The trading costs are very competitive with spreads as low as 0.1 pips. Amana Capital is multi-regulated Forex and CFD broker that offers over 360 assets for trading on the sophisticated MT4 and forex 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.
Amana Capital provides the MAM software and the master account from which the manager allocates trades and trade several accounts simultaneously from the master account. Again, there are no guarantees on how these MAM accounts will perform. Some Amana Capital broker features and products mentioned within this Amana Capital review may not be available to traders from specific countries due to legal restrictions. With the Amana Capital Classic account, you will not pay commission charges on forex trades or cash CFDs.
With a desire to trade internationally, especially in Europe, the broker secured a CySEC and MiFD license. This means that the broker meets EU standards and is free to offer its services to the wide EU community. The CySEC commission keeps a large register since many companies run their offices from Cyprus.
While MT5 is the updated version of the most used platform MT4 with an advanced multi-feature platform effective trading tools, a variety of pre-installed technical indicators and live pricing. You can benefit from its powerful features and customization tools. Moreover, recently Amana Capital add on another great option, which is its own Amana Prepaid CArd which you can use right the same way as your http://inmalldemo.com/best-forex-books-in-2021/ banking card. The Amana Capital group work with renowned banks and facilitate the fast transaction of withdrawals and deposits. However, the clients of different jurisdictions may apply different payment methods along with the processing deposit of withdrawal fees if applicable. So the fees are defined by the account type you would use, which is also tailored to the instrument or asset you will trade.
- It can used for keeping track of your accounts and trading activities on the go.
- There are features that allow traders to interact with other traders in their location, the opportunity to open discussions and enter those that are already up and running.
- Amana Capital’s vision has always been to be a leader in online trading by anticipating market needs and simplifying access to the world of trading.
- This is a regulatory requirement and it is strictly monitored by both internal and external auditors.
- According to its numerous regulation, the Amana group enables safe trading conditions with strategic-focus is on providing a safe and reliable trading environment for clients.
- Cryptocurrency value has the potential to vary by great margins.
Amana Capital is an award winning broker and has received some prestigious awards including Best Middle East Forex Broker, Best Regional FX Broker, and an award for Customer Service Excellence. Copyright © 2008–2021, Glassdoor, Inc. “Glassdoor” and logo are registered trademarks of Glassdoor, Inc.
Amana Capital Reviews
The sophisticated platform is an all-around platform with great features suitable for both, beginners and experienced traders. The exquisite platform comes with free signals, a free demo account, auto-trading options, and much more. Amana Capital also offers the MT4 Web terminal which is the browser-based version of the MT4, and both versions support ECN and DMA trading. Amana Capital’s main goal remains to facilitate traders online trading needs in a user-friendly environment that is regulated and equipped to provide a secure and private experience. Improved customer support is offered via the company’s geographical presence through its extensive global partner-network, while bilingual professional support is available around the clock. A variety of account funding options ensure both speedy deposit methods and fast withdrawals. Its education portal features useful material and educational tools to assist online traders throughout their Amana journey.
We found Amana Capital to be a broker that offers a solid trading experience, for traders all over the world. Bid/offer spreads are very competitive and start from as low as 2 pips. There are no hidden commissions and we found the whole experience to be open, transparent and easy. Amana Capital also welcomes Asset Managers, who are given direct access to the company’s global network of banks and financial institutions, across the globe. There is also a White Label solution that helps traders to grow and expand their business. It provides a complete set of solutions, benefiting from the company’s trading platform and branded software. We review all brokers to astrict and unique methodology, to ensure that we only promote high quality brands that you can trust.
Metatrader 5 (mt
Centroid Solutions is a technology provider that offers sophisticated risk- management solutions, automated regulatory reporting, and advanced connectivity to institutional clients. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. I just opened account with this broker and I’m experiencing good brokerage services with them. Well I am not new in this trading and have tried several brokers in past few years.
All trading strategies are allowed including the use of EAs which automated the trading process. Multiple account types are available based on investment size and trading requirements. ZuluTrade is one of the leading social trading platforms in the world today. Amana Capital has partnered with ZuluTrade to bring the social trading platform of ZuluTrade to its clients. After registration, an interested client can request for ZuluTrade account by filling the form on the ZuluTrade page of the Amana Capital website.
There is a built-in strategy tester that can run EAs over historical data – although this feature does have significant limitations. Amana Capital provides traders direct access to international markets where they can get benefit from competitive prices, deep liquidity, and tight spreads.
The names, products, services, branding/logos, and other trademarks or images featured or cited within this website are the property of their respective owners and the owners retain all legal rights therein. This is an intelligent tool used to analyze the trading data of a client. RiskPulse has a smart dashboard that shows the trading performance, calculated predictions and ideas to improve the client’s performance. Account management; new accounts can be created, funded and monitored from the app.
Brokerage services in currencies, stock indices and commodities are all available for trading, and services are provided by more than 2,000 investment professionals. If a broker has a score less than 80, like this one, we won’t recommend it to you.
There are features that allow traders to interact with other traders in their location, the opportunity to open discussions and enter those that are already up and running. It provides features for traders to share their experiences as well as receive feedback from other traders. Social trading has become very popular nowadays, and its no surprise, because there is so much to learn from others traders. Amana Capital is part of a group of companies specializing in providing brokerage services across a number of different countries, with strong emphasis on the Arab community. It comprises Amana Financial Services UK, Amana Capital Lebanon, Amana Capital Cyprus, ad SouqElmal.com UAE. All entities are licensed and registered in their own locations by various local regulatory bodies. The group itself also operates in accordance with the latest MiFID regulations.
Overall, fee condition of Amana Capital are quite competitive, also considering its additional benefits for trading. Amana Capital through its five main entities is regulated by the respected local authorities, which are mandatory in every jurisdiction where the broker operating its Plus500 Review branch. This website does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
Another license that Amana Capital obtained is the IFC licenses. The IFC is known for its Code of Ethics and independent Commission members which examine and monitor the behavior of their subjects of regulation.
Amana Capital Review: Trading Platforms