Amana Capital Broker Review

　　

Amana Capital 2025 Review: Everything You Need to Know

　　Amana Capital has established itself as a noteworthy player in the online trading landscape since its inception in 2010. With a strong regulatory framework and a diverse range of trading instruments, it attracts both novice and experienced traders. However, user experiences vary significantly, with some praising its competitive offerings while others highlight concerns regarding customer support and fees.

　　Note: It's essential to recognize that Amana Capital operates through multiple entities across different jurisdictions, which can affect account conditions and fees. This review aims to provide a balanced perspective based on various sources to ensure accuracy and fairness.

　　

Rating Summary

Category	Rating (out of 10)
Account Conditions	6.5
Tools and Resources	7.5
Customer Service	5.0
Trading Experience	6.0
Trustworthiness	8.0
User Experience	6.5
Overall	6.5

　　We assess brokers based on comprehensive research, including user feedback, expert opinions, and factual data.

　　

Broker Overview

　　Founded in 2010, Amana Capital is headquartered in Dubai, with additional offices in London, Cyprus, and Lebanon. It offers trading services across various asset classes, including forex, indices, commodities, and cryptocurrencies, primarily through the popular MetaTrader 4 and MetaTrader 5 platforms. The broker is regulated by several authorities, including the UK's FCA, Cyprus's CySEC, and the Dubai Financial Services Authority (DFSA), which adds to its credibility.

　　

Detailed Section

　　

Regulatory Regions

　　Amana Capital operates under multiple regulatory bodies, including:

• FCA (UK)
• CySEC (Cyprus)
• DFSA (Dubai)
• CMA (Lebanon)
• LFSA (Malaysia)
• FSC (Mauritius)

　　This regulatory diversity helps ensure a secure trading environment for clients, but it also means that account conditions may vary depending on the entity under which a trader is registered.

　　

Deposit/Withdrawal Currencies/Cryptocurrencies

　　The broker supports several base currencies, including USD, EUR, and GBP. It also offers cryptocurrency trading for Bitcoin, Ethereum, Litecoin, and Ripple, although availability may vary by jurisdiction.

　　

Minimum Deposit

　　The minimum deposit required to open an account with Amana Capital is relatively low at $50 for the classic account. This accessibility makes it attractive for beginner traders.

　　

Bonuses/Promotions

　　Amana Capital offers various promotional incentives, including a $50 deposit bonus for new clients who fund their accounts with a minimum of $100. However, details on ongoing promotions can vary, and traders are encouraged to check the broker's website for the latest offers.

　　

Tradable Asset Classes

　　Traders have access to a wide range of instruments, including:

• Forex: Over 66 currency pairs.
• Indices: 20 major indices.
• Commodities: Various commodities including gold and oil.
• Shares: CFDs on more than 280 US company shares.
• Cryptocurrencies: Limited to a few major coins.

　　

Costs (Spreads, Fees, Commissions)

　　Amana Capital's spreads start from 1.4 pips for major currency pairs, which is considered higher than the industry average. While there are no commissions on forex trades, other asset classes, such as futures and share CFDs, incur fees. For example, a $10 fee per lot applies to futures trading. Additionally, deposit and withdrawal fees can be significant, with credit card deposits attracting a 1.5% fee and electronic payment methods like Neteller and Skrill incurring higher charges.

　　

Leverage

　　The maximum leverage offered by Amana Capital varies by jurisdiction. Non-EU clients can access leverage up to 1:500, while clients in the UK and EU are limited to a maximum of 1:30 due to regulatory restrictions. This high leverage can be appealing for experienced traders but poses risks, especially for beginners.

　　

Allowed Trading Platforms

　　Amana Capital primarily utilizes the MetaTrader 4 and MetaTrader 5 platforms, which are well-regarded in the trading community for their robust features and user-friendly interfaces. These platforms support various trading strategies, including scalping and hedging.

　　

Restricted Regions

　　While Amana Capital serves clients from a wide range of countries, it does not accept clients from the United States, Canada, Japan, and a few other regions due to regulatory constraints.

　　

Available Customer Support Languages

　　The broker provides customer support in multiple languages, including English and Arabic. However, the availability of support is limited to weekdays, which has raised concerns among users regarding response times and service quality.

　　

Repeated Rating Summary

Category	Rating (out of 10)
Account Conditions	6.5
Tools and Resources	7.5
Customer Service	5.0
Trading Experience	6.0
Trustworthiness	8.0
User Experience	6.5
Overall	6.5

　　

Detailed Breakdown

　　

Account Conditions

　　Amana Capital offers several account types, including classic, active, and elite accounts, each tailored to different trading needs. The classic account is accessible with a low minimum deposit, but higher-tier accounts require significant capital and offer better trading conditions.

　　

Tools and Resources

　　The broker provides a decent range of educational resources, including webinars and market analysis, but much of the content is primarily in Arabic, which could limit accessibility for non-Arabic speakers.

　　

Customer Service

　　User feedback indicates that customer service can be slow and unresponsive, particularly regarding withdrawal issues. While the broker offers multiple channels for support, including live chat and social media, the quality of service has been inconsistent.

　　

Trading Experience

　　Traders generally report a satisfactory experience with the trading platforms, particularly with MT4 and MT5. However, some users have noted issues with execution speed during high volatility periods.

　　

Trustworthiness

　　Amana Capital is considered a reliable broker due to its multiple regulatory licenses and adherence to strict financial standards. However, ongoing concerns about customer service and withdrawal processes have led to some skepticism among users.

　　

User Experience

　　Overall, users have mixed feelings about their experiences with Amana Capital. While many appreciate the low minimum deposit and variety of trading instruments, issues with customer service and withdrawal processes have been a point of contention.

　　

Conclusion

　　Amana Capital presents a balanced offering for traders, particularly those looking for a regulated broker with a variety of asset classes and competitive features. However, potential clients should weigh the pros and cons carefully, especially regarding customer service and fees, before deciding to open an account. As always, conducting thorough research and considering personal trading needs is essential when choosing a brokerage.