Noor Al Mal Company

　　

Noor Al Mal Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Noor Al Mal Company, established in 2009, operates as a financial brokerage firm specializing in online trading. The company was founded with the vision of providing innovative trading solutions to clients across various financial markets, including forex, commodities, and contracts for difference (CFDs).

　　

Parent Company/Ownership Structure

　　Noor Al Mal is a subsidiary of NCM Investment, also known as NoorCM or NCM. This ownership structure allows Noor Al Mal to leverage the expertise and resources of its parent company, enhancing its service offerings and operational capabilities.

　　

Headquarters Location

　　The company's headquarters is located in Amman, Jordan. This strategic location positions Noor Al Mal to serve clients in the Middle East and beyond, tapping into the growing demand for online trading services in the region.

　　

Global Business Scope

　　Noor Al Mal operates in global markets, providing access to a diverse range of financial instruments. Its offerings include forex trading, commodities, metals, energies, and CFDs. The firm aims to cater to both retail and institutional clients, ensuring a wide reach across different market segments.

　　

Main Regulatory Bodies

　　Noor Al Mal is regulated by the Jordan Securities Commission under license number 18/00403/1/3. Additionally, its parent company is regulated by the Capital Market Authority in Kuwait (license AP/2017.0009). However, it is important to note that Noor Al Mal has faced scrutiny regarding its regulatory compliance status.

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2. Company History and Development

　　

Key Milestones

　　Since its inception in 2009, Noor Al Mal has achieved several key milestones, including the launch of its trading platform and the expansion of its service offerings. The company has continuously evolved to meet the changing needs of its clients.

　　

Business Expansion Journey

　　Noor Al Mal has expanded its operations from its base in Jordan to include licensed entities in Turkey, the UAE, and Jordan. This expansion aligns with its goal of becoming a leading provider of online trading services in the region.

　　

Customer Base Growth

　　Over the years, Noor Al Mal has successfully grown its customer base, attracting both novice and experienced traders. The firm emphasizes customer education and support, which has contributed to its reputation in the market.

　　

Platform Development History

　　The company utilizes the MetaTrader 5 platform, known for its user-friendly interface and advanced trading features. This platform has undergone continuous updates to incorporate the latest technological advancements, enhancing the trading experience for users.

　　

Important Awards or Recognitions Received

　　Noor Al Mal has received over ten global awards for its commitment to client service and excellence in trading conditions. These awards reflect the company's dedication to providing a high-quality trading environment.

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3. Trading Services Offered

　　

Forex Trading Options

　　Noor Al Mal offers a comprehensive selection of forex trading options, providing access to over 15 currency pairs. This variety allows traders to diversify their portfolios and engage in various trading strategies.

　　

Stock Trading Options

　　The company also facilitates stock trading, enabling clients to invest in various equities across global markets. This service complements its forex trading offerings and appeals to a broader range of investors.

　　

CFD Trading Products

　　In addition to forex and stocks, Noor Al Mal provides access to a variety of CFDs, including commodities, indices, and energies. This diverse range of products allows traders to capitalize on different market movements.

　　

Other Financial Instruments

　　Noor Al Mal's offerings extend to commodities such as gold, silver, and oil, as well as emerging markets. However, it currently does not provide cryptocurrency trading options.

　　

Special Services or Unique Advantages

　　One of the standout features of Noor Al Mal is its provision of both fixed and dynamic low spreads, allowing clients to choose their preferred trading conditions. Additionally, the company offers swap-free accounts, catering to traders who prefer interest-free trading options.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Noor Al Mal is regulated by the following bodies:

• Jordan Securities Commission (License No. 18/00403/1/3)
• Capital Market Authority, Kuwait (License AP/2017.0009)

　　Despite its regulatory status, there have been concerns regarding the adequacy of its oversight and compliance with industry standards.

　　

Legal Entity Structure by Region

　　Noor Al Mal operates primarily in Jordan but has established entities in Turkey and the UAE. Each entity adheres to local regulatory requirements, enabling the company to provide services in multiple jurisdictions.

　　

Client Fund Protection Measures

　　The company claims to secure client funds in top-notch banks in segregated accounts. This practice is essential for ensuring the safety of client deposits, although the lack of comprehensive regulatory oversight raises questions about the effectiveness of these measures.

　　

Countries/Regions Served

　　Noor Al Mal serves clients globally, with a significant focus on the Middle East, including Jordan, Kuwait, Turkey, and the UAE. Its online trading platform allows users from various regions to access its services.

　　

Compliance History

　　The company has faced scrutiny regarding its compliance with regulatory standards. Potential clients are advised to conduct thorough research and exercise caution when considering trading with Noor Al Mal.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　Noor Al Mal competes with several other brokerage firms in the region, including:

• Forex 4 Money
• APM Capital
• Admiral Markets

　　These competitors offer similar services, making the online trading space highly competitive.

　　

Positioning in the Industry

　　Noor Al Mal positions itself as a prestigious financial brokerage, emphasizing its commitment to client service and innovative trading solutions. However, its regulatory challenges may impact its standing in the industry.

　　

Market Differentiation Factors

　　The company's unique selling points include its offering of both fixed and dynamic low spreads, swap-free accounts, and a user-friendly trading platform. These factors contribute to its appeal among traders seeking flexible trading conditions.

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　　In conclusion, Noor Al Mal Company has established itself as a notable player in the online trading industry since its founding in 2009. With a diverse range of trading services and a commitment to client satisfaction, it continues to attract traders from various backgrounds. However, potential clients should carefully consider the regulatory landscape and conduct thorough research before engaging with the company.

　　For more information about Noor Al Mal and its offerings, learn more.