Numera International -Overview of Minimum Deposit, Leverage, Spreads

*Please note that the information provided in this table is subject to change and should be verified on the official website of Numera International.

Overview of Numera International

Established in 2022, Numera International is a relatively new forex broker offering various tradable instruments, including currency pairs, commodities, and cryptocurrencies. Numera International provides a range of trading features that are common among established forex brokers, including high leverage of up to 1:000, tight spreads, and the ability to trade on the popular MetaTrader 5 (MT5) platform. In addition, the broker offers flexible account options, including demo accounts and live accounts with varying levels of deposit requirements and trading features.

While Numera International does not provide an extensive range of educational resources, it does offer some basic tutorials on its website, as well as access to a customer support team that is available 24/7 to assist traders with any questions or concerns. The broker's website also provides information on the deposit and withdrawal methods it supports, although specific details such as fees and processing times are not readily available.

Is Numera International legit ？

Currently, Numera International is regulated in Anguill, authorized by the Anguilla Financial Services Commission (AFSC) under license no. A000000993.

Pros & Cons

Numera International appears to offer various tradable instruments and multiple account types, as well as providing a generous leverage up to 1:1000 and copy trading functionality. However, it is important to note that the lack of regulation may pose a potential risk for traders. In addition, the broker has limited educational resources and payment methods, no demo accounts, which may be a drawback for some traders. Furthermore, limited language support and customer service options, may also be limiting factors for potential clients

Market Intruments

Numera International provides traders with a diverse range of financial instruments to trade on their platform. Clients have access to more than 150 trading instruments across different asset classes, including forex currency pairs, commodities, indices, and cryptocurrencies. This broad selection of trading instruments enables traders to diversify their portfolio and potentially take advantage of market opportunities across different markets.

In terms of forex trading, Numera International offers over 50 currency pairs, including major, minor, and exotic pairs. Traders can also trade precious metals like gold and silver, and energy commodities like crude oil and natural gas. For equity traders, the broker offers indices such as the S&P 500 and NASDAQ, which are popular among traders worldwide.

In addition to these markets, Numera International also offers traders the opportunity to trade a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. This presents an excellent opportunity for traders interested in trading in the highly volatile and rapidly evolving crypto market. Overall, Numera International provides traders with a wide range of trading instruments, enabling them to take advantage of market opportunities in different asset classes.

Account Types

Numera International offers three account types targeting traders of varying experience levels and investment goals.

• Classic Account: Designed for beginners, the Classic Account provides a user-friendly platform with access to a broad range of instruments, including currency pairs, metals, and CFDs. With a minimum deposit of $2,000 USD, it offers a cost-effective entry point into the world of forex trading.

• Standard Account: Aimed at the majority of traders, the Standard Account provides tighter spreads and superior execution compared to the Classic Account. It boasts over 400 instruments and a minimum deposit of $10,000 USD. Loyalty programs are available for active traders, while features like a Personal Account Manager and news trading support ensure a comprehensive trading experience.

• VIP Account: Geared towards seasoned professionals, the VIP Account unlocks access to raw spreads and 1:400 leverage, maximizing trading opportunities. A minimum deposit of $100,000 USD grants VIP clients the benefit of unlimited trade durations and a dedicated Personal Account Manager.

How to open an account？

• To open an account with Numera International, you first need to visit their official website and click on the “Open a new Account” button located on the top right corner of the homepage.

• This will take you to a page where you will be asked to fill out a registration form with your personal information such as your name, email address, and phone number. Once you have provided your personal information, you will need to choose the account type that suits your trading needs. Numera International offers a range of account types, including Standard, MT5, Micro, Crypto, and Swap-Free. Each account type has its own features and benefits, so it's important to choose the one that best fits your trading strategy.

• After selecting your preferred account type, you will need to provide additional information, such as your country of residence, preferred currency, and trading experience. You may also be required to provide identification documents such as a passport or driver's license to verify your identity.

• Finally, once your account is funded, you can start trading in the financial markets using the platform of your choice.

Leverage

Numera International offers a generous leverage of up to 1:1000, which is significantly higher than what many other forex brokers offer. However, it is important to note that trading with high leverage comes with a higher risk of loss, and traders should be cautious and manage their risks accordingly. It is recommended that traders thoroughly understand how leverage works and use it wisely. With such high leverage, traders can potentially amplify their gains, but it also means that even a small adverse movement in the market can lead to significant losses. Therefore, it is crucial to have a good risk management plan in place and use stop-loss orders to minimize potential losses.

Spreads & Commissions (Trading Fees)

Numera International offers floating spreads, which means the spreads can change based on the market conditions. The typical spread for the EUR/USD currency pair is around 1.5 pips, which is higher than what some other brokers offer. Additionally, Numera International does not seem to disclose any information about commissions or trading fees on their website, so it is unclear whether they charge any additional fees on top of the spreads.

Non-Trading Fees

Numera International does not charge any deposit or withdrawal fees, and there are no inactivity fees. However, it is important to note that third-party payment providers may charge their own fees, which are beyond the control of the broker. Additionally, there may be fees associated with holding positions overnight, which are known as swap fees or rollover fees. These fees vary depending on the instrument and the account type, and can be viewed within the trading platform.

Trading Platform

Numera International is proud to offer its clients the powerful and versatile MetaTrader 5 (MT5) trading platform. MT5 is the latest version of the MetaTrader platform series, which is well-known and respected in the online trading industry. It is a comprehensive trading platform that offers advanced charting tools, a wide range of technical indicators, and automated trading capabilities, making it an excellent choice for both novice and experienced traders.

The MT5 platform is available for download on Windows and PC, allowing clients to access their trading accounts and perform transactions from anywhere in the world. The platform is user-friendly and intuitive, with a customizable interface that allows traders to tailor their trading environment to suit their preferences.

Tools

Also, Numera International provides its clients with some trading calculators (Pivot Point Calculator, Margin Calculator and PIP Value Calculator) and an Economic Calendar, whose interfaces seem to be quite simple and easy to use, just as the following screenshots show.

Deposit & Withdrawal

Numera International offers a limited number of deposit and withdrawal methods. Unfortunately, the broker does not provide detailed information regarding the specific payment options available. The lack of transparency in this regard may deter some potential clients who require more flexibility when it comes to their financial transactions.

Additionally, Numera International does not specify any minimum deposit requirements, which could be seen as an advantage for traders who prefer to start with smaller amounts. However, it is important to note that the lack of information regarding deposit and withdrawal methods could pose a potential risk for clients who may not have access to their preferred payment options.

Customer Support

Numera International provides customer support to its clients through several channels.

Firstly, they offer an online chat feature on their website where clients can chat with a representative in real-time to get quick assistance with any issues they may be experiencing.

Secondly, clients can reach out to Numera International's support team through email. The broker provides several email addresses for different departments, such as support, compliance, and partnership. This allows clients to get in touch with the right department for their specific needs.

Finally, Numera International has a telephone number listed on their website, which clients can call during business hours to speak with a representative. However, it is important to note that the broker does not offer 24/7 support and their business hours are not disclosed on their website.

Educational Resources

Numera International does not offer any significant educational resources. While they have a help center and some related articles available on their website, they are not extensive enough to be considered proper educational resources for traders. This can be a disadvantage for traders who are new to the industry or those who want to improve their trading skills.

Conclusion

Numera International is a forex broker registered in Anguilla. It offers a range of trading instruments, including forex, commodities, indices, and cryptocurrencies. With a user-friendly trading platform and competitive spreads, it aims to provide a seamless trading experience for its clients. However, the lack of detailed information about the broker's trading conditions and limited customer support options can be a drawback for some traders.

FAQs

What is the maximum leverage offered by Numera International？

Numera International offers a maximum leverage of up to 1:1000.

What trading platforms are offered by Numera International？

ANumera International offers an MT5 trading platform for Windows and PC versions.

What are the available account types with Numera International？

Numera International offers Standard, MT5, Micro, Crypto, and Swap-Free account types.

What is the minimum deposit required to open an account with Numera International？

The minimum deposit required for each account type is not disclosed by Numera International.

Does Numera International offer copy trading？

No, Numera International does not support copy trading.