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At least one of the regulation, business model or risk control dimensions has serious gaps. Read the full report and weigh the risks yourself.

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Amana Capital Review · 2026

Licensed · CySEC Broker

Review · 2026 Dubai, United Arab Emirates · Founded 2010 · Operating as Amana Capital Ltd

License verified 26 Oct 2026 Next re-scan Jan 2027 16+ years in operation Min. deposit $0 · Leverage 1:100

Key facts

Checked against CySEC register
Regulation
CySEC, DFSA, FSC
Headquarters
Dubai
Business model
Market Maker
Registration
United Arab Emirates
Min. deposit
$0
Max leverage
1:100
Spread from
—
Founded
2010
Legal entity
Amana Capital Ltd
Website
amana.app
Support email
support@amana.app
Phone
+971 4 276 9525
Influence index
D · United Arab Emirates

Active licenses

Checked on the regulator's public register, not the broker's website.

6 active
  • CySEC CY
    Active
    Entity
    Amana Capital Ltd
    License ID
    155/11
    Type
    Investment Firm
    Checked
    26 Oct 2026
    Tier
    Tier 2 Strong framework, partial protection
    Register entry →
  • DFSA AE
    Active
    Entity
    Amana Financial Services (Dubai) Limited
    License ID
    F003269
    Type
    Investment Firm
    Checked
    26 Oct 2026
    Tier
    Tier 2 Strong framework, partial protection
    Register entry →
  • FSC MU
    Active
    Entity
    ACG International Limited
    License ID
    C118023192
    Type
    Investment Dealer
    Checked
    26 Oct 2026
    Tier
    Tier 2 Strong framework, partial protection
  • SCA AE
    Active
    Entity
    Amana Mena Promotional Services L.L.C.
    License ID
    20200000255
    Type
    Promotion and Introduction
    Checked
    26 Oct 2026
    Tier
    Tier 3 Rules on paper, no compensation scheme
  • LFSA MY
    Active
    Entity
    AFS Global Ltd
    License ID
    MB/18/0025
    Type
    Money Broker
    Checked
    26 Oct 2026
    Tier
    Tier 3 Rules on paper, no compensation scheme
  • CMA LB
    Active
    Entity
    Amana Capital S.A.L.
    License ID
    26
    Type
    Financial Brokerage Institution
    Checked
    26 Oct 2026

Score breakdown

Six dimensions, weighted per the published rubric.

Methodology →
Regulation 2.5/10
Weight 25%
License 3.0/10
Weight 20%
Risk Control 6.5/10
Weight 20%
Business 3.5/10
Weight 15%
Software 5.5/10
Weight 10%
Influence 0.0/10
Weight 10%

Strengths

6
  • CySEC and DFSA licenses verified in public registers
  • 70+ forex pairs with leverage up to 1:100
  • MT4, MT5 and proprietary app with TradingView charting
  • No minimum deposit on the main amana app
  • Client money is segregated under AFS Global terms
  • Cyprus entity provides access to an Investor Compensation Fund

Weaknesses

5
  • No guaranteed negative balance protection
  • Four group licenses were not independently verified in public registers
  • Default app accounts open under the Labuan entity
  • Google Play rating was 3.9/5 at the September 2026 scan
  • Exact live spread floor was not disclosed on current public pages

Fees & trading

Min. deposit $0 · Leverage 1:100

Trading platforms

  • amana app
  • MT4
  • MT5
  • TradingView

Account types

  • Netting
  • Hedging
  • Margin
  • Cash

Deposit methods

  • Bank Transfer
  • Visa/Mastercard
  • Skrill
  • Neteller
  • Crypto
Full review 7 min read Updated 26 Oct 2026

Amana Capital review 2026: Dubai-based multi-asset broker with 70+ forex pairs and MT4/MT5

Amana Capital is a Dubai-based market-maker and multi-asset broker founded in 2010. Licensed by CySEC and DFSA under multiple licenses, it trades through the amana app, MT4, and MT5 with netting, hedging, margin, and cash accounts. Serves retail and professional clients across 70+ forex pairs and thousands of stocks, ETFs, cryptocurrencies, commodities, metals, and indices.

What is Amana Capital?

Amana Capital is a Dubai-based multi-asset brokerage group founded in 2010. The group combines a market maker model with several regulated legal entities across different jurisdictions. Its public-facing business now centers on the amana app, while MetaTrader remains available for clients who use those account routes.

The group structure matters because the legal entity behind an account determines its regulatory protections. The headquarters is in Dubai, United Arab Emirates, and Amana Capital Ltd is listed as the core company name. The broker also discloses separate entities in Cyprus, Dubai, Labuan, Mauritius, Lebanon, and the wider UAE.

Which regulators license Amana Capital?

Two licenses were independently verified in public regulator records during the review scan. CySEC (Cyprus Securities and Exchange Commission) lists Amana Capital Ltd under license 155/11. The CySEC public register identifies the company as a Cyprus Investment Firm.

DFSA (Dubai Financial Services Authority) lists Amana Financial Services (Dubai) Limited under reference F003269. The DFSA public register confirms the named Dubai entity. The broker also discloses SCA license 20200000255, LFSA license MB/18/0025, Mauritius FSC license C118023192, and Lebanon CMA license 26. Those four claims were not independently matched to public regulator records in FXSharp's check.

Cyprus clients receive a framework that includes the Investor Compensation Fund for eligible claims under applicable rules. The regulatory position therefore depends on the entity named in the account agreement, not only on the Amana brand displayed in the app.

What trading platforms are available?

The platform set includes the amana app, MT4 (MetaTrader 4), MT5 (MetaTrader 5), and TradingView charting. The proprietary app combines investing and leveraged trading in one interface. MT4 and MT5 add the MetaTrader order system, technical indicators, and Expert Advisors, which are automated trading scripts.

Netting and Hedging account structures are available alongside Margin and Cash accounts. Netting combines trades in the same instrument into one position, while Hedging keeps opposing positions separate. MetaQuotes server verification was not completed, so the specific MetaTrader server remains unverified.

Red flags and warning signs

The main review concern is not the absence of regulation. It is the difference between verified licenses and group licenses that could not be matched independently during the scan. FXSharp's research verifies CySEC and DFSA, while four other disclosed licenses remain marked as unverified in public records.

  • The amana app opens accounts by default under the Labuan entity, according to the broker's regulatory disclosure.
  • FXSharp's review did not verify the LFSA, Mauritius FSC, Lebanon CMA, or UAE SCA records independently.
  • The broker does not provide guaranteed negative balance protection across every retail account.
  • The current public material does not establish a fixed minimum forex spread, the gap between bid and ask prices.
  • The Google Play rating recorded in FXSharp's September 2026 check was 3.9/5.

These points do not establish misconduct. They identify where account-level protections, platform experience, and pricing need to be checked against the exact entity and product.

What is the minimum deposit?

The main amana app minimum deposit is listed as $0. This is the account-entry figure used for the review and differs from payment-method minimums that can apply to individual funding rails. A funding method can therefore impose a transaction minimum even when the account itself has no opening-deposit requirement.

Payment options include bank transfer, Visa or Mastercard, Skrill, Neteller, and cryptocurrency. The available route can depend on the account entity and client location. Payment-provider conditions remain separate from the broker's stated account minimum.

Regulator warning-list check

FXSharp's research did not identify a current regulator warning against the two verified Amana entities reviewed here. CySEC license 155/11 and DFSA reference F003269 were both located in their respective public registers. No active revocation or suspension was recorded for those two verified entries in the review data.

A clean warning-list check does not convert an unverified license claim into a verified one. The SCA, LFSA, Mauritius FSC, and Lebanon CMA entries remain separate verification gaps. An unverified entry is also different from a warning, suspension, or revocation.

What do user complaints say?

User complaint data was not strong enough in FXSharp's research to support a specific complaint pattern or quantified aggregate. The review therefore does not attribute withdrawal, execution, support, or account-freeze allegations to customers without verified data. Isolated online comments are not treated as representative evidence.

The app rating provides a broader user signal but does not explain the reasons behind individual scores. FXSharp's check recorded a 3.9/5 Google Play rating. That figure belongs beside platform and usability evidence rather than being interpreted as proof of a specific service failure.

How to verify the broker yourself

License verification starts with the legal entity name shown in the account agreement. A brand name alone is not enough because the group uses several regulated companies. The process should be repeated whenever the account entity changes.

  1. Check whether the agreement names Amana Capital Ltd, Amana Financial Services (Dubai) Limited, AFS Global Ltd, or another group company.
  2. Search the relevant regulator's public register using that exact entity name and license number.
  3. For Cyprus, match Amana Capital Ltd to 155/11. For the DIFC, match the Dubai entity to F003269.
  4. Confirm that the regulator record is current and that the company name matches the account documents.
  5. If a disclosed license cannot be matched, treat it as unverified until the regulator record can be located directly.

How does customer support work?

Customer support is available through the broker's published contact channels. The listed contact details are support@amana.app and a UAE telephone number of +971 4 276 9525. The broker also provides support through its trading interface and help-center infrastructure.

Support availability is operational information, not a substitute for regulatory dispute resolution. A CySEC account and a Labuan account do not necessarily share the same external complaint route. The applicable escalation process follows the legal entity responsible for the account.

Where is the broker actually based?

The listed commercial headquarters is Dubai, but the group operates through several legal entities. The verified DFSA entity operates in Dubai, while the CySEC entity is registered in Cyprus. The broker states that default amana app accounts open under AFS Global Ltd in Labuan, Malaysia.

This structure makes jurisdiction more important than the office location shown in marketing material. A client can interact with a Dubai-centered brand while contracting with another group company. The applicable regulator, client-money rules, and complaint process follow that contracting entity.

Account types and bonus terms

Account structures include Netting, Hedging, margin, and Cash. A margin account uses borrowed exposure through leverage, while a Cash account limits trading to available funds. Netting combines positions in the same instrument, while Hedging keeps separate long and short positions.

Forex leverage is listed at up to 1:100. More than 70 forex pairs are available alongside stocks, exchange-traded funds, cryptocurrencies, commodities, metals, and indices. Temporary promotional campaigns are not treated as standard account conditions because their deposit and qualification rules can differ from normal onboarding.

FeatureAmana Capital Information
Founded2010
HeadquartersDubai, United Arab Emirates
Disclosed regulatorsCySEC 155/11, DFSA F003269, SCA 20200000255, LFSA MB/18/0025, FSC C118023192, Lebanon CMA 26
Registration verifiedCySEC and DFSA verified; four other disclosed licenses not independently verified
Trading platformsamana app, MT4, MT5, TradingView
Minimum deposit$0
Maximum leverage1:100
Account typesNetting, Hedging, Margin, Cash
Islamic accountNot disclosed
Customer supportEmail, phone, platform support
Deposit methodsBank transfer, Visa/Mastercard, Skrill, Neteller, crypto

Amana Capital red flags at a glance

Amana Capital combines two independently verified licenses with a broader group structure that requires entity-level checking. CySEC 155/11 and DFSA F003269 provide clear public-register anchors. Four additional disclosed regulatory claims remained unverified in FXSharp's research, and default app onboarding points to the Labuan entity.

The platform range includes the amana app, MT4, MT5, and TradingView. Forex access covers more than 70 pairs with leverage up to 1:100, while the exact public spread floor was not established. The central distinction is between the group's broad product access and the protections attached to each contracting entity.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.

FXSharp Editorial Team

FXSharp is an independent site that reviews forex brokers and prop trading firms. Every license is checked on the regulator's own register, every score follows our published methodology, and no broker can pay for a higher rating.

Published 26 Oct 2026 · Last verified 26 Oct 2026 · Sources: CySEC register, DFSA register, FSC register, SCA register, amana.app

Frequently asked questions

Amana Capital is regulated through multiple group entities, but verification differs by jurisdiction. CySEC lists Amana Capital Ltd under license 155/11, and the DFSA lists Amana Financial Services (Dubai) Limited under F003269. Four other disclosed licenses remained unverified in FXSharp's September 22, 2026 check, so the contracting entity should be checked separately.
FXSharp does not classify Amana Capital as an unregulated broker. Public records were verified for CySEC license 155/11 and DFSA reference F003269. The review does not label the broker a scam. It distinguishes those verified registrations from SCA, LFSA, Mauritius FSC, and Lebanon CMA claims that were not independently confirmed in FXSharp's check.
Amana Capital did not have a verified regulator warning identified in the research used for this review. The CySEC and DFSA records were located and showed the named entities in their public registers. An unverified group license is not the same as a warning, revocation, or suspension, so those findings should be kept separate.
Amana Capital license verification starts with the legal entity named in the account agreement. Search CySEC for Amana Capital Ltd and license 155/11, or the DFSA register for Amana Financial Services (Dubai) Limited and F003269. If another group entity appears, search that regulator's public register for the exact company name and license number before relying on the claim.
Amana Capital is commercially headquartered in Dubai, United Arab Emirates, while its group uses legal entities in several jurisdictions. The verified DFSA entity operates in Dubai, and the CySEC entity is in Cyprus. The broker's disclosure states that default amana app accounts open under AFS Global Ltd in Labuan, Malaysia.

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Verified client reviews only. Complaints are forwarded to the broker.

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