NoaPrime

NoaPrime is a forex broker that was registered in the United Kingdom on 3 April 2019. The company operates under the domain noaprime.com, which is currently inaccessible. According to its registration records, NoaPrime positions itself as an online trading provider, though its actual operations remain unclear due to the lack of a functioning website.

Despite being a registered UK entity, NoaPrime has drawn scrutiny from industry watchdogs. The broker claimed to be authorised by the Financial Conduct Authority (FCA) under licence number 470392. However, the validity of this licence is now in question, with evidence suggesting that NoaPrime may be a clone of a legitimate FCA-regulated firm. Traders are advised to treat this broker with extreme caution.

The FCA licence 470392 that NoaPrime cites does not belong to a broker named NoaPrime. Cross-referencing the FCA register reveals that the licence is associated with a different entity, casting serious doubt on NoaPrime’s regulatory claims. The FCA has issued warnings about clone firms that misuse genuine licence numbers to appear legitimate.

As a result, FXCanary considers NoaPrime to be an unregulated broker. The company’s registration in the UK as a corporate entity does not equate to financial regulation. Without valid authorisation, traders have no recourse to the Financial Ombudsman Service or the Financial Services Compensation Scheme, leaving them exposed in the event of a dispute.

NoaPrime was incorporated in the United Kingdom on 3 April 2019, according to public company records. The company’s registered address and directorship details are available from Companies House, but these provide limited insight into the operational status of the broker. The official website, noaprime.com, is no longer accessible, and no mirror or alternative domains have been identified.

This lack of online presence is a significant red flag. Many illegitimate brokers operate for a short period before shutting down their websites to avoid scrutiny. The fact that NoaPrime’s site is completely offline suggests that the broker may have ceased operations or is intentionally evading detection. Aggregated industry data further highlights the broker’s obscurity, with minimal or no independent reviews available.

NoaPrime maintains a presence on Facebook and Twitter/X, though activity on these platforms appears limited. Social media can be a useful tool for legitimate brokers to engage with clients, but in this case, the accounts may be dormant or used primarily for one-way communication. We were unable to verify any active client support channels or live chat functions.

The inability to access the broker’s website means that potential clients cannot review key trading information such as account types, trading platforms, instruments, or fees. This opacity makes it impossible for traders to conduct proper due diligence. FXCanary advises against engaging with any broker that does not provide transparent, verifiable operating information.

NoaPrime presents a high-risk profile due to its questionable regulatory status, inaccessible website, and lack of independent user feedback. The broker’s claim of FCA regulation is strongly disputed, and the evidence points to it being a clone firm. Traders should consider NoaPrime as unregulated and proceed with extreme caution — or better yet, avoid it altogether.

In FXCanary’s assessment, the absence of a functional website and the opacity surrounding its operations are sufficient grounds for a guarded stance. The broker scores 35 out of 100 on our proprietary risk scale, indicating significant potential for harm. For a safer trading experience, we recommend verified, FCA-regulated brokers with a transparent track record.