Score
Kuwait
|
5-10 years
| https://www.ncminvest.com/
Website
Rating Index
MT4/5
Full License
NCMFinancialServices-Real
Influence
C
Influence index NO.1
Turkey 4.30
MT4/5 Identification
Full License
GermanyInfluence
C
Influence index NO.1
Turkey 4.30
Licenses
Single Core
1G
40G
1M*ADSL
Kuwait
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
WikiResearch
nooralmal.com ncminvest.com.tr
ncminvest.com.my ncmfinancials.com ncminvest.com
noorcm.com
VIP is not activated.
SIMON CHARLES HENRY
United Kingdom
Director
Start date
Status
Employed
NCM FINANCIAL UK LTD(United Kingdom)
RICHARD PAUL WYNN
United Kingdom
Director
Start date
Status
Employed
NCM FINANCIAL UK LTD(United Kingdom)
SYED KASHIF ZAFAR
United Kingdom
Director
Start date
Status
Employed
NCM FINANCIAL UK LTD(United Kingdom)
| NCM Review Summary | |
| Founded | 1993 |
| Registered Country/Region | Kuwait |
| Regulation | FCA, SCA, LFSA |
| Market Instruments | Forex (FX), Gold & Silver, Oil & Gas, Agriculture, and CFDs on Shares and Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Trading Platform | MT5 |
| Minimum Deposit | 3,000 USD |
| Customer Support | 24/6 support |
| Live chat | |
Tel:
| |
| Email: cs@ncminvest.com | |
NCM is a multi-asset broker founded in 1993 and headquartered in Kuwait, regulated by the FCA, SCA, and Labuan FSA. It offers five types of trading instruments, including forex, precious metals, energy, agriculture, and stock index CFDs on the MT5 platform. However, it has a high account opening requirement (USD 3,000) and limited transparency on fees.
| Pros | Cons |
| Regulated well | Limited information on fees |
| 5 types of trading instruments | High minimum deposit |
| Demo accounts available | |
| Long operation time |
NCM holds three valid financial licenses: an Institution Forex License issued by the UK Financial Conduct Authority (FCA) with license number 1000594, a Retail Forex License issued by the Securities and Commodities Authority (SCA) of the United Arab Emirates with license number 20200000158, and a Straight Through Processing (STP) license issued by the Labuan Financial Services Authority (Labuan FSA) in Malaysia with license number MB/22/0092.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
| United Kingdom | FCA | NCM FINANCIAL UK LTD | Institution Forex | 1000594 |
| United Arab Emirates | SCA | NCM FINANCIAL SERVICES L.L.C | Retail Forex | 20200000158 |
| Malaysia | Labuan FSA | NCM Investment for Money Broking Ltd. | Straight Through Processing (STP) | MB/22/0092 |
NCM offers 5 types of products: Forex (FX), Gold & Silver, Oil & Gas, Agriculture, and CFDs on Shares and Indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Gold & Silver | ✔ |
| Oil & Gas | ✔ |
| Agriculture | ✔ |
| CFDs on shares | ✔ |
| CFDs on indices | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
NCM offers two types of accounts: the Variable Execution account and the Plus Leverage account. It also offers risk-free demo accounts.
| Account Type | Variable Execution | Plus Leverage |
| Minimum Deposit | 3,000 USD | |
| Leverage | 1:100 | Dynamic |
| Spread | Variable | |
| Trading Products | Forex, Indices, Commodities, Energies, Agriculture | Only Currencies |
| Execution Type | Market | |
| Stop - Out | 10%, 20% or less | 20% or less |
| Swap Charges | Free Swap on Majors | |
The Variable Execution account offers fixed leverage of 1:100, while the Plus Leverage account provides dynamic leverage based on trading conditions.
NCM supports the MT5 trading platform, which is available on Windows 7/8.1/10, Apple, and Android devices, and is suitable for all types of traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows 7/8.1/10, Apple and Android devices | Experienced traders |
| MT4 | ❌ | / | Beginners |
NCM supports payments via Kuwait e-wallet (Knet), Visa MasterCard, UAE Debit Card (Visa MasterCard), NAPS, and Benefit.
Yes, NCM is legitimate. It holds valid licenses from three respected regulatory bodies: FCA (1000594), SCA (20200000158), and Labuan FSA (MB/22/0092). In my opinion, this provides a strong level of trust, as these licenses are recognized globally. From my own NCM reviews, I believe this is an essential factor for any trader considering a broker.
The minimum deposit to open an account with NCM is $3,000, which is quite high compared to some other brokers that offer lower minimum deposits. Personally, I think this might be a barrier for new traders or those just starting with smaller capital. But, if you're considering whether to make an NCM login and open an account, be aware that the higher deposit may come with better features.
NCM supports a variety of payment methods, including Kuwait e-wallet (Knet), Visa MasterCard, UAE Debit Cards (Visa MasterCard), NAPS, and Benefit. I appreciate the range of payment options, as it provides flexibility, especially for clients from different regions. This makes the NCM login process more convenient as well, as you can choose the method that works best for you.
NCM offers a diverse range of trading instruments including Forex (FX), Gold & Silver, Oil & Gas, Agriculture, and CFDs on Shares and Indices. I really like the variety of options, especially since I prefer brokers that offer a diverse range of markets for trading. Based on my personal experience and NCM reviews, it’s great to see a mix of traditional and commodity-based assets available.
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
