FXNOBEL Review

About FXNOBEL

FXNobel is registered as FXNobel Ltd and holds a trust license issued by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines (SVG), license number 24819 IBC 2020. FXNobel offers trading across asset classes including forex and contracts for difference (CFDs) on instruments such as indices, commodities, and cryptocurrencies. Platforms available include MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Account types include Standard and ECN, with a minimum deposit requirement of USD 200 for Standard accounts and USD 5000 for ECN accounts. Spreads for major forex pairs start from 1.8 pips on Standard and 0.1 pips + commission on ECN. Maximum leverage is 1:500. Base currencies offered are USD, EUR, and GBP. The broker provides swap-free (Islamic) account options. Hedging, scalping, and the use of Expert Advisors (EAs) are permitted. Official website is fxnobel.com.

Who it’s for

• Traders seeking forex and CFD access with high leverage up to 1:500.
• Users preferring to trade via MT4 or MT5 platforms.
• Islamic traders requiring swap-free account options.
• Scalpers, hedgers, and algorithmic traders (EAs) allowed in terms of execution policies.

Pros and cons

Pros

• Wide range of account types (Standard and ECN) catering to different trader needs.
• High maximum leverage of 1:500, appealing to aggressive trading strategies.
• Islamic (swap-free) accounts available for compliance with Sharia rules.

Cons

• Licensed only in Saint Vincent and the Grenadines, which does not offer robust regulatory protection.