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amana Company

  

Amana Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Amana Company, officially known as Amana Capital, was established in 2010. The firm emerged as a response to the growing demand for accessible and efficient trading solutions within the Middle East and North Africa (MENA) region. It has since positioned itself as a reputable broker in the financial services sector.

  

Parent Company/Ownership Structure

  Amana Capital operates under the umbrella of a larger financial services group, 180 Capital. This ownership structure allows it to leverage resources and expertise from a diverse range of financial markets and services, enhancing its operational capabilities.

  

Headquarters Location

  The company's headquarters is located in Dubai, United Arab Emirates, a strategic financial hub that facilitates its operations across the MENA region and beyond.

  

Global Business Scope

  Amana Company serves a global clientele, reaching over 320,000 traders across 80 countries. The firm offers a diverse array of trading products, making it a significant player in the international trading landscape.

  

Main Regulatory Bodies

  Amana Capital is regulated by several key financial authorities, including:

  • Financial Conduct Authority (FCA) in the UK
  • Dubai Financial Services Authority (DFSA) in the UAE
  • Cyprus Securities and Exchange Commission (CySEC)
  • Lebanese Capital Markets Authority (CMA)
  • Labuan Financial Services Authority (LFSA) in Malaysia
  • Financial Services Commission (FSC) in Mauritius

  These regulatory endorsements help ensure compliance with international trading standards and enhance client trust.

  

2. Company History and Development

  

Key Milestones

  Since its inception, Amana Company has achieved several key milestones, including the expansion of its service offerings and the establishment of regulatory licenses across multiple jurisdictions.

  

Business Expansion Journey

  The company began its operations focusing on forex trading but has since diversified its portfolio to include CFDs, stocks, and cryptocurrencies. Over the years, Amana has expanded its reach significantly, establishing a presence in various international markets.

  

Customer Base Growth

  Amana's customer base has grown substantially, with over 320,000 active traders currently utilizing its services. This growth can be attributed to its commitment to providing accessible trading solutions and a user-friendly platform.

  

Platform Development History

  Amana Capital has continually enhanced its trading platforms, including the development of proprietary platforms like the Amana App and web-based trading solutions. The integration of MetaTrader 4 and MetaTrader 5 has also been pivotal in providing advanced trading capabilities to its users.

  

Important Awards or Recognitions Received

  Throughout its history, Amana has been recognized for its commitment to transparency and customer service. It has received several awards, including accolades for being a leading forex broker in the MENA region.

  

3. Trading Services Offered

  

Forex Trading Options

  Amana Company offers a wide range of forex trading options, providing access to over 70 currency pairs. This extensive selection allows traders to engage in various market strategies.

  

Stock Trading Options

  The firm provides access to both US and MENA stocks, allowing traders to invest in a diverse array of equities without incurring commissions on the first $100,000 of their investments.

  

CFD Trading Products

  Amana Capital offers a comprehensive suite of CFD products, enabling traders to speculate on price movements in various markets, including indices, commodities, and cryptocurrencies.

  

Other Financial Instruments

  In addition to forex and stocks, Amana provides trading opportunities in cryptocurrencies, with over 450 crypto assets available, and various commodities such as gold and oil. This diverse offering helps traders to hedge their investments and capitalize on market volatility.

  

Special Services or Unique Advantages

  Amana Company stands out for its zero-commission model on MENA stocks, competitive spreads, and a range of educational resources. Additionally, the availability of a demo account allows new traders to practice without financial risk.

  

  

Detailed Regulatory Information

  Amana Capital is regulated by multiple bodies, ensuring compliance with stringent financial standards:

  • FCA: Regulates operations in the UK.
  • DFSA: Oversees activities in the UAE.
  • CySEC: Governs services in Cyprus.
  • CMA: Regulates operations in Lebanon.
  • LFSA: Provides oversight in Malaysia.
  • FSC: Regulates activities in Mauritius.

  

  Amana operates through several legal entities based on its geographical presence:

  • Amana Financial Services UK Ltd (FCA)
  • Amana Capital Ltd (Cyprus, CySEC)
  • Amana Financial Services (Dubai) Ltd (DFSA)
  • AFS Global Ltd (Malaysia, LFSA)
  • ACG International Ltd (Mauritius, FSC)

  

Client Fund Protection Measures

  To protect client funds, Amana Capital employs various measures, including segregated accounts and negative balance protection. These practices ensure that client investments are safeguarded against potential broker insolvency.

  

Countries/Regions Served

  Amana's services are available in numerous countries, primarily focusing on the MENA region, Europe, and parts of Asia. The firm is committed to expanding its global footprint.

  

Compliance History

  While Amana Capital is generally regarded as a compliant broker, it has faced scrutiny and reports of withdrawal issues. Prospective clients are encouraged to conduct thorough research before engaging with the platform.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Amana Capital faces competition from several other brokers, including:

  • OctaFX: Known for competitive spreads and low commissions.
  • FXOpen: Offers a user-friendly platform suitable for beginners.
  • Hantec Markets: Provides a versatile range of trading tools for all trader levels.

  

Positioning in the Industry

  Amana Company positions itself as a leading broker in the MENA region, focusing on transparency, customer support, and a wide range of financial products. Its commitment to regulatory compliance and client education further enhances its standing in the industry.

  

Market Differentiation Factors

  Amana differentiates itself through its zero-commission trading on MENA stocks, a rich array of educational resources, and a robust mobile trading platform. These factors contribute to a positive trading experience for both novice and experienced traders.

  For further information about Amana Company, including detailed trading conditions and services, please visit learn more.

  

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