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.
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.