Forex Scam Brokers finally revealed!

Amana Capital Review 2018


The market of foreign exchange is the biggest market in the world with many active participants. This means that there are many brokers in the field as well, and sometimes it can be hard to choose the company to trade with.

That’s why we decided to conduct an in-depth analysis of one of the leading emerging forex brokers – Amana Capital. This regulated broker offers many ways to fund your account and it has various trading accounts too, so everyone should be able to find something that suits them perfectly. Besides that, they also offer various assets you can choose to trade and many cool educational materials.

Our investigation covers every possible aspect of the broker’s offer that could interest you. Read our Amana Capital Review and find out literally all you need to know!

Amana Capital Review | Start with Ease

We’ll begin our Amana Capital Review by explaining the way you can open an account with the company. As you all know, one of the main advantages of this type of trading is that everything can be done online, so you can save some valuable time. Besides that, it’s important that the process of registration is also simple, so that you don’t have to put too much effort into beginning your trading career.

The very first thing you have to do if you want to start trading is to create an account. In order to do so, you’ll have to share some basic information about yourself with your broker. If you are worried about any kind of possible abuse of your private information, we can assure you these people will treat your data very carefully. All of the information is secured by the company – more on the safety you can read in our Amana Capital Scam Test. The required information includes your name, date of birth, mobile phone number, address, ID number and a proof or residence. After submitting this information, you’ll have to fill out the form of personal and employment details as well as answer some question on your knowledge of forex trading. This is just to give the broker an idea of your experience and skillset, so that they can provide a better service to you. This level of detail in approaching a trader is very rare in the industry, and we certainly have to commend the broker for the effort they put into this process.

But if you want to start making some profit, you have to invest something, of course. More on the payment methods used here in the next paragraph of our Amana Capital Review. Stay with us!

Amana Capital Registration

Amana Capital Registration

Amana Capital Review | Banking

When it comes to the payment methods, you want to trade with broker that will provide you with complete safety of money transactions. Besides that, you want to do business with a company that allows you to transfer your money quickly and will give you various options to do so. Luckily, Amana’s team really did good job when it comes to banking. Here is what you can expect from them.

First of all, let’s mention that the number of Amana Capital deposit methods is one of the biggest we have ever seen. You can choose between bank transfers, fast bank transfers, credit/debit cards (Visa, MasterCard, UnionPay), alternative payment methods (WebMoney, Moneta and Qiwi), Neteller and Skrill. Besides that, you can use some other e-currency payment systems, such as epay and PerfectMoney. As for the amounts you can deposit, the minimum Amana Capital deposit is set to $10, which is among the lowest requirements in the business and a huge advantage for the broker.

It takes between 3 to 5 working days to complete the transfer when it comes to wire transfers, while fast bank transfer can be done within two business days. Also, these types of transfers also have deposit fees: 1 or 2 EUR or 6 GBP for fast bank transfer, while for other types you can pay between 1.5 to 6.5 percent. As for the currencies, you can choose between Euros, American dollars and British pounds.

At this point of our Amana Capital Review we have to say few words on withdrawal. Withdrawal is also quite a simple thing to do. You have to click on the withdraw button and submit required information. The same method used for deposit will be used for withdrawal, as well. Withdrawals are usually processed within 1 business day, but if you use credit/debit card it can take about 3 to 5 business days.

In the next paragraph of our analysis you can find out which account types you can choose, so don’t go away!

Amana Capital Deposit Methods

Amana Capital Deposit Methods

Amana Capital Review | Accounts

Just like any other broker with a good pedigree, Amana Capital also offers many types of accounts to choose between. It’s quite important that a broker has in its offer various accounts with different deposits because not all traders can afford to invest equal amounts to enter the game. Besides that, if you’re a beginner, you probably wouldn’t like to begin your career by depositing too much money. That’s why Amana developed a leveled account system where every trader can find something that suits them just right.

We’d like to underline that Amana Capital offers three accounts for platform MetaTrader 5 and one account for MetaTrader 4, but more on those in the next part of our text. When it comes to MT5, you have Amana Mini, Amana Basic and Amana Elite account at your disposal. Amana Mini’s initial deposit is set to only $50, so we can say that this broker allows trading to pretty much anyone who wants to participate. It has zero commission on trading forex and CFDs and maximum account balance of $20,000. This account is designed for beginners in trading who would like to test platform, but don’t want to risk some big amount of money.

Amana Basic account requires $2000 as an initial investment. You can trade many forex and futures pairs here, and you can have your own expert advisor. Maximum leverage is up to 300:1 and spreads are as low as 0.9. Having that in mind, together with the price of the account, we can say that it’s made for traders who already have some experience. If you’re already a professional, however, we advise you to open Amana Elite account. $50,000 is needed for that and it’s designed for people who think big in trading.

Amana Capital Account Types

Amana Capital Account Types

As for the account for MT4 platform, you can open you Amana Basic account there. The initial investment needed for that is only $50, which makes it perfect for those who’d like to trade on the most popular trading platform ever. Since we’re on the subject, let’s take a closer look at the platforms on offer here. Stay tuned.

Amana Capital Review | Platforms

As we’ve already said, Amana Capital offers two models of MetaTrader trading platform. Since there are 3 accounts made for MT5, this is the first model to be explained here in our article.

MT4 is still the most popular trading platform in the entire industry, but it’s not the best – not anymore. It has been popular for years for its good toolbox and cool design. We’re happy to say that the new model – MT5 – is even better than its predecessor.

MT5 is one of the most powerful trading platforms currently available on the market. When it comes to this kind of software, you have to keep in mind a couple of things. First of all, you have to know that it’s going to provide you with enough tools. The more tools and financial instruments you can use, the bigger your chances for success are. Secondly, you have to know that all of your commands will be processed on time and thirdly, you have to be trading on a platform that is intuitively designed, so that you can react quickly. When we say intuitively designed, we think that you don’t have to spent too much time on figuring out where all the important buttons and charts are.

Luckily, MT5 platform is the best in the industry and offers best trading experience so far. Its technical indicators are numerous, and your technical analysis can climb up to a completely new level because of that. With Moving Average or Oscillator, you will predict short-time movements of prices better than ever before. Furthermore, you can upgrade your trading by using trade alerts. Trade alerts can be set up for any desired trade event, so that you don’t miss any important market moment.

Besides that, you can also experience automated and mobile trading as well, and that’s what we’ll write about in the next part of our analysis. Don’t change the channel – Amana Capital Review has much more to tell you!

Amana Capital MT5

Amana Capital MT5

Amana Capital Review | Automated and Mobile Trading

As we said, Amana Capital’s MT5 platform enables you to trade automatically. In other words, a trading robot can do the trading for you. It can analyze quotes of financial instruments and do trades on the forex markets. We can safely say that this trading robot can completely replace human trader and basically do everything you do. Some traders use the automated system precisely because it eliminates the human factor from the game. Robots don’t get tired or nervous and they do things strictly analytically, always keeping in mind all the options. Also, you can use this trading robot when you’re not able to trade at certain time, but you’d like to place an investment. If you’re interested, you can get it on the MetaTrader Market store.

Besides that, you can also try Amana Capital mobile trading. You don’t need your personal computer to trade – with Amana Capital you can trade on your iPhone or Android device. That basically means that you can trade anytime you want. There’s only one condition – internet connection. With Amana Capital mobile trading application, you can be completely sure you won’t miss any opportunity that appears on the dynamic market of foreign exchange. We’ve tried the mobile platform on our own and can report that it works perfectly. There are no bugs that could bother you while trading, its speed of processing is excellent, and it’s designed in the best way possible. Besides that, it has all of the tools and options as its desktop counterpart, so you won’t feel any difference at all.

But we still didn’t reveal the best thing when it comes to platforms – Amana gives you an opportunity to test them for free! Find out how you can do that just below.

Amana Capital Mobile Apps

Amana Capital Mobile Apps

Amana Capital Review | Demo and Multi Terminal

Every beginner in trading has the same goal –to learn as much as possible with as few losses as possible. Well, if you decide to trade with Amana Capital, you will get an opportunity to learn all you need without investing a dime! If you open a demo account, you will be able to test all of the trading options and you won’t have to risk any of your money.

Amana Capital demo allows you to explore both MT4 and MT5 platforms. You have an opportunity to adapt to a new trading environment, which will help you a lot in your further trading. With all the tricks and options in your arsenal, you’ll have a much better start. Experience that you get in this 100 percent real simulator will be of immense value once you start investing your real money.

Besides that, we’d like to introduce you another interesting feature of Amana Capital – Multi Terminal. It’s designed for those who like to handle more than one account at the time. It allows you to manage several accounts throughout one platform. There are some advantages of using the Multi Terminal we simply have to mention at this point of Amana Capital Review. For example, you have the ability to trade block orders from a single main account. Also, you can use expert advisors and algorithmic trading, and you can manage and generate detailed trading reports.

As you can see, with Amana Capital you can really try different things and you can practice before actually opening a real account. But we’re still not done! Check out what are the trading options this broker offers.

Amana Capital Review | Trading Features

There are several types of products you can choose to trade on this website: forex, CFDs, Spot Metals and Spot Energies.

Let’s start with forex. There are more than 50 currency pairs available here, which is quite an impressive number, although the exact amount of options you have will depend on which account type you open. But even with the Mini account, you still have more than two dozen options at your disposal. The currencies on offer include: EUR, GBP, USD, RUB, CHF, JPY, CZK, NZD and many others, so you really should be able to find something for yourself without any problems.

As for trading CFDs, there are two types of these contracts you can invest in: futures CFDs and cash CFDs. The latter deal purely with indices such as Dow Jones or DAX, whereas the former will offer you future indices, metals and energies. We’ll only mention here that, as for the metals, you can trade silver and gold, and when it comes to energies you can choose Brent UK Spot Oil and WTI Spot Oil.

Amana Capital Features

Amana Capital Featuresital,

Amana Capital Review | Conclusion

In the conclusion of our Amana Capital Review, we will just do a recap of everything we experienced while examining this company. You can join them very quickly, and you can open an account for only $50, which makes it quite easy to start trading here. Amana Capital offers two trading platforms – MT4 and MT5 – and both of them work perfectly. Also, both of them come as mobile app, so you can trade anytime you want. You can also see how things work here for free if you open a demo account.

With Amana you can trade forex, CFDs, energies and metals, which is quite an impressive line-up of assets. If you’re a newcomer in this business, you can even get a decent education through their webinars and video tutorials. Money transfers are reliable too – simple and quick, what more could you ask for?

All in all, if you want to start things slowly and gradually learn about forex trading, open an account right here. Amana Capital is a great partner for that.


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