NOKTRADE Forex Broker

NOKTRADE Review SummaryFounded2024-01-29Registered Country/RegionSaint Vincent and the GrenadinesRegulationUnregulatedMarket InstrumentsForex, Indices, Commodities, Stock CFDs, CryptocurrencyDemo Account✅LeverageUp to 1:500SpreadFrom 0.7 pipsTrading PlatformMT5(Desktop(Windows)/ Web/Mobile(ios/android))Min Deposit$100Customer SupportPhone:+6621280103+66522548479Email: support@noktrade.comLive chatSocial Media: Facebook, Twitter, YouTubeNOKTRADE Information NOKTRADE is a broker. The tradable instruments, with three account types with a maximum leverage of 1:500, such as Standard, ECN, and Swap Free Account, include forex, indices, commodities, stock CFDs, and cryptocurrency. The floating spread is from 0.7 pips and the minimum deposit is $100. NOKTRADE is still risky due to its unregulated status and high leverage.Pros and ConsPros Cons Demo availableUnregulatedSupport MT5No educational resourcesLeverage up to 1:500No Islamic accountSpread from 0.7 pipsNo commission and withdrawal fee information24/7 chat supportVarious instruments: Forex, Indices, Commodities, etc.Swap freeIs NOKTRADE Legit? NOKTRADE is not regulated, which makes it less safe than regulated brokers.What Can I Trade on NOKTRADE? NOKTRADE provides various tradable instruments and traders can invest in forex, indices, commodities, stock CFDs, and cryptocurrency.Tradable Instruments Supported Forex✔Indices✔Commodities✔Stock CFDs✔Cryptocurrencies✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type NOKTRADE has three accounts due to different deposits, namely Standard, ECN, and Swap Free Account. Traders who want a deposit can open a standard account requiring a minimum deposit of $100. Instead, open a Swap Free account with a minimum deposit of $5000, which is so high.Account Type StandardECNSwap FreeMinimum Deposit$100$500$5000SpreadFrom 1.4 pipsFrom 1.4 pipsFrom 1.4 pipsTrade size0.01 lots0.01 lots0.01 lotsPlatformMT5MT5MT5Leverage1:5001:5001:500SwapYesYesYesCurrenciesUSDUSDUSDNOKTRADE Fees Traders who open NOKTRADE accounts will enjoy swap-free and the same spreads starting from 1.4 pips, while floating spreads are from 0.7 pips.Leverage The maximum leverage is 1:500, meaning that profits and losses are magnified 500 times.Trading Platform NOKTRADE has an authoritative MT5 for Desktop, Web, and Mobile. Compared with MT4, MT5 is more suitable for experienced traders because of its more in-depth data processing and charting tools.Trading PlatformSupported Available Devices MT5✔Desktop(Windows)/ Web/Mobile(iOS/android)Deposit and Withdrawal The minimum deposit is $100. NOKTRADE offers multiple deposit and withdrawal methods processed within 3 days, including Bank Transfer, Credit/Debit card, Local Transfer, and USDT.Customer Support Options NOKTRADE provides 24/7 chat support, and traders can contact the broker via phone, email, and live chat. Please distinguish between NOKTRADE global and local business phone numbers.Contact Options DetailsPhone +6621280103+66522548479Email support@noktrade.comLive chat✔Social Media Facebook, Twitter, YouTubeSupported Language English, French, German, Irish, Malay, VietnameseWebsite Language English, French, German, Irish, Malay, VietnamesePhysical Address 114 Narathiwas Road, Silom, Bangrak, Bangkok 10500.Thailand.