Noor Al Mal

Noor Al Mal, officially known as NCM Investment, is registered in Kuwait with an operational history spanning over 20 years since its establishment in 2000. The broker offers trading in various instruments, including forex, commodities, and CFDs, with leverage up to 1:100 and a minimum deposit requirement of $3,000, utilizing the MT5 trading platform.

NCM Investment operates under the regulatory oversight of multiple authorities, including the FCA in the United Kingdom and the SCA in the UAE. Given its licensing status, the broker is generally considered safe and legal for trading activities across its operating jurisdictions.

In the market, Noor Al Mal has a mixed reputation, with users highlighting its regulatory compliance and customer support as positives. However, some concerns have been raised regarding high minimum deposits and withdrawal processes. Community feedback indicates that while the broker provides a secure trading environment, there are occasional complaints about transparency and responsiveness in customer service, particularly regarding fee structures.

Capital Protection Measures

Noor Al Mal, officially known as NCM Investment, prioritizes the safety of client funds by holding them in regulated bank accounts that are separate from the broker’s own assets. This ensures compliance with the stringent regulatory requirements set forth by the FCA in the UK and the SCA in the UAE, enhancing fund security for traders.

Noor Al Mal Leverage

The maximum leverage offered by Noor Al Mal is up to 1:100, applicable to both retail and professional accounts. This leverages aligns with the legal limits imposed by the FCA and SCA, demonstrating adherence to local regulatory standards while providing flexibility for different client classifications.

Noor Al Mal, known as NCM Investment, has received a mix of feedback regarding withdrawal processes. While some users have raised concerns about the efficiency of withdrawals, particularly regarding response times and transparency, there are no significant public complaints or large-scale issues reported. Credible sources note that complaints mainly focus on high minimum deposit requirements and withdrawal handling. Overall, the broker is considered safe due to its regulatory compliance with the FCA and SCA, which adds credibility despite occasional user dissatisfaction.