N1CM's review 2025 image

N1CM Review 2025

Vanuatu

Established: 2017
Score: 3
Visit Website
Regulated

Leverage: Up to 1:1000

Deposit: From 5 USD

Spread: Medium

Regulation: VFSC (Vanuatu Financial Services Commission)

Leverage: Up to 1:1000

Deposit: From 5 USD

Spread: Medium

Regulation: VFSC (Vanuatu Financial Services Commission)

Broker type: ECN, STP

Offices: Vanuatu

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)

Instruments: 50+ Forex pairs, Commodities, Indices, Shares, Cryptocurrencies, Precious Metals

Payment Methods:

General Overview

In this review, we’ll look at N1CM, a forex and CFD broker. Launched in 2017, Number One Capital Markets (N1CM) is based in Vanuatu and regulated by the Vanuatu Financial Services Commission (VFSC). It lets you trade forex, indices, commodities, stocks, cryptocurrencies, and precious metals. With leverage up to 1:1000 and a $5 minimum deposit, it’s accessible for both beginners and experienced traders. We’ll cover its trading platforms, account types, spreads, customer support, and other key features.

Pros

  • High leverage up to 1:1000
  • Low minimum deposit requirement
  • Competitive spreads
  • No deposit or withdrawal fees
  • Multiple trading platforms (MT4, MT5)

Cons

  • Offshore regulation
  • Limited customer support hours

Trust and Safety

Regulations: VFSC (Vanuatu Financial Services Commission)

N1CM is regulated by the VFSC (Vanuatu Financial Services Commission) under license 15035. While VFSC oversight isn’t as strict as top regulators like the FCA or CySEC, it still provides some supervision. N1CM also adds security features such as two-factor authentication and negative balance protection to help keep accounts safe. These measures protect client funds and data, making N1CM a relatively secure choice compared to many offshore brokers.

 

Is N1CM Regulated?

Yes—N1CM is regulated by the VFSC in Vanuatu. This offshore license offers a basic level of oversight and ensures the broker follows certain rules. However, it’s not as rigorous as top-tier regulators, so traders who prioritize strong regulation should be cautious.

 

Is N1CM Safe?

N1CM uses key safety measures like segregated client funds and two-factor authentication, and it provides negative balance protection to help prevent debt. These features make it reasonably safe, but because it’s offshore, you should still be careful. Always consider the risks of high leverage and the broker’s regulatory status before trading large amounts.

Trading Platforms

MetaTrader 4 (MT4) | MetaTrader 5 (MT5)

Visit Platforms

N1CM provides access to two of the industry’s most popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms offer advanced charting tools, technical indicators, and the ability to execute trades with precision. MT4 is widely regarded as the go-to platform for forex trading, while MT5 offers additional features such as more pending order types and built-in economic calendars. Traders can access both platforms via desktop, mobile, or web versions.

 

N1CM MetaTrader 4 (MT4)

N1CM offers the MetaTrader 4 platform, which is known for its user-friendly interface and robust features. MT4 provides a wide range of technical indicators, charting tools, and automated trading options, making it a popular choice for forex traders. The platform also supports one-click trading, allowing for fast execution of orders in volatile markets.

 

N1CM MetaTrader 5 (MT5)

For traders seeking more advanced features, N1CM also offers the MetaTrader 5 platform. MT5 includes additional tools such as more chart timeframes, advanced order types, and an economic calendar. It is ideal for traders who want to trade not only forex but also CFDs on stocks, indices, and cryptocurrencies. MT5 also offers a multi-threaded strategy tester, making it easier to backtest trading strategies.

Tradable Instruments

Instruments: 50+ Forex pairs, Commodities, Indices, Shares, Cryptocurrencies, Precious Metals

N1CM offers a wide range of tradable instruments, including forex, indices, commodities, shares, cryptocurrencies, and precious metals. This variety allows traders to diversify their portfolios and take advantage of different market opportunities. With over 50 currency pairs available, including majors like EUR/USD and GBP/USD, as well as minor and exotic pairs, N1CM provides ample trading options. Additionally, CFDs on indices such as the S&P 500 and commodities like gold and oil are also available.

 

N1CM Available Currency Pairs

N1CM provides access to over 50 currency pairs, including major, minor, and exotic pairs. With flexible leverage of up to 1:1000, traders can take advantage of both short-term market movements and long-term trends. The competitive spreads, starting from 0.1 pips, make forex trading cost-effective for both beginners and experienced traders. Popular pairs such as EUR/USD and USD/JPY are offered with tight spreads and favorable trading conditions.

 

N1CM Offered Commodities

N1CM allows traders to access commodities markets, including energy products like crude oil and natural gas, as well as metals like gold and silver. These instruments are popular among traders looking to hedge their portfolios or trade on economic factors affecting commodity prices. N1CM’s low margin requirements make commodities trading accessible to all traders.

 

N1CM Cryptocurrencies

N1CM also supports cryptocurrency trading, offering CFDs on popular digital currencies like Bitcoin, Ethereum, and Litecoin. With the volatility of the crypto market, traders have the opportunity to capitalize on significant price movements. The leverage available for crypto trading is 1:1000, providing traders with the ability to maximize potential gains, but also increasing risk.

Account Types

N1CM provides three types of trading accounts: Cent, Standard, and ECN, each designed to meet different trading needs. With low minimum deposit requirements and competitive spreads, N1CM offers options for both beginner and experienced traders. You can explore the account options further in our detailed N1CM account types review.

 

N1CM Cent Account

The Cent account is perfect for beginners or those who want to start trading with a small amount of capital. With a minimum deposit of just $1, this account type offers floating spreads starting at 0.9 pips and commission-free trading. It is ideal for traders who want to practice with real money but minimize risk.

 

N1CM ECN Account

For more experienced traders, the ECN account offers tighter spreads, starting from 0.5 pips, and direct access to liquidity providers. This account type has a minimum deposit of $10 and charges a commission of $2.5 per lot, making it suitable for high-volume traders seeking the best possible execution and spreads.

Deposits and Withdrawals

N1CM supports many deposit methods and easy withdrawals, so funding your account is simple. You can use Visa, Mastercard, Perfect Money, Bitcoin, and other cryptocurrencies. Most methods only need a $5 minimum deposit. Deposits are instant, and withdrawals are usually handled the same day.

 

N1CM Deposit Options and Fees

You can add funds with cards, e-wallets like Perfect Money, and crypto such as Bitcoin and Ethereum. The minimum deposit is just $5 for most options, and N1CM doesn’t charge deposit fees. This makes it easy to start small and build up over time. For details, see the minimum deposit section.

 

N1CM Withdrawal Options and Fees

You can withdraw using the same methods you used to deposit—Perfect Money, Bitcoin, and other cryptos. Most methods have a $2 minimum withdrawal; Bitcoin usually requires at least $5. N1CM processes withdrawals fast (typically within two hours) and doesn’t charge withdrawal fees, so getting your money is straightforward. For a full guide, visit the withdrawals section.

Visa

Mastercard

Bitcoin

Ethereum

Fees and Commissions

Fees

N1CM keeps costs low across its account types. Spreads can start from as little as 0.1 pips on some instruments. Most accounts are commission-free, while the ECN account charges a small $2.5 per lot commission. There are no deposit or withdrawal fees, making it easy to manage your money. See full details in our N1CM fees section.

 

N1CM Spreads

Spreads depend on the account you choose: Cent from 0.9 pips, Standard from 0.8 pips, and ECN from 0.5 pips. This lets you pick a setup that fits your budget and trading style. N1CM’s spreads are competitive, especially on major forex pairs like EUR/USD.

 

N1CM Trading Fees

The Cent and Standard accounts have no commission, which is great for beginners and low-volume traders. The ECN account charges $2.5 per lot but offers tighter spreads in return. Overall, fees are clear and competitive, with no hidden costs and no deposit/withdrawal fees.

 

N1CM Non-Trading Fees

N1CM does not charge for deposits, withdrawals, or account maintenance. Note that swap fees apply to positions held overnight, and they vary by instrument and whether you’re long or short. You can find the exact rates on the broker’s website. Learn more in our N1CM fees section.

Bonuses and Promotions

N1CM offers a first deposit bonus of 35% and a redeposit bonus of 25%, with a maximum bonus amount of $5,000. However, traders should carefully review the terms and conditions associated with these bonuses before accepting them, as they often come with strict requirements.

Education

N1CM offers a range of educational resources to help traders improve their skills. These include eBooks, market analysis, and a free economic calendar. The broker’s educational content is designed to help both beginners and experienced traders enhance their trading strategies and stay informed about market trends.

Allowed Countries

N1CM provides its services to traders from a wide range of countries around the world. The broker welcomes clients from various regions, including Europe, Asia, Africa, the Middle East, and Latin America. Some of the key countries where N1CM operates include Germany, the United Kingdom, Australia, South Africa, India, Singapore, Malaysia, Nigeria, and Brazil.

However, it is important to note that there are some restrictions in place, and N1CM may not be able to offer its services in jurisdictions where strict regulatory requirements apply or where local laws prohibit such activities. Prospective traders are encouraged to check with the broker’s customer support to confirm whether N1CM is available in their country of residence.

Excluded Countries

United States

Canada

Iran

North Korea

Customer Support

N1CM provides customer support via multiple channels, including live chat, WhatsApp, Telegram, and email. The support team is available between 06:00 and 15:00 GMT from Monday to Friday, ensuring traders can receive assistance when needed. The broker also has a comprehensive FAQ section on its website to help with common queries. For more details, visit our customer support section.

Broker Name: N1CM

Broker Type: ECN, STP

Country: Vanuatu

Operating since year: 2017

Regulations: VFSC (Vanuatu Financial Services Commission)

Phone: +442045259759

Email: [email protected]

Address: Number One Capital Markets Limited Govant Building, 1st Floor, 1276 Kumul Highway, Port Vila, Vanuatu

Broker status: Active

FAQs

Opening an account with N1CM is simple. Visit their website, fill out the registration form, and verify your identity. Once your account is verified, you can deposit funds using one of the available payment methods and begin trading. For more details, visit our guide on the N1CM account opening process.

N1CM is a solid broker offering competitive spreads, high leverage, and access to popular trading platforms like MT4 and MT5. However, traders should be aware of its offshore regulation, which may not offer the same protections as top-tier regulatory bodies.

N1CM offers several deposit and withdrawal options, including credit/debit cards, e-wallets, and cryptocurrencies. There are no fees for deposits or withdrawals, and processing times are typically fast.

Leave your thoughts