All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.53
Rand / Euro = 19.81
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.17
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Noor CM Review

 

Noor CM - Review Banners
 

Overall Noor CM is regulated by the SPK (Capital Markets Board). Noor CM can be described as a reliable broker with an impressive variety of tradable assets and a good set of educational material with plenty of useable research tools.

 

Noor CM at a glance

Broker's NameNoor CM
📍 HeadquarteredCity of Kuwait, Kuwait
📅 Year Founded2009
⚖️ Regulating AuthoritiesSPK (Capital Markets Board)
🌐 Countries not accepted for tradeUnited States of America and Canada
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:400
💰 Minimum Deposit$1000/R16 000
💳 Deposit OptionsVisa, Mastercard, Bank Transfer, K Net, Naps and Benefit
💳 Withdrawal OptionsVisa, Mastercard, Bank Transfer, K Net, Naps and Benefit
💻 Platform TypesMetaTrader4, Web based platform, Mobile platform
📱 OS CompatibilityYes, mobile
📈 Tradable assets offeredCFDs, Metals, Over 45 currency pairs, Cryptocurrencies, Indices, Stocks and Oil
👨‍💼 Languages supported on WebsiteEnglish and Arabic
👥 Customer Support LanguagesEnglish and Arabic
📆 Customer Service Hours24/7
👉 Open accountClick Here

 

Min Deposit

USD 1000

Regulators

SPK

Trading Platform

MT4, Web based platform, Mobile platform

Crypto

Yes

Total Pairs

45+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Noor CM Review – 13 Key Point Quick Overview Revealed (2025):

  1. ☑️Noor CM Overview
  2. ☑️Noor CM Safety and Security
  3. ☑️Noor CM Pros and Cons
  4. Noor CM Leverage
  5. Noor CM Account Types
  6. Noor CM Market instruments
  7. Noor CM Fees
  8. Noor CM Deposits and Withdrawals
  9. Noor CM Trading platform
  10. How to open an account with Noor CM
  11. Conclusion
  12. Disclaimer
  13. Frequently asked questions

 

Noor CM Overview

Noor CM Overview

 

According to research in South Africa Noor CM is a CFD and Forex broker based in Kuwait, the company was founded in 2009 and is a  subsidiary and service provider of Amwal International Investment Company KSCC.

 

Amwal is a public listed company on the Kuwait Stock Exchange and is licensed by the Central Bank of Kuwait.

 

Noor CM Safety and Security

Noor CM Safety and Security

 

One of the best benchmarks to measure the safety of a broker like Noor CM, is to establish which regulating authorities are watchdogs over its actions. Noor CM is regulated by the SPK (Capital Markets Board).

 

Noor CM Pros and Cons

✔️ Pros❌ Cons
A good variety of tradeable assetsHigh spreads
Lots of educational materialHigh minimum deposit requirements
MetaTrader4 available

 

Noor CM Leverage

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

 

Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

 

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

 

For example, on a 1% margin a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged. Noor CM offers a maximum leverage ratio of 1:400.

 

Noor CM Account Types

Noor CM Account Types

 

A forex account at Noor CM is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

 

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulation authorities under whose jurisdiction it falls.

 

📍 Noor CM offers the following types of accounts:

➡️ Standard Account – This account type offers fixed spreads, a maximum leverage of up to 1:100, a minimum deposit requirement of 1000 USD and the following tradeable assets; Forex, Indices, Commodities, Energies and Agriculture.

➡️ Standard Market Account – This account type offers fixed spreads, a maximum leverage of up to 1:100, a minimum deposit requirement of 1000 USD and the following tradeable assets; Forex, Indices, Commodities, Energies and Agriculture.

➡️ Standard Variable Account – This account type offers variable spreads, a maximum leverage of up to 1:100, a minimum deposit requirement of 1000 USD and the following tradeable assets; Forex, Indices, Commodities, Energies and Agriculture.

➡️ Plus Account – This account type offers variable spreads, a maximum leverage of up to 1:400, a minimum deposit requirement of 500 EUR and you are only able to trade currencies.

 

Noor CM Market instruments

Noor CM Market instruments

 

The most popular market instruments available from most brokers for trading include:

 

Forex

Forex trading describes the currency exchange market which refers to the global, decentralised marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

 

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management.

 

Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

 

Indices

Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

 

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

 

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

 

📍 Noor CM offers the following of the above:

➡️ CFDs

➡️ Metals

➡️ Over 45 currency pairs

➡️ Cryptocurrencies

➡️ Indices

➡️ Stocks

➡️ Oil

 

Noor CM Fees

Cost depends on different factors, like spread and margins, and Noor CM clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.

 

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

 

Noor CM does not charge Swaps on open positions in the Majors, no commission charges either but slightly high spreads on currency pairs, between 2 pips and 2.1 pips.

 

Noor CM Deposits and Withdrawals

Noor CM Deposits and Withdrawals

 

Accounts usually requires a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ.

 

📍 In the case of Noor CM, the following methods and minimum deposits are required:

➡️ Visa

➡️ Mastercard

➡️ Bank Transfer

➡️ K Net

➡️ Naps

➡️ Benefit

 

Noor CM Trading platform

Noor CM Trading platform

 

The forex trading platform provided by Noor CM to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

 

📍 Noor CM provides the following trading platforms:

➡️ MetaTrader4

➡️ Web Trader

➡️ Mobile Trader

 

How to open an account with Noor CM

Similarly to a bank, to register a forex trading account with Noor CM for the first time, you will be required to go through a basic “know your customer” process.

 

This will allow Noor CM to ascertain that your submitted details and ensure the safety of your funds and account details.

 

With Noor CM the process entails logging onto their website, where you will have to follow the easy step by step guide, answering some basic financial questions and submitting documents like a copy of your ID as proof of identification.

 

Conclusion

Noor CM can be described as a reliable broker with an impressive variety of tradable assets and a good set of educational material with plenty of useable research tools. That said, they have very high minimum deposit requirements and the spreads are well above the market average.

 

Min Deposit

USD 1000

Regulators

SPK

Trading Platform

MT4, Web based platform, Mobile platform

Crypto

Yes

Total Pairs

45+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Disclaimer

Noor CM warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

 

Before deciding to trade with Noor CM, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

 

Noor CM warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable.  Noor CM cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

Frequently asked questions

TRADING ENVIRONMENT

How many instruments can I trade with Noor CM?

You can trade several different instruments with Noor CM, which include the following:

  • CFDs
  • Metals
  • Over 45 currency pairs
  • Cryptocurrencies
  • Indices
  • Stocks
  • Oil

 

Which platforms are supported by Noor CM?

Noor CM provides the following popular trading platforms:

  • MetaTrader4
  • Web based platform
  • Mobile platform

 

Does Noor CM offer leverage?

Yes, Noor CM offers a maximum leverage of 1:400

 

What spreads can I expect with Noor CM?

Noor CM offers spreads between 2 pips and 2.1 pips

 

If details on the website is not comprehensive, more information can be obtained from the customer support service.

 

Does Noor CM charge commission?

No, there are no extra commission charges on trades

 

Is Noor CM regulated?

Yes, Noor CM is regulated by SPK (Capital Markets Board)

 

Is Noor CM a recommended forex trading broker for experts and beginners?

Noor CM offers a fair-trading environment for all types of traders/beginners/experienced traders.

 

What is the overall rating out of 10 for Noor CM?

7.6/10

 

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.

 

Does Noor CM offer a demo account?

Yes

 

How long is the demo account valid?

The demo account can be used for 15 days only

 

Which live trading accounts does Noor CM offer?

  • Standard Account
  • Standard Market Account
  • Standard Variable Account
  • Plus Account

 

What are the available deposit currencies for a live trading account?

USD, EUR, KD

 

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for Noor CM?

1000 USD

 

How do you make a deposit and withdrawal with Noor CM?

Noor CM offers the following deposit methods:

  • Visa
  • Mastercard
  • Bank Transfer
  • K Net
  • Naps
  • Benefit

 

Withdrawals can be done via:

  • Visa
  • Mastercard
  • Bank Transfer
  • K Net
  • Naps
  • Benefit

 

Does Noor CM charge withdrawal fees?

No, but fees from financial institution may apply

 

How long does it take to make a withdrawal?

Depending on bank services it may take several days for the money to be available.

 

5/5 - (5 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 26, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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