amana Forex Broker

Amana Forex Broker - Complete Information Guide

1. Broker Overview

　　Amana Capital, established in 2010, is a leading financial service provider that specializes in online trading, offering a broad range of financial instruments to clients worldwide. The company is headquartered in the United Kingdom, with additional offices in Cyprus, the United Arab Emirates (UAE), Lebanon, and Malaysia. Amana Capital operates as a private entity, focusing on providing brokerage services to both retail and institutional clients.

　　Over the years, Amana has made significant strides in expanding its market reach and enhancing its service offerings. The company has achieved various milestones, including obtaining multiple regulatory licenses, which have helped solidify its reputation in the financial services industry. Amana Capital's parent company is 180 Capital, which is involved in various sectors, including financial services, international trade, and real estate development.

　　The broker operates on a business model that encompasses retail forex trading, contract for difference (CFD) trading, and institutional services. This diverse approach allows Amana Capital to cater to a wide range of trading preferences and investment strategies, making it a prominent player in the online trading landscape.

2. Regulatory and Compliance Information

　　Amana Capital is regulated by several top-tier financial authorities, ensuring a secure trading environment for its clients. The main regulatory bodies overseeing the broker include:

• Financial Conduct Authority (FCA), UK - License No. 605070
• Cyprus Securities and Exchange Commission (CySEC) - License No. 155/11
• Dubai Financial Services Authority (DFSA) - License No. F003269
• Labuan Financial Services Authority (LFSA) - License No. MB/18/0025
• Financial Services Commission (FSC), Mauritius - License No. C118023192
• Capital Markets Authority (CMA), Lebanon - License No. 26

　　These licenses are valid for the regions in which Amana Capital operates, providing clients with confidence in the broker's regulatory compliance. The company adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, ensuring that client funds are safeguarded and that trading activities are conducted transparently.

　　Client funds are held in segregated accounts at tier-1 banks, offering an additional layer of protection. Amana Capital also participates in investor compensation schemes, which provide further security for client investments.

3. Trading Products and Services

　　Amana Capital offers a diverse range of trading products to meet the needs of various clients. The broker provides access to over 66 currency pairs, including major, minor, and exotic pairs, making it a suitable choice for forex traders.

　　In addition to forex, Amana Capital offers a comprehensive selection of CFD products, including:

• Indices: Access to major global indices.
• Commodities: Trading options for precious metals, energy products, and agricultural commodities.
• Stocks: Over 332 share CFDs from major US, UK, and European exchanges.
• Cryptocurrencies: Trading options for popular cryptocurrencies, including Bitcoin and Ethereum.

　　The broker continually updates its product offerings, ensuring that clients have access to the latest financial instruments. Amana Capital caters to both retail and institutional clients, providing tailored solutions for each segment. Additionally, the broker offers white-label solutions for businesses looking to enter the trading market.

4. Trading Platforms and Technology

　　Amana Capital supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with advanced tools for market analysis and trading execution. These platforms are known for their user-friendly interfaces and robust functionality, making them suitable for both novice and experienced traders.

　　The broker also offers its proprietary web-based trading platform, designed to provide seamless access to global markets. Additionally, Amana Capital has developed a mobile application that allows traders to manage their accounts and execute trades on the go, available for both iOS and Android devices.

　　Execution models at Amana Capital include market-making and STP (Straight Through Processing), ensuring efficient trade execution. The broker utilizes advanced technology infrastructure, including high-speed servers, to facilitate optimal trading conditions. API access is also available, allowing clients to implement automated trading strategies and connect their trading systems.

5. Account Types and Trading Conditions

　　Amana Capital offers a variety of account types to cater to different trading needs. The primary account types include:

• Classic Account: Requires a minimum deposit of $50, with spreads starting at 1.40 pips and no commissions on forex trading.
• Active Trader Account: Designed for high-volume traders, this account requires a minimum deposit of $25,000, offering tighter spreads of 0.1 pips on the EUR/USD in exchange for a commission of $3 per lot.
• Elite Account: Aimed at professional traders, this account requires a minimum deposit of $250,000, providing the tightest spreads and negotiable commissions.
• Islamic Account: Available for clients who require swap-free trading conditions in compliance with Islamic finance principles.
• Demo Account: Amana Capital provides a demo account for practice trading, allowing clients to familiarize themselves with the trading platforms and strategies without risking real money.

　　Leverage varies depending on the account type and regulatory requirements, with maximum leverage of up to 1:100 for professional clients. The broker also implements a transparent overnight fee policy for positions held beyond one trading day.

6. Fund Management

　　Amana Capital offers a range of funding methods to facilitate deposits and withdrawals. Clients can fund their accounts using:

• Bank Transfers
• Credit/Debit Cards
• E-Wallets: Including Neteller and Skrill

　　The minimum deposit requirement is $50 for most account types, while the deposit processing time varies based on the method used. Amana Capital does not charge any deposit fees, but withdrawal fees may apply depending on the payment method. Withdrawals are typically processed within 1-2 business days, ensuring timely access to funds.

　　Clients should be aware of any potential fees associated with specific deposit and withdrawal methods, particularly for e-wallet transactions, which may incur charges. Overall, Amana Capital provides a user-friendly and efficient funding process for its clients.

7. Customer Support and Educational Resources

　　Amana Capital prides itself on providing comprehensive customer support to its clients. The broker offers multiple support channels, including:

• Phone Support
• Email Support
• Live Chat
• Social Media Platforms: Including WhatsApp, Facebook, and Twitter

　　Customer support is available 24/5, ensuring that clients can receive assistance during trading hours. Amana Capital supports multiple languages, catering to its diverse clientele across different regions.

　　In addition to customer support, Amana Capital offers a range of educational resources to help traders enhance their skills. These resources include webinars, e-books, and video tutorials covering various trading topics, such as market analysis, trading strategies, and risk management. While the broker provides valuable educational materials, it lacks in-depth market analysis services.

8. Regional Coverage and Restrictions

　　Amana Capital serves clients in several key markets, including the UK, Europe, Asia, and the Middle East. The broker has established regional offices in locations such as Cyprus, Lebanon, and the UAE, allowing it to cater to a diverse clientele.

　　However, certain countries are restricted from opening accounts with Amana Capital, including the United States and other jurisdictions with stringent regulatory requirements. It is essential for potential clients to verify their eligibility based on their country of residence before attempting to register with the broker.

　　In summary, Amana Capital is a regulated and reputable broker that offers a wide range of trading products and services. With its commitment to providing a secure trading environment and comprehensive customer support, Amana Capital continues to be a viable option for traders seeking to enter the online trading landscape.