The popular broker, FXNobel is known for its trading in forex and CFD. It uses the MetaTrader4 platform for the operation, which gives users leverage of up to 1:500. There are six types of accounts one can choose from, each having different minimum deposit values.
The basic Bronze account requires a minimum of $250. The second minimum value is for the Silver account, which is $2500. The gold account requires a minimum deposit of $5000, Premium account for $10000 and Platinum account for $25000. Above all is the Royal account that starts for a minimum deposit of $100000. However, there is no information about the spread.
While FXNobel is operated by Glencoe Partners Ltd., it is not a licenced company. There are chances of fraud with one’s trading and hence users are advised to be cautious. Funds Recovery can be considered in any scam or fraud related to the trading account.