NoorTrades Review

About NoorTrades

NoorTrades operates under the brand purportedly belonging to “Glastrox Trade Ltd,” registered under the Marshall Islands Business Corporation Act with purported number 91438, yet no official financial regulation or license is disclosed by any recognized authority. NoorTrades does not appear in the Financial Conduct Authority’s registry, and there is no evidence of oversight by any Tier‑1 or Tier‑2 regulator. Information from official registries indicates that a similarly named NoorTrades Ltd was a UK private limited company (company number 08720773) dissolved on 23 September 2014, suggesting no active authorized entity under this name. Sources: , ,

Despite claims of offering trading in forex (including majors, minors, and exotics), shares, indices, bonds, commodities, and cryptocurrencies, no verified details are provided regarding platforms, account types, minimum deposit, spreads, commissions, maximum leverage, base currencies, swap‑free options, hedging, scalping, expert advisors (EAs), or liquidity providers. Reported account types include “Standard” (min deposit $1,000) and “Pro” (min deposit $25,000), plus an unlimited demo account; however, such details originate from user-generated review sites and lack confirmation via official documentation or the broker’s own disclosures. Sources: ,

No warnings or orders have been issued by recognized regulators such as FCA, CySEC, ASIC, NFA, or others regarding NoorTrades. There is no evidence that it is a clone of an authorized firm, nor are any specific domains or impersonation warnings provided by regulatory notices.

Pros and cons

Cons

• Unregulated operation, no oversight by recognised financial regulators
• Claims of registration in offshore jurisdiction (Marshall Islands) without verifiable licensing
• Opaque terms regarding trading conditions, account specifications, fees, leverage, platforms
• Presence of a dissolved company in the UK under similar name suggests no active legitimate UK entity