Are you trying to figure out which is a better broker, ForexMart or T1Markets? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that T1Markets is the better of the two. T1Markets offers 350+ instruments, licenses from CySec, and fair trading fees.
In the tables below, you can compare the features of ForexMart and T1Markets side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked T1Markets higher than ForexMart.
Methodology: This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive. | ||
OPEN ACCOUNT | Review | Review |
RATING | 95/100 | 95.5/100 |
MIN. DEPOSIT | 1$ | 250$ |
REGULATED BY | ||
BONUS | 30% | No Information |
MIN. SPREAD | 0.03 | |
MAX. LEVERAGE | 500:1 | 1:30 |
CURRENCY PAIRS | 100 | 45 |
TRADING INSTRUMENTS | 300+ | 350+ |
TRADING PLATFORMS | MT4, Mobile, WebTrader | MT4, Mobile |
DEPOSIT METHODS | Bank transfer, Visa, Mastercard, Maestro, | Bank transfer, Visa, Mastercard, Maestro, Neteller, Skrill |
TYPE OF BROKERS | ECN Broker | NDD |
CUSTOMER SUPPORT | 25/7 | 24/5 |
LANGUAGE SUPPORT | 16 | 1 |
ESTABLISHED | – | 2019 |
USED BY | 100,000+ Traders |
Does ForexMart or T1Markets have lower trading costs and fees?
To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.
To give an overall view of how cheap or expensive ForexMart and T1Markets are, we first considered the common fees on Standard Accounts. At ForexMart the average spread for the EUR/USD currency pair is pips, whilst at T1Markets the spread is 0.03.
This shows that ForexMart is the better option for low-cost forex trading.
When it comes to non-trading fees, ForexMart charges for withdrawal. T1Markets charges for inactivity. With this in mind, both brokers offer similar non-trading fees.
When our experts analyzed the specific costs of both brokers, we found that ForexMart is the better option.
Trading Fees*
TYPE OF FEE | FOREXMART | T1MARKETS |
---|---|---|
Minimum Spread EURUSD (pips) | 0.03 | |
Commission (%) | 0 | |
Commission on Islamic Accounts (%) | 0 |
*Based on Standard account type.
Non-Trading Fees
TYPE OF FEE | FOREXMART | T1MARKETS |
---|---|---|
Account Fees | N | N |
Inactivity Fees | N | Y |
Deposit Fees | N | N |
Withdrawal Fees | Y | N |
Which broker is safer, ForexMart or T1Markets?
In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.
ForexMart is regulated by FCA, CySec and offers client protection. T1Markets is regulated by CySec and offers client protection.
Considering these two factors, and the general reputation and history of both brokers, we believe that T1Markets is the safer broker.
Broker summary
FOREXMART | T1MARKETS | |
---|---|---|
Minimum Deposit (USD $) | 1 | 250 |
Licenses | 250 | CySec |
Max. Leverage | 500:1 | 1:30 |
Client Protection | Y | Y |
Broker Type | ECN Broker | NDD |
Number of Instruments | 300+ | 350+ |
Currency Pairs | 100 | 45 |
Stocks | 1 | 108 |
Cryptocurrencies | 1 | 30+ |
CFDs | N | Y |
Proprietary Trading Platform | N | N |
MT 4 | Y | Y |
MT 5 | N | N |
Mobile Compatible | Y | Y |
Research Tools | Y | Y |
Educational Materials | Y | Y |
Payment Methods | Bank transfer, Visa, Mastercard, Maestro, | Bank transfer, Visa, Mastercard, Maestro, Neteller, Skrill |
24/5 Customer Support | Y | Y |
Live Chat | N | Y |
How many trading instruments are available at ForexMart and T1Markets?
ForexMart provides traders with 300+ instruments. This includes 100 currency pairs, 1 cryptocurrencies, and 1 stocks and shares. With ForexMart, you cannot trade CFDs.
In comparison, T1Markets boasts 350+ tradable instruments. T1Markets offers 45 currency pairs, 30+ cryptocurrencies, and 108 stocks and shares. T1Markets also allows CFD trading.
As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.
Markets and Products
INSTRUMENT | FOREXMART | T1MARKETS |
---|---|---|
Currency Pairs | 100 | 45 |
Commodities | 1 | 17 |
Precious Metals | 0 | 4 |
Indices | 1 | 20 |
Stocks and Shares | 1 | 108 |
Cryptocurrencies | 1 | 30+ |
Options | 1 | 0 |
ETFs | 0 | 1 |
Which broker offers the best trading platform, ForexMart or T1Markets?
When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.
ForexMart provides you with the ability to trade via 3 trading platforms, and T1Markets has 2 trading platforms. Both brokers also offer research and trading tools, however T1Markets has more.
Overall, our experts agree that ForexMart boasts the better trading platform offering.
Research Tools
TOOL | FOREXMART | T1MARKETS |
---|---|---|
News (from top-tier sources) | N | Y |
Trading Signals and Indicators | N | Y |
Trade Ideas | N | N |
Expert Analysis | N | N |
Autochartist Tools | N | N |
Sentiment Charts | N | N |
Economic Calendar | N | Y |
Which is better for beginners, ForexMart or T1Markets?
To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.
Considering this, our reviews show that is the better broker for beginner traders as it offers a larger range of educational tools and materials. also has a minimum deposit of $.
Educational Features
FEATURE | FOREXMART | T1MARKETS |
---|---|---|
Demo Account | N | Y |
Platform Tutorial Videos | N | Y |
Educational PDFs | Y | Y |
Live Webinars | N | Y |
YouTube Videos | N | N |
Trading Academy | Y | Y |
Trading Glossary | N | Y |
Which broker is better overall?
Overall, our tested reviewing methodology proves that T1Markets is the better broker in a range of key areas. You can learn more by reading our ForexMart and T1Markets reviews.