Amana Financial Services UK Reseña

On-line since: 2014
Country of origin: United Kingdom
Regulation: FCA
Payment options: bank transfer, credit cards, electronic payment systems
Minimum account size: $50
Minimum lot size: 0.01 lot
Leverage: up to 1:500
Spreads: fixed, floating, an average of 1.4 pips

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:

• Small initial deposit;
• Leverage up to 1:500;
• Trading in cryptocurrencies;
• Trading on MT4 and MT5 platforms.

Cons:

• There are no bonus offers and contests;
• Little analytical information presented.