If you have followed the world of cryptocurrency at all, you will know that it has gained more and more traction as the years have gone by. You only need to take a look at the staggering rise of cryptos like Bitcoin and Ethereum to see that people are beginning to put their faith into digital currency.
As the value of these cryptos continues to rise, so too does the need for brokers to offer the ability to trade them. Our T1Markets review 2021 found that the broker currently offers 3 different cryptos for users to trade on the site. At present, traders can trade T1Markets Bitcoin, Ethereum and XRP Ripple. The thing is, you won’t be able to actually buy these cryptos at T1Markets. Instead, you can trade them through the use of CFDs which means you can speculate on the price movements of these digital currencies instead of owning the underlying asset.
T1Markets may not offer an incredibly diverse range of cryptos for you to trade but they do still offer you the major digital currencies like Ethereum and Bitcoin. So, if you are someone who is just looking to diversify their trading portfolio then the T1Markets cryptocurrency options available should be more than enough for you to do so.
The fees in place at T1Markets will largely vary depending on what trading account you decide to go with. Our T1Markets crypto review found that there are 3 different trading accounts to choose from that include silver, gold and platinum.
WIth the silver account users won’t have to pay any deposit or withdrawal fees on the account. In addition to this, you can access spreads from as low as 0.07. The retail leverage on the silver account is 1:30 but if you get approved for a professional account you can access leverage up to 1:200.
A gold account will see users have access to spreads as low as 0.05 and professional leverage up to 1:400. And of course, you won’t have to pay any fees for your deposit and withdrawal transactions here either. And lastly, your platinum account will have all of the above but offers you spreads starting from 0.03 and professional leverage up to 1:500.
If there is one piece of advice that we can give you, it’s to always make sure that a broker you are interested in using has been issued their trading license by a legitimate financial authority.
Our T1Markets review 2021 found that the broker has had their license issued by the Cyprus Securities and Exchange Commission. T1Markets is available in an additional 30 countries all of which have their own financial regulators. So, you can rest assured that T1Markets is a legitimate online broker that is operating completely legally.
As far as the jurisdiction of T1Markets goes, they are available to be used in a multitude of different countries. Users from Slovenia, Ireland, Switzerland, Norway, Denmark and many more countries can use the platform. Check out the regulation page to see if your country allows you to access T1Markets.
It’s important to note that T1Markets keeps all of their users’ funds in a separate trust account. This is to ensure that users’ capital will never be used to cover the debts of T1Markets in the event that the broker becomes insolvent or in any other event. Your money is completely safe on the site.
If you are someone that likes to trade in multiple markets then the options available at T1Markets should be more than enough to satisfy you. Our T1Markets review 2021 found a plethora of different trading instruments available on the site that can be traded through CFDs.
Traders can access a host of different commodities that include the likes of brent oil, corn, crude oil, coffee, cotton, gold and many more. Traders can also speculate on the price movements of metals like platinum and palladium. You can access leverage up to 50-1 on your commodity trades as well. If commodities aren’t your area of expertise you can always trade in indices as well. There are over 20 major world indices available on the T1Markets platform that include ASX 200, DOW 30, China Enterprise 40 and plenty more.
There are also plenty of stock trading options at T1Markets. Users can speculate on the price point movements of stocks such as AMD, ADOBE, Amazon, Tesla and just about any other major company from the tech and pharmaceutical sectors. And lastly, you can access over 45+ forex pairs as well. T1Markets has an extensive range of markets available on their platform to trade via CFDs so you won’t be short on options should you decide to use this broker.