Noble Trading Review and Tutorial 2021

Noble Trading is a forex broker giving manual and mechanized investing administrations. This survey dives into the accessible deposit alternatives, charge design and MT4 platform. We will likewise unload Noble Trading’s outlines and pointer alternatives, guidelines, and contact strategies, so traders have the data they need to settle on a protected choice.

Noble Trading Company Details

Noble Trading was set up in 2015 by monetary administrations company United Capital Group Limited. Settled in the British Virgin Islands, the broker offers types of assistance to all nations aside from Belgium, Canada, and the USA. However, it doesn’t presently hold a permit with a trustworthy administrative organization.

MetaTrader 4 Platform

MT4 is the most mainstream forex platform, offering 50 customizable pointers, 30 specialized investigation devices and nine timeline decisions. The simple to-utilize platform additionally upholds mechanized investing.

As the main FX platform, it’s appropriate for fledglings and experienced traders. MetaTrader 4 can be downloaded free of charge on Windows and Macintosh gadgets.

Markets

Noble Trading furnishes 49 forex pairs to exchange with. In any case, decisions past forex are limited, with just nine stock indices and one crude oil instrument. There is additionally no investing in cryptocurrency or bonds.

Spreads and Commissions

Noble Trading offers genuinely aggressive spreads to its Professional account holders. Spreads on major forex pairs, including EUR/GBP, EUR/USD and GBP/USD, are commonly 0.28 pips. However, for Essential account holders, pips for similar pairs are more like 3 pips.

The broker likewise charges commissions at $10 per parcel for Fundamental accounts. However, this drops to $7 and $5 for Standard and Professional accounts, individually. Swaps are charged for positions held open for the time being.

Leverage

Most extreme leverage rates at Noble Trading fluctuate with the account type. Basic accounts offer leverage up to 1:100, though Standard accounts can access up to 1:200 and Professional accounts get rates up to 1:400. Leverage levels are something very similar across all instruments.

Mobile Apps

Noble Trading offers a mobile variant of the MetaTrader 4 platform that is accessible on Apple and Android gadgets. The application has a significant part of the work area adaptation’s ability, however, with less investigation and customization capacity. Mobile traders can exchange any place with one-touch request execution and visual market data.

Payment Methods

Noble Trading acknowledges payments made utilizing bank wire transmits and payment cards from Visa or MasterCard. Wire transmission are free. However, banks may charge expenses and transformation rates. Payment cards are free for EUR exchanges, yet USD deposits accompany a 2% charge.

Withdrawals are prepared that very day whenever mentioned by 13:00 and in USD, while any remaining withdrawals take up to two workdays. There is a charge of $30 for withdrawals beneath $1,000 and an expense of $16 for withdrawals underneath $800.

Demo Account

Noble Trading offers a demo account, permitting customers to figure out the broker and markets without taking a chance with any close-to-home capital. The danger-free climate is additionally extraordinary for investigating new procedures and the MT4 stage.

Deals and Promotions

The broker has a 30% deposit invite reward on payments of more than $1,000. Notwithstanding, this must be utilized to expand margin. It can’t be removed. Noble Trading likewise offers half cashback from commissions paid in the event that you exchange in excess of 50 parcels each month on a Professional account.

Regulation and Licensing

We have not had the option to confirm Noble Trading’s administrative status. Accordingly, the broker gives off an impression of being unlicensed which is a worry. The absence of administrative oversight implies traders have restricted choices if the broker won’t pay out returns, for instance.

With such countless managed and reliable online brokers accessible, we suggest alert prior to utilizing an unlicensed supplier.

Additional Features

The broker gives a little instructive segment entitled Information Base. This gives clarifications of key exchange terms, like spreads and margin, alongside computation models. Noble Trading additionally gives a definite economic calendar and a flood of market and economic news.

Customers who exchange with huge volumes can gain admittance to a FIX Programming interface. This is accessible to accounts holding more than $25,000 and requires 500 parcels to be exchanged each month. In the event that customers utilize the FIX Programming interface yet don’t meet the volume target, then, at that point, the broker charges an expense of $1,000.

Account Types

There are three accounts available. All have MetaTrader 4 access and offer the same instruments.

Basic Account

• $10 commission
• Spreads from 3 pips
• Leverage up to 1:100
• Minimum deposit $100

Standard Account

• $7 commission
• Educational events
• Automated services
• Leverage up to 1:200
• Spreads from 1.5 pips
• Minimum deposit $500

Professional Account

• $5 commission
• Educational events
• Automated services
• Leverage up to 1:400
• Minimum deposit $5,000
• Spreads from 0.7 pips
• Dedicated account manager

Islamic-friendly forms of each account are also available.

Benefits

Benefits of joining with Noble Trading include:

• MT4 access
• 1:400 leverage
• Portable access
• Deposit and trade rewards

Drawbacks

The broker’s services could be worked on in the accompanying areas:

• Unregulated
• Withdrawal fees
• No live chat support
• No cryptocurrencies

Opening Hours

You can trade at any time the markets are open, and accounts can also be accessed throughout the end of the week. Forex markets are generally open 24/5, opening Sundays at 22:00 GMT and shutting Fridays at 22:00 GMT. Other CFDs may have distinctive operating hours, following their individual market opening and shutting times.

Customer Support

The Noble Trading support team can be communicated via:

• Telephone – +44 718 404 9362
• Email – support@noble-trading.com

The broker offers a personal account manager as a solitary resource for Professional account holders. In any case, this means assistance is restricted in the event that you have a Basic account. As such, we’d be hesitant to prescribe Noble Trading to fledglings, especially when no live chat support is available.

Safety

There is restricted, openly available information regarding the safety efforts taken by the broker. That being said, for payment techniques to approve their utilization, the site should pass a bunch of safety checks. In addition, MT4 offers dual-factor authentication to keep customer data secure.

Is Noble Trading a Good Broker?

Noble Trading offers a great MT4 platform and three account choices to meet diverse trader needs. Be that as it may, the lack of regulatory oversight, high withdrawal fees, and no live chat support cut its overall rating down. In view of that, we’d suggest thinking about alternative providers.

Accepted Countries

Noble Trading acknowledges traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders cannot operate Noble Trading from United States, Canada, Belgium.

Alternatives to Noble Trading

On the off chance that you are searching for alternatives to Noble Trading, we have arranged a rundown of the top 5 brokers that are like Noble Trading underneath. This rundown of brokers like Noble Trading is arranged by closeness and just incorporates organizations that acknowledge traders from your area.

Hantec Markets – Hantec Markets is a multi-regulated online FX broker providing MT4, and custom-made assistance is giving gigantic adaptability to suit any trader.

Fortrade – Fortrade is a multi-resource broker contributing a straightforward live account with cutting edge tools.

HYCM – Exchange on the monetary markets with minimal expense, leveraged items at HYCM.

FXCC – FXCC is a profoundly regulated and reliable MT4 trading broker.

RoboForex – RoboForex is a multi-resource online broker contributing amazing trading helpers.

FAQ

How would I open an account with Noble Trading?

Select Open Real Account from the top of the broker’s site and adhere to the guidelines. Account enrollment requires a few minutes.

What is the base deposit to open an account?

To open a Basic account, the broker requires a base deposit of $100. To open a Standard account, you’ll need to store $500, and for a Professional account, $5,000.

Does Noble Trading offer negative balance protection?

The broker doesn’t ensure negative balance protection. It does, in any case, monitor the dangers being made by customers and may stride in to ensure them.

What trading platforms does Noble Trading offer?

The platform utilized by Noble Trading is MetaTrader 4, which customers can download free of charge. The simple to-utilize platform is an industry top pick and furthermore upholds automated contributing.

Is Noble Trading a trick?

Noble Trading isn’t authorized by any regulatory organization. Subsequently, we can’t ensure its wellbeing and would suggest other providers first.