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Amana Financial Services

6.2 / 10 Overall Score

Website: https://www.amanafs.co.uk/
Jurisdiction: United Kingdom
Operating Since: 10-15 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: Amana Financial Services UK Limited
Phone: 4.42E+11
Email: support@amanafs.co.uk
Address: 5 Merchant Square, London, W2 1AY

License Info: [{"监管状态": "FCA Regulated", "牌照信息": "United Kingdom STP"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# Amana Financial Services Company

## Company Overview

Amana Financial Services company operates as a leading forex broker and investment firm, focusing on providing access to global financial markets. Established in 2010 and headquartered in Dubai, Amana has built a strong presence in the Middle East and North Africa (MENA) region, serving over 350,000 active traders across 80 countries. The company is part of the Amana Capital Group and offers a comprehensive trading platform that includes various asset classes such as stocks, cryptocurrencies, commodities, and forex.

## Corporate Development

Since its founding in 2010, Amana Financial Services has experienced significant growth and development. The company has expanded its operations across the MENA region and beyond, establishing a reputation as a trusted broker. Key milestones include the acquisition of multiple regulatory licenses from respected authorities, enhancing its credibility and operational capability. The company has also diversified its product offerings to include advanced trading technologies and educational resources for traders.

## Corporate Structure and Subsidiaries

Amana Financial Services operates under several registered entities across different jurisdictions. Key subsidiaries and branches include:

- **Amana Capital Ltd** (regulated by CySEC in Cyprus)
- **AFS Global Ltd** (regulated by LFSA in Labuan, Malaysia)
- **Amana Financial Services (Dubai) Limited** (regulated by DFSA in Dubai)
- **Amana Capital S.A.L.** (regulated by CMA in Lebanon)

The internal organization consists of various departments focusing on operations, compliance, technology, and customer support, led by a team of experienced professionals from diverse backgrounds.

## Regulation and Compliance

Amana Financial Services company is committed to maintaining high standards of regulatory compliance. It holds multiple licenses from reputable regulatory bodies, ensuring a secure trading environment for its clients. The regulatory licenses include:

- **Securities and Commodities Authority (SCA), UAE** - License No. 20200000255
- **Dubai Financial Services Authority (DFSA), Dubai** - License No. F 003269
- **Labuan Financial Services Authority (LFSA), Malaysia** - License No. MB / 18 / 0025
- **Cyprus Securities and Exchange Commission (CySEC), Cyprus** - License No. 155 / 11
- **Financial Services Commission (FSC), Mauritius** - License No. C 118023192
- **Capital Markets Authority (CMA), Lebanon** - License No. 26

Client funds are protected through segregation policies, ensuring that they are held in separate accounts from the company's operational funds. This approach, combined with insurance coverage where applicable, enhances the safety of client investments. The company adheres to a compliance framework that promotes transparency and accountability, with regular audits conducted by recognized firms.

## Global Presence and Market Coverage

Amana Financial Services company primarily serves clients in the MENA region but has expanded its reach to numerous international markets. The company has established local branches and representative offices to facilitate better service delivery and client support. Its market focus includes retail and institutional clients, offering a range of trading instruments across various asset classes.

## Financial and Operational Data

Amana Financial Services has a robust operational framework, with nearly 100 professionals supporting its extensive user base. The company has made significant investments in technology and infrastructure to enhance its trading platforms and client services. Although specific financial data is not publicly disclosed, the company is known for its active engagement in the financial markets, facilitating substantial transaction volumes.

## Reputation and Industry Standing

Within the forex and financial community, Amana Financial Services company is recognized for its regulatory compliance and commitment to client service. Public reviews and ratings indicate a mix of experiences, with some clients praising the company's trading conditions and support, while others have raised concerns about specific operational aspects. The company collaborates with major financial institutions, further solidifying its credibility and standing in the industry.

## Summary

Amana Financial Services company has established itself as a prominent player in the forex brokerage and investment industry, characterized by its regulatory compliance, diverse product offerings, and commitment to client satisfaction. With a strong operational foundation and a focus on transparency, Amana continues to play a significant role in facilitating access to global financial markets for traders in the MENA region and beyond. The company's adherence to regulatory standards and client protection measures underscores its integrity and commitment to maintaining a trustworthy trading environment.

Account Types

# Amana Financial Services Account Types

Amana Financial Services offers a variety of account types designed to cater to the diverse needs of traders. Below are the primary account types available:

| Account Type      | Minimum Deposit | Spreads/Commission                     | Leverage         | Trading Instruments Available                | Base Currencies Supported | Execution Model | Unique Features                             |
|-------------------|------------------|----------------------------------------|-------------------|---------------------------------------------|---------------------------|------------------|---------------------------------------------|
| Classic Account    | $50              | No commission on forex; spreads from 1.3 pips for EUR/USD | Up to 1:30        | Forex pairs, CFDs                           | USD, EUR, GBP            | Market Maker     | Accessible on MT4 and MT5                  |
| Active Account     | $25,000         | $30 per million traded for forex; competitive spreads | Up to 1:30        | Forex pairs, CFDs                           | USD, EUR, GBP            | Market Maker     | Access to advanced trading signals, personal relationship manager |
| Elite Account      | $250,000        | Elite spreads; costs with exclusive tools | Up to 1:30        | Forex pairs, CFDs                           | USD, EUR, GBP            | Market Maker     | Tailored services, personalized coaching, dedicated trade desk team |
| Shares Account     | No minimum deposit required | $0.02 per share for US stocks | Up to 1:10        | Over 280 US share CFDs                      | USD                       | Market Maker     | Focus on US shares trading                   |
| Islamic Account    | No minimum deposit required | Swap-free trading in compliance with Sharia law | Up to 1:10        | Forex pairs, CFDs                           | USD                       | Market Maker     | Compliance with religious requirements       |

# Amana Financial Services Broker Account Opening Process

Opening an account with Amana Financial Services is a straightforward process that can be completed in a few simple steps:

1. **Visit the Website**: Go to the official Amana Financial Services website.
2. **Fill Out the Registration Form**: Provide personal details, including your name, email address, phone number, and preferred account type.
3. **Verification**: Upload identification documents (passport, national ID, or driver’s license) to verify your identity.
4. **Funding Your Account**: Make your initial deposit using one of the available funding methods (bank transfer, credit/debit cards, e-wallets).
5. **Account Activation**: After the deposit is processed, your account will be activated, allowing you to start trading.

The entire process typically takes around 30 minutes to complete, and traders must be at least 18 years old to open an account.

Deposit & Withdrawal

# Amana Financial Services Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Amana Financial Services Minimum Deposit Explained

The minimum deposit required to open an account with Amana Financial Services is **$10**. This low threshold makes it accessible for a wide range of traders.

### Account-Type Comparison

Amana Financial Services offers various account types, each with different minimum deposit requirements:

- **Classic Account**: Minimum deposit of $50.
- **Active Account**: Minimum deposit of $25,000.
- **Elite Account**: Minimum deposit of $250,000.
- **Shares Account**: No minimum deposit required.

### Regional Differences

The minimum deposit remains consistent across regions, with the primary currency being USD. However, local payment methods may have different minimums based on currency conversion rates and bank policies.

### Advantages

1. **Low Minimum Deposit**: Starting with just $10 allows new traders to enter the market with minimal risk.
2. **Variety of Account Types**: Different accounts cater to varying trading needs and volumes.
3. **Multiple Funding Options**: A wide range of deposit methods ensures convenience for traders.
4. **Regulatory Oversight**: Amana is regulated by multiple authorities, providing security for client funds.

### Disadvantages

1. **Higher Minimums for Premium Accounts**: While the Classic account is accessible, higher-tier accounts require significant capital.
2. **Limited Local Payment Options**: Depending on the region, some traders may find fewer local deposit methods.
3. **Potential Fees on Certain Methods**: Some deposit methods may incur fees from third-party providers.
4. **Withdrawal Restrictions**: Withdrawals may only be processed back to the original funding method, which could limit options for some traders.

### Competitor Comparison

Compared to competitors like eToro and XM, Amana's minimum deposit is quite competitive. eToro requires a minimum deposit of $200, while XM offers accounts starting at $5 but may have higher fees on withdrawals.

## Amana Financial Services Deposit Methods Comprehensive Guide

Amana Financial Services supports various deposit methods, including:

### 1. Bank Transfers
- **Processing Time**: 1-3 business days.
- **Fees**: £6 for incoming transfers; outgoing transfers are typically free.
- **Availability**: Widely available.
- **Limits**: Minimum deposit of $10.
- **Pros**: Secure and reliable.
- **Cons**: Longer processing times compared to other methods.

### 2. Credit/Debit Cards
- **Processing Time**: Instant to 30 minutes.
- **Fees**: No fees from Amana; provider fees may apply (around 1.5%).
- **Availability**: Visa, MasterCard, Maestro.
- **Limits**: Minimum deposit of $10.
- **Pros**: Fast and convenient.
- **Cons**: Possible fees from card providers.

### 3. E-Wallets (Neteller, Skrill)
- **Processing Time**: Instant to 1 hour.
- **Fees**: Neteller: 2% capped at $30; Skrill: 1% fee.
- **Availability**: Supported in USD, GBP, EUR.
- **Limits**: Minimum deposit of $10.
- **Pros**: Fast processing and often lower fees.
- **Cons**: Fees charged by the e-wallet provider.

### 4. Cryptocurrency
- **Processing Time**: 1-3 hours (network dependent).
- **Fees**: Network fees apply.
- **Availability**: Bitcoin, USDT.
- **Limits**: Minimum deposit of $10.
- **Pros**: Lower fees and fast transactions.
- **Cons**: Volatility in crypto values could affect deposit amounts.

### 5. Local Payment Solutions
- **Processing Time**: Varies by provider.
- **Fees**: Typically low or free.
- **Availability**: Depends on regional banks.
- **Limits**: Minimum deposit of $10.
- **Pros**: Convenient for local traders.
- **Cons**: Limited availability in some regions.

### Supported Currencies and Recommended Methods

The primary currency for deposits is USD, but GBP and EUR are also supported. Recommended methods for quick processing include credit/debit cards and e-wallets.

## Amana Financial Services Deposit Steps Explained

### Step-by-Step Deposit Procedure

1. **Log in to Your Account**: Access your Amana Financial Services account.
2. **Navigate to the Deposit Section**: Click on the deposit button or tab.
3. **Select Your Preferred Method**: Choose from the available deposit options.
4. **Enter Deposit Amount**: Specify the amount you wish to deposit.
5. **Complete the Transaction**: Follow the on-screen instructions to finalize your deposit.

### Mobile vs Web Differences

The deposit process is similar on both mobile and web platforms. However, mobile users may experience additional security checks, such as biometric verification.

### KYC Notes and Common Issues

To ensure compliance with regulations, you may need to complete KYC (Know Your Customer) verification. Common issues include incorrect payment details or failure to meet the minimum deposit requirement. Always double-check your information before submitting.

### Typical Fund Crediting Times

Deposits via credit/debit cards and e-wallets are generally credited instantly, while bank transfers may take 1-3 business days.

## Amana Financial Services Withdrawal Methods Overview

Amana Financial Services provides several withdrawal channels:

### 1. Bank Transfers
- **Processing Time**: 1-5 business days.
- **Fees**: No fees from Amana; bank may charge incoming fees.
- **Currency**: USD, GBP, EUR.
- **Limits**: Must withdraw in the currency of the original deposit.
- **Pros**: Secure and reliable.
- **Cons**: Longer processing times.

### 2. Credit/Debit Cards
- **Processing Time**: Same day to 1 day.
- **Fees**: No fees from Amana; may vary by card provider.
- **Currency**: USD, GBP, EUR.
- **Limits**: Must withdraw up to the amount deposited through this method first.
- **Pros**: Fast processing.
- **Cons**: Possible delays if incorrect details are provided.

### 3. E-Wallets (Neteller, Skrill)
- **Processing Time**: Instant to 1 hour.
- **Fees**: 1-2% depending on the provider.
- **Currency**: USD, GBP, EUR.
- **Limits**: Must withdraw in the currency of the original deposit.
- **Pros**: Quick and convenient.
- **Cons**: Fees can add up.

### 4. Cryptocurrency
- **Processing Time**: 1-3 hours (network dependent).
- **Fees**: Network fees apply.
- **Currency**: Bitcoin, USDT.
- **Limits**: Minimum withdrawal amount applies.
- **Pros**: Fast and low fees.
- **Cons**: Volatility in crypto values.

### Recommended Options by Cost and Speed

For the fastest and most cost-effective withdrawals, e-wallets are recommended, while bank transfers are the most secure but take longer.

## Amana Financial Services Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions

1. **Log in to Your Account**: Access your Amana Financial Services account.
2. **Go to the Withdrawal Section**: Click on the withdrawals button.
3. **Select Your Withdrawal Method**: Choose how you want to withdraw your funds.
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw.
5. **Submit Your Request**: Confirm the details and submit your withdrawal request.

### ID Verification Requirements

Before processing withdrawals, ensure your account is verified with the necessary identification documents (proof of identity and proof of address).

### Expected Fund Arrival Time

Withdrawals are typically processed within 24 hours, but actual arrival times will vary by method—bank transfers may take longer than e-wallets.

### Typical Delay Reasons and Fixes

Common reasons for delays include incorrect payment details, KYC verification issues, or bank processing times. Ensure all information is accurate and up to date to avoid delays.

## FAQs – Amana Financial Services Deposits & Withdrawals

### What is the minimum deposit for Amana Financial Services?
The minimum deposit is **$10**.

### How long do withdrawals take?
Withdrawals typically take **1-5 business days**, depending on the method used.

### Are there fees for deposits or withdrawals?
Amana does not charge fees for deposits or withdrawals, but third-party providers may apply fees.

### Can the same method be used for both?
Yes, you must use the same method for withdrawals as you used for deposits, adhering to Amana's policy.

### Are crypto or local methods supported?
Yes, Amana supports cryptocurrency deposits and withdrawals, along with various local payment methods depending on the region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Amana Financial Services

Amana Financial Services

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