N1CM: account schedules, leverage tiers and withdrawal conditions

The Terms make the company the counterparty and allow slippage; the ECN label does not establish an agency-only contract.[17]

The account matrix lists 0.01 lot as the minimum trade and maximum trade sizes of 50, 100 and 200 lots for Standard, ECN and Raw respectively. It advertises free VPS access for ECN and Raw, with a dedicated manager for Raw. These size ceilings do not establish a maximum count of concurrent positions.[5]

The FAQ requests a valid government ID and address evidence dated within three months, with verification normally taking up to 24 hours. Demo accounts use virtual money, last 30 days and can be renewed on request. These are company processing estimates.[15]

The current footer excludes residents of Russia, Myanmar, the United States, Canada, the United Kingdom, Australia, North Korea, Sudan, Syria, Iran, Cuba and the UAE, as well as jurisdictions where the service would breach local rules.[1]

View full spreads & trading costs

Raw’s account page implies USD 10 per lot round turn, whereas the pricing schedule says USD 4 and a USD 10,000 minimum deposit. The latter also gives a 0.5-pip Standard EUR/USD minimum versus the account page’s 1.2-pip floor. These are unresolved schedule differences, so combining them into one all-in cost would be misleading.[7][4][2]

Swap-free status is offered on request for Standard and ECN forex majors/minors, gold and silver. An unquantified administration charge can apply after three consecutive trading days. Exotics, indices, energy and crypto are excluded. The website’s EUR/USD cash example assumes USD 0.10 per point without reconciling it to its stated lot size; it is not used here.[8]

The Terms allow inactivity charges and termination for prolonged inactivity, but do not provide a usable duration or amount. Account suspension, a recurring fee and returning the remaining balance are separate events.[17]

N1CM describes MT5 market dealing, six pending-order types, depth of market, Expert Advisors and MQL5 strategy testing. Product and server settings govern which controls are available; generic references to exchange execution, futures or options do not establish an exchange account at this broker.[6]

A separate margin schedule applies major-FX exposure bands per symbol: 0–20 lots at 1:1,000, 20–50 at 1:200, 50–100 at 1:100, 100–200 at 1:50 and over 200 at 1:25. Its worked example applies the bands marginally. Equity and volume restrictions both matter; the published tables do not fully explain their interaction.[10]

First-band product caps include gold 1:200, silver and oil 1:100, natural gas 1:50, major indices 1:200, shares 1:20 and crypto 1:10. New accounts may be limited to 1:200 during their first 14 days. Margin can increase without advance notice.[10]

The individual account pages show 50% margin call and 20% stop-out for all three accounts. The margin page instead shows call/stop-out of 80%/50% for Standard and ECN, and 70%/30% for Raw. An actual account specification is needed to settle these consequential differences.[10][2][3][4]

All trades must remain open at least 150 seconds. Early-close profits may be removed, while losses remain. EAs, news trading and gap trading are permitted subject to that rule; HFT, latency arbitrage and tick scalping are prohibited. Hedging is prohibited on bonus margin.[9]

WebTrader is described as synchronising positions with desktop and mobile access, and supplying history and account statements. The mobile page advertises order management and cached-history viewing; offline viewing does not mean an offline order can reach the trading server.[11][12]

MetaQuotes distinguishes server-held stops and pending orders from terminal-side trailing-stop updates. Closing or disconnecting the terminal stops the trailing calculation, although an already transmitted stop remains with the server. This describes platform behaviour, not an N1CM uptime guarantee.[13]

Payment-method minimums do not override account entry minimums. Card deposits are capped at USD 50,000 per transaction and e-wallet deposits at USD 100,000 daily. N1CM targets one-business-day withdrawal processing; bank or provider delivery follows. Its own standard deposit/withdrawal fees are advertised as zero, except blockchain network costs. E-wallet withdrawals are capped at USD 50,000 daily; card returns cannot exceed the deposited amount. Providers can charge separately.[14]

Withdrawal currency conversion is advertised at the interbank rate without an N1CM markup. Third-party payments are prohibited; available cash must still support open-position margin. A new payout destination can require additional verification.[14]

The FAQ instead gives a USD 10 card/e-wallet withdrawal minimum and permits an unspecified charge for withdrawal without trading. It prioritises card refunds, then e-wallets, then bank transfers when several funding routes were used. These differences need resolution against the selected payment route.[15]

Bonus trading rules prohibit the undefined “130% full margin” practice and permit credit and related-profit cancellation for abuse. The linked bonus PDF returned HTTP 404; no complete current award amount, cash conversion, turnover or withdrawal-cancellation formula was established. Credit should not be counted as freely withdrawable cash.[9][20]

The website identifies Number One Capital Markets LTD., Saint Lucia IBC 2026-00218, and expressly says it is not licensed, regulated or supervised by Saint Lucia’s FSRA. An incorporation number is therefore not a financial-services permission. No earlier entity’s licence is assigned to this contract.[16]

N1CM describes separate client-bank accounts and internal controls but does not identify a deposit insurer or an investor-compensation limit. Its compliance page promises retail negative-balance protection; the Terms qualify protection by normal market conditions and allow negative balances. The public material does not support an unconditional loss cap.[16][17]

The registered correspondence address is Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.[18]

The FAQ directs login problems to server/credential checks, connection checks, a portal password reset and then support. No authenticated emergency order-taking procedure was established. The support page’s response targets do not establish that chat or messaging can close a position during an outage.[15][19]

Formal complaints go to support. The Terms promise acknowledgement within five business days and aim for resolution within thirty, with a delay explanation if necessary. They mention possible external redress without naming an eligible scheme. The separately linked complaint policy returned HTTP 404.[17][20]

WebTrader advertises trading history and statements. Export formats, jurisdiction-specific tax forms and post-closure retrieval were not established, so statements should be retained before access ends.[11]

MT5’s published Python integration can request data and manage trading operations. N1CM does not specify a separate customer API permission model, rate limit or revocation procedure. Its VPS offer does not remove the firm’s trade-duration and prohibited-strategy rules.[6][5]

The homepage advertises copy trading and more than 500 providers, but no current provider-fee, disconnection or remaining-position policy was established from the inspected linked material. The advertised service is therefore distinct from a documented delegated-management mandate.[1]

The website’s sub-50ms average execution and 99.9% uptime figures are company claims without a stated sample, measurement period or independent report. They are not observations from live trading.[21]

The Terms page is labelled effective and updated 1 January 2025, while its footer now names the 2026 Saint Lucia registration. The legal hub’s client-agreement PDF also returned HTTP 404. These materials do not establish a dated legal migration, consent process or transfer of historic account liabilities.[17][20]