T1Markets Review
Our review of T1Markets outlines everything you need to know about this new forex broker. The Cyprus-based company follows strict regulations and has complex fund protection measures to guarantee your trading safety.
Under a CySEC license, T1Markets gives you the option to trade 350+ CFD instruments and 30+ pairs of cryptocurrencies. Choose from three retail account types to get low spreads, dedicated account managers, insightful educational materials, a free demo account, access to award-winning MetaTrader 4 platforms, and much more.
Read our expert review below to find out if this new broker is right for you.
- Max Leverage: 1:30
- Spread:Variable
- Forex Licence:CySEC
Learn about T1Markets’ regulation and background
This T1Markets review discovered this forex brokerage began operations in 2020. Although it’s a new broker, it holds a reputable Cyprus Securities and Exchange Commission (CySEC) license and is a member of the Investor Compensation Fund (ICF). This trustworthy fund membership impressed our T1Markets team.
Despite not having a ECN trading platform, it still comes with sturdy and beneficial trading terms and conditions. CySEC enforces strict guidelines set by the European Union and frequently monitors T1Markets to ensure it doesn’t engage in fraudulent activities. This brokerage also has different customer safety features in place to protect your funds. These include:
- Negative balance protection of up to $20,000 per client.
- Account segregation
- Investor’s compensation fund (ICF)
These measures protect your account from unexpected losses and other financial risks. This shows that T1Markets operates in-line with the best forex brokers around.
What account types does T1Markets offer you?
This reputable brokerage offers different account options that cater for traders of all skill levels. Our T1Markets broker review team discovered you have the choice of three retail accounts that offer up to 1:30 leverage:
Silver Account:
- Minimum deposit: $250
- Spreads from 0.7 pips
- Number of trading instruments: 350+
- Minimum order size: 0.01 lots
- No Commission
- Hedging allowed
- Islamic account option
Gold Account:
- Minimum deposit: $250
- Spreads from 0.3 pips
- Number of trading instruments: 350+
- Minimum order size: 0.01 lots
- No Commission
- Hedging allowed
- Islamic account option
- Swap discount of 25%
- A free VPS
Platinum Account:
- Minimum deposit: $250
- Spreads from 0.03
- Number of trading instruments: 350+
- Minimum order size: 0.01 lots
- No Commission
- Hedging allowed
- Islamic account option
- Swap discount of 50%
- A free VPS
If you want to create a Professional account at T1Markets, you need to have a trading account of at least €500,000 in size, experience in a financial sector of at least one year, and at least ten positions per quarter for the last four quarters. As we have discovered during our review of T1Markets forex broker, meeting these requirements will bring you even high leverage rates of up to 1:500, lower spreads, and faster execution speeds.
You can use a variety of different payment methods to make a deposit these include bank wire, credit cards (Visa, Mastercard, Maestro), Skrill, Neteller, SafeCharge, MIR Limited, Wirecard, Decta, Payvision, Orangepay, eMerchantPay, Trustly, and Paysafe.
T1Markets is an STP broker, which means it processes deposits instantly. However, it could take up to five business days to receive your withdrawals.
Trade with top-rated platforms
Our T1Markets review shows that there are 350+ financial instruments available on the platform. These include:
- Currency pairs
- 30+ Cryptocurrency pairs
- Commodities
- Indices
- Stocks
- Metals
Along with impressive trading terms and conditions T1Markets gives you access to award-winning software:
- WebTrader – T1Markets’ WebTrader is a browser-based version of MetaTrader 4. It comes with over 30 technical indicators, drawing tools, and various execution modes. You can also download third-party trading signals and incorporate them into the platform.
- Mobile Trader – With T1Markets’ Mobile Trader, you can trade all available financial products on the go. Our T1Markets broker review team found that the mobile app offers the same functionality as the browser-based version and you can download this platform on both iOS and Android devices.
Are there any bonuses at T1Markets?
Some forex brokers offer various bonus promotions. However, our T1Markets review found this brokerage doesn’t offer these types of deals. This is due to strict restrictions imposed by the CySEC. Instead, T1Markets focuses on providing you with impressive commission levels, quality training materials, and free demo accounts to help you hone your trading skills without risk.
Quality customer support
You can contact T1Markets customer support Monday to Friday, from 8:00 to 18:00 GMT, via three different methods on your mobile or desktop device:
- Live chat on the website
- Email support: [email protected]
- Mobile call: +80040408888
Our T1Markets review team tested the broker’s customer service department on varied occasions and found each agent friendly, professional and willing to help.
Final T1Markets verdict – Should you trade with this broker?
T1Markets is a Cyprus-based forex broker that operates across various financial markets. While conducting our review, we discovered it offers you beneficial trading terms and conditions.
With T1Markets, you can trade 350+ different instruments, increase your trading positions with high leverage, and pay low commission rates. Our expert review team also found that T1Markets has ultra-fast execution speeds and insightful research tools. This, combined with its CySEC license and fund protection mechanisms, means that this brokerage provides you with high-quality service that’s secure.
If this trustworthy broker sounds like a perfect match for your needs, you’ll be glad to hear that the registration process is quick and simple.
Company | T1Markets |
Website | https://www.t1markets.com/ |
Headquarters | 359, 28th October Street, Neaopolis, WTC Cyprus -Trust Re Building, 1st Floor, 3107 Limassol |
Established | 2020 |
Languages | 7 |
Deposit Methods | Bank wire, credit cards (Visa, Mastercard, Maestro), Skrill, Neteller, SafeCharge, MIR Limited, Wirecard, Decta, Payvision, Orangepay, eMerchantPay, Trustly, and Paysafe |
Frequently Asked Questions (FAQs)
Can I trust T1Markets?
Yes, our review of T1Markets shows that this is a trustworthy forex broker because it has a top-notch financial license from the Cyprus Securities and Exchange Commission (CySEC). This ensures that the broker follows strict financial guidelines set by the EU. T1Markets also guards your trades against unexpected market movements by offering you negative balance protection of up to €20,000.
Can I trade crypto at T1Markets?
T1Markets gives you 30+ cryptocurrency CFD pairs to choose from. These include Bitcoin, Litecoin, Etherum and many more. The trading conditions for these digital instruments impressed our T1Markets review team as they have no fixed commissions, low spreads, and 1:2 maximum leverage. Also, it is easy for you to keep track of the forex market with MetaTrader’s signals.
How do I open a T1Markets account?
Creating a trading account at T1Markets is a quick and simple process. Click the ‘Sign Up’ button to head to the registration page and enter your account information, such as your email address and preferred password. Continue by providing personal details, proof of identity and address to this forex broker. Once the customer support team verifies your account (they aim to do this within one business day), you can start trading.
Is T1Markets a scam?
No, in fact it holds a trustworthy financial license from the Cyprus Securities and Exchange Commission (CySEC). This means T1Markets operates under strict guidelines imposed by the MiFID and ESMA directives to guarantee your safety when trading online.
How do I get a professional account at T1Markets?
In order to get a professional account at T1Markets, you need to apply for it directly from the website. You also need to meet the following requirements:
- At least 500,000 EUR on your trading portfolio
- At least 1 year of experience in finances
- At least 10 trades per quarter for the last four quarters