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1Market Review 2022

By Updated:

CFDs are leveraged products that incur a high level of risk and can result in the loss of all your capital and may therefore not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved, take the level of your experience into consideration and seek independent advice if necessary. We strictly do not provide investment advice. To read our full risk disclosure statement, please click here. 1Market.com is owned by St Services LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

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1Market is a Forex and CFD broker offering commission-free trading on over 600+ financial CFD instruments covering Forex, Shares, Indices, Commodities and ETFs, all through its proprietary WebTrader platform and the globally recognised MetaTrader 5 platform.

1Market is a brand name used by two entities, Excelsis Prime Ltd and Podora Ltd. The Excelsis Prime Ltd entity is a Cyprus Investments firm and is regulated by CySEC to operate the www.1market.eu website. The Podora Ltd entity is an IBC based in the Marshall Islands and operates the www.1market.com entity which is not regulated and the focus of this review. However, they do confirm they follow strict European regulatory standards in line with their CySEC regulated entity.

The broker offers clients access to over 600+ financial CFD instruments covering Forex, Shares, Indices, Commodities and ETFs, all through the broker’s proprietary WebTrader platform and the globally recognised MetaTrader 5 platform.

Clients can choose from six main account types: Mini, Standard, Gold, Platinum, Diamond and VIP as well as demo and Islamic (swap-free) accounts. Trading is completely commission-free and spreads vary between account types. All fees and costs are transparent on the broker’s website.

There are some great trading features available that include the 1nsight live feed and trading signals from Trading Central that give clients access to a range of additional tools and features. Deposits and withdrawals are also fee-free and include multiple payment methods including debit/credit card, bank wire, Neteller and Skrill. However, there is an inactivity fee after 12 months of no trading activity.

1Market provides an impressive range of research materials including Financial Market News and Daily Market Reports that are both informative and frequent but the education material is limited. The broker also offers multilingual customer support 24/5 via Live Chat and Email.

Pros: Cons:
  • CySEC entity is regulated.
  • Commission-free trading available.
  • 600+ financial instruments.
  • Impressive WebTrader platform.
  • Great trading features available to suit all types of traders.
  • Marshall Islands entity based offshore and not regulated.
  • Limited education material.

 

About the Author

Jitan Solanki
Author
Jitan is a currency trader and an accredited Market Technician with more than 15 years of experience working with fund managers and on several proprietary trading floors. He is regularly quoted in the financial media for his currency market insights and forecasts and is based in London.
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1Market Main Features
☑️
Regulations
CySEC (Cyprus)
️🗺
Supported Languages
English, Spanish, French, Arabic
💰
Products
Crypto, Currencies, Commodities, CFDs, Indices, ETFs, Stocks, Futures
️💵
Min Deposit
$250
💹
Max Leverage
1:400 (CySEC)
🖥
Trading Desk Type
STP
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CFDs are leveraged products that incur a high level of risk and can result in the loss of all your capital and may therefore not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved, take the level of your experience into consideration and seek independent advice if necessary. We strictly do not provide investment advice. To read our full risk disclosure statement, please click here. 1Market.com is owned by St Services LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

1Market Full Review

1Market Video Review

Investor Protection & Regulations

1Market is a joint brand name for Podora Ltd, an International Business Company (IBC) based offshore in the Marshall Islands, and Excelsis Prime Ltd, a Cyprus Investment Firm authorized and regulated by the Cyprus Securities Exchange Commission (CySEC).

1Market is a joint brand name for Podora Ltd and Excelsis Prime Ltd. Podora Ltd is an International Business Company (IBC) based offshore in the Marshall Islands and as such is unregulated. This entity focuses on the services provided from the www.1markets.com website.

Excelsis Prime Ltd is a Cyprus Investment Firm authorized that operates the www.1markets.eu website and is regulated by the Cyprus Securities Exchange Commission (CySEC), as shown on the regulator’s register below:

1Market provides further security of client funds by following the below regulatory requirements:

  • Holding client funds in segregated accounts from company funds.
  • Providing a negative balance protection policy.

Tradable Products

1Market offers clients the ability to trade on over 600+ financial instruments covering Forex, Shares, Indices, Commodities and ETFs.

1Market offers clients the ability to trade on over 600+ financial instruments covering Forex, Shares, Indices, Commodities and ETFs. Below is a list of just some of the available markets for trading:

Forex Indices
EURUSD US30
GBPUSD SPX500
USDCHF GER30
AUDUSD Commodities
EURJPY Gold
NZDCAD Silver
Shares Crude Oil
Apple ETFs
Amazon QQQ
Tesla SPY
Netflix GDX

* Details regarding the available assets are taken from the 1Market website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.

Account Opening

1Market offers clients six main account types: Mini, Standard, Gold, Platinum, Diamond and VIP as well as demo and Islamic (swap-free) accounts.

1Market offers clients six main account types: Mini, Standard, Gold, Platinum, Diamond and VIP as well as demo and Islamic (swap-free) accounts. The main features of each account are described in the table below:

Mini Standard Gold Platinum Diamond VIP
Min. Deposit 500 USD 1,000 USD 5,000 USD 10,000 USD 50,000 USD 100,000 USD
Minimum Line 1,000 USD 10,000 USD 50,000 USD 100,000 USD 500,000 USD 1,000,000 USD
Leverage* Up to 1:400 Up to 1:400 Up to 1:400 Up to 1:400 Up to 1:400 Up to 1:400
Spreads from 4 pips 3 pips 2 pips 2 pips 2 pips
Additional Features 1nsight Live Feed, Trading Signals, 24/5 Live Chat Support 1nsight Live Feed, Trading Signals, 24/5 Live Chat Support, MT5 1nsight Live Feed, Trading Signals, 24/5 Live Chat Support, MT5, Personal Push & SMS Notifications, Exclusive Market Updates 1nsight Live Feed, Trading Signals, 24/5 Live Chat Support, MT5, Personal Push & SMS Notifications, Exclusive Market Updates 1nsight Live Feed, Trading Signals, 24/5 Live Chat Support, MT5, Personal Push & SMS Notifications, Exclusive Market Updates 1nsight Live Feed, Trading Signals, 24/5 Live Chat Support, MT5, Personal Push & SMS Notifications, Exclusive Market Updates

*Leverage amounts and minimum deposits may vary under the CySEC regulated entity.

Users can open a new account in just a few steps. After clicking the ‘Register Now’ button on the broker’s homepage, users will be guided through the below process:

  1. Create Account: Name, email, password, phone number and country of residence.
  2. Trading Profile: Personal, contact and financial information as well as trading experience.
  3. Client qualification: Various questions to test users have sufficient knowledge and understanding of financial trading.
  4. Documents: Identity verification by submitting proof of identity (passport or driving licence) and proof of residence (utility bill or bank statement – not more than 3 months old).

The client portal is shown below:

1Market does not accept clients from the USA.

Deposit & Withdrawals Options

1Market offers various fee-free deposit methods and withdrawal methods, including debit/credit card, bank wire, Neteller and Skrill.

1Market offers various fee-free deposit and withdrawal methods, including debit/credit card, bank wire, Neteller and Skrill. Deposits are processed immediately excluding bank wire which can take between 3-5 days and withdrawals are usually processed within 3 business days.

Clients can deposit and withdraw funds easily once logged into the My1Market portal.

Web & Desktop Trading Platforms

“1Market offers clients the ability to trade on its proprietary WebTrader platform and the globally recognised MetaTrader 5 platform.”

1Market offers clients the ability to trade on its proprietary WebTrader platform and the globally recognised MetaTrader 5 platform. Each of the platforms features are highlighted below:

1Market WebTrader

  • Advanced charting.
  • Next-gen Technical Tools.
  • Position Simulator.
  • Trend-spotting feature.
  • No download needed.

1Market MetaTrader 5

  • Advanced multi-asset trading.
  • Market depth.
  • 21 timeframes.
  • Expert Advisors.
  • Download for Mac.

A screenshot of the 1Market WebTrader platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

1Market offers clients the ability to access mobile trading on the go from the MetaTrader 5 mobile trading app for Android and iOS systems. At the time of writing, the broker’s website also states that a 1Market mobile trading app is coming soon to the Google PlayStore and Apple AppStore.

1Market offers clients the ability to access mobile trading on the go from the MetaTrader 5 mobile trading app for Android and iOS systems. The app download links can be found on the Google PlayStore and Apple AppStore, respectively.

The MetaTrader 5 mobile app provides a range of different features including:

  • Trade and manage your account on the go.
  • Access real-time pricing and trading.
  • Extensive product offering.
  • Advanced order type functionality.

The MetaTrader 5 mobile trading app is covered in more detail in the video review.

At the time of writing, the broker’s website also states that a 1Market mobile app is coming soon to the Google PlayStore and Apple AppStore.

Trading Features

1Market provides two great trading features that include 1nsight Live Feed and trading signals from Trading Central.

1Market provides two great trading features that include 1nsight live feed and trading signals from Trading Central. The 1nsight live feed is powered by a set of intelligent algorithms that scan the trading activity of thousands of traders and assets available on 1Market’s platform and provides real-time data-driven insights. Clients can also take advantage of the trend-spotting feature, price barometer, volume ticker and reversal alerts.

The broker also provides trading signals from Trading Central – the financial industry’s top provider of real-time trading signals and market sentiment for retail traders. Clients can get premium signals 3 times a day on various asset classes across multiple timeframes as well as select a range of trend confirmation tools and technical indicators.

Commissions & Spreads

Trading with 1Market is completely commission-free but spreads vary by account type and instrument traded.

Trading with 1Market is completely commission-free but spreads vary by account type and instrument traded. The below table shows a selection of average spreads for Forex and CFD instruments across each account type:

Market Mini Standard Gold Platinum Diamond
EUR/USD 4 3 2 2 2
GBP/USD 5 5 3 3 2
Gold 210 195 165 150 135
Dow Jones 600 550 450 450 400
S&P 500 150 120 100 70 50
Facebook 300 290 280 270 260
Google 2100 2000 1900 1800 1700
QQQ 150 140 130 120 110

For non-Islamic accounts, overnight funding or ‘swap’ fees are charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.

The broker also charges a monthly account keeping fee of 10% of the account balance, or at least €5 if no trading transactions are processed for 12 months.

Bonus & Promotions

“At the time of writing, 1Market does not offer any bonuses or promotions.’’

At the time of writing, 1Market does not offer any bonuses or promotions.

Customer Support

1Market offers multilingual customer support 24/5 support via Live Chat and Email. There is also a contact form on the Contact Us page.

1Market offers multilingual (English, Arabic, Spanish, French) customer support 24/5 via Live Chat and Email. There is also a contact form on the Contact Us page and a Help Centre that covers topics such as Deposits, Documentation, Payment Processors, Access Remote Support and Withdrawals.

After submitting a question through the live chat we were connected to an agent who answered our question within 10 seconds, as shown below:

Contact Information:

Research

1Market offers a range of market research including Financial Market News and Daily Market Reports.

1Market offers a range of market research including Financial Market News that provides daily market updates, 5 days a week, before the European open. The content covers various news stories and a breakdown in each asset class including Forex, Stocks and Commodities. A YouTube video is also included each day which provides a shortened summary of the performance in each market sector.

The Daily Market Report covers technical analysis on Forex, Commodity and Index markets provided by Trading Central. It contains a general review of the market as well as potential scenarios and support and resistance levels.

All content is available for free on the broker’s website and is highly detailed, frequently updated and suitable for both beginner and advanced traders.

Trader Education

1Market offers limited education material, however, there is a Trading Information page that provides definitions of commonly used trading terms.

1Market offers limited education material, however, there is a Trading Information page that provides definitions of commonly used trading terms such as Leverage, Spreads, Slippage and Rollover.

Trading Experience

1Market provides a competitive offering with its broad account types and market accessibility. Clients can choose from over 600+ financial CFD instruments and trade completely commission-free. There are also intuitive trading features available through the 1nsight live feed and trading signals provided by Trading Central.

From our observations, 1Market provides a competitive offering with its broad account types and market accessibility. Clients can choose to trade a variety of markets covering CFDs on Forex, Shares, Indices, Commodities and ETFs through a choice of platforms including the broker’s WebTrader platform or the globally recognised MetaTrader 5 platform.

Trading is completely commission-free and although spreads vary by account and instrument traded, all trading fees are transparent on the broker’s website, including swap fees. Clients can also utilise intuitive trading features such as the 1nsight live feed on the broker’s WebTrader platform and the trading signals provided by Trading Central.

FAQ

Is 1Market regulated?

1Market is a joint brand name for Podora Ltd and Excelsis Prime Ltd. Podora Ltd is an International Business Company (IBC) based offshore in the Marshall Islands and as such is unregulated. Excelsis Prime Ltd is a Cyprus Investment Firm authorized and regulated by the Cyprus Securities Exchange Commission (CySEC).

Where is 1Market based?

Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

How does 1Market make money?

1Market makes money mainly through spreads and swaps on certain asset classes.

How do I deposit in a 1Market account?

Funds can be deposited into a trading account via debit/credit card, bank wire, Neteller and Skrill.

What is the min. deposit for 1Market?

The minimum deposit is $500.

How do I withdraw money from 1Market?

Withdrawals can be made from 1Market via debit/credit card, bank wire, Neteller and Skrill.

What is the max leverage in 1Market?

Retail clients have maximum leverage of 1:400.

How do I open an account with 1Market?

An account can be opened at the click of a button on the 1Market website and can be done in just a few steps.

Does 1Market use MetaTrader?

Yes, MetaTrader 5.

Conclusion

1Market is a Forex and CFD broker offering commission-free trading on over 600+ financial CFD instruments covering Forex, Shares, Indices, Commodities and ETFs, all through its proprietary WebTrader platform and the globally recognised MetaTrader 5 platform.

1Market is a brand name used by two entities, Excelsis Prime Ltd and Podora Ltd. The Excelsis Prime Ltd entity is a Cyprus Investments firm and is regulated by CySEC to operate the www.1market.eu website. The Podora Ltd entity is an IBC based in the Marshall Islands and operates the www.1market.com entity which is not regulated and the focus of this review. However, they do confirm they follow strict European regulatory standards in line with their CySEC regulated entity.

The broker offers clients access to over 600+ financial CFD instruments covering Forex, Shares, Indices, Commodities and ETFs, all through the broker’s proprietary WebTrader platform and the globally recognised MetaTrader 5 platform.

Clients can choose from six main account types: Mini, Standard, Gold, Platinum, Diamond and VIP as well as demo and Islamic (swap-free) accounts. Trading is completely commission-free and spreads vary between account types. All fees and costs are transparent on the broker’s website.

There are some great trading features available that include the 1nsight live feed and trading signals from Trading Central that give clients access to a range of additional tools and features. Deposits and withdrawals are also fee-free and include multiple payment methods including debit/credit card, bank wire, Neteller and Skrill. However, there is an inactivity fee after 12 months of no trading activity.

1Market provides an impressive range of research materials including Financial Market News and Daily Market Reports that are both informative and frequent but the education material is limited. The broker also offers multilingual customer support 24/5 via Live Chat and Email.

  • Commission-free trading available.
  • 600+ financial instruments.
  • Impressive WebTrade platform.
  • Great trading features available to suit all types of traders.

 

broker

CFDs are leveraged products that incur a high level of risk and can result in the loss of all your capital and may therefore not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved, take the level of your experience into consideration and seek independent advice if necessary. We strictly do not provide investment advice. To read our full risk disclosure statement, please click here. 1Market.com is owned by St Services LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

See 1Market Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
United Kingdom
Foundation Year
2021
Regulations
CySEC (Cyprus)
Publicly Traded
No
Number Of Employees
200+
Trading Desk Type
STP
Trading platforms
MT5
Restricted Countries
United States
Supported Languages
English, Spanish, French, Arabic
Min Deposit
$250
Max Leverage
1:400 (CySEC)
Deposit Options
Wire Transfer, Credit Card, PayPal, Cryptocurrencies, Skrill, Neteller
Withdrawal Options
Wire Transfer, Credit Card, PayPal, Cryptocurrencies, Skrill, Neteller
Cryptocurrencies
Bitcoin Cash, Bitcoin, Cardano, NEO, Litecoin, Ripple, Monero, TRON, EOS, Ethereum
Fixed Spreads
Yes
Commission On Trades
No
Products
Crypto, Currencies, Commodities, CFDs, Indices, ETFs, Stocks, Futures
Mini Account
Yes
Premium Account
Yes
Demo Account
Yes
Islamic Account
Yes
Segregated Account
No
Managed Account
No
Institutional Account
No
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