Global Broker Regulation Inquiry App
WikiFX
Wahab 
1-2 years
Is Noor Al Mal a legit broker?
Broker Issues
Regulation
06-20
United States
WikiFX
Reply
Noor Al Mal has licenses from SCA and LFSA, but their unverified status raises concerns about their legitimacy. The SCA license is for retail forex, and the LFSA license is for straight-through processing (STP). However, due to the lack of verification, I feel it's risky to fully trust this broker without more evidence of regulatory compliance.
