Amana Capital
Chris Cammack April 21, 2019 02:34 PM
For experienced traders who value a broad range of tradable assets and an extensive suite of trading tools, Amana Capital is a tempting option, though trading costs are higher than other brokers on its entry-level account. Amana Capital’s entry-level commission-free account has relatively wide spreads, but it also offers two high deposit (>25,000 USD) account options- Amana Active and Amana Elite - with tight spreads (0.1 pips on the EUR/USD) and a small commission per lot traded. Experienced traders may also be attracted by the number of tradable assets on offer, including over 332 share CFDs and 66 Forex pairs alongside indices, commodities, metals, energies, and cryptocurrencies. Amana Capital supports both the MT4 and MT5 trading platforms, and traders have access to some of the best trading tools in the industry, including Autochartist, Trade Captain, Zulutrade, and a VPS hosting service. All tools are offered free of charge to those with a live account, but the VPS service is exclusively for Amana Active clients. Beginners will find Amana Capital’s education section comprehensive and detailed, but it offers virtually no market analysis. Other disadvantages are a largely unresponsive customer support service, and substantial fees for deposits and withdrawals.