We know that there are plenty of brokerage firms out there, vying to have your account opened with them.
Here are reasons why you don’t want to risk your money anywhere else;
Technology
Superior Technology. Period.
Our order clearance engine is far superior and has set standards that will revolutionize the FX industry. We are setting the standards for the fastest execution time and least number of requotes for a STP broker.
Find out more on our technology page as to why your order has the best chance of clearing on our peerless technology standards.
Fund Managers, First.
We know the games brokers play. Being fund managers, we have created this framework of impeccable standards with complete transparency. From technology, corporate governance to customer service standards, we want the best and we say it as it is.
Multi Platform Trading
We understand your need to access the markets on multiple platforms and when on the go.
It is your choice of platform when trading with us;
- Web Based Trading Platform MT4 MetaTrader
- Platform-Windows based
- IPhone Trader
- IPad Trader
- Android Trading Platform
Binary Options within MT4
Have the luxury and flexibility of trading Binary Options within your preferred MT4 platform itself! You no longer need to dabble with multiple platforms, maintain multiple margins and constantly worry about handling both accounts. Harness the power of our technology and take your trading to a whole new level!
Broker Ethics
No Dealing Desk
Many brokers claim that they don’t have a dealing desk but outsource their dealing desks to their partner firms. They call them their “liquidity provider” and then split “profits” from client losses.
NoaFX is a 100% STP broker with no such practices. With more than 70% fund management trade flows, we cannot afford to take the other side of consistently profitable traders!
Straight Through Processing
All orders we broker for you is directly cleared with our liquidity providers. We receive commissions for each trade we clear, using their lines. Because we clear billions of lots each month, we make risk free profits just clearing our orders. We don’t have to take unnecessary risks betting against clients’ trades.
If you are a high volume trader, we can give you preferred pricing. Further, if you are a scalper or a high frequency trader(most other brokerage houses hate you), we would love to clear your orders!
We also utilize/schedule our liquidity providers to prioritize your order clearance through high speed parallel processing engines, using rule based conditions, at different times of the day
Corporate Governance
Licensed in a reputable jurisdiction
NoaFX incorporated and licensed in a reputable jurisdiction operates under Capital Market Investments Limited.
Top Prime Banks as Deposit Custodians
Our banking services are with prime banks which are either Tier 1 banks globally or of the top 3 banks within that country itself.
Fund Segregation
Company funds and client funds are kept in two separate bank accounts and managed under different fiduciary controlling officers. This way, we ensure no one has the right to use clients’ funds for any other reason than funding of clients’ trades.
3rd Party Trustee Administered Deposit Facility
Our client deposits are held in a separate bank account. This bank account is also a trust facility, administered by a certified law firm. This ensures that we cannot solely transact on this bank account having your account funds. Every single transaction has to be dual approved by both the company and the trustee. You can assume that with each transaction that involves more work as such, our admin costs and transaction costs for the trustee’s services too are increased. However, this is both a necessary and assuring measure to ensure safety of your funds.
Clients may choose to enjoy the safety of a trust facility, for a nominal fee. Trust facilities are usually only available for clients of high net worth and at an expensive cost to maintain.
NoaFX has heavily subsidized these costs, so as to give you a peace of mind. Regardless of account size, background or performance, your funds can be safekept in a trust facility.
By the way, we don’t just say we have a trust facility for marketing purposes. When you wire your funds over, you will see the facility’s details setup as such!
Company Audited Financials
Each financial year, our financial statements and health is audited by top auditing firms to give you the confidence and assurance that you are in good hands. Auditing is an expensive and arduous process. We do it anyway to ensure your safety of funds and assure you that there is another firm ensuring it too.
Trading Conditions, Environment
Trade Performance Transparency
Every brokerage house tells you that their technology and performance is superior to any other firm. Then again, how do you know?
We feel that ourresults speak for themselves.
Eachmonth, we publish all our trade performance statistics on our website. Theseare audited statements, so what you see is quite simply what you get.
Any order Size
Trade any order size under your MT4 Account. (Micro lot order at 0.01 lot size or 1,000 contracts).
Customer Service
We strive to provide world class customer service to all our clients, regardless of account size, volume, or profitability.
We intend to offer this by:
- We intend to offer this within 30 minutes of mail response time
- 6 hours e-mail resolution time
- 24 hours over 5 days live chat service
We aim to offer multi-lingual support as our client base grows. If you need support in a certain language for your client base, please let us know.
Funding, Withdrawal Methods, Fast and Easy!
A wide range of options are available to fund your trading account. We offerdebit card withdrawal options so you could shop with your trading profits loaded to your card.
Most funding/withdrawal requests are processed within 1 working day.
Company Philosophy
We promote personal voluntary donations through our trading network. Voluntary donations are used for:
- Micro loan facilities through entrepreneurial schemes and financing programs
- Charity, relief fund, and other social welfare activities
Brokerage Info:
Legal Name: NoaFX
Operational Since: 2011
Domiciled Country: St. Vincent and the Grenadines
Headquarters City: Beachmont, Kingstown
International Offices: Malaysia
Regulation: Not regulated
Monthly Volume In USD: Undisclosed
Number Of Liquidity Providers: 16
Managed Account Services: Yes
Markets/Instraments: Forex, CFDs, Metals, Binary Options, Indices
Parent/Subsidiary/Affiliations: Independent Broker
Account Parameters:
Broker Type: STP
Account Types: Ultra;Mini, Pro;Multi-instrument
MAM/PAMM Accounts: Yes
Min. Deposit: $10 / $1,000 Pro account
Minimum lot size: 0.01 (micro) lots
Max Leverage: 1:500 / 1:400 Pro account
Spread type: Fixed & Variable
Execution Type: Market execution, Pending order
Payment options: Credit cards, Wire transfer, Neteller, Skrill, Payza, China UnionPay, Fasapay
Withdrawal options: Same as funding source
Accept US clients: No
Trading Features:
Currency Pairs Total: 32
Trading platforms: MT4, MacTrader
Commission Fees: Ask
News Trading: Yes
Mirror/Social Trading: No
Scalping: Yes
Hedging: Yes
Expert Advisors: Yes
Swap Free: Yes
API support: Yes
OCO Orders: No