N1CM Review: everything about broker reliability, trading conditions, spreads and commissions, deposits and withdrawals, and more.

N1CM is a CFD broker founded in 2017 and regulated by the VFSC. The VFSC regulation is purely conditional, as anyone can obtain a license from this regulator after paying an entry fee. Consequently, N1CM has only been operating for 4 years and has no reliable regulation, so nothing will protect traders in the event of fraud.

N1CM Review

Any trader can open a Cent, Standard or ECN account on the MT4 or MT5 platform. As for the trading conditions and offers in general, they are very far from good. For example, N1CM offers a total of 111 trading instruments, most of which are currency pairs.

The main disadvantage is the high commissions on payment and trading spreads, which are large compared to other brokers. Finally, it’s worth noting that there is no education or market research at all here.

Small benefits include only a small minimum deposit of $ 5 and a wide range of payment methods.

Based on the review, it is better to choose a more reliable broker for CFD trading.

N1CM Total Score
Reliability & Safety
Trading platforms & Tools
Trading offers
Spreads & Commissions
Mobile app
Deposit & Withdrawal
Research & Education
Reviewer 1.8 / 5
Users (0 votes) {{ reviewsOverall }} / 5

The total score may change after a detailed review of N1CM.

Official sitehttps://n1cm.com
Year of foundation2017
Regulated byVFSC
Trading instruments111+ assets
CFDs on forex (52), commodities (3+), stocks (37+), indices (12+), cryptocurrencies (7+)
Spreads and commissionsHigh fixed/floating spreads
EUR/USD – from 2 pips
GBP/USD – from 2.3 pips
USD/JPY – from 2.3 pips
Gold – from 45 pips
Most popularN1CM in Philippines, South Africa, Canada, USA
Provision of services in the US, UK, Canada, European Economic Area
Min. trade size0.01
LeverageUp to 1:1000
Account typesCent, Srandard, ECN
Minimum deposit$ 5
Minimum withdrawal
Deposit & withdrawal methods18+
Payment Fees Withdrawal fee is up 0.5% to 2.5%
Trading hours24/5
24/7 (For crypto)
Trading platformsMT4, MT5, MT4 WebTrader
Mobile App
Copy Trading
Affiliate program
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