N1CM Account Types

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Ryan Hardy sitting before his forex trading desk
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N1CM offers 3 major accounts: Cent, Standard, ECN Account

Below is the full list of account types offered by N1CM:     

  • Cent Account
  • Standard Account
  • ECN Account

N1CM Cent Account: Best for Beginners

N1CM Cent Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features:

  • Applicable For: Applicable to traders of all jurisdictions. 
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments: Forex, stocks, oil, metals, commodities, and cryptocurrency CFDs
  • Trading Platforms: Mt4
  • Minimum Deposit:  $1
  • Maximum Leverage: 1:1000
  • Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.9 pips. A rollover commission is applied on open positions overnight.
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 50 Lots 
  • Funding Currencies: USD/EUR
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 30%
  • Margin Call Level: 100% 
  • Negative balance Protection: Yes 
  • Investor Protection:  No investor protection is Available. 

Standard Account

Key Features:

  • Applicable For: Applicable to traders of all jurisdictions. 
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments: Forex, stocks, oil, metals, commodities, and cryptocurrency CFDs, 
  • Trading Platforms: Mt4, MT5
  • Minimum Deposit:  $10
  • Maximum Leverage: 1:1000
  • Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.8 pips. A rollover commission is applied on open positions overnight.
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 50 Lots 
  • Funding Currencies: USD/EUR
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 30%
  • Margin Call Level: 100% 
  • Negative balance Protection: Yes 
  • Investor Protection:  No investor protection is Available.

ECN Account

Key Features:

  • Applicable For: Applicable to traders of all jurisdictions. 
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments: Forex, stocks, oil, metals, commodities, and cryptocurrency CFDs, 
  • Trading Platforms: Mt4, MT5
  • Minimum Deposit:  $10
  • Maximum Leverage: 1:1000
  • Trading Fees: Commission $2.5 per lot size. Variable spreads from 0.5 pips. A rollover commission is applied on open positions overnight.
  • Minimum Trade Size: 0.01 lot. 
  • Funding Currencies: USD/EUR
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 30%
  • Margin Call Level: 100% 
  • Negative balance Protection: Yes 
  • Investor Protection:  No investor protection is Available.