Currencies

Currency Trading, Forex Trading or ‘Spot Currency’ is what happens in the Forex Market (Foreign Exchange) daily. The Forex Market is the largest & most liquid market in the world. In Forex, currencies are traded in pairs. Thus, whenever a currency is bought, another is being sold.
Amana Capital offers you the option to trade either through variable or fixed spread as per the below table.

 

Instrument Spread Contract Size Per 1 Lot Standard Margin Requirement Per 1 Lot in USD Minimum fluctuation
(tick size)
Pip Value Per 1 Lot Limit & stop levels
(ticks)
EURUSD 2 EUR 100,000 1:100 0.0001 10 USD 0.0005
EURGBP 3 EUR 100,000 1:100 0.0001 10 x GBPUSD Rate 0.0005
GBPUSD 3 GBP 100,000 1:100 0.0001 10 USD 0.0005
AUDCAD 6 AUD 100,000 1:100 0.0001 10 / USDCAD Rate 0.0012
AUDCHF 7 AUD 100,000 1:100 0.0001 10 / USDCHF Rate 0.0015
AUDJPY 4 AUD 100,000 1:100 0.01 1000 / USDJPY Rate 0.1
AUDNZD 8 AUD 100,000 1:100 0.0001 10 x NZDUSD Rate 0.0015
AUDUSD 3 AUD 100,000 1:100 0.0001 10 USD 0.0005
CADCHF 7 CAD 100,000 1:100 0.0001 10 / USDCHF Rate 0.0014
CADJPY 5 CAD 100,000 1:100 0.01 1000 / USDJPY Rate 0.1
CHFJPY 4 CHF 100,000 1:100 0.01 1000 / USDJPY Rate 0.06
EURAUD 6 EUR 100,000 1:100 0.0001 10 x AUDUSD Rate 0.0015
EURCAD 6 EUR 100,000 1:100 0.0001 10 / USDCAD Rate 0.0015
EURCHF 3 EUR 100,000 1:100 0.0001 10 / USDCHF Rate 0.0005
EURJPY 3 EUR 100,000 1:100 0.01 1000 / USDJPY Rate 0.05
EURNZD 8 EUR 100,000 1:100 0.0001 10 x NZDUSD Rate 0.0015
GBPAUD 6 GBP 100,000 1:100 0.0001 10 x AUDUSD Rate 0.0012
GBPCAD 7 GBP 100,000 1:100 0.0001 10/ USDCAD Rate 0.0015
GBPCHF 5 GBP 100,000 1:100 0.0001 10 / USDCHF Rate 0.001
GBPJPY 5 GBP 100,000 1:100 0.01 1000 / USDJPY Rate 0.1
GBPNZD 10 GBP 100,000 1:100 0.0001 10 x NZDUSD Rate 0.0020
NZDCAD 7 NZD 100,000 1:100 0.0001 10 / USDCAD Rate 0.0014
NZDCHF 7 NZD 100,000 1:100 0.0001 10 / USDCHF Rate 0.0014
NZDUSD 4 NZD 100,000 1:100 0.0001 10 USD 0.0005
USDCAD 3 USD 100,000 1:100 0.0001 10 / USDCAD Rate 0.0005
USDCHF 3 USD 100,000 1:100 0.0001 10 / USDCHF Rate 0.0005
USDJPY 3 USD 100,000 1:100 0.01 1000 / USDJPY Rate 0.05
NZDJPY 6 NZD 100,000 1:100 0.01 1000 / USDJPY Rate 0.0012

 

Instrument Spread Contract Size Per 1 Lot Standard Margin Requirement Per 1 Lot in USD Minimum fluctuation
(tick size)
Limit & stop levels
(ticks)
EURUSD 1.4 EUR 100,000 1:100 0.00001 0.0005
EURGBP 2.1 EUR 100,000 1:100 0.00001 0.0005
GBPUSD 1.9 GBP 100,000 1:100 0.00001 0.0005
AUDCAD 3.9 AUD 100,000 1:100 0.00001 0.0012
AUDCHF 3.8 AUD 100,000 1:100 0.00001 0.0015
AUDJPY 3.3 AUD 100,000 1:100 0.001 0.10
AUDNZD 5.5 AUD 100,000 1:100 0.00001 0.0015
AUDUSD 2.0 AUD 100,000 1:100 0.00001 0.0005
CADCHF 3.7 CAD 100,000 1:100 0.00001 0.0014
CADJPY 2.5 CAD 100,000 1:100 0.001 0.10
CHFJPY 5.0 CHF 100,000 1:100 0.001 0.06
EURAUD 4.6 EUR 100,000 1:100 0.00001 0.0015
EURCAD 3.9 EUR 100,000 1:100 0.00001 0.0015
EURCHF 3.5 EUR 100,000 1:100 0.00001 0.0005
EURJPY 1.9 EUR 100,000 1:100 0.001 0.05
EURNZD 5.6 EUR 100,000 1:100 0.00001 0.0015
GBPAUD 6.0 GBP 100,000 1:100 0.00001 0.0012
GBPCAD 6.0 GBP 100,000 1:100 0.00001 0.0015
GBPCHF 4.0 GBP 100,000 1:100 0.0001 0.0010
GBPJPY 2.9 GBP 100,000 1:100 0.001 0.10
GBPNZD 5.0 GBP 100,000 1:100 0.00001 0.0020
NZDCAD 3.4 NZD 100,000 1:100 0.00001 0.0014
NZDCHF 4.4 NZD 100,000 1:100 0.00001 0.0014
NZDUSD 2.5 NZD 100,000 1:100 0.00001 0.0005
USDCAD 2.2 USD 100,000 1:100 0.00001 0.0005
USDCHF 2.5 USD 100,000 1:100 0.00001 0.0005
USDJPY 2.0 USD 100,000 1:100 0.001 0.05
NZDJPY 5.3 NZD 100,000 1:100 0.001 0.12

All trading hours are GMT+2 winter time and GMT+3 summer time (Server time). Forex trading time: 24 hours per day, starting at Monday 00:00 and closing at Friday 24:00 (server time).

* Spreads applicable under normal trading conditions.
** For margin requirements and all symbols and leverage, refer to the Products Specifications of the designated entitiy.
*** Minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price.
Pending orders = Stop Loss (SL), Take Profit (TP), Limit Buy/Sell, Stop Buy/Sell, Trailing.

Leverage

Amana Capital uses a dynamic leverage model up to 1:500 on Forex products, which automatically reflects on client’s trading positions. As the volume of each trading instrument of a client increases, the maximum leverage offered decreases. To know more and get some examples, please download the example sheet available on this link.

Clients interested in benefiting from the dynamic leverage are requested to login to their account through the member’s area and request the leverage they desire. Note that terms and conditions apply when changing the Leverage.

Amana Capital reserves the right to change margin requirements at any point, including overnight, expected major news/events that could cause high volatility and/or during weekends and holidays and/or between close/re-open sessions. Amana will try to notify the client before applying any change on the margin requirements but does not guarantee it will always be able to do so.

Amana Capital reserves the right to hedge positions opened by the client by opening opposite positions at any point, including overnight, expected major news/events that could cause high volatility and/or during weekends and holidays and between close/re-open sessions. Amana will try to notify the client before hedging open positions but does not guarantee it will always be able to do so.

In case of losses, accounts are automatically liquidated and as a result, the loss might exceed the deposit so the client may be required to make further payments.

Browse Amana Capital's Trading Products

 

Start Trading Forex with Amana Capital

Opening your account with Amana Capital is simple and easy. Whether you are a beginner or a professional trader, we have the right solution for you. Open your demo account and learn the basics of trading, or open your real account to start trading in the real financial markets.

Risk Warning: CFDs are leveraged financial instruments that carry a high degree of risk and as a result, losses might exceed your invested capital so you may be required to make further payments.  Trading in CFDs may not be suitable for all investors. You should ensure before trading you fully understand the risks involved and consider your level of experience. If necessary you should seek independent advice. "Risk Disclosure Statement" for further details.