Amana Capital Minimum Deposit

Amana Capital Minimum Deposit is $10 / R139.59. This is good when compared to other broker minimum deposit fees, making it more accessible to beginner and smaller retail traders.

Overall Rating

• 2.4/5

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OPEN AN ACCOUNT

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 Minimum Deposit below.

Amana Capital  Minimum Deposit – 8 key points quick overview:

1. Amana Capital at a glance
2. Amana Capital  Minimum Deposit – 8 key points quick overview:
3. Amana Capital Minimum Deposit
4. Amana Capital Deposit fees and deposit methods
5. Step by step guide to deposit the minimum amount
6. Amana Capital Pros and Cons
7. Conclusion
8. Frequently Asked Questions

Here is our overview of the Amana Capital Minimum deposit as well as the pros and cons as well as features that are offered to traders.

Amana Capital Minimum Deposit

The minimum deposit amount required to open a broker account with Amana Capital is $10 (R 149 USD/ZAR at the time of writing). This is an extremely low minimum deposit requirement when compared to most brokers in the industry and should present a low barrier of entry to retail traders of all types.

Amana Capital Deposit fees and deposit methods

Amana Capital has a broad selection of available deposit methods, which consist of the following:

In terms of deposit security, Amana maintains segregated client money accounts with Tier 1 Banks to ensure that client funds are kept in separate bank accounts. Amana’s FCA and CySEC clients are protected by the Financial Services Compensation Scheme (FSCS) in the UK and the ICF in Cyprus, respectively. Amana’s clients with accounts under LFSA and FSC licenses will benefit from $1,000,000 (R13959020.00 USD/ZAR at the time of writing) client funds protection insurance.

Furthermore, Amana clients are protected from negative balances by applying a Negative Balance Protection Policy that credits your account to a zero-balance limit. With regards to deposit currencies, unfortunately, Amana Capital only accepts EUR, USD, and GPB.

This means that traders depositing in smaller currencies, such as ZAR/Rand, will likely incur conversion fees. The broker does charge deposit and withdrawal fees. For deposits, most methods will incur a fee, starting from 1.5% for cards and going up to £6 for bank transfers. For withdrawals, these fees range from 0.5% for UnionPay to 4.9% for Moneta. Card payments and fast international bank transfers are covered by Amana Capital, and some e-currency payment systems such as Perfect Money are free.

Amana Capital’s step-by-step guide to depositing the minimum amount

Funding your account with Amana Capital consists of the following steps:

1. Step 1: Log into your account

• Log in to your account

2. Step 2: Select a deposit method

• Go to the funding area on your client dashboard
• Select your preferred payment method
• Indicate the amount your wish to deposit
• Confirm your deposit details and submit your payment

Overall Rating

• 2.4/5

Read Review

OPEN AN ACCOUNT

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

Conclusion

Amana Capital Minimum Deposit is $10/R149. This is good when compared to other broker minimum deposit fees, making it more accessible to beginner and smaller retail traders.

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Frequently Asked Questions

What is the minimum deposit for Amana Capital?

The minimum deposit amount required to open a broker account with Amana Capital is $10 (R 139.59 USD/ZAR at the time of writing). This is an extremely low minimum deposit requirement when compared to most brokers in the industry and should present a low barrier of entry to retail traders of all types.

How do I make a deposit and withdrawal with Amana Capital?

Amana Capital has a broad selection of available deposit methods, which consist of the following:

• Bank transfer
• Credit/debit cards
• Skrill
• Neteller
• Qiwi
• WebMoney
• Perfect Money

Does Amana Capital charge withdrawal fees?

Yes, these fees range from 0.5% for UnionPay to 4.9% for Moneta. Card payments and fast international bank transfers are covered by Amana Capital, and some e-currency payment systems such as Perfect Money are free.

How long does it take to make a withdrawal?

Most methods are instant, except bank wire transfers which can take 2 – 5 business days to process.

Are my deposits safe with Amana Capital?

Yes. Amana Capital maintains segregated client money accounts with Tier 1 Banks to ensure that client funds are kept in separate bank accounts.

Amana’s FCA and CySEC clients are protected by the Financial Services Compensation Scheme (FSCS) in the UK and the ICF in Cyprus, respectively.

Amana’s clients with accounts under LFSA and FSC licenses will benefit from $1,000,000 (R13959020.00 USD/ZAR at the time of writing) client funds protection insurance.