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Amana Capital Fees, Spreads and Commissions Reviewed ☑️ (2023)

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Amana Capital Fees Spreads and Commission vary according to the account type which the trader is using. Spreads begin at 1.4 pips for EUR/USD and 1.9 pips for GBP/USD.

 

Amana Capital at a glance

 

? Broker’s Name Amana Capital
? Headquartered Beirut
? Year Founded 2010
⚖️ Regulating Authorities FCA, CySEC, DFSA, CMA, LFSA, FSC
? Countries not accepted for trade United States, Canada, Korea, Japan, Israel, Iraq, and Cuba
☪️ Islamic account (swap-free) Yes
? Demo Account Yes
? Institutional Accounts No
? Managed Accounts Yes
? Maximum Leverage Yes
? Minimum Deposit $10 (R139.59 USD/ZAR at the time of writing)
? Deposit Options Bank transfer
Credit/debit cards
Skrill
Netelle
? Withdrawal Options Neteller
Qiwi
WebMoney
Perfect Money
? Platform Types MetaTrader 4 and MetaTrader 5
? OS Compatibility Windows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
? Tradable assets offered Forex, shares, commodities, indices, metals, and energy
?‍? Languages supported on Website Multiple languages
? Customer Support Languages Multiple languages
? Customer Service Hours 24/5
? Open a account ? Click Here

 

 

Choose your quick section of our Amana Capital Spreads and Commission below.

 

Amana Capital fees and spreads – 7  key points quick overview:

 

  1. Amana Capital at a glance
  2. Amana Capital fees and spreads – 7  key points quick overview:
  3. Amana Capital Fees and Spreads
  4. Amana Capital Additional Trading Fees
  5. Amana Capital Broker Fees
  6. Amana Capital Pros and Cons
  7. Frequently Asked Questions

 

 

Here is our overview of the Amana Capital Fees Spreads and Commission as well as the features that are offered, which could affect your trading.

 

Amana Capital Fees and Spreads

 

Amana Capital Fees and Spreads

 

Traders with Amana Capital  can expect the following spread list:

 

Spreads begin at 1.4 pips for EUR/USD, 1.9 pips for GBP/USD, and 1.5 pips for cash indices such as the FTSE 100.

The broker does not charge commissions on Forex pairs, but future indices, metals, commodities, and energies come with a $10 (R139.59 USD/ZAR at the time of writing) fee per lot. For US shares, commissions are $0.02 (R0.28 USD/ZAR at the time of writing)) per share.

This is not the most competitive offer but does provide standard trading conditions overall.

 

Amana Capital Additional Trading Fees

 

Amana Capital charges both deposit fees and withdrawal fees. For deposits, most methods will incur a fee, starting from 1.5% for cards and going up to £6 for bank transfers. For withdrawals, these fees range from 0.5% for UnionPay to 4.9% for Moneta. Card payments and fast international bank transfers are covered by Amana Capital, and some e-currency payment systems such as Perfect Money are free. Amana Capital does charge swap fees, also referred to as overnight fees.

 

A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate. The broker offers the option of a swap-free trading account to its Muslim traders, for whom the interest accrued during rollover periods is strictly prohibited by Sharia law.

 

 

 

Amana Capital Broker Fees

 

Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution. As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency. As Amana Capital is not a spread betting broker, spread betting fees will not apply.

 

 

Amana Capital Pros and Cons

 

✔️ Pros ❌ Cons
Commission free trading on Forex pairs Deposit and withdrawal fees
Low minimum deposit Not the tightest spreads

 

You might also like: Amana Capital Review

You might also like: Amana Capital Account Types Overview

You might also like: Amana Capital Demo Account – Step by Step

You might also like: Amana Capital Islamic Account Overview

You might also like: Amana Capital Minimum Deposit

You might also like: Amana Capital Sign up Bonus

 

Frequently Asked Questions

 

How many instruments can I trade with Amana Capital?

Amana Capital offers a wide range of assets, including 54 FX pairs and a variety of popular future and cash stock indices, such as the Dow Jones and FTSE 100. Traders can also choose from over 280 US company shares, such as Facebook, Apple, and McDonald’s.

 

Does Amana Capital offer leverage?

Yes. Traders within the European Economic Area can receive a maximum leverage of 1:30, while those in other regions can apply for a maximum leverage of 1:500.

 

What spreads can I expect with Amana Capital?

Spreads begin at 1.4 pips for EUR/USD, 1.9 pips for GBP/USD, and 1.5 pips for cash indices such as the FTSE 100.

 

Does Amana Capital charge commission?

The broker does not charge commissions on Forex pairs, but future indices, metals, commodities, and energies come with a $10 (R139.59 USD/ZAR at the time of writing) fee per lot. For US shares, commissions are $0.02 (R0.28 USD/ZAR at the time of writing)) per share.

 

Is Amana Capital regulated?

Yes, Amana Capital is regulated in several jurisdictions by the following organizations:



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