NAMH Global

Overview

NAMH Global is an online forex and CFD brand operated by NAMH Global Ltd, an International Business Company registered in Saint Lucia under number 2024-00372 and incorporated on 5 June 2024. The broker trades from namhglobal.com and offers around 2,100 instruments on MetaTrader 5, split by its own count into 60 or more currency pairs, 10 or more commodities, 20 or more indices, 20 or more cryptocurrencies and 500 or more share CFDs. A separate UAE mainland company, NAMH Global Financial Consultancy L.L.C, is described on the site as a local liaison office in Dubai rather than as the contracting broker.

Regulation and licence

NAMH Global holds no financial services licence in any jurisdiction. Its own regulation page is unusually direct about this, describing the Saint Lucia number as "a company registration, not a financial licence", and its regulatory roadmap lists further frameworks only as planned for 2026 to 2027. The site also states that a UAE Securities and Commodities Authority licence application is pending; a pending application confers no supervision and no client protection today. WIKILIX verified the Saint Lucia entity on an authoritative record, but a company registration proves only that the company exists.

Safety of funds

The broker says client money is held in segregated accounts at top-tier banks, legally separated from company funds, and that negative balance protection applies. These are the broker's own undertakings. Because no regulator supervises the firm, there is no external audit of the segregation claim, no statutory client-money rules, no compensation scheme and no regulatory ombudsman. Disputes are governed by the laws of Saint Lucia and, if internal complaints fail within 30 days, go to arbitration in Saint Lucia.

Accounts

Four live tiers are published, all on MT5:

• ECN - $10,000 minimum, spreads from 0.0 pips, $5 per standard lot round-turn, 1:500 leverage, free VPS and a dedicated account manager.
• PRO - $5,000 minimum, spreads from 0.7 pips, no commission, 1:500 leverage.
• STANDARD - $100 minimum, spreads from 1.2 pips, no commission, 1:500 leverage.
• CENT - $100 minimum, spreads from 1.2 pips, no commission, balances denominated in US cents, 1:1000 leverage.

A free demo account is offered on the same platform.

Fees

Spreads are variable and streamed from an aggregated liquidity pool. The only trading commission is the ECN tier's $5 per standard lot round-turn. The client agreement also discloses a $10 monthly dormancy fee after twelve consecutive months of inactivity and a currency conversion charge of about 0.5% on cross-currency deposits. Swaps are as published in the MT5 instrument specifications; no swap-free account is advertised.

Leverage

Headline leverage is 1:500 on the ECN, Pro and Standard tiers and 1:1000 on the Cent account. The broker's own FAQ caps leverage lower by asset class: up to 1:200 on metals, 1:100 on indices and 1:50 on cryptocurrencies. Leverage at this level is well above what onshore regulators permit retail clients, and it is available here precisely because no such regulator applies.

Platforms

MetaTrader 5 is the only platform, offered as Windows and macOS desktop applications, a browser WebTrader and iOS and Android apps, with real-time synchronisation between them. Expert Advisors, the Strategy Tester, 80 or more indicators and 21 timeframes are supported, and hedging and netting modes are both available.

Funding

Eight channels are published, all with no broker-side fee: credit and debit cards ($10 to $50,000, instant in, one to three business days back to the card), bank wire ($100 to $250,000, one to three days in, one to two days out), Bitcoin, USDT and Ethereum (network or gas fee only, minimums of $20, $20 and $50 equivalent, no stated maximum), and the Skrill, Neteller and Perfect Money wallets ($10 up to $10,000, $10,000 and $25,000 respectively, instant in and under 24 hours out). The broker promises same business day withdrawal processing and no minimum holding period.

Pros and cons

• Pro: the site states its regulatory position honestly instead of dressing a registration up as a licence.
• Pro: a clearly published fee schedule, per-channel funding limits and a $100 entry point.
• Pro: the operating company and its registration number are disclosed and can be checked on an official record.
• Con: no financial regulator anywhere, so no client-money rules, no compensation scheme and no supervisory recourse.
• Con: the company is barely a year old and the registered office is a corporate service provider's address.
• Con: the signup form accepts every country, including the ones the terms say are excluded.

Assessment

NAMH Global is a young, unlicensed offshore broker with a well-built platform offering and unusually candid disclosure about what it is. The candour does not change the substance: every protection a client would rely on here rests on the firm's own promise, enforceable only through arbitration in Saint Lucia. There is no evidence in the public record of client harm, and no evidence of supervision either. Traders who need regulatory protection for their deposits should choose a broker licensed by an onshore authority; anyone who does use NAMH Global should treat the money committed as fully at risk.