Amana Capital offers crypto trading via MT5 trading platform

May 16, 2018 1:25 pm


The Saudi Gazette announced that given the increased demand for cryptocurrencies, Amana Capital, a leading financial brokerage firm, announced Monday the long-anticipated launch of CFDs cryptocurrency trading on its MetaTrader 5 platform.

This launch conforms with Amana’s mission in offering traders a wide variety of financial instruments and establishing a fully-fledged trading experience.

In the first phase, Amana will offer its new and existing clients the option to trade Bitcoin, Ethereum, Litecoin, and Ripple; additional cryptocurrencies will be added in the future.

Read: The story of money: From Aristotle up until crypto currency

The new products will be available via Amana’s MT5 trading platform with a flexible leverage, competitive swap rates, and 24/7 multi-lingual customer support.

Ahmad Khatib, CEO of Amana Capital, said: “Making cryptocurrencies available for CFDs traders across the world, falls in line with our strategic mission to further diversify our financial offerings and services, according to the latest financial innovations. Hence, we believe that entering the cryptocurrency market is a strategic move that propels our efforts on that end.”

Infographic: Plug in and feel the power of Crypto energy consumption

Amana Capital, a member of 180 Capital is a specialist in online trading providing institutional and retail clients around the world direct access to the global financial markets.

It manages Trade Captain, a recognized global financial news and research portal. Amana Capital services clients in over 80 countries. Subsidiaries are regulated by the FCA, DFSA, CySEC, and BDL.

Amana Capital Group comprises five main entities, namely Amana Financial Services-UK, Amana Financial Services (Dubai) Limited, Amana Capital SAL-Lebanon, Amana Capital (Cyprus) Limited and TradeCaptain.com.

Read: Saudi crypto journey gets timely boost from unlikely sources

Tags:

Hadi Khatib
By Hadi Khatib
Hadi Khatib is a business editor with more than 15 years' experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about it.



AMEinfo EXPERTS