What is 1Market?
1Market is a forex and CFD broker based in Cyprus, listed with a foundation year of 2021. It offers leverage up to 1:500, spreads from 0.0 pips and a minimum deposit of $250. Clients trade on MetaTrader5, WebTrader, Android, iOS, MAC, and Windows and on mobile.
1Market is an online trading broker based on the MetaTrader5 platform. This is a webtrader along with software available for android, iOS, Windows, and MAC. This means 1Market can be operated from both computers and cell phones. Any person who is at least adult age can trade with 1Market.
This has six types of accounts. Clients can choose what they need. Having more categories of accounts, clients can choose wisely within their budget. Mini, Standard, Gold, Diamond, Platinum, and VIP are those six types of accounts on the 1Market. Each category of accounts needs various levels of the minimum amount of deposit and other services.
This broker provides a very good CFD service compared to other brokers. They have over 600 CFDs to provide their clients. They also provide a very reliable and good money management system. This broker prioritizes clients’ privacy and security to their funds. As this broker is regulated by Cyprus Securities and Exchange Commission(CySEC), this can be considered a reliable broker as it has top-tier regulations. This broker also has a high level of insights which is most unlikely to get anywhere else. This broker also has the right tools to do the job of trading. This makes itself a trader-friendly broker.
This broker also has very good customer support. Their customer service is open 24 hours a day and 5 days a week. Their customer service employees can speak 11 languages, which makes it easy for their clients to communicate with and get help from the broker.
Is 1Market safe and regulated?
1Market is regulated by This broker is regulated in Cyprus. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Offshore regulation is also the reason the broker can offer leverage up to 1:500 and trading promotions, which tier-1 regulators restrict for retail clients.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
1Market account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
1Market provides MetaTrader5, WebTrader, Android, iOS, MAC, and Windows, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:500 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
1Market supports 7 funding methods, including Visa, MasterCard, Bank Transfers, Paysafecard, Neteller, Skrill and more. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
1Market bonus: <p>Currently, there is no welcome bonus they are providing</p>
How the promotion works
The current 1Market promotion is <p>Currently, there is no welcome bonus they are providing</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the 1Market website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
1Market pros and cons
Pros
- High leverage up to 1:500
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
- 7 deposit methods
Cons
- Only offshore regulation
- No investor compensation scheme
- $250 minimum deposit is higher than some rivals
- No Islamic account listed
How to open a 1Market account
- RegisterVisit the 1Market website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Visa, MasterCard, Bank Transfers or another method.
- Start tradingLog in to MetaTrader5, WebTrader, Android, iOS, MAC, and Windows or the mobile app and set your risk per trade.
Is 1Market a good broker? Our verdict
1Market suits active traders who want high leverage, raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.