Overall | Commissions & Fees | Licensing & Safety | Platforms & Tools | |
---|---|---|---|---|
Points | 89 | 87 | 93 | 91 |
Overview – Fees and commissions – Safety – Opening an account – Account types – Trading Platforms – Markets and products – Research tools – Education and training – Customer support – Our verdict
Our T1Markets review found this new broker has 350+ instruments for you to trade. It started operations in 2020, holds a trusted CySEC license, and is a member of the Investor Compensation Fund. The CFD products available include indices, stocks, forex, cryptocurrencies, commodities, and metals. T1Markets also provides you with an impressive amount of educational materials, access to a free demo account, and award-winning platforms.
- Trade 350+ instruments
- Trade an impressive selection of 30+ cryptocurrency CFDs
- HLicensed and regulated by CySEC
- Beginner-friendly educational content
- Only accepts clients from certain countries
overall scores
In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how scored in each of our high-priority categories.
T1Markets fees and commissions
This review of T1Markets discovered this new forex broker bases its fees on spreads instead of commissions. Our experts agree that this simple pricing system is great for beginners, as you can clearly calculate the cost per trade. Also, the broker does not charge you commissions on deposits and, depending on account type, offers varied discounts on swap percentages. Although inactivity fees are high, you just have to make a single trade once a month to avoid them.
Our experts have reviewed T1Markets’s fees based on how they compare with the fees of other top-rated brokers. For each broker, we analyze both trading fees and non-trading fees:
– Trading fees are charged every time you place a trade. They include spreads, overnight and rollover fees, and currency conversion fees.
– Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker. They include inactivity fees.
Below you will find a snapshot of the fees charged at T1Markets. Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders.
Trading Fees* | |
---|---|
TYPE OF FEE | COST |
Minimum Spread EURUSD (pips) | |
Commission (%) | % |
Commission on Islamic Accounts (%) | % |
*Based on Standard account type.
Non-Trading Fees | |
---|---|
Account Fee | N |
Inactivity Fees | N |
Deposit Fees | N |
Withdrawal Fees | N |
T1Markets trading fees
As mentioned, the trading fees from T1Markets are all based on spreads, and there are no commissions. Spreads become tighter as you upgrade your account type, but even Silver (first tier) accounts give you reasonably competitive rates. In fact, all retail clients can enjoy leverage of up to 1:30.
The following variable spreads provide an example of the differences available with silver accounts:
- EUR/USD from 28 points
- GBP/USD from 34 points
- AUD/USD from 86 points
- NZD/USD from 46 points
- USD/CHF from 45 points
- NZD/CAD from 94 points
These are the minimum spreads for some T1Markets index CFDs:
- ASX 200 from 6 AUD
- CAC 40 from 6 EUR
- DOW 30 from 6 USD
- NASDAQ 100 from 5.5 USD
- S&P 500 from 5.25 USD
The following examples give you an idea of the spreads on commodities at T1Markets:
- Brent Oil from 1.51 USD
- Coffee from 1.55 USD
- Corn from 1.75 USD
- B.O.B. Gasoline from 1.54 USD
The following are the minimum metal CFD spreads:
- XAGUSD from 5 USD
- XAUUSD from 5 USD
- Palladium from 4.5 USD
Cryptocurrencies and stocks also have variable spreads.
Financing/Overnight Rates
For transparency, you can review T1Markets forex broker’s overnight rates before placing a trade. Gold account holders receive a 25% discount on swaps, and Platinum account holders can enjoy a 50% discount. These rates make T1Markets’ swaps highly competitive with some of the best brokers around.
Non-trading Fees
This broker does not charge you any fees when making deposits or withdrawals. As we mentioned, our T1Markets review team recommends that you make a small trade or deposit to avoid inactivity fees. If you have no account activity for 60 days, the broker charges you. After 61 days of inactivity, this fee is €160 (€80 per month of inactivity). After 91 days of inactivity, this increases to €120 every 30 days for inactive accounts. After 181 days, this increases to €200, and €500 every 30 days after 271 days.
These fees are high, but you can easily avoid them by making one trade a month. Our experts assure you that this is a better policy than most of T1Markets’ competitors, as they require you to make at least several trades a month to avoid these charges.
T1Markets safety
Thanks to its CySEC regulation and additional security measures, this broker gives you peace of mind when trading. Its Investor Compensation Fund (ICF) membership impressed our T1Markets review team, as it covers you with negative balance protection.
- Regulated by CySEC
- Investor Compensation Fund Member
- Negative balance protection
- Shorter history than some competitors
T1Markets licenses and regulation
Our review of T1Markets forex broker discovered that T1Markets is a trading name of General Capital Brokers (GCB) Ltd. This parent company received a Cyprus Investment Firm (CIF) license (no. 333/17) on August 10, 2017. CySEC (the Cyprus Securities and Exchange Commission) also regulates this company registered in the Republic of Cyprus (no. HE 345774).
Is T1Markets safe?
Our review method considers several factors to ensure that all our recommended brokers are safe and reputable. Alongside the number and strength of licenses, we also consider:
- What protection and/or insurance T1Markets offers should something go wrong
- T1Markets’s reputation, history, and management
T1Markets client protection
Client protection at T1Markets comes from its parent company’s ICF membership.
Client Protection
Country | Legal Entity | Protected Up To | Regulators |
All | General Capital Brokers Ltd. | €20,000 | CySEC |
It also impressed our T1Markets review team to find that professional accounts receive negative balance protection. Given the risky nature of trading CFDs, other brokers usually waive this protection on their professional accounts.
T1Markets background and reputation
T1Markets is a relatively new broker, but its parent company, General Capital Brokers Ltd, began operations in 2017. Our expert review team agrees this shows the brokerage is here to stay, as GCB Ltd has proven it can weather challenging economic conditions.
Besides the ICF membership and negative balance protection already mentioned, T1Markets takes other steps to ensure your funds are safe by segregating accounts using separate global banking institutions.
Our experts also reviewed T1Markets’ technology-based security measures. The broker uses the latest encryption technology, strict firewalls, SSL software, and SAS-70 trading centers to comply with the Payment Card Industry Data Security Standard (PCI DSS). T1Markets also has an excellent privacy policy and never shares the financial details of its clients.
Opening an account with T1Markets
This review of T1Markets found that you can open an account in minutes. The broker aims to verify your account on the same day, but it can sometime take up to five business days. The minimum deposit is just $250, making T1Markets highly accessible to beginners who want to hone their trading skills by making small trades.
Is T1Markets available in your country?
T1Markets is currently available in 17 countries including Austria, the Czech Republic, Bulgaria, France, Hungary, Greece, the Isle of Man, Liechtenstein, Italy, Luxembourg, Malta, Portugal, Poland, the UK, and Slovakia.
The broker hasn’t yet announced plans to expand its services to other countries, but is likely to do so in the future.
How to open an account at T1Markets
It only takes you a few minutes to open an account with T1Markets.
Step 1
Click on “Start Trading” button on the T1Markets homepage.
Step 2
Provide the required personal information of your email address and phone number.
Step 3
Verify your email address and phone number.
Step 4
Submit ID documents to get verified.
Step 5
Once verified, deposit funds and start trading.
What you will need to open an account
As part of the Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements, you will need to submit certain documents to T1Markets within 15 days of opening your account. Our T1Markets broker review team suggests you have these documents at hand to start the verification process straight away. You can upload the documents in the Client Area or email them to [email protected].
- Personal information – You will need to provide personal information such as your full name, DOB, email address, physical address, and phone number. You may also need to give an official taxpayer ID number.
- Regulatory information – As part of its regulatory requirements, T1Markets will make you complete a short questionnaire. This is to find out which of their products suit your financial situation and trading experience.
- Documentation – To verify your account, you must submit a color copy of a valid ID (passport, driving license, etc.), and a copy of a utility bill. Your ID must be clear in the image, be valid, and have all information visible. The utility bill must also be clear and show your full home address and full name. It can be a utility bill but can’t be a phone bill.
If you make a deposit using your debit or credit card, you will need a proof of cardholder document. This must contain your full name, the date, the bank’s logo and name, and the last four digits of your card. All corners of this document must be visible and must be in color.
When depositing made via wire transfer, you need to present a clear copy of the document that includes all details, and it must show T1Markets’ information along with the amount you deposited.
To open an account with T1Markets, you need to provide proof of identity and proof of address. This process allows T1Markets to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from facilitating illegal practices such as money laundering.
What is the minimum deposit at T1Markets?
The small minimum deposit of $250 helps attract traders of all experience levels. Our T1Markets review team recommend you start by investing small amounts if you are new to forex and CFD trading.
T1Markets payment methods
T1Markets offers payment options to suit everyone’s needs. You can view the payment methods available by logging into your Client Area. To give you additional peace of mind about the security of payments, T1Markets displays the logos of its payment options and the security providers for the funds. These include Visa, Verified by Visa, VPay, MasterCard, MasterCard SecureCode, Maestro, Skrill, Neteller, SafeCharge, MIR Limited, Wirecard, Decta, Pay Vision, Orange Pay, eMerchantPay, Trustly, Paysafe, and SSL.
Payment Methods
METHOD | DEPOSITING TIME | ACCEPTED CURRENCIES | DEPOSITING FEE | MAX. DEPOSIT | WITHDRAWAL | WITHDRAWAL TIME | MINIMUM WITHDRAWAL | WITHDRAWAL FEE |
---|---|---|---|---|---|---|---|---|
Visa, Maestro, or MasterCard | Typically instant | £/$/€ | N/A | N/A | Y | Up to 5 days for processing, plus up to 5-7 business days | $100 | N |
Bank transfer | 3-5 days | £/$/€ | N/A | N/A | Y | Up to 5 days for processing, plus up to 5-7 business days | $100 | N |
Skrill, Neteller | Instant | £/$/€ | N/A | N/A | Y | Up to 5 days for processing, plus up to 5-7 business days | $100 | N |
T1Markets account types
You can choose from three retail account types at T1Markets, each of which is also available as a professional account or an Islamic account. The broker also offers a demo account. Besides tighter spreads, upgrading your account adds services like fifth decimal quotes, a free VPS, and a swap discount. To open a professional account, you must have significant capital, high trading volumes, and professional trading experience.
Account Types
SILVER | GOLD | PLATINUM | |
---|---|---|---|
Minimum Deposit | $250 | $250 | $250 |
Max Leverage | 1:30 (1:200 for Professional) | 1:30 (1:400 for Professional) | 1:30 (1:500 for Professional) |
Minimum Order Size | 0.01 lot | 0.01 lot | 0.01 lot |
Spreads | variable | variable | variable |
Commission | N/A | N/A | N/A |
Available Instrument Types | Forex, cryptocurrencies, indices, stocks, commodities, metals | Forex, cryptocurrencies, indices, stocks, commodities, metals | Forex, cryptocurrencies, indices, stocks, commodities, metals |
Available Instruments (Number) | 350+ | 350+ | 350+ |
Trading Platforms | WebTrader, MT4 Mobile | WebTrader, MT4 Mobile | WebTrader, MT4 Mobile |
Automated Trading | Y | Y | Y |
Execution Type | NDD | NDD | NDD |
Demo accounts
Every T1Markets account – Silver, Gold, and Platinum – comes with a demo account. This lets you practice trading without risk. Our T1Markets review team agrees using the demo account is a great way for you to try out new trading strategies.
Islamic accounts
You can convert all of T1Markets’ account into an Islamic account to make them compliant with Sharia law. These no-commission accounts don’t include any hidden fees or widening of spreads to compensate for the lack of swaps.
T1Markets trading platforms
Our review of T1Markets found that this forex broker uses award-winning MetaTrader 4 platforms. You can use the WebTrader version of the platform or the mobile application, both of which have the same features. Both versions of this MetaQuotes software sync together so you can switch between the two when trading.
A trading platform is simply a software interface that allows you to place trades. MetaTrader 4 gives you real-time prices on currency pairs, allows you to adjust orders, and gives you insightful analytic tools to help you make the right decisions when investing.
To ensure that we only recommend high-quality brokers, our reviewers have tried and tested each of T1Markets’s trading platforms. When doing so, they considered a range of factors. These include how easy the platforms are to use, what features each trading platform offers, and how suited each platform is to certain traders.
Trading Platforms
WEBTRADER | METATRADER 4 MOBILE | |
---|---|---|
Instrument Classes | Forex, cryptocurrencies, indices, stocks, commodities, metals | Forex, cryptocurrencies, indices, stocks, commodities, metals |
Number of Instruments | 350+ | 350+ |
Number of Order Types | 9 | 9 |
Number of Indicators | 30 | 30 |
Number of Drawing Tools | 24 | 24 |
Robots/EAs | Y | Y |
Social/Copy Trading | N | N |
Downloadable | N | Y |
Browser Compatibility | Y | N |
WebTrader
The WebTrader platform works smoothly with all major browsers. It functions the same as the famous downloadable MT4 platform. T1Markets uses this software because it’s easy-to-use, highly reliable, and protects your data using encryption technology.
With WebTrader you can quickly view your order history of the number of lots, operation types, and other details. You can also check your balance level in real-time. As mentioned, WebTrader synchronizes immediately with all MetaQuotes software. This lets you switch to the mobile platform within seconds.
WebTrader features plenty of built-in analysis tools, these include multiple chart types and 30 technical indicators such as Fibonacci retracements and moving averages. There is also the option to download additional free or paid indicators, of which MetaTrader has hundreds.
The platform also lets you set up multiple chart windows to help you compare assets. Enjoy nine time frames to fit both long- and short-term trading strategies. Between the technical indicators, graphical objects, and other features built into the charts on WebTrader, you have access to over 90 analytical tools. This means it already caters for beginner and intermediate traders. However, if you’re an experienced trader, you can modify the platform with the latest add-ons.
If you’re looking for automated trading strategies, MetaTrader’s WebTrader provides access to Expert Advisors robots and trading signals. You can even create personalized signals using its programming language.
Trading with T1Markets on WebTrader gives you access to instant execution, two market orders, four pending orders, two stop orders, and trailing stops. WebTrader also features in-platform price alerts, updates on the trading conditions, one-tap account switching, live chat, and built-in platform support.
MetaTrader 4 Mobile
The MetaTrader 4 mobile platform has the same features as WebTrader, including charts, indicators, trading history, order types, account switching, and more.
The major difference is that MT4 Mobile works better than WebTrader on your tablet or smartphone. Our T1Markets review experts agree that downloading this app is essential if you want to trade on the go. We suggest you take advantage of the application’s trade notifications to keep up to date with the latest market news. You also get one-click management for many functions, including opening and closing trades, take profits, stop losses, setting limits, and placing direct orders.
What is the execution policy at T1Markets?
For transparency, you can review T1Markets forex broker’s execution policy in a PDF in the broker’s Legal section of its website. To save you time, we’ve summarized the relevant information here.
T1Markets uses the best execution criteria of the client characteristics, financial instruments, client order, and execution venues. Execution factors with the highest importance include price, costs, and speed. The likelihood of execution, market impact, and nature of the order have medium importance. The likelihood of settlement and size of the order have low importance.
T1Markets talks the talk on delivering fast execution and, according to our expert’s findings, it walks the walk.
T1Markets markets and products
As we reviewed T1Markets broker’s products, we found that all accounts give you access to the same instruments. This helps provide a similar trading experience for all clients, and possibilities for diversification. However, its cryptocurrency CFD offerings make it stand out from its competitors.
Instrument | Number |
---|---|
Currency Pairs | |
Commodities | |
Precious Metals | |
Indices | |
Stocks and Shares | |
Cryptocurrencies | |
Options | |
ETFs |
Currency pairs
Trading forex with T1Markets gives you access to 45+ currency pairs with a high liquidity and volatility ratio. These forex pairs include majors, minors, and exotics. This means you can easily connect with global markets. Professional accounts allow you to trade forex with a leverage of up to 1:500.
Commodities
Trading commodity CFDs with T1Markets lets you profit from the market movements without having to own or store the underlying asset. T1Markets provides access to both hard and soft commodities, from energies to agricultural commodities. Commodities can have leverage of up to 1:125 for professional clients.
You can trade energies such as Brent Oil, Crude Oil, and R.B.O.B Gasoline. Agricultural commodities available on T1Markets include cocoa, coffee, corn, cotton, orange juice, soya beans, sugar, and wheat. You can also trade metals like copper within T1Markets’ commodity category, although it lists precious metals separately.
Precious metals
T1Markets offers leverage of up to 1:125 for professional clients for precious metal CFDs. You can trade XAGUSD, XAUUSD, Palladium (USD), or Platinum (USD).
Indices
Of the 50 major global indices, you can trade 20 of these at T1Markets – this is an impressively high proportion. These index CFDs can have a leverage of up to 1:125 for professional clients. You can also trade on major world indices, including ASX 200, DAX 30, DOW 30, Hong Kong 50 and Nikkei 225.
As you review T1Markets broker’s index CFDs, you will find global offerings that let you diversify your portfolio or take advantage of regional market movements. There are indices from Istanbul, China, the US, the UK, Hong Kong, Japan, Nordic regions, South Africa, Tel Aviv, Saudi Arabia, and more.
Stocks and shares
When trading stock CFDs, T1Markets offers leverage of up to 1:10. While the majority of the stocks feature on American exchanges, there are also some CFDs from international exchanges such as B3 SA (BMF Bovespa), Braskem SA (BMF Bovespa), Budweiser Brewing Company (Hong Kong), Horizons Medical Marijuana Life Sciences (Toronto), SoftBank Group Corp (Tokyo Stock Exchange), and Petroleo Brasileiro SA (BMF Bovespa).
Cryptocurrencies
T1Markets gives you access to 30+ pairs of cryptocurrencies. This is impressive, given that most brokers only have a handful of crypto CFDs available for trading. For those unfamiliar, cryptocurrency CFDs have high market liquidity to help your trading.
The cryptocurrencies you can trade include BTC, ETH, LTC, DSH, XRP, ETC, BTG, XLM, ADA, BAB, BSV, LSK, NEO, QTM, XEM, ZEC, XVG, and SIC.
Beside the vast range of cryptocurrencies, our review of T1Markets forex broker found an impressive number of these currencies available as pairs with more than just USD. BTC, ETH, LTC, DSH, XRP, and ETC are all available from T1Markets in pairs with USD, EUR, or GBP. Keep in mind that most brokers do not offer more than one or two EUR or GBP crypto pairs.
Social trading
There is no social trading in the traditional sense of copy trading with T1Markets. However, you can still use the strategies of other traders with the MetaTrader’s trading signals and expert advisor features. This is very similar to social trading and can be incredibly helpful if you’re a beginner.
T1Markets research tools
T1Markets gives you many useful research tools via the trading platforms. However, the broker also provides an economic calendar and report season calendar on its website to help you make the right decisions when trading.
Research Tools | |
---|---|
News (from top-tier sources) | N |
Trading Signals and Indicators | N |
Trade Ideas | N |
Expert Analysis | N |
Autochartist Tools | N |
Sentiment Charts | N |
Economic Calendar | N |
News
All MetaTrader platforms have a market news feature that informs you of the latest market movements. T1Markets also gives news alerts via both platforms with push notifications to make sure you never miss out on investment opportunities.
Trading signals and indicators
You can find trading signals built into the WebTrader and mobile trading platforms. If you want to create your own trading signals, you can with the MetaQuotes programming language.
T1Markets offers you a free VPS with Gold and Platinum accounts. This is a simple way to ensure your trading signals are active 24/5.
You will also find 30 indicators in the trading platforms offered by T1Markets and the option to add more. Thanks to the popularity of MetaTrader 4, there are hundreds of indicators you can easily incorporate into your trading platform. Even without extras, the 30 built-in indicators allow you to conduct sound technical analysis.
T1Markets education and training
Our T1Markets forex broker review found that this broker has a highly competitive selection of educational materials for clients to use. Some competitors which restrict specific resources to higher account levels. However, this is not the case with T1Markets. This full access is helpful, given that beginners are more likely to have lower-level accounts. The insightful training resources of e-books, videos, articles, and online courses cover a range of topics.
Educational Features | |
---|---|
Demo Account | N |
Platform Tutorial Videos | N |
Educational PDFs | N |
Live Webinars | N |
YouTube Videos | N |
Trading Academy | N |
Trading Glossary | N |
Platform tutorial videos
Although the MetaTrader platforms offered by T1Markets are fairly simple to use, the broker still offers you platform tutorial videos to help you hone your trading know-how.
Some example topics that you will find include creating an account, opening a deal, managing assets, closing or modifying deals, charts and indicators, news, trading history, the terminal window, types of orders, and properties.
Despite the intuitive nature of the MetaTrader platforms, we recommend that you review T1Markets broker’s tutorial videos to ensure you get the most out of this software.
Educational PDFs
There are nine educational eBooks that T1Markets provides to all clients. We suggest keeping the e-books on terms and the “Glossary e-book” handy when you get started. Those new to trading CFDs and forex will also appreciate “Beginners Strategies” and the e-books on trading psychology, capital management, global trading, and market analysis. Once you have mastered the basics, check out the “Advanced Strategies” and “Advanced Technical Analysis” e-books.
If you prefer content in a shorter format, or just want to supplement your knowledge from the e-books, T1Markets also has a section called “Trading articles.” These are still reasonably descriptive, although less in-depth than the e-books. Topics include financial leverage, swing trading, day trading, forex trading, the top companies on the 100 FTSE, and more.
Live webinars
Although T1Markets does not have information regarding webinars on its website, the broker does in fact offer them to all account holders.
Trading academy
For those who prefer the structure of a trading academy, T1Markets offers two courses. The Economics course covers topics like the crisis, growth, interest, and inflation, saving and investing, the financial system, and globalization. Whereas, the Social Trading course explains what it is, how it works, pros and cons, choosing a trader to copy, and how to start.
Trading glossary
You can find a trading glossary in the e-books section of the broker’s website. There is both a “Glossary e-book” and a “Terms e-book.” Our T1Markets review team suggests at least skimming through these before trading.
T1Markets customer support
T1Markets offers customer support Monday to Friday, from 08:00 to 18:00 GMT, via phone, live chat, email, and a contact form. We found that the department responds quickly and answers questions with concise information.
- Support 5 days a week
- Website in six languages
- Ability to contact management
- Dedicated account manager for all clients
- No in-person support
- No FAQ section
You can contact T1Markets customer support via:
- Live chat
- Phone: +8004040888
- Email: [email protected]
- Contact form
- Contact form for management
- Headquarters address: 359, 28th October Street, Neaopolis, WTC Cyprus -Trust Re Building, 1st Floor, 3107 Limassol
Remember that every single account at T1Markets gets a dedicated account manager. We found this can save you time and hassle as they keep a record of your trading.
Our T1Markets review conducted various quality control tests and found each agent friendly, professional, and willing to help.
T1Markets mobile compatibility
Our review found that you can easily navigate the T1Markets forex broker website on your mobile device. T1Markets also excels at mobile compatibility thanks to the MetaTrader mobile application.
T1Markets – Our verdict
Our T1Markets broker review confirms that this is a respected and reputable broker. Its Investor Compensation Fund membership, CySEC regulation, and other security measures ensure your trading safety.
T1Markets’ wide selection of 350+ CFDs of forex pairs, cryptocurrencies, indices, commodities, and metals combined with its educational materials and demo accounts, make it the perfect choice for beginner traders.
The award-winning platforms the broker provides cater for all levels. Also, the broker helps you make informed decisions by keeping you updated with the latest market news. The free VPS that comes with Gold and Platinum account let you set up an automated trading strategy quickly and easily.
After reading our review of T1Markets forex broker, you can open an account with the broker in a matter of minutes to start trading today.
Final Summary | |
---|---|
Minimum Deposit (USD) | |
Licenses | |
Max. Leverage | |
Client Protection | N |
Broker Type | |
Number of Instruments | |
Currency Pairs | |
Stocks | |
Cryptocurrencies | |
CFDs | N |
Proprietary Trading Platform | N |
MT 4 | N |
MT 5 | N |
Mobile Compatible | N |
Research Tools | N |
Educational Materials | N |
Payment Methods | |
24/5 Customer Support | N |
Live Chat | N |
T1Markets information
- Year Founded: 2017
- Company Trading Names: General Capital Brokers (GCB) Ltd.
- Licenses: CySEC
- Headquarter Address: 359, 28th October Street, Neaopolis, WTC Cyprus -Trust Re Building, 1st Floor, 3107 Limassol
- Phone Number: +8004040888
- Facebook: N/A
- Twitter: N/A
Risk Disclaimer: T1Markets offers CFD products. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our methodology: This review of T1Markets has been created using accurate data and unbiased facts. To test the broker, we have used our unique and detailed methodology, which assesses over 200 criteria points in 10 key areas. This guarantees that all of our reviews are fair and extensive.
We update our methodology and our reviews regularly. Methodology updates are made so that new broker features and products are taken into consideration. Review updates ensure that all the information we provide is current and correct.
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Frequently asked questions (FAQ)
Yes, T1Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC). Its parent company, General Capital Brokers (GCB) Ltd., is also registered with the Republic of Cyprus as a Cyprus Investment Firm. The broker is a member of the Investor Compensation Fund.
No, T1Markets is not a scam. Its regulation by CySEC, registration as a Cyprus Investment Firm, and membership in the Investor Compensation Fund ensure it is a trustworthy broker. Our expert review team also found no history of scandal or fraudulent activity.
The minimum deposit at T1Markets is $250. This low deposit makes opening an account with the broker accessible. It also helps appeal to beginners who prefer to hone their skills by making small trades.
No, T1Markets does not charge any commissions. Its profits from trading come from the spreads. There are no commissions on any account types. There are also no deposit fees, and all withdrawals do not include any fees.
T1Markets offers Silver, Gold and Platinum accounts for retail clients, all of which are also available as Islamic accounts or Professional accounts and include a free demo account. Moving up through the accounts increases your leverage, provides access to services like a free VPS, and gives you a swap discount.