Platform Name: T1 Markets
Parent Company: General Capital Brokers Ltd
License: Company Registration: HE345774 | CySEC License No. 333/17
Languages: English, Spanish, Portuguese, Italian, German, Swedish and Dutch
Forex Pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP and more
T1Markets is a simple, reliable, and regulated online CFD trading platform that offers users access to global markets with a range of trading instruments including forex, cryptocurrencies, commodities, indices, stocks, metals and more. Licensed by CySEC, T1Markets offers a flexible trading platform where users with varying degrees of trading experience can use it just as efficiently as others. Apart from the regular offering, the platform also has tailored accounts exclusively for professional traders to match their proficiency and requirements.
The T1Markets trading platform is available on a wide range of devices, allowing users to access it from wherever they are as long as they have an internet connection. The use of tried and tested MetaTrader4 based WebTrader ensures compatibility to almost all browsers while offering all the goodness of MT4 desktop software. Further augmenting the platform accessibility are Android and iOS mobile apps available for download on Google Play and Apple App Store, respectively.
The WebTrader is highly customizable and comes equipped with advanced analytical and trading tools to help traders understand the market and accordingly place potentially profitable orders. Some of these features include multiple chart windows, real-time balance levels, updates on the trading condition, in-platform price alerts, 1-tap account switching, and access to the support team. The availability of multiple trade execution modes like instant execution, 2 markets, 4 pending and 2 stop orders and trailing stop functions, which combined with over 30 technical indicators, support for a real-time synchronized market feed from other software, etc., further enhances the whole trading experience.
The T1Markets mobile platform offers features like one-click order management, charts in 9 timeframes, technical indicators like lines, channels, bars, geometric shapes, Gann, Fibonacci and Elliott tools. Users are notified of any market news or updates and order status in real-time and can be accessed from the notification center, right on their mobile screens.
The availability of a demo account on T1Markets means that users can first try out all the features and hone their trading skills before placing trades with actual funds.
Accounts and Trading
Not everyone shares the same experience or expertise when it comes to online trading. T1Markets recognizes that every individual may have their own trading needs and preferences. To meet these varying demands, the platform has categorized user accounts to three distinct types – SILVER, GOLD, and PLATINUM. The spreads and leverages offered for each account type varies. Also, certain features like Free VPS, fifth decimal support and Swap discounts are available only for the GOLD and PLATINUM accounts, while the rest including news alerts, dedicated account managers, access to webinars and videos, 24/5 support, hedging and other features are available to all.
Meanwhile, professional traders can avail premium features with decreased margin, higher leverage and exclusive loyalty programs by applying for a professional account. These accounts are available only for experienced traders with a good track record and substantial transaction background as these accounts are quite different from the regular account types and doesn’t include ESMA CFD product intervention measures etc.
The first step to start trading on T1Markets is account creation, which will require the users to fill a form providing their personal information and completing applicable KYC formalities. The platform also requests the users to fill a questionnaire to gauge the potential customer’s trading expertise to confirm their eligibility for available account tiers. Once all the formalities are completed, users can deposit funds into their account using any of the available payment methods to get the account verified and start trading.
Verified traders on T1Markets can trade over 300+ CFDs including over 45 forex pairs, more than 30 cryptocurrency pairs, major indices (ASX100, DAX30, DOW30, FTSE100, NASDAQ100), 20+ commodities including cocoa, oil, gas, wheat, etc., precious metals like gold, silver, palladium, and more. CFDs on stock trading on T1Markets include leading global companies like Apple, British Petroleum, Google, Microsoft, Mercedes, Sony and more from over 60 different stock markets.
The flexible spreads and zero commissions, along with an exhaustive list of CFDs and swap discounts up to 50% presents T1Markets as a sweet deal for traders.
Deposits and Withdrawals
T1Markets offers multiple payment methods for users to fund their accounts. They can either choose to use their VISA or MasterCard powered bank cards, make a wire transfer or use any of the payment processors and e-wallets like Skrill, Neteller, Safe Charge, MIR Limited, Wirecard, DECTA, Payvision, OrangePay and eMerchantPay to make deposits. The platform doesn’t charge any deposit fees and the transactions are almost instantly reflected in their user accounts. All withdrawals from T1Markets accounts are processed within 5 days.
T1Markets has a highly capable support team in place to receive and resolve any platform or trading related queries one might have. They can be reached through multiple channels including live chat, email ([email protected]), or over the phone. The team is available during weekdays from 10:00 AM – 20:00 PM 7 days per week.
Apart from the support team, the platform also has a comprehensive collection of educational and training resources which includes articles, video on demand, ebooks, tutorials and courses that helps users make the best out of the platform and place profitable trades.
T1Markets follows the best security standards by implementing necessary SSL software and firewalls along with data encryption at various levels. The platform also meets Level 1 PCI compliance assistance moderation standards and has its servers in SAS 70 certified centers.
With all the necessary tools for efficient trading and an exhaustive list of CFD products, T1Markets presents itself as an attractive platform. Its regulatory status and compliance with ESMA requirements add to its reputation, making it a platform worth trying.