Amana combines share investing with leveraged trading through one app and web interface. The useful starting distinction is between the account’s cash or margin mode, the Core/Plus/Max leverage tier, and the platform’s actual product list. These choices change buying power and access; they are not interchangeable account names.[1][15][16]
Account comparison01
Account and service routes at a glance
| Account / service | Contract and customer scope | Platform and principal condition |
|---|---|---|
| Cash | AFS Global Limited — Eligible international residents; retail clients | amana app. Eligible AFS Global app clients; switching from margin can require closing leveraged positions.Source 15Source 18Source 17Source 12Source 14Source 11 |
| Core | AFS Global Limited — Eligible international residents; retail clients | amana app. Published Core tier for eligible margin clients; instrument and position limits apply.Source 2Source 12Source 14Source 11 |
| Plus | AFS Global Limited — Eligible international residents; retail clients | amana app. Higher-leverage tier available through request and eligibility review; instrument limits apply.Source 2Source 12Source 14Source 11 |
| Max | AFS Global Limited — Eligible international residents; retail clients | amana app. Experienced active traders requesting the Max tier; this label does not establish regulatory professional-client status.Source 2Source 12Source 14Source 11 |
| MT4 Hedged | AFS Global Limited — Eligible international residents; retail clients | MetaTrader 4. The published MetaTrader offering; confirm standard versus raw pricing when the account is opened.Source 4Source 12Source 14Source 11 |
| MT5 Hedged | AFS Global Limited — Eligible international residents; retail clients | MetaTrader 5. Eligible MetaTrader clients; product availability follows residence and the account contract.Source 4Source 12Source 14Source 11 |
Amana identifies AFS Global Limited in Labuan as the default operator for new app accounts. The DFSA’s January 2023 clarification explicitly separated this app from Amana Financial Services (Dubai) Limited. A Dubai brand presence therefore does not make the profiled app account a DFSA account.[14][13]
Account modes and opening requirements
Sections ↑Account comparison02
Cash, margin and initial funding
| Item | Published position | What changes |
|---|---|---|
| Cash account | Uses available cash; no leverage | Unrealised gains and losses do not alter available cash until the position closes.Source 15 |
| Margin account | Leveraged and unleveraged products | Unrealised profit or loss affects available balance while positions remain open.Source 16 |
| Changing to cash | Request through support or live chat | Open leveraged positions may need closing before the change; leveraged products then become unavailable.Source 17 |
| App/web base currency | USD only | Supported non-USD deposits are converted; this is not a multicurrency cash account.Source 18 |
| Current app deposit minimum | USD 25 | The September 2026 help article supplies this amount; the regional funding page still displays USD 10.Source 19Source 6 |
| Practice account | No demo in the Amana app, according to its FAQ | Do not assume a MetaTrader demo is an app practice account.Source 20 |
Protections & eligibility03
Eligibility and verification
| Requirement | Published scope |
|---|---|
| Age and eligibility | At least 18, identity verification and compliance checks; US residents and persons liable for US taxes are excluded by the opening FAQ.Source 21 |
| Named restricted places | The current help list names Iran, North Korea, Syria, the US and Israel; residence also affects available products.Source 22 |
| Residence evidence | A document in the applicant’s name, with a full address, dated within six months.Source 23 |
| Additional MetaTrader accounts | Request in the web profile: MT4, MT5 Hedging or MT5 Netting. The first additional account opens automatically; a second request receives review.Source 24 |
Platforms and the products each one supports
Sections ↑Platforms & products04
Platform-specific access
| Platform | Products and features | Published exclusions |
|---|---|---|
| Amana app | Mobile access to investing and derivative products; common account with web | Product eligibility still follows residence and account mode.Source 1 |
| Amana web | Browser charts, multiple chart layouts and order entry from charts | Leverage choices remain subject to eligibility.Source 2 |
| MT4 Hedged | 100+ advertised assets; Expert Advisors; separate tickets | No US or MENA exchange-traded shares; no fractional trading.Source 4 |
| MT5 Hedged / Netting | 3,700+ advertised assets; EAs; MENA exchange-traded shares | No US exchange-traded shares; no fractional trading.Source 4 |
Hedging keeps individual positions, including opposing trades, separate. Netting combines trades in the same instrument into one position, so an opposite trade reduces or reverses the existing exposure. This distinction matters when moving a strategy or Expert Advisor between account variants.[25][26]
Platforms & products05
Ownership and exposure
| Product | Legal/economic form | Account detail |
|---|---|---|
| US physical shares | Securities held in the client’s name, according to the current FAQ | Exceptions apply to residents of certain US-restricted countries.Source 27 |
| Regional shares | Securities held by Amana on the client’s behalf | The securities appendix describes pooled holdings with a sub-custodian.Source 28Source 11 |
| Leveraged shares and ETFs | OTC derivatives | Price exposure with financing charges, rather than the physical-share route.Source 5 |
| Unleveraged crypto | OTC crypto exposure | Amana’s ownership FAQ describes crypto derivatives, without physical token ownership. Crypto funding is a separate service.Source 10Source 5Source 11 |
| Forex, metals and indices | Leveraged derivative products | Cash and futures-based variants have different financing and expiry characteristics.Source 5 |
Core, Plus and Max leverage
Sections ↑The three tiers were announced on 26 November 2025. Max is positioned for experienced active traders; higher leverage is requested through the app or support. The figures below are published product ceilings, not a promise that every applicant or position receives them.[3][29]
Account comparison06
Published leverage by product
| Product | Core | Plus | Max |
|---|---|---|---|
| Major FX | 25× | 100× | 200×Source 1 |
| Minor FX | 20× | 100× | 200×Source 1 |
| Exotic FX | 10× | 10× | 20×Source 1 |
| Gold | 20× | 100× | 200×Source 1 |
| Silver | 10× | 100× | 200×Source 1 |
| Index futures derivatives | 20× | 100× | 200×Source 1 |
| Energy futures derivatives | 10× | Up to 50× | Up to 100×Source 1 |
| Commodity futures derivatives | 10× | 25× | Up to 50×Source 1 |
| Spot index derivatives | 20× | 50× | Up to 200×Source 1 |
| Spot energy derivatives | 10× | Up to 50× | Up to 100×Source 1 |
| Crypto derivatives | 2× | Up to 8× | Up to 25×Source 1 |
| US share/ETF derivatives | 2× | 5× | 10×Source 1 |
| Regional/international share derivatives | 2× | 2× | 2×Source 1 |
| Unleveraged stocks, ETFs and crypto | 1× | 1× | 1×Source 1 |
Protections & eligibility07
Margin monitoring and liquidation
| Rule | Current help-centre explanation |
|---|---|
| Health Level | Account value ÷ invested amount × 100; it moves with the account’s unrealised profit or loss.Source 30 |
| Leveraged positions | Automatic liquidation may begin at Health Level of 20% or lower.Source 31 |
| Unleveraged positions | The current help page separately gives a 0.1% liquidation level.Source 31 |
| Closure order | The system starts with the position showing the largest loss and may close more if the required level is not restored.Source 32 |
| Negative balances | The September 2026 FAQ expressly says negative-balance protection is not guaranteed; price gaps can produce losses beyond the available funds.Source 33 |
Trading charges: commission, spread and overnight financing
Sections ↑Pricing & charges08
Product-level charges
| Product group | Execution fee in published pricing matrix | Overnight fee |
|---|---|---|
| US exchange-traded shares and ETFs | No | NoSource 5 |
| US share/ETF derivatives; FX and international-share derivatives | No | YesSource 5 |
| Unleveraged OTC crypto | No | NoSource 5 |
| Leveraged crypto; spot-market derivatives | No | YesSource 5 |
| Futures-based derivatives | No | No separate overnight charge in the matrixSource 5 |
| EU exchange-traded shares | Yes; check the instrument schedule | NoSource 5 |
| Regional shares / regional share derivatives | Exchange/clearing charges can apply; thresholds below | No for unleveraged shares; yes for derivativesSource 5 |
Pricing & charges09
MENA exchange and clearing-fee thresholds
| Provision | Published condition |
|---|---|
| Initial fee coverage | The help centre describes coverage for the first USD 100,000 invested, 50 DFM-listed-company trades or five Boursa Kuwait-listed-company trades.Source 34 |
| After the applicable threshold | Broker commission remains zero; the exchange and clearer’s charges are passed through.Source 35 |
| Minimum execution charges | Some markets can have a minimum, displayed before order confirmation.Source 36 |
Pricing & charges10
Ongoing and currency-related costs
| Charge | Published basis |
|---|---|
| Spread | The current spread is shown in the instrument details. No independently measured average spread is claimed here.Source 37 |
| Overnight financing | Depends on product, leveraged position size, rate and nights held; the applicable figure is shown before trading.Source 38 |
| Buy versus sell | Rates can differ between directions; check both sides in product information.Source 39 |
| Multiple-day financing | The help centre gives XAUUSD Wednesday-to-Thursday as an example that may attract three times the daily charge.Source 40 |
| Inactive or open accounts | Current help articles state no inactivity fee and no account-maintenance fee.Source 41Source 42 |
| Trading in another currency | Trade values and profit/loss convert into USD at the applicable rate shown in the app.Source 43 |
| AED conversion | Amana’s September 2026 help article quotes AED3.67 per USD; bank/provider conversion charges can still apply.Source 44Source 45 |
Deposits, withdrawals and payment limits
Sections ↑Account comparison11
Current app payment reference
| Item | Published terms | Scope |
|---|---|---|
| Deposit methods | Cards, bank transfers, Apple Pay, Google Pay, UAE bank transfer, Whish Money and GatetoPay | Availability depends on the account’s country and displayed funding options.Source 46 |
| Withdrawal methods | Bank, cards, Neteller, Skrill and other available payment options | The current minimum is USD 25.Source 47Source 48 |
| Broker payment charges | No Amana deposit or withdrawal charge in the current help article | Banks, payment providers and currency conversion may reduce the amount received.Source 49 |
| Same-source rule | Withdrawals normally return to the funding source | A change of bank or card can require supporting documents and review.Source 50Source 51 |
| Open positions | Only the available withdrawable amount can be requested | Funds supporting positions and pending transactions may reduce it.Source 52 |
Trading & service hours12
Processing times: broker versus receiving institution
| Stage / method | Published indication |
|---|---|
| Amana processing | Usually up to 24 hours.Source 53 |
| Card receipt | Usually three to five business days after the payment process.Source 53 |
| Bank transfer receipt | Typically one to three business days, depending on the bank.Source 53 |
| E-wallet receipt | Often within 24 hours where supported.Source 53 |
| Older regional schedule | Still lists Neteller withdrawals at 2%, capped at USD 30, and Skrill at 1%; its Cyprus contact details make it unsuitable as a universal app tariff.Source 6 |
Trading hours and order handling
Sections ↑Trading & service hours13
Operational details
| Feature | Published position |
|---|---|
| 24/5 US trading | The extended-hours programme covers selected leveraged US stocks and ETFs, with examples including Apple, AMD and Amazon. It is not a blanket extension for physical shares.Source 8 |
| Instrument session | The current product details show the instrument’s session; use that schedule for holidays and market-specific hours.Source 54 |
| Stop losses | Long/Buy positions trigger on Bid; short/Sell positions trigger on Ask. Gaps and slippage can change the execution price.Source 55Source 56 |
| Pending orders | The help centre covers buy/sell limit and buy/sell stop instructions; availability follows the product.Source 57 |
| US day-trading policy | Amana’s current FAQ says its former PDT restrictions and USD 25,000 maintenance requirement no longer apply to these accounts.Source 58 |
Investment plans, cash interest and screening tools
Sections ↑Platforms & products14
Additional investing features
| Service | What is offered | Conditions |
|---|---|---|
| amanainvest | Ready-made or custom plans with up to 20 stocks, ETFs or crypto exposures | Current plans do not use leverage.Source 59Source 60 |
| Plan funding and access | Card funding is attempted shortly before all relevant exchanges open | The plan FAQ states no plan fee or lock-up; underlying product costs still need checking.Source 61Source 62 |
| Sharia screening | A blue crescent identifies screened assets; Zoya applies AAOIFI methodology | This is asset screening, not a statement that every leveraged account is swap-free.Source 63Source 64 |
| Screening updates | Company reports follow the issuer’s reporting cycle | US-company reports are refreshed at least quarterly; the wider dataset is refreshed daily.Source 65 |
Pricing & charges15
Interest on available USD cash
| Term | Published condition |
|---|---|
| Eligible clients | AFS Global’s terms restrict the programme to direct, individual retail clients who were not referred by a third party.Source 7 |
| Accrual and payment | Daily calculation using a 360-day year; paid monthly. MT4/5 credit is deducted from free margin before interest is calculated.Source 7 |
| Rate inconsistency | The interest landing page states 3.25% annually; August 2026 help examples and a separate rate FAQ use 2.75%. No single current payable rate is asserted here.Source 7Source 66Source 67 |
| Availability of cash | No lock-in in the published terms; amounts used for trades or withdrawn stop qualifying.Source 7 |
| Rate changes and opt-out | The company can change the rate; clients may ask support to stop interest payments.Source 7 |
Client money, execution model and support
Sections ↑Protections & eligibility16
Account protections and service routes
| Topic | Established position |
|---|---|
| Client cash | Amana says client money is held separately from operating funds.Source 68 |
| US share custody | The securities appendix uses a separate client-broker agreement for US-share execution and custody; regional shares follow an omnibus sub-custody route.Source 11 |
| Derivatives execution | The transparency statement describes Amana as the counterparty to derivative trades and explains how net client exposure is hedged.Source 9 |
| Customer service | Published support is 24/7 in English and Arabic.Source 10 |
| Formal complaints | Email [email protected], identify the complaint, account and relevant transactions, and state the requested resolution.Source 69 |
The account modes, current help-centre policies and instrument-specific order preview are the strongest guides to using this offering. Two published figures still need account-level confirmation: the cash-interest rate and any exchange or payment-provider charge after an advertised allowance. The profile does not treat the older regional funding page as the default Labuan app schedule.[7][6][35]
Company background & evidence
Sections ↑- Headquarters
- Brand founded in Dubai; the profiled account operator, AFS Global Limited, is in Labuan, Malaysia.
- Founded
- 2010, as implied by Amana’s November 2025 fifteenth-year description
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
AFS Global Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Labuan Financial Services AuthorityMB/18/0025 | Authorised | Checked 9 Oct 2026The live authority directory returns AFS Global Limited in Money Brokers. The licence number is disclosed by Amana; the directory entry does not display the number.Source 12Source 14 |
| Labuan Financial Services AuthorityFML/21/0060A | Authorised | Checked 9 Oct 2026The live authority directory separately returns AFS Global Limited in Fund Managers. The agreement supplies this fund-management reference; the directory does not reproduce it.Source 12Source 11 |
Sources & further reading
- Amana app: Core, Plus and Max product matrix Amana · Accessed 9 Oct 2026
- Amana web: platform tools and leverage matrix Amana · Accessed 9 Oct 2026
- New Core, Plus and Max framework — 26 November 2025 Amana · Accessed 9 Oct 2026
- MetaTrader 4 and 5: account variants, assets and pricing Amana · Accessed 9 Oct 2026
- Product charges and execution-fee categories Amana · Accessed 29 Oct 2026
- Regional funding schedule: wires and e-wallets Amana · Accessed 9 Oct 2026
- Interest on free cash: published rate and AFS Global terms Amana · Accessed 9 Oct 2026
- 24/5 trading: selected US stock and ETF derivatives Amana · Accessed 9 Oct 2026
- Transparency statement: trading model and revenue Amana · Accessed 9 Oct 2026
- Amana contact page and product-ownership FAQ Amana · Accessed 9 Oct 2026
- AFS Global client agreement, November 2024 version, including securities appendix Amana · Accessed 9 Oct 2026
- Labuan FSA directory: AFS Global Limited in Money Brokers and Fund Managers Labuan Financial Services Authority · Accessed 9 Oct 2026
- 20 January 2023 clarification of the Amana app’s regulatory scope Dubai Financial Services Authority · Accessed 9 Oct 2026
- Under which regulatory authorities is amana licensed? Amana Help Center · Accessed 9 Oct 2026
- What is a cash account? Amana Help Center · Accessed 9 Oct 2026
- What is a margin account? Amana Help Center · Accessed 9 Oct 2026
- How can I change my account type between margin and cash, and what are the implications? Amana Help Center · Accessed 9 Oct 2026
- Can I have accounts in different currencies? Amana Help Center · Accessed 9 Oct 2026
- Is there a minimum deposit amount? Amana Help Center · Accessed 9 Oct 2026
- Do you offer demo accounts on amana app? Amana Help Center · Accessed 9 Oct 2026
- Who can open an amana account? Amana Help Center · Accessed 9 Oct 2026
- Which countries are supported? Amana Help Center · Accessed 9 Oct 2026
- How recent must my Proof of Residence be? Amana Help Center · Accessed 9 Oct 2026
- How do I request an additional MT5 account? Amana Help Center · Accessed 9 Oct 2026
- What is a hedging account? Amana Help Center · Accessed 9 Oct 2026
- What is a netting account? Amana Help Center · Accessed 9 Oct 2026
- Do I own the US Physical stocks I buy on amana app? Amana Help Center · Accessed 9 Oct 2026
- Do I own regional shares I buy on amana app? Amana Help Center · Accessed 9 Oct 2026
- How to increase leverage on amana app? Amana Help Center · Accessed 9 Oct 2026
- How is Health Level calculated? Amana Help Center · Accessed 9 Oct 2026
- When will my positions be automatically closed? Amana Help Center · Accessed 9 Oct 2026
- Which position will be closed first during liquidation? Amana Help Center · Accessed 9 Oct 2026
- Can my account balance become negative? Amana Help Center · Accessed 9 Oct 2026
- What does ZERO COST mean on MENA Shares? Amana Help Center · Accessed 9 Oct 2026
- What happens after you cross the $100K threshold, exceed 50 trades on DFM-listed companies, or exceed 5 trades on Boursa Kuwait-listed companies in MENA? Amana Help Center · Accessed 9 Oct 2026
- Are there minimum fees? Amana Help Center · Accessed 9 Oct 2026
- What spreads does amana offer? Amana Help Center · Accessed 9 Oct 2026
- How are overnight fees calculated? Amana Help Center · Accessed 9 Oct 2026
- Are overnight charges different for Buy and Sell positions? Amana Help Center · Accessed 9 Oct 2026
- Why can overnight charges be multiplied on certain days? Amana Help Center · Accessed 9 Oct 2026
- Does amana charge inactivity fees? Amana Help Center · Accessed 9 Oct 2026
- Does amana charge account-maintenance fees? Amana Help Center · Accessed 9 Oct 2026
- What happens if I trade an instrument in a different currency from my account? Amana Help Center · Accessed 9 Oct 2026
- What is the USD to AED conversion rate on the amana app? Amana Help Center · Accessed 9 Oct 2026
- When does currency conversion happen? Amana Help Center · Accessed 9 Oct 2026
- What are the Deposit methods? Amana Help Center · Accessed 9 Oct 2026
- What are the Withdrawal methods? Amana Help Center · Accessed 9 Oct 2026
- Is there a minimum withdrawal amount? Amana Help Center · Accessed 9 Oct 2026
- What are the fees on deposits and withdrawals? Amana Help Center · Accessed 9 Oct 2026
- Why do I have to withdraw to the same payment method I used to deposit? Amana Help Center · Accessed 9 Oct 2026
- What happens if my original card or bank account has been closed? Amana Help Center · Accessed 9 Oct 2026
- Why can't I withdraw my full balance? Amana Help Center · Accessed 9 Oct 2026
- How long does it take to process my withdrawal? Amana Help Center · Accessed 9 Oct 2026
- How do I check the trading hours for each product? Amana Help Center · Accessed 9 Oct 2026
- Which price triggers my Stop Loss? Amana Help Center · Accessed 9 Oct 2026
- Why wasn't my Stop Loss executed at the exact price I selected? Amana Help Center · Accessed 9 Oct 2026
- What are the pending order types? Amana Help Center · Accessed 9 Oct 2026
- Are there any day trading restrictions on US Stocks? Amana Help Center · Accessed 9 Oct 2026
- What is amanainvest? Amana Help Center · Accessed 9 Oct 2026
- Is leverage available in plans? Amana Help Center · Accessed 9 Oct 2026
- How is my plan funded? Amana Help Center · Accessed 9 Oct 2026
- Does amana charge any fees or have lockup periods? Amana Help Center · Accessed 9 Oct 2026
- How can I identify Sharia-compliant products? Amana Help Center · Accessed 9 Oct 2026
- How do you determine shariah compliance? Amana Help Center · Accessed 9 Oct 2026
- How often are the shariah compliance reports updated? Amana Help Center · Accessed 9 Oct 2026
- How is the daily interest on my account calculated? Amana Help Center · Accessed 9 Oct 2026
- How guaranteed are the returns from 2.75% on amana? Amana Help Center · Accessed 9 Oct 2026
- How are my funds protected? Amana Help Center · Accessed 9 Oct 2026
- How can I submit a formal complaint? Amana Help Center · Accessed 9 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.