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 |
| 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), stocks, commodities, indexes |
| Base currencies: | USD |
| Mobile app: |  |
| MetaTrader 4: | |
| Social trading: |  |
Random reviews of competing CFD brokers: LotsFX, Extrasum, eXcentral and CapXM
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.
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.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 17.05.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 17.05.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 17.05.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 17.05.2024 at 11:12 from the web or trading platform of XTB. |
 | | 100 USD | 0.8 pips Spread was taken 17.05.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 17.05.2024 at 11:12 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 Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
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.
I prefer using my native tongue to communicate. I recomend N1CM to traders that struggle with communicating in english and prefer using German
Danke n1cm
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Is that broker crypto friendly? no problems?
no concerns, send to binance, fast withdrawals
I like that there are no hidden fees or expenses with n1cm. I had assumed that all brokerage firms had some sort of hidden fees and costs, and I was about to give up trading.
Pros: No hidden charges, No markups
Cons: Skrill deposit option not available
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With an execution speed of under 20 milliseconds, trading couldn’t have been more fun. As a high-frequency trader, it is really important to me to be able to get in and out of the markets at the click of a button. Been with them for well a while and their services in that regard is second to none I’ve used so far. Great job guys
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The platform provides the tightest spread I have ever traded with. I also noticed that trade execution became faster when I moved here. I never knew that the former broker was slow with execution but I am glad I got to know that through the faster execution here
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I like the idea of reaching support through skype. I do not have to visit the webiste every time I want to ask a question or make a complaint. Thanks for always providing innovative services
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I have made my second withdrawal, and still no complaints. I made a comment here after I made my first withdrawal saying that I wanted to check the services a little before my conclusion. This is my 5th month and I made my second withdrawal last week. The process was smooth and the broker has also been consistent with its services as it has been since the first day. I thank you all for helping me to get a reliable broker to trade with. I got to know the trading platform through the comments I saw here
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I got a trading bonus on my deposit and it was a good trigger to trade more. This is because I wanted to meet the requirement to withdraw. I met the requirement anyway and I have been able to make a couple of withdrawals profitably
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I used to think it is normal for orders to execute some pips after the desired order. I thought it is what every broker does for some reasons I do not know until I got here. N1cm places orders immediately making the orders fill at the right prices and points. There are a few times I notice a little slippages but I noticed it is usually when the market is very volatile. If you want execution speed with low latency, then this is the right place.
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The broker does not tamper with my trades results even when trades last for weeks and months. It remains there until it either hits the tp or sl. The broker has proven to be reliable over time with reliable trade support systems, security of funds, responsive customer service and fast withdrawal. I recommend this broker at any day and anytime. You guys are doing a good job
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The broker stole my $3600 profit and deposit of 1900 euro to ECN live trading account, i have proof to my claims
It provides real-time prices and I have compared it with one other broker in another country that I also trust. The prices are always similar except for the little difference in spreads. The other broker has bigger spreads while N1cm spreads are very tight. I got
Pros: no regrets since I got here
Cons: I am still studying the trend of things to know how things would be after 2 to 4 years of trading here
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This is my preferable broker for trading major forex pairs. I am trading on a daily basis, I usually have several deals, so for me was very important to find a broker with low trading costs. For my trading strategy I have chosen to open standard account, since, here I dont have fixed commission, and spreads are indeed very low. For majors it ranges within only few pips, which does not make some significant impact on my overall profitability. Hedging is supported and I also have option to use leverage up to 1:1000, which I find quite good. For open overnight position, there is small fee which is charged by broker, but in most of cases I dont use this option. What I find that is also good is that there are no hidden costs, all fees are quite transparent.
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There are many withdrawal options. It is one of the few brokers that accepts fiat, crypto, electronic wallets and bank wire for making withdrawals and deposits. Using my bank card has never failed me so I do not have a reason to change my method yet. The withdrawal speed is amazing, when I need money for fast needs and I withdraw, it still meets up many times because it take an average of 60 minutes to 150 minutes to get the money
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N1cm gives deposit bonuses from time to time. I benefited from a deposit bonus last year. Recently, a friend who just opened an account also got $400 extra on top of the $4000 he deposited. The beautiful thing is that the bonus did not come with any trading restrictions or reduction of leverage
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It provides an ECN pro and STP account with a minimum deposit of $10. The stop out level for the two account types is 30%, so it is impossible to lose the whole trading balance. The broker maintains strong measures for the safety of funds and keeps a segregated capital structure with a third-party entity. I also like the trading conditions. Execution is okay, and the spreads are generally tight
+ with the general conditions all that is needed to make money is just trading knowledge.
– I am comfortable with the services
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It provides a guaranteed 30% stop out level ensuring that deposits are not wiped out incase one enters a big loss. The platform is available on android and ios devices. I used android for a while and when I changed to IOS devices I noticed slight change in the way they are customised but they both have full similar functions
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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
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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
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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.
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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.
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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
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N1cm offers a leverage of up to 1:100, and a minimum deposit of $5 and many more cool features
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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
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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
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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
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Nice app
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
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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!
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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.
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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.
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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.
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