Noor Capital UK is the trading name of House of Borse is an international financial services firm that is authorized and regulated by the Financial Conduct Authority, under Firm Reference Number (FRN) 631382. Through House of Borse, and the globally renowned Metatrader 5 platform, our clients can trade a wide variety of markets, including foreign exchange, commodities and indices 24/5. Take advantage of deep liquidity, tight spreads, mobile trading and much more.
Noor Capital UK Information
Noor Capital is a global financial brokerage firm headquartered in the United Kingdom, offering a wide range of financial services to both retail and institutional clients. The company is committed to providing an exceptional trading experience through innovative technology, diverse trading tools, and dedicated customer support. With a strong presence in the financial markets, Noor Capital caters to clients' various trading needs by offering access to various asset classes.
The broker offers a wide range of tradable instruments including forex, commodities, equities (including CFDs), indices, cash equities, futures CFDs, and ETFs. They cater to traders of all experience levels with three account types (Silver, Gold, and Platinum) and a tiered commission structure that rewards high-volume traders with lower fees.
Pros and Cons of Noor Capital UK
Noor Capital UK offers a compelling selection of features for traders. Firstly, they are regulated by the FCA, a trusted financial authority that provides security for clients. Additionally, they boast a wide range of tradable instruments, including forex, commodities, and various equities. This caters to diverse trading styles and allows for portfolio diversification. Furthermore, the tiered account structure with commission based on trading volume rewards high-volume traders with lower fees. The broker also provides a robust trading platform with MT5, web-based access, and mobile apps, ensuring flexibility for traders on the go.
Despite its many strengths, Noor Capital UK has some drawbacks. The broker's commission structure, while competitive for high-volume traders, may be less favorable for those with lower trading volumes. Moreover, while Noor Capital offers excellent customer support, the availability is limited to 24/5, potentially leaving clients without assistance during weekends.
Is Noor Capital UK safe？
Regulations
Noor Capital UK is officially licensed and regulated by The United Kingdom Financial Conduct Authority (FCA) under license number 631382.
Funds Safety
Noor Capital prioritizes the security of clients' funds by adhering to stringent regulatory standards. The broker is regulated by reputable financial authorities, ensuring that it operates within a framework designed to protect investors. Client funds are segregated from the company's operational funds and held in top-tier banks, providing an extra layer of protection in case of financial instability within the firm. Additionally, Noor Capital is a member of a compensation scheme, which offers clients protection and potential compensation if the company faces insolvency.
Safety Measures
To further ensure the safety of its clients, Noor Capital employs advanced security measures to safeguard personal and financial information. The broker uses SSL encryption to protect data transmission between clients and the companys servers, minimizing the risk of cyber-attacks and unauthorized access. Noor Capital also implements rigorous anti-money laundering (AML) and know your customer (KYC) policies to prevent fraudulent activities and maintain a secure trading environment. Regular security audits and compliance checks are conducted to ensure that the broker adheres to the highest standards of data protection and regulatory requirements.
What are securities to trade with Noor Capital UK？
Noor Capital offers a diverse range of securities for trading, catering to the varied interests and strategies of its clients. The broker provides access to the following asset classes:
- Forex: Clients can trade major, minor, and exotic currency pairs with competitive spreads and leverage options. Noor Capital offers over 60 currency pairs, enabling traders to take advantage of global market movements.
- Commodities: Traders have the opportunity to trade precious metals such as gold and silver, as well as energy commodities like oil and natural gas. These assets offer diversification and can act as a hedge against market volatility.
- Equities: Noor Capital UK Limited offers a wide range of equity CFDs, allowing clients to trade shares of major global corporations like Apple, Facebook, Amazon, BP plc, and Google without owning the actual shares. Equity CFDs mirror share prices, letting traders buy (long) or sell (short) with leverage, increasing both potential profits and losses. Noor Capital provides access to international shares from top companies with competitive pricing and low spreads.
- Indices: Noor Capital provides access to a variety of global indices, including those from the US, Europe, and Asia. This allows traders to speculate on the performance of major stock markets worldwide.
- Cash Equities: The broker offers a selection of shares from leading companies across different sectors. Clients can trade stocks from the US, UK, and European markets, benefiting from market trends and corporate earnings reports.
- Futures CFDs: Noor Capital provides a wide range of futures CFDs across commodities, indices, and currencies. Clients can trade popular commodities like crude oil, gold, and silver, and speculate on their future prices. Additionally, futures CFDs on major currency pairs are available, offering leverage and competitive conditions.
- ETFs: Clients can trade exchange-traded funds (ETFs), which represent a basket of assets. This allows for diversified exposure to various sectors or asset classes with a single trade.
Noor Capital UK Accounts
Noor Capital UK Limited provides three distinct account types—Silver, Gold, and Platinum—to accommodate various trading strategies, funding levels, and risk appetites. This broker caters to traders of all levels with three account options: Silver (under $100 million monthly volume), Gold (up to $1 billion monthly), and Platinum (over $1 billion monthly). Each account type offers competitive spreads, leverage up to 100:1, and access to over 60 FX pairs, indices, commodities, and equities. Key features include ECN execution, hedging, MT5 trading platform, mobile trading apps, expert advisors, one-click trading, swap-free accounts, and fifth decimal trading.
Noor Capital UK Fees Review
This broker's spreads depend on the instrument you trade. Spot commodities like gold have spreads of 0.14 USD per tick, while stock indices like Germany 30 have a flat fee of 1.5 EUR per contract. Cryptocurrencies incur a 0.45% commission, and US equities have fees starting from a minimum of 0.04 USD per share.
This broker rewards high-volume traders with lower commission rates. The Silver Account, ideal for those under $100 million monthly volume, charges $7 per USD 100,000 traded. As your trading increases, you can qualify for the Gold Account (up to $1 billion monthly) with a reduced rate of $6 per USD 100,000. For traders exceeding $1 billion monthly, the Platinum Account offers the lowest commission at $5 per USD 100,000 traded.
Noor Capital UK App Review
Noor Capital offers a state-of-the-art trading platform designed to meet the needs of modern traders. The platform is robust, user-friendly, and equipped with advanced features that enhance the trading experience.
- MetaTrader 5 (MT5): MT5 is the successor to MT4 and offers additional features such as more timeframes, an economic calendar, and an improved interface. It also supports more order types and advanced analytical tools. MT5 supports trading across various asset classes, including forex, commodities, stocks, indices, and cryptocurrencies, providing a diverse trading solution.
- WebTrader: Noor Capital's WebTrader platform allows traders to access their accounts and trade directly from their web browsers without downloading any software. It is compatible with all major web browsers. The web-based platform offers essential trading features, including real-time quotes, advanced charting, and one-click trading. It is designed for traders who need flexibility and quick access to the markets.
- Mobile Trading: Noor Capital provides mobile trading apps for MT5, available for iOS and Android devices. The apps offer full trading functionality, including real-time charts, account management, and trade execution. Mobile trading apps ensure that traders can monitor their positions and execute trades while on the move, providing flexibility and convenience.
Research and Education
Noor Capital UK Securities offers various research and educational resources designed to support clients.
- Trading Guide: Noor Capital UK Limited offers a trading guide to help clients understand the costs associated with FX and CFD tradings.
- Economic Calendar: The economic calendar highlights important economic events and data releases that could impact the markets. Traders can use this tool to plan their trading strategies around significant events.
Customer Service
Noor Capital UK offers 24/5 customer service through various channels, including email (info@noorcapital.co.uk.), phone support (+44 (0) 203 327 7001), social media channels(Facebook, Youtube,etc) and a message box on their website. The brokers support team is responsive and knowledgeable, assisting clients with any issues they may encounter. This high level of customer support ensures that clients can resolve their problems efficiently and continue trading with minimal disruptions.
Conclusion
Noor Capital is a broker offering a extensive range of trading services and instruments. The broker stands out for its competitive trading fees, advanced trading platforms, and excellent customer services. Clients benefit from robust safety measures and excellent customer support. However, the commission structure may be less favorable for lower-volume traders, and the 24/5 customer support could leave clients without assistance on weekends.
FAQs
What types of trading accounts does Noor Capital offer？
Noor Capital offers StSilver, Gold, and Platinum, and Demo accounts, each tailored to meet different trading needs and preferences.
What trading platforms are available at Noor Capital？
Noor Capital offers MetaTrader 5 (MT5), WebTrader, and mobile trading apps for both iOS and Android devices.
How does Noor Capital ensure the safety of client funds？
Noor Capital segregates client funds from company funds, holds them in top-tier banks, and is a member of a compensation scheme.
Risk Warning
WikiStock's expert assessment of the brokerage's website data is subject to change and should not be taken as financial advice. Online trading carries substantial risks, including the potential loss of all invested capital, and it's crucial to fully understand these risks before investing.
