Commodities trading involves the trading of primary products like wheat, corn and coffee (soft commodities) as well as gold, silver and oil (hard commodities). Below is a list of Commodities you can trade with Amana FS:
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 documents.
*** 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.
Amana FS 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 members area and request the leverage they desire. Note that terms and conditions apply when changing the Leverage.
Amana FS 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 FS 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.