Amana Capital

Admin July 14, 2024

Summary

Amana Capital is a brokerage company founded with the vision to become a premium industry leader in innovative financial services and technological solutions. The company offers a generous variety of financial products including forex, shares, indices, commodities and cryptos.

Regulated

Payment Methods Used

credit and debit cards, bank transfers, checks and several online payment plans

Meta Trading Softwares Used

MetaTrader 4

Overall Rating

2.7/5

Reviews

Mamun
2.3/5

At Amana Capital, there are many issues, with the main one being their trading platform. While trading via mobile devices is possible, the program used by traders to execute trades is highly imperfect. Moreover, during strong market movements, trading can be completely halted, making it impossible to open or close orders. For instance, during the release of US labor market news, I couldn't close my order and ended up losing a lot of money. However, for Amana Capital, this issue doesn't seem significant, as they haven't taken any steps to address the situation.

Mr_K
1/5

AmanaCapital blocks accounts so as not to withdraw profits. After five months of trading, I was allowed to withdraw $200. This is despite the fact that I deposited $700 here and received a profit of $450. A week after the withdrawal, my account was blocked. Amana Capital support said that I was violating trading regulations. But more than a month has passed and the account has not been unblocked.

Monju
3/5

I deeply regret starting cooperation with Amana Capital. I believed that if a company has a regulator's license, no one would manipulate the platform. However, the company stated in the regulations that it is not responsible for software issues. Therefore, all problems that arise in the Amana Capital terminal are attributed to the client's capital and profit, leading to financial losses.

Ibtehaj
1.5/5

I leave my negative review of Amana Capital. This broker has low quality service and unacceptable conditions.It significantly increases spreads even above 30-40 pips, which is unacceptable. During times of volatility and important news, slippages reach unacceptable levels. I do not recommend using Amana Capital services.

Faisal
1.7/5

My account at Amana Capital got blocked. They demanded a re-verification, suspecting something against me. I submitted all the required documents, but it's been four weeks, and my issue is still unresolved. I've sent numerous emails, constantly bothering Amana Capital's support, but they keep telling me to wait. I might not have worried, but there's $1200 in my account.

Martin
3.5/5

Thank you for this great app, i was hesitant a trading app before. Once i used yours i got the best experience i could ever get, thank you for the safety and support.

Kestharjamal
1.1/5

Amana Capital brings only losses. And this does not depend on how traders trade. Even with an excellent trading strategy, trades on this platform will bring losses, because it is beneficial to the company and because Amana Capital itself trades against traders and takes their money.

Stephanie
2/5

The Amana Capital platform operates with significant issues. When attempting to close a losing trade, doing so quickly is impossible. The last time I tried to close a loss of 20 pips took me 10 minutes. Unfortunately, I managed to close it only when my loss had grown to 37 pips. I cannot recommend Amana Capital as a broker for trading.

Maury Goldstein
1.8/5

Guys be aware that amana capital is a market maker. They trade against you, plus the slippage is unbelievable. The chart is different if you compare it with other decent brokers... i was lucky i got the chance to get some of my money back after i reported to swiftrecoveryus, they have had many successful cases resolved against amana capital.

Daniel Goliber
3.7/5

Kudos To Amana Team. I really love the way they deal with market and their trading analysis are more than perfect.

Haman Hy
1/5

I applied for a withdrawal request from 2 weeks and it’s still pending for approval even tho they are saying it take a maximum of 7 working days. I also tried to contact them in the support chat cuz that’s the only way and an AI started asking me questions and when I asked for a customer service representative It said I should wait in the chat I waited for about 2 hours and got no reply no one answered and not even an email to follow up my issue even tho I did write my issue in the chat, I think I’m going to have to just report them to the DFSA.

Charles
1/5

Your money is not kept within the company accounts and they are closing their affiliate in Lebanon and wants to give back you money but you can't withdraw your account from the Bank. So be very cautious.

Mohamed
2/5

I strongly advise to not use this broker. High commissions even on small amounts invested. Small number of instruments to trade.

Alex
1.3/5

Scam broker which breach his own execution policy rules and execute limit orders with negative Slippage. Support staff which are underqualificated to understand how execution of limit orders should work. Will report them to FCA!

Puneet
1.1/5

Stay away of them ,if you approached them they will get all your money in any case , from fake orders submitted till disconnecting customers from their trading servers , I don't know how regularities are leaving them operating

Juanu smith
1/5

I DO NOT RECOMMEND! I DO NOT RECOMMEND! Didn't have a good experience with them, had to reach out for assistance before I could get my money out. It was professionals at the company Thesaruwealthrecovery.com , that helped me get out all my money

EdwinAdony
3/5

To be honest, Amana Capital is a rather average broker where opportunities for successful trading and profits are limited, especially if you're investing substantial amounts. Withdrawing significant funds can face the risk of account suspension on minor pretexts, and queries to customer support may go unanswered. In general, when dealing with Amana Capital, you might have to start with small investments. However, you may not be able to generate profits here.

New way smith
2.6/5

Please keep away from this company Please keep away from this company, it's another fruadulent platform. i was their prey, until i communicated with thesaruwealthrecovery.com for assistance. if you are a victim too, you can report to them

Wendy
1.2/5

amana capital is one of the worst companies I have ever worked with. I decided to join them because I was attracted by small spreads. But it's not worth it because of constant fees and trading restrictions. Hence, it was never possible to escape into a strong plus. I note that managers communicate properly only with those who have a sum of three zeros and above, those who don’t - are not good for them. I do not recommend amana capital.

Danielson
1/5

My experience of trading with Amana Capital is negative. Spreads and fees are very high. Fees for withdrawing funds via electronic payment systems is 25%, which is a very high percentage. Moreover, the withdrawal process took five days, which is unacceptable for withdrawal via electronic payment system, since in other companies it happens much faster. Amana Capital’s staff does not want to communicate with traders too much.