Noor Al Mal

Noor Al Mal Information

Noor Al Mal is a financial broker, which was founded in Jordan in 2018, offering trading on forex, commodities, metals, agriculture and indices with leverage up to 1:100 and variable spread on the MT5 trading platform. The minimum deposit requirement is $150.

Pros and Cons

Is Noor Al Mal Legit?

Noor Al Mal is licensed by SCA and LFSA to offer services. Its license numbers are 20200000158 and MB/22/0092. But the current status is suspicious clone. Please be aware of the risk!

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Securities and Commodities Authority (SCA)	Suspicious Clone	NCM FINANCIAL SERVICES L.L.C	Retail Forex License	20200000158
	Labuan Financial Services Authority (LFSA)	Suspicious Clone	NCM Investment for Money Broking Ltd.	Straight Through Processing (STP)	MB/22/0092

What Can I Trade on Noor Al Mal?

Noor Al Mal provides a wide range of trading products such as forex, 2 metals (gold and silver), 2 commodities (gas and oil), agriculture and US indices.

Account Type

Noor Al Mal offers Standard Account and Student Account. Standard Account's minimum deposit is $250, while Student Account's is $150.

Leverage

The broker offers maximum leverage at 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Noor Al Mal Fees

Swap Rates

Noor AI Mal offers swap free accounts.

Commission Fees

The broker does not charge commission fees.

Trading Platform

Deposit and Withdrawal

The broker accepts payments via eFAWATEER, VISA, MasterCard and GATE TO PAY.The maximum amount of transaction through credit card is 20,000 USD per day. No minimum withdrawal amount defined and no fees or charges specified.