NCM Global: MT5 markets, contract sizes and funding terms

This profile covers the Mauritius NCM Global service at ncmgo.com. The site provides live and demo routes and MT5 access; it does not publish a stable multi-tier retail account comparison with deposit minima on the pages examined.[2]

The forex onboarding guide requests email, identity, proof of address and bank details.[4]

The Mauritius agreement excludes US citizens or taxpayers.[5]

View full spreads & trading costs

The equity page describes MT5 trading and states that one lot corresponds to one share. This is a sizing statement, not evidence of share custody.[7]

The Mauritius agreement defines OTC CFDs as exposure without ownership of the underlying asset.[5]

For XAUUSD only, the stated USD0.50 price spread across a 100-ounce lot implies USD50 of spread exposure. This arithmetic example excludes commission, swaps and slippage; it is not a guaranteed round-trip trading cost.[8]

The index page describes March, June, September and December expiry months. Holding a dated CFD requires checking the actual contract expiry and rollover treatment, rather than assuming an indefinite cash-index position.[10]

The agreement permits daily financing at rates affected by market conditions and broker discretion, and requires payment of applicable fees. A published product spread alone does not establish commission-free trading.[5]

The forex service describes PC, mobile and web access, charting, order management and automated trading. It advertises GTC and GTD order validity. The public material does not establish that desktop robots, custom indicators or saved workspace layouts persist identically on every device.[4]

The client agreement prohibits scalping/pip trading and exploiting illiquid market openings. Breaches can lead to immediate account closure and claims for damages. The platform’s automation capability therefore does not grant unrestricted permission for every automated strategy.[5]

The withdrawal form asks for portfolio and MetaTrader account identifiers, requested amount, contact information and bank details, with a dated signature. It does not state a guaranteed processing time or comprehensive withdrawal tariff.[14]

A bank-detail change requires a signed request containing bank name, account number, SWIFT/IBAN and a copy of the latest bank statement. The form does not specify a cooling-off period after the change.[15]

The separate closure form requests the destination bank account for the available balance and records departmental approvals. No inactivity charging schedule was located in the reviewed public agreement and forms; this documented closure process is not evidence of an inactivity fee.[16]

For crypto funding, the agreement requires the client’s own wallet and bars shared private keys or third-party wallet transactions. Wallet security remains the client’s responsibility.[5]

The agreement says client funds are segregated, but funds transferred outright as security are treated differently. It also preserves deficit liability beyond deposited funds.[5]

NCM’s Mauritius risk policy expressly states that statutory compensation arrangements do not protect clients. It also warns that the regulator has not vouched for product soundness. No separate insured reimbursement ceiling or aggregate policy was established in the reviewed materials.[12]

The current complaint form requests account and transaction details, dates, supporting material and the remedy sought. Preserve evidence of any rejected or delayed order as well as the complaint correspondence.[18]

Execution discrepancies must be reported immediately and no later than one business day; account statements are deemed accepted after one month without challenge.[5]

The privacy notice describes SSL protection for transmitted data. It does not specify multi-factor enrolment, lost-device recovery or withdrawal holds after a password reset. The published bank-update evidence requirement is a separate control.[19]

The commodity service describes NoorCM Academy webinars and learning resources. These are educational services rather than a documented managed-investment programme. The reviewed pages did not establish an NCM Global copy-trading mandate or a withdrawable retail cash-bonus campaign.[20]

FIX and customized APIs are advertised within the Liquidity Provider Partnership for regulated financial institutions authorised to hold client funds. This is an institutional offer, not evidence that an ordinary retail login receives order, account-data or withdrawal API permissions.[21]

The introducing-broker service describes volume-based remuneration and a back office displaying referred accounts, balances, positions and profit/loss. That partner facility is distinct from a customer’s personal statement export or tax reporting.[21]

The Mauritius company identifies registration 184913 and a 2022 founding date. The group homepage uses 2009 for the wider NCM group; those dates describe different scopes.[1][2]

NCM Financial UK Ltd’s own site describes FCA reference 1000594 and serves professional clients and eligible counterparties only. Companies House confirms company 13815702. UK eligibility and protections must not be applied to this Mauritius retail profile.[3][23]

The NCM group’s Jordan name contains “Noor Capital Markets”. Its disclosures do not establish an identity match with UAE Noor Capital P.S.C. or Noor Capital UK/House of Borse; similar wording alone does not establish shared ownership or permissions.[22]

Headquarters

Mauritius — profiled entity

Founded

2022 — NCM Global company disclosure

NCM Global’s FX and CFD service publishes metal, energy and crypto contract examples. Reconcile the live symbol specification with the account fee schedule and strategy restrictions. Published marketing fill-rate claims were not independently execution-tested.[4]