Noble Trading Forex Broker
Company | Noble Trading.com |
---|---|
Established in | 1999 |
Online since | 1999 |
International Offices | United States |
Payment Methods | Wire Transfer |
Demo Accounts & Platforms | NobleTrading Web Based Platform, Lightspeed Trader, Lightspeed Forex |
Account currencies | Euro, Great Britain pound, Japanese yen, Swiss franc, United States dollar |
Regulated & Registered by | CFTC/NFA, FINRA, SIPC |
Are US Traders allowed? | Yes |
Bonus? (detailed) | |
Languages in which website is available? | English |
Languages in which Support is available? | English |
Different Support methods? | Email, Live Chat, Office, Phone |
Types of Account (micro standard executive islamic) | Individual |
Minimum deposit in accounts | $1,000 |
Minimum position size | 0.1 lot |
Type of Spread? | Fixed |
Minimum spread on EUR/USD, pips | 2 pip |
Is Scalping Allowed? | |
Types of Trading Instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:100, Options – 1:100, Futures- 1:100 |
Real Trading platforms | NobleTrading Web Based Platform, Lightspeed Trader, Lightspeed Forex |
Digits after the dot in quotes | 4 |
Margin call level | |
Stop-out level | |
Total Number of currency pairs | 56 |
Any Bonus offers | Yes |
Affiliate program Available? | Yes |
Facility of Overnight interest rates (swaps) | |
Do they have Trailing stop? | |
Do they have Pending orders? | Yes |
Mobile trading allowed? | Yes |
Browser-based platform present? | Yes |
Noble trading company was founded in the year 1999 and also the very same year they started their online trading service which was internet based. They have their office in United States and are regulated by CFTC/NFA in USA, FINRA and SIPC and hence the reliability factor of the company increases. They do allow traders from United States to trade from their account and is great news for traders in United States. They have segregated accounts which means that fund of the company and that of the customers are kept separate. Managed accounts are also provided which is of great help to the traders. Pending orders, one click trading and browser based platform are some for features of the company. The payment can only be made through wire transfers. The currencies allowed in the trader’s account are Great Britain Pound, Euro, Japanese Yen, United States Dollar and Swiss Franc. The website and the customer support service are available in English and can be an issue for those traders who do not know English. The customer service staffs are well trained to handle all the queries and can be reached via live chat, office, email and phone.
The trading platform offered by Noble Trading for both demo as well as real accounts is an in house trading platform named Noble Trading Web Based Platform along with Lightspeed Trader and Lightspeed Forex. The trading platform is very fast and helps in fast execution of trade. They have only individual accounts to offer and the minimum deposit required to open an account with them is $1000 with minimum trade size of 0.1 lots. Along with forex they also allow trading in options and futures and all at a leverage of 1:100. They have a fixed spread on the trade that you do and hence the cost of the trade can be known before placing the order.
The reviews are posted by the users to let know the world their grievance as well as happiness of using a service or product. The most interesting feature of the company is that it has 56 currency pairs to trade in and it has all the major pairs and a few exotic pairs as well. Many traders like the fact that the company allows currency from 5 countries in their account. Their in house trading platform is also lauded for their excellent features and fast execution of trade. It being regulated by CFTC /NFA shows that it is highly regulated. They have a browser based trading platform which allows the trader to start trading without downloading any software. A few cons mentioned in the reviews are that the minimum deposit required to open an account with them is $1000 which is quite high. The only payment option available to the trader is wire transfer and is a great concern for most of the trader. However, the overall review is very positive and the average rating given to the company by its users is 6.2 out of 10.