Noble Markets is a forex brokerage that was launched in 2018. The identity of the company that owns this broker is unknown. Join us below as we take an in-depth look at the features noble-markets.com allegedly offers. The review covers aspects of its licensing, its account types, its leverages, its withdrawal, and deposit methods. Read through our review to see what we and other experts have to say about Noble Markets.
Table of Contents
Noble Markets Trading platform
Claims to be an innovative online foreign exchange broker that offers advanced institutional and retail trading conditions to a global audience. Their goal is to deliver an unparalleled trading experience that offers the most competitive trading conditions available to every client.
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They offer traders the opportunity to trade Forex and CFDs on Commodities, Indices, and Shares. They do this by supporting web trader platforms that can be accessed both by desktop and mobile.
Noble-markets claim to have been in the market since 2018, but a quick look at the domain registry shows that its website was registered on 18th March 2020.
Noble Markets Account Types
One thing that doesn’t sit right with us is the minimum deposit $5,000 which is more than the industry acceptable minimum which is $250.
Noble Markets Deposit and Withdrawal Methods
In this part of the review, we will be looking at the way and manner this broker handles transaction both in depositing and withdrawal.
This broker claims to support the following methods.
- Bitcoin cash
- Visa
- Wire transfer
- Mastercard
This broker charges a fee for withdrawal, the fee is deducted from the transferred withdrawn amount.
Although nothing of the sort was mentioned in the terms and conditions, traders should be aware, another potential risk is that they might be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal.
Is Noble Markets Licensed?
We explore the licensing of noble markets in this section of the review.
Nothing was given as to the location of the company, the name of the company wasn’t even mentioned.
So in order to ascertain if this broker is licensed, we had to check several regulatory bodies. We checked the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others. At the end of our search we didn’t find any licensing information concerning noble-markets.com.
So, no, this broker is not a licensed broker.
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Accounts
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
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Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
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Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion.
In conclusion, we wouldn’t advise or recommend you to trade with noble-markets.com as they don’t give any information as to if they are a regulated broker.
Noble-markets.com is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.