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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

N1CM

Comoros Comoros | 5-10 years |
ECN Account Suspicious Regulatory License | MT4 Full License | Global Business | Vanuatu Retail Forex License Revoked | High potential risk

https://www.n1cm.com/en

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

N1CapitalMarkets-Live

Luxembourg
Luxembourg
MT4
20

Influence

C

Influence index NO.1

United States United States 3.38

MT4/5 Identification

MT4/5 Identification

Full License

20
Server Name
N1CapitalMarkets-Live MT4
Server Location Luxembourg Luxembourg

Influence

Influence

C

Influence index NO.1

United States United States 3.38
Surpassed 23.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+269 472 9838
info@n1cm.com
https://www.n1cm.com/en
Moroni magoudjou, No:2, Rue Travaux Publics, Moroni, Comoros
Licenses

Licensed Entity:Number One Capital Markets Limited

License No. 15035

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Comoros Comoros
Operating Period
5-10 years
Company Name
Number One Capital Markets Limited
Customer Service Email Address
info@n1cm.com
Contact Number
+2694729838
Company Website
FX3203588779

FX3203588779

Unverified

Turkey

It has been 10 days and I am waiting for a withdrawal, they are not making the payment.

Exposure

iamjayylopezz

iamjayylopezz

Unverified

Philippines

This site is refusing to allow me to withdraw my trading profits or account capital unless I pay a 10% tax clearing fee ? My profits are on hold cant withdraw my $10000 fundsI had an account manager who has now deleted her FB page and does not reply on WhatsApp. N1CM does not reply to emails or support tickets.

Exposure

Venki

Venki

Unverified

United States

N1CM rocks when it comes to maximum leverage! They offer traders a great way to boost their potential profits. Plus, their trading assets are top-notch, covering currencies, commodities, indices, and more.

Positive

Positive

Hendrik G

Hendrik G

Unverified

Netherlands

Fast and efficient deposit and withdrawal, feels like a reliable and trustworthy broker compared to some others I've tried. Besides, it provides a 35% first deposit Bonus, claiming up to $5,000. I will tell my friends to come.😜😜😜

Positive

Positive

Mohd Ali bin Abdullah

Mohd Ali bin Abdullah

Unverified

Malaysia

Liquidity is usually good, but their regulatory standing isn't the strongest, generally easy to trade. 👍👍👍

Positive

Positive

Wilhelmina Featherstonehaugh

Wilhelmina Featherstonehaugh

Unverified

Mexico

My experience with N1CM has been less than satisfactory. While they do offer a variety of trading assets, the overall service has been inconsistent. The platform's performance has been questionable at times, with instances of slow execution and occasional system glitches.

Neutral

Neutral

快到碗里来98689

快到碗里来98689

Unverified

Singapore

Having very helpful support, a knowledgeable technical team, powerful trading platforms and the lowest spread in the region are the main factors for me to go with N1CM.

Positive

Positive

黄里程

黄里程

Unverified

Australia

I have seen some people say that offshore licenses should not be demonized. But in my opinion, this is based on the fact that the company has an onshore license. Companies with only offshore licenses are very dangerous to me, such as N1CM.

Positive

Positive

8
Account
Funding
Related Software
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
2
MT4 Servers
1
MT5 Servers
181.53
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Meta Trader 4
Perfect
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Meta Trader 5
Perfect

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Official website

Website

  • n1cm.com
    104.31.68.116
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    2016-01-29
    Website
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Summary

N1CM Review Summary
Founded2016
Registered Country/RegionComoros
RegulationVFSC (Revoked)
Market InstrumentsForex, Metals, Commodities, Indices, Shares, Cryptocurrencies
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.9 pips (Cent Account)
From 0.8 pips (Standard Account)
From 0.5 pips (ECN Account)
Trading PlatformMT4, MT5
Minimum Deposit$1
Customer SupportLive chat
Phone: +269 472 9838
Email: info@nlcm.com
Social Media: Facebook, Twitter, Instagram, LinkedIn
Regional RestrictionsTurkey, the United States, Europe
Bonus

N1CM Information

N1CM is a broker that provides online trading services that allow clients to trade in multiple financial markets, including forex, metals, commodities, indices, stocks, and cryptocurrencies. N1CM offers a wide range of trading products and flexible account options, making it suitable for traders of all levels, especially newbies and users who want to try their hand at trading with high leverage.

N1CM Information

Pros and Cons

ProsCons
Negative balance protectionRevoked VFSC license
Demo accountsRegional restrictions
Various payment methodsCommission fees charged
Live chat supportNo common payment options
Various trading instruments
Low minimum deposit of $1
MT4 and MT5 provided
Bonus offered

Is N1CM Legit?

Although N1CM claims to be regulated, the regulation of retail forex issued by Vanuatu Financial Services Commission (VFSC) with license number 15035 has since been revoked. Traders should be careful when trading.

license

What Can I Trade on N1CM?

N1CM offers 50 Forex, Metals, Commodities, 10 Indices, Shares, and Cryptocurrencies.

Tradable InstrumentsAvailable
Forex
Metals
Commodities
Indices
Shares
Cryptocurrencies
Bonds
Options
ETFs
Mutual Funds
assets

Account Type

N1CM provides a Demo Account for traders to engage in trading using a simulated account with virtual funds.

Account Types

N1CM also offers three types of live accounts: Cent Account, Standard Account, and ECN Account. The following is information on the three types of accounts. Among them, Cent Account only supports MT4, and other types of accounts support both MT4 and MT5.

Account TypeMinimum DepositMaximum LeverageSpreadCommissionBonus
Cent$11:1000From 0.9 pips0
Standard$10From 0.8 pips
ECN$10From 0.5 pips$2.5 per side
Account Types

Leverage

Leverage in Forex and CFD trading is being able to trade a larger amount of volume with less investment.

N1CM offers flexible leverage options up to 1000:1 for all account types, but the maximum leverage gradually decreases as the account equity increases. The choice of leverage is directly related to the equity of the account; the higher the equity, the lower the leverage multiplier and the higher the margin requirement.

Although high leverage can magnify returns, it also increases risks, and traders need to choose a reasonable leverage ratio according to their own capital situation and risk tolerance.

Leverage

Fees

Account TypeCentStandardECN
EUR/USD SpreadFrom 1.1 pipsFrom 0.9 pipsFrom 0.5 pips
Average 1.2 pipsAverage 1.0 pipsAverage 0.6 pips

Fees
Account TypeCentStandard ECN
Forex04 USD per lot per side
Indices6 USD per lot per side5 USD per lot per side
Cryptos0
Commodities6 USD per lot per side5 USD per lot per side
Stocks5 USD per lot per side

Fees

Trading Platform

N1CM supports the use of MT4 and MT5 platforms.

MetaTrader 4 (MT4) is a trading platform released by the Russian company MetaQuotes specifically for forex trading.

MetaTrader 5 (MT5) is a multi-asset trading platform launched by MetaQuotes that allows trading Forex, Stocks, and Futures.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Mobile, WebBeginners
MT5Desktop, Mobile, WebExperienced traders
Trading Platform

Deposit and Withdrawal

N1CM accepts a variety of payment methods: Perfect Money, PaymentAsia, STICPAY, Coinbase, Tasapay, and B2BinPay.

Deposit and Withdrawal
Deposit and Withdrawal

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • MT4 Full License
  • MT5 Full License
  • Global Business
  • Vanuatu Retail Forex License Revoked
  • High potential risk

News

Earn unlimited profit

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Earn countless commissions and build your marketing as one of our affiliates!

Wiki Q&A

Tricia54
Tricia54
1-2 years

What is the N1CM withdrawal process like?

WikiFX
WikiFX Reply

N1CM doesn’t provide a specific withdrawal time frame, but from my experience, it typically takes anywhere from a few hours to a couple of days, depending on the payment method. I found that using services like Perfect Money can speed things up, but if you’re using a less common method, it might take longer. I would recommend reviewing N1CM broker's customer support to get more accurate information on withdrawal times.

Broker Issues
N1CM
N1CM
Withdrawal
Deposit
07-01
United States
Tomas
Tomas
1-2 years

What leverage does N1CM provide?

WikiFX
WikiFX Reply

N1CM offers leverage up to 1:1000 on all account types. Personally, I think such high leverage can be appealing for traders who want more exposure with less capital. However, it’s important to note that high leverage also means higher risk, so I would always recommend using leverage responsibly. In any N1CM review, I’d emphasize the risks associated with trading at such high levels.

Broker Issues
N1CM
N1CM
Instruments
Platform
Account
Leverage
05-31
United States
aariapoor
aariapoor
1-2 years

What are the main drawbacks of using N1CM?

WikiFX
WikiFX Reply

The biggest drawback for me is the revoked VFSC license, which means N1CM is no longer a regulated broker. This makes me hesitant to trust the platform for long-term trading. In addition, the regional restrictions and commission fees on certain accounts can limit accessibility and increase costs for traders. For me, this is a significant con when considering the broker in any N1CM review.

Broker Issues
N1CM
N1CM
Regulation
05-08
United States
helpneeded
helpneeded
1-2 years

How do I start trading with N1CM?

WikiFX
WikiFX Reply

Starting with N1CM is easy, especially because of their low minimum deposit. You can register on their website, open a demo or live account, and start trading immediately. I recommend trying out the demo account first to get comfortable with their platform before committing real money. In my opinion, N1CM forex offers a simple yet effective entry for beginners, but make sure you're fully aware of the risks, especially given the lack of regulation.

Broker Issues
N1CM
N1CM
Withdrawal
Deposit
04-12
United States
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