1Market-Some Important Points about the Broker

General Information & Regulation

Established in 2021, 1Market is an online broker and regulated provider of CFDs, a brand owned and operated globally by Podora Ltd., a Marshall Islands company with registration number 107838. 1Market offers trading and investing services in shares, margin forex, commodities, and indices, under the CySEC licence no. 366/18.

Market Instruments

Tradable financial instruments available at 1Market are currency pairs, shares, commodities, indices, Zero commission stocks, ETFs.

1Market Minimum Deposit

There are six account options in total available at 1Market. The account types and their corresponding minimum deposit requirements are as follows: Mini (deposit from 500 USD to 1,000USD), Standard (deposit from $1,000 to $1,0000), Gold (deposit from $5,000 to $50,000), Platinum (deposit from $10,000 to $100,000), Diamond (deposit from $50,000 to $500,000), and VIP accounts (deposit from $100,000 to $1,000,000).

IMarkets requires a deposit from $500 as a trading start, which seems to be relatively higher than most brokers who ask only $50 to $100 for new investors to open an account.

1Market Leverage

As what is announced on 1Market website, leverage levels are subject to the terms and trading conditions. The maximum leverage offered by this broker is up to 1:400, however, investors are advised to use leverage in light their risk tolerance.

Spreads & Commissions

On 1Markets website, there is no specific information on spreads and commissions, which is kind of weird for a regulated broker not display its important trading conditions. So investors should be careful, for this may be a scam scheme.

1Market Trading Platform

1Market‘s traders are given access to two trading platform options, MT5 trading platform and a proprietary online platform. MT5 is built with various trading tools and capabilities — nine chart types, expert advisors, multiple timeframes, and more - to offer seamless access to the global financial markets. 1Markets’ MT5 trading platform is available in desktop, web, and mobile versions.

Insight Trading

1nsight delivers up-to-the-minute, measurable trade insights which are the essence of successful online trading. With 1nsight Feed, you can measure the activity of your peers as they trade. Gather steam and lead the trend. Powered by a set of intelligent algorithms, 1nsight scans the trading activity of thousands of traders and assets available on 1Market‘s platform to provide real-time, data-driven insights into the community’s morale.

1Market Deposit & Withdrawal

1Market accepts traders to deposit and withdraw funds via bank transfer, Credit/Debit card, and some e-payment processors including Neteller, Skrill, Paysafecard, Sofort. The time taken to process transactions may vary depending on the payment method used.

Customer Support

1Market offers customer support team who claim to be available 24/5 and can be contacted via telephone, email, online form, and social media.