N1CM vs FXOpen

N1CM vs FXOpen Comparison Table 2023
N1CM FXOpen
WINNER
N1CM is the better broker
3.3

N1CM is #35 in our broker rankings.

3.7
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Number One Capital Markets, or N1CM, is a leveraged CFD broker with tier-one liquidity providers and 211 ms execution speeds.

FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.

Pros
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Full range of investments
  • Demo account
  • MT4 integration
  • Strong regulatory oversight
  • Multiple payment methods
  • Bonuses & trading contests
  • Full range of investments
  • Copy trading (global traders)
  • Low minimum deposit (global traders)
Cons
  • Weak regulatory oversight
  • Inactivity fee
Awards
  • Best Forex & CFD Trading Platform 2022
  • Best Customer Service 2021
  • Best Forex & CFD Trading Platform 2021
  • Best Forex & CFD Trading Platform 2020
  • Best Forex Execution 2020
  • Best Customer Service 2020
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
Bonus
35% Welcome Deposit Bonus
Instruments
Forex, Indices, Commodities, Shares, Cryptocurrencies, Metals Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares
Demo Account
Yes Yes
Minimum Deposit
$5 $1 Global, £300 UK
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lot
Regulator
VFSC FCA, CySEC, ASIC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs Yes (EAs)
Copy Trading
Yes Yes
Copy Trading Platform
Follow the trades of experienced users by acting on signals provided in the MetaTrader platforms. FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade supported.
Social Trading
No Yes
Trade Signals
MT4 & MT5 Yes
VPS Hosting
No Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • HKD
  • RUB
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with low fees and 1:1000 flexible leverage. Trade CFDs on currency pairs, cryptocurrencies, indices, & commodities with tight spreads
Leverage
1:1000 1:30 - 1:500 (varies by trading entity)
FTSE Spread
From 0.5 pips 0.8
GBPUSD Spread<
From 0.5 pips 0.2
Oil Spread
From 0.5 pips 4.0
Stocks Spread
From 0.5 pips N/A
Forex Trading
Major and minor currency pairs with low spreads on the MT4 and MT5 platforms. Trade major, minor & emerging forex pairs with 1:30 leverage
GBPUSD Spread
1.1 average 0.2
EURUSD Spread
0.9 average 0.2
EURGBP Spread
1.1 average 0.2
Assets
50+ 50+
Cryptocurrency
Trade a handful of cryptos against the USD with no commissions. Trade on 40+ cryptocurrency coins with 1:2 leverage (Pro clients only in UK).
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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