About the company:

Noble Trading is a forex broker that offers both manual and automatic trading options. United Capital Group Limited, a financial firm, created it in 2015. Although it is currently unlicensed by a respectable regulating organization, the broker, based in the British Virgin Islands, provides services to all nations except Belgium, Canada, and the United States.

The firm offers 49 different currency pairings to trade. Apart from forex, however, there are just nine stock indexes and one crude oil instrument to choose from. There are no cryptocurrencies or bonds to invest in.

Trading platforms

The most widely used forex software, MT4, comes with 50 customizable indicators, 30 technical analysis tools, and nine timeline choices. The user-friendly software also allows for automated investment. MT4 is a free download for Windows and Mac devices that is suitable for both novice and experienced traders.

The platform also has a mobile version that works on both Apple and Android smartphones. The app has the majority of the capabilities included in the desktop version, but with fewer analysis and customization possibilities. With one-touch order execution and visible market information, mobile traders can trade from anywhere.

Spreads and commissions

For professional account holders, the organization offers fairly reasonable spreads. Typical spreads on key currency pairings, such as EUR/GBP, EUR/USD, and GBP/USD, are 0.28 pips. Pips for the same pairs are closer to 3 pips for underlying account holders.

The broker also charges a $10 per lot commission for basic accounts, which is reduced to $7 and $5 for standard and professional accounts, respectively. Overnight holdings are subject to swaps.

Leverage

The maximum leverage rates differ depending on the account type. Basic accounts have leverage of up to 1:100, standard accounts have leverage of up to 1:200, and professional accounts have leverage of up to 1:400. All instruments have the same leverage level.

Payment methods

The organization accepts bank transfers as well as Visa and MasterCard credit cards. Bank transfers are free, albeit fees and conversion rates may be charged by the banks. For transactions in euros, payment cards are free, while deposits in dollars incur a 2% cost.

If requested before 13:00 and in USD, withdrawals are executed the same day, while all other withdrawals take up to two business days. Withdrawals of less than $1,000 are charged a $30 fee, while withdrawals of less than $800 are charged a $16 cost.

Offers

On deposits of $1,000 or more, the broker offers a 30% welcome bonus. This, however, may only be used to raise the margin and cannot be taken away. If you trade more than 50 lots per month on a professional account, you can get a 50% payback on commissions paid.

Demo account

Clients can use the brokerage’s demo account to acquire a feel for the broker and the markets without jeopardizing their own money. It’s also an excellent place to learn new tactics using the MT4 platform in a risk-free environment.

Additional features

A “Knowledge Base” is a little instructional element provided by the broker. It includes definitions and examples of essential trading concepts like spreads and margins, as well as a full economic calendar and a stream of market and economic news.

The FIX API is available to clients that trade in large quantities. This is offered to accounts with a balance of more than $25,000 and a monthly trading volume of 500 lots. The broker charges a $1,000 fee if clients utilize the FIX API but do not meet their goal volume.

Account types

Basic account

• $10 commission
• Spreads start at 3 pips.
• Leverage of up to 1:100
• A $100 deposit is required.

Standard account

• $7 commission
• Educational activities
• Automated Services
• Leverage is available up to 1:200.
• Spreads start at 1.5 pips.
• A $500 deposit is required.

Professional account

• $5 commission
• Educational activities
• Automated Services
• Leverage is available up to 1:400.
• A $5,000 deposit is required.
• Spreads start at 0.7 pips.
• A dedicated account manager

Trading hours

You may trade whenever the markets are open, and you can log into your accounts at any time during the week. Forex markets are typically open 24 hours a day, seven days a week, with Sundays starting at 22:00 GMT and Fridays ending at 22:00 GMT. Other CFDs may have different operating hours to correspond to their market’s opening and closing periods.