noor capital markets
XM
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Overview
noor capital markets was founded in 2019 and is headquartered in USA, while XM was established in 2009 and is based in Cyprus. noor capital markets holds licences including UAE Securities and Commodities Authority (SCA), while XM is regulated by International Financial Services Commission(IFSC) among others. noor capital markets serves 1,000,000+ clients worldwide; XM has 3,500,000+. The minimum deposit is $250 at noor capital markets and $5 at XM.
| Feature | noor capital markets | XM |
|---|---|---|
| Min. Deposit | $250 | $5 |
| Regulation | UAE Securities and Commodities Authority (SCA) | International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2019 | 2009 |
| Country | USA | Cyprus |
| Clients | 1,000,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between noor capital markets and XM, directly affecting your bottom line as a trader. noor capital markets has a lower barrier to entry with a minimum deposit of $250 (vs $5 at XM). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, XM scores higher on fees in our assessment.
| Feature | noor capital markets | XM |
|---|---|---|
| Min. Deposit | $250 | $5 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
noor capital markets offers MT4, MT5, cTrader, while XM supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | noor capital markets | XM |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how noor capital markets and XM compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. noor capital markets scores higher overall in education and research.
| Feature | noor capital markets | XM |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. noor capital markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while XM supports 3 (bank transfer, credit/debit card, Neteller). noor capital markets uniquely supports PayPal and Skrill among the two brokers. noor capital markets scores higher on deposit and withdrawal flexibility.
| Feature | noor capital markets | XM |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both noor capital markets and XM offer live chat support. Both provide phone support. Email support is available at both brokers. noor capital markets supports 8 languages and XM supports 20, giving XM broader global reach. Both brokers are comparable on support quality.
| Feature | noor capital markets | XM |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish |