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ForexBrokers.qa > Amana Capital

Review: Amana Capital is your standard forex and crypto broker aiming at potential Qatari and regional Arab investors. It's a site similar to Pepperstone.

Amana Capital: They have offices in the United Kingdom, United Arab Emirates, Lebanon, Cyprus and Malaysia.

Review: Nothing special about them to be honest. It's your standard forex and crypto broker targeting potential Qatari and regional Arab investors through local seminars, conferences, social media and telemarketing.

May be you could give them a chance, if you wanted to spread out your investment capital over multiple retail brokers.

I don't dislike them, but there is nothing unique about them either to give a shout-out for.

Yes, the official website and app of this broker is safe, legit and trustworthy.

Review: Amana Capital has licences from six different authorities.

The broker is authorised to operate in the United Kingdom, the United Arab Emirates, Cyprus, Lebanon, Malaysia, and Mauritius, all of which have regulatory oversight over it.

Regulators that have granted Amana Capital licences include the FCA (UK), DFSA (Dubai), Amana Financial Services SAL (Lebanon), Amana Capital Ltd. (Cyprus), ACG International (Mauritius), and the FSC (Mauritius).


Review: The majority of Amana Capital's trading expenses are already included in its spreads.

Commissions are charged by the broker for trading in stock CFDs and all other asset classes on its most expensive accounts.

Amana Capital makes it simple and quick to make a deposit or a withdrawal. The broker, on the other hand, charges exorbitant fees for making deposits and withdrawing funds.

Review: Deposits on Amana Capital range from $50 for the Amana Classic account to $25,000 for the Amana Active account; there is no minimum deposit for the Shares account.

Bank transfers, credit and debit cards, e-wallets like Neteller and Skrill, as well as many more popular regional deposit options, are all supported by Amana Capital. Deposit procedures are also influenced by the jurisdiction of the account in which they are held.

To withdraw funds, Amana Capital accepts the same deposit methods as withdrawals, including bank transfers and credit/debit cards as well as several e-wallet options. Some essential withdrawal methods are free, however the broker charges fees for most other ways.

Review: Forex, indices, equities, commodities, and cryptocurrencies are all available for CFD trading with Amana Capital.

A fantastic trading environment is provided by them, which allows for both hedging and scalping tactics.

Review: Leverage may be adjusted by traders as well.

To better serve its clients, Amana Capital makes use of both MetaTrader 4 and MetaTrader 5. There are online, desktop, and mobile versions of each of these systems.

Review: Some useful educational tools are available via Amana Capital. Forex, CFD, and cryptocurrency trader guides, webinars, and a demo account are all available via the broker's instructional resources.

You will have access to various financial products such as Forex (currencies), Spot Metals (gold and silver), and Futures when you open an account with a broker (Crude Oil, Stock Indices).

The costs charged by Amana depend on the kind of account you use, which is in turn dependent on the asset or instrument you'll be trading.

Review: If the trade order is kept for more than a day, you should think about implementing an overnight policy. In this situation, the position will be subject to a rollover, swap, or overnight charge.

Apart from other well-known research firms like Trading Central, Claws and Horns, and Autochartist, their site offers its customers daily market analyses, predictions, and SMS notifications.

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Written by Tariq AlKhaldi

Tariq AlKhaldiA professional Banker and a part-time writer of financial topics. I'm energetic and highly committed having 10 years of Islamic Banking experience. Full Bio.

 

 


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