Noor Capital

This independent Noor Capital review analyzes the broker's regulation, trading fees, and platform performance to help you make an informed decision. We examine essential operational data to answer a crucial question: is Noor Capital a good broker for your trading style?

Is Noor Capital Legit and Safe?

Noor Capital is a legitimate and licensed broker overseen by several authorities including the FCA and SCA, meaning client safety is highly dependent on which of its global entities manages your account.

What Is Noor Capital? Company Background

Noor Capital PSC was established in December 2005 as a private joint-stock company registered with the Abu Dhabi Department of Economic Development. Headquartered in Abu Dhabi, UAE, with additional offices in Dubai, the firm has spent over two decades building a presence in the Middle East as a financial services provider. Rather than functioning solely as a retail Forex broker, Noor Capital acts as a multi-asset investment house offering wealth management, financial advisory, and fund administration alongside retail and institutional trading services.

Noor Capital Regulation

Noor Capital is regulated by the Financial Conduct Authority (FCA), the Securities and Commodities Authority (SCA), and the Financial Services Authority (FSA). These regulatory bodies range from strict top-tier jurisdictions to offshore oversight zones. You can check the FCA official website to verify Noor Capital's license status by searching for license number 631382.

The table below details the specific corporate entities and regulatory protections associated with Noor Capital's international operations.

While clients registered under the UK FCA entity receive the strongest tier-1 financial safeguards, those onboarding via regional or offshore entities trade with fewer retail protections.

Which Noor Capital Entity Serves Your Region?

• UK and European Clients: Onboarded through Noor Capital UK Limited (formerly House of Borse), which operates under strict FCA rules. Under this entity, retail traders benefit from segregated accounts, negative balance protection, and access to the Financial Ombudsman Service (FOS) if a dispute arises.
• UAE and GCC Clients: Managed by Noor Capital PSC, regulated directly by the UAE Securities and Commodities Authority (SCA). This regional registration is highly secure for Middle Eastern investors, requiring rigorous capital adequacy and local auditing, but it does not offer a standardized retail investor compensation fund.
• International Clients (Rest of World): Typically onboarded through Noor Capital Limited in the Seychelles, which is regulated by the FSA. While this offshore onboarding allows for faster registration, higher leverage, and flexible funding, it lacks the stringent safety nets and investor protection schemes found under UK oversight.

Restricted Countries

• United States: Noor Capital does not accept clients residing in the United States, including U.S. citizens and green card holders, due to CFTC regulatory constraints.
• Other Unsupported Jurisdictions: Services are unavailable to residents of sanctioned or high-risk jurisdictions, such as Iran, North Korea, Syria, Cuba, and other countries identified on FATF compliance blacklists. Local regulations in countries like Canada (specifically certain provinces) and Japan also restrict retail client registration with this broker.

Client Fund Protection

Noor Capital maintains segregated accounts for all retail clients across its primary jurisdictions, ensuring that trading funds are never combined with the company’s operating capital. Under the UK FCA regime, client money is held strictly at tier-1 financial institutions and is protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person in the event of broker insolvency. However, clients under the SCA (UAE) and FSA (Seychelles) jurisdictions do not have access to an equivalent government-backed compensation fund, meaning safety in those regions relies on the company’s internal capital stability and local corporate laws. Furthermore, negative balance protection is legally guaranteed for retail accounts under FCA regulation, but it is not universally offered across their offshore and Middle Eastern trading divisions.

Noor Capital User Reviews and Trustpilot Rating

Noor Capital holds a Trustpilot rating of 2.5/5 based on 18 reviews, reflecting a generally poor and highly mixed user sentiment as of June 2026. While this limited number of reviews represents a small sample size, the feedback highlights specific themes regarding the customer experience.

On the positive side, satisfied clients highlight the following recurring points:

• Local Physical Presence: Traders value the ability to visit the broker's actual physical offices in Dubai and Abu Dhabi for direct communication.
• Direct Educational Support: Several users appreciate the free training and personal assistance provided by assigned relationship managers.

Conversely, the recurring complaints from users center on:

• Delayed Withdrawals: Multiple reviewers express frustration with slow processing times and administrative hurdles when trying to withdraw their funds.
• Wider Spreads: Some clients complain that the actual trading spreads are wider than anticipated during volatile market periods.
• Aggressive Marketing Tactics: A notable portion of negative feedback concerns cold-calling practices and past associations with third-party promotional networks like "Smart Links," which some users felt were misleading.

To read individual accounts of customer experiences, you can See Noor Capital reviews on Trustpilot to gain deeper insight into their operational history.

Noor Capital Account Types

Noor Capital offers a tiered account structure spanning retail, institutional, and Sharia-compliant setups, with minimum deposits starting at $100 and leverage capped at a conservative 1:100.

Noor Capital Account Types and Minimum Deposit Requirements

To accommodate different types of traders, Noor Capital splits its account structures based on the specific corporate entity you register under. On their primary Middle Eastern and global entity (Noor Capital PSC), the entry barrier is relatively low. The Standard Account has a minimum deposit of $100, which makes it highly accessible for retail beginners who want to test the markets. This account features zero-commission trading and leverage up to 1:100, with variable spreads starting from 1.5 to 2.0 pips. While this zero-commission model keeps pricing simple for casual investors, the wider spreads mean active or high-frequency day traders will face higher overall costs over time. Furthermore, access to premium features, such as the comprehensive educational courses at Noor Academy, requires a higher account balance of at least $1,500.

Under their UK entity (Noor Capital UK Limited), the account offering is designed for professional and institutional-level traders, structured into four distinct options on the MT5 platform:

• Standard Account: This option charges zero commission and utilizes standard spread markups averaging around 1.9 pips on EUR/USD, making it suitable for casual traders who do not want to calculate per-trade fees.
• Silver Trader Account: This tier is for accounts trading less than $1 million in volume per month and charges a round-turn commission of $7 per $100,000 traded. It is designed for active retail traders seeking tighter ECN market execution spreads.
• Gold Trader Account: This tier requires a monthly volume up to $100 million ("Yard") and reduces the commission fee to $6 per $100,000 traded. This represents a 14% savings in execution costs, which benefits semi-professional traders who maintain high market turnover.
• Platinum Trader Account: This premium tier is reserved for high-volume institutional accounts trading over $100 million monthly, lowering commissions to a highly competitive $5 per $100,000 traded. This 28% discount minimizes trading drag, making it ideal for institutional and high-volume algorithmic traders.

Does Noor Capital Offer an Islamic Account?

Yes, Noor Capital provides fully Sharia-compliant, swap-free Islamic accounts designed specifically for traders of the Muslim faith. These accounts strictly prohibit any rollover or overnight interest charges (swaps) on held positions, ensuring that trading remains aligned with Islamic ethical principles. Traders can request swap-free status easily during the online registration process, though Noor Capital reserves the right to revoke this status if any form of hedging arbitrage or fee abuse is detected on the account.

Noor Capital Fees and Trading Costs

Noor Capital offers competitive floating spreads on commission-free accounts but charges volume-based commissions on ECN tiers, placing its overall costs in the market's mid-range.

Noor Capital Trading Fees (Spreads / Commission Fees / Swap and Overnight Fees)

Trading fees are split depending on the specific account type and trading platform used. For Standard account types, trading costs are built directly into the floating spread, meaning clients pay no upfront commissions. The minimum spread on major pairs like the EUR/USD starts as low as 0.4 pips, though typical retail spreads more commonly sit between 1.5 and 1.9 pips during standard market conditions.

Conversely, ECN and RAW accounts provide direct market spreads starting near 0.0 pips, in exchange for a flat commission. Under global entities, this commission is typically set around $2.50 per standard lot per side ($5.00 round turn). For clients using the UK entity, the commission follows a volume-based tier structure starting at $7 per $100,000 traded for Silver accounts, dropping to $5 per $100,000 traded for institutional-level Platinum accounts. Swap fees—the overnight interest debited or credited for holding positions past the daily server reset time—are calculated dynamically based on global interest rate differentials, unless trading under a swap-free Islamic account.

Noor Capital Non-Trading Fees (Inactivity Fees / Currency Conversion Fees)

Noor Capital offers a client-friendly policy regarding account maintenance. Unlike many retail brokerages that penalize dormant accounts, Noor Capital charges no inactivity fees, allowing long-term investors or seasonal traders to leave their accounts inactive without fear of balance erosion.

However, traders should remain aware of currency conversion fees. When trading assets denominated in a currency different from the account's base currency (such as trading EUR-denominated CFDs in an AED or USD account), a standard conversion fee—generally a small markup of 0.15% to 0.50% over the spot exchange rate—will apply to convert the realized profits or losses back into the account's primary currency.

Noor Capital Deposits & Withdrawals (Deposit and Withdrawal Methods / Withdrawal Speed and Minimum Limits / Deposit and Withdrawal Fees / Withdrawal Issues and User Complaints)

Noor Capital provides fee-free deposit and withdrawal options via bank transfers, credit cards, and major e-wallets, though processing delays can occur due to strict regulatory compliance checks.

The broker supports several popular payment processors, including international Bank Wire Transfers, Visa and MasterCard credit/debit cards, and major electronic wallets such as Skrill and Neteller. In addition, localized bank transfers are available to clients operating within the United Arab Emirates and broader GCC region.

Noor Capital itself does not charge any deposit or withdrawal fees. However, third-party charges, such as incoming bank wire fees or intermediary bank processing costs, may still apply. Deposits are generally credited instantly for credit cards and e-wallets, whereas bank transfers require 1 to 3 business days for national and international clearance.

When requesting a payout, the minimum withdrawal limit is typically set at $50, and funds must be returned to the exact same source used for the initial deposit. Payout processing usually takes between 24 and 72 hours under normal conditions.

Genuine user feedback and Trustpilot reviews reveal specific recurring complaints regarding withdrawal bottlenecks. Most of these disputes stem from the broker's rigid anti-money laundering (AML) protocols and strict ban on third-party deposits. If a client's trading account name does not exactly match the name on their credit card or bank account, the withdrawal is flagged, and transactions are suspended. Furthermore, some users express frustration over the compliance team requesting additional KYC documentation—such as bank statements or proof of address—midway through the payout process, which extends withdrawal timelines significantly beyond the standard 3-day window.

Noor Capital Trading Platforms, Conditions & Experience

Noor Capital delivers a dependable, multi-asset trading environment built around the industry-standard MT4 and MT5 software, combined with localized services and robust order-execution conditions.

Does Noor Capital Support MT4, MT5 & Mobile Trading?

Noor Capital supports both MetaTrader 4 and MetaTrader 5 across desktop, web, and mobile devices, alongside a specialized mobile app for real stock trading. Depending on your registered account and regional entity, the available software tools include:

• MetaTrader 4 (MT4): This classic platform is fully supported for Forex and CFD trading, allowing users to apply custom technical indicators and run automated Expert Advisors (EAs).
• MetaTrader 5 (MT5): Available across global and UK divisions, this upgraded platform provides advanced charting, direct multi-asset depth of market, and superior technical analysis capabilities.
• MT4/MT5 WebTrader: This web-based interface allows traders to log into their accounts securely from any desktop web browser without downloading external software files.
• Noor Capital (GTN) Mobile App: This specialized mobile application integrates with the Global Trading Network, enabling users to trade physical stocks and manage cash equities directly from iOS or Android smartphones.
• Noor Capital SC Trader: An advanced ECN-oriented mobile and desktop platform optimized for users registered under the offshore Seychelles entity.

What Can You Trade on Noor Capital? (markets and instruments)

Noor Capital provides access to over 1,000 global financial instruments spanning currencies, indices, hard and soft commodities, and equities. The specific range of tradable assets depends on the platform and account you utilize:

• Forex: Over 50 currency pairs, including majors, minors, and regional Middle Eastern crosses.
• Precious Metals & Energies: Spot contracts and futures on gold, silver, crude oil, Brent oil, and natural gas.
• Soft Commodities: CFDs on agricultural markets such as cocoa, coffee, sugar, and cotton.
• Global Indices: CFD contracts on major economic indices, including the S&P 500, Dow Jones, Nasdaq, FTSE 100, and Germany's DAX 40.
• Shares & Cash Equities: Direct stock trading on major U.S., European, and regional Middle Eastern exchanges.
• Cryptocurrency CFDs: Digital currency trading is selectively supported under offshore entities but remains restricted for retail accounts under the UK FCA entity due to local regulatory guidelines.

Noor Capital Leverage, Margin & Order Execution

Noor Capital operates on an STP/ECN market execution model with flexible leverage options that vary significantly based on your account's regulatory jurisdiction. The execution rules and margin limits reflect strict risk-management protocols:

• Order Execution: All transactions are routed as market orders to prevent requotes and ensure successful fills even during periods of thin market liquidity.
• UAE and Global Leverage: Leveraged trading under the main UAE Securities and Commodities Authority (SCA) entity is capped at a conservative 1:100 for retail clients.
• UK FCA Leverage: Retail accounts under UK jurisdiction are restricted to a maximum leverage of 1:30 on major forex pairs, while professional clients can qualify for leverage up to 1:100.
• Dynamic Margin System: Under the UK entity, the broker employs a tier-based dynamic margin requirement where larger trade sizes require progressively higher margin percentages on an individual instrument basis.

Noor Capital Research Tools & Educational Resources

Noor Capital excels in Middle Eastern educational support, offering structured training through the Noor Academy and daily multilingual insights via its Noor Trends portal. The learning and analytical tools are structured to benefit both beginners and advanced investors:

• Noor Academy: This specialized training division offers structured physical and online courses, including the "Nanodiploma" program, designed to take traders from foundational concepts to professional-level strategy development.
• Noor Trends Portal: An ISO-certified news and analysis platform that publishes daily technical charts, weekly economic reports, and global macroeconomic updates in both Arabic and English.
• Live Webinars & Workshops: The broker hosts free, interactive webinars (such as "Invest Smarter, Not Harder") scheduled around GCC and international timezone segments.
• Built-in Platform Tools: Real-time trading signals, an economic calendar, historical charts, and technical indicators are available directly within the client terminal.

How Good Is Noor Capital Customer Support?

Noor Capital provides responsive 24/5 customer support via phone, email, and live chat, with physical branch offices in Abu Dhabi and Dubai offering in-person assistance. The communication channels reflect a localized, customer-centric approach:

• Physical Office Consultations: Clients in the GCC can visit the broker’s physical headquarters in Abu Dhabi (Montazah Tower B) or its primary branch in Dubai (Sheikh Zayed Road) for hands-on account help.
• Direct Phone Assistance: Dedicated telephone hotlines are operational 24/5 to handle client queries (+971 2 626 6888 for Abu Dhabi, +971 4 279 5400 for Dubai, and +44 203 327 7001 for London).
• Email Support Channels: Inquiries are routed to specialized desks, including general questions (info@noorcapital.ae) and onboarding operations (ops@noorcapital.ae).
• Multilingual Support: The entire customer service team is fully bilingual in Arabic and English, providing clear communication for both local Middle Eastern and global retail traders.

Who Is Noor Capital Best For?

Noor Capital is highly tailored for Middle Eastern investors, educational seekers, and high-volume ECN traders, though it is less competitive for low-budget global scalpers who require razor-thin retail spreads.

Is Noor Capital Good for GCC-Based and Regulation-Focused Traders?

Noor Capital is exceptionally well-suited for GCC-based and regulation-focused traders who value regional licensing, local banking integration, and face-to-face customer service. The broker's physical headquarters in Abu Dhabi and offices in Dubai, combined with strict regulation by the UAE Securities and Commodities Authority (SCA), make it a highly secure regional hub. Having access to physical walk-in support and local bank transfers in AED eliminates the foreign exchange friction and trust issues often associated with offshore brokers, making it a premium choice for high-net-worth Middle Eastern investors who want safe, local custody of their capital.

Is Noor Capital Good for Beginners?

Noor Capital is a solid option for trading beginners who prioritize structured educational materials and low starting requirements over aggressive pricing models. The combination of a low $100 minimum deposit, zero-commission standard account structures, and the highly organized, ISO-certified educational ecosystem of Noor Academy makes it easy for newcomers to build trading confidence. Beginners can leverage direct personal support from bilingual relationship managers and register for swap-free Islamic accounts to trade in alignment with Sharia principles without paying rollover fees. However, the wider standard spreads mean that complete novices must eventually learn to manage their transactional costs as they trade larger volumes.

Is Noor Capital Good for High-Volume Day Traders?

Noor Capital is highly efficient for professional and high-volume day traders who can qualify for deep ECN commission discounts, but it is less attractive for casual, low-volume scalpers. For active traders managing substantial portfolios, the volume-based ECN pricing structures (Gold and Platinum tiers on MT5) offer exceptionally low commission rates—dropping as low as $5 per $100k traded. Combined with deep market liquidity and fast STP order routing, high-frequency day traders can minimize slippage and trading drag. Conversely, casual traders or retail scalpers with low monthly volumes will find the standard ECN commission of $7 per $100k (Silver tier) or the 1.9-pip markup on Standard accounts too costly compared to specialized discount retail brokers.

Best for: Local GCC investors, institutional-grade day traders, and beginners seeking hands-on local education. · Less ideal for: Ultra-low-budget global retail scalpers and traders looking for high offshore leverage.

Compare Noor Capital with Other Popular Brokers

Comparing Noor Capital to major competitors reveals key operational tradeoffs in regulatory safety, standard trading spreads, and minimum deposit requirements.

Noor Capital vs ADSS

Noor Capital operates as a specialized investment house with premium regional advisory services, whereas ADSS functions as a high-volume retail specialist offering deeper platform customization. Both entities maintain strong local credibility through registration under the UAE Securities and Commodities Authority (SCA), ensuring high deposit security for GCC residents. However, standard account spreads at ADSS are slightly more competitive, averaging 1.2 pips on major currency pairs, while Noor Capital's standard spreads average between 1.5 and 1.9 pips. Furthermore, Noor Capital provides access to MT4 and MT5 alongside physical advisory support; by contrast, the competitor relies on its proprietary ADSS trading platform alongside MT4, leaving out MT5 users.

Takeaway: Noor Capital is the better choice for hands-on, face-to-face regional advisory; ADSS suits casual retail traders seeking lower standard spreads.

Noor Capital vs Equiti

Noor Capital is overseen directly by the SCA and provides structured regional learning hubs, whereas Equiti provides much tighter raw ECN spreads and a broader range of global retail CFD assets under DFSA and FCA supervision. While both brokers target Middle Eastern traders, Equiti offers a superior pricing environment for active day traders, with ECN spreads starting at 0.0 pips and a flat $6 per lot round-turn commission. Noor Capital's ECN-style Silver tier, on the other hand, charges a higher $7 per $100k commission with slightly wider floating spreads. In addition, the competitor boasts a wider array of global commodities and indices, whereas Noor Capital stands out with its direct cash equity stock-trading integration via the GTN platform.

Takeaway: Noor Capital is ideal for local education seekers and physical stock investors; Equiti is better for active multi-asset CFD day traders.

Noor Capital vs IC Markets

Noor Capital focuses on localized Middle Eastern support and physical advisory branches; by contrast, IC Markets offers global high-speed algorithmic execution with significantly lower commission rates and tighter raw spreads. While Noor Capital holds top-tier FCA and regional SCA licenses, IC Markets operates under ASIC and CySEC regulations, offering limited localized physical offices in the GCC region. The competitor provides raw spreads averaging 0.1 pips with a low flat commission of $7 per lot, which does not require any volume hurdles. In contrast, Noor Capital requires clients to trade over $100 million in monthly volume under its UK entity to unlock its highly competitive $5 per $100k Platinum commission. Furthermore, the competitor supports cTrader and TradingView in addition to MT4 and MT5, which provides a more versatile charting environment than Noor Capital's MT4/MT5-only setup.

Takeaway: Noor Capital is the better choice for hands-on, face-to-face regional support; IC Markets is superior for high-volume automated scalping.

Noor Capital Broker Quick Verdict

Noor Capital is a solid choice for GCC-based and regulation-focused investors seeking physical support and localized asset trading, though its wider standard spreads and volume-based ECN commissions make it less competitive for low-budget global scalpers. In conclusion, this Noor Capital review highlights that while regional infrastructure and regulatory safety are exceptional, active day traders must carefully weigh the broker's tiered commission structures.

Editorial Transparency: This Noor Capital review is based on information from the official Noor Capital website, current regulatory filings, and independent third-party sources such as Trustpilot. We cross-checked the broker's regulation and license details, account types, trading and non-trading fees, deposit and withdrawal terms, platforms, and real user feedback to ensure accuracy and objectivity. This content is for educational purposes only and does not constitute financial advice; trading CFDs carries a high risk of losing money. Last updated: June 2026.