I'm trading with n1cm since last October. I just wanted to submit this review to thank them for all proficiency that they have. I didn't trust them bcz of all these bad reviews but I decided to... See more
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I'm trading with n1cm since last October. I just wanted to submit this review to thank them for all proficiency that they have. I didn't trust them bcz of all these bad reviews but I decided to... See more
Company replied
Everyone please read!!!!!!!!!!!! Resubmit your withdrawal requests and send hella emails with your payout method daily until they honor your withdrawal requests. Leaving them reviews will not solve t... See more
Company replied
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 favorabl... See more
Company replied
Don’t be fooled by the positive reviews. This company DOES NOT honor withdrawals. The people saying they received their withdrawals are liars. N1CM is a fraudulent broker. They will never pay you.... See more
Company replied
N1CM is a licensed and regulated CFD broker founded by devoted finance experts in the industry, serving its customers on a global scale in over 175 countries.
Suite T19, First Floor, Tana Russet Plaza, Kumul Highway, PORT VILA, Vanuatu
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.
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.
I haven't encountered any significant issues or complaints regarding their services.
fast execution and good margin requirements
recommend
I have used both brokers cent and standard account. Despite the cent account being beginner friendly the spreads were quite wide 0,9 pips min which drove up my spread costs. I then moved to the standard account which is slightly better and it's much preferable or my trading style. I would not want to pay commission which is why I do not opt for the ecn account because it's not spread free.
N1CM's ECN Account has proven to be a wise choice for me. With a minimum deposit of $10 and spreads starting from 0.5 pips, it provides a competitive and cost-effective trading environment. The leverage of up to 1:1000 and the ability to trade micro-lots (0.01) are features that cater well to my trading preferences.
I have been trading with N1CM and have observed their swap rates to be quite varied across different currency pairs. For instance, holding a short position on USDCHF incurs a swap rate of -4.00 , while a long position on the same pair earns a swap rate of 0.90. In comparison, GBPUSD has a slightly higher negative swap rate for both short (-1.80) and long (6.00) positions. I keep this in mind when planning my trades. Decent swap fees . Recommend
The CENT account does have a reassuring aspect.
They don't allow my account balance to go negative, which is honestly a relief for someone like me who has had their fair share of losses. It's good to know there's some level of protection in place.
my experience was fairly satisfactory One aspect that stood out to me was their customer service, which was generally good. They were responsive and promptly addressed any problems or inquines I had also was happy with the fact that they could be contacted through WhatsApp, as this provided an additional avenue for communication
I did find the variety of accounttypes somewhat overwhelming, and it took me some time to choose the best fit for my needs. Nevertheless, I understand that this diverse selection can be beneficial for different types of traders, catering to both beginners and experts with different requirements although I believe the spec on the cent and standard account are too similar
good support, i reached out to live chat recently which I thought was convienent
trading is okay in terms of execution and spreads. I have an ECN account and I know I should be getting raw spreads bu 0.5 pips to get 1:1000 leverage is fine by me
recommend
I recently tried out N1CM broker and wanted to share my experience. They offer BTCUSD crypto assets for trading , which is nice for crypto enthusiasts like me. I particularly liked the option to leverage trades, allowing for potential better returns. They also provide BTCUSD trading, which was a plus for me as I'm interested in that specific pairing.
One notable feature is their low stop out level of 30%, meaning positions are automatically closed if the account reaches a 30% loss. This helps me manage risks and protect my capital.
While their payment options may not be as traditional as some other brokers, it hasn't been a major issue for me as they support e-wallets, which I use frequently like sticpay and fasapay.
Overall, I had a positive experience with N1CM. They offer a good selection of crypto assets, leverage trading, BTCUSD trading, and a low stop out level for risk management. Despite some limitations in payment options, I found it to be a satisfying trading experience
I have use the new "closing all losing positions prompt on the MT5 mobile platform. I like that they always update their platform to create favourable trading conditions.
It has met my expectations for an above-average trading experience; they do not send me unnecessary clutter of spam. Spreads are good, and I haven't experienced any market manipulation. Keep up the good work!
I have tried lower leverages and didn't really enjoy it. Wit leverage of 1:800, it strikes a good balance, not to high or to low. It has been helpful, only thing is I had to manually change it
I have had a good trading experience with N1CM. The best part is that I can expect consistent spreads on my ECN account most of the time. It helps me plan my trades better and know my trading costs upfront.
However, I do keep in mind that when trading news events,it's important to be cautiuos. While N1CM maintains consistent spreads, unexpected market volatity can still occur during high-impact news releases. So, I make sure to implement proper risk management strategies and adjust my trading positions accordingly during these times.
As a trader with limited budget I have found N1CM's Cent Account to be quite appealing, the spreads starting from 0.9 pips are reasonably competitive, trading on the smaller timeframes may be a nightmare but for swing trading I am happy.
N1CM's dedication to providing exceptional customers support sets them apart. Whenever I have a question and guidance, I can count on a real person to assist me. Whether it's through email, phone, WhatsApp, or even social networks, their responsive and knowledgeable support team is always there to help.
Instead of manually searching for trade setups, I can rely on Autochartist to do the work for me. It's a fantastic feature that frees up my time for other essential aspect of trading.
I particularly enjoy trading forex pairs like eurusd and gbp/usd, as well as precious metals like gold and silver. Availability of multiple options allows me to diversify my portfolio and explore various market opportunities.
N1CM's ECN account feels like it was tailor-made for my success as a trader. Every aspect, from the low minimum deposit to the flexible leverage and micro lot trading, is designed to empower traders like me. I'm glad to have found a broker that truly understands my needs.
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