Noor-Overview of Minimum Deposit, Leverage, Spreads

Aspect	Information
Registered Country/Area	Abu Dhabi, United Arab Emirates (UAE)
Founded year	2005
Company Name	Noor Capital P.S.C.
Regulation	Not Regulated
Minimum Deposit	Not specified
Maximum Leverage	Up to 1:100
Spreads	From 0.0 pips
Trading Platforms	MetaTrader4 Mobile (Android, iPhone), MetaTrader4 Desktop, MetaTrader4 Mac, GTN Mobile and GTN WebTrader
Tradable assets	Forex, precious metals, energies, indices, shares CFDs, bullion and cash equities
Account Types	Demo Account/ Real Account/Islamic Account
Demo Account	Available
Islamic Account	Available
Customer Support	24/6 multilingual support via phone, email, live chat, and social media
Deposit Methods	Bank Transfers, Credit Card payments, e-wallet payments in USD or AED
Withdrawal Methods	Bank Transfers, Credit Card payments, e-wallet payments in USD or AED
Educational Tools	Economic Calendar and Trading Signals provided by the broker

General Information

Noor, a trading name of Noor Capital P.S.C, is allegedly a Private Joint Stock Company established in 2005, registered with the Abu Dhabi Department of Economic Development. The broker claims to provide its clients with numerous tradable financial instruments with leverage up to 1:100 on the state-of-the-art MetaTrader4 trading platform, as well as 24/6 multilingual customer support service. Noor Capital offers flexible and diverse trading platforms with low operational costs, limited requirements, and all-time accessibility. In addition to forex trading, the company provides access to other financial instruments like precious metals, commodities, and indices. It also offers various account types, including demo accounts, standard accounts, and Islamic accounts, to meet the diverse needs of its clients.

Pros and Cons

Despite being committed to customer satisfaction and safety with strict regulations and standards, NoorCapital has limited information available on the company's performance and reputation, while also offering efficient trading platforms with a focus on forex trading; however, their services may not be available in all countries. Additionally, they provide global access to trading platform, tools, and educational resources with multilingual customer support, but have a higher minimum deposit requirement for some account types. Furthermore, NoorCapital allows trading in over 60 currency pairs, precious metals, commodities, and indices, and offers various account types, including demo accounts, standard accounts, and Islamic accounts.

Pros	Cons
Committed to customer satisfaction and safety with strict regulations and standards.	Limited information available on the company's performance and reputation.
Offers efficient trading platforms with a focus on forex trading.	Noor Capital's services may not be available in all countries.
Provides global access to trading platform, tools, and educational resources with multilingual customer support.	Higher minimum deposit requirement for some account types.
Allows trading in over 60 currency pairs, precious metals, commodities, and indices.
Offers various account types, including demo accounts, standard accounts, and Islamic accounts.

Is Noor Capital legit？

Noor Capital is a brokerage firm that claims to offer a VPS Standard account with no restrictions on the broker account. However, it is important to note that Noor Capital is not regulated by any recognized financial authority. This lack of regulation raises concerns about the safety and security of the funds and investments made through their platform.

One red flag is the support service provided by WikiFX. While WikiFX is a popular platform that provides information about brokers and their regulatory status, it is not a regulatory authority itself. Relying solely on the support service provided by WikiFX does not guarantee the legitimacy or credibility of Noor Capital.

Furthermore, the mention of a “suspicious regulatory license” suggests that there might be some dubious or questionable licensing information associated with Noor Capital. This further emphasizes the need for caution when considering engaging with this broker.

In summary, due to the lack of valid regulatory information and the presence of a suspicious regulatory license, it is important for individuals to exercise caution and be aware of the potential risks associated with trading or investing through Noor Capital. It is generally advisable to choose regulated brokers that operate under the supervision and guidelines of recognized financial authorities to ensure the safety of funds and investments.

Market Instruments

Noor Capital offers a range of market instruments including Forex, Precious Metals, Energies, Indices, Shares CFDs, and Bullion.

Forex: Forex trading involves over 60 currency pairs with advanced charting, patterning tools, and trade signals to ease the trading process. Noor Capital also provides low operational costs, limited requirements, and accessibility.

Precious Metals: Precious Metals futures and options trading is offered as a hedge against inflation or as a storehouse of wealth, with gold, platinum, and silver being the top traded metals. Future contracts provide more financial leverage, flexibility, and financial integrity than trading commodities themselves.

Energy trading involves trading in petroleum and natural gas, with Noor Capital providing all the resources needed to trade CFDs on Energies. Technical and fundamental analysis are provided to help choose the right commodity.

Indices: Trading in Indices is one of the most popular ways of trading in global financial markets. DJ30, S&P 500, NASDAQ 100, DAX 30, FTSE 100, CAC 40, and NIKKIE 225 are among the most traded indices. Noor Capital provides a fair and secure trading environment, risk management, and advanced data protection services.

Shares CFDs: CFDs or Contracts for Difference are agreements between buyers and sellers to pay a price equal to the difference in the value of an underlying asset at present and at the time of the contract. Noor Capital provides real-time and updated market values for CFDs trading.

Bullion: Bullion trading involves trading in gold and silver, and Noor Capital ensures competitive pricing for traders.

Pros	Cons
Noor Capital offers a diverse range of market instruments, including forex, precious metals, energies, indices, shares CFDs, and bullion, giving traders and investors many options to choose from.	The market instruments offered by Noor Capital may not suit all traders' and investors' preferences and trading strategies.
Noor Capital provides advanced trading tools and signals, making it easier for traders to analyze the market and make informed trading decisions.	The market instruments are subject to market volatility and risks, which could lead to losses.
Noor Capital has low operational costs and limited requirements, making it accessible to traders and investors of all sizes.	Noor Capital is not available in all countries and regions, limiting its accessibility to some traders and investors.
The company offers online webinars, market updates, technical analysis, and everything needed for proper trading and investment.

Leverage

Noor Capital is a financial brokerage firm that offers leveraged trading for a range of financial instruments, including currency pairs and CFDs on commodities and indices. The leverage offered by Noor Capital varies depending on the instrument being traded.

For currency pairs, Noor Capital offers a leverage of up to 1:100. The minimum trade size is 0.01 lots, and the maximum trade size is 25 lots. The contract size for all currency pairs is 100,000 units of the base currency. The pending orders distance is set to zero, which means that traders can place pending orders as close to the current market price as they want.

For commodity CFDs, such as USOIL and NATGAS, Noor Capital offers a leverage of up to 1:100. The minimum trade size is also 0.01 lots, and the maximum trade size is 20 lots. The contract size for USOIL is 1000 barrels, while for NATGAS it is 10,000 MMBtu.

For index CFDs, such as US30, US100, and US500, Noor Capital offers a leverage of up to 1:100. The minimum trade size is 0.01 lots, and the maximum trade size is 20 lots. The contract size for all index CFDs is five units of the base currency. Trading hours for all instruments are from Sunday 17:00 to Friday 17:00 New York time. There are daily halt periods for some instruments, during which trading is paused.

Trading Platform Available

Platforms available for trading at Noor are Metatrader4 Mobile (Android, iPhone), Metatrader4 Desktop, Metatrader4 Mac and Metatrader4 Webtrader for forex trading, and GTN Mobile and GTN Webtrader for stock trading. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Pros	Cons
Noor Capital offers a variety of trading platforms, including MT4 desktop and mobile, as well as WebTrader, which provides flexibility for traders to access the markets from different devices and operating systems.	Noor Capital's trading platforms may not be suitable for all traders, especially those who prefer other platforms or have specific trading preferences.
The trading platforms are user-friendly and equipped with various features, such as real-time quotes, customizable charts, technical indicators, and expert advisors.	The availability of some trading platforms may depend on the trader's location, which may limit accessibility for some traders.
Noor Capital offers various account types, including Islamic accounts, and provides access to educational materials and market analysis to help traders make informed decisions.	Some traders may find the pricing and fees of Noor Capital's trading platforms relatively high compared to other brokers in the market.
The platforms also provide access to a wide range of financial instruments, including forex, commodities, and indices, enabling traders to diversify their portfolios.	Noor Capital may not offer as many advanced trading tools or features compared to some other brokers in the market, which may limit the trading strategies available to traders.

Trading Tools

Noor also provides its clients with some trading tools, such as Economic Calendar and Trading Signals. See more details in the below screenshots.

Deposit & Withdrawal

Noor Capital accepts deposits and withdrawals via bank transfers, credit card payments, and e-wallet payments made in USD or AED. The conversion rate for AED to USD is 3.80 for card payments and 3.675 for bank to bank wire transfers, while the conversion rate for USD to AED is 3.670 for bank to bank wire transfers.

Credit/debit card payments are the quickest and easiest way to deposit funds with Noor Capital, and successfully authorized payments will be credited to your account instantly. To fund your Noor Capital account using a credit card, you need to log in to the secure myNoor Private Cabinet and select the credit card option. Only cards in your name and from a personal account are allowed, not business cards or corporate accounts, and third-party payments are prohibited.

To withdraw funds, you can process credit card withdrawals directly through the portal or submit a wire request through the portal, which will be done via Noor Capital's bank account. The process for withdrawing funds is not specified in detail, but it is likely that you will need to provide some form of identification and follow any additional instructions provided by Noor Capital.

Demo Trading

The demo trading offering of Noor Capital is targeted towards institutional clients, such as brokers and banks, hedge funds and asset managers, proprietary trading houses, and funds and corporate accounts. These clients can sign up for a demo account to experience Noor Clearing's award-winning Tier 1 interbank liquidity pools and brokerage solutions.

In addition to institutional trading, Noor Capital also offers a stocks trading platform called GTN. The GTN platform is designed to be user-friendly and accessible, allowing traders to stay updated with the latest news and trends. The platform is available on both web and mobile devices, and is secured to ensure the safety of user data and transactions.

Overall, Noor Capital's demo trading offering provides institutional clients with the opportunity to test their technology and liquidity solutions, while their GTN platform provides a user-friendly and accessible option for stock trading.

How to open and account？

To open an account with Noor Capital's Stocks Trading Platform (GTN), you can follow these steps:

1. Visit the Noor Capital website.

2. Click on the 'Open Account' button.

3. Fill in the necessary details, including your personal information and contact details.

4. Provide information about your trading experience and financial background.

5. Complete the account registration process.

6. Once your account is verified, proceed to fund your account.

7. Start trading on the GTN platform, which is available on both web and mobile devices.

8. Stay updated with the latest trends, news, alerts, and advice provided on the platform.

9. Utilize the user-friendly and advanced features of the GTN platform to make informed trading decisions.

10. Enjoy a seamless trading experience with Noor Capital's Stocks Trading Platform (GTN), suitable for traders of all levels.

Please note that while the process of opening an account with Noor Capital is straightforward, it is important to consider the risks associated with trading on a platform that is not regulated by recognized financial authorities. Exercise caution and conduct thorough research before proceeding.

Trading Tools

Noor Capital offers a range of trading tools to help traders make informed decisions and improve their trading performance. One of the key tools is the Economic Calendar, which provides transparent information on news, events, and government policies that directly affect the market. Traders can stay updated on indicators and analysis to help them make the correct trading decision.

Another trading tool offered by Noor Capital is Trading Signals, which is a unique and upgraded tool that helps traders follow the latest market trends and turn opportunities into trades. The tool includes three innovative indicators that best represent the market action and have improved user experience, analytics focused, and automatic software updates. The tool provides analyst views, adaptive candlesticks, and adaptive divergence convergence (ADC) to help traders with short-term trading while guarding against sideways movements.

In addition, Noor Capital has curated video tutorials in its trader's glossary to train and develop traders in the financial markets to be eligible for trading activity. The video tutorials cover topics such as how to use Noor Capital's FX Trading Mobile App, manage your account, and access all the features to help traders trade easily. Overall, Noor Capital's trading tools aim to provide traders with the information and resources they need to make informed decisions and improve their trading performance.

Pros	Cons
Noor Capital offers a diverse range of trading tools including an economic calendar and trading signals.	None
The economic calendar provides real-time updates on global economic news and events that can impact the market.	None
The trading signals tool helps traders identify market trends and entry/exit points, which can enhance trading performance.	None
Noor Capital provides access to a trader's glossary and video tutorials to help traders improve their skills.	None

Educational Resources

Noor Capital provides a comprehensive range of educational resources for both beginners and experienced traders. The course modules are divided into two parts, covering the fundamentals of Forex Trading, introduction to standard terms, money management, and advanced strategies. Noor Capital Academy offers a complete range of tools and resources, including webinars, workshops, daily broadcasting, market updates, economic reports, trading tools, and a glossary of trading terms. The Nanodiploma course transforms traders into professional traders with all the required knowledge and tools to guide them throughout their trading journey. The main advantage of Noor Capital's educational resources is that they offer a variety of tools and resources that cater to the specific needs of traders, whether they are beginners or experienced traders.

Pros	Cons
Noor Capital offers two course modules that cater to both beginner and advanced traders.	Noor Capital's educational resources may not be as extensive as some other trading education providers.
The Nanodiploma course is designed to transform traders into professionals.	There is no information on the cost of the courses or the availability of scholarships or financial assistance for traders who may not be able to afford them.
Noor Capital Academy provides a complete range of tools during and after the course, including webinars, workshops, and daily market updates.	It is not clear if Noor Capital's educational resources are available in languages other than English.
The economic report and glossary provided by Noor Capital can be helpful in staying updated on the latest market news and terminology.	There is no information on the qualifications or experience of the trainers or instructors who conduct the courses and workshops.
Noor Capital's educational resources are accessible online from anywhere in the world.

Customer Support

Noors customer support can be reached by telephone: Abu Dhabi: +97126266888, Dubai: +97142795400, email: info@noorcapital.ae, cs@noorcapital.aec, live chat or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Al-Montazah Tower B, Office 203/204, Second Floor, Zayed the First Street, Khalidiyah, (Abu Dhabi); Electronic and Support Services: Suite 1208 Level 12 Opal Tower Burj Khalifa Street, P.O.Box 334241 (Dubai).

In conclusion, Noor Capital is a brokerage firm based in Abu Dhabi, UAE, offering a range of trading services and educational resources. It provides access to various financial instruments through advanced trading platforms. The advantages include regulatory compliance, user-friendly platforms, and diverse account options. However, disadvantages include limited availability, lack of performance information, and higher pricing compared to some competitors. Traders should conduct thorough research before engaging with Noor Capital or any brokerage firm.

Frequently Asked Questions:

1. Q: How do I open an account？

A: To open an account, you can either click on the link provided or download the account opening form from the website.

2. Q: What are the requirements to open an account？

A: You need to provide a copy of your valid passport biodata page, UAE ID or Resident ID (for UAE residents only), and proof of address such as a bank statement or utility bill.

3. Q: What payment methods are accepted？

A: Noor Capital accepts bank transfers, credit card payments, and e-wallet payments in USD or AED.

4. Q: How can I withdraw my funds？

A: Withdrawals can be made through your Private Cabinet, and funds must be returned to the original source from which they were deposited, in compliance with international anti-money laundering requirements.

5. Q: What is the Noor Capital Private Cabinet？

A: The Noor Capital Private Cabinet is a comprehensive tool for individual traders, providing access to account management, trading reports, education, and bonus programs.

6. Q: How long should I maintain my positions？

A: In general, you should keep your position until you realize sufficient profit, your stop-loss is triggered, or another position with significant potential arises.

7. Q: What are the most traded commodities？

A: Gold, silver, and crude oil are the most popular commodities for CFD trading, and their prices are influenced by various factors, such as supply and demand, production levels, and seasonal changes.