T1Markets Review

CFD Broker

  • Regulated broker
  • Free demo account
  • Education materials
  • Chargeable inactivity fees
  • Tough learning curve

Overview

CHAPTER 1

Introduction

CHAPTER 2

How T1Markets works

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CHAPTER 3

How to sign up with T1Markets

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CHAPTER 4

Features and functions

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CHAPTER 5

Conclusion

CHAPTER 1

Introduction


Are you curious whether T1Markets is a good CFD broker that you can trust? Read through our expert review and learn about what CFD trading is and this broker’s features before you can open an account and get access to over 350 Forex, CFD, Metal, commodities, and related trading instruments.

T1Markets is the business name for General Capital Brokers Ltd. The broking sector’s relatively new entrant is licensed and authorized by the Cyprus Securities and Exchange Commission (CySEC). The broker offers a highly interactive trading platform that gives users access to thousands of markets. Their fresh approach of providing research and offering exclusive ideas to clients is already making it a go-to broker among leading market players.

T1Markets protects users’ money by offering negative balance protection, segregated accounts, and up to 30:1 leverage for its retail users, and a maximum of 500:1 for expert traders. The greatest guarantee to the firm’s strength and security is the licensing by globally-acclaimed regulator CySEC.

The broker operates a MetaTrader4 based platform that gives users access to cryptocurrency, forex, commodity, stocks, indices, and precious metal CFDs. With CFDs, traders make money (or losses) by speculating on the price movements of different kinds of assets. Traders can pick from 3 different types of accounts, namely Silver, Gold, and Platinum. Every account has its peculiar features and benefits. No commissions are charged on trading with fees only payable on swaps and spreads apart from the swap-free Islamic and demo trading accounts.

CHAPTER 2

How T1Markets works


T1markets Contract for Difference (CFD) trading involves speculating on various financial markets without owning the underlying asset. When you make a trade, you commit to exchange an asset’s price difference from the time it opens until it closes.

You speculate on an asset’s price movement upwards or downwards and profit or lose based on how correct your forecast will be. You can copy an old-fashioned trade where people make profits only when the market gains or opt for a CFD position that will profit when your preferred asset’s value drops in price. That tactic is called buying short instead of buying long.

For instance, if you believe “XYZ” shares will fall in price, you could select selling a share CFD for “XYZ” Company. You could still exchange the price difference between your opening positions. You’ll still exchange the difference in price between your opening and closing positions, but you’ll make a profit the moment the shares drop in price and make a loss if the opposite happens and the shares increase in price.

Making Deposits and Withdrawals

Users can deposit funds into their T1Markets accounts without charges through debit/credit cards, via bank transfers, or Klarna. However, withdrawals done via bank transfer incur a 15 EUR charge. Users can make withdrawals after logging into their client portal area; you can only withdraw funds to an account that bears the same name as the account owners.

CHAPTER 3

How to sign up with T1Markets


At T1Markets, users can choose from three main different account types: Silver, Gold, and Platinum, in addition to the demo and Islamic swap-free accounts. If you’re a retail trader, there’s the potential of making a 30:1 leverage, while expert traders have access to up to 200:1 leverage if they choose the Silver account. The holders of the Gold account have access to a 400:1 leverage while the Platinum account holders are allowed a 500:1leverage.

Opening a trading account has never been easier than this. Once you access the T1Markets homepage, you’ll be required to fill in your personal details, including your name, email address, and then you create a password. There are five simple steps in the application form: personal details, financial details, and employment information. Last but not least is a trading knowledge questionnaire to gauge your awareness levels.

Since T1Markets is a regulated company, it adheres to the standard AML/KYC requirements. As a potential user, you’ll be needed to provide personal information like proof of address and proof of identity for verification before you can be allowed access to your client portal area.

Once you’re allowed to access the client portal area, you’ll be able to utilize the different account features that enable you to personalize and manage your account, make deposits and withdrawals, etc. Take note, though, that users from the United States, Asia, and Africa aren’t allowed to trade.

CHAPTER 4

Features and functions


Traders using the T1Markets CFD platform have access to a huge market base that offers the following assets:

  1. Over 45 Forex CFDs
  2. Over 30 cryptocurrency CFDs
  3. Over 20 commodity CFDs
  4. Over 20 Indices CFDs
  5. Over 45 stock trade CFDs
  6. Several metal trade CFDs that include platinum, gold, and silver

Other significant benefits associated with this broker include:

Variety of markets: More than 350 CFD trading instruments from at least 10,000 markets. As a trader, you get connected to numerous global markets meaning that you can try different trading strategies.

Financial education. You don’t have to worry if you’re new to the world of CFD trading. You’ll be a significant beneficiary of the enriching education section. There are materials that teach everything you need to know about trading and its attendant risks, opportunities, and trade tactics.

500x leverage: Expert traders can take advantage of the 500x leverage that’s available in select markets.

A Practice account: New traders can avail of the practice account to learn the basics before venturing into actual trading.

Customer support: If you have any challenges, you can easily contact the T1Markets support team through email, telephone, or live chat. You can also use the “Contact Us” form on their website from Monday to Friday, beginning at 7:00 am to 5:00 pm GMT.

CHAPTER 5

Conclusion


Having taken you through this brief journey, we’re ready to give you our verdict. A regulated CDF broker that avails over 350 trading instruments and over 30 cryptocurrency CFD pairs is one that you can trust. When you think that it also includes ICF membership that guarantees a refund should the broker do anything unlawful, you can safely make your investment through them.

T1Markets’ insightful training materials, upbeat customer care, and fast registration process make the broker a perfect choice for newbies and professional traders.

Frequently Asked Questions

Is your question not answered here? Let us know!

You can choose from over 350 financial assets. They include cryptocurrencies, stocks, indices, and metals CFDs against several currency pairs.

The safety of your funds is guaranteed at T1Markets. The excellent licensing is your assurance that you can trust the broker.

You only need a minimum of $250 to start trading. You can always try your skills on the practice account before you plough in your money.

Screenshots of T1Markets

Pros and Cons with T1Markets

  • Regulated broker
  • Free demo account
  • Education materials
  • Chargeable inactivity fees
  • Tough learning curve

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