Below is a comprehensive analysis of Amana Capital Ltd. based on the requested criteria, including online complaints, risk assessment, website security, WHOIS lookup, IP and hosting analysis, social media presence, red flags, regulatory status, user precautions, potential brand confusion, and website content analysis. The analysis draws on available information, including web results provided, and critically evaluates the data to offer an objective perspective.

1. Online Complaint Information ¶

• Sources of Complaints: Limited specific user complaints are publicly documented in the provided references. However, platforms like WikiFX mention user reviews and complaints but do not provide detailed examples. General online scam advisories, such as Scamadviser, flag afsg.trade as potentially risky due to automated risk indicators, though no concrete user complaints are cited.
• Nature of Complaints: WikiFX notes that Amana Capital has “suspicious clone licenses” under some regulators (CMA, DFSA, LFSA), which could lead to user distrust or complaints about regulatory legitimacy. No widespread reports of withdrawal issues, account freezes, or fraudulent activities are explicitly mentioned, but the lack of detailed user feedback makes it hard to assess the volume or severity of complaints.
• Critical Assessment: The absence of detailed complaints could indicate either a lack of significant issues or underreporting. The “suspicious clone licenses” flagged by WikiFX are concerning and warrant further investigation by users, as they suggest potential misrepresentation of regulatory status.

2. Risk Level Assessment ¶

• High-Risk Nature of Products: Amana Capital offers leveraged products like Forex and CFDs, which carry a high degree of risk, as explicitly stated in their Risk Disclosure Notice. These products can lead to significant losses due to volatility and leverage. The dynamic leverage model, which adjusts based on trading volume, adds complexity and risk, as clients may face unexpected margin calls.
• Regulatory Concerns: While Amana is regulated by reputable bodies like CySEC (Cyprus) and DFSA (Dubai), WikiFX flags suspicious clone licenses under CMA, DFSA, and LFSA, suggesting potential regulatory misrepresentation. The DFSA clarified that users of the “amana app” are clients of AFS Global Limited (regulated by LFSA, Malaysia), not the DFSA-regulated entity, which could confuse users about protections.
• Scamadviser Rating: Scamadviser assigns afsg.trade a low trust score based on automated indicators like SSL usage, hosting location, and domain privacy, though it does not confirm the site as a scam. This suggests moderate to high risk, particularly for users unfamiliar with Forex trading.
• Risk Level: Moderate to High. The combination of high-risk financial products, potential regulatory discrepancies, and automated scam warnings elevates the risk. Users with limited trading experience or those unable to verify regulatory status face higher risks.

3. Website Security Tools ¶

• SSL Certificate: Scamadviser confirms that afsg.trade uses an SSL certificate, which encrypts data between the user and the server, a standard security feature. However, SSL alone does not guarantee legitimacy, as many scam sites also use SSL.
• Cloudflare Hosting: The website is hosted by Cloudflare Inc., a reputable provider known for DDoS protection and performance optimization. This enhances security against certain cyber threats but does not address content or operational legitimacy.
• Potential Vulnerabilities: No specific vulnerabilities (e.g., outdated software, known exploits) are mentioned in the references. However, users should ensure the website uses up-to-date security protocols (e.g., TLS 1.3) and check for secure login mechanisms.
• Critical Assessment: The use of SSL and Cloudflare suggests basic security measures are in place, but these are industry standards and do not distinguish Amana from potentially fraudulent brokers. Users should verify the site’s authenticity beyond surface-level security.

4. WHOIS Lookup ¶

• Domain Information: The WHOIS data for afsg.trade is redacted for privacy, listing “REDACTED FOR PRIVACY” for registrant, organization, and contact details. The domain is registered through DomainsByProxy.com, a service that anonymizes WHOIS data.
• Registrar: DomainsByProxy.com is a legitimate registrar often used by businesses to protect privacy, but it can also be used by fraudulent entities to obscure ownership.
• Domain Age: The domain was first analyzed in October 2020, suggesting it has been active for several years, which Scamadviser views as a positive sign of legitimacy. However, domain age alone is not a definitive indicator, as scammers can purchase older domains.
• Critical Assessment: The redacted WHOIS data is a common practice but limits transparency. While the domain’s age is a minor positive, the lack of transparent ownership information raises caution, especially given the high-risk financial services offered.

5. IP and Hosting Analysis ¶

• Hosting Provider: The website is hosted by Cloudflare Inc., based in the United States. Cloudflare is a trusted provider, offering robust infrastructure, DDoS protection, and global content delivery.
• IP Location: The IP address is not explicitly provided in the references, but Cloudflare’s hosting typically uses a distributed network, masking the exact server location. This is standard for large-scale websites but can obscure accountability.
• Hosting Risks: No specific hosting-related risks (e.g., shared hosting with malicious sites) are noted. Cloudflare’s reputation reduces the likelihood of hosting-related security issues, but it does not address operational risks.
• Critical Assessment: The use of Cloudflare is a positive indicator of reliable hosting infrastructure. However, hosting quality does not mitigate concerns about the broker’s operations or regulatory status.

6. Social Media Presence ¶

• Presence: The references do not provide specific details about Amana Capital’s social media accounts (e.g., Twitter, LinkedIn, Facebook). The website (afsg.trade) and amana.app do not explicitly link to social media profiles in the provided excerpts.
• Engagement: Without social media data, it’s unclear how active Amana is on platforms or how it engages with users. A lack of visible social media presence could indicate limited transparency or marketing focus, though some brokers prioritize direct client communication over social media.
• Red Flags: The absence of verifiable social media accounts is a minor red flag, as legitimate brokers often maintain active, transparent profiles to build trust and engage with clients.
• Critical Assessment: The lack of social media information is a gap in assessing Amana’s public engagement. Users should search for official accounts and verify their authenticity to gauge the broker’s transparency and responsiveness.

7. Red Flags and Potential Risk Indicators ¶

• Suspicious Clone Licenses: WikiFX reports that Amana Capital’s licenses under CMA (Lebanon), DFSA (Dubai), and LFSA (Malaysia) are suspicious clones, meaning they may not be genuinely issued by these regulators. This is a significant red flag, as it suggests potential misrepresentation of regulatory status.
• DFSA Clarification: The DFSA clarified that users of the amana app are clients of AFS Global Limited (regulated by LFSA, Malaysia), not the DFSA-regulated Amana Financial Services (Dubai) Limited. This distinction could confuse users about regulatory protections.
• Scamadviser Warning: Scamadviser’s low trust score for afsg.trade, driven by automated indicators like domain privacy and low visitor traffic, suggests potential risks, though it does not confirm fraud.
• High-Risk Products: The emphasis on leveraged Forex and CFDs, with warnings of significant losses, is a standard but critical risk indicator. The dynamic leverage model and potential for margin calls increase financial exposure.
• Lack of Transparency: Redacted WHOIS data and limited social media presence reduce transparency, making it harder for users to verify the broker’s legitimacy.
• Critical Assessment: The suspicious clone licenses and DFSA clarification are the most concerning red flags, as they undermine trust in Amana’s regulatory status. Combined with automated scam warnings and high-risk products, these indicators suggest caution.

8. Website Content Analysis ¶

• Content Overview: The afsg.trade website promotes Amana Capital as a specialist in online trading, offering Forex, CFDs, cryptocurrencies, commodities, indices, and shares. It emphasizes flexible leverage, 24/5 support, advanced platforms (MT4/MT5), and educational content.
• Risk Warnings: The website includes clear risk disclosures, warning that Forex and CFDs carry a high degree of risk and may lead to significant losses. It advises users to understand the risks and seek independent advice.
• Professional Presentation: The site appears professionally designed, with sections on trading platforms, accounts, products, and regulatory licenses. It offers demo accounts and educational resources, which are standard for legitimate brokers.
• Regulatory Claims: Amana lists licenses from CySEC (Cyprus), LFSA (Malaysia), FSC (Mauritius), CMA (Lebanon), and DFSA (Dubai). However, the suspicious clone licenses flagged by WikiFX contradict these claims for some regulators.
• Transparency Statement: The amana.app site provides a transparency statement detailing pricing, risk management, and revenue generation (e.g., spreads, markups). This is a positive sign of openness, though it applies to the app rather than afsg.trade directly.
• Critical Assessment: The website content is professionally presented and includes necessary risk warnings, which aligns with legitimate brokers. However, the regulatory discrepancies and lack of clarity about which entity serves specific clients (e.g., AFS Global Limited vs. Amana Capital Ltd.) detract from trustworthiness.

9. Regulatory Status ¶

• Claimed Licenses:
• CySEC (Cyprus): Amana Capital Ltd. is authorized by CySEC (license number 155/11), a reputable regulator with strict oversight.
• LFSA (Malaysia): AFS Global Limited is licensed by LFSA (license number MB/18/0025), but WikiFX flags this as a suspicious clone.
• FSC (Mauritius): ACG International Limited is licensed by FSC (license number C118023192).
• CMA (Lebanon): Amana Capital SAL is licensed by CMA (license number 26), but WikiFX flags this as a suspicious clone.
• DFSA (Dubai): Amana Financial Services (Dubai) Limited is licensed by DFSA (license number F003269), but the DFSA clarifies that amana app users are not DFSA clients.
• FCA (UK): Amana Financial Services UK Limited is regulated by the FCA (FRN: 605070).
• Regulatory Concerns: The suspicious clone licenses under CMA, DFSA, and LFSA are significant issues, as they suggest Amana may misrepresent its regulatory status in some jurisdictions. The DFSA’s clarification about the amana app further complicates the regulatory picture, as users may assume stronger protections than they actually receive.
• Verification: Users can verify CySEC and FCA licenses through public registers (e.g., CySEC’s website, FCA’s Financial Services Register). However, the LFSA, CMA, and FSC licenses are harder to verify due to less transparent regulatory frameworks or clone license concerns.
• Critical Assessment: Amana’s CySEC and FCA licenses are strong indicators of legitimacy in those jurisdictions, but the suspicious clone licenses and DFSA clarification erode trust. Users must verify which entity they are dealing with and the applicable regulator.

10. User Precautions ¶

• Verify Regulatory Status: Check Amana’s licenses directly with CySEC, FCA, DFSA, or other regulators. Avoid relying solely on the broker’s claims, especially for LFSA, CMA, or FSC licenses.
• Understand Risks: Read the Risk Disclosure Statement and understand the high risks of leveraged Forex and CFDs. Only trade with funds you can afford to lose.
• Start with a Demo Account: Use Amana’s risk-free demo account to test the platform and trading conditions before committing real funds.
• Secure Transactions: Ensure payment methods (e.g., Visa, Mastercard, Skrill) offer dispute resolution or chargeback options in case of issues.
• Independent Advice: Seek advice from a financial advisor before trading, as Amana does not provide investment advice.
• Monitor Terms: Be aware of dynamic leverage, margin calls, and hedging policies, which can affect your positions without prior notice.
• Avoid Unsolicited Offers: Be cautious of unsolicited communications, as advised by the DFSA, which may indicate scams.
• Critical Assessment: These precautions are standard for high-risk brokers but critical given Amana’s regulatory uncertainties. Users must be proactive in verifying legitimacy and managing risks.

11. Potential Brand Confusion ¶

• Amana Capital vs. AFS Global: The DFSA clarification highlights confusion between Amana Financial Services (Dubai) Limited (DFSA-regulated) and AFS Global Limited (LFSA-regulated), which operates the amana app. Users may mistakenly believe they are dealing with a DFSA-regulated entity, which offers stronger protections.
• Amana Capital vs. AFSG Capital: AFSG Capital (www.afsgcapital.com) is a separate entity offering corporate finance services, not trading, and is unrelated to Amana Capital despite the similar name (AFSG vs. AFS). This could cause confusion for users searching for Amana’s services.
• Multiple Entities: Amana operates through multiple entities (e.g., Amana Capital Ltd., AFS Global Limited, Amana Financial Services UK Limited), each with different regulatory oversight. This complexity can confuse users about which entity they are engaging with.
• Critical Assessment: The potential for brand confusion is significant, particularly due to the DFSA clarification and multiple entities. Users must carefully verify the entity and regulator associated with their account to avoid misunderstanding protections.

12. Summary and Recommendations ¶

• Overall Assessment: Amana Capital Ltd. presents a mixed profile. Its CySEC and FCA licenses suggest legitimacy in certain jurisdictions, and the afsg.trade website is professionally designed with clear risk warnings. However, suspicious clone licenses (CMA, DFSA, LFSA), the DFSA’s clarification about the amana app, and Scamadviser’s low trust score raise significant concerns. The high-risk nature of its products, combined with dynamic leverage and limited transparency (e.g., redacted WHOIS, no clear social media presence), warrants caution.
• Risk Level: Moderate to high, particularly for inexperienced traders or those unable to verify regulatory status.
• Recommendations:
• Verify Licenses: Confirm Amana’s CySEC and FCA licenses directly and clarify which entity you are dealing with (e.g., Amana Capital Ltd. vs. AFS Global Limited).
• Use Demo Accounts: Test the platform with a demo account to assess reliability and conditions.
• Exercise Caution: Avoid large investments until regulatory status is confirmed, and be prepared for high financial risks.
• Seek Independent Advice: Consult a financial advisor to evaluate whether Amana’s products suit your risk tolerance.
• Monitor Accounts: Regularly check account terms, leverage, and margin requirements, as these can change without notice.

Notes ¶

• Limitations: The analysis is based on provided web results and general knowledge up to April 22, 2025. Specific user complaints, social media activity, or recent regulatory updates may not be fully captured.
• Critical Perspective: While Amana’s CySEC and FCA licenses are positive, the suspicious clone licenses and lack of transparency in some areas suggest potential misrepresentation. Users should approach with skepticism and conduct thorough due diligence.
• Sources: Citations are included where specific information is drawn from web results (e.g.,). General knowledge of Forex brokers and scam indicators informs the broader analysis. If you need further details or specific checks (e.g., social media verification, deeper regulatory analysis), please let me know!