On-line since: About the company: Amana Financial Services UK provides direct access to the global financial markets. Company. Security of funds Amana Financial Services UK Ltd is part of Amana Capital Group, which consists of five divisions: Amana Financial Services-UK, Amana Financial Services (Dubai) Limited, Amana Capital SAL-Lebanon, Amana Capital (Cyprus) Limited and TradeCaptain.com. Amana Financial Services UK provides brokerage services in the UK. The company is regulated by the Financial Conduct Authority (FCA). The FCA is a respective regulatory body in the world that applies strict rules to licensed firms. Brokers are required to keep client funds in separate bank accounts, have a minimum of 730,000 euros on their own account and must participate in compensation schemes. These requirements minimize the risk of money loss due to the poor performance of the broker. Trading conditions Clients of Amana Financial Services UK can trade in currency pairs, cryptocurrencies, gold, silver and CFDs on currency, commodities, metals and futures. Amana FS offers several accounts: Mini MT5, Basic MT5, Elite MT5, and Basic MT4. Minimum initial deposit The minimum initial deposit is $50, that is why trading with Amana Financial Services UK becomes available to almost everyone. If you doubt whether you should open an account with the broker, we recommend reading the reviews on the company on our page and studying the trade on the demo account. Spreads and commissions Spreads vary depending on the account type. If you start trading with $50, for the EUR/USD pair, spreads will be 1.4 pips without additional commissions charged. Leverage Maximum leverage rates reach 1:500. Compared to other brokers, this offer is considered above average. Although there are companies that offer leverage up to 1:1000. Trading platforms With Amana FS, you can use a well-known Metatrader 4 (MT4), as well as its successor MetaTrader 5 (MT5). Both platforms are available as desktop, web and mobile versions. MT4 is used by more than 90% of traders around the world, as the platform is equipped with a full set of technical analysis tools, advisers and functions for testing advisers. Amana FS is one of the first brokers to offer MT5 trading, in which developers retained all the functions of the previous version and added new ones. It is worth noting that the advisors created for MT4 trading will not be suitable for MT5. Education Amana Capital has a lot of training materials. Experts conduct seminars on technical analysis and other topics held in English. Webinars are divided for beginners, advanced traders and professionals. Social trading from Amana Capital allows traders to communicate and share experiences and trade strategies. We also recommend checking reviews from analysts. Support service Traders can call the Amana FS representatives from around the world - London, Dubai, Riyadh, Al Khobar, Limassol, Cyprus, and Lebanon. Clients can also contact the support service via e-mail, live chat or online form. Payment methods To make a deposit or withdraw money you can use credit cards, bank transfers and electronic wallets Skrill, Neteller, WebMoney, Moneta.ru, Qiwi, FasaPay, Ayeer, ePay, Perfect Money and AdvCash. Customers from Lebanon can deposit and withdraw funds with the help of credit/debit cards and bank transfers only. Pros:
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Amana Financial is a fair broker since I have been with them. Their platform MT4 works fast in execution, I didn't have delays or crazy spreads also I have made withdrawals 4 times via skrill, most of the losses I incurred were solely due to my silly trading mistake. So many times my positions have come to just 1 pip from stop loss and then reversed for a profit. I recommend Amana Financial broker.
Amana Financial is a dishonest broker. Their spreads are too wide and has a connection problem. The price will freeze every hour and I don't believe that it's just a coincidence. What worried me most is that their freeeqeunt disconnection problem. They are just like other brokers whose only purpose is to get all your money.
MT4 platform is awesome to me on a micro account since two years. I say it is the best platform for trading in the market due to instant execution, some great tools, and analytical indicators. I have earned $2277 on trading and I am happy with Skrill payment system. Because always I have withdrawal my profit within 8 hours. Really I am satisfied with this broker and recommend them to others traders. Also, I like their trading condition and service, which is the way to earn money for any traders.
Upon testing various brokers I have chosen Friedberg Direct for real trading and stayed with them. I was careful at first to invest money because I saw others reviews of trader, which are saying that it is possible to profit from forex, I finally determined to invest a little amount of money. Trading for two months, I made 250% profit. So far, so good – Friedberg Direct seems like an excellent broker.
I've seen a painful and bogus platform of Amana Financial Services UK. As I can't trade on their platform due to delay execution, which didn't give a good result so far. If I want to make any orders then the position always executed 20 to 40-sec delay. Sometimes the platform is too busy that it was disconnected from the server. So my customized EA didn't work. I also found they charged much spread in the high volatility market. Therefore I have moved from Amana Financial Services UK broker.
Hi, I opened an account at Amana Financial Services two months ago. It was easy to start an account because the process is simple and the initial capital is affordable. So far, I can say that I am doing good in my trading activities. The broker also has a Forex education and it helps me a lot in my journey.
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