Abstract:Amana Capital, a subsidiary of 180 Capital Group, is an online broker, providing investment opportunities in global financial markets for institutions and retail clients in more than 80 countries.The company was regulated by several regulation authorities, including the UK Financial Conduct Market Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Lebanese Capital Market Regulatory Authority (CMA), Labuan Service Authority of Malaysia (LFSA), and Mauritius Financial Services Commission (FSC) top international licenses, strictly abided by international regulatory standards.
General Information & Regulation of Amana Capital
Amana Capital Group is a financial services group specializing in providing brokerage services in currencies, commodities, and stock indices. The Group comprises four main entities-- Amana Financial Services-UK, Amana Capital-Lebanon, Amana Capital-Cyprus, and SouqElmal.com – UAE and each entity is regulated and authorized by different reputable regulatory bodies i.e. FCA, BDL and CySec respectively. Amana Financial Services UK Ltd is authorized and regulated by the Financial Conduct Authority (FCA) Firm Reference Number 605070; Amana Financial Services (Dubai) Limited is authorized and regulated by the Dubai Financial Services Authority – DFSA (License number F003269); Amana Capital LTD is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), License Number 155/11; Amana Capital SAL is authorized and regulated by the Lebanese Capital Markets Authority (CMA) as a Financial Intermediary Institution (Authorization number 26).
Market Instruments of Amana Capital
Amana Capital offers many trading products, including major currency pairs, minor currency pairs and other currency pairs, major global stock indices, precious metals including gold and silver, WTI, Brent crude oil, and energies. Commodities such as wheat, coffee, corn, share CFDs, digital currencies, etc.
Minimum Deposit of Amana Capital
Amana Capital does offers several kinds of accounts, namely Forex & CFDs, Active traders, the Share account, Elite service, Copy Trading accounts. Amana Capital requires a minimum deposit of $50 to start a live account.
Leverage of Amana Capital
Amana Capital set its leverage level as high as 1:500. High leverage can amplify returns but also risks. European traders who have accounts in the UK, Cyprus, or other countries/regions will comply with ESMA regulations, which require maximum forex leverage 1:30.
Spreads & Comissions of Amana Capital
AMP Global offers floating spreads. Forex trading only charges from spreads, no additional commissions. Indices, energies, and commodities tradings are charged a commission of USD 5 per lot, and a minimum commission of USD 15 is charged for each trading of stock CFDs. Swap is expressed in pips per lot and varies according to different financial products traded. The swap fee is generally calculated a day, and the interest calculation time is midnight of server time. When a position is overnight, it is credited or debited once. On Wednesday's spot forex, except for WTI and Brent crude oil, the credit or debit interest on the same day is three times the normal day, and the spot index is three times the normal daily interest every Friday (that is, 7 days' interest within five trading days).
Trading Platforms of Amana Capital
Amana MetaTrader4 platform is suitable for novices and experienced traders. The platform provides advanced technical analysis tools, automated trading functions (EA), and mobile applications, with a friendly interface, allowing traders to view orders, transactions, and account details, and keep control The latest market conditions provide users with a flexible trading environment. Amana MT5 is an optimized version of MT4, the latest generation of trading platform interface is intuitive and concise while providing more powerful analysis functions, including various trend lines, icons, and other graphical objects. In addition, MT5 also includes 12 new chart time frames and a built-in economic calendar. The platform also allows users to place orders, monitor the market, view account details, copy transactions, and rely on automated trading strategies. Both platforms support PC/Mac, mobile phones, tablets, and other devices to access.
Deposit & Withdrawal
Amana capitals accepts a series of popular options, including bank wire transfer (3-5 working days, depending on the bank involved, a fee of £6 will be charged), international credit/debit card, UnionPay debit card, Neteller electronic transfer, Skrill Electronic transfers, Epay/FasaPay electronic transfers are all instantly received. Withdrawal methods include bank wire transfer (no wire transfer fee is charged), USD/GBP/EUR international credit/debit card (bought by Amana), bank debit card (bought by Amana), USD/GBP/EUR Neteller electronic transfer ( Handling fee 2%, no more than $30) USD/GBP/EUR Skrill electronic transfer (handling fee 1%), Epay electronic transfer (free), USD Fasapay electronic transfer (handling fee 0.5%, no higher than $5).
Accepted Regions
Amana Capital does not accept clients from USA. 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.