Aman Investment Group Review

About Aman Investment Group

Aman Investment Group’s website states that it offers forex, individual stocks, commodities, equity indices, precious metals, energies and cryptocurrencies through MT5 for desktop, web and mobile devices. The site lists Silver, Gold and Platinum accounts, with minimum deposits of $250, $5,000 and $20,000 respectively, leverage of up to 1:200, 1:400 and 1:800, and minimum order sizes of 0.01 lots.

The website advertises spreads from 0 pips and separately publishes fixed spreads for selected instruments: EUR/USD and USD/JPY from 3 pips on Silver, 2 pips on Gold and 1.5 pips on Platinum. Its trading-conditions pages state that positions held after 22:00 GMT are subject to rollover, with a three-day rollover applied on Wednesdays. An Islamic account is advertised as free from interest and rollover commissions. The website identifies the operator as GCC Holdings Ltd, company number 2024-00153, with an address in Saint Lucia, and states that it deals only with clients from Saudi Arabia.

The UK Financial Conduct Authority published a warning dated 17 January 2020 stating that Aman Investment Group/Aman Trades was an unauthorised firm providing or promoting financial services in the UK. The warning identifies www.aman-trades.com as the website and states that the firm was not authorised by the FCA, meaning clients would not have access to the Financial Ombudsman Service or FSCS protection for dealings with that unauthorised firm. The FCA warning does not provide a licence number or identify an authorised clone firm. The official website reviewed here uses aman-trade.com and identifies GCC Holdings Ltd, so the FCA warning and the website’s current corporate details should not be treated as identical without further verification.

Pros and cons

Pros

• Access to forex, stocks, commodities, indices, precious metals, energies and cryptocurrencies is stated on the official website.
• MT5 is offered for desktop, web and mobile devices, and expert-advisor trading is listed among the account features.
• Demo and Islamic account options are available through the website.
• Account tiers provide published minimum deposits and leverage limits.

Cons

• The FCA warning classifies Aman Investment Group/Aman Trades as unauthorised in the UK and names www.aman-trades.com.
• The website advertises leverage up to 1:800, which materially increases potential losses.
• The official pages present both variable spreads from 0 pips and fixed spreads for account tiers, so the applicable pricing model depends on the account and instrument.
• The website’s corporate details differ from the details in the FCA warning: it identifies GCC Holdings Ltd in Saint Lucia and uses aman-trade.com, while the FCA warning names Aman Investment Group/Aman Trades and www.aman-trades.com.