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NCM Company, originally established as Noor Capital Markets, was founded in 2009. The firm has evolved to offer a wide range of financial services, primarily focusing on trading in Forex, Contracts for Difference (CFDs), and commodities.
NCM operates as an independent brokerage firm. It is not publicly traded, and its ownership structure is not widely disclosed, typical of many brokerage firms in the financial services industry.
The company's headquarters is located in Kuwait, specifically at Dar Al Awadi Tower, Ahmed Al Jaber Street, Sharq, 13125, Kuwait. This central location positions NCM strategically within the Middle East financial landscape.
NCM has expanded its operations beyond Kuwait, establishing a presence in several countries, including Turkey, Jordan, and the United Arab Emirates (UAE). The company serves a diverse client base, catering to both individual and institutional traders across multiple regions.
NCM is regulated by various financial authorities, including:
These regulatory frameworks are designed to ensure compliance with industry standards and protect client interests.
NCM's expansion journey has been marked by strategic partnerships and the establishment of regulatory licenses in key markets. By entering the UAE and Jordan, NCM has broadened its geographical footprint, allowing it to cater to a diverse clientele.
NCM has experienced steady growth in its customer base, which now spans over 65 countries. The firm has established a reputation for its user-friendly trading platforms and robust customer support, contributing to its increasing popularity among traders.
NCM has continually upgraded its trading platforms to meet the evolving needs of traders. The shift from MT4 to MT5 in 2023 is a testament to its focus on providing cutting-edge technology, including enhanced analytical tools and automated trading capabilities.
NCM has received multiple awards over the years, including:
These accolades underscore NCM's commitment to service excellence and regulatory compliance.
NCM offers an extensive range of Forex trading options, providing access to over 50 currency pairs. This includes major pairs like EUR/USD and GBP/USD, as well as a selection of minor and exotic pairs, catering to diverse trading strategies.
The brokerage provides access to stock trading through CFDs, allowing clients to speculate on price movements without owning the underlying assets. This service includes shares from global markets, providing clients with various investment opportunities.
NCM specializes in CFD trading, offering contracts on various assets, including stocks, commodities, and indices. This allows traders to leverage their positions and diversify their portfolios effectively.
In addition to Forex and CFDs, NCM also offers trading in commodities such as gold, silver, oil, and agricultural products. As of 2023, the firm has begun exploring cryptocurrency trading options, aiming to meet the growing demand for digital assets.
NCM distinguishes itself by offering:
NCM is regulated by several authorities, ensuring compliance with local and international standards. The regulatory bodies include:
NCM operates through different legal entities based on the region:
This structure allows NCM to comply with local regulations while serving a diverse clientele.
NCM prioritizes client fund protection by maintaining segregated accounts in top-tier banks. This ensures that client funds are kept separate from the company's operational funds, enhancing security.
NCM serves clients in over 65 countries, primarily focusing on the Middle East, North Africa, and parts of Asia. Its regulatory compliance allows it to operate in multiple jurisdictions effectively.
NCM has maintained a positive compliance history, adhering to the regulatory requirements set by the authorities in the regions it operates. The company's commitment to transparency and ethical practices has contributed to its strong reputation.
NCM operates in a competitive landscape, with several key players, including:
NCM positions itself as a trusted broker in the Middle East, emphasizing regulatory compliance and customer support. Its competitive spreads and range of trading instruments make it an attractive option for both novice and experienced traders.
NCM differentiates itself through:
In conclusion, NCM Company has established itself as a reputable player in the financial services industry, particularly in the Middle East. With a commitment to regulatory compliance, a diverse range of trading services, and a focus on customer support, NCM continues to grow and adapt to the evolving needs of traders worldwide. For those interested in learning more about NCM's offerings and services, learn more.