About NCM Investment
Company Overview
NCM Investment is a Kuwait-based brokerage established on June 24, 2020. The company is registered at Mezzanine Floor, Dar Al Awadi Tower, Ahmad Al Jaber Street, Sharq, Kuwait. It operates as a retail forex and CFD broker, targeting both local and international clients.
According to its official records, the firm has been active for approximately 2-5 years. Despite its relatively short history, it presents a range of trading services. However, independent public information about the broker is limited, which may raise caution for potential traders.
Regulation and Safety
FXCanary's records indicate that NCM Investment does not hold any valid regulatory license from a recognized financial authority. This means that the broker operates without the oversight of a regulatory body such as the Kuwait Capital Markets Authority or other major regulators.
Traders should be aware that unregulated brokers offer limited recourse in case of disputes. The absence of regulatory supervision increases the risk of unfair practices, and client funds may not be protected under any compensation scheme. FXCanary strongly advises exercising extreme caution when dealing with unregulated entities.
Account Types and Minimum Deposits
NCM Investment offers four account tiers: PLUS, STANDARD VARIABLE, STANDARD MARKET, and STANDARD. The PLUS account requires a minimum deposit of $500, while the other three accounts each require $1,000. Maximum leverage is set at 1:100 for the Standard accounts; the leverage for the PLUS account is not disclosed.
These account types cater to different trader preferences, with the variable spread option available on some accounts. The minimum deposit is relatively low compared to industry standards, which may appeal to retail traders with smaller capital. However, the lack of clear information on leverage for the PLUS account is a notable gap.
Trading Platforms and Spreads
The broker advertises the availability of popular trading platforms, though specific names such as MetaTrader 4 or 5 are not confirmed in the available data. Traders can choose between fixed and variable spreads depending on the account type.
No further details on platform features, execution speeds, or additional tools are provided. Potential clients should verify platform compatibility and review demo account offerings before committing funds.
Instruments and Markets
NCM Investment claims to offer a broad range of instruments including Forex, Indices, Commodities (Gold, Silver, Oil, Gas, Agriculture), and CFDs on Shares and Indices. This selection covers major asset classes, providing some diversification opportunities.
However, the depth of instrument availability (number of currency pairs, index contracts, etc.) is not specified. Traders interested in niche markets should seek confirmation from the broker directly.
Funding and Support
Information on deposit and withdrawal methods is not publicly available. The broker maintains a presence on Facebook, Instagram, and LinkedIn, indicating some social media engagement.
Customer support channels are not detailed, but the social media profiles may offer contact avenues. Given the limited transparency, traders are advised to request clear information on payment methods and support hours before opening an account.
Overview compiled by FXCanary from regulatory records and public data. full NCM Investment review