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Fair Pricing
I find the ECN at N1Capital Markets appealing for trading indices and commodities, thanks to their transparent 5-6 US$ per side per lot commissions. Additionally, the absence of commissions on cryptocurrency trading across all account types adds the broker's attractiveness. These fee structures simplify my trading decisions and provide a clear understanding of costs, contributing to a positive trading experience with N1CM.
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1 just wish that N1CM's analysis tools…
1 just wish that N1CM's analysis tools could offer more advanced features to cater to experienced traders like me. As someone who's been in the trading game for a while, having reliable tools and strict regulation are my main priorities
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my tenure without disruptions
Throughout my experience with N1CM, I've not faced any suddent outages, which is really important for traders like me who operate within a single day. However, I've noticed that their market analysis tools could be more helpful if they were updated more often
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Spread concern
I really caught my eye how easy it was to get start on number 1 capital markets Cent account, but the 0.10 minimum lot size and 0.9 pips spread raise concern. The Standard and ACN account offer better practicallity, with their favorable spreads and transparent commisions. The ACN Accounts 4 USD commisions for Forex trades, while absent in others account types, is balanced by its tight spreads. AS for assetsassets, trading XAUUSD on the ECN Account makes sense with its similar spreads and clear commisions structure.
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I will give it another chance but
I had some trouble with my deposits two times, but I know this can happen with any trading setup. One thing I think N1CM could make better is how you set points to stop or take profits on the standard account, i dont assume this is an issue on ECN accounts. On Standard Account sometimes, the trading screen would suddenly stop working, and this messed up my decisions. Also, there were times when the connection to the trading server wasn't very steady, and this caused the prices on the screen to be wrong now and then, This made it harder to plan my trading moves
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Competitive spreads
I found it to be a reput able brokerag that offers competitive spreads and margin requirement. However, AS a trader with religious belifies that prohibit engaging in swap transactions. I was disappointed to discover the abscense of a swap free option. I would recommend N1CM for non shariah traders
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In good care
As a beginner i feel like i'm ini good Handa with N1CM The Broker gave me the free Autochartist tool. It has been valueable resource for me as it helps identify potential trading opportunities and provides valuable insights in to the market
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Changing policies
While my initial experience with their 10:1000 leverage option was promising, I became somewhat conflicted as my account balance increased. The broker gradually decreased the leverage and increased the margin requirement, which left me unsure about how to feel about their changing policies.
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Tighter spread
I opted for N1CM's ECN Account, and it has been an excellent fit for my trading style. While there are other accounts with no commission, this particular one meets all my requirements perfectly. The spreads offered on major forex pairs which are the ones I primarily trade, are satisfactory 0.5pips on EURUSD and the commission is only $2.50 per lot.
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reliable
I haven't encountered any significant issues or complaints regarding their services. fast execution and good margin requirements recommend