Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.

Popularity popular broker
Leverage 1:500
Minimum Deposit $10
Regulation VFSC
Payment Methods Credit Card, Bank Transfer, Neteller, Skrill
Trading Assets Forex, Commodities, Indices, Stocks, Cryptocurrencies
Spreads Low
Average cost: EUR/USD 1.2 pips
Demo Account
Islamic Account
Copy Trading
Scalping Yes
EAs/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Inactivity Fee Yes, after 12 months
Year Established 2016
Address Port Vila, Vanuatu
Contact Information Email: [email protected], Phone: +44 203 966 4505
Mobile Trading APP Not Available
Rating ★★★★☆ 4.6

Pros and Cons

  • Competitive spreads and low trading costs
  • Access to MT4 platform
  • No deposit and withdrawal fees
  • Offers Islamic and demo accounts
  • Negative balance protection for clients
  • Limited regulatory oversight
  • No MT5 platform
  • Inactivity fee after 12 months
  • Limited educational resources
  • Not available in some countries


N1CM, short for Number One Capital Markets, is a brokerage firm that offers a wide array of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies.

Established with a vision to provide traders with a reliable, technologically advanced, and user-friendly trading environment, the company has grown to serve clients globally.

In the world of online trading, finding a broker that aligns with your financial goals, experience level, and trading style is crucial.

Number One Capital Markets (N1CM) stands out as a broker that caters to a wide range of traders, from beginners to seasoned investors.

This review takes an in-depth look at the broker, examining its offerings, platform, regulatory compliance, customer support, and overall trading experience.

Open a free account

Key Features:

  • Wide Range of Trading Instruments: From major forex pairs to exotic commodities, N1CM offers a diverse portfolio of trading options.
  • Advanced Trading Platforms: Access to MetaTrader 4 (MT4), known for its analytical tools and automated trading capabilities.
  • Competitive Spreads and Low Trading Costs: The broker is committed to providing traders with tight spreads and low commission rates.
  • Regulated Broker: Compliance with international financial regulations ensures a secure trading environment for clients.
  • Customer Support: Dedicated support team available 24/5 to assist with trading-related queries and account issues.

Trading Platform and Technology

MetaTrader 4

Their choice of MetaTrader 4 as its primary trading platform underscores the broker’s commitment to quality and reliability.

MT4 is renowned for its robust features, including:

  • Advanced Charting Tools: Comprehensive charting capabilities allow traders to analyze market trends and make informed decisions.
  • Automated Trading: The platform supports Expert Advisors (EA), enabling traders to automate their trading strategies.
  • Customizable Interface: Traders can tailor the platform to their needs, enhancing their trading experience.

Mobile Trading

While N1CM does not offer its proprietary mobile app, the availability of MT4 mobile apps ensures that traders can access their accounts and trade on the go.

The MT4 mobile app is compatible with both iOS and Android devices, featuring:

  • Real-time Quotes: Stay updated with live pricing of financial instruments.
  • Interactive Charts: Perform technical analysis directly from your mobile device.
  • Trading History: Access your complete trading history to analyze past performance.

Account Types

N1CM caters to a diverse clientele by offering various account types, each designed to meet different trading needs and preferences:

  • Standard Account: Ideal for beginners, offering access to all trading instruments with a low minimum deposit requirement.
  • Islamic Account: A swap-free option that complies with Sharia law, suitable for Muslim traders.
  • Demo Account: A risk-free option for beginners to practice trading strategies or for seasoned traders to test new techniques.
Open a demo account

Regulation and Security

The company operates under the regulation of the Vanuatu Financial Services Commission (VFSC), ensuring a high standard of accountability and transparency.

The regulatory framework provides traders with peace of mind, knowing their investments are handled with integrity.

Security features include:

  • Segregated Accounts: Clients’ funds are kept in separate accounts from the company’s funds, providing an additional layer of protection.
  • SSL Encryption: Their website and trading platforms are secured with SSL encryption, safeguarding personal and financial information.

Customer Support

The broker prides itself on offering responsive and knowledgeable customer support.

Traders can reach out to the support team via:

  • Live Chat: For instant assistance during trading hours.
  • Email: For detailed inquiries and account-related questions.
  • Phone Support: Direct line to speak with a customer service representative for time-sensitive matters.

The support team’s proficiency in multiple languages makes it accessible to a global audience.

Deposits and Withdrawals

N1CM offers a lot of payment methods for deposits and withdrawals, catering to the convenience of its clients:

  • Credit/Debit Cards
  • Bank Wire Transfer
  • E-Wallets: Including Neteller and Skrill

Withdrawal requests are processed promptly, with them striving to complete transactions within the same day or the next business day.

Importantly, the broker maintains a transparent fee structure, with no hidden charges on deposits or withdrawals.

Educational Resources and Support

One of the pillars of a good broker is the support and educational resources it provides to its clients, especially those new to trading.

N1CM understands the importance of education in trading and offers a range of resources aimed at enhancing the knowledge and skills of its traders.

Available Resources:

  • Webinars and Seminars: Periodic sessions that cover various trading topics, from basic concepts to advanced strategies.
  • E-books and Articles: A collection of written materials that offer insights into the financial markets and trading techniques.
  • Video Tutorials: Visual learning aids that guide users through the platform’s features, market analysis, and trading strategies.

While their educational offerings are beneficial, especially for novice traders, they might not be as extensive as those provided by some industry giants.

However, the quality of the materials is substantial enough to give beginners a solid foundation in the world of online trading.

Trading Strategies and Tools

N1CM equips traders with the tools and features necessary to implement a wide range of trading strategies.

The availability of MT4 plays a crucial role in this, given the platform’s advanced charting capabilities, technical indicators, and automated trading options through Expert Advisors (EA).

Highlighted Tools and Features:

  • Expert Advisors (EA): Automate trading strategies to capitalize on market opportunities 24/5.
  • Technical Indicators: Over 50 built-in indicators for comprehensive market analysis.
  • Custom Indicators and Tools: The ability to introduce custom tools and indicators for personalized analysis.

Traders aiming to employ scalping, day trading, swing trading, or even long-term investment strategies will find the platform conducive to their needs.

The broker’s policy on scalping and hedging is liberal, allowing traders to explore various methodologies to find what best suits their trading style.

Market Analysis and Insights

Access to timely and accurate market analysis is crucial for making informed trading decisions.

N1CM provides its clients with:

  • Market News and Updates: Stay informed with the latest developments in the financial markets.
  • Economic Calendar: Track important economic events that could impact market volatility.
  • Daily and Weekly Analysis: Expert insights into market trends and potential trading opportunities.

These resources are invaluable for traders who rely on fundamental and technical analysis to guide their trading decisions.

Trading Experience

The trading experience with N1CM is tailored to accommodate both novice and experienced traders.

Features that enhance the trading experience include:

  • Competitive Spreads: Their offers low spreads, reducing trading costs and maximizing profitability.
  • Leverage: Flexible leverage options allow traders to amplify their trading positions, increasing potential returns.
  • Educational Resources: Although not as extensive as some competitors, N1CM provides essential educational materials to support traders’ growth and development.


N1CM stands as a compelling choice for traders seeking a broker that combines technological sophistication with a commitment to client satisfaction.

Its regulatory compliance, diverse account types, and competitive trading conditions position the company as a reputable broker in the online trading community.

Prospective and existing traders alike will find their offerings conducive to a productive trading environment, supported by a broker that values transparency, security, and customer support.

Whether you’re stepping into the trading world for the first time or looking to diversify your trading portfolio, N1CM merits consideration as your broker of choice.

Visit official website: www.n1cm.com

User Reviews

“I’ve been trading with N1CM for over a year now, and I must say their platform is straightforward to use, especially for beginners. The spreads are low, which is great for my trading strategy. Customer support was very helpful when I had issues with my account verification. However, I wish they offered more educational resources for advanced trading strategies.”
Emma Watson
“As a seasoned trader, I find their platform reliable and efficient. The execution speeds are impressive, and I appreciate the negative balance protection feature. Their lack of deposit and withdrawal fees is a significant plus. On the downside, the absence of the MT5 platform limits my analysis tools and trading robots.”
James Carter
“N1CM has been my go-to broker for forex and commodities trading. The registration process was seamless, and getting started was pretty straightforward. Their spreads on major pairs are competitive, but I hope they introduce more cryptocurrencies to their asset list. The mobile trading experience could be improved, as I found it a bit clunky compared to other platforms.”
Sophia Lee
“I opened an Islamic account with N1CM, and it’s been a smooth experience. They respect the principles of Islamic finance, which is important to me. The customer service team is always ready to help and very knowledgeable. My only gripe is the inactivity fee, as I don’t trade regularly.”
Liam Johnson
“The demo account helped me understand forex trading without risking real money. After moving to a live account, I found their spreads to be among the best. However, the educational section is lacking for someone looking to advance beyond beginner-level knowledge.”
Olivia Martinez

Frequently Asked Questions (FAQ)

What is the minimum deposit required to open an account?

The minimum deposit required to open an account is $10, making it accessible for traders of all levels.

Does N1CM offer a demo account?

Yes, the company offers a demo account for traders to practice their trading strategies without risking real money.

Are there any fees for deposits and withdrawals?

N1CM does not charge any fees for deposits or withdrawals, providing a cost-effective solution for traders.

What trading platforms does the broker support?

N1CM supports the widely used MetaTrader 4 (MT4) platform, known for its user-friendly interface and powerful trading tools.

Is it regulated?

N1CM is regulated by the VFSC, ensuring a secure and transparent trading environment for its clients.

Can I trade cryptocurrencies with N1CM?

Yes, N1CM offers trading on a variety of cryptocurrencies, alongside forex, commodities, indices, and stocks.

Does it offer Islamic accounts?

Yes, N1CM offers Islamic accounts that comply with Sharia law, catering to Muslim traders.


Our experts

This article has been written, edited and reviewed by the following members of our team:


Feng Zhou

Feng Zhou, a seasoned author and financial expert, boasts a diverse portfolio of articles recognized by prestigious publications such as Bloomberg, Global Asia, and BizLeaders. Graduating from the University of Hong Kong marked the inception of Mr. Zhou's journey into the financial sector. Initially delving into financial statement audits for both publicly traded and privately held clients, he honed his skills before furthering his education at Hong Kong Polytechnic University. During his tenure, Feng Zhou contributed significantly to the valuation of privately held businesses, engaged in forensic accounting, and provided litigation-related services. His professional trajectory also includes valuable experience at Nezu Asia Capital Management, a prominent hedge fund giant. Demonstrating entrepreneurial spirit, Feng Zhou founded a financial asset management company and frequently shares his expertise as a guest lecturer at various Chinese MBA programs. His prolific writing extends beyond traditional platforms, with articles featured in a range of industry events and publications, including FoxTrade, The MoneyShow, London Summit, and iFX EXPO. With a keen eye for market trends and a wealth of experience, Feng Zhou continues to be a prominent voice in the financial landscape.


Sandro Pontedra

Sandro Pontedra is the mastermind behind the insightful financial analysis and educational content that FoxTrade readers have come to rely on. With a rich academic background from Università di Bologna and the University of Milan, Sandro has built a career that spans across private wealth management and financial analysis, culminating in his role as Chief Accounting Officer for a prominent firm. An avid trader with over a decade of experience in the markets, Sandro combines his hands-on trading knowledge with a keen analytical mind, offering FoxTrade readers a unique blend of practical advice and in-depth market insights. His work, recognized by major financial publications, reflects his passion for finance and commitment to demystifying complex financial concepts. Sandro is dedicated to empowering readers with the knowledge and tools needed to navigate the financial markets confidently. Whether you're a seasoned investor or new to trading, his articles provide valuable insights into investment strategies, market analysis, and the future of finance and technology.


Stephane Dubois

Stephane Dubois stands at the forefront of financial analysis and industry expertise, driving innovation and insight across global markets. With a diverse academic background in International Relations and World Economy, coupled with practical experience spanning government projects and private sector endeavors across five continents, Stephane brings a wealth of knowledge and perspective to his role. As a senior editor at FoxTrade, Stephane oversees the publication of insightful content, ensuring that readers receive accurate and timely analysis to navigate the complexities of the financial world. His leadership and editorial guidance have been instrumental in shaping the platform into a trusted source of information for investors and traders alike. Beyond his editorial responsibilities, Stephane is revered as a leading analyst in the online broker industry. His insights have been instrumental in shaping strategies and decision-making for executives worldwide. Stephane's expertise isn't confined to the boardroom; he is also an esteemed business school professor, with an MBA from Columbia University and prior experience at Goldman Sachs. Stephane's impact extends beyond the confines of academia and corporate settings. He has spoken and moderated panels at prestigious events globally, earning citations from esteemed publications such as Finance Monthly, The Journal of Finance, and Financial Analysts Journal. His contributions to industry discussions cover a wide array of topics, from forex strategies to stock market catalysts, earning him recognition as a thought leader in the financial world.

Last update:July 15, 2024