Cyprus entity of a broader group with UK (FCA) and Dubai (DFSA) licensed affiliates alongside its CySEC licence.
| Regulated entity | Amana Capital Ltd |
|---|---|
| Regulation | CySEC No. 155/11 + FCA-licensed (FRN unconfirmed) |
| Other Tier-1 regulators | DFSA |
| Founded | 2010 |
| Headquarters | Limassol, Cyprus |
| Minimum deposit | $50 (Classic account, approximate — some sources list no stated minimum) |
| Avg. spread (EUR/USD) | 1.4 pips |
| Platforms | MT4, MT5 |
| Instruments | 360+ instruments across forex (66 pairs), 330+ share CFDs, indices, metals, energies, commodities and crypto |
See Amana Capital's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Sources conflict significantly: one comparison site describes only individual/joint/corporate account variants (no execution-style tiers), while another describes Classic (low-deposit, beginner), Active, and Elite (raw-spread, high-volume) tiers. This is a genuine, unresolved disagreement between sources. |
|---|---|
| Execution model | One source states Amana uses a market-maker model with no ECN or STP accounts offered; this is in tension with the "raw spreads" language used for the Active/Elite tiers described by another source, which would imply an STP-style model for those tiers. Treat as disputed rather than settled. |
| Withdrawals & deposits | Minimum deposit figures conflict ($1,000 vs. a more recent $50 figure). No deposit fees from Amana itself (card processors may charge 1-3%). Minimum withdrawal $10, processing from 15 minutes up to 3 business days. Methods include bank wire, cards and PayPal for deposits, plus Neteller and Skrill for withdrawals. |
| Overnight financing (swap) | Multiple sources describe every Amana Capital account as swap-free by default, in line with Sharia principles -- an unusually broad, singular claim from limited sourcing that's worth verifying directly rather than assuming confirmed. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | Not found. |
| Customer service | Trustpilot rates it around 3.5/5 with mixed feedback: some praise fast withdrawals and helpful support after extended use, while others report unanswered phones, poor email responsiveness, and app glitches including an inability to stop trading. |
| Mobile experience | An app matching Amana's name shows a strong rating (around 4.7 from about 195 ratings) on iOS, but this could not be confirmed as the same company as Amana Capital Ltd the FX/CFD broker -- a similarly named, unrelated consumer investing app exists in the same region, so this figure isn't reliably attributable and shouldn't be taken as Amana Capital's own rating. |
| Educational offering | Marketing material references tutorials and educational content, but this description may also trace to the ambiguous similarly-named app rather than Amana Capital specifically -- not independently confirmed. |
See how Amana Capital's spread cost compares across every researched broker → · Forex broker fees explained
Is Amana Capital regulated?
Yes -- CySEC No. 155/11 + FCA-licensed (FRN unconfirmed). See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Amana Capital fails?
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
What is the minimum deposit at Amana Capital?
Our research confirms a minimum deposit of $50 (Classic account, approximate — some sources list no stated minimum).
What trading platforms does Amana Capital offer?
Amana Capital offers MT4, MT5.
What is Amana Capital's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 1.4 pips. See our cost calculator to compare this across every broker we've reviewed.
When was Amana Capital founded?
Amana Capital was founded in 2010.
How is Amana Capital's overall score calculated?
Amana Capital currently scores 3.31/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
Publicly listed on Nasdaq (IBKR) and an S&P 500 constituent, Interactive Brokers is one of the largest electronic brokers globally by client equity, with access to 150+ markets worldwide. Founder Thomas Peterffy remains Chairman. Widely regarded as a low-controversy, Category-A-regulator-only broker relative to CFD-focused peers.
ThinkMarkets is a dual-headquartered (Melbourne/London) group founded in 2010 by brothers Nauman and Faizan Anees, in which each of its major-jurisdiction licences (FCA, ASIC, FSCA, DFSA, FMA) sits in a different legal entity from its CySEC-licensed European arm.