“T1Markets is a CySEC regulated broker offering to trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals on the MT4 Web Trader platform and mobile trading app.”
T1Markets is the trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker, due to regulatory requirements, offers segregated trading accounts and negative balance protection and up to 30:1 leverage for retail clients and up to 200:1 leverage for professional clients.
Users can choose from 3 different account types called Silver, Gold and Platinum. Each account comes with different features and benefits such as access to swap discounts, webinars and videos, VPS services and more. Trading is commission-free with just spreads, swaps and other fees payable. The broker also provides access to Islamic swap-free accounts and a demo trading account.
With T1Markets, users can trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals from the MT4 Web Trader platform and mobile trading app. The broker also provides access to different articles, videos and trading courses and offers customer service Monday to Friday 7am to 5pm GMT.
Pros: | Cons: |
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☑️ Regulations | CySEC (Cyprus) |
🗺 Supported Languages | English, German, Italian, Spanish |
💰 Products | Crypto, Currencies, Indices, Commodities, Stocks |
💵 Min Deposit | $250 |
💹 Max Leverage | 1:500 (CySEC) |
🖥 Trading Desk Type | STP |
📊 Trading Platforms | MT4 |
💳 Deposit Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
💳 Withdrawal Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
🤴 Demo Account | Yes |
🗓 Foundation Year | |
🌎 Headquarters Country | Cyprus |
“T1Markets is a trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).”
T1Markets is a trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), as confirmed on the CySEC register below:
The broker provides further security of client funds by the following regulatory requirements:
“T1Markets offers users the ability to trade on more than 300+ financial CFDs covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals.”
T1Markets offers users the ability to trade on more than 300+ financial CFDs covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals. Below is a list of just some of the available markets for trading:
Forex | Cryptocurrency | Commodities |
EURUSD | BTCUSD | Brent Oil |
GBPJPY | ETHEUR | Cocoa |
NZDUSD | XRPGBP | Crude Oil |
USDINR | ETCUSD | Corn |
Indices | Stocks | Metals |
ASX 200 | Apple | XAGUSD |
DAX 30 | BP | XAUUSD |
DOW 30 | Sony | Palladium |
Volatility Index | Microsoft | Platinum |
* Details regarding the available assets are taken from the T1Markets website and trading platform and are correct at the time of this review.
Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.
“T1Markets offers 3 account types called Silver, Gold and Platinum. The broker also provides access to Islamic swap-free accounts and demo trading accounts.”
T1Markets offers 3 account types called Silver, Gold and Platinum, as well as access to a demo trading account and Islamic swap-free account. Each account comes with different features and benefits, as shown below:
While retail traders are offered up to 30:1 leverage, professionally categorised clients can access up to 200:1 leverage on the Silver Account, 4001:1 leverage on the Gold Account and 500:1 leverage on the Platinum Account.
To open an account, users need to click the Sign-Up button on the broker’s homepage, users are asked for personal details such as name, email and password. The application form then consists of five steps. This includes more personal information, financial information, employment details and a trading questionnaire to test your knowledge.
As a regulated entity, the broker operates with standard KYC and AML regulatory requirements and, as such, users are required to provide proof of identity and proof of address documents for verification which can be done from the client portal area, as shown below:
From the client portal area, users can access a range of account features such as managing accounts, deposits and withdrawals and more. The broker does not accept clients from the USA, Asia, Africa and LATAM.
“T1Markets offers the ability to deposit funds fee-free via credit/debit card, bank wire transfer and Klarna. Withdrawals are charged at 15 EUR if done by bank wire.”
T1Markets offers the ability to deposit funds fee-free via credit/debit card, bank transfer and Klarna. This can be done directly from the client portal area once logged in, as shown below:
Withdrawals can also be done directly from the client portal area and can only be withdrawn to accounts with the same name and beneficial owner.
“T1Markets offers users the ability to trade on the MT4 Web Trader platform.”
The T1Markets MT4 Web Trader platform provides a range of different features. Some of these include:
A screenshot of the T1Markets MT4 Web Trader platform is shown below and is covered in more detail in the video review.
“T1Markets offers users the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for Android and iOS systems.”
T1Markets offers users the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for both Android and iOS systems. The app download links can be found on the broker’s website and in the Google PlayStore or Apple AppStore.
T1Markets MT4 Mobile App
The T1Markets MetaTrader 4 mobile trading app is covered in more detail in the video review.
“T1Markets does not provide any additional trading features beyond the features already available in the trading platform.”
T1Markets does not provide any additional trading features beyond the features already available in the trading platform.
“T1Markets offers commission-free trading with just spreads and swaps payable. Spreads start from 0.03 pips on the highest account tier. Swaps are higher than the industry average but discounts available.”
T1Markets offers commission-free trading with just spreads and swaps payable. The overnight swap rates are higher than the industry average but discounts are available. Swap values can only be found in the broker’s trading platform under the Specification tab of the instrument being traded, as the example of AUDUSD shows below:
Fortunately, the broker does provide some information regarding its spreads on its website. Some are listed below:
Forex
Indices
According to the broker’s legal documents, they will also charge a monthly inactivity fee of 160 EUR if no activity has taken place on a positive balance account for more than 61 days. This increases to 500 EUR if no activity has been made for over 271 days.
“In accordance with regulatory restrictions, T1Markets does not offer any bonuses or promotions.’’
“T1Markets offers customer support Monday to Friday 7am to 5pm GMT via email, contact form, telephone and live chat.”
T1Markets offers customer support Monday to Friday 7am to 5pm GMT via email, contact form, telephone and live chat. After logging into the live chat feature we were greeted by an agent in around 3 minutes, as shown below:
Contact Information:
“T1Markets provides trader research in the form of News Articles in its Trading Blog and an Economic and Earnings Calendar. However, the articles are more education-based rather than providing live market analysis.’
T1Markets provides trader research in the form of News Articles in its Trading Blog and an Economic and Earnings Calendar on its website. The trading articles are more education-based rather than providing live market analysis.
“T1Markets provides access to Videos on Demand, Tutorials and Courses covering a broad range of topics.”
T1Markets provides access to Videos on Demand, Tutorials and Courses covering a broad range of topics. This includes MetaTrader tutorials and topics covering economics and other trading concepts. These can be found on the broker’s website under the Education tab, as shown below:
“T1Markets provides a simple trading offering geared towards beginner traders to trade on more than 300+ CFD instruments on the MT4 Web Trader platform and mobile app.”
From our observations, T1Markets provides a simple trading offering that is mainly geared to beginner traders. Traders have access to trade commission-free on more than 300+ CFD instruments covering Forex, Indices, Stocks, Cryptos, Metals and Commodities on the MT4 Web Trader platform and mobile app.
Deposits are also fee-free, however, users holding trades overnight should be aware of the high swap fees to do so. Different levels of discounts are available depending on the account type opened. The broker also provides additional services depending on account status.
Is T1Markets regulated?
Yes, by CySEC.
Where is T1Markets based?
T1Markets is based at WorldTrade Center, 1st Floor 28th October Street 359 3107 Neapoli, Limassol, Cyprus.
How does T1Markets make money?
T1Markets makes money mainly through spreads and swaps on certain asset classes.
How do I deposit in T1Markets account?
Funds can be deposited into a trading account via credit/debit card, bank transfer and Klarna.
What is the min. deposit for T1Markets?
The minimum deposit is 250 EUR.
How do I withdraw money from T1Markets?
Withdrawals can be made from T1Markets via credit/debit card and bank transfer.
What is the max leverage in T1Markets?
The maximum leverage offered by T1Markets is 30:1 for retail clients and 200:1 for professional clients.
How do I open an account with T1Markets?
An account can be opened at the click of a button on the T1Markets website and can be done in just a few steps.
Does T1Markets use MetaTrader?
Yes, MetaTrader 4 Web.
“T1Markets is a CySEC regulated broker offering to trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals on the MT4 Web Trader platform and mobile trading app.”
T1Markets is the trading name of General Capital Brokers Ltd (GCB) which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker, due to regulatory requirements, offers segregated trading accounts and negative balance protection and up to 30:1 leverage for retail clients and up to 200:1 leverage for professional clients.
Users can choose from 3 different account types called Silver, Gold and Platinum. Each account comes with different features and benefits such as access to swap discounts, webinars and videos, VPS services and more. Trading is commission-free with just spreads, swaps and other fees payable. The broker also provides access to Islamic swap-free accounts and a demo trading account.
With T1Markets, users can trade on more than 300+ financial CFD instruments covering Forex, Cryptocurrency, Commodities, Indices, Stocks and Metals from the MT4 Web Trader platform and mobile trading app. The broker also provides access to different articles, videos and trading courses and offers customer service Monday to Friday 7am to 5pm GMT.
Headquarters Country | Cyprus |
Regulations | CySEC (Cyprus) |
Publicly Traded | No |
Number Of Employees | 50-100 |
Trading Desk Type | STP |
Trading Platforms | MT4 |
Restricted Countries | Algeria, Angola, Argentina, Aruba, Bahrain, Bangladesh, Benin, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Central African Republic, Chad, Chile, China, Colombia, Congo, Cote dIvoire, Djibouti, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Hong Kong, India, Indonesia, Iran, Iraq, Israel, Jordan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Lebanon, Liberia, Libya, Macao, Madagascar, Malaysia, Maldives, Mali, Mauritania, Mauritius, Mexico, Micronesia, Myanmar, Nepal, Niger, Nigeria, North Korea, Oman, Pakistan, Paraguay, Peru, Philippines, Qatar, Rwanda, Samoa, Saudi Arabia, Senegal, Seychelles, Sierra Leone, Singapore, Solomon Islands, Somalia, South Africa, South Korea, South Sudan, Sri Lanka, Sudan, Suriname, Syria, Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, United Arab Emirates, United States, Uruguay, Uzbekistan, Vietnam, Yemen, Zambia, Zimbabwe |
Supported Languages | English, German, Italian, Spanish |
Min Deposit | $250 |
Max Leverage | 1:500 (CySEC) |
Deposit Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
Withdrawal Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
Crypto | Bitcoin, Bitcoin Cash, Bitcoin Gold, Cardano, Dash, Ethereum, Ethereum Classic, IOTA, Lisk, Litecoin, Monero, NEM, NEO, Qtum, Ripple, siacoin, Stellar, Zcash |
Products | Crypto, Currencies, Indices, Commodities, Stocks |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | No |
Automated Trading | Yes |
API Trading | No |
Guaranteed Stop Loss | No |
Guaranteed Limit Orders | No |
Guaranteed Fills / Liquidity | No |
Economic calendar | Yes |
Trading From Chart | Yes |
One-Click Trading | Yes |
Expert Advisor | No |
Social Trading | No |
Autochartist | No |
Trading Signals | Yes |
Platform Languages | Afrikaans, Albanian, Arabic, Azerbaijani, Bengali, Bosnian, Brazilian, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Filipino, Finnish, French, Georgian, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malaysian, Multi-lingual, Norsk, Norwegian, Norwey, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tagalog, Taiwanese, Tamil, Thai, Turkish, Ukrainian, Urdu, Vietnamese |
24 Hours Support | No |
Support During Weekends | No |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | Yes |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | No |
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
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