T1Markets Review 2020 Is it Safe or Scam? All Pros & Cons
In this T1Markets Review, we will focus on T1Markets offerings, covered markets, platforms, and account types. T1Marktes have started their operation under General Capital Brokers Ltd (GCB) in 2020.
T1Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), which intends to help investors boost the trading level. The regulations also build T1Markets as one of the trustworthy forex brokers. However, T1Markets also won some awards, which makes them more reliable.
For the rest of this article, you will know all the details on T1Markets.
T1Markets Review: Covered Markets
T1Markets cover almost all the markets from forex to metal. However, each market has different characteristics, and T1Markets also follow those to provide a satisfactory service to the clients. Let's see the offered markets and some glimpse of each market.
With T1Markets forex CFDs, you will just speculate the currencies according to your strategies and gain from the price movement. Besides, they offer more than 45 currency pairs, which can ultimately diversify your trading. Flexible spreads with zero commission should definitely give you the ease of access to the market.
30+ different cryptocurrencies will surely give you a new experience that will facilitate well diversification. The blockchain market started to take over the cryptocurrencies. However, with crypto trading, you will be able to get into the blockchain community.
T1Markets offers 20+ commodities assets such as livestock, metals, agricultural products, and more. Moreover, you will also get access to the 50 major commodity markets.
Through the T1Markets' indices, you can trade 20+ world indices instantly. And this will eventually broaden the financial options and let you dominate on the volatile market.
There 60 major stock markets available in the world, and you can access those through the T1Markets stock trading. Within those major markets, you will have the opportunity to trade more than 45 stocks.
Metals are traditionally precious and safe to trade. However, Metals are traded on a large scale around the world. T1Markets will give you access to 50+ metal markets with 20 commodity assets.
T1Markets Review: Account Types
T1Markets offers three trading accounts for all, which are, Silver, Gold, and Platinum. The good thing about T1Markets accounts is, they don't charge deposit commissions. However, they have different spread rates for different accounts, such as 0.07 for Silver, 0.05 for the Gold, and 0.03 for the Platinum. Besides, the leverage is also varied from 1:200 to 1:500 for the professional traders.
Islamic Trading Account in T1Markets
Considering the Muslim traders, T1Markets also offer Islamic trading solely for the Muslims and other religious believers who do not want to pay swap fees or interest (because it is forbidden in Islam). Some other eye-catchy features are-
- No hidden charges or re-quotes.
- No swap charges for overnight positions.
- Do not widen the spreads.
- You will not need to pay any upfront commission to start the trade.
- Instant access to the platforms.
- High-speed execution.
- Offers three currencies USD, GBP, and EUR.
Trading Platform in T1Markets
T1Markets are integrated with the Meta Trader 4, which is accessible from the web and mobile. Let's see each accessible features.
- You can build analytical within the web trading platform.
- A wide range of trade execution modes.
- Get you all the trading history of your account from the beginning.
- Notify you about the updates on your trading movements.
- One tap switching features between the accounts.
- App for android and iOS devices.
- Manage the account with a tap.
- Check your short and long trading in 9 different time frames.
- Get a notification on your phone or tablets for your trading.
- Access the technical indicators such s graphs, charts, bars, etc.
The education feature will help a new trader who is just stepping into the trading world. Besides, the education tool will also come in handy for expert traders. Education tools include tutorials, articles, daily news, trading signals, relevant videos, and courses.
T1Markets has 24/5 customer service; however, you will have access to the market 24/7 when needed. Live chat, phone calls, and emails are the most effective communication method. However, you can get a hold of customer support by filling up the contact form too.
To sum up the T1Market Review, we will definitely recommend this broker to anyone as they have proven membership of CySEC (we have verified through the official CySEC website). Furthermore, a variety of assets will make your fund stable and let you make money from trading.
On the other hand, the trading platform is also a big positive sign to trade with T1Markets.