"Unfortunately having to write this…"

Unfortunately having to write this follow up review. Everything was great with N1CM, until yesterday while I was in a trade, their mt4 trading platform froze for me, then unfroze, then the price of the currency pair that I was trading suddenly spiked down into my stop loss making me lose the trade. I take losses with grace and see it as a learning experience as should every trader; BUT I go to look on trading view and see that this spike down never happened on TradingView, so I go to look at Yahoo charts for the same pair, also no spike down, went to look at OANDAs charts for the same pair, and again, no spike down. I contacted support asking them what happened and if I could be compensated and was pretty much told that their LP is different from other brokers and they sent a picture of the bid and ask prices during the time, and the price was still no where near my stop loss. This spike down never happened, only on N1CMs chart.

In conclusion I’ve closed my account with N1CM, and hope everyone else has a better experience, even if they are stop loss hunting. Support is still nice though so that’s why I’m giving 2 stars.

Update 2: as per the companies reply; I have fiber GB Ethernet internet, connection was not a problem at the time of the trade, as I stated already this has nothing to do with the margin call lol, it has to do with the fact that the price on N1CMs went down into my stop loss and on every single other market like OANDA, TradingView, etc. the price never went into my stop loss, or was even close to it, again THIS HAS NOTHING TO DO WITH THE MARGIN CALL, N1CMs price went way lower than the actual price on every other market. Anyways work with N1CM with caution 😁 - Removed a star for the ignorant reply by them.

"Crypto execution"

I've been a Forex trader for a while, but my curiosity led me to explore crypto a few months back. Testing different platforms, I found N1CM to be the standout. What sets it apart is the ability to trade crypto with low margin requirements, making it accessible. The platform's quick execution and reliable order processing add to the appeal. Interestingly, N1CM's crypto trading conditions are similar to popular platforms like Binance, but the key difference is the convenience of trading directly from MetaTrader. This unique blend of favorable conditions and the familiarity of MetaTrader has made N1CM my go-to choice, seamlessly integrating crypto trading into my well-established forex routine. It's become my primary platform, offering a reliable and efficient space for both forex and crypto trading.

"A Beginners Gratitude"

My name is Wayne. I'm writing this review to affirm my satisfaction with N1CM. The excellence in every facet of the company I have experienced to date is off the charts! In particular, my experience with customer service has been the best I have ever encountered. I was surprised that I could even talk to a real person. But Elizabeth is the person in particular who has gone way out of her way on several occasions to patiently help me through the sign up process and getting everthing all synched up and my account funded. Thank you N1CM, and thank you Elizabeth.

"As a news traFloating Spreads der"

As a news trader, I'm not particularly fond of floating spreads, especially when spreads tend to widen just before significant news releases, which is common across most platforms. However, N1CM offers a certain level of predictability in this regard. For instance, when trading AUD/USD on the ECN account, I know that if the spread does widen, it typically ranges from a minimal 0.7 pips to a maximum of 0.8 pips. This predictability is a valuable feature, making N1CM a good choice in my opinion for news trading, despite floating spreads.

"Grappling with Margin Calls"

Trading with this broker has been tough for me. Getting started is easy, but keeping my account in good shape is a struggle. Unfortunately, their educational resources aren’t very helpful and haven’t made much a difference. It would be great if they offered social or copy trading. I’d be willing to let someone else handle my account if that option was available. It could make a big difference.

"efficient"

N1CM's execution is excellent, especially for scalpers like me who rely n tick charts. they make it easy to start trading with low capital, which was a challenge with other platforms. N1CM has simplified my trading and made it more efficient

"Some things are a bit confusing"

I consider N1CM a broker more suited to professional traders due to their favorable trading
conditions. This is evident in the fast execution, low spreads, and modest deposit bonuses
they offer.

Their trading conditions are good:

-The average spread on the ECN account is a mere 0.5 pips.
-The commission is as low as $2.5 per side.
-The 30% stop out level allows for hedging opportunities.

However, I find it puzzling that they maintain such low minimum starting thresholds. Starting
with just $1 or $10 seems impractical for serious traders, as it's typically associated with
amateurs or gamblers. Building a sensible trading plan around such small amounts can be
challenging.

What adds to the puzzle is that the cent account, with a $1 starting amount, doesn't allow
promotions. Nevertheless, since I primarily trade on their ECN account, these minor issues
don't concern me much.

"Fast servers"

Their server operates fast, and they handle Sunday price gaps effectively. Unlike my previous broker, N1CM doesn't trigger stop orders if the price jumps beyond the set limit, even for monthly time frame orders. They are reliable and honest. Recommend.

"No spread manipulation"

They have good spreads. Placing my stoploss outside the spread range has prevented unexplained stopouts, a contrast to my past experience with them. In my view, this indicates their honesty and their commitment to not allowing hedge funds to target retail stop orders.

"Stop out level is reasonable"

I find N1CM's 30% stop-out level quite reasonable. In comparison to my previous brokers with 100% or 60% stop-outs, this lower level has proved advantageous for me. When I'm wrong, I hedge my position, reducing my margin level to zero, provided my buys and sells have the same volume. This allows me to maintain a open a hedging position provided my margin is at 60% .At this level my account would be blowing with my past brokers. It's a valuable feature for agile traders like myself