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Namir TRADE

High riskForex / CFD broker
🇲🇺 Mauritius · 1-2 years · since 2024-11-08 · Namir Trade LTD
FSCA
Visit site ↗
—/5
★★★★★ ★★★★★
1 reviews ›
1
Licenses ›
1
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
51/100
Scam risk ›
1
Clone sites ›
▲ 100% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.93/10
Trustpilot—/5
Forex Peace Army—/5
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Namir TRADE operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Recently established — about 20 months old
  • Registered in Mauritius (offshore, light oversight)
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age7215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration808%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameNamir Trade LTD
Headquarters🇲🇺 Mauritius
Founded2024-11-08
Years operating1-2 years
Employees0
Official websitenamirtrade.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
C/o ANIMO ASSOCIATES (MAURITIUS) Limited, Fourth Floor, Ebene Mews 57 Cybercity, Ebene 72201 MAURITIUS.

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCADerivatives Trading License (EP)48891South Africa—

Review analysis AI

Namir Trade is a very new broker founded in late 2024 with limited public information. Its FSCA regulation is indirect (as a Juristic Representative) and its Mauritius registration does not involve a local financial services license, resulting in an elevated scam risk score of 51. Traders should exercise caution, as the broker operates with less regulatory oversight than many established competitors.

Best for
  • New traders seeking a demo account to practice
  • Traders who prefer MetaTrader 5 platform
  • Retail traders looking for multi-asset exposure
Not for
  • Traders requiring strong regulatory oversight from a top-tier regulator
  • Those needing transparent fee and spread information
  • Investors concerned about a recently established broker with limited track record
Period:
What users praise
Where reviewers are from
South Africa1

Real user reviews

Where Namir TRADE operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇺🇸 United States
🇿🇦 South Africa Licensed

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What Namir TRADE says about itself as stated by the broker · not independently verified by FXCanary

About Namir Trade

According to its website, Namir Trade LTD is a trusted partner for investing and trading, with a strong presence in South Africa and a commitment to serving clients across the continent. It claims to be an approved Juristic Representative of Lev Capital (Pty) Ltd, authorized and regulated by the Financial Sector Conduct Authority (FSP No. 48891). The company was founded in Mauritius as a Limited Liability Company with licence number GB22200757, and it operates as a global, intercontinental broker, bridging markets and opportunities worldwide.

Account Types

Namir Trade offers two main account types: a Starter Account and a Trader Account. The Starter Account is described as perfect for new traders taking their first steps, allowing risk-free practice with virtual funds in a simulated market. The Trader Account provides access to global markets including forex, stocks, and commodities, with advanced tools and competitive trading conditions, tailored for traders ready to go beyond the basics.

Trading Platform

The broker states it offers MetaTrader 5 (MT5), one of the world’s most popular trading platforms. MT5 is described as combining powerful features with an intuitive interface, suitable for both beginners and experienced traders. It is available on desktop (Windows, Mac, Linux), mobile, and web versions, allowing traders to access their accounts anytime and anywhere.

Trading Instruments

Namir Trade claims to provide access to a wide variety of markets, including forex, indices, commodities, stocks, bonds, and cryptocurrencies. The website emphasizes that traders can explore global markets and find their edge using the MT5 platform.

Customer Support and Company Information

The broker states it offers support via email (support@namirtrade.com and info@namirtrade.com) and has a LinkedIn page. Its registered address is listed as C/o ANIMO ASSOCIATES (MAURITIUS) LIMITED, Fourth Floor, Ebene Mews, 57 Cybercity, Ebene, Mauritius.

About Namir TRADE

Company Overview

Namir Trade is a retail forex and CFD broker that was established on November 8, 2024, and is headquartered in Mauritius. The broker operates under the corporate name Namir Trade LTD and is registered as a Limited Liability Company with licence number GB22200757. It presents itself as a bridge between national expertise and international reach, targeting clients across Africa and beyond.

Regulation and Licensing

Namir Trade claims to be an approved Juristic Representative of Lev Capital (Pty) Ltd, which is authorized and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under FSP No. 48891. However, the FSCA license status for Namir Trade itself is listed as empty in our regulatory records. The company is also registered in Mauritius, but it does not hold a local financial services license from the Financial Services Commission (FSC) of Mauritius. This dual regulatory structure may raise questions about the extent of investor protection available to clients.

Account Types

Namir Trade offers two live trading accounts: the Starter Account and the Trader Account. The Starter Account is designed for beginners, offering a risk-free environment with virtual funds to practice trading. The Trader Account provides access to real markets with advanced features. No information is provided about minimum deposit requirements, spreads, or commissions on the website, which may require potential clients to contact the broker for detailed terms.

Trading Platforms

The broker exclusively offers the MetaTrader 5 (MT5) platform, a widely recognized multi-asset trading platform. MT5 is available for desktop (Windows, Mac, Linux), mobile devices, and via web browser. The platform supports advanced charting tools, algorithmic trading, and in-depth market analysis, making it suitable for both manual and automated trading strategies.

Instruments and Markets

Namir Trade advertises access to a broad range of asset classes, including forex, indices, commodities, stocks, bonds, and cryptocurrencies. While the website lists these categories, no specific instruments or contract specifications are provided. Traders interested in particular markets may need to log into the platform or contact support for further details.

Target Audience

Namir Trade appears to target retail traders, particularly those new to trading, as well as experienced traders seeking a multi-asset broker with MT5. The broker emphasizes its presence in South Africa and the African continent, suggesting a regional focus. However, its registration in Mauritius indicates an intention to serve international clients.

Overview compiled by FXCanary from regulatory records and public data. full Namir TRADE review