This NoorCM review covers the Turkish brokerage firm’s regulatory structure, trading infrastructure, and product offering. NoorCM operates under strict local regulation, catering to retail and professional traders in Turkey, with a strong emphasis on forex and derivatives trading via MetaTrader 4.

Regulation and Safety

NoorCM is regulated by the Capital Markets Board of Turkey (CMB) under license number G-052 (398). The CMB is the financial regulatory authority responsible for securities markets in Turkey and enforces robust investor protection laws.

Client protection mechanisms include:

• Strict capital adequacy requirements and local fund custody
• Client money held in segregated Turkish bank accounts
• Regular audits and regulatory reporting to CMB

However, no investor compensation scheme is in place under CMB regulation.

Execution Model and Trading Platforms

NoorCM operates under a market maker model, which is standard for Turkish brokers due to local regulation. Orders are internally matched and managed, although slippage controls and pricing transparency are enforced by law.

Platform availability includes:

• MetaTrader 4 (MT4): Offered on desktop, web, iOS, and Android

Features such as one-click trading, EAs (Expert Advisors), and built-in analytics are available, although automated trading may require approval.

Markets and Instruments

NoorCM offers a focused suite of leveraged instruments as CFDs:

• Forex – All major and minor currency pairs approved by CMB
• Precious metals – Gold and silver
• Turkish stock indices and select global indices
• Commodities – Oil and natural gas

Cryptocurrencies and international single-stock CFDs are not permitted under CMB guidelines.

Accounts, Spreads and Leverage

NoorCM offers a single regulated account structure as per Turkish law:

• Standard Account: Fixed spreads from 1.6 pips, no commission
• Minimum deposit: 50,000 TRY (≈ $1,500 as per CMB regulation)
• Maximum leverage: 1:10 (set by Turkish regulation)
• Stop-out level: 50%

Islamic swap-free accounts are available on request.

Funding and Base Currencies

NoorCM supports the following payment methods:

• Turkish bank wire transfers
• Local EFT and FAST systems

All accounts are denominated in Turkish Lira (TRY). Deposits are typically instant via domestic transfer, and withdrawals are processed within 24 hours on business days. No third-party payments are accepted.

Client Protections and Features

Client safeguards at NoorCM include:

• Segregated client funds at Tier-1 Turkish banks
• 2FA-enabled client portal and encrypted platform login
• Real-time price feed transparency regulated by CMB

Additional features include market news, technical reports, and webinars in Turkish. Educational support is tailored to beginner and intermediate traders.

Institutional and Retail Offering

NoorCM serves retail traders under CMB regulation. Institutional services such as FIX API, white-label, or prime brokerage are not available due to local restrictions. However, NoorCM maintains corporate onboarding and account managers for high-net-worth clients and SMEs.

Pros

• Licensed and overseen by the Capital Markets Board of Turkey (CMB)
• MT4 access with competitive spreads
• Strict local fund segregation and client protection
• Turkish-language support and local educational content
• Low slippage and regulated market maker execution

Cons

• Low leverage cap (1:10) due to regulation
• Only TRY accounts supported
• No cryptocurrency or stock CFDs
• No access to MT5 or advanced institutional services

Frequently Asked Questions

Is NoorCM regulated?

Yes, NoorCM is regulated by the Capital Markets Board of Turkey (CMB) under license G-052 (398).

What platform does NoorCM use?

NoorCM provides MetaTrader 4 (MT4) across desktop, web, and mobile devices.

What is the maximum leverage at NoorCM?

The maximum leverage is 1:10, in accordance with Turkish regulatory limits.

Does NoorCM offer crypto or stock trading?

No, NoorCM does not offer cryptocurrencies or international stock CFDs, as per CMB restrictions.

What is the minimum deposit to open an account?

The minimum deposit is 50,000 TRY, which is the regulatory minimum set by the CMB.