Hundreds of online brokers are now competing in the market. Many are legit while many others are scam brokers. So finding a legit broker who will provide a decent service to the customer is quite difficult. In this crowd of various brokers, T1 Market stands out with its exceptional features and offers. It is the best forex broker in the forex trading platform. It is a new broker that opened July, 2020. It is a regulated a and licensed forex broker. T1Markets is the trading name of GCB (General Capital Brokers ) which is registered under the number HE345774. It is authorized by the Cyprus Securities and Exchange Commission Under license number 333/17. The head office of T1Markets is located at 359, 28th October Street, Neaopolis, WTC Cyprus- Trust Re Building, 1st Floor, 3107 Limassol, Cyprus. The special features that T1Market offers will be discussed here in this T1market review.
T1Market offers more than 300 CFD assets. It offers stocks like Apple, Sony, and Microsoft. There are more than 30 crypto currencies. It offers commodities like Brent oil, Crude oil, Cocoa, Corn. There are also 45 currency pairs and 45 shares. Besides, it also offers indices, all major forex currency pairs, precious metals like silver, gold and platinum. Through this forex trading platform, more than 160 markets can be accessed.
T1Market provides maximum educational resources to the client so that he can gain knowledge about all the aspects of trading. Through these resources proper forex education is possible. There are articles, VOD, ebooks, tutorials and courses for the trader who is keen to learn all about forex trading platform and who wants to be a proficient trader. Besides, there is an economic calendar that informs the trader about the major events that are going to take place. It also includes trading signals which allows the trader the knowledge about what is going on around the world.
Primarily T1Market offers three types of trading accounts. Leverage, spreads and swap discounts vary according to the account type. The minimum amount that is needed to open an account is $250. The trader can open a silver account with this amount. Besides, there are gold and platinum accounts. The specifications of these three accounts are described below:
Besides these three accounts, there are also options for opening professional and Islamic account. Professional account offers the premium facilities for the traders. The professional account holders get excellent flexibility. Margins decreases by up to 70%. Leverage scores up to 1:500. This account turns up 95% of shareholding value into margin for spread bets and CFDs. It also provides a personal account manager who gives services 24/5. Besides, the traders also enjoy low latency and speedy execution. Most importantly, a professional client is outside of the protections given by the Product Intervention Measures imposed by ESMA . The Islamic account complies with Islamic rules and regulations. There is no hidden costs or re-quotes, no interest/swap charges on overnight positions, no time limit for holding positions, no spread widening, and no upfront commissions in this account. The Islamic account holder gets leverage up to 1:400, instant free access to trading platforms and 24/5 dedicated customer service. Besides being a trader, one can also earn profit up to $800 from T1Markets by creating partnership with the broker. Opening account in this forex trading platform is easy. The investor need to follow the instructions given in the website. He also needs to provide some personal information like full name, email address, phone number and address.
T1Market can be used through two platforms. One is MT4 WebTrader and another is mobile app. MT4 WebTrader provides live chat option, built-in platform support, single tap account switching, real time balance level, updates on trading conditions, multiple chart windows to compare various assets, and in-platform price alerts. Mobile app gives similar facilities as the MT4 WebTrader platform. The mobile app is beneficial to those traders who are always on the move and cannot always access their desktop computer or laptop.
Withdrawal policy conforms to the regulation by CySEC and the Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments (the MiFID II). Withdrawal also depends on the company’s terms and conditions which the client consented during the registration process. The profits from trading can be withdrawn to an account where the owner is the same as on the trading account. T1Markets has the right to charge 50 EUR withdrawal fee. If a trader withdraws less than 100 EUR, the broker can charge additional fees. Withdrawal can be done through Visa card, Master card, Neteller, Skrill and many more ways.
T1Market review explains how this broker is the best forex broker in the forex trading platform. It deals with more than 300 assets and offers account types convenient for both beginners and advanced level traders. It provides huge number of educational resources and analytical tools so that the trader can gain insight about trading. The broker may be new but their offers are quite appealing. It also maintained transparency from the very beginning. Therefore within a very short time it gained trust and dependence.