
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 usable research tools.
🛡️ Regulated and trusted by the CMA, SCA, and JSC.
🛡️ 1453 new traders chose this broker in the last 90 days.
🛡️ Available for South African Traders

- 💰 Min Deposit: $250
- 📈 Leverage: Up to 1:100
- 🏦 Regulators: CMA, SCA, CMB, JSC
| 🔍 Feature | ![]() |
| 💰Minimum Deposit | $250 |
| 🎁Sign-Up Bonus | Promotional offers may be available periodically for new clients. |
| 💸Fees | Transparent fee structure with competitive trading costs and no hidden charges. |
| 📉Spreads & Commissions | Tight spreads with low commissions depending on the trading instrument and account type. |
| 💳Deposit & Withdrawals | Multiple secure payment methods with fast processing times and low transaction costs. |
| 🖥️Platforms | Offers advanced trading platforms with real-time data, charting tools, and automated trading features. |
| 🛡️Regulation | Regulated and trusted by the CMA, SCA, CMB, and JSC |
| 🔐Trust Score | High – recognized for transparency, client security, and reliability. |
| ⏱️Payout Schedule | Withdrawals typically processed within 1–3 business days depending on payment method. |
| 📝Sign up | 👉 Open Account |
Noor CM Spider Chart

Pros and Cons
| ✅ Pros | ❌ Cons |
| A good variety of tradeable assets | High spreads |
| Lots of educational material | High minimum deposit requirements |
| MetaTrader4 available |
Overview

- NCM Investment is a Kuwait‑based, fully regulated online brokerage firm offering multi‑asset trading to clients globally.
- It enables investors to access a diverse range of financial markets — including forex, commodities, metals, stocks, and indices — via a unified trading platform.
- The company emphasises fast execution, competitive spreads, and a seamless mobile experience, positioning itself as a trusted partner in the global markets since its establishment in 2009.
- With licenses across jurisdictions and a commitment to service excellence, NCM aims to provide both novice and experienced traders with a modern, intuitive environment for online trading.
Featured Offered
- The featured offering from NCM Investment is a globally recognized multi-asset online trading platform designed to provide seamless access to diverse financial markets.
- It allows trading in Forex, commodities, metals, indices, and equities with fast execution, competitive spreads, and low margin requirements.
- The platform supports both desktop and mobile trading, offering real-time market monitoring and account management on the go.
- NCM emphasizes robust security, reliable customer support, and educational resources through its academy, making it suitable for both new and experienced traders seeking a regulated and award-winning trading environment.
| 🧩 Feature | ![]() |
| 🏦 Account Types | Offers multiple account types tailored to traders of all levels, including Standard, ECN, and Professional accounts. |
| ⚖️ Leverage | 1: 100 |
| 📉 Spreads & Commissions | Competitive spreads with low or zero commissions depending on the selected account type. |
| 🌐 Instruments Offered | Includes Forex, commodities, indices, shares, and cryptocurrencies. |
| 🖥️ Trading Platforms | Provides access to modern trading platforms with advanced charting, analytics, and order execution tools. |
| ☪️ Islamic (Swap-Free) Accounts | Available for traders who follow Sharia-compliant trading principles. |
| 🖧 Free VPS Hosting | Offered to clients with qualifying account balances or trading volumes for seamless automated trading. |
| 👥 Copy Trading | Supports social and copy trading options for following experienced traders. |
| 🛡️ Client Fund Security | Client funds are held in segregated accounts with top-tier financial institutions. |
| 📋 Regulatory Oversight | Supervised and regulated by the Capital Markets Authority (CMA) in Kuwait for transparency and compliance. |
Noor CM Customer Reviews
- Customer reviews of Noor CM show a mixed to negative sentiment. Several users report that account managers encouraged high-risk trades and large deposits, leading to significant losses, while others mention fast deposits and withdrawals, 24-hour support, and a sense of trust in the platform.
- Independent reviews highlight strengths such as service options and educational resources, but also caution about high minimum deposits, wider spreads, and very high leverage, which increase risk.
- Overall, Noor CM offers legitimate trading infrastructure, but potential clients should exercise caution and carefully verify how funds are managed.
| 🔍Aspect | 🔖Details |
| 🌟Overall Rating | Noor CM has mixed reviews, with an overall trust score around 75/100, equivalent to approximately 3.5 to 4.3 out of 5 stars across several review platforms. |
| 👏Customer Satisfaction | Many clients appreciate Noor CM’s educational resources, wide asset selection, and convenient funding methods. However, some traders express concerns about higher spreads, minimum deposit requirements, and occasional withdrawal delays. |
| 📞Customer Service | Customer support is generally rated as good, with accessibility via phone, email, and live chat. Some users praise prompt assistance, while others mention repeated sales calls and inconsistent follow-up on inquiries. |
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
![]() | Traders highlight reliable execution and good platform functionality, though some mention limited account transparency. | ⭐⭐⭐⭐☆ |
![]() | Mixed reviews – positive notes on customer support, but some users report delays in withdrawals. | ⭐⭐⭐☆☆ |
![]() | Generally favorable comments on ease of use and support responsiveness, with few concerns about account verification times. | ⭐⭐⭐⭐☆ |
![]() | Clients appreciate professionalism and platform speed; occasional complaints about initial setup complexity. | ⭐⭐⭐⭐☆ |
![]() | Positive remarks on helpful staff and educational materials, though some report inconsistent communication follow-ups. | ⭐⭐⭐⭐☆ |
![]() | Strong reputation overall; users value transparency and support quality, with occasional feedback on withdrawal speed. | ⭐⭐⭐⭐☆ |
Noor CM Safety and Security

- Noor Capital Markets (NCM) prioritizes client safety and security by operating under strict regulatory oversight, including licensure from the Kuwait Capital Markets Authority.
- They provide a secure, transparent trading environment with advanced technology ensuring safe account access, reliable execution, and protection of client funds.
- Trusted payment methods and robust compliance measures further reinforce their commitment to safeguarding investors while offering access to global financial markets.
What measures does Noor CM take to ensure the safety of client funds?
Noor CM maintains strict regulatory compliance, segregates client accounts, and implements advanced security protocols on its trading platform, ensuring that client funds are protected and transactions are executed safely and transparently.
How does Noor CM protect personal and account information?
Noor CM uses encrypted systems, secure login procedures, and continuous monitoring to safeguard client data, ensuring that personal and financial information remains confidential and secure from unauthorized access or cyber threats.
| 🛡️ Security Feature | ![]() |
| 💼 Regulation & Licensing | Regulated and trusted by the CMA, SCA, CMB, and JSC |
| 🏦 Segregated Client Accounts | Client funds are held in segregated accounts separate from company operational funds to ensure safety and transparency. |
| 📝 Lloyd’s of London Insurance | No specific mention of Lloyd’s of London insurance coverage; standard fund protection measures apply under CMA oversight. |
| 🔐 Capital Strength & Credit Rating | Maintains strong capitalization and operates under financial stability standards required by its regulator. |
| 🔒 Account-Level Security (Crypto) | Employs encryption and secure login protocols; while not crypto-focused, it provides strong cybersecurity protection for all accounts. |
| 📈 Negative Balance Protection | Yes – traders are protected from losing more than their deposited funds during high market volatility. |
| 🧾 Transparent Compliance & Audits | Regularly audited for compliance with CMA regulations, ensuring operational transparency and adherence to financial best practices. |
Noor CM at a glance
| Broker's Name | ![]() |
| 📍 Headquartered | City of Kuwait, Kuwait |
| 📅 Year Founded | 2009 |
| ⚖️ Regulating Authorities | Regulated and trusted by the CMA, SCA, CMB, and JSC |
| 🌐 Countries not accepted for trade | United States of America and Canada |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:400 |
| 💰 Minimum Deposit | $250 standard account |
| 💳 Deposit Options | Visa, Mastercard, Bank Transfer, K Net, Naps and Benefit |
| 💳 Withdrawal Options | Visa, Mastercard, Bank Transfer, K Net, Naps and Benefit |
| 💻 Platform Types | MetaTrader4, Web based platform, Mobile platform |
| 📱 OS Compatibility | Yes, mobile |
| 📈 Tradable assets offered | CFDs, Metals, Over 45 currency pairs, Cryptocurrencies, Indices, Stocks and Oil |
| 👨💼 Languages supported on Website | English and Arabic |
| 👥 Customer Support Languages | English and Arabic |
| 📆 Customer Service Hours | 24/7 |
| 📝Sign up | 👉 Open Account |
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 differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.
Demo Account

- This account type allows users to open a practice trading environment with virtual funds.
- It’s designed for beginners and those wanting to test strategies without risk, offering a range of balance options from USD 3,000 up to USD 1,000,000.
- The demo account gives access to the platform features, execution modes, and market instruments, enabling traders to become familiar with the system of Noor Al Mal before committing real capital.
Standard Account

- This is the main live trading account type, designed for traders who want a straightforward real‑money setup.
- It features variable spreads, leverage up to 1:100, no commission charged (under the stated structure), hedging is allowed, and execution is via market execution.
- A swap‑free option is also available, and the stop‑out level is 10 %. This account suits traders who already have some experience and want to trade a variety of instruments with full support for Expert Advisors (EAs) and a standard platform environment.
Students Account

- This account type is tailored for new or young traders with a lower minimum deposit requirement compared to the standard account.
- It retains many of the same features: variable spreads, leverage up to 1:100, no commission, hedging allowed, market execution, swap‑free option, and a stop‑out level of 10 %.
- The idea behind this account is to make entry into real‑market trading more accessible for beginners or students, allowing them to start with a smaller amount of capital while benefiting from the same trading infrastructure.

- 💰 Min Deposit: $250
- 📈 Leverage: Up to 1:100
- 🏦 Regulators: CMA, SCA, CMB, JSC
What types of accounts does Noor CM offer for traders?
Noor CM provides multiple account types designed to suit different trading needs, including standard accounts for everyday traders and premium accounts offering enhanced features, lower spreads, and personalized support, ensuring flexibility for both beginners and experienced investors.
How can I choose the right Noor CM account type for me?
Choosing the right account depends on your trading experience, investment goals, and preferred instruments. Noor CM offers clear comparisons of account features, such as leverage, spreads, and available assets, helping traders select an account that aligns with their risk tolerance and trading style.
How to Open a Noor CM Account – Step-by-Step Guide
Step 1: Visit the Registration Page
- Go to the Noor CM website and locate the “Open Account” or “Register” button.
- You will be prompted to start a new account application by providing basic personal details such as your full name, email, phone number, and country of residence.
Step 2: Complete the Application Form
- Fill out the account application form with accurate information, including your address, date of birth, and preferred account type.
- You may also need to specify your trading experience and investment goals to ensure your account matches your needs.
Step 3: Verify Your Identity
- Submit the required documents for verification. Typically, this includes a government-issued ID or passport and proof of address (like a utility bill or bank statement).
- This step ensures compliance with regulatory requirements and enhances the security of your account.
Step 4: Fund Your Account and Start Trading
- Once your account is approved, deposit funds using one of Noor CM’s supported payment methods.
- After the deposit is processed, you can log in to the trading platform, set up your trading preferences, and begin trading immediately.

- 💰 Min Deposit: $250
- 📈 Leverage: Up to 1:100
- 🏦 Regulators: CMA, SCA, CMB, JSC
Noor CM Fees and Spreads
- 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.
What are the typical trading fees at Noor CM?
Noor CM offers competitive trading fees that vary depending on the account type and instrument. Fees are structured transparently, including commissions on certain assets and variable spreads on currency pairs, ensuring traders can clearly anticipate costs before executing trades.
How does Noor CM handle spreads on different trading instruments?
Noor CM provides variable spreads that adjust based on market conditions and the instrument being traded. Major currency pairs generally feature tight spreads, while exotic pairs or less liquid instruments may have wider spreads, reflecting market volatility and liquidity.
| 📌 Broker | ![]() |
| 📈 Trading Fees Class | Competitive and transparent fee structure with spreads and commissions varying by account type and instrument traded. |
| 💰 Required Min Deposit | Typically starts from around $100, depending on the chosen account type. |
| 🔁 Withdrawal Fee | Generally low or zero, though fees may apply depending on payment method or intermediary bank charges. |
| 💳 Deposit Fees | Usually free of charge; most payment methods are processed without additional deposit costs. |
| 📝 Average Spread | Tight spreads starting from approximately 1.2 pips on major currency pairs, with lower rates for ECN accounts. |
| 📝Sign up | 👉 Open Account |
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.
MetaTrader 5 (MT5)
- KABKG highlights MT5 as a versatile, multi-asset platform supporting forex, exchange instruments, and futures trading.
- It is designed to be user-friendly while providing advanced trading features, including automated trading through Expert Advisors, real-time market analytics, and full compatibility across desktop, web, and mobile devices.
- MT5 allows access to a wide range of trading instruments, offers multi-language and multi-currency support, and ensures low spreads and fast execution, making it a reliable choice for both beginner and professional traders.

- 💰 Min Deposit: $250
- 📈 Leverage: Up to 1:100
- 🏦 Regulators: CMA, SCA, CMB, JSC
What trading platforms does Noor CM offer for clients?
Noor CM provides a range of advanced trading platforms designed for both beginner and professional traders, including user-friendly desktop and mobile options, allowing access to multiple asset classes, real-time market data, charting tools, and seamless order execution.
Is Noor CM’s trading platform secure for conducting transactions?
Yes, Noor CM’s trading platform uses advanced encryption and security protocols to protect client data and funds, ensuring safe login, order placement, and account management while maintaining transparency and compliance with regulatory standards.
Noor CM Deposits and Withdrawals
- Noor CM (NCM Investment) allows clients to deposit and withdraw funds through multiple payment methods.
- For deposits, options include credit/debit cards, bank transfers, and regional solutions depending on the client’s jurisdiction.
- Withdrawals are processed through similar channels, usually via the same method used for depositing, ensuring funds are returned only to personal accounts in the client’s name to comply with anti‑money‑laundering regulations.
- The broker also supports these transfers via its mobile app, allowing clients to check account details, upload documents, and request withdrawals directly.
What payment methods can I use to deposit funds into my Noor CM account?
Noor CM supports a variety of trusted payment methods, including bank transfers, credit/debit cards, and e-wallets. Deposits are processed securely, ensuring funds are credited promptly to your trading account while maintaining strict safety and compliance standards.
How long does it take to withdraw funds from my Noor CM account?
Withdrawal processing times at Noor CM vary depending on the method used, typically ranging from a few hours to a few business days. All withdrawals are handled securely, with verification procedures in place to protect client funds and prevent unauthorized access.
| 💠 Feature | 💰 Deposit | 💸 Withdrawal |
| 🏦 Payment Methods | Bank transfer, credit/debit cards, and popular e-wallets such as Skrill and Neteller. | Bank transfer, credit/debit cards, and e-wallets matching the original funding method. |
| ⏱️ Processing Time | Deposits are usually processed instantly or within a few hours depending on the payment method. | Withdrawals are typically completed within 1–3 business days after verification. |
| 💵 Minimum Amount | Minimum deposit starts from approximately $100 depending on account type. | Minimum withdrawal amount varies by method but usually starts from $20. |
| 💳 Fees | No internal deposit fees; external provider charges may apply. | Low or no withdrawal fees, though third-party or bank transfer fees may apply. |
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 to 500:1.
- Margin is the amount of collateral to cover any credit risks that may arise during your trading operations.
Noor CM vs IG – A Comparison
| 🏦 Feature | ![]() | ![]() |
| 💰 Minimum Deposit | $250 standard account | USD 0 (i.e., no formal minimum) according to BrokerChooser. |
| 💳 Deposit Fees | Not clearly stated / less transparent in public review. | No deposit fees for bank/card methods (except certain credit‑card % fee) e.g. 2.1% for credit card in South Africa. |
| 💸 Withdrawal Fees | Not clearly specified in reviewed sources. | No internal withdrawal fees in many jurisdictions; some currency‑conversion fees may apply. |
| 📉 Average Spread (EUR/USD) | Spreads described as “slightly higher than competitors”; specific average not given in review. | Average spread ~ 0.84 pips on EUR/USD in one review. |
| 💼 Commission | Review states “low trading commissions” but no concrete per‑lot figure found publicly. | For Forex CFD account: no commission (cost in spread). For DMA account: ~$3 per lot per side ($6 round‑turn) in some regions. |
| 📝Sign up | 👉 Open Account | 👉 Open Account |
Noor CM Research
- The research arm of NCM Investment (often referred to as “Noor CM research”) supports traders by publishing timely market analysis, economic commentary, and educational materials.
- Through its affiliate NoorCM Academy, the group hosts regular webinars and workshops that delve into both technical and fundamental analysis, helping participants navigate foreign‑exchange, commodities, and equities markets in the Middle East and globally.
🏆 10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 | ![]() | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | ![]() |
| 🥈 | ![]() | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 | ![]() |
| 🥉 | ![]() | Read Review | CySEC, MWALI, FSCA | $25 | ![]() |
| 4 | ![]() | Read Review | ASIC, CySEC, FSA, SCB | $200 | ![]() |
| 5 | ![]() | Read Review | FSA, FSCA | $250 | ![]() |
| 6 | ![]() | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 | ![]() |
| 7 | ![]() | Read Review | FSC, FSCA | $50 | ![]() |
| 8 | ![]() | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 | ![]() |
| 9 | ![]() | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 | ![]() |
| 10 | ![]() | Read Review | FSA, CySEC, FSCA, FSC | $10 | ![]() |
Customer Reviews
⭐ Aristos Panteli serves as a Senior Account Manager, providing expert guidance to clients.
⭐ I received great assistance from Aristos Panteli, who ensured all my questions were answered promptly and clearly.
⭐ I have worked with many different professionals, and Aristos Panteli stands out for his knowledge, support, and professionalism.
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 usable research tools.
That said, they have very high minimum deposit requirements, and the spreads are well above the market average.
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.
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Frequently asked questions
What services does NCM Investment offer?
NCM Investment provides online trading services in Forex, commodities, metals, stocks, and indices, offering clients access to global markets through a multi‑asset platform, with advanced tools for analysis and execution.
Is NCM Investment regulated?
Yes, NCM Investment is licensed and regulated by the Kuwait Capital Markets Authority, ensuring compliance with industry standards and providing clients with a secure and transparent trading environment.
What type of trading platform does NCM use?
The company offers its online trading services via the MetaTrader 5 platform, which provides fast execution, competitive spreads, advanced charting tools, and access to multiple asset classes for diverse trading opportunities.
Can I open a demo account with NCM Investment?
Yes, NCM provides a free demo account option, allowing prospective traders to practice trading in a risk‑free environment, test strategies, and familiarize themselves with platform features before committing real funds.
What kinds of assets can I trade with NCM?
Clients can trade a wide variety of assets, including currency pairs, commodities like oil and gold, stock indices, and equities, providing multiple opportunities for diversification and strategic portfolio growth.
Are there educational resources available through NCM Investment?
Yes, NCM runs the Noor CM Academy, offering webinars, workshops, tutorials, and tailored training materials for both beginner and experienced traders to develop knowledge, skills, and confidence in trading.
What are the risks of trading with NCM Investment?
Trading with leverage and CFDs carries a risk of losses exceeding deposits. NCM emphasizes that trading involves high risk, encourages careful strategy planning, and advises traders to understand the risks before engaging in live trading.
Which countries does NCM serve?
NCM Investment serves clients across multiple countries, including Kuwait, UAE, and Turkey, with a client base spanning over 65 countries, providing support and access to international financial markets.
How do I fund my account at NCM Investment?
Accounts can be funded using secure and approved payment methods. Clients can deposit funds into their trading account to begin trading, with processes designed to be fast, reliable, and fully compliant with regulatory standards.
Is NCM Investment appropriate for beginners?
Yes, NCM supports beginner traders through its Academy, educational resources, and demo accounts. While advanced tools are available for experienced traders, beginners are advised to start cautiously and learn trading fundamentals before using real funds.
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