not verified

Amana Capital

  • Trading conditions
    49%
  • Platforms and tools
    60%
  • Credibility
    10%
  • Education
    67%
  • Support
    73%
  • Fees and payments
    41%
  • Users choice
    57%
2 reviews
3.8/5

Amana Capital is a brokerage company founded with the vision to become a premium industry leader in innovative financial services and technological solutions. The company offers Forex and CFDs for trading online. The broker began operations in Beirut in 2010 but has expanded to several countries. Today, the headquarters is in Dubai while it has subsidiaries in the UK, Cyprus, Mauritius and Malaysia. Amana Capital is part of 180 Capital; a financial investment, risk management and technological holding company. Amana Capital is multi-regulated Forex and CFD broker that offers over 360 assets for trading on the sophisticated MT4 and MT5 trading platforms. Investors are offered social trading via ZuluTrade and also MAM accounts. The brand also offers other trading tools such as VPS, trading signals, market news and analysis.

Overall Score

46.46

We have collected all the parameters of brokers that are important for trading into different groups for your convenience. The closer the parameter is to the maximum value, the higher the percentage of the group. The overall score is based on all groups’ scores. Now you can see what the strengths of the broker are and where are their weaknesses. Not only to see but also to understand how much it suits your particular needs. If a broker has a GREEN VERIFIED, then the information about its parameters has been received from the broker and been examined by us! GREY NOT-VERIFIED means that information about the parameters of the broker is collected from open sources on the network, BUT it is not confirmed by our tests. RED NOT-VERIFIED means that there is no unambiguous information on this broker in open sources and the specified parameters may differ greatly from the actual ones.

  • Spread:
    visible_only_for_verified_brokers
  • Number of futures:
  • Number of currency pairs:
    54
  • Digits after the dot:
  • Number of commodities:
    7
  • Number of cryptocurrencies:
  • Minimum Deposit:
    50
  • Number of bonds:
  • Nuber of indices:
    14
  • Number of tradable assets:
    300
  • Leverage:
    500
  • Number of options:
  • Number of stocks:
    285

Advantages

Multiple regulations
Trading signals from Autochartist

Disadvantages

No US Clients
No cryptocurrency trading
Training eBooks, webinars & other knowledge resources mainly in Arabic
Restricted leverage for EU clients
Amana Capital

Amana Capital safe or scam

Amana Capital is fully transparent and regulated by many agencies. On the website and LinkedIn, you can quickly find company information, including biographies of the owners and directors. The following is a list of the Amana Group’s regulated entities and licenses:

Financial Conduct Authority (FCA) license number 605070 Amana Financial Services UK Limited

Amana Capital Ltd – Cyprus Securities and Exchange Commission (CySEC) license number 155/11, Amana Financial Services (Dubai) Limited – Dubai Financial Services Authority (DFSA) license number F003269 Amana Capital SAL Holdings – Lebanese Capital Markets Authority license number 26A). AFS Global – Labuan Financial Services Authority Malaysia (LFSA) license number MB/18/0025; ACG International Limited – Financial Services Commission Mauritius (FSC) license number C118023192

How to open trading account with Amana Capital

Amana Capital provides a secure practise account that allows you to trade instruments without putting your actual money at risk. Beginners can learn the fundamentals of trading, while experienced traders can review their techniques. On both the MT4 and MT5 desktop and mobile apps, the sample account is available for 30 days.

Leverage with Amana Capital

Leverage of up to 1:500 is possible for some recognised nations. Customers in the EU and the United Kingdom can only leverage up to 1:30. Traders with little or no expertise should keep in mind that leveraged trading can result in just as many losses as gains.

Deposit and Withdrawal with Amana Capital

Deposit

Bank transfers, credit/debit cards, Skrill, Neteller, and alternative ways such as Qiwi and WebMoney are also available as funding possibilities. The base currencies are USD, EUR, GBP, and RMB, with a minimum deposit of $10 in most cases. Except for bank wire transfers, which might take 2–5 business days to process, most options are quick.

Withdrawals

Withdrawal fees range from 0.5 percent to 4.9 percent for UnionPay and Moneta. The broker covers card payments and quick foreign bank transfers, and some e-currency payment methods, such as Perfect Money, are free. Withdrawals via bank wire transfer are similarly free of charge at Amana Capital; however, your chosen bank may charge you.

Which trading platform does Amana Capital offer?

MetaTrader 4 is a trading platform that allows you to trade

The MT4 trading platform’s flexibility allows both experienced traders and newbies to tailor the features to their level and approach. Not only is the user interface simple to use, but it can also be customized. The following are some of the features:

  • With export/import functions, you may keep track of your quotes in a local database.
  • Scripts and trade algorithms for automated executions
  • There isn’t any limit to the number of charts you can create at different time intervals.
  • An entire set of tools for technical analysis
  • Real-time quoting feature

MetaTrader 5 is a trading platform that allows you to trade

MetaTrader 5 (MT5), the most recent version of MetaTrader, has the same intuitive and user-friendly design as MT4 but adds more analytical capabilities and advanced trader tools. These are some of them:

  • Multi-strategy testing and powerful algorithmic trading
  • Capabilities for netting and hedging
  • Trade signals with all the bells and whistles
  • 21 chart timeframes built-in economic calendar

WebTrader (MetaTrader)

The MT4 online terminal is a practical choice for MacOS users or those who do not want to download the platform. It provides the same functionality as the desktop program. Users have complete control over their orders, as well as a comprehensive range of technical indicators and charting tools, as well as financial news.

Commissions & Spreads with Amana Capital

Amana Capital’s spreads aren’t the cheapest, starting at 1.4 pips for EUR/USD, 1.9 pips for GBP/USD, and 1.5 pips for cash indexes like the FTSE 100.

There are no charges on FX pairs, but there is a $10 cost per lot for future indexes, metals, commodities, and energy. Commissions for US stocks are $0.02 per share.

There’s also a swap charge (overnight rollover fee), which is interest on trades left open overnight.

What are trading Instruments with Amana Capital

Amana Capital’s single stock CFDs offering comprises nearly 300 US equities, including all 30 Dow Jones Industrial Average businesses and the NASDAQ 100’s most valuable 100 tech companies.

In addition to these heavyweights, the company included another 150 equities among the most popular S&P500 members, as well as some hot new stocks that debuted earlier this year. The broker intends to add a few more hot IPOs that its customers are interested in betting on.

Education and Research by Amana Capital

Amana Capital, a Dubai-based Financial Services Group, accomplished a new milestone this week by establishing TradeCaptain.com, a global educational and research portal, as part of its road-map to build a global community of well-educated traders and in accordance with its aspirations to expand in Asia and Europe.

The new portal will remain as Amana’s global educational arm, addressing a vast audience from various nations, and will build on the success of its prior Arabic research and educational web, Souqelmal.com. The site will include advanced trade research tools, as well as a large library of educational lessons, videos, e-Books, reports, outlooks, real-time analysis, and breaking news.

Customer support by Amana Capital

Customer service is offered in both English and Arabic. Customers can contact customer service in London, Riyadh, Limassol (Cyprus), Beirut, Dubai, and Al Khobar. The normal communication methods, such as e-mail, live chat, and phone, are available.

Many questions are already answered in Amana Capital’s instructional resources, but if you’re too lazy to hunt for it, simply contact the Amana support team and obtain your information first-hand. Customer service makes every effort to be available 24 hours a day, seven days a week.

Trading accounts with Amana Capital

Accounts with ZuluTrade and PAMM. Islamic accounts with negative balance protection are available.

The Amana Classic account is for people who want a more traditional FX and CFD trading experience. Amana Active or Amana Elite are two options for active and elite traders with a substantial beginning capital.

There’s also a Shares Account for people who want to trade on any of the 280+ US stocks, as well as a ZuluTrade Account for copy-traders.

Amana Classic – $50 minimum deposit, 1.4 pip spreads, leverage up to 1:500, regular CFD fee rates, MT4/MT5 platforms

Amana Active – $25,000 minimum funding, $100 million in monthly volume, active trader commission rates on FX and future CFDs, relationship manager, API trading, and virtual private server

Amana Elite – Minimum funding of $250,000, elite spreads and costs, trading data tools, and tailored trade desk services

MT5 ZuluTrade – Free for active clients, automated copying strategies with personal portfolio, social features, customizable tools, compensation scheme, Shares Account – No minimum deposit, up to 1:10 leverage, $0.02/share commission, MT5 ZuluTrade – No minimum deposit, up to 1:10 leverage, $0.02/share commission

Is Amana capital good for trading

Amana capital provides various features and add on benefits which makes it a good broker, following are some of the benefits it offers:

Amana Capital excels in a number of areas:

Commission-free forex trading using RiskPulse, TradeCaptain, and Autochartist

Customer Service:

You can contact Amana Capital in a variety of ways, including calling one of the five customer service phone numbers listed for each region or sending an email to [email protected]. You can also use WhatsApp, Twitter, Facebook Messenger, WeChat, Telegram, or Live Chat to send a message. The website is accessible in three languages: English, Arabic, and Mandarin.

Conclusion

Clients of Amana Capital have access to a variety of trading tools, including MetaTrader platforms and a signal service. Accounts can be opened with just a $50 deposit and a variety of secure funding sources. Amana Capital is a major challenger in the FX and CFD markets thanks to its many rules.

The deposit method of the YaMarkets is via Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, etc. The headquarters of the YaMarkets is located at Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.

The brokerage firm offers customer support service to the investors which is helpful for the traders to solve their problems regarding trading in the market. It is one of the best online brokers in the market which provides the best services and functions to investors.

Is YaMarkets Scam: Regulations

It is the legit broker in the market regulated and sanctioned by the Vanuatu Financial Services Commission (VFSC). The investor’s money is completely secure and safe with YaMartkets because the broker will use the upgraded technology for trading.

Before starting trading with YaMarkets the traders need to deposit the initial amount of $10. After that, the brokerage firm doesn’t charge any commission on all the trading accounts except ECN. The withdrawal process of the YaMarkets is very simple; a trader only needs to submit a withdrawal request then the broker initiates a request within the working hours.

The broker offers the maximum leverage of 1:1000 to the professional investors of YaMarkets.

YaMarkets Trading Account Types

The brokerage firm offers four types of trading accounts, and each account has some advanced level of features and functions which is grateful for the investors.

Ultimate Trading Account

  • To start trading with YaMarkets the minimum deposit is required $10.
  • Minimum trading volume 0.01
  • The broker offers a Swap-free Account.
  • In the Ultimate trading account, the Spread starts from 1.8 pips.
  • The broker doesn’t charge any commission while trading in the ultimate reading account.
  • The maximum leverage offered by the broker is 1:500.
  • The Account Currency type is USD.
  • The trader has a Margin call of 70%.
  • A trader has a Stop Out option of 50%.
  • Instant Execution.

Standard Trading Account

  • Before starting trading with YaMarkets, the minimum deposit required is $500.
  • Minimum trading volume 0.01
  • The broker offers a Swap-free Account.
  • In the Ultimate trading account, the Spread starts from 1.5 pips.
  • The broker doesn’t charge any commission while trading in the ultimate reading account.
  • The maximum leverage offered by the broker is 1:500.
  • The Account Currency type is USD.
  • The trader has a Margin call of 70%.
  • A trader has a Stop Out option of 50%.
  • Instant Execution.

Royale Trading Account

  • The minimum deposit is $2500 to start trading with YaMarkets.
  • Minimum trading volume 0.01
  • The broker offers a Swap-free Account.
  • In the Ultimate trading account, the Spread starts from 1.0 pips.
  • The broker doesn’t charge any commission while trading in the ultimate reading account.
  • The maximum leverage offered by the broker is 1:300.
  • The Account Currency type is USD.
  • The trader has a Margin call of 70%.
  • A trader has a Stop Out option of 50%.
  • Instant Execution.

ECN Trading Account

  • The minimum deposit is $5000 to start trading with YaMarkets.
  • Minimum trading volume 0.10
  • The broker offers a Swap-free Account.
  • In the ECN trading account, the Spread starts from0.1 pips.
  • The broker doesn’t charge any commission while trading in the ECN trading account.
  • The maximum leverage offered by the broker is 1:200.
  • The Account Currency type is USD.
  • The trader has a Margin call of 70%.
  • A trader has a Stop Out option of 50%.
  • Instant Execution.

YaMarkets Account Opening

It is one of the best online brokers in the market. However, to start trading with YaMarkets, a trader needs to follow a few essential steps.

  • In the beginning, a trader needs to apply online on the official website of Yamarket then fill the application form in which they put the necessary details such as name, age, address, country, etc.
  • Then the trader gives the answers to the questionnaire, which is related to the trading plans and goals.
  • It is one of the most important steps in which an investor needs to verify their trading account with the help of a government ID card because it takes some time to verify their trading account.
  • In the end, deposit the initial amount of money and start trading with YaMarkets.

YaMarkets Trading Platform

YaMarkets offers two types of the trading account as MetaTrader 4 and MetaTrader 5. Every trading platform has some unique functions which are beneficial for the investors.

MetaTrader 4 Trading platform

It is the best trading platform because it is easy to handle and controlled by investors. In addition, MetaTrader 4 platform has all the features which are essential to predict the future market of the assets.

What are the main features of the MetaTrader 4 trading platform?

  • The brokerage firm offers tradable assets such as forex, cryptocurrency, Indices, Metals, Indices, etc.
  • The platform supports various types of languages.
  • MetaTrader 4 platform has all tools and indicators which are essential to trade.
  • Offers a variety of charts for trading.

MetaTrader 5 Trading platform

It is the advanced level of the trading platform in the market because if we compare both the trading platforms, then MetaTrader 5 has more variety of tools and indicators for trading.

What are the main features of the MetaTrader 5 trading platform?

  • A trader can trade on a variety of CFDs assets.
  • The platform supports VPS.
  • It has some superior charting systems.
  • A trader gets access to the market news and data.
  • The broker offers educational material which is helpful to get information about the market.

YaMarkets Trading Instruments

The brokerage firms offer CFDs instruments for trading. Therefore, a trader can earn a higher profit with YaMarkets.

Forex

  • Spreads from 0.0 pips.
  • Access to 60+ Currency Pairs.
  • 0.20s Average execution speed.
  • All trading strategies enabled.
  • Leverage up to 1:500

Cryptocurrency

  • Invest in CFDs on 26 Cryptocurrencies.
  • Trade at any time convenient for you.
  • Start your trading with just 10USD.
  • Invest via modern platforms.

YaMarkets Commission & Spreads

  • The brokerage company doesn’t charge any commission while trading.
  • Only the ECN trading account holder pays the commission on trading.
  • The Spread is fluctuating within a second.
  • The broker charges the inactivity fee if an investor is inactive in the market.

YaMarkets Leverage

The brokerage firms offer a maximum leverage of 1:1000 to the professional investors and 1:30 to the retail investors.

YaMarkets Deposit and Withdrawal

  • A trader can deposit an unlimited amount of money into the trading account for trading.
  • The broker doesn’t charge any commission while depositing the money.
  • The payment option of the YaMarkets is via Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, Skrill, VoguePay.
  • The broker charges the withdrawal fee from the traders if the trader withdraws a large amount of money.

YaMarkets Educational and Research Support

The brokerage firm offers a wide variety of educational and research material for investors. It is helpful for the investor to gain knowledge about the market and predict the future situations of the asset.

A trader understands the market properly then practices on the demo account first and selects the best trading strategy for trading which is used in the real trading account.

Here is the list of Educational and Research support:

  • Calculator
  • Educational Video
  • Economic Calendar
  • Daily Trading Signals

YaMarkets Customer Support

The broker provides customer support service for solving problems. The employees of YaMarkets have good experience to solve the investor problem. If the problem is not solved by customer support, it will be transferred to the higher executive.

Address: Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.

Email: [email protected]

Phone number: +357 22030234

Final Verdict

YaMarkets is authorised and approved by the Vanuatu Financial Services Commission (VFSC). The investor of this firm is giving positive feedback towards the broker. This is the only broker in the market which provides the best trading tools and indicators.

Why Trade with YaMarkets?

  • VFSC regulates it.
  • A trader can trade 80+ CFDs assets.
  • The brokerage company offers a demo account for the investors.
  • The broker provides a customer support service to traders.
  • Provide a variety of tools and indicators.

Users' Reviews

BRUSE NILSEN

2021-01-15

Serious broker, community system is good in my opinion

SAID L.

2020-12-19

Great Experience so far. Plenty of opportunities for beginners to learn from the experts by copying them and interacting with them.