Amana Capital Review: Is Scam?

Amana Capital Review: Is Scam?

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Amana is a Forex trading company that claims to be operational on fora, such as mt4 mt5 FX. This company dates back to 2010 when it was founded in Beirut in Lebanon by an unknown founder. It boasts of having a very lucrative offer in more than 50 different currency pairs, CFD, and much more in the crypto investment market.

Amana boast of being operational in the market in more than four different countries, namely; the UK, Lebanon, Cyprus, and the United Arab Emirates. This group of financial services presents itself as Amana financial services in the UK, Amana capital in Lebanon, Amana capital in Cyprus, and in the United Arab Emirates.

It boasts of giving traders a chance to interact with other traders, where they can share expertise and different analysis with other traders, thus making the activity more reliable and successful.

How it works

Amana boasts of being fully equipped with the required trading tools to enable total success in the cryptocurrency trading activity. These tools include the risk policy analysis, which supposedly takes a look at the market at this very moment and uses this data to make an analysis, which in turn makes accurate predictions on future trades in the markets.

It also boasts of processing the multi-account manager. This feature enables a trader to obtain a link to the master account and perform on behalf of other Traders. This accessibility to the master account is, however, no guarantee of totally effective results as unaccounted for risk factors may present unprecedented outcomes. boast of trade signals which originate Autochartist scans charts that send in a real-time message to traders with opportunities for success. After completing the registration form, which comprises six pages, one is allowed to deposit with Amana

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Amana Capital Review, Platform

Before you get scammed by this group of insensitive online scammers, check out some of the excellent, Forex trading platforms. These credible, Forex trading platforms provide you with an opportunity to enjoy all the benefits that triggered you into taking part in this beautiful adventure of trading.

Shadiness in operations of Amana got marked by cases where the login details have been changed several without their consent. Amana office locations are virtual, but it claims to offer; market news, video commentary, and much more.

However, the peculiar thing is that most of this content is in the Arabic language; it poses as a language biased trading organization in cases of USA citizens not being able to access the full privileges Amana capital

Investment plans

Amana provides four different types of accounts. These accounts are namely Amana classic account, which promises leverage of 1: 500. The minimum deposit in this account is $50; the spreads go as far as 1.4 pips. The next type of account is the Shares account. This account heavily relies on the MT5, and trades done in currency pairs of USD and euros.

This account only allows for members in possession of more than 280 shares in CFD. The next consideration is the Amana active account. This account designed for high volume traders requires a minimum deposit of 25000 dollars.

Amana Active account promises $100 worth of trades each month. The final type of account is the Trade loss recovery account. This account on the nonzero block chain enables a trader to recover the lost amounts. The minimum deposit is $50 and offers maximum leverage of 1:500, with spreads beginning from 1.4 pips.

The final type of account is the Amana elite account known not to operate on swap-free. Swap-free works on Sharia law and charges no interests; hence one of the most customer considerations crypto principles in the market right now.

The elite account comprises of VIP clients who trade frequently. The minimum deposit of $250 is required: where services such as personal coaching benefits from low spreads and low charges elements first-class experience for affiliates who subscribed to this account. Key to note is the level of leverage that Amanda provides. All bear witness that the best degree of leverage a new Trader should be 1:200.

Customer feedback and support system

Amana gives its address as Amanda Also, the address + 44 20 7248 6494 is given as the owner’s telephone number. However, it is essential to note that Amana is prohibited in a few countries inclusive of Canada.

Why it is not permitted is a question that you should ponder on a lot of care and calm. There have been complaints of client details being changed several without their consent. As an excellent credible crypto trading company, as it claims to be, it should have addressed this. Interestingly complaints still keep trickling in, and nothing much done, and this leaves me with one question is a scam?

Monopolization of operation

Amana boast of being of service to several countries. On the other hand, clients have posted complaints about discrimination based on Citizenship. This type of monopolization is credible evidence directed towards a particular market in which the owner seems to have vast knowledge.

As a Lebanese based account, it is quite peculiar to see it deny its services to Western countries such as Canada. Don’t we want to make an extra profit by making the market-based more expansive? This type of monopoly is a more precise indicator of deliberate targeting of lovely unsuspecting traders who are adventure earning wealth via the crypto investments.

Deposits and withdrawals

Amana boasts of acceptance to more than 15 different funding ways that include Bank via visa Master card eBay Maestro and Skrill. Look at the drill here, the diversity of the modes of deposit only increase the probability of the owner gaining access to different deposits from prospective dealers.

The new bit has been that withdrawals have not yet processed. You would not want to spend more than 120 hours on the waiting bay just waiting for your broker to process your withdrawal requests. Therefore, why don’t you allow yourself to benefit from some of these legitimate Forex brokers

Clients have spontaneously filed complaints about the withdrawal process is relating to Amana Despite different claims made by Amana, we can now clearly see more harm.

Licenses and regulation

Amana boasts of accreditation by Cypress Cytec, FCA alongside with the UAEs DFSA. These claims are made by close to no provisions of tangible no works and signings to validate them. Traders add to note that licenses form a very crucial piece of the legitimacy of any investment company. Ironically, Amanda only makes empty claims without the provision of these licenses for full public view.

Final verdict

Amana presents itself as a very credible crypto trade company, and this happens contrary to the fact that there laid no provision of the owner’s details, pictures, or any other contact ways in case a client wants to get hold of the owner.

The spreads and the unrealistic benefits come along with a subscription to an account, only to push you to deposit with the brokers Search for Ponzi schemes, and the first name that will pop up on the screen is Amana Transparent Forex brokerage ought to ensure maximum customer consideration fully guaranteed profits at all times.

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