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Score

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0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

amana

United Arab Emirates | 5-10 years | Environment D |
Regulated in United Arab Emirates | Retail Forex License | Lebanon Financial Service Revoked | Suspicious Overrun | High potential risk

https://amana.app/

Website

Rating Index

Environment

Environment

D

Average transaction speed (ms)

562.2

Influence

B

Influence index NO.1

United Arab Emirates 4.52
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:C

Slippage:D

Cost:B

Disconnected:B

Rollover:AA

Influence

Influence

B

Influence index NO.1

United Arab Emirates 4.52
Surpassed 54.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+971 42769525
support@amana.app
https://amana.app/
https://www.facebook.com/chooseamana
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-06-08
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
7

Basic Information

Registered Region
United Arab Emirates
Operating Period
5-10 years
Company Name
Amana Capital Ltd
Abbreviation
amana
Company employee
--
Customer Service Email Address
support@amana.app
Contact Number
+97142769525
Company Website

FX3524007946

Unverified

Hong Kong

The official website cannot be opened using multiple browsers. This situation would not occur with a legitimate platform.

Exposure

2024-09-16

Eliza8558

Unverified

Taiwan

I have successfully withdrawn twice before, and I want to withdraw all the amount for the third time, the account will be frozen, ask customer service, ask to deposit the same amount within the deadline, then you can withdraw, if not deposited, the amount will be deducted every day. Today, this app has been getting errors and changing the app download URL

Exposure

2022-10-22

璇1094

Unverified

Taiwan

If you apply for a withdrawal, you must also be upgraded to a gold member to be able to withdraw without running volumn requirement, but you can't withdraw part of the money after you have recharged it... It is also stipulated that you must recharge within the time limit, otherwise it will be deducted from the account until the deduction is exhausted.

Exposure

2022-08-10

Okanireo

Unverified

Germany

Finally found a broker regulated by an authority! And they offer all the market tools I need. This is perfect!

Positive

2024-07-26

Mingyu

Unverified

United Arab Emirates

I've been using the Amana app for trading and it's pretty solid. Love that I can trade stocks and crypto without commission. The app is straightforward and being regulated by several authorities gives me peace of mind. Just be careful with the leveraged trading options, especially in crypto—it's super volatile!

Positive

2024-06-04

Sutii

Unverified

United Arab Emirates

Amana Capital is an impressive platform. What stood out to me initially was the speed at which my orders were executed - it's efficient and reliable. I appreciate the transparency and forthright nature of the company as well, it really puts me at ease when trading. Also, the support staff deserve a shout out for their dedication and assistance. Whenever I've had questions or needed help, they've been there, providing thorough and helpful answers. All in all, my trading with Amana Capital has been a positive one so far and I look forward to seeing it continue in this vein.

Positive

2024-04-19

FX1146475754

Unverified

Taiwan

I saw that the staff of wikifx conducted a Tianyan site survey in the UK... This so-called foreign exchange broker registered in the UK has no physical office at all. Combined with the complaints on wikifx, it is undoubtedly a liar!

Neutral

2022-12-13

FX1044735726

Unverified

Spain

I have been trading with amana for months now and my withdrawals have been normal. But now I see many complaints against this broker in wikifx. Do I have to withdraw all my money? Well, I still have almost 3 thousand euros. If this broker scams me, can wikifx help me???

Positive

2022-11-24

王建兵

Unverified

Hong Kong

Now I can't withdraw funds and I deposited ¥600,000. What should I do

Exposure

2020-12-21

麻雪峰

Unverified

Hong Kong

I knew a customer manager this September. She pushed me to opene an account. I opened an account on October 10. I deposited 30,000 on the same day and lost, just over 200 left. I deposited another 50,000 on the morning of October 11. A staff helped me to operate and there was ober 800,000 in the afternoon. But I can't withdraw. The customer service said I have to pay personal income tax. I transferred three times to three designation accounts, 70,812 in total. I was asked to pay over 70,000 as certification fund. Now I called the police for it's a fraud platform.

Exposure

2020-10-24

十二1147

Unverified

Hong Kong

Trap you by high returns. Don't be cheated

Exposure

2020-09-29

11
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Environment

Average transaction speed(ms)
562.2
The highest transaction speed(ms)
281
The highest speed of opening positions(ms)
281
The highest speed of closing position(ms)
296
The lowest speed of opening positions(ms)
797 Great
The lowest speed of closing position(ms)
406 Great
0USD/Lot
27USD/Lot Perfect
Long: -4USD/Lot    Short: 2.82USD/Lot Perfect
Long: -53.51USD/Lot    Short: 33.7USD/Lot Poor
Average slippage
10 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0 Perfect
Average reconnection time (millisecond/per request)
0
Ranking: 119 / 130
Test user 137
Orders 1,478
Ocuppied margin $252,194 USD
Data Source
WikiFX Data provide
Updated: 2025-06-06 01:00:00
Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
Lebanon
amana.app
104.22.19.184
amanacapital.com
45.58.136.227

Genealogy

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Relevant Enterprises

AFS GLOBAL LTD(United Kingdom)
Active
United Kingdom
Registration No. 06074725
Established 2007-01-30
Related sources Website Announcement

Company Summary

amana Review Summary
Founded2021
Registered Country/RegionUnited Arab Emirates
RegulationDFSA, CMA, LFSA, BDL (Revoked), SCA (Exceeded), CYSEC/FCA (Suspicious Clone)
Market Instruments6,000+, Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, Metals
Demo Account/
LeverageUp to 1:100
Spread70% Lower Spread
Trading Platformamana App, amana Web, MT4, MT5
Minimum Deposit/
Customer SupportLive chat
Email: support@amana.app
Social Media: Facebook, Twitter, Instagram, YouTube, LinkedIn, TikTok, Messenger, Telegram, WhatsApp

amana Information

Based in the United Arab Emirates, Amana is an online trading platform, offering 6,000+ tradable products, including Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, and Metals. It claims to offer leverage up to 1:100 and a spread 70% lower. This company holds multiple licenses from various authorities, while most of the licenses are effective, some of the licenses are revoked, exceeded, or suspected to be a fake clone.

amana's homepage

Pros and Cons

ProsCons
Various market offeringsSome licenses are exceeded, revoked or suspected to be a fake clone
No commissions
MT4 and MT5 supported
Three account types
Various payment methods
Live chat support

Is amana Legit?

amana operates under various regulatory frameworks across different jurisdictions. However, when it comes to regulatory status, while most entities are regulated, some have had their licenses revoked or are flagged as “Suspicious Clone” by certain authorities.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Dubai
Dubai Financial Services Authority (DFSA)RegulatedAmana Financial Services (Dubai) LimitedRetail Forex LicenseF003269
CMA
Capital Markets Authority LEBANON (CMA)RegulatedAmana Capital SALRetail Forex License26
BDL
BANQUE DU LIBAN (BDL)RevokedAmana Capital S.A.L.Financial Service60
LFSA
Labuan Financial Services Authority (LFSA)RegulatedAFS Global LimitedStraight Through Processing (STP)MB/18/0025
SCA
Securities and Commodities Authority (SCA)ExceededAmana Mena Promotional Services L.L.CInvestment Advisory License20200000255
CySEC
Cyprus Securities and Exchange Commission (CySEC)Suspicious CloneAmana Capital LtdMarket Maker (MM)155/11
FCA
Financial Conduct Authority (FCA)Suspicious CloneAmana Financial Services UK LimitedStraight Through Processing (STP)605070
Regulated by DFSA
Regulated by CMA
Revoked BDL license
Regulated by LFSA
Exceeded SCA license
Suspicious clone CySEC license
Suspicious clone FCA license
Domain information

What Can I Trade on amana?

amana asserts to offer over 6,000 types of market instruments, including Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, and Metals.

Trading AssetAvailable
forex
metals
commodities
indices
stocks
cryptocurrencies
ETFs
bonds
options
funds
What Can I Trade on amana?

Account Type

There are three types of car available on this platform, Meta Trader 4 (Hedged), Meta Trader 5 (Hedged), and Meta Trader 5 (Netting), each comes with different trading conditions.

Account TypeMetaTrader 4 (Hedged)MetaTrader 5 (Hedged)MetaTrader 5 (Netting)
Trading Assets100+ assets3,700+ assets3,700+ assets
Expert Advisors for automated trading
Advanced indicators and analysis tools
Multi chart support
One-click trading
Ticket-based trading
MENA exchange-traded stocks
US exchange-traded stocks
Fractional trading
Net-based positions
Account comparison

Leverage

Amana offers distinct leverages based on the asset class. 1:100 is the maximum leverage on this platform. Traders can contact the customer support team to request more leverage.

Asset ClassesStandard LeverageHigh Leverage
Major Forex25x100x
Minor Forex20x
Gold
Silver10x
Index Future Derivatives20x
Energy Futures Derivatives10x50x
Commodity Futures Derivatives25x
Spot Index Derivatives20x20x
Spot Energy Derivatives10x50x
Leverage

Fees

The spread on this platform is committed to being 70% lower. According to amana, traders are allowed to enjoy commission-free on all assets.

Trading conditions

However, amana charges overnight financing fees on US Stock Derivatives (OTC), US ETFs derivatives, Regional stock Derivatives, Leveraged crypto, Forex Derivatives (OTC), International Stock derivatives (OTC), and Spot market derivatives (OTC).

Plus, amana charges a clearing fee on Regional stocks (exchange traded/OTC) and Regional stock derivatives (OTC).

Charges and fees

Trading Platform

Traders on this platform get access to amana App, which is an all-in-one trading app that grants access to 5,500+ commission-free assets across global and regional markets. From stocks, cryptocurrencies, forex, metals, and indices to ETFs, commodities, and more.

In the meantime, amana also provides access to MT4 and MT5, which are popular trading platforms widely used for forex, CFDs, and other financial markets trading.

  • MT4 is simpler and highly popular for forex trading.
  • MT5 offers more advanced features, supports more markets, and is more flexible for algorithmic trading.
Trading PlatformSupported Available Devices Suitable for
amana AppDesktop, Mobile, Web/
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners
amana App
amanaWeb
MT4/5

Deposit and Withdrawal

These are the payment options available on this platform: Visa, Mastercard, amana Prepaid Card, Apple Pay, Wire Transfer, UAE instant banking, Neteller, Whish Money (Lebanon), Skrill, and digital currencies.

Amana claims that traders can enjoy zero fees on all card deposits and withdrawals.

Payment options

Keywords

  • 5-10 years
  • Regulated in United Arab Emirates
  • Regulated in Lebanon
  • Regulated in Malaysia
  • Retail Forex License
  • Straight Through Processing (STP)
  • Investment Advisory License
  • Lebanon Financial Service Revoked
  • Suspicious Overrun
  • High potential risk

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