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So far so good
So far so good! tight spreads, ok execution, fast deposit/withdrawal, 1000 leverage, 30% margin stop out, 24/7 crypto trading.
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Different account types for different trading styles
I recommend the cent account to all those who are still new to trading since it only charges in cent. The standard and ECN account could work for someone who prefers long term trading. For day traders and scalpers I recommend the ECN accounts because of its low spreads. The platform accepts EAs of different strategies I have tried too and it is a reason I also recommend trading with expert advisors on N1CM
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Demo is reliable
The demo account has the tools that are available on the live account making it easy to learn proper live trading using a practice account. The broker has some tight money management policies and it also assures information privacy for its clients. Support is active and the broker grants withdrawals the same way it is processed
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Risk management practices are importantThe leverage is quite high and…
The leverage is quite high and flexible. It could be as low as 1:25 and it could also be as high as 1:100. The broker does not grant 1:1 leverage and that is why I am of the opinion that traders need to master risk management practices
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Diverse ways of depositing
The brokerage firm has one of the widest deposit and withdrawal varieties that I have ever seen with a broker. It accepts bank cards, cryptocurrency, bank transfers, e-wallets and many other ways. The transaction cost varies from a few pips to a few dollars. Choosing which works best for one is easy because of the variety
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More than one account base currency
The trading conditions are okay. The execution of trades is usually fast and the broker accepts different types of stops and limits orders. The speed of the transactions also makes placing trades at the exact point I need them to be possible. The slippages are very minimal and sometimes when the slippages happen it might fill in my orders at different price points but this is a rare phenomenon. It offers different base currencies but the base currencies cannot be changed after the account has been created. To have another base currency one has to create another account with the base currency one desires. What I am saying is that traders can have more than one base currency account currency at once.
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Learning and growing
Blew my account the first time I tried trading. After taking time to learn and practice with the demo account, I developed a reliable strategy and deposited money in my live account again. My results have improved even though I am not in the best state I wish to be yet
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PAMM works with a good manager
In my search for a reliable copy trading platform, my friend introduced N1CM to me as a trusted firm. I was able to register within minutes and I am in my first month of investment already. The result for the first and second week has been fine. I will write more comments as time goes on
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Making informed trading decisions
Provides forex and some other CFDs with reliable indicators and drawing tools. The metatrader 4 has more than 50 built-in indicators and drawing tools. Analytical objects can be overlayed on top of one another without disorganising the chart or past analysis
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Tight spreads
N1cm accepts ea trading, support hft, recommend