Noor Al Mal Forex Broker

Noor Al MalReview SummaryFounded2018Registered Country/RegionJordanRegulationSuspicious CloneMarket InstrumentsForex, metals, commodities, agriculture, indicesDemo Account✅LeverageUp to 1:100SpreadVariable spreadTrading PlatformMT5Minimum Deposit$150Customer SupportFacebook, X, Instagram, LinkedIn, YouTube, TelegramWhatsApp, live chat, 24/5 customer supportTel: +96265622404Email: info@nooralmal.comAddress: VISTA SWAFIEH, ComplexSecond Floor Princess Alia Bint Alhussein Street Abdoun Alshamali Amman, JordanNoor Al Mal Information Noor Al Mal is a financial broker, which was founded in Jordan in 2018, offering trading on forex, commodities, metals, agriculture and indices with leverage up to 1:100 and variable spread on the MT5 trading platform. The minimum deposit requirement is $150.Pros and ConsPros Cons Free $1,000,000 demo moneyLack of transparencyWith demo accountSuspicious clone licensesVarious contact channelsNo MT4 platformVarious trading productsMT5 platform providedZero commissionIs Noor Al Mal Legit? Noor Al Mal is licensed by SCA and LFSA to offer services. Its license numbers are 20200000158 and MB/22/0092. But the current status is suspicious clone. Please be aware of the risk!Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Securities and Commodities Authority (SCA)Suspicious CloneNCM FINANCIAL SERVICES L.L.CRetail Forex License20200000158Labuan Financial Services Authority (LFSA)Suspicious CloneNCM Investment for Money Broking Ltd.Straight Through Processing (STP)MB/22/0092What Can I Trade on Noor Al Mal? Noor Al Mal provides a wide range of trading products such as forex, 2 metals (gold and silver), 2 commodities (gas and oil), agriculture and US indices.Tradable Instruments Supported Forex✔Commodities✔Metals✔Agriculture✔Indices ✔CFDs❌Cryptos❌ETFs❌Bonds❌Stocks❌Account Type Noor Al Mal offers Standard Account and Student Account. Standard Account's minimum deposit is $250, while Student Account's is $150.Leverage The broker offers maximum leverage at 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.Noor Al Mal Fees Swap Rates Noor AI Mal offers swap free accounts. Commission Fees The broker does not charge commission fees.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Desktop, mobile, webExperienced traderMT4❌//Deposit and Withdrawal The broker accepts payments via eFAWATEER, VISA, MasterCard and GATE TO PAY.The maximum amount of transaction through credit card is 20,000 USD per day. No minimum withdrawal amount defined and no fees or charges specified.