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Lantern Review
104 brokers measured60 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Amana Capital — South Africa

Key facts (8)

Who actually onboards you
Amana Capital Ltd
Licence number
not stated
Established
2010group
Min deposit, USD
not stated
Platforms
MT4 · MT5 · amana web · mobile app
Local funding
Cards and international wire; no verified ZA-loc
Max leverage
100geo
EURUSD
1.4 pipsgroup

This broker against the South Africa middle (60 of 104)

Amana CapitalSouth Africa median
Round turn, USD7.0 USD7.0 USD
Min deposit, USDno data50.0 USD
Max leverage100geo500.0geo
Withdrawal, h1-2 business days hgroup24.0 h
EURUSD, standard1.4 pipsgroup1.0 pips
EURUSD, raw0.1 pipsgroup0.0 pips
Established2010group2009.5
Platforms43.0

Accepts residents of South Africa

No

Score (6/6 axes)

3.73 of 5
reviews6525%
cost9020%
safety020%
payouts6015%
track_record8010%
platforms6510%

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Amana Capital Ltd

Entity not established

South African clients served cross-border via CySEC entity (Amana Capital Ltd) / offshore; no South Africa-domiciled entity.

Cost per round turn, and the South Africa middle (60 of 104)

Round turn, USD
7.0 USD
Median
7.0 USD

raw+commission

The numbers across South Africa

Round-turn cost, USD (60 of 104)

Median 7.0 · Range 1.5–20.0 USD

Minimum deposit, USD (36 of 104)

Median 50.0 · Range 0.0–1000.0 USD

What each account gives you

Classic (min USD 50), Active (USD 25,000+), Elite (USD 250,000+).

What the broker publishes about payouts

Withdrawal, h
1-2 business days hgroup

Reviews

Reviews
4.3/5 on BestCompany.comgroup

The broker has a user rating of 4.3 out of 5 on BestCompany.com

Trading software and asset classes (4)

MT4 · MT5 · amana web · mobile app

FX, metals, energies, indices, commodities, stocks, crypto CFDs.

Trading profits and South Africa tax

SARS taxes residents on worldwide income. Frequent/active forex trading is generally taxed as income at the individual's marginal rate (progressive 18%-45%), not as capital gains. Active traders typically register for provisional tax (IRP6 due end-Aug and end-Feb, plus a third top-up if owing) and file the annual ITR12; trading-related expenses are deductible. Rates/brackets change annually - pres

Where it wins, where it loses

Pros (1)

  • Swap-free account available

Cons (4)

  • Round turn 7.0 USD against a South Africa median of 7.0
  • No local licence: the client is onboarded by a foreign entity
  • Carries a regulator warning; excluded from beginner and most-established lists
  • Minimum deposit for this country not published

The rest of the shortlist in South Africa (6)

Where it does not serve

United States

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (4)

Checked: 2026-07-09

FAQ (5)

Does Amana Capital accept residents of South Africa?

No.

Which entity onboards a South Africa client of Amana Capital?

Amana Capital Ltd

What licence does Amana Capital hold for South Africa?

No licence number is published for this country.

What does one EURUSD lot cost at Amana Capital?

7.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.

How long does a withdrawal from Amana Capital take?

1-2 business days hours as published. Amana processes transactions quickly, usually within 1-2 business days.