamic accounts.
            • Fill Out Registration Form: Provide required details such as name, email, phone number, and preferred platform.
            • Verification: Upload identification documents (passport, national ID, etc.) for verification.
            • Fund Your Account: Make the initial deposit using various methods (bank transfer, credit/debit cards, e-wallets).
            • Confirmation: After verification, you will receive a confirmation email, and your account will be activated.
            • The entire process typically takes about 30 minutes to complete.

              For more details, you can visit the following sources:

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