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T1markets Review 2022

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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“T1Markets is a CySEC regulated broker offering to trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals on the MT4 Web Trader platform and mobile trading app.”

T1Markets is the trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker, due to regulatory requirements, offers segregated trading accounts and negative balance protection and up to 30:1 leverage for retail clients and up to 200:1 leverage for professional clients.

Users can choose from 3 different account types called Silver, Gold and Platinum. Each account comes with different features and benefits such as access to swap discounts, webinars and videos, VPS services and more. Trading is commission-free with just spreads, swaps and other fees payable. The broker also provides access to Islamic swap-free accounts and a demo trading account.

With T1Markets, users can trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals from the MT4 Web Trader platform and mobile trading app. The broker also provides access to different articles, videos and trading courses and offers customer service Monday to Friday 7am to 5pm GMT.

Pros: Cons:
  • CySEC regulated.
  • 300+ markets to trade on.
  • Can trade on MT4 Web Trader and mobile app.
  • High overnight swap fees.

 

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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T1markets Main Features
☑️
Regulations
CySEC (Cyprus)
️🗺
Supported Languages
English, Spanish, German, Italian
💰
Products
Crypto, Currencies, Commodities, CFDs, Indices, Stocks
️💵
Min Deposit
$250
💹
Max Leverage
1:500 (CySEC)
🖥
Trading Desk Type
STP
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

T1markets Full Review

T1Markets Video Review

Investor Protection & Regulations

“T1Markets is a trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).”

T1Markets is a trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), as confirmed on the CySEC register below:

The broker provides further security of client funds by the following regulatory requirements:

  • Segregated client accounts from company funds.
  • Negative balance protection for retail clients.
  • Member of Investor Compensation Fund.
  • Firewalls and SSL software.
  • Strong data encryption.

Tradable Products

“T1Markets offers users the ability to trade on more than 300+ financial CFDs covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals.”

T1Markets offers users the ability to trade on more than 300+ financial CFDs covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals. Below is a list of just some of the available markets for trading:

Forex Cryptocurrency Commodities
EURUSD BTCUSD Brent Oil
GBPJPY ETHEUR Cocoa
NZDUSD XRPGBP Crude Oil
USDINR ETCUSD Corn
Indices Stocks Metals
ASX 200 Apple XAGUSD
DAX 30 BP XAUUSD
DOW 30 Sony Palladium
Volatility Index Microsoft Platinum

* Details regarding the available assets are taken from the T1Markets website and trading platform and are correct at the time of this review.

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

“T1Markets offers 3 account types called Silver, Gold and Platinum. The broker also provides access to Islamic swap-free accounts and demo trading accounts.”

T1Markets offers 3 account types called Silver, Gold and Platinum, as well as access to a demo trading account and Islamic swap-free account. Each account comes with different features and benefits, as shown below:

While retail traders are offered up to 30:1 leverage, professionally categorised clients can access up to 200:1 leverage on the Silver Account, 4001:1 leverage on the Gold Account and 500:1 leverage on the Platinum Account.

To open an account, users need to click the Sign-Up button on the broker’s homepage, users are asked for personal details such as name, email and password. The application form then consists of five steps. This includes more personal information, financial information, employment details and a trading questionnaire to test your knowledge.

As a regulated entity, the broker operates with standard KYC and AML regulatory requirements and, as such, users are required to provide proof of identity and proof of address documents for verification which can be done from the client portal area, as shown below:

From the client portal area, users can access a range of account features such as managing accounts, deposits and withdrawals and more. The broker does not accept clients from the USA, Asia, Africa and LATAM.

Deposit & Withdrawals options

“T1Markets offers the ability to deposit funds fee-free via credit/debit card, bank wire transfer and Klarna. Withdrawals are charged at 15 EUR if done by bank wire.”

T1Markets offers the ability to deposit funds fee-free via credit/debit card, bank transfer and Klarna. This can be done directly from the client portal area once logged in, as shown below:

Withdrawals can also be done directly from the client portal area and can only be withdrawn to accounts with the same name and beneficial owner.

Web & Desktop Trading Platforms

“T1Markets offers users the ability to trade on the MT4 Web Trader platform.”

The T1Markets MT4 Web Trader platform provides a range of different features. Some of these include:

  • No download required
  • 30 technical indicators
  • Multiple execution modes
  • Real-time quotes
  • Built-in platform support

A screenshot of the T1Markets MT4 Web Trader platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“T1Markets offers users the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for Android and iOS systems.”

T1Markets offers users the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for both Android and iOS systems. The app download links can be found on the broker’s website and in the Google PlayStore or Apple AppStore.

T1Markets MT4 Mobile App

  • Available on Android and iOS
  • View 9 different timeframes
  • Access technical analysis tools
  • View real-time prices
  • Trade on the go

The T1Markets MetaTrader 4 mobile trading app is covered in more detail in the video review.

Trading Features

“T1Markets does not provide any additional trading features beyond the features already available in the trading platform.”

T1Markets does not provide any additional trading features beyond the features already available in the trading platform.

Commissions & Spreads

“T1Markets offers commission-free trading with just spreads and swaps payable. Spreads start from 0.03 pips on the highest account tier. Swaps are higher than the industry average but discounts available.”

T1Markets offers commission-free trading with just spreads and swaps payable. The overnight swap rates are higher than the industry average but discounts are available. Swap values can only be found in the broker’s trading platform under the Specification tab of the instrument being traded, as the example of AUDUSD shows below:

Fortunately, the broker does provide some information regarding its spreads on its website. Some are listed below:

Forex

Indices

According to the broker’s legal documents, they will also charge a monthly inactivity fee of 160 EUR if no activity has taken place on a positive balance account for more than 61 days. This increases to 500 EUR if no activity has been made for over 271 days.

Bonus & Promotions

“In accordance with regulatory restrictions, T1Markets does not offer any bonuses or promotions.’’

Customer Support

“T1Markets offers customer support Monday to Friday 7am to 5pm GMT via email, contact form, telephone and live chat.”

T1Markets offers customer support Monday to Friday 7am to 5pm GMT via email, contact form, telephone and live chat. After logging into the live chat feature we were greeted by an agent in around 3 minutes, as shown below:

Contact Information:

  • Address: WorldTrade Center, 1st Floor 28th October Street 359 3107 Neapoli, Limassol, Cyprus
  • Email: support@T1Markets.com
  • Phone: +80040408888

Research

“T1Markets provides trader research in the form of News Articles in its Trading Blog and an Economic and Earnings Calendar. However, the articles are more education-based rather than providing live market analysis.’

T1Markets provides trader research in the form of News Articles in its Trading Blog and an Economic and Earnings Calendar on its website. The trading articles are more education-based rather than providing live market analysis.

Trader Education

“T1Markets provides access to Videos on Demand, Tutorials and Courses covering a broad range of topics.”

T1Markets provides access to Videos on Demand, Tutorials and Courses covering a broad range of topics. This includes MetaTrader tutorials and topics covering economics and other trading concepts. These can be found on the broker’s website under the Education tab, as shown below:

Trading Experience

“T1Markets provides a simple trading offering geared towards beginner traders to trade on more than 300+ CFD instruments on the MT4 Web Trader platform and mobile app.”

From our observations, T1Markets provides a simple trading offering that is mainly geared to beginner traders. Traders have access to trade commission-free on more than 300+ CFD instruments covering Forex, Indices, Stocks, Cryptos, Metals and Commodities on the MT4 Web Trader platform and mobile app.

Deposits are also fee-free, however, users holding trades overnight should be aware of the high swap fees to do so. Different levels of discounts are available depending on the account type opened. The broker also provides additional services depending on account status.

FAQ

Is T1Markets regulated?

Yes, by CySEC.

Where is T1Markets based?

T1Markets is based at WorldTrade Center, 1st Floor 28th October Street 359 3107 Neapoli, Limassol, Cyprus.

How does T1Markets make money?

T1Markets makes money mainly through spreads and swaps on certain asset classes.

How do I deposit in T1Markets account?

Funds can be deposited into a trading account via credit/debit card, bank transfer and Klarna.

What is the min. deposit for T1Markets?

The minimum deposit is 250 EUR.

How do I withdraw money from T1Markets?

Withdrawals can be made from T1Markets via credit/debit card and bank transfer.

What is the max leverage in T1Markets?

The maximum leverage offered by T1Markets is 30:1 for retail clients and 200:1 for professional clients.

How do I open an account with T1Markets?

An account can be opened at the click of a button on the T1Markets website and can be done in just a few steps.

Does T1Markets use MetaTrader?

Yes, MetaTrader 4 Web.

Conclusion

“T1Markets is a CySEC regulated broker offering to trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals on the MT4 Web Trader platform and mobile trading app.”

T1Markets is the trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker, due to regulatory requirements, offers segregated trading accounts and negative balance protection and up to 30:1 leverage for retail clients and up to 200:1 leverage for professional clients.

Users can choose from 3 different account types called Silver, Gold and Platinum. Each account comes with different features and benefits such as access to swap discounts, webinars and videos, VPS services and more. Trading is commission-free with just spreads, swaps and other fees payable. The broker also provides access to Islamic swap-free accounts and a demo trading account.

With T1Markets, users can trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals from the MT4 Web Trader platform and mobile trading app. The broker also provides access to different articles, videos and trading courses and offers customer service Monday to Friday 7am to 5pm GMT.

  • CySEC regulated.
  • 300+ CFDs to trade on.
  • Can trade on MetaTrader 4 Web.
  • Commission-free trading available.

 

broker

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

See T1markets Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Cyprus
Regulations
CySEC (Cyprus)
Publicly Traded
No
Number Of Employees
50-100
Trading Desk Type
STP
Trading platforms
MT4
Restricted Countries
United States, China, Turkey, Bahrain, Benin, Burkina Faso, Burundi, Cameroon, Chad, Colombia, Congo, Cote d'Ivoire, Djibouti, Egypt, Equatorial Guinea, Eritrea, Gabon, Ghana, Jordan, Kenya, North Korea, Iraq, South Korea, Kuwait, Kyrgyzstan, Laos, Rwanda, Liberia, Micronesia, Oman, Malaysia, Maldives, Mali, Mauritania, Mexico, Nepal, India, Niger, Nigeria, Peru, Qatar, Indonesia, Iran, Togo, Macao, Suriname, Sudan, Saudi Arabia, Yemen, Tunisia, Tanzania, Singapore, Angola, United Arab Emirates, Trinidad and Tobago, Tonga, Solomon Islands, Thailand, Mauritius, Argentina, Bangladesh, Timor-Leste, Turkmenistan, Seychelles, Uganda, Brunei, Cambodia, Central African Republic, Chile, Kiribati, Aruba, Libya, El Salvador, Syria, Ethiopia, Pakistan, Gambia, Sierra Leone, Taiwan, Uruguay, Israel, Senegal, Uzbekistan, Tajikistan, Vietnam, Zambia, Lebanon, Madagascar, Myanmar, Paraguay, Philippines, Hong Kong, Somalia, South Africa, South Sudan, Sri Lanka, Ecuador, Zimbabwe, Samoa, Algeria
Supported Languages
English, Spanish, German, Italian
Min Deposit
$250
Max Leverage
1:500 (CySEC)
Deposit Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller
Withdrawal Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller
Cryptocurrencies
Bitcoin Cash, Bitcoin Gold, Ethereum Classic, Bitcoin, Cardano, NEO, Litecoin, Qtum, siacoin, Zcash, Ripple, Monero, Stellar, Dash, Lisk, Ethereum, NEM, IOTA
Fixed Spreads
No
Commission On Trades
No
Products
Crypto, Currencies, Commodities, CFDs, Indices, Stocks
Mini Account
No
Premium Account
Yes
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
No
Institutional Account
No
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