Amana Capital has just become the latest brokerage to join the social trading platform of ZuluTrade. The rising popularity of added value solutions for brokerage companies are prompting industry firms to diversify their offerings.
Amana Capital’s decision to open access to its clients to a social trading platform is in line with the company’s strategy to provide more unique products to its clients.
ZuluTrade was one of the pioneers in social auto-trading for forex and CFDs. The company was the first company to offer a mix of a trading community together with algorithmic performance ranking.
ZuluTrade’s Head of Institutional Sales, Roula Pelehrinis, stated: “By adding Amana Capital to the stellar group of our collaborating brokers, we offer our clients the choice of trading with a Broker of the utmost integrity.”
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Actionable Trading Signals
Amana’s clients will be able to receive actionable trading signals and translate those into real-time executable trades. The customers of the brokerage can apply an array of filters. ZuluTrade`s algorithmic ranking is also designed to help clients make a good choice on which strategies are worth following.
The social trading platform provides a list of customization settings for auto-trading to ensure maximum efficiency as well as risk management.
Amana Capital has been snowballing in recent years. To date, the FCA regulated brokerage has licensed subsidiaries in Dubai with the DFSA, Cyprus with the CySEC, Lebanon with the BDL and Malaysia with the LFSA.
Commenting on the broker’s move, the CEO of Amana Capital group, Mr. Ahmad Khatib, said:
“Recent changes to the retail trading industry are driving additional demand for trader-centric features. Social engagement and ideas sharing between clients are essential to a vibrant and active community. This is the main reason we picked ZuluTrade to deliver to our clients a brand new, engaging social trading experience.”