Here are all our fees!
ZERO...
No hidden fees
Deposit fees. Zip! We have none.
Deposit fees
$0
Withdrawel fees. Zero! We have none.
Withdrawal fees
$0
Inactivity fees? Zilch! Unlike many social neobrokers.
Inactivity fees
$0
Check our transparency statement if you want to know how we make our money.
Full transparency on fees per asset
US stocks
US stocks are shares of US-listed companies. When you trade or invest in US stocks, you hold the shares in a custody account, which is SIPC-insured. And, as a stockholder, you can earn dividends and voting rights.
NO
Leverage
NO
Overnight fees
NO
Clearing fees
US ETFs
In the US, exchange-traded funds—or “ETFs”—trade on exchanges and often mirror an index or group of assets. When you buy an ETF, you receive a collection of assets in a single product that trades like a stock. ETFs are SIPC-insured and can be a tax-friendly, affordable way to gain intraday liquidity and diversify.
NO
Leverage
NO
Overnight fees
NO
Clearing fees
Regional stocks
Regional stocks are the shares of publicly listed companies in the MENA region. When you trade regional stocks, amana will hold the actual shares of the company on your behalf, and you will receive any dividend payments the company may grant. We don’t charge commissions on regional stocks; however, our clearing fees are passed on to you at no additional cost.
NO
Leverage
NO
Overnight fees
YES
Clearing fees
Crypto
Crypto assets allow you to trade crypto without leverage and without needing to manage a wallet. When you buy a crypto asset with amana, we buy and store the physical coin for you in our own secure digital wallet.
*Due to FCA regulations, leveraged cryptocurrencies are not available to retail clients at Amana Financial Services UK.
NO
Leverage
NO
Overnight fees
NO
Clearing fees
Derivatives
Derivatives are financial contracts whose value is tied to the performance of another asset, group of assets, or benchmark.
Contracts of this type can be used to trade a wide variety of assets, each of which comes with its own risks.
Lastly, all amana derivatives are traded over-the-counter (OTC).
Forex derivatives
Forex trading, or foreign exchange trading, is the exchange of one currency for another. In a forex trade, the trader buys one currency and sells the other at an exchange rate that fluctuates throughout the day. Keep in mind that these products use leverage and may incur overnight fees for the leverage used!
YES
Leverage
YES
Overnight fees
NO
Clearing fees
US stock derivatives
US stock derivatives let you trade on the price of US-listed companies without directly owning their shares. Owners may earn dividends but can't vote. Instead of an exchange, US stock derivatives are traded OTC. These derivatives have leverage included, meaning they incur an overnight fee.
YES
Leverage
YES
Overnight fees
NO
Clearing fees
US ETF derivatives
US ETF derivatives let you trade on the current price of US-listed ETFs without directly owning the shares. They trade over-the-counter and offer leveraged exposure to indices and assets. Holders may earn dividends but can't vote. These derivatives have leverage included, meaning they incur an overnight fee.
YES
Leverage
YES
Overnight fees
NO
Clearing fees
Regional stock derivatives
Regional stock derivatives let you trade on the current price of MENA-listed firms without owning their shares directly. Holders may earn dividends but can't vote. These derivatives are traded OTC and have leverage included, meaning they incur an overnight fee.
YES
Leverage
YES
Overnight fees
YES
Clearing fees
International stock derivatives
International stock derivatives let you trade on the price of listed firms in Europe and the UK without owning the company's shares. Holders may earn dividends but can't vote. These derivatives are traded OTC and have leverage included, meaning they incur an overnight fee.
YES
Leverage
YES
Overnight fees
NO
Clearing fees
Futures-based derivatives
Futures derivatives allow trading on the current market price of various commodities, indices, oil and precious metals, including gold. They are traded just like their exchange-traded counterpart, except amana futures are traded OTC. They allow traders to speculate on the underlying future’s price and access a variety of other derivatives in a single account. The cost of the leverage provided, like all futures contracts, is included in the price of the futures contract.
YES
Leverage
NO
Overnight fees
NO
Clearing fees
Spot market derivatives
Spot market derivatives allow trading on the current market price of several indices, oil, silver, and gold. These derivatives are traded OTC and have leverage included, meaning they incur an overnight fee.
YES
Leverage
YES
Overnight fees
NO
Clearing fees
Crypto derivatives
Crypto derivatives let traders speculate on cryptocurrency prices without owning the coins. These derivatives have leverage included, meaning they incur an overnight fee. However, crypto derivatives don't require a digital wallet and have no gas fees.
YES
Leverage
YES
Overnight fees
NO
Clearing fees
