Amana Capital Demo Account offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
Amana Capital at a glance |
| 🔎 Broker's Name | Amana Capital |
| 📍 Headquartered | Beirut |
| 📅 Year Founded | 2010 |
| ⚖️ Regulating Authorities | FCA, CySEC, DFSA, CMA, LFSA, FSC |
| 🌐 Countries not accepted for trade | United States, Canada, Korea, Japan, Israel, Iraq, and Cuba |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | Yes |
| 💰 Minimum Deposit | $10 (R139.59 USD/ZAR at the time of writing) |
| 💳 Deposit Options | Bank transfer Credit/debit cards Skrill Netelle |
| 💳 Withdrawal Options | Neteller Qiwi WebMoney Perfect Money |
| 💻 Platform Types | MetaTrader 4 and MetaTrader 5 |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, shares, commodities, indices, metals, and energy |
| 👨💼 Languages supported on Website | Multiple languages |
| 👥 Customer Support Languages | Multiple languages |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 10
Regulators
FCA, CySEC, DFSA, CMA, LFSA, FSC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Amana Capital Demo Account below.
Amana Capital Demo Account – 7 key points quick overview:
- Amana Capital at a glance
- Amana Capital Demo Account – 7 key points quick overview:
- How to set up an Amana Capital Demo Account – Step by Step
- Amana Capital Demo Account Features
- Amana Capital Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the Amana Capital Demo Account as well as the features that are offered.
How to set up an Amana Capital Demo Account – Step by Step
Opening a demo account with Amana Capital will consist of the following steps:
1. Step 1: Navigate to the demo account registration portal.
A demo account can be opened with Amana Capital by visiting the online demo registration area of the broker’s website.
Complete the online registration form with the required information. Provide your full name and contact details, select your deposit amount, and set your required leverage. You can choose a maximum leverage ratio of 1:500.
2. Step 2: Read the terms and conditions.
Read and accept the terms and conditions and submit your registration form.
3. Step 3: You will be directed to your new demo account.
Once approved, you will be redirected to your practice account from which you can begin to test the broker’s features.
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy. If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
Amana Capital Demo Account Features
The demo account from Amana Capital provides a comprehensive practice environment that simulates real account features. The demo account is funded with virtual currency which will allow traders to practice new strategies in a risk-free environment.
Using the demo account, you can test the features of both the MetaTrader 4 and MetaTrader 5 platforms, access daily market news, forecasts, and premium educational content, as well as manage your trading activity from desktop, mobile, and tablet.
Min Deposit
USD 10
Regulators
FCA, CySEC, DFSA, CMA, LFSA, FSC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Amana Capital Pros and Cons
| ✔️ Pros | ❌ Cons |
| Comprehensive demo features | Demo account only available for 14 days |
Conclusion
Amana Capital Demo Account offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does Amana Capital offer a demo account?
Yes, Amana Capital offers a free demo account to all new traders.
For how long is the demo account valid?
The demo account is available for 30 days.
Which live trading accounts does Amana Capital offer?
Amana offers traders a broad selection of accounts, consisting of the Amana Classic, Amana Active, Amana Elite, Amana Shares Trading and Amana Copy Trading Accounts.
What are the available deposit currencies for a live trading account?
Amana Capital only accepts USD, GBP, and EUR as deposit currencies. This means that traders depositing in smaller currencies, such as ZAR/Rand, will likely incur conversion fees.
