Forex NORNE SECURITIES Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

NORNE SECURITIES Trading Conditions

Registered Region Norway

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email kundeservice@norne.no

Contact Number +4755559130

Website norne.no

Balanced Review

Pros & Cons

Pros

Diverse trading instruments including forex, commodities, stocks, and cryptocurrencies
Access to popular trading platforms: MT4 and MT5
Customer support available via email and telephone
Demo account for risk-free practice and strategy testing
Variety of payment methods for deposits and withdrawals

Cons

Not regulated by any recognized financial authority
Limited recourse for clients in case of disputes
Potential for encountering fraudulent practices
Lack of advanced educational resources for traders
Inactivity fees for dormant accounts may apply

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	NORNE SECURITIES	Hydro	AvaTrade	DBG Markets
Operating Period	5-10 years	See review	See review	See review
Region	Norway	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does NORNE SECURITIES Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Accessible trading environment with various instruments	Suitable for traders with smaller capital
Professional Account	Experienced traders	Enhanced features, potentially higher leverage	Requires proof of trading experience
Demo Account	All traders	Risk-free practice environment	Ideal for testing strategies before live trading

Account Opening Process

To open an account with NORNE SECURITIES, prospective clients will need to complete several steps. Initially, they will be required to submit personal information, including their name, address, and contact details. Following this, employment and financial information will need to be provided to assess the client’s trading capabilities. Identity verification is mandatory, necessitating the submission of a government-issued ID and proof of address. Clients will have the option to upgrade to a professional account at a later stage, should their trading needs evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	N/A	N/A	Tight spreads available
CFDs (Stocks, Indices)	N/A	N/A	Varied depending on asset
Cryptocurrencies	N/A	N/A	Variable fees apply

Other Fees

Clients should be aware of additional fees that may apply when trading with NORNE SECURITIES. These can include deposit and withdrawal fees, inactivity fees for dormant accounts, and potential platform usage fees. Overnight interest, also known as swap rates, may apply for positions held overnight, and currency conversion fees could be charged when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

NORNE SECURITIES User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Lars Hansen

Oslo

★ ★ ★ ★ ★

I had issues withdrawing my funds. It took a lot longer than expected, and customer support wasn’t very helpful. I felt frustrated and uncertain about the whole process.

Sara Johansen

Bergen

★ ★ ★ ★ ★

Overall, I am quite satisfied with NORNE SECURITIES. The MT5 platform is user-friendly and offers great features. I appreciate the variety of trading instruments available, which keeps my trading experience exciting.

Mikkel Nilsen

Stavanger

★ ★ ★ ★ ★

Completely disappointed with NORNE SECURITIES. They are not regulated, and I felt uneasy trading with them. Customer service was unresponsive when I raised my concerns.

Anna Berg

Trondheim

★ ★ ★ ★ ★

I had a positive experience with NORNE SECURITIES. The demo account helped me practice before trading live, and the speed of execution on trades has been impressive. I would recommend them to others.

Norway Market