Broker 1Market: a safe environment for traders
Broker 1Market positions itself as a reliable regulated broker and CFD provider in the global market. The company’s main goal is to create a safe environment for both professional traders and newcomers. To achieve this goal, 1Market offers a unique set of trading tools and conditions, as well as a modern trading platform. Traders can use the Webtrader in their browser or install the MetaTrader5 or ParagonEx applications on their devices.
Trading instruments and platforms
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Access to hundreds of trading instruments
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No slippage and requotes
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Charting tools and indicators
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Position simulator
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Convenient management
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Live chat support
Registration and licensing
Bridge Tech Ltd, registered at Suite C, Orion Mall, Palm street, Victoria, Mahe, Seychelles, owns Broker 1Market. However, the regulatory section states that all rights belong to Podora Ltd, registered in the Marshall Islands under number 107838. The broker is regulated by CySEC and holds license number 366/18.
Available markets and instruments
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Currencies
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Commodities
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Indices
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Exchange-Traded Funds
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CFDs
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Stocks
For cryptocurrency trading, a separate platform called 1Market M1ine is used. Additionally, copy trading and PAMM accounts are available.
Trading conditions on 1Market
The MetaTrader5 platform offers two types of trading accounts:
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Standard account with a deposit starting from $250, spreads from 1 point, and a $7 commission per lot.
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Zero spread package with no commission per lot, also starting from a $250 deposit.
Both packages allow leverage up to 1:500, trading with various instruments, and trading micro lots. The ParagonEx platform provides 6 types of accounts with different initial deposits.
Deposits and withdrawals
Funds can be withdrawn through the same method used for depositing. Requests are processed within 3 business days. Accepted payment methods include credit and debit cards, bank transfers. There are no fees for account transactions.
Conclusions
Broker 1Market offers various opportunities for traders and provides convenient trading platforms. It is important to note that the information regarding the broker’s registration may raise some questions and requires further investigation. Real reviews about the company’s performance can provide a more comprehensive understanding of its reliability and legality.