Abstract:Noble Trading, founded in 2015 in the British Virgin Islands, offers a wide range of trading assets, including over 100 instruments spanning currency pairs, commodities, and indices. Its advantages include multiple payment methods, competitive spreads starting from 0.7 pips, and leverage up to 1:500. However, the brokerage faces drawbacks such as limited educational resources, higher minimum deposits for certain account types, fees on credit card deposits in USD, and operates without regulation, potentially affecting traders' confidence and trust in the platform.
Aspect | Information |
Company Name | Noble Trading |
Registered Country/Area | British Virgin Islands |
Founded year | 2015 |
Regulation | Unregulated |
Market Instruments | FX, Commodities, Indices |
Account Types | Basic, Standard, Professional |
Minimum Deposit | $100 |
Maximum Leverage | Up to 1:500 |
Spreads | From 0.7 pips |
Trading Platforms | MT4 |
Customer Support | Email at support@noble-trading.com, phone +44 718 404 9362 |
Deposit & Withdrawal | Bank Transfer, Credit Cards |
Noble Trading, founded in 2015 in the British Virgin Islands, offers a wide range of trading assets, including over 100 instruments spanning currency pairs, commodities, and indices. Its advantages include multiple payment methods, competitive spreads starting from 0.7 pips, and leverage up to 1:500.
However, the brokerage faces drawbacks such as limited educational resources, higher minimum deposits for certain account types, fees on credit card deposits in USD, and operates without regulation, potentially affecting traders' confidence and trust in the platform.
Noble Trading operates without regulatory oversight. This lack of supervision means there's no external body ensuring fair practices or protecting investors' interests. Without regulation, there's a risk of fraudulent activities, market manipulation, and inadequate investor protection. Customers may face challenges in resolving disputes or seeking compensation for losses.
Pros | Cons |
Wide range of trading assets (100+ instruments) | Limited educational resources |
Multiple payment methods (bank transfer, credit cards) | Higher minimum deposit for some account types ($5000 for Professional) |
No fees for bank transfer deposits | Credit card deposits in USD incur a 2% fee |
Competitive spread starting from 0.7pips | Unregulated |
Leverage up to 1:500 |
Pros:
Wide range of trading assets (100+ instruments): Noble Trading provides traders with access to a wide selection of over 100 trading instruments. This extensive range includes various currency pairs, commodities, and indices, offering ample opportunities for diversification and capitalizing on market movements.
Multiple payment methods (bank transfer, credit cards): Noble Trading offers flexibility in deposit methods, supporting both bank transfers and credit card payments.
No fees for bank transfer deposits: Noble Trading does not impose any fees for deposits made via bank transfer. This fee-free deposit option allows traders to fund their accounts without incurring additional charges, maximizing the amount available for trading purposes.
Competitive spread starting from 0.7 pips: Noble Trading offers competitive spreads starting as low as 0.7 pips on certain trading instruments. Tight spreads reduce trading costs for clients, enabling them to enter and exit positions more favorably.
Leverage up to 1:500: Noble Trading provides leverage of up to 1:500, allowing traders to amplify their trading positions relative to their invested capital.
Cons:
Limited educational resources: Noble Trading's educational resources may be limited compared to other brokers. While some basic educational materials may be available, such as articles or FAQs, more comprehensive resources such as tutorials, and market analysis may be lacking.
Higher minimum deposit for some account types ($5000 for Professional): Noble Trading requires a higher minimum deposit of $5000 for its Professional account, which may be prohibitive for some traders, especially those who are just starting or have smaller trading capital.
Credit card deposits in USD incur a 2% fee: While credit card deposits offer convenience and instant funding, Noble Trading imposes a 2% fee on credit card deposits made in USD.
Unregulated: Noble Trading operates without regulation from any financial authority. While this may offer some flexibility, it also raises risks about the lack of oversight and investor protection.
Noble Trading offers a wide range of trading assets, comprising over 100 instruments spanning FX, commodities, and indices.
EURUSD, GBPUSD, and USDJPY are among the prominent currency pairs available for trading, each displaying bid-ask spreads and daily changes in prices.
Precious metals such as XAUUSD (gold) and XAGUSD (silver) are also tradable, providing opportunities for investors interested in commodity markets.
Additionally, Noble Trading provides access to commodity futures like WTI crude oil, enabling traders to speculate on energy markets.
For those interested in index trading, the platform offers popular indices like US500, JAP225, GER30, and US30, representing various global markets.
Noble Trading offers three distinct account types.
The Basic account is designed with beginners in mind, providing fixed spreads and guaranteed stop loss to offer a level of stability and risk management. With a minimum deposit of $100 and leverage of up to 1:100, this account type suits those who are just starting out in the world of Forex trading and prefer a more straightforward approach with limited risk exposure.
For traders seeking a more advanced trading experience, the Standard account offers market execution along with leverage of up to 1:200. With spreads starting from 1.5 pips and a minimum deposit requirement of $500, this account type is suitable for individuals who have gained some experience in Forex trading and are looking for greater flexibility and access to automated trading tools to enhance their strategies.
The Professional account is suitable for seasoned traders who require a more personalized approach and access to advanced trading features. Offering market execution, leverage of up to 1:400, and spreads starting from 0.7 pips, this account type requires a minimum deposit of $5000. It is tailored for experienced traders or institutional investors who demand tighter spreads, higher leverage, and the support of a dedicated personal account manager to optimize their trading activities.
Account Type | Basic | Standard | Professional |
Description | For beginners with fixed spreads & guaranteed stop loss | For experienced traders with market execution | For big players needing a personalized approach |
Leverage | Up to 1:100 | Up to 1:200 | Up to 1:400 |
Spread | From 3 Pips | From 1.5 Pips | From 0.7 Pips |
Minimum Deposit | $100 | $500 | $5,000 |
Additional Features | Guaranteed Stop Loss | Access to automated trading | Personal account manager |
Contact Noble Trading: Reach out to Noble Trading via email at support@noble-trading.com or by phone at +44 832 93 22 to express your interest in opening a real trading account.
Access Client Office: Log in to the Noble Trading Client Office using your credentials. If you haven't registered yet, you may need to sign up for an account on their website.
Provide Personal Information: Complete the account opening process by providing necessary personal details such as your name, email address, and contact information.
Submit Identification Documents: Upload scanned copies of your identification documents, such as a government-issued ID or passport, to verify your identity and comply with regulatory requirements.
Agree to Terms and Conditions: Review and agree to Noble Trading's terms and conditions, including their risk disclosure statement and client agreement, to proceed with opening your account.
Verify Account Details: Once your account has been successfully verified and approved, you can fund your account and start trading. Ensure that all account details are accurate and up to date to avoid any potential issues in the future.
Noble Trading offers varying maximum leverage levels tailored to different account types.
In the Basic account, suitable for beginners, traders can access leverage up to 1:100.
For traders with more experience, the Standard account offers leverage of up to 1:200, allowing for greater capital efficiency while maintaining risk management protocols.
Professional traders utilizing the Professional account can access the highest leverage of up to 1:400, providing significant amplification of trading positions to capitalize on market opportunities, albeit with heightened risk.
Noble Trading offers varying spreads and commission structures across its different account types.
In the Basic account, tailored for beginners, traders encounter fixed spreads starting from 3 pips without any commissions. This straightforward fee structure suits novice traders who prioritize simplicity and transparency in their trading activities.
For more experienced traders, the Standard account presents market execution with spreads starting from 1.5 pips, though no explicit mention of commissions is provided. With a minimum deposit requirement of $500, this account type may appeal to traders seeking tighter spreads and greater trading flexibility.
Conversely, the Professional account, designed for seasoned traders and institutional investors, offers market execution with spreads starting from 0.7 pips and presumably no commissions. However, with a higher minimum deposit of $5000, this account type targets traders who demand ultra-low spreads and personalized support, willing to commit significant capital for enhanced trading conditions.
Noble Trading's trading platform, MT4, is positioned as a tool for traders seeking to enhance their trading edge.
It boasts a user-friendly interface and offers extensive customization options within a flexible trading environment. The platform's design emphasizes usability and accessibility, provides traders with the tools they need to optimize their trading performance.
With its rich features and customization capabilities, MT4 serves traders who value control and efficiency in their trading activities.
Noble Trading offers two primary payment methods for depositing funds into trading accounts: bank transfer and credit cards. Bank transfers are accepted in USD, EUR, and MMK currencies, with no fees charged by Noble Trading.
Credit card deposits are accepted in EUR and USD currencies. While EUR deposits are free of charge, USD deposits incur a fee of 2% of the deposited amount.
The minimum deposit requirement varies depending on the account type chosen by the client.
For the Basic account, tailored for beginners, the minimum deposit is $100. This entry-level requirement allows novice traders to start trading with a relatively small initial investment.
The Standard account, designed for more experienced traders, requires a minimum deposit of $500, offering greater trading flexibility and access to advanced features.
For professional traders seeking a personalized approach, the minimum deposit for the Professional account is $5,000, reflecting the higher level of service and trading conditions provided.
Noble Trading does not charge fees for bank transfer deposits. Credit card deposits in USD incur a fee of 2% of the deposited amount, providing transparency regarding the cost associated with this payment method.
Clients can easily request fund withdrawals through the client office. Withdrawals are processed promptly, with USD withdrawals typically processed on the same day if requested before 1 PM GMT. For withdrawals in other currencies, processing takes place within two working days, ensuring efficient access to funds for clients.
Noble Trading provides customer support through various channels. Clients can use the contact form on the website to ask questions or report issues.
They can also reach out via email at support@noble-trading.com. For immediate assistance, clients can call +44 718 404 9362.
Additionally, clients can visit the office located at UNITED CAPITAL GROUP LTD, Morgan & Morgan Building, Pasea Estate, Road Town, Tortola, British Virgin Islands, for in-person assistance if needed.
Noble Trading provides educational resources including an economic calendar, knowledge base, and FAQ section.
While these resources offer basic information, they may lack depth compared to educational materials provided by larger, more established brokers. Popular brokers often offer extensive educational resources such as market analysis.
In conclusion, Noble Trading offers a wide range of trading assets and competitive advantages, including multiple account types, competitive spreads, and leverage up to 1:500.
However, the brokerage faces limitations such as unregulated status, higher minimum deposits for certain accounts, and limited educational resources.
While the platform provides convenient deposit and withdrawal methods and responsive customer support, traders should carefully consider the lack of regulation and educational materials when evaluating their options.
Question: What trading assets are available on Noble Trading?
Answer: Noble Trading offers a wide range of assets including FX pairs, commodities, and indices.
Question: What is the minimum deposit required to open an account?
Answer: The minimum deposit varies based on the account type, starting at $100 for Basic, $500 for Standard, and $5000 for Professional.
Question: How can I deposit funds into my Noble Trading account?
Answer: You can deposit funds via bank transfer or credit card, with no fees for bank transfers but a 2% fee for credit card deposits in USD.
Question: What leverage is available for trading?
Answer: Noble Trading offers leverage of up to 1:500 for eligible accounts, allowing traders to amplify their positions relative to their invested capital.
Question: Are there any fees for withdrawals?
Answer: Noble Trading typically processes withdrawals promptly, with USD withdrawals processed on the same day if requested before 1 PM GMT.
Question: Is Noble Trading regulated?
Answer: Noble Trading operates without regulation, which may affect traders' confidence in the platform's security and integrity.