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Noor Capital Review: Is this broker legit, safe and trustworthy for UAE citizens and residents?

Noor Capital - Licensed and regulated by the UAE Central Bank and SCA. They offer online trading services for forex and CFDs. Overall, they're just above average, but the good thing about them is that they're locally regulated, so chances of an investor getting duped are low.

Yes, this broker's official website and app are legit, safe and trustworthy for UAE citizens and residents.

Noor Capital has decent reviews on Reddit and Quora, including satisfactory ratings on sites like Trustpilot. Thus, overall this broker is considered reliable for online trading of currencies, cryptocurrencies, CFDs and stocks.

There are a number of services available via Abu Dhabi, UAE-based Noor Capital, including asset management, financial advising and fund administration, as well as online FX trading and CFD trading.

It goes without saying that our primary emphasis will be on their brokerage services. The MetaTrader4 platform, five account types, and a maximum leverage of 1:500 are just some of the features offered by this broker. In addition, the United Arab Emirates has laws governing them.

As a private joint stock company formed in the United Arab Emirates with its registered office in Abu Dhabi, Noor Capital is wholly owned by Noor Capital PSC. When it comes to financial services such as banking, financial investing, financial consulting, and intermediary trading, the Central Bank of the United Arab Emirates has granted the firm permission to operate.

So, in short, this is a respectable firm and your money is secure with them.

In the United Arab Emirates, financial institutions must adhere to a high standard of regulation. There should be a minimum of one million dirhams (approximately 275,00 USD) in local money held by all forex and CFD firms in the nation, for example.

According to European Union regulations, brokers must maintain an operating capital of no less than 730 000 EUR, submit regular reports, accept external audits, retain all client assets in a segregated, protected from creditors, trust account and participate in compensation programmes for customers.

There is an insurance policy of up to 85 000 GBP if you choose a broker authorised by the Financial Conduct Authority in the United Kingdom.

There is also a big difference between Europe and the United Arab Emirates when it comes to the amount of leverage that may be offered to retail customers.

It is now only possible to establish a demo account with a leverage of 1:500, which we were provided when we started our trial account with an offshore broker. The financial authorities in most major economies, including the European Union, the United States, Canada, Japan, and now Australia, have adopted tight leverage limitations in an attempt to decrease investment risks.

During our testing of the Noor Capital trading platform, we found 46 different currency pairings, many of which were exotic or minor, such as USDMXN, USDZAR, USDTRY, USDSGD, USDSEK, USDPLN, USDNOK, USDHUF, USDDKK and USDCZK. USDMXN, USDZAR, USDTRY, USDSGD, USDSEK, USDPLN and USDCZK. CFDs are available on a wide range of assets, from precious metals like silver or gold to platinum or palladium to energy commodities like oil or natural gas to nine different indices and a wide range of stocks. There are even CFDs available on several crypto currencies, like Bitcoin, Ethereum, Litecoin and Ripple. Even so, you may go through our list of bitcoin CFD brokers right here:

This is without a doubt one of the greatest trading platforms out now. MT4 is a dependable trading platform with a wide range of tools, including market indicators and trading robots, which make it possible to automate trading processes. Moreover, MT4 has an impressive array of complex charting capabilities.

To our disappointment, Noor Capital does not specify which payment options they accept. Credit and debit cards like VISA and MasterCard, bank wire, and different e-wallets like Neteller, Skrill, and PayPal are the most common ways of payment.

A trial account showed that the benchmark EURUSD spread floats between 2 and 2,1 pips, which we found to be a little too salty for our liking. Spreads are regarded advantageous only if they are less than 1.5 pips with a normal account and no trading costs.

With its UAE licence, Noor Capital is a trustworthy business partner. Traders may choose from a wide range of trading products and leverage as high as 1:500 on this platform. Although we are unsure of their minimum deposit requirement, payment methods accepted, and spreads, at the very least with a regular demo account, they were considerably greater than what we are accustomed to, these are all minor concerns.
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176+ tradeable assets are available on Noor Capital Markets' multi-asset platform. Noor Capital Markets offers Forex trading and Spread Betting as investment options.

Financial assets of all kinds are traded by Noor Capital Markets. Whether it's a physical object or an abstract idea, each kind of financial asset may be classified as a financial asset. Because of this classification, forex trading and spread betting fall under the umbrella of "financial asset."

Demo Account, sometimes known as a virtual portfolio,

Advanced financial chart comparison tools are available at Noor Capital Markets.

Experts in the field of financial markets and investments are on hand at Noor Capital Markets to provide their research-based insights.

It is possible to utilise the Noor Capital Markets platform on a variety of devices, including Apple Macs, and online through a Web Browser.

The trading interface at Noor Capital Markets is user-friendly and includes features for both novices and seasoned professionals.

Over 15 different languages are supported by the Noor Capital Markets platform.

There are three methods to trade at Noor Capital Markets: forex, spread betting, and CFDs. On the Noor Capital Markets trading platform, the assets and products accessible to you will vary depending on where you are located and which organisation you have an account with.

You'll need a minimum of $100 to open an account with Noor Capital Markets. You may get a feel for the Noor Capital Markets platform by signing up for a demo account.

If you are a novice or an experienced trader, Noor Capital Markets can accommodate you.

The administrative body and regulatory status of a broker, such as Noor Capital Markets, is critical. With no oversight from a regulating agency, brokers may trade at their own discretion. You run the risk of losing any money you put up for investment.

Noor Capital Markets was founded in 2008 and has been in business for 14 years.

The operations of Noor Capital Markets are overseen by the appropriate authorities. This implies that Noor Capital Markets is regulated by the Capital Markets Authority (CMA) and is subject to its oversight.

Because of the rules in place, regulated brokers are far less likely to engage in price manipulation. It is possible to withdraw your money from Noor Capital Markets. In the event that Noor Capital Markets violates any regulations, they might lose their regulated status.

Traders' funds are maintained in a separate bank account at Noor Capital Markets. Tier-1 banks provide an extra layer of protection for Noor Capital Markets. Tier 1 is the standard by which all other tiers are judged.

Noor Capital Markets guarantees that any money you deposit will be held in a bank with sufficient capital to meet your withdrawal requests in the event that Noor Capital Markets goes out of business.

Noor Capital Markets has a reasonable level of security and safety.

Be aware that trading financial assets might result in a loss of money. Accounts may lose money if not enough effort is put into analysing the markets, if the trader lacks expertise, or if the brokerage platform's capabilities are not properly used.

Spread Betting, Forex trading, and other forms of financial trading may cause investors to lose a lot of money quickly. Market volatility can put your money at risk at any time, so only trade if you are aware of this. Your money is at risk, as stated very clearly on the Noor Capital Markets platform.

Hopefully, we've clarified a few things for you now that you know more about Noor Capital Markets. To better understand Noor Capital Markets, let us take a closer look at its aspects.

Create two Noor Capital Markets accounts if possible. The first is your actual money account, while the second is a practise account. You may try out new things with the demo account.

There is no doubt in our minds that Noor Capital Markets is regulated and monitored by credible bodies. Noor Capital Markets is regulated by all of the organisations listed below. Those who have problems with Noor Capital Markets can seek some redress under the law. In the case that a broker goes bankrupt, the investors' money is returned to them by regulatory agencies such as compensation systems.

In order to remain licenced and operating in the jurisdictions, the brokerage companies must adhere to a range of regulations and criteria established by the jurisdiction's regulatory bodies. In order to safeguard Noor Capital Markets traders and provide a more secure trading environment, regulation is at the heart of the initiative. There is a critical need for financial regulation and licencing clearance.

Regulators, authorities, and watchdogs oversee Noor Capital Markets' operations. In the event that anything goes awry, regulators will take the required steps. You should verify that a broker like Noor Capital Markets is a genuine internet agency before you begin trading with them.

As Noor Capital Markets is available in 194 countries, it is a global company.

As a worldwide trading platform, Noor Capital Markets operates in 194 countries, including those in Europe, Asia and Oceania as well as the United States. Noor Capital Markets has offices in the United Kingdom, Germany, Australia, South Africa, Thailand, the United States, and China, as well as a number of other countries. More than 10,000 people utilise Noor Capital Markets.

This broker provides cutting-edge online trading platforms, mobile trading applications, financial research tools, and instructional materials for its clients. It is essential that a brokerage firm continue to provide these products and services in order to generate profits. A variety of trading fees may be assessed by your broker, and you should be aware of them since they might have an impact on your overall trading budget.

When creating a trading account with Noor Capital Markets, a minimum deposit of 100 GBP/USD/EUR is required.

Noor Capital Markets requires a minimum deposit in order to start a new online brokerage account.

Noor Capital Markets, which charges a minimum deposit to create an account, isn't going to frighten you away from trading. Brokers that demand higher minimum deposits frequently provide extra premium services on their platforms that are not accessible for free on any other platform.

With smaller minimum deposits, brokers tend to target more mainstream customers who don't need all of the complex services and research tools that are offered by more expensive brokers.

To entice new consumers, brokers who do not need a minimum deposit often do so. A low minimum deposit account may have higher transaction charges and other fees since they have to earn a profit somewhere.

Brokers that need a bigger initial deposit generally have a wider selection of trading tools available on their websites. Additionally, the risk management capabilities of these brokers tend to be more advanced.

Minimum deposit requirements to start a live trading account have decreased as more and more online trading platforms have joined the market.

There are brokers that need deposits as high as 6500 GBP/USD as a minimum, depending on the account type. Some brokers are able to go up to 10,000 GBP/USD.

Withdrawal costs at Noor Capital Markets are determined on the form of payment you choose.

In order to withdraw cash from your trading accounts, each broker has its own unique set of requirements.

Each brokerage business will have a different mode of withdrawal and each payment provider may have varying fees, processing delays, and even a possible currency conversion cost. Your source currency, your destination currency, and your payment provider all influence the conversion charge.

The Noor Capital Markets platform, for example, enables you to transfer cash to your bank account.

There is a fee for inactive accounts at oor Capital Markets.

Account inactivity fees are a kind of service charge levied on a registered brokerage customer.

Depending on the terms and conditions of the accounts, consumers and brokers may have to meet particular trading activity criteria.

This cost may be charged to customers who have been inactive for an extended length of time, as defined by the broker.

For online trading accounts, inactivity fines are not unique. Inactivity fees may be imposed by many financial service providers. Please make sure you are informed of and satisfied with all of the services and costs you may be charged by the broker before signing up.

Closing your trading account is as simple as contacting the broker's customer service. Make sure there are no outstanding costs, and that you have proof of that.

You may only be charged an inactivity fee if specific conditions are met, depending on the kind of account you have opened. Inactivity fees must be explicitly stated as part of a broker's regulations.

As reward for retaining your account on their pricey trading platforms, certain brokerage companies may levy inactivity fees to recoup the commission fees they would otherwise have earned from your trading.

Deposit fees are charged by Noor Capital Markets.

You should always check deposit costs before depositing cash to your trading account, since certain brokers may impose a fee for doing so. As a result, depending on your chosen payment option, you may be charged for making the first deposit.

If you deposit a certain fiat currency into your account, you may be charged a set fee. Depositing money using a credit card, for example, is known to carry hefty costs. If your broker allows credit card deposits, you may use this method.

Commission is charged on CFD products at Noor Capital Markets.

If your trading account is used to facilitate the purchase and sale of financial assets, your broker may charge a commission fee.

The majority of a brokerage's income may come from fees charged to registered traders on client transactions.

Depending on the kind of trade, financial asset type, and amount of trading account you have, commission rates might vary.

Whether your purchase is fulfilled, cancelled, or modified by the brokerage, you will be charged a commission fee.

If your brokerage does not complete a market order, you will not be charged a commission.

If your order is changed or cancelled, you may be charged a commission fee by your brokerage.

Due to regulatory constraints, multiple businesses operating under the Noor Capital Markets Brand may provide a variety of trading products. Depending on the location where the client resides and the company that maintains the customer's account, the trading instruments that are available to them may be different. The trading instruments provided by Noor Capital Markets may also differ based on the trading platform you choose to use.

With Noor Capital Markets, you may trade more than 176 different instruments.

For those interested in trading currency pairings on the world's forex markets, Noor Capital Markets provides access to over one hundred different currency pairs.

Users may access Noor Capital Markets' proprietary trading platform through a web browser. For MT4 brokers, you may check out this page to view a side-by-side comparison.

Using a Noor Capital Markets iOS or Android native App on your mobile device will be faster than using the Avatrade Website on the same platform.

Mobile applications for Android and iOS are also available from Noor Capital Markets, making it even simpler to monitor and execute transactions while on the go.

Noor Capital Markets preserves the personal information of its customers with SSL encryption on its PC and mobile platforms. Using the online platform of Noor Capital Markets, customers are urged to check for the SSL security indicator (a lock sign) on the browser at all times.

In terms of trading platforms, Noor Capital Markets does not provide MT4, MT5, or cTrader.

Noor Capital Markets has created and tested its own proprietary trading platform. Traders can keep track of their portfolios, keep tabs on the market, find trade ideas, and execute transactions using the Noor Capital Markets trading platform.

Traders may use the Noor Capital Markets platform to find trading opportunities that meet certain criteria.

By using Noor Capital Markets' actionable research and stock assessments, you may find and explore potential possibilities. The Noor Capital Markets portal provides real-time information, including news and quotations. Using the powerful charting tools provided by Noor Capital Markets, you may discover potential trades. It is possible to access Noor Capital Markets using downloaded software or the cloud. With Noor Capital Markets, you can keep tabs on your orders and be alerted to any changes in your holdings.

Please keep in mind that the payment methods listed below are only applicable to the Noor Capital Markets Entity and the Client's Country of Residence, respectively.

You may see a list of all possible Noor Capital Markets payment options in your member's section on the Noor Capital Markets website.

Noor Capital Markets requires that you join up here to establish an account. The next step is to download the trading platform of your choosing once you have received your login information through email, submitted your identity papers for account confirmation, and made a deposit. Noor Capital Markets trading platforms may be found here. As part of Noor Capital Markets onboarding and routine KYC identification checks, you will be required to provide some basic paperwork. All of these checks are normal procedure and enable Noor Capital Markets maintain a secure financial environment for its 10,000 consumers.

There is no restriction on the number of trades you may make with Noor Capital Markets. If you establish a new account, this may change. There is a maximum amount of money that may be traded with Noor Capital Markets. If you choose Noor Capital Markets, you may anticipate lower spreads and more pricing transparency since they use ECN execution. An ECN account comes with a fee and is preferred by large volume traders, such as scalpers and automated traders.

Understanding the Noor Capital Markets trading tools and the markets is essential to successful trading with Noor Capital Markets. Make the most of all educational resources available to you. This contains educational resources provided by Noor Capital Markets as well as those from outside the organisation.

Many instructional materials may be found at Noor Capital Markets. Take your time and get familiar with the workings of the financial markets. Be sure to familiarise yourself with the features of your trading platform. Take advantage of worldwide trading hours and discover how to limit and manage investment risk by making buy/sell transactions.

Trading with Noor Capital Markets may be easier if you take an analytical approach.

Look through the platforms of Noor Capital Markets to learn more methodical and rational trading techniques. While it may be unfamiliar territory for some, the job market expects you to have this new set of abilities.

The customer service choices, response times, and issue resolution efficacy of the Noor Capital Markets trading platform are all examined in our study of the company.

If you'd like to communicate with us in any of these languages or any other non-English dialects that you may be fluent in please let us know. We are happy to assist you in any way we can in any of these languages.

This company has a D-grade customer service rating because their responses were delayed or our questions went unanswered at times. Compared to other brokers, Noor Capital Markets does not provide live chat, phone, or email service. Only a few languages can be supported by email at this time. A limited number of languages are supported through live chat. There are just a few languages that can be spoken over the phone.

The Noor Capital Markets live chat worked nicely for us. In less than 20 minutes, we received a response from the Noor Capital Markets livechat team through their app and website. There were occasions when no answer was given.

We contacted Noor Capital Markets customer service in a variety of languages and countries. Our customers' complaints were resolved by Noor Capital Markets.

Overall, the response time to our emails from Noor Capital Markets was exceptional. The quickest response time from Noor Capital Markets was 4 hours, while the longest response time was 5 days. There were occasions when no answer was given. Noor Capital Markets' response timings may vary for you, but this was our experience after sending 10 emails at varied times to the company's support team.

Our questions were addressed and handled by the staff. Email assistance from Noor Capital Markets is generally good.

When we called Noor Capital Markets, we received a prompt response. The call was answered within a few minutes of it being placed.

Over the phone, we were able to get answers to all of our inquiries and difficulties from the Noor Capital Markets customer service staff. For the sake of testing the Noor Capital Markets team's multilingual capabilities, we called in several languages. Noor Capital Markets went out of its way to address all of our questions.

I was satisfied with the phone service I received from Noor Capital Markets.

New clients at Noor Capital Markets must pass a series of basic compliance tests to verify that they understand the risks of trading and are permitted to do so by the Capital Markets Authority. In order to establish an account, you will most likely be asked for the following:

Be informed that the proof of address document expiry dates for various Noor Capital Markets Brand companies may change.

A colour scan of your passport, driver's licence, or other government-issued photo identification.

Proof of residency, such as a recent utility bill or bank statement that shows your address.

So set aside at least 5 minutes for the account opening procedure, as you'll need to answer a few simple compliance questions to verify your trading expertise.

In order to use Noor Capital Markets' platform, you must first pass compliance. This process might take anything from a few hours to several days, depending on your scenario.

You may visit the Noor Capital Markets trading platform here to begin the process of creating an account.

It is possible to lose more than your initial investment with CFDs, which are leveraged products. Everyone who trades takes a risk. Only put your money at danger if you're willing to lose it. There is no assurance of future success based on past performance.

Our investigation into Noor Capital Markets lasted more than three months. Despite the fact that the Noor Capital Markets platform has some valuable features, our general opinion is that you'd be better served by a different platform.

Forex trading, Spread Betting, and other financial services are offered by Noor Capital Markets.

It's been more than a decade since Noor Capital Markets was founded.

At least 10 people work for Noor Capital Markets' customer service department.

Regulating the Noor Capital Markets is the Capital Markets Authority (CMA) (CMA). As a result, Noor Capital Markets is subject to regulation by a jurisdiction that has the power to hold a broker liable for his or her mistakes, or, in the event of a more serious disagreement, to act as an arbitrator.

Regulators with a good reputation oversee Noor Capital Markets.

Deposits and withdrawals may be completed in as little as two to three days at Noor Capital Markets. When withdrawing money, this is critical.

There are many nations where Noor Capital Markets has a presence. Noor Capital Markets seminars and training are included in this.

In order to better serve our clients, Noor Capital Markets is able to recruit professionals from throughout the globe who speak your native language.

Noor Capital Markets Entity and the Client's Country of Residence determine which payment options are available.

Noor Capital Markets accepts the following forms of payment: Bank Transfer, among others.

The Capital Markets Authority, which oversees and inspects the Noor Capital Markets for compliance, deems the firm's operations to be completely secure (CMA). Traders' funds are maintained in a separate bank account at Noor Capital Markets. Tier-1 banks provide an extra layer of protection for Noor Capital Markets. Tier 1 is the standard by which all other tiers are judged.

To trade with Noor Capital Markets, you need to have confidence in the company's reputation and track record. Over 10,000 traders and Noor Capital Markets users rely on Noor Capital Markets. A wide range of financial instruments are available at Noor Capital Markets, including Forex, spread betting, and trading. With Noor Capital Markets, the minimum deposit is 100.

In 2008, Noor Capital Markets was established in Kuwait. Over the last 14 years, Noor Capital Markets has been enabling trading on the financial markets. Trading in Forex, Spread Betting, and CFDs are all available to customers of Noor Capital Markets. Secure bank accounts are used to hold money placed to Noor Capital Markets. The Capital Markets Authority (CMA) regulates Noor Capital Markets, making it legitimate.

As a result, Noor Capital Markets may be regarded since a trustworthy broker, as it is regulated by the Capital Markets Authority (CMA). Trading in Forex, Spread Betting, and CFDs is permitted at Noor Capital Markets.

Noor Capital Markets is a reputable financial institution. There is a separate bank account for any money that is deposited into Noor Capital Markets. This implies that Noor Capital Markets does not have direct access to your funds. Because the broker does not have access to your money, he or she cannot take advantage of you. In addition, Noor Capital Markets is subject to the oversight of the Capital Markets Authority (CMA).

Noor Capital Markets has a minimum deposit requirement of 100.

The time it takes to complete a withdrawal from Noor Capital Markets varies based on the method, however it is usually between 2 and 5 days.

Noor Capital Markets does not operate as a market maker. As a market maker will buy your stocks and commodities even if a buyer isn't lined up, it speeds up trade.

Noor Capital Markets requires that you join up here to establish an account. The next step is to download the trading platform of your choosing once you have received your login information through email, submitted your identity papers for account confirmation, and made a deposit.

capital markets authority is in charge of monitoring and enforcing market integrity at Noor Capital Markets (CMA). When selecting a broker like Noor Capital Markets, one of the most significant considerations for traders is the broker's regulatory body and regulatory status. Brokers that operate without regulation put their customers' money at danger since they may do so at their own discretion.

Because of the rules in place, regulated brokers are far less likely to engage in price manipulation. It is possible to withdraw your money from Noor Capital Markets. Regulated status may be revoked if they break any regulations.

Over the last 14 years, Noor Capital Markets has been regulated and well-established. A scam is not what Noor Capital Markets is.

When it comes to trading, though, Noor Capital Markets has been a huge success story for investors. It's not a get-rich-quick programme to engage in financial market trading with Noor Capital Markets. You'll have a far better chance of making money trading if you do your homework, use a practise account, and plan beforehand. Trading with funds you cannot afford to lose is never a good idea. Your money is in jeopardy.

Withdrawal costs at Noor Capital Markets are dependent on the mode of payment.

Inactive accounts at Noor Capital Markets are subject to a monthly maintenance cost. Deposit fees are charged by Noor Capital Markets.

More than 10,000 registered Noor Capital Markets users now utilise Noor Capital Markets.

Yes, Negative Balance Protection is not available at Noor Capital Markets. It is impossible for traders to lose more money than they have placed while using Negative Balance Protection (NBP).

Stop loss protection is not provided by Noor Capital Markets. Risk may be controlled with the assurance of a stop loss. It is guaranteed that your deal will close at the price you requested. Only during market hours and under normal trading circumstances are Stop Loss orders guaranteed.

Scalping is available at Noor Capital Markets.

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Hedging services are available through Noor Capital Markets.

CFD trading is not available at Noor Capital Markets.

Please be aware that the Noor Capital Markets Member's area contains information on the various financing methods and funding possibilities accessible to Noor Capital Markets clients based on their place of residence. Please visit the Noor Capital Markets website to see what payment options are available to you. Funding options offered by Noor Capital Markets include the following: Transfer money to your bank account.

Learn more about online trading brokers for UAE citizens and residents.

Sites like Noor Capital in the UAE

Here is a list of top online brokers to open an account for trading Forex, Bitcoin, CFDs and Stocks in the UAE. These brokers have above-average reviews on sites like Reddit, Quora and Trustpilot; and are totally legit, safe and trustworthy for UAE citizens and residents.

The brokers listed on this webpage accept clients from within the United Arab Emirates. Most of these companies provide an online trading platform for fiat currencies (such as Pound Sterling, the Euro, the US dollar, Japanese Yen etc.), buying and selling of cryptocurrencies (for example Bitcoin, Ethereum, Tether, XRP etc.), stocks (this includes listings on Abu Dhabi Securities Exchange, Borse Dubai, Dubai Mercantile Exchange, Dubai Financial Market and NASDAQ Dubai), CFDs (Apple, Microsoft, Amazon, Google, Tesla etc.), UAE government and corporate bonds, and short-term to long-term fixed income securities.


Reviewed by Arpita Singh

Arpita SinghArpita Singh is the main writer at As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.