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Table of Contents
(based on 6 reviews)
80% of of retail investor accounts lose money when trading CFDs with this provider.
T1Markets Experiences & Review
- Last Update: September 2020
In this Review & Test we will report about our T1Markets experiences. We will go into the most important aspects and also offer the possibility for you to rate and comment
The most important facts about T1Markets
T1Markets is a fairly new CFD and forex broker located and regulated in Cyprus. T1Markets is the trading name of General Capital Brokers Ltd (GCB) with Registration Number HE345774.
- Regulations: CySEC
- Service Phone: +80040408888
- Address: 249, 28th October Ave., Lophitis Business Centre 1, Mezzanine Off. 3, 3035, Limassol
Your rating of T1Markets
If you know this broker, please leave a rating. You do not have to comment to rate but feel free to comment if you have an opinion on this broker.
The most important facts about T1Markets
What we liked about T1Markets
In our T1Markets review we liked the cryptocurrency offer the most. With over 30 CFD cryptocurrencies T1Markets is worthy of a second look for crypto enthusiasts. T1Markets is a modern broker with a new infrastructure. Their website is top-notch and you can access all relevant information quickly. T1Markets offers a wide range of learning materials. Available materials are: VODs, Courses, Articles, E-books, Tutorials. To keep traders up to date with news T1Markets offers an economic calendar aswell.
More than 30 cryptocurrencies
Modern infrastructure
Crypto vs USD, EUR, GBP
Many learning materials
What we disliked about T1Markets
In our T1Markets review we liked the account tiers the least. We understand the reason behind it, to give the customer an incentive to deposit more and thus trade a higher volume. However, we prefer it if there is only a single account tier to make it fairer for small traders with small accounts. The spreads on the low-end tiers could be a little better. The inactivity fee and withdrawal fee is another small negative point.
Account tiers
Inactivity fee
"only" 160 trading assets
Above avg. spreads on silver accounts
Comparison T1Markets vs. average Broker
- Information about the Ø Broker
Available Trading Assets
DAX Spreads
Gold Spreads
- How do I read the charts?
Which trading assets are available at T1Markets
T1Markets.com offers over 160 different trading instruments. Which is a little lower compared to the average broker. However, T1Markets offers an above-average amount of cryptocurrencies but falls a little short on available stocks. CFD Futures are available and use different future contracts as underlying from different exchanges like the ICE or CME as underlying.
At T1Markets can trade a variety of international markets such as index CFDs, stock CFDs, foreign exchange CFDs, commodity CFDs, precious metal CFDs, crypto-currency CFDs. You can choose from over 100 different stocks from around the world.
T1Markets offers major and minor currencies, but also the exotic ones like the US Dollar vs. South Indian Rupee. Some available commodity CFDs are classic products like oil, but also exotic products like coffee, cocoa, cotton, orange juice or copper. T1Markets.com offers a wide variety of CFD’s from famous cryptocurrencies to other more exotic ones. You can choose to trade with the most popular cryptos such as Bitcoin, Ethereum, Ripple or Litecoin. Also, available are more exotics such as Cardano, Babel, Lisk, Quantreum, Swisscoin, Stellar or Verge.
Among the available instruments are:
- +45 forex/currency pairs
- +20 commodity
- +20 indices
- +45 shares
- +30 cryptocurrencies
- +3 metals
T1Markets Experiences & Trading Conditions
Our T1Markets review and experience is mixed. The modern infrastructure and their varied offer of cryptocurrencies is a big plus, while their account tiers are negative in our eyes. T1Markets divides clients into three different accounts: Silver, Gold and Platinum.
The spreads and swaps depend on the status of the account. Once you have reached the platinum account, the spreads and swaps will be tight, but the spreads could be better for the silver accounts. T1Markets does not charge any trading commissions and gives a flat 0% commission promise.
The commercial assets offered cover a wide variety of international markets. T1Markets even offers exotic forex pairs with currencies such as the Hungarian Forint, Singapore Dollar, or South African Rand. They offer CFDs on exotic cryptocurrencies like Lisk, Quantreum, Cardano, Babel, Swisscoin, Stellar or Verge, but also popular ones like Bitcoin, Ethereum, Ripple or Litecoin.
T1Markets has a fast execution of orders/trading-positions, guaranteed by SAS 70 certified data centres. The available trading software mainly relies on the popular MetaTrader 4, which can be accessed via PC, from the web and mobile smartphone/tablet.
What is special about T1Markets? If you encounter any issues or have suggestions, you can even contact the management through a separate contact form. To ensure fast and smooth deposits and withdrawals, you have the option to choose from several payment methods. PayPal is sadly not available.
Scalping allowed
Hedging allowed
Negative Balance Protection
Guaranteed Stop Loss
STP/DMA Execution
ECN/RAW Account
Deposit Bonus
Loyalty Bonus
Available Trading Software and Platform at T1Markets
T1Markets offers several options as trading platform. T1Markets gives you access to the MetaTrader4 (MT4), a popular desktop trading software, or a mobile application or webtrader.
MetaTrader 4: T1Markets focuses on the most used trading software in the world which is MetaTrader 4. MetaTrader 4 is a robust, fast and flexible trading software that can be used on both MAC and Windows computers. Once you have registered with T1Markets, you can their trading platform through a free demo account.
Webtrader: T1Markets offers the MT4 as a WebTrader if you want to access your account from a different computer. You can log in and use most of the functions that are available in regular MT4. However, you will not be able to see your desktop settings. However, you can access your open positions, modify them or open new ones.
Mobile Application: T1Markets has connected its trading servers to the MT4 mobile application. You can access your funds and trade from anywhere, as long as you have your smartphone with you. The app is available for both Android and Apple users. The trading app is useful if you want to trade while you’re away from home.
Available Accounts at T1Markets
There are three different types of accounts at T1Markets: Silver, Gold and Platinum. Each status offers different conditions and free access to additional services. What type of accounts you have will depend on your deposits, capital and trading behaviour. After you register, your account executive will call you to help you with setup and anything else you need to get started quickly. Your Account Manager will decide which category your account should fall into.
More info is available in the following table:
| Silver | Gold | Platinum | |
| Deposit commission | 0% | 0% | 0% |
| Spreads starting from | 0.07 | 0.05 | 0.03 |
| Max leverage up to | 1:200 | 1:400 | 1:500 |
| Spread EUR/USD | 28 | 20 | 18 |
| Gold | 80 | 70 | 60 |
| Crude Oil | 250 | 200 | 200 |
| Withdrawal Process | 5 days | 5 days | 5 days |
| News Alert | ✓ | ✓ | ✓ |
| Free VPS | ✘ | ✓ | ✓ |
| Account Manager | ✓ | ✓ | ✓ |
| Webinars & Videos | ✓ | ✓ | ✓ |
| Islamic | ✓ | ✓ | ✓ |
| 24/5 Support | ✓ | ✓ | ✓ |
| Fifth Decimal (Forex) | ✘ | ✓ | ✓ |
| Hedging | ✓ | ✓ | ✓ |
| Swap Discount | 0% | 25% | 50% |
Deposits and withdrawals at T1Markets
Payment Options: T1Markets.com offers a wide variety of payment options. Its payment options include Trustly, Inatec(PowerCash), Isignthis, SolidPay, Inpay and Paydoo. In addition, merchants have the ability to make a deposit via Neteller, Visa, Mastercard, Maestro, SafeCharge, Paysafe, Skrill and Wire Transfers.
Fund Security: T1Markets believes that account segregation is important to protect the privacy, funds and assets of the individual trader. In addition, funds are segregated from their corporate operating accounts and deposited in well-established international banks. T1Markets seeks the highest possible security.
Security: T1Markets uses the latest hardware and software to protect all data systems. Strict firewall rules and Secure Sockets Layer (SSL) software are used to protect all data during transmission. Transactions are moderated by Level 1 PCI compliance services to store and manage all your forms securely.
Like any other regulated broker, withdrawals will only be effected towards the client. T1Markets will not perform withdrawals to any other third party or anonymous account.
T1Markets reserves the right to charge a withdrawal fee at an amount equal to 50 EUR (or an equivalent amount according to the denominated currency in the client’s trading account) if there is insignificant (only one single position placed on the trading account) or no trading activity in the client’s trading account prior to the submission of the withdrawal request. In case the client wishes to withdraw less than €100, additional fees may apply and you will be informed in advance accordingly.
How is the service at T1Markets
T1Markets’s customer service is often available. In our tests, we have tried to contact T1markets services and each time we were able to contact our account manager or a colleague directly. If you need or want assistance, there are a few possible ways to contact the T1markets service.
You can call them by phone, contact them via Live-Chat, email them or use their contact form. Their telephone service is available from Monday to Sunday: from 07:00 to 17:00 GMT.
Since T1Market is a new broker, we do not have any verified feedback from traders about their experiences with T1. We will update this section once it becomes available.
Is T1Markets regulated and secure?
When it comes to regulation, T1Markets is a regulated brand under the CySec (Cyprus / EU) regulation.
T1Markets is the trading name of General Capital Brokers Ltd (GCB) with Registration Number HE345774 regulated and authorized by the Cyprus Securities and Exchange Commission under license number 333/17.
You can find more information about the regulation on the CySec website.
Summary: Review of T1Markets
Our T1Markets review is mixed, but we recommend crypto traders to take a second look at T1Markets. Beginner traders should test T1Markets on their free demo account first and check out their learning materials. Experienced Traders will like the MetaTrader 4 as the main trading platform.
Highlight's of T1Markets
Free demo account
Many learning materials
Max. Leverage 1:500 for pro accounts
+30 crypto currencies
How do you open an account at T1Markets
By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.
To open an account at T1Markets just press the button below
CFDs are complex instruments and involve a high level of risk due to leverage. 80% of of retail investor accounts lose money when trading CFDs with this provider.
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