Getting started with T1 Markets is super simple. First, you need to head to the broker’s website and select the ‘open account’ option. You’ll then just be asked your name, phone number and email in order to get started. You’ll also need to confirm that you’re over 18 and agree to the terms and conditions.
Once you’ve done that, you need to verify your T1 Markets account. You can do this by providing a copy of an identity document, such as your passport or driver’s license. T1 Markets is legally required to do this in order to make sure you are who you say you are. This helps the broker prevent underage trading and financial crime like money laundering.
Once you’ve signed up and verified your account, you can enjoy trading over 30 crypto CFDs on the MT4 platform via your T1 Markets account.
At the moment, T1 Markets doesn’t currently have any bonus offers available to new users.
The T1 Markets website itself is very well designed and easy to navigate. It has a really helpful education centre which provides a wide range of resources you can use to develop your trading knowledge, and all the info you need to know about its services is easily available.
Trading on T1 Markets takes place via the MetaTrader 4 platform, and you can choose to use the web, desktop or mobile app platforms. MT4 is one of the most widely used third-party trading platforms and features a wide range of advanced trading tools. While it can seem a little intimidating to beginners, it’s fairly easy to use once you get to grips with the platform.
Our T1 Markets review found you can use the broker to trade over 30 cryptocurrencies. All the main ones are available, but for certain altcoins you may need to use a different broker. One of the plus sides of T1 Markets in terms of usability is that it has high crypto liquidity so you can use it during times of high trade volume.
T1 Markets offers several accounts for traders to choose from. There are three variations of the main account – Silver, Gold and Platinum. The main way in which these accounts differ are the spreads and leverage.
Silver accounts have spreads starting from 0.07, Gold accounts have spreads from 0.05, while Platinum accounts have spreads from 0.03. In terms of leverage, the max for Silver accounts is 1:200, for Gold it’s 1:400, and for Platinum, it’s 1:500. If you want a Gold or Platinum account, you’ll need to complete the questionnaire when you sign up and T1 Markets will decide based on your trading experience.
Another option is the T1 Markets Professional account. This has several advanced benefits, including ultra-tight spreads, 100% margin call level, 15% stop out and a personal account manager. In order to get this account, you’ll need to prove your trading knowledge by completing the T1 Markets registration question.
Our T1 Markets review found the broker also offers an Islamic trading account. This is designed to comply with Shariah Law and does so by not charging any swap or rollover interest on overnight positions. The Islamic account has up to 1:40 leverage and an average execution speed of 0.07.
T1 Markets offers trading via the popular MetaTrader 4 (MT4) third-party platform. MT4 is one of the most widely used trading platforms in the world and is specifically designed for forex trading forex but it’s also suitable for assets like crypto and commodities..
There are three ways you can trade on MT4 via T1 Markets – on the MT4 WebTrader, the desktop platform, and the MT4 App. The WebTrader platform allows you to instantly trade on MT4 via a browser without having to download any software. The WebTrader offers the full functionality of the downloadable version of MT4. The main difference is that the web version is more reliant on internet connection speed and consumes a lot of internet and CPU usage.
If you want to trade on your smartphone or tablet you can download the MT4 App for free on both iPhone and Android.
Our T1 Markets review found this broker offers a very impressive range of payment methods. It accepts several different credit and debit cards, including VISA, MasterCard and Maestro, but what’s really impressive is the range of alternative payment methods.
You can deposit and withdraw using the popular e-wallets Skrill and Neteller, which provide a very fast, simple and secure way of making payments into your T1 Markets trading accounts. Other accepted payment methods include SafeCharge, MIR Limited, Wirecard, Decta, Payvision, Orangepay, Trustly, Emerchantpay and Paysafe. With so many options to choose from, T1 Markets has a payment method to suit virtually all types of traders.
One of the best things about T1 Markets is that there aren’t any fees whatsoever for depositing and withdrawing from your account! This means payments at this broker are much cheaper than at some others. Withdrawals can take up to five working days to reach your account depending on your chosen withdrawal method. E-wallets like Skrill and Neteller typically offer the fastest payout times.
Customer service is one of the main things you should look for when choosing a crypto broker. After all, it’s important to be able to get the help you need when you need it. We’re glad to report that our T1 Markets review found the broker’s customer service to be very impressive.
There are four ways you can get in touch with the T1 Markets support team – phone, contact form, email and live chat. Phone and live chat are the quickest ways of getting in touch – you can call them on +80040408888 and access the live chat option within your account.
The email contact is email@example.com, or you can fill out a contact form from the ‘contact us’ section of the T1 Markets website. If you choose the contact form option you just need to provide your name, email address and then write your message.
The T1 Markets support team is available from 07:00 – 18:00 GMT, Monday to Friday. We tested the customer support via each of the four methods and found them to be responsive, friendly and helpful on each occasion.
You don’t just need to take our word for it, either. T1 Markets has also been named as the broker with the Best Customer Service at the ADVFN International Finance Awards 2021, which proves how well this broker treats its users.
T1 Markets is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 333/17. CySEC is one of the world’s leading governing bodies when it comes to licensing financial trading companies and T1 Markets is therefore a safe and secure platform to use.
The CySEC license means T1 Markets abides by the guidelines set out by the governing body. For example, this means that the broker uses industry-standard data encryption to ensure your account and personal information are kept secure. It also means that you will be compensated in the unlikely event that anything ever happened to the broker which affected your funds.
Our T1 Markets experience and rating guide found it has even won the Most Trusted Broker award from the 2020 World Financial Awards, so you can certainly trade in confidence when you use this broker.
One of the areas in which T1 Markets really stands out is its educational offering. In fact, it picked up the award for Best Forex Education Provider at the 2020 World Finance Awards. This is thanks to its Education Centre which features a fantastic selection of resources.
With articles, courses and ebooks, T1 Markets offers a wealth information that’s perfect for beginner traders. For example, you can learn all about different trading instruments, their associated fees, and trading strategies.
The T1 Markets Education doesn’t just cater to beginners, though. There’s also plenty of useful material that experienced traders can use to inform their trading. These include earnings reports on major market players, an economic calendar, and even trade ideas based on technical analysis of fund managers, hedge funds, central bunks and other key financial institutions.
Our T1 Markets review found it isn’t only a good choice for crypto traders, as it also offers a variety of other markets. These include forex, commodities, stocks and indices, so it’s definitely a versatile platform that’s ideal if you’re interested in a range of different instruments.
As T1 Markets is a CFD broker, you can trade with leverage, meaning you can trade with increased capital that’s effectively borrowed from the broker. The maximum leverage you can trade with varies from asset to asset – it’s 1:2 for cryptocurrencies, 1:5 for stocks, 1:10 for commodities, 1:20 for indices and 1:30 for forex pairs.
It’s also worth mentioning some of the other awards T1 Markets has picked up. For example, it picked up the World Forex Award for Best CFD Broker in 2020. It has also been named as the Best Crypto Broker by Brokercheck and the 2020 Forex Awards, so it’s clear that this is a highly regarded platform.
T1 Markets certainly has a lot to offer cryptocurrency traders. With over 30 cryptos to trade as CFDs, including the main cryptos alongside exotic altcoins, there’s a good variety on offer. The spreads and swap charges are competitive, and the broker offers high liquidity – two vital points for crypto traders.
Beyond that, we really like T1 Markets’ educational offering. With a fantastic range of resources, there’s plenty for both beginners and more experienced traders to learn. Other benefits of choosing this broker include a wide range of payment methods, a choice of several accounts and helpful customer service.
T1 Markets is also a regulated broker licensed by CySEC, so you can trade crypto in confidence. Overall, we think T1 Markets deserves to be mentioned among the best crypto brokers.