T1Markets is a CFD trading broker and financial service provider known for its empowering and self-fulfilling trading experience. The 10,000 markets and 300+ assets rendered by the broker makes it one of the best brokers in the trading world. Keeping its customers at the forefront, the broker pushes away the air of conventional trading methods and brings in the freshness of the newest and most advanced technologies.

Summary

  • Regulation: CySEC
  • Firewalls and SSL softwares
  • Three account types; Silver, Gold and Platinum
  • Minimum deposit: 250 dollars
  • MT4 web and mobile trading
  • 24/5 dedicated customer service and support
  • Tradable markets: Forex, cryptocurrencies, stocks, indices, metals, and commodities.
  • Leverage up to 1:500
  • Spreads start from 0.03
  • Islamic account
  • Commission-free trading

T1Markets Scam or safe?

For a broker to be extremely safe and secure for trading, it should be regulated by at least one top tier regulatory authority and must imbibe some fair security features and softwares.

When looked at the regulations of T1Markets, it is a registered brand name of General Capital Brokers (GCB) Ltd. The company is based in Cyprus with registration number HE345774. The regulation of T1Markets comes from Cyprus Securities and Exchange Commission (CySEC) with license number 333/17.

CySEC is a top-tier regulatory authority that is an active member of the European Securities and Markets Authority Committee.

For safety and security reasons, the broker provides top-notch data safety solutions:

  • Firewalls and SSL softwares
  • Servers with SAS 70 certification
  • Robust data encryption on each level of trade and transaction
  • Level 1 PCI compliance service moderation

Account Types

The broker renders three varied account types depending on the level of the trading and experience. Let us look at the gestures and service of each account type in detail.

  1. Silver Account 
  • News alert
  • Dedicated account manager
  • Webinars and videos
  • 24/5 multilingual support
  • Allows for hedging
  • Zero deposit commission
  • A five-day withdrawal process
  • Spreads starting from 0.07
  • Leverage up to 1:30 (retail account), 1:200 (professional)
  • Available base currencies: EUR/USD, GBP/USD USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
  1. Gold Account 
  • News alert
  • Dedicated account manager
  • Webinars and videos
  • Free VPS
  • 24/5 multilingual support
  • Allows for hedging
  • Fifth decimal
  • Zero deposit commission
  • A five-day withdrawal process
  • Spreads starting from 0.05
  • Leverage up to 1:30 (retail account), 1:400 (professional)
  • 25 per cent swap discount
  • Available base currencies: EUR/USD, GBP/USD USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
  1. Platinum Account 
  • News alert
  • Dedicated account manager
  • Webinars and videos
  • Free VPS
  • 24/5 multilingual support
  • Allows for hedging
  • Fifth decimal
  • Zero deposit commission
  • A five-day withdrawal process
  • Spreads starting from 0.03
  • Leverage up to 1:30 (retail account), 1:500 (professional)
  • 50 per cent swap discount
  • Available base currencies: EUR/USD, GBP/USD USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
See also  Understanding Price Action and the RSI in the Financial Markets

Professional Account 

T1Markets offers a full-fledged, all-inclusive professional trading account with premium features.

Features and benefits of aT1Markets professional account:

  • Margins are reduced by 70 per cent, and leverage is up to 1:500.
  • A dedicated account manager is available for 24/5.
  • Low latency and immensely rapid execution with 100Gb/s bandwidth.
  • A stop out of 15 per cent.
  • Ultra-tight spreads
  • Access to VIP educational materials and tools.

Conditions a trader must fulfil to enrol for a professional account with T1Markets:

  • Financial sector experience of at least one year.
  • A proof that the trader has pursued substantial transactions in various markets at an average frequency of 10 each quarter over the last four quarters.
  • Verification regarding the financial portfolio of the trader of about 500,000 EUR or more.

Trading products and instruments

T1Markets offers an enriching range of trading instruments and products that can glitter up your portfolio and also cushion it up from potential risks.

  1. Cryptocurrency CFDs 
  • 30+ cryptocurrencies available for trade and investment
  • Notable cryptos: Bitcoin vs US Dollar ( Bitfinex ), Litecoin vs US Dollar ( Bitfinex ), Bitcoin vs Euro ( Bitfinex ), Ethereum vs Great Britain Pound ( Bitfinex ), Bitcoin vs Great Britain Pound ( Bitfinex ), Etherium vs Euro ( Bitfinex ), Etherium vs US Dollar ( Bitfinex )
  1. Forex CFDs 
  • 45+ cryptocurrencies available for trade and investment
  • Notable currency pairs: Euro vs US Dollar, Great Britain Pound vs US Dollar, US Dollar vs. Japanese Yen, Australian Dollar vs US Dollar, Euro vs Swiss Franc, Euro vs Great Britain Pound, New Zealand Dollar vs US Dollar
  1. Indices CFDs 
  • 20+ indices available for trade and investment
  • Notable indices: ASX SPI 200 Index, DJ Euro Stoxx Index, Borsa İstanbul 100 İndex, MINI-SIZE DOW Index, CAC 40 Index, DAX 30 Index, China H-shares Index.
  1. Commodity CFDs 
  • 20+ commodities available for trade and investment.
  • Notable commodities: Brent crude oil, coffee, cocoa, corn, cotton, copper, and light sweet crude oil.
  1. Stock CFDs 
  • 45+ stocks available for trade and investment.
  • Notable stocks: Alibaba Group Holding LTD, 3M Co., AbbVie Inc (NYSE) (USA), Advanced Micro Devices, Alcoa Inc., Adobe Systems Inc., American International Group Inc.
  1. Metal CFDs 
  • 50+ metal markets to pursue trade in.
  • Major metals for trading: Silver vs US Dollar, Platinum (USD), Palladium (USD), Gold vs US Dollar

Leverage

Leverage is one of the pressing factors in trading markets. It can assist traders in opening large trading positions with low capital. Having said that, trading with high leverage can call for high risks too.

T1Markets bestows abundant leverage for its clients that can be altered depending on the risk a trader is willing to take. In retail trade, the leverage goes to 1:30. The professional account, conversely, leverage reaches up to 1:500.

See also  Understanding Price Action and the RSI in the Financial Markets

Trading Platforms

T1Markets offers web and mobile trading with utter customisation through the MetaTrader 4 platform. With the web trading platform of T1Markets, you will instantly feel at home. The trading and navigation with the mobile application are out-and-out seamless and as at as a pancake. Let us look at the facets of both trading platforms:

Web Trading 

  • One tap account switching
  • Multiple-chart windows
  • Illustration of real-time balance level
  • Frequent updates on trading conditions
  • In-platform price alerts
  • Customisation and alteration of functions
  • More than 30 in-built technical and analytical tools
  • Multiple execution modes

Mobile Application 

  • One-click trading
  • Real-time balance level
  • Customisation in its entirety
  • One tap account switching
  • Built-in platform support
  • Updates on the trading condition
  • Seven varied timeframes
  • A vast range of technical indicators

Account opening with T1Markets 

To open an account with T1Markets, one needs to go through a straightforward five-step process:

  1. Account: In this first step, one needs to fill up necessary information like name, email, phone number, country code. After that, a password has to be set.
  2. Information: In the next step, more vital information, regarding your trade, assets need to be filled up. Here, you will have to state what account you want to sign up for.
  3. Questionnaire: Here, one needs to answer specific questions related to trading goals and plans.
  4. Documentation: This process entails verification of necessary documents and IDs.
  5. Deposit: At last, one needs to deposit the capital so the trading can be started.

The entire account opening process is smooth and takes just a few minutes to get through with. However, the documentation can take some time. T1Markets is dedicated to facilitating a transparent and secure trade, to build up a community of genuine traders and investors.

Commissions and fees

One can open an account with T1Markets at a minimum deposit of 250 dollars. The broker lets you facilitate trade in all instruments without any commission. Spread charges vary from account to account and start from 0.03 pips, which is relatively less in comparison to other brokers in the league.

The swap charges include discounts of up to 50 per cent.

Deposit and Withdrawal

T1Markets lets you deposit funds without any charges. Once you are logged in, you can directly deposit funds without any additional formalities. The withdrawal is direct and efficient. One can facilitate a withdrawing process directly from the portal.

Here is the list of deposit and withdrawal options available with T1Markets:

  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Safecharge
  • MIR Limited
  • Wirecard
  • Delta
  • Payvision
  • Orangepay
  • Emerchantpay
  • Trustly
  • Paysafe
See also  Understanding Price Action and the RSI in the Financial Markets

Research and education

T1Markets renders pure dyed-in-the-wool research and educational material for the clients. The material and tools are all-encompassed with constant updates. Both research and educational tools are indispensable for profitable and intelligent trading. Here are the various categories of research and academic particulars available with the broker:

Research 

  • Trading signals
  • Daily news
  • Economic calendar
  • Report season calendar
  • 30+ technical and analytical tools

Education 

  • Articles
  • VODs
  • Ebooks
  • Tutorials
  • Courses
  • Webinars

Customer service and support

The customer service and support offered by T1Markets is pretty prompt and polished. The broker renders dedicated support services from Monday to Friday, 8:00 to 18:00 GMT. Here are the details of the broker available on the website:

Phone: +80040408888 

Email: [email protected]

One can also opt for the live chat feature available with the broker. However, if someone wants to send in a query, one can visit the contact us page on the website, fill in the required details and send in the query.

Advantages of trading with T1Markets

There are plenty of benefits that T1 Markets can provide to your trades to boost up the profits. Here, we are mentioning some major ones.

  • Regulated by a well-reputed, top tier authority; Cyprus Securities and Exchange Commission (CySEC).
  • More than 10,000 markets and 300 assets to trade with.
  • Commission-free trading
  • Smooth navigation and user-friendly interface
  • Tight spreads
  • 24/5 dedicated customer support and service
  • Multilingual services
  • Leverage up to 1:500
  • Remarkable and robust security features
  • All-embracing research and educational material

Final thoughts regarding T1Markets

T1Markets is a relatively new broker but has already proved its efficiency by providing remarkable trading services and operations.

T1Markets offers a free demo or practise account for traders to test their strategies and trading skills before going live in the markets. This way, one can be saved from a lot of risks.

With limitless trading options, undoubted customisation, top-notch analytical tools, one can not help but become an inspired and wisdomful trader.

FAQs

What is the minimum deposit of trading with T1Markets?

To open an account with T1Markets, a minimum deposit of 250 dollars is required.

What are the commissions associated with T1Markets?

The broker renders commission-free trading on all accounts.

Does T1Markets provide educational material?

Yes, the broker provides education material that includes VOD, ebooks, courses, webinars, blogs, articles.

Does T1Markets provide a free demo account? 

Yes, the broker provides a free demo account for traders to practise their skills before entering the live markets.