No1 Capital Markets is a forex broker located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC).
No1 Capital Markets accepts clients from all over the world, excluding some jurisdictions where restrictions apply.
Forex broker offers the following underlying assets for trading.
50+ Currency Pairs | Based on major and minor world currencies. |
5 Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple. |
9 Indice CFDs | Based on baskets of different blue-chip stocks and US Dollar Index. |
4 Metal CFDs | Based on Gold, Silver, Platinum and Palladium. |
3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
No1 Capital Markets (N1CM) is a global CFD & forex brokerage company based out of the traditional offshore jurisdiction Vanuatu, and regulated by the Vanuatu Financial Services Commission (VFSC).
Thanks to the relaxed financial regulations in countries like Vanuatu, No1 Capital Markets is able to offer very high trading leverage to their clients. On the most liquid assets like the EUR/USD forex pair, leverage can go all the way up to 1:1,000 with this broker, which is far higher than brokers based in any “onshore” jurisdictions are allowed to offer.
Another benefit of using a broker based offshore is the relatively simple user registration and verification procedures that those brokers have. Given the fact that this broker also accepts deposits with cryptocurrency, it opens up the possibility to trade the traditional financial markets with a much higher degree of privacy than what is usually possible.
The assets that are available for trading from No1 Capital Markets includes a pretty good selection of both major, minor, and exotic forex pairs, a handful of popular cryptocurrencies, as well as CFDs on stock indices and various commodities.
Unfortunately, however, no stocks of individual companies are available for trading from this broker.
All assets offered can be traded on the classic MetaTrader 4 (MT4) platform, which is the only trading platform this broker supports. Although some traders may find this to be quite a boring offering in terms of platforms, MT4 is still among the world’s most popular retail trading platforms. Additionally, the platform offers nearly endless opportunities for systematic traders or those who like to code their own trading algorithms.
When a trader decides to sign up with No1 Capital Markets, he or she will get the chance to choose between three different account types:
– Cent Account
– Standard Account
– ECN Pro Account
Among these, the ECN Pro Account offers the best conditions for large and professional traders. This account has variable ECN spreads, while still just charging a USD 5 commission per lot traded. Alternatively, the Standard Account should be the preferred option for most medium-size traders, while the Cent Account is most suitable for beginners.
All trading accounts offer adjustable leverage ranging from 1:25 to 1:1,000, and have incredibly low minimum deposit requirements.
When it comes to funding methods, No1 Capital Markets accepts a truly wide range of options. First and foremost are of course the usual methods like SWIFT bank wire transfers, major payment cards, as well as popular e-wallet platforms like Skrill and Neteller. In addition, however, this broker also accepts local bank transfers in China, Indonesia, Malaysia, Thailand, and Vietnam.
Last but not least, No1 Capital Markets also accepts a range of cryptocurrencies for deposits and withdrawals. At the time of this review, the accepted cryptocurrencies includes Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), and Dogecoin (DOGE).
In conclusion, we fully believe that No1 Capital Markets is a reliable forex & CFD broker that can be trusted. The broker appears perhaps particularly attractive for aggressive traders who want high leverage, given the 1:1,000 leverage that is available here. Unfortunately, however, No1 Capital Markets does not offer any stocks for trading, which makes this more suited as a broker for those who trade mainly forex and crypto.
N1CM has stopped processing withdrawal requests.
Starting around October 2024 they stopped sending out withdrawals. They might have been a good company before, but traders haven't been able to withdraw for the last month or so.
Be aware that it always takes them over a week to process withdrawals. If you need your profits in a hurry, I would not use these guys! They accept deposits immediately but getting your money from them is a totally different story!
N1CM offers very competitive trading conditions. With leverage up to 1:1000 and spreads starting from 0.5 pips.
This broker offers the best spreads. While many companies in the market manipulate prices, N1CM provides accurate pricing, and their spreads are very competitive. You can invest in all types of cryptocurrencies with fiat money, and the process is very fast. They complete withdrawals within the promised time frame. They also have ongoing bonus campaigns.
The variety of trading pairs at N1CM is impressive. I trade a mix of forex and commodities, and I've been satisfied with the spreads and execution. The platform's performance is consistent, even during high-volatility periods.
N1CM is solid for forex trading. Competitive spreads on pairs like GBPUSD and EURUSD.
N1CM offers a wide range of assets for trading. The spreads are competitive, and the platform is reliable. Withdrawals up to 3-4 days.
As a beginner, n1cm has been great, the platform is easy to navigate and customer support is very helpful.
N1cm's low spreads and fast execution are perfect for scalping. Faced some slippage during high volatility, but it's manageable. Customer support is responsive and helpful.
Reliable broker, trading for few years here. Still, few times asked to send kyc. Few times! Last time this year. Nevertheless, good broker.
They impose no restrictions on trading systems, allowing both medium-term and day trading. Therefore, I highly recommend n1cm.
Happy with fast execution, swift withdrawals, and overall good services from this broker. It's been a couple of years, and I'm satisfied with both their services and the profits I've gained. They've proven to be honest and consistently reliable.
My issue is simple. I just want to receive the profits earned from the Forex account. The amount of profits is large, and N1 Capital Markets have not disbursed the funds and now they will not respond to my messages. It seems they don't have my funds and this is some type of scam operation.
This broker rocks – their trading platform and services are sleek. What I like most is the absence of a dealing desk and the straightforward transactions. No runarounds, no hoops to jump through – just transparent. The platform is user-friendly, and they've got their game on when it comes to quick and hassle-free transactions. It's the kind of reliability I want in a broker. My experience here has been nothing short of excellent, and the absence of any dealing desk shenanigans is a huge plus in my book.
The broker has excellent trading conditions across various accounts, though the account options may be a bit confusing. While the Micro and Standard accounts are good, I prefer the ECN account for its extremely small spreads.
I really like the platform at N1CM. What's impressive is that they don't freeze the platform when my EA is stacking or closing orders. My EA works smoothly without any problems, and I never encounter requotes. Their withdrawal process is lightning fast. Overall, the company offers fast execution, a stable server, excellent customer support, and an easy-to-use trading cabinet. It's become one of my favorites.
I've come to a realisation that I can brand, N1CM as a highly flexible broker without any apparent trading restrictions. I use an arbitrage strategy, often considered non-compliant by most brokers. This strategy can lead to rule violations or even bans.
N1CM, in contrast, seems to support retail traders like me by allowing this approach. It's unique to go for 2 years without being asked a question, or to even find a broker that accommodates what some might consider a "black hat strategy," even though arbitrage trading can contribute to market efficiency. N1CM's approach suggests they're not acting as a market maker and genuinely working in favor of retail traders.
I really like N1CM's standard account mainly because of the super tight spreads at 0.8 pips – they're incredibly thin. Being a trader who relies on price action, I know when to make my moves. I've noticed that during quieter times without much news, I can easily use price action on the M15 chart with N1CM, and there's very little slippage. This makes my trading experience smoother and fits well with my strategy.
I tried N1CM's first deposit bonus, but honestly, it didn't impress me. I deposited the minimum $100 and received a 35% bonus, which felt insignificant. In trading, where losses are common, a small bonus doesn't make a big impact. It would be more appealing if the broker offered more substantial bonuses, given the challenges traders face.
This broker service has been good for me. Withdrawals are a breeze, and they're quick to process. I've been trading with them for a year, and I'm genuinely satisfied with everything they offer. The leverage I'm getting is advantageous, the terms are fair, and the spreads are impressively tight. Added to that, there are no requotes or unnecessary complications. Their customer service has consistently been top-notch.
And let's not forget the specifics: for USDCHF, the min spread is just 0.6 pips, with an average spread of 0.7 pips; for USDJPY, it's a min spread of 0.7 pips, and the average spread is 0.8 pips. All in all I recommend.
I wanted to buy American shares directly, avoiding any middlemen. But after considering things, I concluded that foreign assets need foreign depositories. That's where N1CM comes in perfectly. They're a trustworthy broker with a valid license. I find their client conditions favourable and fitting.
I found N1CM's cent account to be a suitable option to start my trading. One of the standout features is that they do not charge any commissions on forex trades, which is beneficial for someone with limited trading capital like me. This allows me to focus on learning and practicing without worrying about additional costs eating into my hard earned gains.
I've been trading with N1CM for a while now, and while the trading conditions are good, I have mixed feelings about their payment methods. I prefer using payment agents instead of banks, but the ones available through N1CM are expensive. For example, Sticpay charged me up to 13% commission, which is extremely high.
On the positive side, N1CM does offer cheaper payment methods, but they take longer to process.
Having successfully processed over 10 withdrawals, with the largest one amounting to $2600.
Throughout my interactions with this brokerage, I encountered no issues whatsoever, and I must commend their outstanding service and professionalism.
They have commendable spreads on the beginner account (0.8~0.9 on EURUSD). I can even scalp on higher timeframes.
As a long-term investor in cryptocurrencies, I want the -10% annual swap rate for short positions!
My experience trading with N1CM using an EA has been a bit challenging, as I've had difficulty managing their leverage. Perhaps it's just my risk tolerance, but I've found myself feeling a bit uneasy at times.
The reason I was drawn to n1cm as my preferred broker was their offering of smaller contract sizes on the US30, which has allowed me to trade with a reduced balance. I particularly appreciate this feature since it's rare to find a broker that allows traders to trade with such a small amount per pip.
I am an active trader who executes several trades during news trading. The VPS provided by N1CM has greatly improved my trade entries in the volatile market. I am confident that I will be a loyal client for a long time.
As someone who values security and reliability, I was happy to find a platform that provides both. The commissions are reasonable, and I feel comfortable trusting N1CM with my money.
This broker company has been a great choice for me as an EA trader. Their fast trading executions have enabled me to place trades quickly without any hiccups.
One aspect of N1CM that I particularly appreciate is their trading times. The broker offers 24-hour trading on several instruments, which allows me to take advantage of market opportunities at any time, regardless of my schedule. This is a huge advantage for me because I like trading the asian session which is late in my country.
I have been using n1cm for almost a decade and they are doing a good job. They used to only have one server, but now they've increased their fleet to 10 with the same low latency. Which is very nice.
Pending orders (SL, TP) almost always are filled 95% of the time especially when I'm trading with data. Most I had to wait for a crypto withdrawal was 3 hours when the factor in the blockchain hold-up. Really straightforward broker, can't complain.
I do not believe that in the long run cryptocurrency will hold any value especially since the recent crashes. Despite my perception towards crypto I have had a great experience with n1cm broker. It helped me establish a solid investment portfolio and I feel more secure about my finances than ever.
Great IB conditions and more importantly, rebates for me.
It's been a little over three months now since I had my clients switch over from another broker in favor of tighter spreads and lower commissions at N1CM. My previous broker was taking its sweet time processing withdrawals as well, but not N1CM where it's done within the same day.
I only wish I had discovered this broker before, but all's well that ends well.
There are only two kinds of brokers: those with low spreads and those without. Unfortunately, most brokers claim to have low spreads but in reality they don't. I can safely say N1CM has really low spreads – 2 years client.
Overall favorable opinion of the business. Tried several times, easy to complete KYC, and easy to deposit and withdraw money. Personal area has now been redone, and it looks fantastic! Simple navigation.
I like that the bigger my account is, the less leverage n1cm offers me, which reduces my exposure to risk and I get to preserve my funds.
Biggest reason I chose to trade with n1cm is because they offer a small contract size on US30, which means I can trade with a small balance because the contracts are as small as $0,10 per pip.
Very, very invasive in their requirements for opening an account.
My previous broker didn't charge me swaps on EURUSD short position but n1cm pays/credits my account when I hold EURUSD short positions over night or on weekends, same applies to USDZAR.
Overall good impression about the company, easy to deposit and withdrawal, tryed a few times, easy to do KYC. They've finally updated personal area and it looks great! Easy navigation.
I used to think EAs do not work well until I got here. My EAs execute trades round the clock for me and it doesn't get damaged often. N1CM has been a reliable platform to combine forex, stocks and major crypto autotrading.
I like the new look of the website. It is better than the former one and it makes it easier to find assets that I want to trade without going through stress. The former website was quite dull. Keep the good work!
Tight spreads for eurusd, low commissions, this broker is recommended for news trading.
N1CM offers the best in terms of overall trading costs. I no longer consider lowering my position sizes or closing out trades before swap hours as I pay significantly less in terms of opening and holding trade positions. It’s rather satisfying.
I’m able to trade tens of FX major, minor and exotic pairs with super-low commissions and tight spreads. I’ve not had a reason to consider other options as n1cm meets my needs in terms of offering multiple tradable instruments and their offering of different leverage options up to as high as 1:1000. I am satisfied with the service.
During news trading, I execute many trades almost every second. I started to use the VPS provided by the broker too. My trade entries in such volatile markets have improved so well. I will be here for a long time.
Fast ea trading, i also rent a vps server so the trading is going without problems. The broker is crypto friendly, easy with kyc, recommend.
Fast execution. They initiate instantly. I am sure that short-term traders will enjoy the services here. Withdrawal is granted early and the spreads are tight for forex.
They were helpful when I was setting up my ea. They also assisted me in making my first deposit and withdrawal. The processes were not hard, but I had to seek their assistance to make sure that I did not make any mistakes. That charts are also clear, my analyses integrate well with the chart. I trade using the one-click trading features and the indicators are fully customizable to fit into my different strategies.
The broker is beginner friendly, those who are new to trading will be able to trade comfortably. It also has advanced trading tools that work for professionals. One thing I also appreciate is the way expert advisors work. Thanks for these services.
No deposit and withdrawal fees here. It is all free and there are no hidden charges so far. Long and short term trading strategies also work here. I am happy I found this broker.
The broker grants nice bonuses for deposits made with cryptocurrencies. I got mine, so it is valid. If you can, make sure you deposit with any of the crypto options.
I got an extra crypto bonus for making deposit with dogecoin, which is nice. I saw it as having a 10% profit on my account before even starting to trade.
The cryptocurrency deposit and withdrawal solution is a good idea. N1CM got that right. The many forex and indices pairs also help me to have many assets to choose from. I trade the daily chart and i trade all the forex assets depending on which one has a good setup.
With this broker you can make as much as possible with the right strategy and mindset. Don't get deceived by those who say that you should be conservative in your trades. No one can determine how much could be made through forex trading in a day, a week, a month not to talk about a year. This broker is reliable and will grant your withdrawal request even if you withdraw a multiple of what you deposited initially. I am a living witness to this. Learn to trade forex and let us kill the market together.
Good broker for trading stocks, in my opinion. There are all major US companies available for trading and I can also use nice leverage of 1:100. Spreads are indeed very low, within range of 1-2 pips, no additional commission. Execution is fast.
There are very good conditions for scalping with this broker, at least per my opinion. Spreads are indeed low, in a range 1-2 pips. EA is supported, working without any issue here. I am using Neteller, so I don't have fee on withdrawals, but there might be some commission with other payment methods.
I am trading major currencies with this broker for some time. My impression is that these people are professionals who know exactly what one trader needs. Low spreads, platform without interruptions, great customer support, hedging, nice leverage and swift withdrawals. Everything in one place.
Very decent broker. I have opened standard account with this broker two months ago. So far, everything runs quite good. Low spreads are very important for scalpers like I am. Spreads on majors are within 2-3 pips. ECN account goes even lower with spreads, but there are commissions involved with each lot. Withdrawals are also fast, although I have withdrawn only small amount on my card until now.
During the month of trading, I haven’t noticed any disadvantages yet. The biggest advantage of N1CM is spreads! A few pips for deposits from ten dollars is just an incredible bounty!
N1CM is still in the first place of my hit parade of brokers. Besides it, none provides ECN conditions for simple people like me) Where else can I get a spread of a few pips on GBPUSD with a deposit of $60? This is the deposit I started trading with. Fast money can only be earned in the case of narrow spreads. This is rule #1 for me.
The broker offers very attractive conditions. This would be suspicious if the broker did not immediately withdraw money from the deposit. I opened a small deposit (for verification) a few months ago and still trade. So far, everything is fine.
I completely agree with the conclusions! The spreads are very interesting. The EURUSD or GBPUSD spreads are only 1-2 pips. This is on an ECN account and the commission is $5 per lot. Unlike other ECN brokers, the minimum deposit here is $10, not a hundred times more.