Noble Capital House Review

Reason to avoid: No License

Listed Date: November 13, 2018

Top 3 Regulated Forex Brokers

Beware Noble Capital House is an Offshore-Licensed Broker. It is NOT SAFE to trade.

  • Company name: 

Noble Capital House. FXG Trade.

  • Registration Address/ License:

St. Vincent and the Grenadines. Offshore License, No Regulation. 

Noble Capital House offers convenient trading conditions on a range of trading instruments throughout various account types and education with support from the company. The broker also promises safety of funds by using separate bank accounts and compliance to international standards of service.

Noble Capital House Review

However, the company is located in St. Vincent and the Grenadines, which is a known location for its liberal requirements towards financial firms and their maintenance. That means the company establishes and reliability requirement are very low, do not meet international standards that truly protect clients and what is more that none of the authorities check-on every step of the company. Therefore, any offshore firm cannot be a safe option due to lack of regulations.

In addition, authorities of reputable forex and trading hubs supervising offerings among their jurisdictions and warn on the companies that are not set in accordance with the protective rules. Thus, Noble Capital House appeared in blacklists of UK’s FCA, while another partner regulators followed the necessary actions.

“We believe this firm has been providing financial services or products in the UK without our authorization. We strongly recommend to be especially wary of dealing with this unauthorized firm and to protect yourself from scammers. We advise to only deal with financial firms that are regulated and authorized to perform financial business.”

FCA, UK. April 2018.

In order to establish a successful trading carrier and process it is at paramount and first priority to choose a broker to trust, that’s why we advise avoiding non legitimate companies and to choose only among the recommended FCA Regulated brokers or similar regulated entities.

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