Amana launches app with access to regional, global markets

The broker is well-regulated in up to 5 countries – the United Kingdom, Malaysia, Dubai, Mauritius, and Cyprus. They also keep client funds separate in a Client Money Account. Having segregated accounts ensures that these monies are not liable for use in debt repayment. Introducing brokers allows individuals and companies to earn added revenue by promoting Amana.app and bringing in new clients. Clients will be rewarded with a commission for every successful referral. It contains several videos that cover market analysis, daily briefings, trading basics, and many other tutorials.

FCA – United Kingdom

These long-established financial giants can seem unapproachable, complex, and intimidating, especially to younger or less experienced investors and traders navigating a digital world in constant flux. At amana, we offer tailored leverage responsibly and across popular assets,including currencies, metals, indices, commodities, crypto and stocks. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. Users who have challenges while using this broker’s platform can reach out to a customer service agent by sending an email to or by filling out a complaint form online in the support section of the website.

  • We look at specific aspects like amana’s platform, regulations and features, and whether amana is the right broker for you.
  • Amana.app is a financial services company that was established in 2010 by Karim Farra and Ziad Aboujeb.
  • For beginners, it might be overwhelming, but advanced traders appreciate the opportunity to diversify their portfolios into multiple markets.
  • Whether it’s how amana prices its services or how it explain the risks and opportunities in the company’s Transparency Statement, amana ensures that every customer understands exactly how things work.
  • Crypto assets are not regulated and offer no regulatory consumer protection like other leveraged OTC derivatives.
  • Additionally, traders wishing to withdraw via bank transfer may face a fixed or percentage-based charge depending on their region.

To provide you with security, privacyand reliability, we’re regulated byreputable international regulatoryauthorities. Advanced trading capabilities.Exclusive access to world-class commentary from Real Vision. The broker’s headquarters is located in the United Arab Emirates.

Trading Platforms and Tools

A user even claimed that the broker trades against its clients. However, one comment praised Amana.app for its excellent customer service. Amana.app provides a vast catalogue of learning resources for individuals to grasp the fundamentals of trading and investing. It offers Real Vision, a collection of online video tutorials that takes clients from the basics of trading to more advanced concepts at no cost. Real Vision has 31 videos, which add up to 9 hours and 24 minutes worth of content. Amana.app clients can open their accounts and trade on the native desktop browsers with the web trader App or by downloading MT4 or MT5.

For example, a 1.4-pip spread on EUR/USD can translate into a trading cost of roughly 14 USD per standard lot. Many competitive brokers will charge between 8 to 10 USD per standard lot on this major currency pair. It’s also worth noting that the broker extends an insurance option for certain markets, offering coverage of up to 1,000,000 USD in the event of insolvency.

How to Open an Account on Amana.app Mobile App

amana trading

For beginners, it might be overwhelming, but advanced traders appreciate the opportunity to diversify their portfolios into multiple markets. Whether it’s how amana prices its services or how it explain the risks and opportunities in the company’s Transparency Statement, amana ensures that every customer understands exactly how things work. At amana, transparency isn’t just a buzzword – it’s a core value that defines how it operates, both for its customers and internally as a company. Amana believes that our success is built on the collective efforts of clients, employees, and shareholders, working together to create the best possible products and experiences. Amana.app safety measures are designed to inspire confidence in clients and guarantee user fund safety in the event of insolvency or any unforeseen circumstance.

amana trading

Gives a Platform to Trade from Anywhere in The World

Despite the relatively large number of positive feedback, some clients complained about slippage. For withdrawals, clients can use all the above-listed payment methods to retrieve their funds. Amana.app charges a 2% and 1% fee to clients who withdraw with Neteller or Skrill, respectively. The icons and taskbars amana trading are also easy to understand for newbie traders. Users can open a Demo, Individual, Joint, or Corporate Account.

They can make use of the live chat option on the website and speak directly with a representative in minutes. Amana.app also has a detailed FAQ section listing some common problems and inquiries that users have and how to solve them. Furthermore, traders can opt to chat with support staff on Telegram, WhatsApp, or Facebook Messenger. With an individual account, clients will have access to Amana’s entire offering of assets. This account type allows users to enjoy margin trading and has the option of swap-free trading (for Muslim customers only).

In this section of our review, we take a brief look at the trading and non-trading costs incurred by the broker’s clients. Amana provides its own “all in one” trading platform with access to 1000+ financial instruments across forex, CFDs and physical stocks. ZERO commissions, ZERO exchange fees, ZERO clearing fees on your first $100,000 investment. Leverage itself does not directly raise trading fees like spreads or commissions, but it can influence your overall costs.

The amana app allows traders in the UAE to deposit via the following methods. Amana charges zero commission on forex, however futures, indices, metals and commodities come with a $10 fee per lot. By default all new accounts opened via the amana app are opened with AFS Global Ltd, licensed and regulated by the Labuan Financial Services Authority, Labuan Malaysia. Non-trading fees such as deposit and withdrawal charges are also a consideration.

  • The company’s mission is to expand access and cater to a diverse audience – from traditional high-net-worth individuals to younger, tech-savvy customers with less experience.
  • This UAE amana review 2025 takes a detailed look at one of MENA’s most well known local brokers.
  • “Amana trading” refers to the trading services provided by Amana Capital across various asset classes, including Forex, commodities, and share CFDs.
  • These organisations can have access to world-class trading platforms and technologies to kickstart their journey with ease.
  • Leveraged OTC derivatives and crypto asset trading outside an exchange is highly volatile, holds a high degree of risk and may expose investors to significant and rapid losses.
  • Step into the dynamic world of trading with amana, offering tailored leverages across currencies, metals, indices, commodities, crypto, and stocks.

While Amana advertises tight spreads—starting from 0.1 pips on certain high-deposit accounts—many traders on entry-level accounts face spreads that are higher than average. It provides both real and CFD stocks and is one of the few brokerage companies that offers shares from the MENA region. The broker also provides a detailed learning program for its clients via Real Vision and offers a great trading platform. For local MENA stock investing, there are clearing fees and additional fees in some cases.

As we continue our broker review, we examine each of these options and highlight any unique benefits that they provide. Users of this broker will be able to select popular ETFs such as iShares Core Growth Allocation ETF, ARK Innovation ETF, and Deutsche X-trackers Harvest CSI300 CHN A. Amana.app provides 18+ indices, including future and cash indices.

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