This service enables customers to get accurate information and obtain liquidity and pricing information from liquidity providers across the globe. The broker also has a blog that covers different topics such as Trading Psychology, Financial Markets Trading, and Cryptocurrency Trading. Finally, it has How To Guides that explain the different features available on the Amana App. These guides show important processes like how to add a stop loss, close positions, or place buy orders at market price.
App support
Stock trading fees at Amana.app depend on several factors, including the exchange used and the nature of the share being traded. US, UK, and other international stocks do not attract any commissions or added charges. Amana.app is a brokerage company with its headquarters in the UAE.
However it is known than amana does not profit from these trades, since 100% of amana’s cost is transferred to the investor without making any markup. Amana may be a regulated trading platform, but its withdrawal experience leaves much to be desired. This significantly reduces flexibility and convenience, especially for active traders. While the platform may be functional for trading, the cash-out process is a major drawback that raises red flags. In addition to providing assets for investment and trading, this broker also offers many other perks. Here, we examine any additional products and services from Amana.app, which may not have been discussed in the earlier sections.
- The platform is only available via mobile application on Apple and Android devices.
- From stocks, cryptocurrencies, forex, metals, and indices to ETFs, commodities, and more.
- The broker is well-regulated in up to 5 countries – the United Kingdom, Malaysia, Dubai, Mauritius, and Cyprus.
- As part of our Amana.app review, we went to various websites and forums to know what customers of this broker are saying about its services.
- Withdrawals from Amana.app may attract a charge, depending on the method used.
While other online trading brokers offer multiple account types with different spreads, instruments and features, amana offers everyone the default standard account when they sign up either via the app or MT4/MT5. In September 2022, amana introduced its mobile app, which quickly became its signature trading and investing platform, used by a community of more than 200,000 registered users. The app gained popularity very fast because it allows customers to access dozens of international and regional markets within seconds.
Trade and Investin 375+ Cryptoson amana
Amana.app is regulated across different regions, including the United Kingdom, Malaysia, Dubai, Mauritius, and Cyprus. Here, as part of our broker review, we outline the regulatory and licensing information for each of Amana’s subsidiaries. They are available 24/5 Monday-Friday, putting them at a disadvantage compared to brokers offering around the clock support.
Amana Review for UAE Traders in 2025
The app layout offers a sleek design and a user-friendly experience with personalized watch lists, news, notifications, and more. 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. Amana.app offers over 4000 assets, including shares, ETFs, Forex, cryptocurrencies, indices, and commodities. With White Labels, Amana.app can provide a bespoke solution to companies looking to set up a brokerage service. These organisations can have access to world-class trading platforms and technologies to kickstart their journey with ease.
Trading & Investing App: amana
Yes, amana is completely legal in the UAE and is even regulated in the UAE by the Dubai Financial Services Authority (DFSA) of Dubai. Based on a weekly comparison of the average standard account spreads in FX, Indices, Metals, Energies, and Crypto Assets compared to 6 MENA and International peers. Virtual assets may lose their value in full or in part,and are subject to extreme volatility.
In fact, many wishing to trade and invest have often been overlooked, particularly women and younger people. Our new app aims to help everyone pursue their financial ambition and secure a better financial future, no matter who they are. We want to help everyone become better at trading and investing” said Rasoul. But you should note that the amana app and amana’s MT4/MT5 accounts are two different things, if you want to trade on both, you’ll need to create a separate account for each with a different email address.
- In fact, many wishing to trade and invest have often been overlooked, particularly women and younger people.
- Investing in such derivative instruments might not be suitable for all investors.
- Users can also create a personalised list to monitor various assets.
- The Amana.app corporate account is designed to enable businesses to invest and speculate on various asset classes.
- While most methods are free, customers who wish to retrieve their funds via Neteller or Skrill will be charged a 2% and 1% fee, respectively.
REVIEWS
Overnight fees are incurred by clients who hold a position for over 24 hours on a CFD instrument. The calculation of this charge varies depending on the instrument traded. However, islamic traders will be exempted from this cost as Amana.app offers swap-free accounts. It does not charge any commissions, and there are no deposit fees.
It was founded in 2010 and has become well-known among investors in the MENA region and several other countries. Formerly known as Amana Capital, the company recently rebranded to Amana.app as part of its ongoing efforts to provide better service to its clients across the globe. However, while they provide a broad gamut of services, the Amana proprietary app only operates strictly as a trading platform. In summary, amana has grown as one of the UAE’s most well known local brokers. They are not only a good choice for CFD traders but also for clients looking to invest in local MENA stocks, including the largest UAE, Qatai, Saudi, Kuwaiti and Egyptian shares. Amana only charges overnight swap fees on some of its leveraged products, including forex CFDs, stock CFDs, ETF CFDs, regional stock CFDs, international stock CFDs and crypto CFDs.
However you should also be aware that trading comes with risk, and there is always the chance that your trades can move against you. The minimum deposit amount with amana is $50, which is a good amount if you’re looking to make money when trading in the UAE. With multiple offices worldwide, the broker’s processing times may vary, but most withdrawals are confirmed within 24 to 48 hours, excluding weekends and holidays.
We’ll also address some of the most common questions people ask related to amana, trading costs, and leverage. Amana, the leading neo-broker in the Mena region, has launched its end-to-end digital trading app designed to democratise investing whilst amana trading offering easy access to thousands of investment assets across the globe. The launch aligns with amana’s mission to give every individual the «right» and opportunity to participate in the financial markets.
