Financial Terms

Noor Capital UK Limited offers you the opportunity to trade on Foreign Exchange (FX) , Indices, Commodities and Equities using one of the most popular trading platforms in the world - MetaTrader 5.

Market Information

Instrument Required Margin1 Markup Fee (Pips) Value time2 Pip Factor3 Minimum trade size Contract size
AUDCAD Dynamic 0.4 21:59 0.0001 1,000 100,000
AUDJPY Dynamic 0.4 21:59 0.01 1,000 100,000
AUDNZD Dynamic 0.4 21:59 0.0001 1,000 100,000
AUDUSD Dynamic 0.3 21:59 0.0001 1,000 100,000
CADCHF Dynamic 0.4 21:59 0.0001 1,000 100,000
CADJPY Dynamic 0.4 21:59 0.01 1,000 100,000
CHFJPY Dynamic 0.4 21:59 0.01 1,000 100,000
EURCAD Dynamic 0.4 21:59 0.0001 1,000 100,000
EURCHF Dynamic 0.4 21:59 0.0001 1,000 100,000
EURGBP Dynamic 0.4 21:59 0.0001 1,000 100,000
EURJPY Dynamic 0.4 21:59 0.01 1,000 100,000
EURUSD Dynamic 0.2 21:59 0.0001 1,000 100,000
GBPCAD Dynamic 0.4 21:59 0.0001 1,000 100,000
GBPJPY Dynamic 0.4 21:59 0.01 1,000 100,000
GBPUSD Dynamic 0.3 21:59 0.0001 1,000 100,000
NZDCAD Dynamic 0.4 21:59 0.0001 1,000 100,000
NZDUSD Dynamic 0.3 21:59 0.0001 1,000 100,000
USDCAD Dynamic 0.3 21:59 0.0001 1,000 100,000
USDCHF Dynamic 0.3 21:59 0.0001 1,000 100,000
USDDKK Dynamic 0.4 21:59 0.0001 1,000 100,000
USDJPY Dynamic 0.2 21:59 0.01 1,000 100,000
USDNOK Dynamic 0.5 21:59 0.0001 1,000 100,000
USDPLN Dynamic 0.5 21:59 0.0001 1,000 100,000
USDSEK Dynamic 0.5 21:59 0.0001 1,000 100,000
USDSGD Dynamic 0.4 21:59 0.0001 1,000 100,000
USDZAR Dynamic 0.5 21:59 0.0001 1,000 100,000
Instrument Required Margin1 Markup Fee (Pips) Value time2 Pip Factor3 Minimum trade size Contract size
AUDCHF Dynamic 0.4 21:59 0.0001 1,000 100,000
CHFPLN Dynamic 0.5 21:59 0.0001 1,000 100,000
CHFSGD Dynamic 0.5 21:59 0.0001 1,000 100,000
EURAUD Dynamic 0.4 21:59 0.0001 1,000 100,000
EURDKK Dynamic 0.4 21:59 0.0001 1,000 100,000
EURNOK Dynamic 0.5 21:59 0.0001 1,000 100,000
EURNZD Dynamic 0.4 21:59 0.0001 1,000 100,000
EURSEK Dynamic 0.5 21:59 0.0001 1,000 100,000
EURSGD Dynamic 0.5 21:59 0.0001 1,000 100,000
GBPAUD Dynamic 0.4 21:59 0.0001 1,000 100,000
GBPCHF Dynamic 0.5 21:59 0.0001 1,000 100,000
GBPNZD Dynamic 0.4 21:59 0.0001 1,000 100,000
GBPPLN Dynamic 0.5 21:59 0.0001 1,000 100,000
NZDCHF Dynamic 0.4 21:59 0.0001 1,000 100,000
NZDJPY Dynamic 0.4 21:59 0.01 1,000 100,000
NZDSGD Dynamic 0.5 21:59 0.0001 1,000 100,000
USDCNH Dynamic 0.5 21:59 0.0001 1,000 100,000
USDHKD Dynamic 0.4 21:59 0.0001 1,000 100,000
USDMXN Dynamic 0.5 21:59 0.0001 1,000 100,000
USDRUB Dynamic 0.3 21:59 0.0001 1,000 100,000
Instrument Required Margin1 Markup Fee (Pips) Value time2 Pip Factor3 Minimum trade size Contract size
AUDNOK Dynamic 0.3 21:59 0.0001 1,000 100,000
AUDSEK Dynamic 0.3 21:59 0.0001 1,000 100,000
AUDSGD Dynamic 0.3 21:59 0.0001 1,000 100,000
CADSGD Dynamic 0.3 21:59 0.0001 1,000 100,000
CHFNOK Dynamic 0.3 21:59 0.0001 1,000 100,000
EURCZK Dynamic 0.2 21:59 0.001 1,000 100,000
EURHUF Dynamic 0.5 21:59 0.01 1,000 100,000
EURMXN Dynamic 0.5 21:59 0.0001 1,000 100,000
EURPLN Dynamic 0.3 21:59 0.0001 1,000 100,000
EURRUB Dynamic 0.3 21:59 0.0001 1,000 100,000
EURTRY Dynamic 0.5 21:59 0.0001 1,000 100,000
EURZAR Dynamic 0.5 21:59 0.0001 1,000 100,000
GBPDKK Dynamic 0.5 21:59 0.0001 1,000 100,000
GBPHKD Dynamic 0.3 21:59 0.0001 1,000 100,000
GBPSEK Dynamic 0.5 21:59 0.0001 1,000 100,000
GBPSGD Dynamic 0.5 21:59 0.0001 1,000 100,000
GBPZAR Dynamic 0.5 21:59 0.0001 1,000 100,000
USDCZK Dynamic 0.4 21:59 0.001 1,000 100,000
USDHUF Dynamic 0.5 21:59 0.01 1,000 100,000
USDTRY Dynamic 0.5 21:59 0.0001 1,000 100,000
Symbol Instrument Currency Required Margin1 Contract Size MinTrade Size (Lots) Tick Factor2 Tick Value3 Charging Structure4 Financing Charged5
AUS200 Australia 200 Index AUD Dynamic 1 Index 1 1 index point 1 AUD Commission & Spread Yes
Germany 30 Germany 30 Index EUR Dynamic 1 Index 1 1 index point 1 EUR Commission & Spread Yes
Spain 35 Spain 35 Index EUR Dynamic 1 Index 1 1 index point 1 EUR Commission & Spread Yes
France 40 France 40 Index EUR Dynamic 1 Index 1 1 index point 1 EUR Commission & Spread Yes
Japan 225 Japan 225 Index JPY Dynamic 100 Indexes 1 1 index point 100 JPY Commission & Spread Yes
EU Stocks 50 EU Stocks 50 Index EUR Dynamic 1 Index 1 1 index point 1 EUR Commission & Spread Yes
UK 100 UK 100 Index GBP Dynamic 1 Index 1 1 index point 1 GBP Commission & Spread Yes
US 30 US Wall Street 30 Index USD Dynamic 1 Index 1 1 index point 1 USD Commission & Spread Yes
US 500 US SPX 500 Index USD Dynamic 1 Index 1 1 index point 1 USD Commission & Spread Yes
USTEC 100 US Tech 100 Index USD Dynamic 1 Index 1 1 index point 1 USD Commission & Spread Yes
Symbol Instrument Currency Required Margin1 Contract Size MinTrade Size (Lots) Tick Factor2 Tick Value3 Charging Structure4 Financing Charged5
Gold Spot Gold USD Dynamic 1 CFD = 100 Troy oz 0.01 0.01 1 USD Commission & Spread Yes
Silver Spot Silver USD Dynamic 1CFD = 5000 OZ 0.01 0.001 5 USD Commission & Spread Yes
US Oil US Oil Spot USD Dynamic 1CFD = 1000 Bls 0.1 0.01 10 USD Commission & Spread Yes
UK Oil UK Oil Spot USD Dynamic 1CFD = 1000 Bls 0.1 0.01 10 USD Commission & Spread Yes
Country Symbol Currency Required Margin1 Contract Size MinTrade Size (Lots) Tick Factor2 Tick Value3 Charging Structure4 Financing Charged5
US No Symbol* USD Fixed Margin** 1 CFD = 1 share 1 1 US Cent 1 US Cent Commission & Spread Yes
Country Symbol Currency Required Margin1 Contract Size MinTrade Size (Lots) Tick Factor2 Tick Value3 Charging Structure4 Financing Charged5
US Symbol.US* USD Fixed Margin** 1 LOT = 1 share 1 0.01 1 US Cent Commission & Trading Fees No

1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement) click here.

2 All times are GMT. Value time represent the reference time for the EOD activities (including Swaps and statements) for the MT5 trading accounts. During the DST off period the above timings are applicable with DST on the applicable time is 20:59.

3 Pip factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

4 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see trading cost guide for further information regarding financing, or click here.

5 Tick factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

6 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.

7 Profits and losses are converted to the base currency of the account using the mid-price of the FX Spot rate +/- 0.5%, when you close the position. The same method of conversion is also applied to any other trading costs.

9 Open Positions rolled over on Wednesday to Thursday (all currency except for CAD, RUB & TRY) will include weekend swaps charges.

10 Open Positions rolled over will be charged 20% mark-up of the total inter-bank/LP interest rates.

11 Open Positions rolled over on Thursday to Friday (For CAD, RUB & TRY only) will include weekend swaps charges.

12 Open positions on USD Equity CFDs rolled over on Friday to Saturday will incur a 3 days financing charge including a Weekend financing charge.

1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.

2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.

4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.

5 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.

6 All orders in CFDs are routed as Market orders.

7 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.

For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.


Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.

2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.

4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.

5 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.

6 All orders in CFDs are routed as Market orders.

7 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.

For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.

12 'xx' refers to the expiry month and year. The first letter is the expiry month:
Month codes are as follows: F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec And Second letter is the year:
e.g. Sep-2020 is 'U0' Where the ‘0’ represents 20


Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.

2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.

4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.

5 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.

6 All orders in CFDs are routed as Market orders.

7 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.

For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.


Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.

2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.

4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.

5 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.

6 All orders in CFDs are routed as Market orders.

7 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.

For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.

12 'xx' refers to the expiry month and year. The first letter is the expiry month:
Month codes are as follows: F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec And Second letter is the year:
e.g. Sep-2020 is 'U0' Where the ‘0’ represents 20


Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.

2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.

4 Charging structure is how you will be charged for trading the specified product. Both commission and spread markup are charged for equity CFDs . Please see Pricing sheet below for the trading costs

5 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, , or click here.

7 IT IS THE CLIENT’S RESPONSIBILITY TO BE AWARE OF MARKET EXPIRIES AND MANAGE POSITIONS ACCORDINGLY

8 All orders in CFDs are routed as Market orders

9 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us

* US stocks may be stated without any country extension (eg: '.US') but with just their ticker symbols.

** A fixed margin is charged for all equity trades. See Equities for equity margins

Download the full list of the US stocks from here


Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

1 All orders in US Cash Equities are routed as Market orders.

2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.

3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor) in the specified product.

4 Charging structure is how you will be charged for trading the specified product. Both commission and fees are charged for cash equity. Please see Pricing sheet below for the trading costs.

5 This product is non leveraged product, therefore, the margin requirement is 100% of the value of the running position at all times.

6 The Margin/ Free Margin for Cash equities is updated for every 5% of the movement of the underlying instrument/stock.

7 Settlement of Cash Equities is on T+2 basis, therefore in some cases your realised P&L might be adjusted in accordance to the settlement time frame (i.e. T+2).

8 The base currency of your account(s) is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.

Pricing Sheet

Symbol Instrument Currency Commission (per lot per RT) - Silver/ Gold/ Platinum Account (USD) Price Spreads(Ticks)2
Spot Commodities
Gold USD 7 / 6 / 5 0.03
Silver USD 7 / 6 / 5 0.005
US Oil USD 5 / 3 / 1.5 0.02
UK Oil USD 5 / 3 / 1.5 0.02
Cash Indices
AUS200 AUD 0.5 / 0.3 / 0.15 3 1
Germany 30 EUR 0.5 / 0.3 / 0.15 1
Spain 35 EUR 0.5 / 0.3 / 0.15 1
France 40 EUR 0.5 / 0.3 / 0.15 1
Japan 225 JPY 0.5 / 0.3 / 0.15 2
EU Stocks 50 EUR 0.5 / 0.3 / 0.15 1
UK 100 GBP 0.5 / 0.3 / 0.15 1
US 30 USD 0.5 / 0.3 / 0.15 1
US 500 USD 0.5 / 0.3 / 0.15 1
USTEC 100 USD 0.5 / 0.3 / 0.15 1
ETFs
ACWI.ETF USD From 1 (Cent/Share) From $1.25
BND.ETF USD From 1 (Cent/Share) From $1.25
ICLN.ETF USD From 1 (Cent/Share) From $1.25
IEI.ETF USD From 1 (Cent/Share) From $1.25
QQQ.ETF USD From 1 (Cent/Share) From $1.25
SHV.ETF USD From 1 (Cent/Share) From $1.25
SHY.ETF USD From 1 (Cent/Share) From $1.25
SUSL.ETF USD From 1 (Cent/Share) From $1.25
TLT.ETF USD From 1 (Cent/Share) From $1.25
TQQQ.ETF USD From 1 (Cent/Share) From $1.25
VCIT.ETF USD From 1 (Cent/Share) From $1.25
VCSH.ETF USD From 1 (Cent/Share) From $1.25
VXUS.ETF USD From 1 (Cent/Share) From $1.25
US Equities USD SILVER- MIN OF $1.75/TRADE OR 1.5CENTS /SHARE
GOLD- MIN OF $1.50/TRADE OR 1.2CENTS /SHARE
PLATINUM- MIN OF $1.25/TRADE OR 1.0CENTS /SHARE
As low as $0.02
Cash Equities USD SILVER- MIN OF $5/TRADE OR 0.02 CENTS/SHARE
GOLD- MIN OF $4/TRADE OR 0.015 CENTS/SHARE
PLATINUM- MIN OF $3/TRADE OR 0.0 1CENTS/SHARE
For the US Single Stock
Please refer the spreads as "Raw Spreads"
FX1 Various - Refer to Quoting
Currency of the cross
7 / 6 / 51 Refer to Markup Fee on the
Market Information Sheet above

1 For Spot FX and Spot Commodities, commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.

2 Additional Price Markup is the amount by which the raw LP spread is marked up by NC UK in absolute terms. So, for example, 0.02 means, the LP spread will be increased by 0.02.

3 If the trading account is denominated in a different currency the currency of the Equity, eg: a USD denominated account while UK shares are being traded(GBP), then the commission amount will get converted in to the equivalent amount in the denomination of the account. So for example £8 will get converted in to $10 (where GBPUSD = 1.25 in this example).

SUPPORTED ORDER TYPES

Market Orders

All requested trades will be executed as Market Orders to ensure that trades are executed at the best available market price. This helps to minimise the trade rejections and to ensure that orders are filled even at the times of Low Market Liquidity. Please note that above includes & applies to all Order types (Limit, Market & Stop), which are treated as Market Orders.


Should you have any queries to these Financial Terms please contact Noor Capital UK Limted. Commencement of trading with Noor Capital UK Limited shall be deemed as acceptance of these Financial Terms.

 

The above Financial Terms should be used in conjunction with Noor Capital UK Limited Standard Terms of Business. We will endeavour to provide you with notice should these Financial Terms change, however, it remains your sole responsibility to ensure that you view this page on regular basis in order to keep updated on any changes.

 

STOP OUT

Where an account reaches the stop-out levels, the margin positions with the highest losses shall be closed automatically until account is back within the required margin limits/levels.
 
In case where largest loss is represented by a market which is currently out of trading hours, hence the underlying market is closed, the system shall ignore the highest losses for such closed markets, and shall automatically close the margin trades with next highest losses for the active markets at that time, and the process shall continue until the account is back within the required margin limits/levels.