Amana is a Dubai-based investment app for residents of the Middle East and North Africa (MENA). You can trade MENA stocks, US stocks 24 hours a day, five days a week, and more than 375 cryptocurrencies, or invest passively with Amana Invest. New users who open an account with our Amana promo code IITW can get a USD 100 bonus. In this article we explain the conditions, how to claim the bonus and what to check before you sign up.
Disclosure: this article contains affiliate links. If you open an account through them, we may receive a commission at no extra cost to you.
Amana promo code at a glance
| Details | |
|---|---|
| Promo code | IITW |
| Bonus | USD 100 (about AED 367), non-withdrawable trading bonus |
| Minimum deposit | USD 100 |
| Trade required | At least one trade, any size, any asset |
| Holding period | Keep your deposit for 30 days from the first trade |
| Availability | MENA residents (exceptions apply) |
Terms checked in September 2026. Amana can change or end the offer at any time, so always check the terms in the app.
How to get the Amana USD 100 bonus
- Download the Amana app and register through our referral link or enter the code IITW when you open your account.
- Complete the identity verification.
- Deposit at least USD 100.
- Make at least one trade (any size, any asset).
- Keep your initial deposit in the account for at least 30 days from your first trade.
Once you meet the conditions, Amana credits the USD 100 bonus to your account. It is a trading bonus: you can use it to invest, but you cannot withdraw it as cash.
Amana referral terms. Source: Amana.
Why use our code instead of a regular referral?
With a standard Amana referral, the new user usually needs a higher first deposit to qualify. Thanks to our partnership with Amana, the minimum deposit with the code IITW is USD 100.
Where to find your own referral link
Once you are an Amana customer, you can invite friends and earn further rewards. Open the “Profile” section in the bottom right corner of the app and tap “Refer your friends to earn rewards” to find your personal link and code.
Referral section in the Amana app. Source: Amana.
What can you do with Amana?
MENA stocks: trade shares listed in the region with no commission on the first USD 100,000 invested or the first 50 trades.
US stocks and ETFs: trade US stocks 24 hours a day, five days a week.
Crypto: buy and sell more than 375 cryptocurrencies.
Amana Invest: passive investment plans that build a diversified portfolio for you.
Cashback: Amana pays cashback on trades under the terms shown in the app.
Amana also offers leveraged products such as forex and commodity CFDs, which carry a high risk of losing money quickly.
Fees to keep in mind
Beyond trading costs, Amana charges an inactivity fee of USD 10 per month under the conditions set in its fee schedule, and overnight financing applies to leveraged positions. Check the latest fee schedule in the app before you trade.
Is Amana regulated?
The Amana group holds licences in several jurisdictions, including from the Dubai Financial Services Authority (DFSA). However, the entity that holds your account depends on your country of residence, and not every Amana entity is supervised by the DFSA. Check in the account opening documents which entity you are contracting with and which regulator supervises it.
FAQs
What is the Amana promo code?
Our Amana promo code is IITW. Use it when you open your account to get a USD 100 bonus after depositing at least USD 100, making one trade and keeping the deposit for 30 days.
Can I withdraw the Amana bonus?
No. The USD 100 is a non-withdrawable trading bonus that you can use to invest.
Is the Amana promo code available in all countries?
No. It is available to residents of selected MENA countries, with exceptions such as Iran and Yemen.
Disclaimer: investing in shares carries risk. Trading leveraged derivatives and volatile digital assets is high risk and requires caution. This article is for information only and is not investment advice.
Franklin has three years of experience in Wealth Management as a Fund Research Analyst, has passed the CFA level II, and is the host of the "Edge Over Hedge" YouTube channel.
