T1Markets is a new Forex broker that opened recently in July 2020, and they are regulated by CySEC.
They are located at: 249 28th October Ave, Lophitis Business Centre 1, Mezzanine Office 3, 3035, Limassol, Cyprus. Contact phone number in Cyprus is; 800 4040 8888. Customer service email is: [email protected], and the official website is: https://www.T1Markets.com.
For Complaints or Withdrawal Problems, read this.
Our review of T1Markets finds, that this new Forex broker offers a range of CFD’s for trading Forex, Crypto and Stocks. They offer investors and day traders like yourself, the classic MetaTrader 4 CFD trading platforms. Officially they have more than one hundred underlying assets in all categories: Crypto, Forex, Stocks, Commodities and Market Indices. When we signed up for a demo account, we only saw Major Forex Pairs listed for trading.
Investors will quickly see that this broker offers the MT4 web based and desktop trading platform, along with mobile apps. If you are looking for an MT5 broker, look here.
Standard leverage on Forex / Currency trading is 1:30 in Europe or up to 1:500 if you qualify as a professional trader. Spreads will vary based on your account type. Minimum deposit requirement for a new trading account starts at $215. Deposits can be made via; Credit Card, Klarna, iDeal, Przelewy24 or Bank Transfer via World Pay. Withdrawal times at T1 Markets is officially 5 business days.
Automated Trading Apps
WARNING! Before you start using an automated algorithm trading app, make sure to read this article.
You should know, most trading systems advertised online are worthless, and you will definitely lose money. See popular brokers that offer free trading signals, look here.
Is T1Markets a Legit Broker?
Yes, they are licensed and regulated in Cyprus by the Cyprus Securities and Exchange Commission. Officially owned and operated by General Capital Brokers Ltd (GCB), they are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 333/17.
The way Scam Broker Investigator reviews a new Forex broker to see if they are a scam or a legal broker, is by verifying the brokers government license. Once you have personally seen your brokers license, and you have verified it with your government financial regulator, then you know they are a legal broker.
Trading with a licensed broker usually means that you will not have problems withdrawing your money. For withdrawal problems and complaints, read this.
Hundreds of online brokers are all vying for your business, and there are a few brokers that have been around for many years, making them a popular choice, see here.
They offer free trading signals and have a great trading app, signup here.
What was your experience investing with T1Markets? Please share your feedback in the comment section below.