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NCM Company

  

NCM Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  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.

  

Parent Company/Ownership Structure

  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.

  

Headquarters Location

  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.

  

Global Business Scope

  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.

  

Main Regulatory Bodies

  NCM is regulated by various financial authorities, including:

  • Capital Markets Authority (CMA) in Kuwait
  • Labuan Financial Services Authority (Labuan FSA) in Malaysia
  • Securities and Commodities Authority (SCA) in the UAE
  • Capital Markets Board (CMB) in Turkey
  • Jordan Securities Commission (JSC) in Jordan

  These regulatory frameworks are designed to ensure compliance with industry standards and protect client interests.

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2. Company History and Development

  

Key Milestones

  • 2009: NCM was founded in Kuwait, marking its entry into the financial services market.
  • 2010-2015: The company expanded its service offerings and began establishing regulatory licenses in various jurisdictions.
  • 2018: NCM received recognition as a reliable broker at the Dubai Forex Expo, which marked a significant milestone in its growth trajectory.
  • 2020: The firm launched its mobile trading platform, enhancing accessibility for clients.
  • 2023: NCM transitioned from MetaTrader 4 (MT4) to MetaTrader 5 (MT5), reflecting its commitment to providing advanced trading technology.

  

Business Expansion Journey

  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.

  

Customer Base Growth

  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.

  

Platform Development History

  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.

  

Important Awards or Recognitions Received

  NCM has received multiple awards over the years, including:

  • Best Regulated Broker at the Dubai Forex Expo (2021)
  • Most Reliable Financial Brokerage Firm in Kuwait (World Business Outlook, 2020)
  • Best Forex Broker at the Dubai Forex Expo (2022)

  These accolades underscore NCM's commitment to service excellence and regulatory compliance.

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3. Trading Services Offered

  

Forex Trading Options

  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.

  

Stock Trading Options

  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.

  

CFD Trading Products

  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.

  

Other Financial Instruments

  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.

  

Special Services or Unique Advantages

  NCM distinguishes itself by offering:

  • Competitive spreads and leverage options up to 1:500 for Forex trading.
  • A dedicated customer support team available 24/6.
  • Educational resources through its trading academy, designed to enhance traders' skills and knowledge.

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Detailed Regulatory Information

  NCM is regulated by several authorities, ensuring compliance with local and international standards. The regulatory bodies include:

  • Capital Markets Authority (CMA) in Kuwait
  • Labuan Financial Services Authority (Labuan FSA) in Malaysia
  • Securities and Commodities Authority (SCA) in the UAE
  • Capital Markets Board (CMB) in Turkey
  • Jordan Securities Commission (JSC) in Jordan

  

  NCM operates through different legal entities based on the region:

  • NCM Investment for Money Broking Ltd. (Malaysia)
  • NCM Investment (Kuwait)
  • NCM Investment Menkul Değerler A.Ş. (Turkey)
  • Noor Al Mal for Local and Foreign Financial Brokerage (Jordan)

  This structure allows NCM to comply with local regulations while serving a diverse clientele.

  

Client Fund Protection Measures

  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.

  

Countries/Regions Served

  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.

  

Compliance History

  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.

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5. Competitive Landscape

  

3-5 Main Competitors

  NCM operates in a competitive landscape, with several key players, including:

  • AvaTrade: Known for its diverse trading platforms and educational resources.
  • Exness: Offers competitive spreads and a wide range of trading instruments.
  • IG Group: A well-established broker with a global presence and extensive market offerings.
  • OANDA: Renowned for its advanced trading technology and analytics tools.

  

Positioning in the Industry

  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.

  

Market Differentiation Factors

  NCM differentiates itself through:

  • A user-friendly trading platform with advanced features.
  • A strong focus on regulatory compliance, ensuring client safety.
  • Comprehensive educational resources to support traders at all experience levels.
  • Dedicated customer support available 24/6, enhancing the overall client experience.

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  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.