Unfortunately having to write this follow up review. Everything was great with N1CM, until yesterday while I was in a trade, their mt4 trading platform froze for me, then unfroze, then the price of the currency pair that I was trading suddenly spiked down into my stop loss making me lose the trade. I take losses with grace and see it as a learning experience as should every trader; BUT I go to look on trading view and see that this spike down never happened on TradingView, so I go to look at Yahoo charts for the same pair, also no spike down, went to look at OANDAs charts for the same pair, and again, no spike down. I contacted support asking them what happened and if I could be compensated and was pretty much told that their LP is different from other brokers and they sent a picture of the bid and ask prices during the time, and the price was still no where near my stop loss. This spike down never happened, only on N1CMs chart. In conclusion I’ve closed my account with N1CM, and hope everyone else has a better experience, even if they are stop loss hunting. Support is still nice though so that’s why I’m giving 2 stars. Update 2: as per the companies reply; I have fiber GB Ethernet internet, connection was not a problem at the time of the trade, as I stated already this has nothing to do with the margin call lol, it has to do with the fact that the price on N1CMs went down into my stop loss and on every single other market like OANDA, TradingView, etc. the price never went into my stop loss, or was even close to it, again THIS HAS NOTHING TO DO WITH THE MARGIN CALL, N1CMs price went way lower than the actual price on every other market. Anyways work with N1CM with caution 😁 - Removed a star for the ignorant reply by them.

I've been a Forex trader for a while, but my curiosity led me to explore crypto a few months back. Testing different platforms, I found N1CM to be the standout. What sets it apart is the ability to trade crypto with low margin requirements, making it accessible. The platform's quick execution and reliable order processing add to the appeal. Interestingly, N1CM's crypto trading conditions are similar to popular platforms like Binance, but the key difference is the convenience of trading directly from MetaTrader. This unique blend of favorable conditions and the familiarity of MetaTrader has made N1CM my go-to choice, seamlessly integrating crypto trading into my well-established forex routine. It's become my primary platform, offering a reliable and efficient space for both forex and crypto trading.

My name is Wayne. I'm writing this review to affirm my satisfaction with N1CM. The excellence in every facet of the company I have experienced to date is off the charts! In particular, my experience with customer service has been the best I have ever encountered. I was surprised that I could even talk to a real person. But Elizabeth is the person in particular who has gone way out of her way on several occasions to patiently help me through the sign up process and getting everthing all synched up and my account funded. Thank you N1CM, and thank you Elizabeth.

As a news trader, I'm not particularly fond of floating spreads, especially when spreads tend to widen just before significant news releases, which is common across most platforms. However, N1CM offers a certain level of predictability in this regard. For instance, when trading AUD/USD on the ECN account, I know that if the spread does widen, it typically ranges from a minimal 0.7 pips to a maximum of 0.8 pips. This predictability is a valuable feature, making N1CM a good choice in my opinion for news trading, despite floating spreads.

Trading with this broker has been tough for me. Getting started is easy, but keeping my account in good shape is a struggle. Unfortunately, their educational resources aren’t very helpful and haven’t made much a difference. It would be great if they offered social or copy trading. I’d be willing to let someone else handle my account if that option was available. It could make a big difference.

N1CM's execution is excellent, especially for scalpers like me who rely n tick charts. they make it easy to start trading with low capital, which was a challenge with other platforms. N1CM has simplified my trading and made it more efficient

I consider N1CM a broker more suited to professional traders due to their favorable trading conditions. This is evident in the fast execution, low spreads, and modest deposit bonuses they offer. Their trading conditions are good: -The average spread on the ECN account is a mere 0.5 pips. -The commission is as low as $2.5 per side. -The 30% stop out level allows for hedging opportunities. However, I find it puzzling that they maintain such low minimum starting thresholds. Starting with just $1 or $10 seems impractical for serious traders, as it's typically associated with amateurs or gamblers. Building a sensible trading plan around such small amounts can be challenging. What adds to the puzzle is that the cent account, with a $1 starting amount, doesn't allow promotions. Nevertheless, since I primarily trade on their ECN account, these minor issues don't concern me much.

Their server operates fast, and they handle Sunday price gaps effectively. Unlike my previous broker, N1CM doesn't trigger stop orders if the price jumps beyond the set limit, even for monthly time frame orders. They are reliable and honest. Recommend.

They have good spreads. Placing my stoploss outside the spread range has prevented unexplained stopouts, a contrast to my past experience with them. In my view, this indicates their honesty and their commitment to not allowing hedge funds to target retail stop orders.

I find N1CM's 30% stop-out level quite reasonable. In comparison to my previous brokers with 100% or 60% stop-outs, this lower level has proved advantageous for me. When I'm wrong, I hedge my position, reducing my margin level to zero, provided my buys and sells have the same volume. This allows me to maintain a open a hedging position provided my margin is at 60% .At this level my account would be blowing with my past brokers. It's a valuable feature for agile traders like myself

After trading in both N1CM's cent account and ECN account, i've noticed that the floating spreads on the cent account can be a hidrance. There were time 1 missed my TP and loses positions prematurely. The ECN account, on the other hand is more precise, consitenly triggering where i set my limits. In my opinion, the ECN account offers a better trading experience.

the swift and lenient verification process appealed to me, it allowed me to start trading quickly. i chose the ECN account for tighter spreads, and $2.50 per side commission made it even more cost-effective. trading with N1CM is affordable.

I have used both the N1CM standard account and the ECN account, and the main difference is in the commission. The standard account has spreads starting from 0.8 pips, which is good. However, with an ECN account, I may get tighter spreads starting from 0.5 pips, but there is a catch – this account charges a commission of $2.50 per lot. Because of the commissions, I chose the standard account because I make a lot of trades per day, and it helps me keep my trading costs lower.

N1CM is a good broker in my book but I have concerns about their leverage system. When my account equity is low, it means I'm taking on more risk. This is particularly true when I'm trading with a 1:1000 leverage and my balance is below 1k because the minimum margin required is only 0.1%. It's crucial to be disciplined and cautious in such situations, as it's easy to wipe out my account if I don't manage risk properly

When I started with N1CM, I was cautious about the risk. But when I learned about their graduated margin requirement I felt much safer trading to my full potential. With higher leverage, the minimum margin rises proportionally. For 1:1000 leverage, it's just 0.1%, meaning I use only $10 margin for every $100. It's decent safety feature for risk-conscious trader like me

I exlusively swing tirade wih N1CM on fuRusi becaurse it has no swap cocts on the short poston and a rebafvely lower negafiyn swap rate on tha long pastion (-f 00 pants), making t oost-emectve. Gecaxsionally, Iconsider ALCUSD wth its manageabie swap rates. 1 avoid E URTRY, GEPTRY, and USDTRY due to their high swap

I've found N1CM's Autochartist tool to be quite useful for volatility analysis, especially in the lead up to the New York open. Just before the market open in New York. I rely on the Autochartist to scan the chart and identify potential volatility-inducing patterns and price levels. This tools not only saves me time but also helps me more informed trading decision.

I had a good experience with N1CM, but I believe there are areas where they can improve. Let me share both the positive aspects and the areas of improvement I observed during my time with them. Pros: 1.Quick Account Deposit: One of the notable advantagesI can commend N1CM is the speedy account deposit process with cryptocurrencies, taking only 5-10 minutes. 2. Easy Account Setup: Setting up an account with N1CM is a breeze, making it convenient for new users. 3) Hedging Permitted: N1CM's policy of allowing hedging gives traders greater flexibility in managing their positions. Areas of Improvement: 1) Slow Withdrawals: One area where N1CM can enhance its services is in improving the speed of withdrawals, which seem to take longer regardless of the method used. 2) Chat Support Availability: N1CM's chat support is not available 24/7, and there were instances when they were offline when urgent queries needed immediate attention. Timely support is essential, especially when it comes to withdrawal-related issues. 3) Leverage Change Process: Requesting a leverage change through chat support, followed by a potential 30-minute wait, could be streamlined by allowing me to do it directly from my dashboard for a smoother user experience. 4) Withdrawal Speeds: While N1CM emphasizes quick deposits on its website, it would be beneficial to transparently mention the expected processing times for withdrawals, especially for crypto deposits and withdrawals. My withdrawal always arrive in different time spans Overall, my experience with N1CM had some positives, such as quick deposits and account setup, as well as the option for hedging. However, the slow withdrawals are areas of concern for me, prompting me to explore other brokers for better experiences. I hope N1CM takes these points into consideration and improves its services to provide a more satisfying trading experience for its users.

I primarily use the ECN account for trading GBPUSD and EURUSD due to its relatively tighter spreads. For EURUSD, the ECN account has a minimal spread of 0.5 (min) and 0.6 (avg) pips, while GBPUSD has spreads of 0.7 (min) and 0.9 (avg) pips. The only drawback is the additional slight spread plus commission structure, which could be improved by eliminating one of them. I would say for their ECN account they are better off giving me raw spreads and taking a slightly higher commissions.

I've traded gold with several brokers, and i've found its generally more suitable for swing trading due to potential long-term holding potential gains. But, I've noticed that N1CM offers more favorable swaps on XAUUSD compared to many other pairs. With a 2.50-point positive swap on the long side and only - 7.00 points on the short side, it's become one of my cost-effective choices for trading gold.