When it comes to trading with CFDs on multiple assets, there are multiple brokers in the trading industry but it is important to identify the right platform for consistent profits in the market. In line with the above information, T1 Markets is an online CFD trading platform where clients can choose from multiple assets such as stocks, commodities, cryptos, indices, and forex currencies.
It was launched under General Capital Brokers Ltd with a registration number of HE345774. The platform is regulated and authorized by the Cyprus Securities and Exchange Commission under the license number 333/17.
How to Start with T1Markets
To begin trading with the platform, traders have to open an account which would usually take about 30 minutes to complete registration and verification. Once the initial process is complete, traders will have to choose from three different types of accounts, depending on their financial and professional needs. Each account can be open as Silver, Gold, and Platinum. As expected Gold and Platinum have more benefits than their Silver Counterpart.
Additionally, T1Markets also has a retail type and professional type of account. The professional account receives better leverage, and the retail account has a limited leverage offering. The breakdown of the various accounts are listed below:
Silver
Deposit commission: 0%
Floating Spreads starting from 0.07
Leverage up to: 1:30 (Retail), 1:200 (Professional)
Dedicated Account Manager: Yes
Fifth Decimal: Yes
Swap Discount: None
Gold
Deposit commission: 0%
Floating Spreads starting from 0.05
Leverage up to: 1:30 (Retail), 1:400 (Professional)
Dedicated Account Manager: Yes
Fifth Decimal: Yes
Swap Discount: 25%
Platinum
Deposit commission: 0%
Floating Spreads starting from 0.03
Leverage up to: 1:30 (Retail), 1:500 (Professional)
Dedicated Account Manager: Yes
Fifth Decimal: Yes
Swap Discount: 50%
T1Markets Financial Products and Trading Platform
As mentioned earlier, T1Markets covers a spectrum of financial products that covers cryptocurrencies, Commodities, Stock, Indices, and Forex currencies. The total number of CFDs available on assets is currently over 350, which indicates that every class of assets has a wide range of options for the traders. Besides a wide range of CFDs, T1Markets also provides the best trading platform for its clients.
T1Markets have incorporated MetaTrader4 on their platform while avoiding other sub-standard platforms. MetaTrade4 is an extremely popular software used by traders all around the world, and traders are able to use multiple time frames and market indicators to properly analyze the price direction of their desired assets. Both the website version and mobile trader option is available for T1Markets users. The mobile trader options allow traders to set up their buy/sell orders on the go, which is extremely convenient for multiple reasons.
Educational Content on T1Markets and Security
Alongside its primary trading platform, T1Markets also provides strong educational information on the trading market. With articles ranging from trading with CFDs to courses explaining the basic techniques of market strategy, the education section of the platform is a competent part of T1Markets. The cherry on top is the fact that the complete education section is free for everyone. Non-customers can visit the website and access the information library as well.
With respect to security and transparency, T1Markets regulation and license under CySEC make a big difference. It is a reputed Commission under the European Union without any recent issues regarding exchange or platform breach. The platform encryption also serves as anti-hacker protection, protecting all customer and trade information.
Deposit, Withdrawal, and Fees
In order to attain convenience for their respective clients, T1Markets has a variety of payment options for depositing and withdrawing capital from their trading accounts. While the usage of debit card, credit card is allowed, other feasible options such as Skill, VPay, DECTA, Wirecard, Neteller, etc. Withdrawal can take up to 3-5 days to reflect in the trader’s bank account.
With respect to fees, there is no deposit and withdrawal charge unless the transaction is worth less than 100 EUR. However, it is extremely minimal, ranging between 2-3%.
Verdict
The overall review of T1Markets is positive even though the broker platform is fairly new. The availability of multiple asset classes under one platform is a huge benefit. The security aspect and legitimate regulation under CySEC indicate transparency and safety of capital funds. While there are some limitations to the Silver account type, it is important to note that such an account type is a better option for a beginner who is just entering the space. With the wide range of educational content on trading and the larger financial industry, T1Markets ticks out major checkboxes in the list for a reliable CFDs broker platform.
For more information, please visit their official website.
Disclaimer: This is a paid post and should not be considered as news/advice.
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