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Amana Capital Broker Review

FX Scouts By Jeffrey Cammack Updated: February 16, 2020
Overall Rating
4.35 / 5
Min. DepositUSD 200
Max. Leverage500:1
Min. Spread0.1 pips
RegulatorsCySEC,FCA,DFSA
Regulator Origin CySEC FCA DFSA
Broker TypeMarket Maker

Summary

Amana Capital is a very well-regulated broker with a strong focus on new traders and over 360 tradeable assets; beginners will find a well-structured education section, a 50 USD welcome bonus and relatively tight spreads - though trading conditions do improve substantially on the more expensive accounts.

24/5 Customer support is available via almost every messaging service and we like that both MT4 and MT5 are supported and that traders have free access to both AutoChartist and Trade Captain - two excellent third-party analysis applications. 

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
Beginner Friendly Standard
Bonuses $30 New Customer Welcome Bonus
Our Review Process

Trading Conditions

Minimum DepositUSD 200
Base currenciesUSD, GBP, EUR
Number of FX Pairs54
Hedging Allowed Yes
Scalping Yes
Swap-Free Accounts Yes

Average Spreads

EUR / USD1.4
GBP / USD1.9
USD / JPY2

Company Details

Company nameAmana Capital Ltd
Founded2011
Website Visit Website
TypeMarket Maker
RegulatorsCySEC,FCA,DFSA
Office locations UK, Cyrus, Lebanon, UAE

Deposit & Withdrawal Methods

Supported Platforms for Amana Capital

Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 4.35 / 5 3.78 / 5 3.89 / 5
Minimum DepositUSD 200USD 200ZAR 1500
Regulation
CySEC CySEC
FCA FCA
DFSA DFSA
CySEC CySEC
FCA FCA
ASIC ASIC
CySEC CySEC
ASIC ASIC
FSCA FSCA
MAS MAS
FMA FMA
Broker TypeMarket MakerMarket MakerMarket Maker
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Equities, Vanilla Options, ETFs
Forex Pairs544770+
Crypto Pairs4169
Read Full Review Read Full Review
Trust Rating 5 / 5 5 / 5 5 / 5
Trading Conditions 4.5 / 5 3 / 5 3 / 5
Trading Platforms 4.5 / 5 4 / 5 4 / 5
Deposit & Withdrawal 5 / 5 3 / 5 3 / 5
Education & Research 3.5 / 5 3 / 5 3 / 5
Assets Available 3.5 / 5 4 / 5 4.5 / 5
Customer Service 4 / 5 4 / 5 4.5 / 5
% Lose with this broker N/A 62% of retail investor accounts lose money when trading CFDs with this provider 76.4% of retail investor accounts lose money when trading CFDs with this provider
Leverage500:1400:1300:1
Spread0.1 pips2.0 pipsNot Disclosed pips
Hedging Yes Yes No
Scalping Yes No No
Account Types
  • Classic (Mini)
  • Professional (Standard)
  • Standard (Standard)
  • Standard (Standard)
Swap Free Yes Yes Yes
Trading Platforms MT4, MT5 etoro Plus500
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Fasapay Visa, Mastercard, Neteller, Unionpay, Skrill, Paypal Bank Transfer, Visa, Mastercard, Skrill, Paypal
Trading Commission Fees Included in Spread Fees Included in Spread Fees Included in Spread
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Overall Rating 4.35 / 5 3.78 / 5 3.89 / 5
Minimum DepositUSD 200USD 200ZAR 1500
Regulation
CySEC CySEC
FCA FCA
DFSA DFSA
CySEC CySEC
FCA FCA
ASIC ASIC
CySEC CySEC
ASIC ASIC
FSCA FSCA
MAS MAS
FMA FMA
Broker TypeMarket MakerMarket MakerMarket Maker
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Equities, Vanilla Options, ETFs
Forex Pairs544770+
Crypto Pairs4169
Read Full Review Read Full Review
Trust Rating 5 / 5 5 / 5 5 / 5
Trading Conditions 4.5 / 5 3 / 5 3 / 5
Trading Platforms 4.5 / 5 4 / 5 4 / 5
Deposit & Withdrawal 5 / 5 3 / 5 3 / 5
Education & Research 3.5 / 5 3 / 5 3 / 5
Assets Available 3.5 / 5 4 / 5 4.5 / 5
Customer Service 4 / 5 4 / 5 4.5 / 5
% Lose with this broker N/A 62% of retail investor accounts lose money when trading CFDs with this provider 76.4% of retail investor accounts lose money when trading CFDs with this provider
Leverage500:1400:1300:1
Spread0.1 pips2.0 pipsNot Disclosed pips
Hedging Yes Yes No
Scalping Yes No No
Account Types
  • Classic (Mini)
  • Professional (Standard)
  • Standard (Standard)
  • Standard (Standard)
Swap Free Yes Yes Yes
Trading Platforms MT4, MT5 etoro Plus500
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Fasapay Visa, Mastercard, Neteller, Unionpay, Skrill, Paypal Bank Transfer, Visa, Mastercard, Skrill, Paypal
Trading Commission Fees Included in Spread Fees Included in Spread Fees Included in Spread

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Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Most retail CFD accounts lose money. Your capital is at risk.

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