Profile
This Noor Capital review provides a detailed overview of the Abu Dhabi-based broker’s regulatory framework, trading conditions, asset offerings, and suitability for both retail and institutional clients. Noor Capital operates as a licensed investment company in the UAE, offering forex and CFD trading under a hybrid execution model.
Regulation and Safety
Noor Capital PSC is regulated by the Securities and Commodities Authority (SCA) of the United Arab Emirates under License No. 27/065/2011. The SCA is a domestic regulatory authority that oversees capital market activity in the UAE, including brokers and investment firms.
Key client protection features include:
- Segregated client funds in UAE-based banks
- Regulatory oversight by SCA with annual audits
- Internal risk monitoring and compliance procedures
Note that SCA-regulated firms are not part of any investor compensation fund.
Execution Model and Trading Platforms
Noor Capital uses a hybrid execution model, combining Straight Through Processing (STP) and Market Maker (MM) execution depending on asset class and account type. It partners with global liquidity providers for price aggregation.
Platforms offered include:
- MetaTrader 4 (MT4): Desktop, mobile, and web versions
- MetaTrader 5 (MT5): Enhanced multi-asset platform with depth-of-market and improved execution
Expert Advisor (EA) support, scalping, and hedging are allowed. VPS hosting is available for high-frequency traders.
Markets and Instruments
Noor Capital provides access to a broad range of instruments as CFDs:
- Forex – Over 60 currency pairs
- Metals – Gold, silver, platinum
- Commodities – Oil, natural gas, softs
- Indices – Major US, European, and Asian indices
- Shares – Global equities from US, EU, UK
- Cryptocurrencies – BTC, ETH, LTC, XRP (via MT5)
Accounts, Spreads and Leverage
Noor Capital offers three primary account types:
- Standard Account: Spreads from 1.5 pips, no commission
- ECN Account: Spreads from 0.2 pips, $7 round-turn commission
- VIP Account: Custom spreads and commissions for high-volume traders
Additional conditions:
- Minimum deposit: $500 (Standard), $2,000 (ECN)
- Maximum leverage: Up to 1:500 (varies by instrument)
- Stop-out level: 30%
- Islamic accounts available on request
Funding and Base Currencies
Supported deposit and withdrawal methods include:
- Bank wire transfer (local and international)
- Credit/debit cards (Visa, Mastercard)
- Neteller, Skrill
- Crypto wallets (USDT, BTC – subject to availability)
Base currencies: USD, AED, EUR. Processing times range from instant to 2 business days. Noor Capital does not charge internal deposit fees, but withdrawal fees may apply depending on method.
Client Protections and Features
Noor Capital offers several protections and tools for clients:
- Client funds held in segregated UAE bank accounts
- Negative balance protection for retail traders
- 2FA-enabled secure portal and SSL encryption
- Dedicated account manager and multilingual support
Additional features include technical analysis reports, economic calendars, and educational resources through the client portal.
Institutional and Retail Offering
Noor Capital supports both segments:
- Retail – MT4/MT5 access, educational content, and standard/ECN accounts
- Institutional – Liquidity solutions, FIX API, white-label programs, and fund management
The broker is equipped to onboard asset managers, introducing brokers, and corporate clients through its institutional desk.
Pros
- Licensed by UAE’s Securities and Commodities Authority
- Access to MT4 and MT5 with ECN pricing
- Diverse range of CFDs including crypto and shares
- Islamic accounts and multilingual support
- Institutional services including FIX API and white-label
Cons
- No investor compensation scheme
- High minimum deposit for ECN accounts
- Limited platform choice beyond MT4/MT5
- No trading of physical assets – CFDs only
Frequently Asked Questions
Is Noor Capital regulated?
Yes, Noor Capital is licensed by the Securities and Commodities Authority (SCA) in the UAE under License No. 27/065/2011.
What platforms does Noor Capital offer?
Traders can use MetaTrader 4 and MetaTrader 5 on desktop, mobile, and web.
What is the minimum deposit?
The minimum deposit is $500 for a Standard Account and $2,000 for an ECN Account.
Does Noor Capital support crypto trading?
Yes, Noor Capital offers cryptocurrency CFDs including BTC, ETH, and XRP via MT5.
Is Noor Capital suitable for institutional clients?
Yes, the broker provides FIX API, white-label, and liquidity solutions for institutional traders and corporate clients.