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T1Markets, the broker with a wide variety of crypto currencies to trade

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T1Markets is a CFD and Forex broker based and regulated in Cyprus, born in August 2020, which shows an above-average offer, especially in the field of CFD on crypto-currencies, offering more than 160 different trading instruments.

The platform is the trade name of GENERAL CAPITAL BROKERS (GCB) LTD with registration number HE345774.

T1Markets offers a large number of international markets in which to trade, such as CFDs on indices, stocks, currencies, commodities and precious metals.

Specifically, CFDs are broken down by asset class as follows:

  • 45 pairs of forex.
  • 45 times shared.
  • 30 crypt coins.
  • 20 raw materials.
  • 20 indexes.
  • 3 metals.

The available leverage effects correspond to the legal requirements of CySEC, the Cypriot supervisory authority, and are as follows

  • 1:500 for Forex (FX).
  • 1:125 for indexes.
  • 1:125 for raw materials.
  • 1:50 for stocks and shares.
  • 2:1 for crypto coins.

T1markets is safe

T1Markets is a licensed broker regulated by the Cyprus Securities and Exchange Commission, also known as CySEC.

Since Cyprus is part of the EU, the broker is also subject to the strict legal requirements of the European Union. Consequently, there are many guidelines that the broker must follow.

CySEC has established a minimum capital requirement of 750,000 euros. In addition, client funds must be kept separate from business accounts.

Even if T1Makrets goes bankrupt, investors will still have access to their funds. In this sense, it should also be noted that T1Markets is part of the Investor Compensation Fund, which means that investors have protection of up to 20,000 euros in the event of bankruptcy.

That is why the broker, although young, can be classified as safe due to the regulation of the Cypriot financial supervisory authority.

As for web security, T1Markets uses strict firewall rules and Secure Sockets Layer (SSL) software to protect all data in transit. Transactions are transmitted via PCI Level 1 compliance services to securely store and manage all forms.

T1markets account types

There are three different types of accounts in T1Markets: Silver, Gold and Platinum. Each type offers different conditions and access to services.

The type of account depends on the amount of the deposit and the commercial behaviour of the user. After successful registration, a customer advisor calls the new user to advise him on how to set up the account type.

The account administrator then decides in which category the new account is included. However, it is important to note that the demo account is free and can be used without restrictions. Spreads and swaps depend on the status of the account.

T1Markets

 

Silver

  • Deposit commission: 0%
  • Spread from: 0.07
  • Leverage up to (retail) 1:30
  • Leverage up to (Professional) 1: 200
  • Available base currencies: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP and more.

Gold

  • Deposit commission: 0%
  • Spreads from: 0.05
  • Leverage up to (retail) 1:30
  • Leverage up to (Professional) 1:400
  • Available base currencies: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP and more.

Platinum

  • Deposit commission: 0%
  • Spread from: 0.03
  • Leverage up to (retail) 1:30
  • Leverage up to (Professional) 1:500
  • Available base currencies: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP and more.

T1Markets’ platforms

In the world of currency trading, trading platforms are very important. They are something that gives the user access to the trading market.

In T1Markets there are two types of trading platforms that are available, web commerce and mobile device based commerce. Both work with the MT4 system software.

T1Markets

WebTrader

For CFD trading, T1Markets offers MT4 WebTrader. This is a popular platform that can be used not only to execute trades, but also to analyze financial markets and automated trading. Unlike other trading platforms, there is no need to download and install it, users just use their browser and are ready to go.

Mobile application

The T1Markets mobile application is available for iOS and Android devices and is intended to enable fast and seamless commerce. The application has full access to the same features that you have on the web platform. As mobile commerce through smartphones is becoming increasingly popular, T1Markets follows the current trend.

For those who are constantly on the move, the mobile application is good news. By simply downloading the trading platform application to your Android or iOS device, you can access the extensive T1Markets Forex market.

T1Markets

CFDs on crypto currencies in T1Markets

There are 20 different crypto currencies to choose from in  T1Markets. Among the available crypto currencies are the most popular and well-known crypto currencies, you should find a suitable investment for you. The options are:

  • Bitcoin vs. US Dollar, Euro, British Pound (Bitfinex)
  • Ethereum vs. US dollar, euro, pound sterling
  • Litecoin vs. US Dollar, Euro, Pound Sterling (Bitfinex)
  • DASH vs. US dollar, euro, pound sterling (Bitfinex)
  • Ripple vs. US dollar, euro, pound sterling (Bitfinex)
  • Ethereum Classic vs. US dollar, euro, pound sterling (Bitfinex)
  • Bitcoin Gold vs.
  • Stellar vs. US Dollar (Bittrex)
  • Cardano vs. US Dollar (Bittrex)
  • Bitcoin Cash ABC vs.
  • Bitcoin Cash SV vs.
  • IOTA vs. US Dollar (Bitfinex)
  • Lisk vs. US Dollar (Bittrex)
  • NEO vs. US Dollar (Bitfinex)
  • QTUM vs. US Dollar (Bitfinex)
  • NEM vs. US Dollar (Bittrex)
  • Zcash vs. US Dollar (Bitfinex)
  • Verge vs. US Dollar (Bittrex)
  • Siacoin vs. US Dollar (Poloniex)
  • Monero vs. US Dollar (Bitfinex)

Fees and payment methods

Basically, T1Markets only charges a differential. Deposits are paid immediately and free of charge. The minimum deposit is 250 USD.  Withdrawals can take up to 5 days to complete and fees may apply in certain circumstances.

The broker offers his clients several simple and secure payment methods. The platform allows its clients to pay using various banking options:

  • Visa Mastercard
  • Neteller
  • Skrill
  • Wirecard
  • Orangepay
  • Trustly
  • VPay

T1Markets

Opening an account

Due to the strict legal requirements of the European Union, each new client must go through a compliance check to ensure that they understand the risks of trading and are admitted to trading.

When you open an account, you will be asked to provide proof of your personal information.

As a general rule, a color scanned copy of your identification card or driver’s license and a utility bill or bank statement from the last three months with your address is sufficient as proof.

You will also need to answer some basic compliance questions and confirm how much business experience you have.

However, this only applies to the real money account, so you can test the platform using the demo account without verification.

More information? Visit to T1Markets

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