N1CM review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared N1CM with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Basic information from N1CM review

About the broker

Web:n1cm.com
Readers' rating0 Votes
0
License:VFSC
Supported languages:English, French, Turkish and Russian
Holder: Number One Capital Markets Limited
Headquarters:Suite T19, First Floor, Tana Russet Plaza, Kumul Highway, Port Vila, Efate, Vanuatu
Methods of contacting customer support:E-mail, phone, online chat
Contact:info@n1cm.com, (+44) 203-150-1310
Deposit methods:Bank transfer, VISA, MasterCard, Bitcoin, Bitcoin Cash, Dogecoin (DOGE), ePayments, Ether/Ethereum, FasaPay, Litecoin, Local Bank transfers, Neteller, OKPAY, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney, Yandex Money
Withdrawal methods:Bank transfer, VISA, MasterCard, Bitcoin, Bitcoin Cash, Dogecoin (DOGE), ePayments, Ether/Ethereum, FasaPay, Litecoin, Local Bank transfers, Neteller, OKPAY, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney, Yandex Money

About trading with N1CM

Minimum deposit:5 USD
Min. trade:0.01
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:1000
Spreads:Variable
Underlying assets:
Might be a CFD.
Forex (50), shares, commodities, indexes
Account currencies: USD
Mobile app: Yes
MetaTrader 4:Yes
Social trading:No

Random reviews of competing CFD brokers: GrowBrokers, WhaleClub, MaxiTrade and Swissinv24

Leave A Review
Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
98
Spread and fees
98
Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
98
Customer support speed, availability, availability in the language you speak
97
Based on 14
98
Average rating from reader reviews

Frequently Asked Questions

🧐 Is N1CM a scam?

We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if N1CM is a scam or not.

🆓 How to open a free demo account?

Opening a demo account with N1CM is very simple, just register on their website.

📱 Does N1CM offer the best mobile app for trading?

N1CM offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.

We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the N1CM mobile app.

⚖️ Would you recommend me N1CM?

N1CM is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose N1CM as a broker where you trade before you compare it with competitors.

Is this an ad?

We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating104 Votes
80
100 EUR 0,8pips
Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals.
MT4, MT5, MT Supreme EditionFCAASIC CySecadmirals.comreviewEUR/USD*: 0,8pips
Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals.
Readers' rating63 Votes
71
200 USD 1.0 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro.
In-house built platform FCAASICCySecetoro.comreview EUR/USD*: 1.0 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro.
68% of retail CFD accounts lose money
Readers' rating128 Votes
74
100 USD 0.8 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500.
In-house built platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500.

* The spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Admirals 75% of retail CFD accounts lose money - advertising partner.

Selecting an unsuitable broker can put even a great trader at a loss.

That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.

If you have any experience with N1CM, please share it in the comments to help others to choose the suitable broker.

N1CM review & user ratings

Forum, opinions and user reviews

  1. George Perkins says:
    97
    High leverage

    Those who like to take a lot of risk will be able to do that here as the platform offers one of the highest leverages you would ever see for each of its instruments. The leverage available for forex trading is up to 1:1000, with the minimum at 1:25. The one for stocks and stocks indices trading is 1:100, while commodities leverage is around 1:500 maximum

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    91
    Customer support speed, availability, availability in the language you speak
    97
    0
    0
  2. Franklin says:
    97.3
    withdrawal solutions

    Withdrawing money for emergency purposes is possible because of the fast withdrawal that is granted. I have been saved at some point when I had to wthdraw money for some unforseen emergencies
    pros: many withdrawal solutions
    cons: can’t trade cryptocurrencies here. They are only available for deposit and withdrawal even though withdrawing through them is very fast

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    94
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    97
    Customer support speed, availability, availability in the language you speak
    98
    0
    0
  3. Aleix says:
    100
    My company trades here

    My company trades some profit made monthly on the forex market and also uses N1cm. We chose N1cm because the broker has professional features and also provides the specific stocks and forex assets that my boss is particular about. We still make our profit from it every 3 months. We broke-even in the last 3 months report though, and that was like the first time that was happening.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  4. Jan Llamas says:
    99
    My trades got better

    I got more comfortable with trading forex and stocks when I opened an account here. The customer help representatives are always available to assist in whatever I ask them. They are very responsive. My former broker lacks proper communication. Even when I didn’t not get my withdrawal within 3 days they didn’t give me a valid reason for the delay. I angrily deleted the accounts. N1cm also has professional MT4 and MT5 platforms,the indicators are well set and it is easy to switch from one indicator to another.
    Withdrawing money is quite easy and fast cryptocurrency withdrawal usually takes between 1 to 2 hours to get to my account.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    96
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  5. Yoann Alcide says:
    99
    Good broker for trading

    A professional platform that is suitables for traders, I don’t think I have had any major issues since I started here, the mt4 app seems fine, and the trades have been smooth so far. I buy stocks but do not trade it daily, it is more of a yearly thing. I only day trade currencies and gold. The broker is good
    Pros – different withdrawal options, including cryptocurrency
    Cons – the broker does not offer crypto trading services but the fx and stocks are okay though

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    98
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    98
    0
    0
  6. Padilla says:
    95.5
    good platform

    N1cm offers a leverage of up to 1:100, and a minimum deposit of $5 and many more cool features

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    97
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    85
    0
    0
  7. Olivares says:
    97.3
    Good ecn broker

    I prefer trading forex with this broker, because of low costs for ecn account. Here I have $5 fixed cost for one lot, $10 for round lot and zero spreads. Fair conditions, in my opinion. In addition, I can use leverage of 1:1000, which is quite good support to my trading capital

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    97
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    92
    0
    0
  8. werbin78 says:
    96.3
    Cool broker

    Cool broker. No restrictions at all. I have opened 3 trading account and on each one I am executing different trading strategy. With leverage of 1:1000 for forex trading, I am already making very good profits

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    90
    Spread and fees
    98
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    97
    0
    0
  9. AbuDa7m says:
    100
    Good broker

    It is super cool to have 0 pips SL order, rare to find among other brokers. Actually, on cent account there is 5 pips limit, but I am using standard account for intraday trading. After five months spent with this broker, I am super satisfied with conditions. No major issues here

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
    1. vkmdddddd says:

      Nice app

  10. Jeff says:
    100
    ECN for $10

    I was amazed to see that I can open ECN account with minimum balance of $10. It was such a great opportunity for us, small traders. I have invested $300 and got a bonus of 25%. Spreads are up to 1 pip, execution is fast, withdrawals without any issue. I am very satisfied with this broker

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  11. Jacksilva11 says:
    97
    I like everything

    Fair trading terms.
    N1CM offers tight spreads, increases the deposit due to the bonus, and does it free of charge, without forcing you to work off with turnover or other ways. Finally, N1CM charges a minimum commission for withdrawing money and withdraws it very quickly. This is what you should call fair trading terms!

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    95
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    98
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  12. ANN says:
    96.3
    THANKS

    Trading conditions are excellent. I registered an account on N1CM in early spring before the deterioration of this whole Covid-19 history and for more than six months not a single hairpin on the charts, although this year was not easy, everyone knows this. Money withdrawal is almost instant. In general, the broker has not given any reason for suspicion so far.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    92
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    93
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  13. xtian says:
    98.3
    I like everything

    I am satisfied with both trading conditions and broker’s services. If someone is going to open an account and doesn’t know which one, I strongly recommend Ecn pro. This account has the fastest order execution, almost instant. In addition, the broker not only allows you to make money, but also to withdraw your earnings with minimal loss of time. On average, withdrawal to the card takes no more than 2 hours. This is fast, agree.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    96
    Spread and fees
    99
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    98
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  14. levingreg says:
    100
    10 out of 10

    It is the only broker with incredibly low spreads and minimum deposit requirements. It is simply impossible to open an account with 10 bucks and trade on ECN conditions anywhere! In general, I opened an account once and did not regret it. N1CM has incredibly attractive withdrawal conditions. MT4 does work. You can use trading robots. For me, this is still in the future. While studying programming, I limit myself to experts only.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0

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