Find out if T1Markets is right for you with our expert review of this regulated broker. Learn about its low spreads, award-winning trading platforms, and competitive commission rates before you open an account to trade 350+ instruments. These include CFDs on forex, commodities, metals and indices.
T1Markets’ 30+ cryptocurrency pairs make it one of the best forex brokers for crypto trading. The brokerage’s CySEC license and ICF membership ensure your trading safety, and its collection of insightful training materials help you make savvy investments. Continue reading to find out about its varied account types that offer you demo accounts, dedicated account managers and much more.
T1Markets regulation and background
Our T1Markets review team discovered this brokerage started operations in 2020, and works under regulations set by the Cyprus Securities and Exchange Commission (CySEC). The reputable CySEC license guarantees T1Markets is one of the most trustworthy brokers around. The brokerage is also a member of the Investor Compensation Fund. This membership provides a negative balance protection of up to €20,000 per client and stores all client funds in segregated accounts.
The broker provides you with 350+ financial assets. These include:
- Currency pairs
- Website: www.t1markets.com
- Support: +80040408888
- Leverage: 1:30 (retail) up to 1:500 (pro)
- Min. Deposit: $250
- Spreads: variable
- CySEC license
- 350+ instruments
- 3 fund protection methods
- low commissions
- Inactivity fee
- Limited research capabilities
T1Markets account types and trading conditions
This brokerage makes opening an account quick and straightforward. Our expert review of T1Markets discovered each account gives you access to MetaTrader 4, a free demo account to hone your skills without risk, access to training materials for all levels, and the option to use it as an Islamic account. Gold and Platinum also provide you with a free VPS to make automated trades. You can choose from the following three retail options when making a minimum deposit of $250:
- Silver – spreads from 0.7 pips and allow hedging.
- Gold – spreads from 0.05 pips and a swap discount of 25%.
- Platinum – spreads from 0.03 pips and a swap discount of 50%.
If you are an experienced trader, you can open a professional account. To do this, you need to have a portfolio worth at least €500,000 and have placed 10 trades per quarter for the last year. If you qualify for these requirements, you can enjoy leverage of up to 1:500.
How to fund your account
T1Markets accepts many payment options. You can deposit and withdraw funds via bank wire, credit cards (Visa, Mastercard, Maestro), Skrill, Neteller, SafeCharge, MIR Limited, Wirecard, Decta, Payvision, Orangepay, eMerchantPay, Trustly, and Paysafe.
The review found T1Markets processes deposits immediately and without fees. However, withdrawals can take up to five business days, but are still completely free of charge.
T1Markets mobile and desktop trading platforms
T1Markets gives you two impressive platforms to trade any of its impressive range of financial assets. WebTrader and MobileTrader sync together to allow you to jump between these award-winning platforms when making investments.
- WebTrader – A web-based version of the popular MetaTrader 4 trading platform. WebTrader gives you access to over 30 technical indicators, around 10 different execution modes, and customizable charting tool to help you spot trends when trading with T1Markets.
- MobileTrader – This mobile app version of MetaTrader 4 works smoothly on iOS or Android devices. Featuring all the same features as WebTrader, this software lets you trade on the go.
Our T1Markets review team assures you that these trading platforms are extremely popular amongst the best forex brokers. Also, this brokerage lets you use this software to carry out scalping.
T1Markets education and research materials
T1Markets offers insightful educational materials that cater for all learning types and levels. These include:
- The latest trading articles
- Videos on demand (VOD)
- Online courses
The array of quality learning resources available on desktop and mobile devices made an impression on our T1Markets review team. Although they cover advanced topics, the broker has mainly focused on providing quality learning resources for beginner traders. Alongside this, the broker provides economic and report season calendars. This shows that T1Markets wants to help you make the right decisions by keeping you up to date with the latest trends.
Customer support at T1Markets
Our T1Markets review team found you can contact its customer support team Monday to Friday, from 8:00 to 18:00 GMT, in three ways:
- Email: [email protected]
- Mobile: +80040408888
- Live chat directly from the website
We contacted the T1Markets customer support department via these channels at varied times to test the quality of service. The professionalism, quick response time, and helpful manner in how they answered our queries impressed our expert review team. Although they don’t provide you with FAQs, their variety of educational materials aim to help you answer questions you have on trading.
T1Markets – Our final verdict
So, what’s our verdict on T1Markets? Our review found this forex broker offers you the chance to trade 350+ individual assets and 30+ cryptocurrency pairs, and adheres to strict regulations imposed by CySEC. This, along with Its ICF membership, guarantees peace of mind when making investments.
The broker’s top-rated trading platforms, great customer support, insightful training materials, and quick registering process make T1Markets an excellent choice for beginner traders. We recommend you open a silver account with this reputable broker to start trading today.
Frequently Asked Questions (FAQs)
How can I sign up for T1Markets?
Our T1Markets review found that In order to create an account, you need to provide your personal details and documents. Use your email address and password to create your account and fill in your personal information. Next, upload a photocopy of your ID (This can be a national ID, passport or driving license) to verify your identity. As soon as T1Markets verifies your information, you can start trading.
What products can I trade with T1Markets?
T1Markets offers you 350+ different financial assets, including CFDs on currency pairs, cryptocurrencies, commodities, indices, stocks, and metals. You can trade these products quickly using industry-leading trading platforms on your mobile or desktop device.
Is T1Markets safe?
Yes, we assure you that T1Markets is a safe brokerage. It boasts an excellent license from the CySEC and multiple fund protection mechanisms. T1Markets also provides you with quality training materials and financial calendars to help you make wise decisions when investing.
How much money do I need to trade with T1Markets?
The minimum deposit requirement for creating a retail account at T1Markets is $250. Each account comes with varied benefits such as a dedicated account manager, a demo account, first-rate training materials and more. If you want to open a professional account, you need to have a portfolio worth at least €500,000. These experienced trader accounts give you leverages up to 1:500.
Does T1Markets charge commission fees?
No, T1Markets does not place additional commissions on your trades. However, they do charge spread and swap fees, but these are very competitive. Spreads are variable, and you will receive swap fee discounts if you open a Gold or Platinum account.