N1CM vs Kucoin

N1CM vs Kucoin Comparison Table 2024
N1CM Kucoin
3.3
3.6

N1CM is an offshore forex and CFD broker launched in 2017 and based in Vanuatu. The brand offers highly leveraged trading on nearly 100 instruments via the MetaTrader 4 and MetaTrader 5 platforms. The brokerage also offers a range of account types including a raw spread account with low commission fees, which will appeal to active forex traders.

Kucoin is a crypto exchange that offers trading on 1000+ tokens as well as leveraged trading opportunities via futures and perpetual swaps. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. Other attractive features include a demo account, flexible funding methods and DeFi features like staking and mining.

Bonus Offer
35% Welcome Deposit Bonus Welcome bonus up to 500 USDT
Comment by Reviewer
"N1CM will satisfy forex traders seeking high leverage up to 1:1000 with an offshore broker. The low $5 deposit and Cent account will appeal to beginners in particular. On the negative side, the broker's regulatory status is weak." "Users who want to make automated crypto trades on a wide range of digital currencies should Kucoin. The brand is also good for crypto staking and mining."
Pros
  • Both MetaTrader 4 and MetaTrader 5 platforms
  • Low minimum deposit and withdrawal limits
  • 1:1000 maximum leverage
  • Free educational resources
  • Welcome bonus
  • ECN execution
  • Wide list of tokens with 1000+ cryptos including many low-market-cap tokens
  • Good range of DeFi products as well as Web3 features including an NFT marketplace
  • Well-known and reputable in the crypto world
  • Leverage available via crypto derivatives
  • Possibility to earn interest on crypto by staking
  • Good customer service
  • Low trading fees
Cons
  • Paper trading only available on verified accounts
  • Not as trustworthy as alternative brokers
  • Wide spreads for the classic account
  • Weak regulatory status
  • No VPS service
  • Like many crypto firms, Kucoin is unregulated
  • Crypto exchanges are often riskier than trading through a crypto broker
  • The proprietary platform can feel complex compared to better-known terminals
  • Limited educational resources
  • Fiat withdrawals are not possible
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
Instruments
Forex, Indices, Commodities, Shares, Cryptocurrencies, Metals ETFs, Cryptos, Futures
Demo Account
Yes Yes
Minimum Deposit
$5 $0
Trading Platforms
  • MT4
  • MT5
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.0001 Lots
Regulator
VFSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
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 Yes
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
iOS & Android Yes (iOS & Android)
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes Yes
Copy Trading Platform
Follow the trades of experienced users by acting on signals provided in the MetaTrader platforms. But while actionable signals are useful, other brokers provide more user-friendly and sophisticated copy trading services. Kucoin offers copy trading via automated bots with low fees and instant deposits. The service will appeal to beginners new to crypto trading. Users can choose a suitable trader in the marketplace and select 'copy' to start mirroring positions.
Social Trading
No Yes
Trade Signals
MT4 & MT5 Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • BRL
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, stocks, commodities, indices and cryptos with leverage ranging from 1:25 to 1:1000. The average 211ms execution speeds are not as fast as our top-rated options, but the broker does provide deep liquidity and features such as negative balance protection. CFD trading not offered
Leverage
1:1000
FTSE Spread
From 0.5 pips
GBPUSD Spread
From 0.5 pips
Oil Spread
From 0.5 pips
Stocks Spread
From 0.5 pips
Forex Trading
Trade 50 major, minor and exotic forex pairs including EUR/GBP and USD/JPY. While not the widest selection of currencies, forex traders benefit from tighter-than-average floating spreads from 0.3 pips. Forex trading not offered
GBPUSD Spread
1.1 average
EURUSD Spread
0.9 average
EURGBP Spread
1.1 average
Assets
50+
Cryptocurrency
Trade leveraged CFDs on BTC, BCH, ETH, XRP and LTC in pairs with USD. The small selection does not offer much to traders who favor crypto, but there is enough for traders to dip into the sector's volatility. With well over 1000 crypto assets available, Kucoin offers a great degree of flexibility. It is excellent to see an extensive range of tokens, as this allows traders to search for lesser-known tokens with a high upside. The crypto futures and perpetual swaps are also good additions to the roster, tradeable with 1:10 leverage.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • ETH
  • BTC
  • VRA
  • LUNA
  • KCS
  • XRP
  • LTC
  • ALGO
  • TEL
  • DOT
  • ADA
  • XMR
  • AVAX
  • FTM
  • VET
  • XLM
  • LINK
  • MATIC
  • ONE
  • TRX
  • HBAR
  • ICP
  • CRO
  • EOS
  • DOGE
  • WBTC
  • ATOM
  • XDC
  • DAG
  • COTI
  • BCH
  • EGLD
  • XTZ
  • KSM
  • ETC
  • KDA
  • MANA
  • XYO
  • OMG
  • BNB
  • TRAC
  • XPR
  • RNDR
  • CWAR
  • UOS
  • FET
  • UTK
  • IOTX
  • XHV
  • TRIAS
  • CTSI
  • SOUL
  • BAND
  • STX
  • DERO
  • CHR
  • ZEC
  • FXS
  • HTR
  • ZCX
  • FLOW
  • OLT
  • MTV
  • ABBC
  • XDB
  • FKX
  • NEAR
  • ATA
  • KLV
  • PYR
  • PPT
  • OPCT
  • DFI
  • CRPT
  • LRX
  • PRE
Crypto Lending
No Yes
Crypto Mining
No Yes
Crypto Staking
No No
Auto Market Maker
No No
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