Amana Capital Review 2025

Key Takeaways

• Amana Capital was founded in 2010 and is headquartered in Dubai, with a growing client base of over 350,000 traders across 80 countries.

• It operates under multiple regulators, including the Labuan Financial Services Authority (LFSA), the Dubai Financial Services Authority (DFSA), the Cyprus Securities and Exchange Commission (CySEC), and the UAE’s Securities and Commodities Authority (SCA), though users are advised to verify their affiliate's specific regulatory status.

• The broker provides access to MetaTrader 4 (MT4), MetaTrader 5 (MT5, hedged and netting), and its own Amana Web and mobile platforms, with real-time pricing, customizable charts, and integrated trading tools.

• Account types include the Classic account with no minimum deposit, the Active account for high-volume traders (USD 25,000+), and the Elite account for professionals starting at USD 250,000, as well as swap-free Islamic options.

• Spreads begin at 1.4 pips on Classic accounts and tighten to around 0.1 pips on Active and Elite accounts, with commission-free trading across most assets.

• Traders can access over 6,800 assets, including leveraged and physical US and MENA stocks, 450+ cryptocurrencies, FOREX pairs, commodities, metals, indices, and ETFs.

• Leverage of up to 500:1 is available for non-EU clients (capped at 30:1 in the EU/UK), with a tiered system that adjusts based on account type and asset class.

• Deposits are fee-free, withdrawals include one free transaction per month, and funding options include bank transfers, cards, PayPal, Skrill, and Neteller.

• Educational and research tools include AutoChartist, the TradeCaptain learning portal, ZuluTrade copy trading, and the proprietary RiskPulse analytics engine.

• Customer support is available 24/6 in English and Arabic, via chat, email, phone, and popular messaging apps.

Overall Summary

Amana Capital, established in 2010 and headquartered in Dubai, has cemented its status as a solid broker in the MENA region, with a growing footprint that now spans 80 countries and a client base exceeding 350,000 traders.

The company’s multicultural team of nearly 100 professionals, representing over 20 nationalities, is driven by a mission to make global financial markets more accessible, transparent, and affordable to both retail and professional traders.

With operational hubs in the UAE, Cyprus, Lebanon, and Malaysia, Amana has steadily expanded its presence.

Its all-in-one trading app offers access to more than 6,800 financial instruments, including over 375 cryptocurrencies,  as well as stocks, ETFs, FOREX, indices, metals, and commodities. All trades are commission-free, and, according to the broker, “with spreads up to 70% lower than the industry average” and zero fees on card deposits and withdrawals.

Enhanced with charting and available in both English and Arabic, the platform combines cutting-edge technology with 24/6 expert support to meet the evolving needs of modern traders.

Is Amana Capital Safe?

Amana Capital’s regulatory footing is not always clear. It’s worth checking that the Amana affiliate in your region is regulated.

How Amana Capital Protects You from Reckless Leverage and Margin Trading

Amana Capital takes a responsible approach to leverage by offering a tiered system that adapts to your trading activity and experience level.

Standard leverage levels are designed to limit excessive exposure for less active or newer traders: 25:1 on major FOREX pairs, 20:1 on gold and minor FOREX, and 10:1 on commodities and energy derivatives.

However, more experienced margin traders can access significantly higher leverage, up to 100:1 on FOREX and metals, 50:1 on energy and spot index derivatives, and 25:1 on commodity futures.

How you are protected

As we have said, your money is held in separate, secure bank accounts with reputable Tier-1 financial institutions and is never merged with the broker’s operational funds..

While certain protections, like negative balance protection or investor compensation schemes, depend on your regulatory jurisdiction, the group tries to maintain a uniform approach to safeguarding client capital.

Regulation and other security measures

It’s worth noting that this broker’s regulatory track record is complicated. At one point, the DFSA in Dubai was compelled to issue a press release clarifying the regulatory status of the broker after traders became confused by the many names under which the broker operates.

Also, the UK’s FCA indicated that Amana Capital was not one of its registered brokers. However, the broker claims on its website that it is regulated by the FCA.

As a new trader, it would be worth spending some time to clearly understand with which of the broker’s affiliates you are dealing and whether they are truly regulated.

By default, all new accounts opened via the Amana app are onboarded through AFS Global Ltd, which is licensed and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia.

The Amana Group includes the following regulated entities:

• Securities and Commodities Authority (SCA)

• Dubai Financial Services Authority (DFSA)

• Labuan Financial Services Authority (LFSA)

• Cyprus Securities and Exchange Commission (CySEC)

• Financial Conduct Authority (FCA)

• Financial Services Commission (FSC)

• Capital Markets Authority (CMA)

This regulatory footprint ensures that client funds and trading practices are monitored under strict supervisory regimes.

Top broker features

Here are the top features of Amana Capital:

• Strong global regulation: be sure to check their regulation on your own

• Competitive trading costs: tight spreads from 0.1 pips and low commissions

• Multi-asset market access: trade 6,800+ instruments

• MT4 and MT5 support: access the industry’s leading platforms

• Flexible tiered account types: choose from Classic, Active, Elite, and Shares accounts.

• High leverage options: get leverage with tiered rates based on asset class and account activity.

• Zero-commission trading: enjoy commission-free trading with no hidden fees or card transaction costs.

• Bilingual 24/6 support and education: customer service in English and Arabic

For Whom Is Amana Capital Recommended?

Amana Capital is well-suited for a wide range of traders, but especially appeals to:

• Those who value regulated access to global markets with low-cost trading conditions

• Beginners who appreciate the low minimum deposits and the user-friendly mobile app

• More experienced traders benefit from tighter spreads, tiered leverage, and advanced tools

• Investors seeking commission-free exposure to stocks and ETFs

Here are the pros and cons of using this broker:

Offering of Investments

Here are the financial asset types offered by Amana Capital:

US and MENA Stocks

Get access to over 5,500 leveraged stocks across the US and MENA markets. You can also invest in more than 2,100 physical US shares, as well as over 200 physical MENA shares.

Stock trading is commission-free, and clients benefit from advanced charting tools, one-click trading, and localized support.

Cryptocurrencies

With 450+ crypto assets available, Amana allows for trading in both leveraged and unleveraged formats.

While crypto assets are not regulated and carry high volatility, they are accessible through a seamless mobile platform and come with tight spreads and competitive execution.

The broker claims that: “With more than 300 new digital assets added to our platform, no other local broker in the region offers a bigger or more diverse crypto portfolio.”

Precious Metals

You can access gold, silver, mining stocks, and metal ETFs commission-free. Amana also offers leveraged trading on metals, with up to 100x leverage on gold for active users.

These instruments are available via spot, futures, and CFD markets, making it easy to hedge or speculate on global economic shifts.

Commodities

Amana provides broad exposure to key commodities, including oil, gas, and agricultural products via futures, spot markets, ETFs, and CFDs.

Trading is commission-free, with real-time pricing and mobile accessibility for active traders who want to capitalize on macroeconomic trends.

FOREX

Amana supports over 70 FOREX pairs, covering majors, minors, and exotic currencies. The broker offers tight spreads, zero funding fees, and leverage up to 100x, depending on account type and jurisdiction.

Indices

Trade global benchmarks from the US (e.g., S&P 500), Europe (e.g., DAX), and Asia (e.g., China A50) via spot, futures, and CFDs.

These instruments provide broad market exposure and are ideal for both long-term trends and short-term tactical trading, with flexible leverage and commission-free execution.

ETFs and Market Baskets

Amana includes access to a wide range of ETFs across sectors and regions, letting you diversify across industries like tech, energy, or metals.

Market baskets and thematic exposure allow users to participate in broader trends through a single instrument, often without any commission.

Account Types

The entry‑level Amana Classic account requires zero minimum deposit, but USD 50 can get you started. It is available in USD, EUR, or GBP, and supports leverage of up to 500:1 for non‑EU clients (30:1 in the EU/UK).

Spreads start from around 1.4 pips on EUR/USD, with no commission on FOREX or cash CFDs, but futures CFDs carry about USD 10 per lot and share CFDs incur USD 0.02 per share (minimum USD 15 per trade)

For active traders, the Amana Active account demands a minimum deposit of USD 25,000 and at least USD 100 million in monthly trading volume. EUR/USD spreads tighten to approximately 0.1 pips, with commissions around USD 3 per lot (or USD 30 per million traded). This tier includes premium services: API access, signals, VPS hosting, and dedicated support

At the top tier, the Amana Elite account requires a USD 250,000 minimum. Spreads also begin near 0.1 pips and commissions are tailored, often negotiable based on volume. Clients gain access to elite tools, a personal account manager, bespoke coaching, and ultra‑low trading costs.

For clients requiring Sharia‑compliant terms, Amana offers Swap‑Free (Islamic) versions of Classic, Active, and Elite accounts. These permit overnight positions without interest charges, though certain currencies and instruments are excluded; extended holding beyond ten days may incur fees at Amana’s discretion

Finally, all new traders can access a Demo account, funded with virtual money and valid for 30 days, across both MT4 and MT5 platforms, which are ideal for testing strategies before committing capital.

Account opening

Opening an account is easy with this broker. You simply need to follow the industry standard protocols.

What is the minimum deposit at Amana Capital?

No minimum deposit is required. You can start small and scale up as you gain confidence.

How to open your account​

To start trading, download the Amana app, create an account, fund it, and begin trading through the app's user-friendly platform.

Deposits and Withdrawals

Funding and withdrawing from your trading account is hassle-free at Amana.

Account base currencies
Amana Capital supports several major account base currencies, including USD, EUR, and GBP, allowing clients to match their trading accounts with their local banking currency.

Amana Capital deposit fees and options
Deposits at Amana Capital are free of charge. Clients can fund their accounts using a wide range of methods, including bank transfers, credit/debit cards, and digital wallets like Skrill, Neteller, and PayPal, offering both speed and flexibility.

Amana Capital withdrawal fees and options
Amana Capital offers one free withdrawal per month, which is a limitation compared to some brokers that offer unlimited free withdrawals.

Additional withdrawals may incur fees, and funds are typically returned using the original deposit method, ensuring a secure and traceable process.

Customer Service

Amana Capital provides customer support primarily via multilingual channels available 24 hours a day, six days a week, with assistance offered in both English and Arabic via email, WhatsApp, Telegram, Messenger, and phone, including a callback option for added convenience.

While some users report fast and helpful responses, particularly via messaging channels, others have voiced concern over delayed replies, non-functional live chat, and difficulty reaching a human agent when needed.

Commissions and Fees

Here’s a breakdown of Amana Capital’s spreads, commissions, swap fees, and other charges.

Spreads

Amana Capital spreads are not always easy to find. The broker claims to offer 60-70% lower average spreads than the market. For entry-level traders using the Classic account, EUR/USD spreads typically start from around 1.4 pips, with no commission on FOREX or cash CFDs. In higher-tier accounts like Active and Elite, spreads can tighten to as low as 0.1 pips, paired with low or negotiable commissions, depending on trading volume.

Commissions

The broker offers commission-free trading on all assets and has no hidden fees.

Swap fees and Islamic accounts

Overnight fees apply for Islamic accounts, which can be opened in any of the broker’s account types.

Inactivity fee

Amana Capital does not charge any inactivity fees, so accounts that see little or no trading activity are not penalized for inactivity

Platforms and Tools

Here is an overview of the Amana Capital desktop and web trading platforms:

Platforms

Amana Web Platform

Designed for desktop users, the Amana Web platform provides a chart-focused trading interface with advanced tools and exclusive market insights from Real Vision. It emphasizes usability and speed, catering to active traders who value intuitive navigation, real-time analytics, and professional-grade analysis.

MT4 - Hedged

MT4 remains a favorite among FOREX traders and supports over 100 tradable assets, including FX and exchange markets. Features include Expert Advisors for automation, advanced indicators, multi-chart support, and ticket-based order placement. However, it does not support US or MENA stocks, and fractional trading is unavailable.

MT5 - Hedged

MT5 Hedged accounts support over 3,700 assets, including MENA exchange-traded stocks, with comprehensive technical analysis tools, one-click trading, and Expert Advisor automation. Like MT4, this version does not support US stocks or fractional trading but is more versatile for regional stock exposure.

MT5 - Netting

The Netting version of MT5 also supports 3,700+ assets and MENA-listed stocks, but handles positions using a netting system (consolidated positions rather than separate hedges). It retains the automation, one-click execution, and technical features of the hedged MT5 but lacks support for US stocks and fractional trading.

Amana’s Investment App

We must give a special mention to Amana Capital’s investment app, which makes it easy for users to build and manage a diversified portfolio with zero commission, zero exchange fees, and no hidden costs.

You can own over 2,100 real, Securities Investor Protection Corporation (SIPC) insured U.S. shares like Tesla, Nvidia, and Amazon, alongside 1,100+ commission-free MENA stocks such as Salik, Emaar, and Aramco.

The app also supports physical crypto investing, offering access to popular unleveraged coins like BTC, ETH, and SOL. For those seeking hands-off strategies, Amana provides such pre-built Auto Invest Plans across categories as dividend growth stocks, Sharia-compliant ETFs, aggressive equity portfolios, and conservative bond mixes.

Users can also customize their own plans with up to 20 stocks, ETFs, or cryptocurrencies, tailored to their financial goals and risk appetite.

With real-time pricing on global shares, the app is designed for both active investors and those who prefer passive, automated strategies.

Look and feel

All Amana’s platforms provide clean, intuitive interfaces that cater to traders at all levels. Traders can customize chart layouts, use various order types, and access market depth windows for real-time pricing.

Login and security

All platforms use secure login processes, with accounts protected by unique credentials. Note that the broker does not confirm two-step authentication or biometric login options across web and mobile apps.

Search functions

Platforms provide efficient search functionality, allowing you to quickly locate assets by symbol, market type, or sector category.

Placing orders

You can typically place various order types, including market orders, limit orders, and stop orders. The broker’s platforms provide real-time pricing and allow for quick order placement directly from charts or order windows, accommodating both instant execution and pending orders.

Alerts and notifications

You can set up customizable alerts based on price movements, technical indicator signals, or economic calendar events. These notifications, delivered via desktop pop-ups, mobile app alerts, or email, make sure that you are promptly informed of significant market changes or when their predefined conditions are met.

Mobile Trading

Here are the details of Amana Capital’s mobile trading offerings:

Platforms

The Amana mobile app is a mobile-first trading and investing platform offering access to 5,500+ commission-free assets, including stocks, FOREX, metals, indices, commodities, ETFs, and cryptocurrencies. It features zero fees on card deposits and withdrawals, broad funding options, and supports fractional investing in certain markets, making it ideal for modern, on-the-go traders.

Amana also offers mobile trading through the globally recognized MT4 and MT5 apps, available on both iOS and Android devices. These platforms provide full access to global markets, with advanced charting, flexible order management, and built-in real-time market data. Look and feel

MT5’s mobile app delivers a clean, responsive design, making it simple to navigate among market watchlists, interactive charts, and trade panels. The mobile interface supports multi-timeframe charts, technical indicators, and trading bots, offering the same functionality available on desktop platforms.

Login and security

The MT4 and MT5 mobile apps use secure login processes with unique account credentials.

Search functions

Search functionality on the mobile platform is designed for efficiency. Traders can easily search by instrument name or browse categories such as FOREX, commodities, shares, indices, ETFs, and cryptocurrencies.

Placing orders

Traders can monitor positions, execute trades, and manage accounts on the go, all from a mobile-friendly interface.

Alerts and notifications

Amana traders using the MT4/MT5 mobile apps can set real-time price alerts and receive push notifications to stay informed of key market events. Additional tools, including economic calendars and market news updates, are accessible via the mobile platform to help you to monitor price movements and manage risk while on the move.

Research and Development

Amana Capital gives you a comprehensive suite of research tools designed for both new and experienced traders. Its proprietary RiskPulse tool delivers AI-driven insights into trading behavior, helping you identify risk patterns and improve decision-making.

Live-account holders get free access to AutoChartist, which scans markets for high-probability chart setups, while the Trade Captain portal offers a multilingual library of videos, e-books, and market analysis.

Social traders can leverage ZuluTrade to follow top-performing strategies with built-in risk controls, and high-volume clients benefit from VPS hosting for uninterrupted algorithmic trading. All of this is integrated into a client dashboard that combines analytics, educational content, and portfolio tracking for a holistic trading experience.

Education

Central to its offering is TradeCaptain, the broker’s dedicated learning portal, which features multilingual content in English and Arabic. Here, users can access a wide range of resources, including video tutorials, e-books, webinars, market outlooks, and daily analysis.

Additionally, Amana integrates AutoChartist alerts with learning elements that guide users through chart pattern recognition and trade-setup identification. For those looking to learn from others, the broker supports ZuluTrade, enabling copy trading from top-performing investors

Amana also enhances the learning process with its proprietary RiskPulse analytics tool, which not only analyzes trading behavior but educates traders on how to improve risk management and decision-making. Combined with regular market updates and access to expert commentary through the Amana Web platform, the broker's educational suite goes beyond theory to include actionable insights.

Final Thoughts on Amana Capital

Amana Capital is a solid MENA-focused broker that offers broad asset access, zero-commission trading, and a mobile-first experience backed by localized support. Its commitment to tight spreads, flexible leverage, and commission-free structures makes it attractive to both new and experienced traders.

However, its fragmented regulatory framework means that you are advised to take extra care to confirm with which entity they’re dealing, especially when it comes to fund protection and jurisdictional safeguards.

Conclusion

Amana Capital is a competitive broker that blends accessibility with advanced features, offering thousands of tradable assets across global markets. Its tiered account structure, intuitive platforms, and integrated research tools make it suitable for a variety of trading goals, from casual investing to high-frequency strategies.

However, we found the lack of unified regulatory clarity and some limitations on platform transparency (like exact spread details) are areas to watch. That said, for traders who prioritize mobile usability, commission-free trades, and a wide asset selection, Amana Capital offers strong value.

Amana Capital in Brief

Founded: 2010, headquartered in Dubai

Clients: 350,000+ across 80 countries

Assets Offered: 6,800+ including stocks, crypto, FOREX, commodities, indices, and ETFs

Trading Platforms: Amana App, Amana Web, MT4, MT5 (hedged and netting)

Regulation: LFSA, DFSA, CySEC, SCA, FCA, FSC, CMA

Spreads: As low as 0.1 pips (Active/Elite accounts), standard spreads from 1.4 pips

Commission: Zero on most assets; share CFDs and futures carry defined fees

Support: 24/6 in English and Arabic, with multilingual tools and learning resources

Best For: Traders looking for commission-free, mobile-first access to global and regional markets with flexible account options and educational support

Review Methodology

The team at Arincen collected more than 120 pieces of data covering in excess of 100 licensed FOREX companies. Data collection was done in three ways:

1. Companies’ Websites.
2. Other Websites that have ranked FOREX companies.
3. A survey questionnaire (referred to here as Survey “1”) we had sent to the companies invited to participate in the exercise. 

We have identified 12 criteria for our assessment, each containing several aspects and carrying its own relative weight. These include licensing, deposits and withdrawals, number of assets etc.  
Afterward we validated the data by:

1. Registering with FOREX companies as a secret shopper and/or as Arincen.
2. Survey number “2,, in which we asked these companies’ customers for important feedback and past experience. 

The next step saw us evaluate and rank each company, relying on the hard work of 15 Arincen employees. We were very careful in ensuring the most accurate assessment possible, including taking into account different languages, as well as the various mobile-app operating systems, e.g., Apple, Samsung etc.

To add credibility to our research project, we sent a final and third survey (referred to here as Survey “3”) to enable participating FOREX companies evaluate our own research and whether it accurately reflects the realities on the ground. We were fortunate enough to receive a mark of 9.9 out of 10! We have kept to a minimum the margin of error, which stood at a measly 1%. To learn more on how we came up with the evaluation, please click here.