Noctorial prop firm offers funded accounts from 10k to 250k USD. Traders have to pay one-time fees denominated in euros after selecting the size of their funded account. There is only a 2-step challenge offered, which is a downside. The pricing starts at 99 euros for the smallest 10k challenge, and traders can keep up to 80% of their profits. The only way to get up to 90% is to use the firm’s scaling plan and grow the account over time.
In this unbiased Noctorial review, we will assess the firm’s safety, rules, funded options and types, assets, pricing, platforms, support, and more.
| Pros | Cons |
|---|---|
| Allows news trading and overnight holding | Only a 2-step challenge is available |
| Up to 90% profit split through the scaling plan | No educational resources beyond a trading blog |
| Allows access to advanced MetaTrader 5 platform | No free trial or free challenge repeat |
| Withdrawal limit capped at 5% of account size per month | |
| No phone or multilingual support |
| FPA Score | Not rated yet |
| Year founded | 2022 |
| Headquarters | Madrid, Spain |
| Minimum audition fee | 99 euros |
| Fees on withdrawals | 0 euro |
| Minimum funded amount | 10,000 USD |
| Maximum funded amount | 250,000 USD |
| Allowed daily loss | 4-5% |
| Profit target | 8% |
| Maximum trailing drawdown | 8-10% |
| Profit sharing (Payouts) | 80% (Up to 90% using scaling plan) |
| Trading Platforms | MetaTrader 5 |
| Available trading markets | Forex, Indexes, Raw Materials, Stocks, and Bond Futures |
There are no Noctorial reviews on the Forex Peace Army (FPA), a serious downside. On Trustpilot, the firm has around 500 reviews, almost 15% of which are 1-star evaluations. This is not a small amount and indicates the firm has some issues with its services that need immediate attention. When it comes to experience, the firm was launched in 2022 which gives it a decent experience in the prop trading industry. The firm is backed by a regulated Forex and CFDs broker, IC Markets.
The firm gets a 3 score in this section as it has experience and is backed by a regulated broker but lacks positive trader reviews.
There is only one Noctorial funded program, which is a 2-phase account, requiring traders to hit profit targets twice. There are no other funded account types offered like 1-step and instant, which is a drawback. The list of Noctorial funding options includes 10k, 25k, 50k, 100k, and 250k USD.
The absence of smaller funded accounts is a downside for beginner traders, while the inability to access larger accounts beyond 250k without a scaling plan is also a drawback.
Noctorial challenges require traders to hit two profit targets before they get funded.
Noctorial scaling plan is active and traders can grow their funded accounts together with a possibility to get up to 90% profit split.
The firm gets a 3 score in this section as a result.
Noctorial prop trading assets are diverse and include Forex, Indexes, Raw Materials, Stocks, and Bond Futures. The firm promises low spreads. IC Markets has an account where traders can get near zero spreads for a competitive commission, which is flexible.
The firm gets a 4 score in this section.
Noctorial rules are as follows:
News trading is allowed and traders can leave open positions on weekends. Overnight holding is also allowed. EAs or Expert Advisors are not allowed.
As a result, the firm gets a 1.4 score in this section.
The pricing starts at 99 euros for the smallest, 10k USD 2-step challenge. Here is the list of funded options and corresponding one-time fees:
Noctorial free trial is not offered and the Noctorial free repeat is not available either, which is a downside. Spreads are low but not zero, which makes it still a challenging task to deploy scalping methods. Withdrawals are not charged, which is flexible.
Overall, the firm gets a 3.5 score in this section.
The firm allows access to advanced trading software, MetaTrader 5 (MT5). The platform allows traders to deploy automated trading systems (EAs) and custom indicators. However, the firm does not allow the use of EAs which limits the capabilities of traders. Mobile trading is available via MT5 mobile apps, which are accessible on both Android and iOS devices.
As a result, the firm gets a 3.9 score in this section.
Noctorial profit split is 80% by default. Traders can increase it to 90% only after using the scaling plan. This is very attractive as a 90% profit split is very popular in the industry right now. The firm imposes limits on maximum monthly withdrawals, which is 5% of the funded account size. For example, if the trader controls a 10k USD account, they can withdraw only up to 500 dollars per month. This is a serious restriction and limits traders to aiming for bigger targets.
Overall, the firm gets only a 3 score in this section.
The educational resources are lacking at Noctorial. The firm does not provide access to webinars, trading courses, or video guides, which is a limiting factor for beginner traders. There is a trading blog that offers various posts and tips about prop trading, but it can not be used as a sole source for trading education.
The firm gets a 1 score in this section for only offering a trading blog.
When it comes to customer support, the firm only offers live chat and email options. There is no phone support (hotline) available, which is generally a red flag. The website and support are only available in two languages, which is not enough to make the firm an international brand.
Overall, the firm gets a 2.4 score in this section.
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Noctorial scam is less likely. However, the firm still has like 14% of its reviews being 1-star evaluations, which makes it still a risky firm.
Noctorial offers some advantages, including high-profit sharing and cheap fees, but it still lacks proper safety and reliability.
The minimum fee for a funded 10k account is 99 euros.
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