NCM Investment Review: Learn More About This Broker
We are already aware of how crucial research is while considering trading. That is why our NCM Investment review will tell you everything you need to know about this broker.
We can tell from a quick glance that the broker is regulated by multiple agencies. We can see years of experience behind NCM Investment as we delve further.
Check out our Orbex, and VT Markets reviews to learn more about other brokers.
Who Is NCM Investment Broker?
NCM Invest is a brokerage company founded in 2009. When we initially visit their website, we can see in the disclaimer that the business is regulated by a number of authorities and has a physical presence. But who exactly is NCM Investment?
NCM Investment | Reliable Broker Must Have | |
Legal name: | NCM International Investment Company | Transparently displayed in the disclaimer or legal documents |
Regulation: | Regulated by CMA, FSA, CMB, SCA, JSC | Within your legal jurisdiction – local regulator |
Registered in: | 27th Floor, Dar Al Awadi Tower (Building No. 80 Block. 5, Ahmed Al Jaber Street Sharq, 13125, Kuwait | Your country or the country whose license applies in your legal jurisdiction |
Established: | 2009 | The older the domain – the higher the possibility the company is trustworthy |
Website: | www.ncminvest.com | Domain should be from local or international zones, no .xyz etc. |
Financial Authorities Warnings: | None | None |
Contacts: | Email: [email protected]
Jordan: +962 6562 2404 Kuwait: +965 2225 3888 UAE: +971 4319 9630 Turkey: +90 212280 6666 Malaysia: +60 8758 2900 24/6 live chat support Whatsapp contact support |
Phone, email, social media, web form |
If a withdrawal is possible: | Unclear | Yes |
Fees: | Hidden Fees | Transparent fees – list of spread and commissions |
If Active on Social Media: | Yes | Often present on social media |
Investor Protection: | No | Compensation fund |
Is NCM Investment Legit? Regulation and Security
NCM Investment is regulated by:
- NCM Investment (HQ) is licensed AP/2017.0009 | AP/2019.0003 by CMA (Kuwait).
- Labuan FSA (Malaysia) license number MB/22/0092 authorizes NCM Investment for Money Broking Ltd.
- NCM Investment Menkul Deerler A. is authorized by CMB (Turkey) license number 022 and SHUAA Capital PSC is authorized by SCA (UAE) license number 703036.
- Noor Al Mal for Local and Foreign Financial Brokerage is permitted under Jordanian Securities Commission license number 18/01533/1/3.
Although NCM Investment’s regulators are not the most well-known, having a variety of regulators might give one a feeling of security. NCM Investment is not only subject to the regulation of numerous agencies but also maintains a physical presence at all times, giving us security. NCM Investment is registered at the following addresses:
- Kuwait headquarters Mezzanine Floor, Dar Al Awadi Tower, Ahmad Al Jaber Street Sharq
- UAE The H-Hotel Dubai, Offices Tower, Level 15, Sheikh Zayed Road, Dubai
- Turkey Key Plaza 11/7 Sisli, Istanbul
- Jordan Vista Swafieh, Building 16 Second Floor, Princess Alia Street, Amman
- Malaysia Office 6, Janet Business Centre 2, 1st Floor, Paragon Labuan, Jalan Tun Mustapha 87000, Labuan
NCM Investment Broker Profile
At first glance, they look secure enough. But our NCM Investment review digs deep into this broker’s profile, trying to find even one small thing investors should be worried about.
Trading platforms: | NCM INVESTMENT MT5 |
Account types: | Variable Execution, Plus Leverage |
Financial Instruments On Offer: |
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Maximum leverage: | 1:100 |
Minimum Deposit: | $500/$1000 |
Commissions/bonuses: | None |
Mobile app: | Yes |
Desktop app: | Yes |
Autotrading: | Yes |
Demo account: | Available |
Education or Extra tools: | Webinars |
NCM Investment Account Types
There are only two account types offered:
- Plus Leverage – You get dynamic leverage with this account type and you can only trade currencies. This is suitable for those who are just starting off, but we feel that the $500 minimum deposit amount is excessive compared to other brokers. 20% or less would be the stop-out.
- Variable Execution – You can trade with more options and have a maximum leverage of 1:100 with this account type. With a minimum deposit requirement of $1,000, it’s still excessive. The stop-out ranges from 10% to 20%, though it might be less.
We can conclude that NCM Investment demands an excessively high deposit for both accounts in comparison to other brokers. However, given that they provide a Demo account, we do not believe this to be a red flag.
NCM Investment Demo Account
A Demo account is crucial while searching for a broker because you can’t just get into trading without testing their platform and services. It also offers you to start trading safely, by allowing you to test the strategies, practice trading, and do test trades.
Brokers offer us a level of safety when they offer Demo accounts. You may test out the platform with NCM Investment’s Demo account before depositing real money, which is a positive step toward learning how to trade safely.
NCM Investment Traders Reviews – Sharing Experiences
We looked into NCM Investment’s reviews and can say that they appear favorable. While there aren’t as many reviews as we might anticipate for a firm that was established a while ago, they nevertheless have a high rating of 4,6 on Google reviews.
Even though there are only less than 30 reviews overall, we checked a few of them and found that the reviewers had a history of posting anything from 500 to 4,000 reviews overall. In this way, it is confirmed that the reviews are authentic and not made up.
There are just two 1-star reviews overall, and neither of them includes a justification or a comment. However, we had to look more for this NCM Investment review, and we did find that even though they have over 16 000 followers, their Instagram like and comment count range from 5 to 20. This implies that the followers were purchased.
How NCM Investment Finds Customers?
Brokers can draw customers in a variety of ways, including social media, recommendations, advertisements, and many others. We discovered a reward offer on Instagram if you follow their profile and leave one or more tags in the comments. By gaining more followers, you can encourage Instagram to promote your profile to others.
According to our study, NCM Investment’s clients primarily originate from:
- United States
- Brazil
- France
Finding a reliable broker is difficult, especially given the large number of unregulated and risky brokers. Contact us right away to schedule your free consultation if you’re looking for a trustworthy broker.
NCM Investment Funding and Withdrawal
K-net credit/debit cards, Naps, and Benefit are the payment methods that can be used to deposit money at NCM Investment. It was intriguing to see that their deposit cap is $20,000 per day. The funds will be held for 24 Kuwaiti banking hours if more is deposited.
There are no fees associated with using a credit card to deposit with NCM Investment, however, it’s important to remember that the primary currency is KWD (Kuwaiti Dinar), therefore conversion rates will be used if you deposit in any other currency. Regarding the fees that must be paid, whether you are making a deposit using an online payment method or not, is unclear.
We couldn’t find any information about a withdrawal at NCM Investment. It could be an indication of poor communication or transparency. Brokers should make clear the details of their withdrawal procedures, such as withdrawal options, costs, processing times, and any applicable restrictions.
Our Safe Trading Experts’ Final Words About NCM Investment Broker
We can simply say that NCM Investment satisfies this requirement since we already know that regulation is the fundamental requirement a broker must meet to even be seen as trustworthy. Additionally, NCM Investment provides a Demo account so that users can test out their services before investing real funds.
Another point to remember is that NCM Investment has offices in each location where it is subject to regulation, and Google Images provides visual evidence of this. A physical presence of the company is another thing to look for in a broker.
Because transparency is crucial when trading, we do view the failure to disclose information about the possibility of a withdrawal and the existence of any fees as a red flag. We attempted to contact their customer service via live chat for withdrawal information, but no one responded. It was unexpected that no one contacted us even after we left an email considering that they provide 24/6 support.
Overall, we can say that NCM Investment receives a broker rating of 3 out of 5. There are many other brokers available who have more transparency, more affordable deposit requirements, and better communication. When you contact us, keep in mind that you are under no obligation to let us identify a trustworthy broker who suits your interests.
FAQ:
Is NCM Investment Safe?
NCM Investment is a regulated company offering a secure MT5 trading platform to test with a Demo account. We would say that while NCM Investment lacks transparency, trading with them is secure. There are undoubtedly better brokers than NCM Investment.
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