Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Noor Capital Pros & Cons
- Provision of services under a brokerage license;
- No limits on deposit amounts;
- Availability of PAMM and MAM accounts for passive income;
- No fees for depositing or withdrawing funds;
- Accessible partnership programs for earning through referrals and establishing own branches using the company's infrastructure.
- Limited choice of payment methods for deposits and withdrawals;
- Absence of cent accounts for low-risk trading;
- Prohibition on scalping (orders must be closed no sooner than three minutes after opening).
TU Expert Verdict
Noor Capital carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
Noor Capital User Reviews
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5-star
0%
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4-star
33%
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3-star
67%
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2-star
0%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria10 /10The trading and non-trading commissions of Noor Capital have been analyzed and rated as having Low fees, with a fees score of 10/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is Noor Capital Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria5.8 /10Noor Capital has a safety score of 5.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4 /10Noor Capital offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Low minimum deposit
- Standard account with balanced trading conditions
- No Cent account
- No VIP account option
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10Noor Capital received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria8.3 /10Noor Capital offers a wider selection of trading assets than the market average, with over 10600 tradable assets available, including 60 currency pairs.
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Trading Account Opening
We successfully registered an account with Noor Capital in 10 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Noor Capital is $500.Score:We evaluated Trading Account Opening at Noor Capital by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.7 /10Overall, the account setup process is efficient and suitable for most traders.
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Customer Support
Score:We evaluated Customer Support at Noor Capital by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.8 /10
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FAQs
How is Noor Capital regulated and what does its safety score indicate?
Noor Capital has a safety score of 5.8/10, which corresponds to a Medium security level in this review. It is regulated by the Capital Market Authority (CMA) in the United Arab Emirates, a Tier-2 regulator, and offers negative balance protection and mandatory KYC, but it is not Tier-1 regulated and has a track record of less than 8 years, with the exact foundation date not specified in the section.
What types of trading accounts does Noor Capital provide and what are their key features?
Noor Capital offers Demo, Standard, and ECN/Raw spread accounts, but does not provide Cent or Micro accounts, nor Swap Free, VIP, or Managed options. Standard accounts have Forex spreads starting from 2 pips on EUR/USD with market execution and no additional trading or non-trading commissions, there is no minimum deposit requirement across accounts, leverage is available up to 1:400, and trading can be done via browser, MetaTrader 4 desktop, and the proprietary Stocks Trading Platform.
What do Noor Capital user reviews and feedback scores show about client satisfaction?
Noor Capital has a user satisfaction score of 6.7/10 based on 3 reviews, with 33% of ratings at 4 stars and 67% at 3 stars, and no 5-star, 2-star, or 1-star ratings. According to user reviews, overall impressions are mixed rather than strongly positive or negative.
What do reviews say about Noor Capital deposit and withdrawal methods and conditions?
The section indicates that Noor Capital has a Low safety score of 4.5/10 for deposit and withdrawal efficiency and convenience, with limited payment options that may affect its competitiveness. It supports bank cards and bank wire transfers, offers a minimum deposit below the industry average, no withdrawal fee, and base account currencies in USD, AED, and BHD, while BTC and USDT are not accepted and the minimum deposit and withdrawal amounts are stated as $500 and $100 respectively, which may vary by account type and payment method.
How do clients describe the Noor Capital account opening process in their feedback?
The account opening process at Noor Capital is described as fully online, with registration taking about 10 minutes and KYC verification typically completed within 2 business days, and the minimum deposit set at $500. Based on user feedback in this section, the process is considered efficient for most traders, although account approval may require extra time depending on the documentation provided.
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