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NCM Forex broker specializes in providing foreign exchange trading services, the company's official website http://tw.ncmkk.com/..., the company's legitimate regulatory information to enhance the security of the company's address 1370 DON MILLS ROAD STE 300 TORONTO, ON, CANADA M3B3N7

NCM Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
NCM fund services Limited
Abbreviation
NCM
Company employee
--
Company Website
Company address
1370 DON MILLS ROAD STE 300 TORONTO, ON, CANADA M3B3N7
Keywords
Absconded
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Is NCM safe or scam

Rating Index

  

Ncm Forex Broker - Complete Information Guide

  

1. Broker Overview

  NCM Investment, established in 2009, is a prominent forex and CFD broker headquartered in Kuwait. The company operates under the full name NCM International Investment Company, and it is privately held. NCM Investment primarily serves individual and institutional clients across the MENA region, providing a diverse range of financial trading services. Over the years, the broker has achieved significant milestones, including acquiring various regulatory licenses from multiple jurisdictions, which enhances its credibility in the financial industry.

  The development of NCM Investment has been marked by its commitment to offering transparent and competitive trading solutions. The broker initially started by providing forex trading services and has since expanded its offerings to include commodities, precious metals, energies, and CFDs on shares and indices. NCM Investment operates with a business model that caters to both retail forex traders and institutional clients, emphasizing a customer-centric approach.

  

2. Regulatory and Compliance Information

  NCM Investment is regulated by several financial authorities, ensuring that it adheres to the necessary compliance standards. The primary regulatory bodies overseeing NCM Investment include:

  • Capital Markets Authority (CMA), Kuwait - License numbers AP/2017/0009 & AP/2019/0003.
  • Labuan Financial Services Authority (Labuan FSA), Malaysia - License number MB/22/0092.
  • Securities and Commodities Authority (SCA), UAE - License number 703036.
  • Capital Markets Board (CMB), Turkey - License number 022.
  • Jordan Securities Commission (JSC), Jordan - License number 18/01533/1/3.

  The regulations enforced by these authorities cover various aspects, including client fund segregation, ensuring that customer assets are kept separate from the broker's operational funds. While NCM Investment is not regulated by top-tier authorities like the FCA or ASIC, its multiple licenses provide a level of security and assurance to its clients.

  NCM Investment complies with strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are essential for maintaining the integrity of the financial markets and protecting clients from fraud.

  

3. Trading Products and Services

  NCM Investment offers a wide array of trading products, making it an attractive option for traders of different experience levels. The broker provides access to over 55 forex currency pairs, including major, minor, and exotic pairs. In addition to forex trading, NCM Investment features a range of CFDs on various asset classes, including:

  • Indices - Major global indices such as the S&P 500 and FTSE 100.
  • Commodities - Trading options on precious metals like gold and silver, as well as energy products such as oil and natural gas.
  • Agricultural Products - Including soft commodities like wheat and corn.
  • Stocks - CFDs on shares from various international markets.

  The broker is committed to regularly updating its product offerings, ensuring that clients have access to the latest market opportunities. NCM Investment caters to both retail and institutional clients, providing tailored services and support for each segment.

  

4. Trading Platforms and Technology

  NCM Investment supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, known for their user-friendly interfaces and advanced trading features. These platforms are accessible via desktop, web, and mobile devices, allowing traders to manage their accounts and execute trades from anywhere.

  In addition to MT4 and MT5, NCM Investment offers proprietary trading solutions, enhancing the trading experience with unique tools and features. The broker's trading infrastructure is robust, with servers located in strategic regions to ensure low latency and high-performance trading.

  NCM Investment also provides API access for automated trading, enabling clients to implement algorithmic trading strategies seamlessly. This technological capability is crucial for traders looking to optimize their trading performance and execute trades efficiently.

  

5. Account Types and Trading Conditions

  NCM Investment offers various account types to accommodate different trading preferences and strategies. The primary account types include:

  • Standard Account - Requires a minimum deposit of $500, with fixed spreads and a maximum leverage of 1:100.
  • Variable Execution Account - Designed for more experienced traders, this account type offers dynamic leverage and access to a broader range of trading instruments.

  Additionally, NCM Investment provides a demo account for new traders to practice and develop their trading skills without risking real capital. The minimum trade size starts at 0.01 lots, making it accessible for traders with varying capital levels.

  The broker's trading conditions are competitive, with average spreads of 2 pips for major currency pairs. However, traders should note that specific conditions may vary based on the account type and regulatory entity.

  

6. Fund Management

  NCM Investment offers a variety of funding options for clients to deposit and withdraw funds. The supported deposit methods include:

  • Bank Transfer
  • Credit/Debit Cards - KNET is the primary card payment option.
  • Online Transfer Systems

  The minimum deposit requirement varies by account type, with the standard account requiring $500. NCM Investment does not impose deposit fees, ensuring that clients can fund their accounts without incurring additional costs.

  Withdrawal methods are similarly straightforward, allowing clients to access their funds efficiently. The withdrawal processing time may vary depending on the payment method used, but NCM Investment aims to provide a smooth and timely withdrawal experience.

  

7. Customer Support and Educational Resources

  NCM Investment prioritizes customer support, offering various channels for clients to seek assistance. Traders can contact the support team via:

  • Phone
  • Email
  • Live Chat
  • Social Media Platforms

  Customer support is available 24/6, ensuring that clients can receive timely assistance for their inquiries. However, it is important to note that support is not available on weekends.

  In terms of educational resources, NCM Investment provides a comprehensive learning academy, which includes webinars, tutorials, and market analysis. These resources are designed to help traders enhance their skills and knowledge, catering to both beginners and experienced traders.

  

8. Regional Coverage and Restrictions

  NCM Investment primarily serves clients in the MENA region, with a strong presence in Kuwait, UAE, Turkey, and Jordan. The broker's regional offices facilitate local support and services tailored to the needs of clients in these markets.

  However, NCM Investment may have restrictions on certain countries, and potential clients are advised to verify their eligibility to open an account. The broker's focus on the MENA region allows it to cater effectively to the unique trading preferences and requirements of clients in this area.

  In conclusion, NCM Investment is a reputable forex broker that offers a range of trading products and services, supported by multiple regulatory licenses. With its commitment to customer support and educational resources, NCM Investment provides a solid platform for traders looking to navigate the financial markets. As with any broker, prospective clients should conduct thorough research to ensure that NCM Investment aligns with their trading needs and preferences.

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Latest Reviews

自鸣

自鸣

Hong Kong

MIA is the former name of NCM . Some members in the group have been cheated twice by this platform.

Exposure

2020-02-15

自鸣

自鸣

Hong Kong

The so-called NCM is a scam! The gang of domestic fraudsters spoiled our fund and prevented us form calling the police. They dismissed the group quickly for fear that we get untied.

Exposure

2020-02-14

吴霖

吴霖

Hong Kong

The withdrawal applied in last December is yet to be received. No one replied to my email.

Exposure

2020-01-22

NCM Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.31, Software Index 4.00 Risk Control Index 0.00.