What is N1CM?
N1CM is a forex and CFD broker based in Vanuatu, listed with a foundation year of 2018. It offers leverage up to 1:1000, spreads from 0.0 pips and a minimum deposit of $5. Clients trade on MetaTrader 5, iPhone & iPad Trader 5, Android Trader 5, MetaTrader 4, iPhone & iPad Trader 4, Android Trader 4, Web Trader and Moreminal, WebTrader and on mobile.
Number One Capital Markets Limited (N1CM) is a licensed and regulated CFD broker founded by devoted finance experts in the industry, serving its customers on a global scale in over 175 countries.
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N1CM: Key Facts
Why Number One Capital Markets
N1CM is a fully licensed and regulated global forex and CFD broker. Founded by a dedicated, veteran team of online finance professionals, the company has extensive experience offering innovative trading products and exceptional service and support.
Combining technological ingenuity and attentive, personal service, N1CM offers traders a superior trading experience, on one platform called Metatrader 4. Our cross-device capability means you can trade at your Office, home or on the go via desktop, laptop, mobile or tablet. Moreover, our highly trained, dedicated account managers are available 24 hours a day to provide you expert, Professional guidance in your language, whenever you need.
Whether you are a novice or professional trader, you gain access to our exclusive resource center, packed with valuable markets updates and educational materials designed to suit every level of trader. Take advantage of a video and e-book library and the latest financial updates news and analysis.
N1CM FAQ
Is N1CM a good broker?
Number One Capital Markets Limited (N1CM) is a licensed and regulated CFD broker founded by devoted finance experts in the industry, serving its customers on a global scale in over 175 countries.
What should traders know about N1CM?
N1CM is a fully licensed and regulated global forex and CFD broker. Combining technological ingenuity and attentive, personal service, N1CM offers traders a superior trading experience, on one platform called Metatrader 4.
Who is N1CM best for?
Founded by a dedicated, veteran team of online finance professionals, the company has extensive experience offering innovative trading products and exceptional service and support.
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Is N1CM safe and regulated?
N1CM is regulated by Regulated by Vanuatu Financial Services Commission (VFSC). 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 1:1000 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.
N1CM account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $5 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 | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
N1CM provides MetaTrader 5, iPhone & iPad Trader 5, Android Trader 5, MetaTrader 4, iPhone & iPad Trader 4, Android Trader 4, Web Trader and Moreminal, WebTrader, 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 1:1000 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
N1CM supports 12 funding methods, including Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller and more. Accounts can be held in 3 base currencies (USD, GBP, EUR), which helps you avoid conversion fees.
N1CM bonus: <p> 35% Forex Deposit Bonus</p>
How the promotion works
The current N1CM promotion is <p> 35% Forex Deposit Bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the N1CM 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.
N1CM pros and cons
Pros
- High leverage up to 1:1000
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 12 deposit methods including crypto
Cons
- Only offshore regulation (VFSC)
- No investor compensation scheme
- Very high leverage can magnify losses
How to open a N1CM account
- RegisterVisit the N1CM 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 Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $5 with Wire Transfer, Credit Card, Debit Card or another method.
- Start tradingLog in to MetaTrader 5, iPhone & iPad Trader 5, Android Trader 5, MetaTrader 4, iPhone & iPad Trader 4, Android Trader 4, Web Trader and Moreminal, WebTrader or the mobile app and set your risk per trade.
Is N1CM a good broker? Our verdict
N1CM 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.