Connect with us

news

T1Markets: The Newest Broker Put To The Test

T1Markets is a relatively new CFD and forex broker based in Cyprus. It offers a wide selection of asset classes. T1Markets differentiates itself from its competition with a large choice of (more than 30) cryptocurrencies. T1Markets offers the following asset classes:

T1Markets is a relatively new CFD and forex broker based in Cyprus. It offers a wide selection of asset classes. T1Markets differentiates itself from its competition with a large choice of (more than 30) cryptocurrencies. T1Markets offers the following asset classes:

  • More than 45 forex pairs
  • More than 45 stocks
  • More than 30 cryptocurrencies
  • More than 20 raw materials
  • More than 20 indexes
  • 3 metals

Using the platform

The platform impresses with a very modern and intuitive design. You immediately get the gist of using it, and could start trading right away after sign up and verification. Verification requires a photo-ID, after which you have to answer a few questions and you’re good to go. T1Market offers a wide selection of training material, which you should ideally make use of in case you’re a beginner.

The account types

T1Markets offers three different types of accounts with different properties, silver, gold and platinum. You can choose which type of account you’ll open based on your payments, capital and your trading behavior. There’s also a demo account for those wanting to test the platform or try trading with no risks. This is especially interesting for beginners. Another advantage of the platform is that it’s multilingual. T1Markets offers 7 languages to choose from.

As soon as you register, you receive a call from the customer support to help you select the right account for you:

Silver:

  • Free Virtual Private Server (VPS): No
  • Swap discount: 0 %
  • Spread: 0.07
  • Leverage: 1:200

Gold:

  • Free VPS: Ja
  • Swap discount: 25 %
  • Spread: 0.05
  • Leverage: 1:400

Platinum:

  • Free VPS: Ja
  • Swap discount: 50 %
  • Spread: 0.03
  • Leverage: 1:500

Interface

Accessing the T1Markets platform is easily done with the classic software MetaTrader 4. MetaTrader 4 (MT4) is the most widely used trading software and is used by multiple brokers. Additionally, you can access MT4 via a web-interface, the Webtrader, which allows for a lot of flexibility. With the mobile app you can even check prices and execute trades on the go.

Deposits and withdrawals

T1Markets supports deposits from:

  • Visa / Mastercard
  • Neteller
  • Skrill
  • Wirecard
  • DECTA
  • Orangepay
  • Trustly
  • VPay

Deposits are credited instantly with no fees. The minimum depost is 250 Euros. Withdrawals can take up to 5 days, and fees might apply in certain circumstances.

>>Klicke hier um mit dem Traden loszulegen<<

Security and regulations

As akready mentioned T1Markets is based in Cyprus, and is subject to the local financial market authority known as the Cyprus Securities and Exchange Commission (CySEC). T1Markets operates under license number 333/17, dated on the 10th of August 2017. Through CySEC T1Markets is subject to strict regulations and fully conforms with EU law.

T1Markets is also a member of the Investor Compensation Fund (ICF). The latter protects the customers’ funds up to a value of 20,000 Euro. This puts T1Markets in a great position when it comes to security and regulations.

Customer service and support

T1Markets has a reliable customer service. The customer service center takes calls from Monday to Friday from 8:00 am to 6:00 pm. Reaching out via live-chat or e-mail are also possible.

How does T1Markets earn money?

T1Markets doesn’t charge fees on trades, however the company still needs to generate revenue. This is done from the spreads, which is the difference between the bid and the ask price. The spread depends on the asset and on the type of account of each user. There’s also so called swap fees charged for holding positions open over night. These also depends on the account type (see above).

Conclusion

T1Markets is a modern broker offering a medium sized selection of assets. It’s especially convenient for crypto lovers, as it offers a decent amount of cryptocurrencies. Due to their safe regulation and security T1Markets is worth taking a look at.

>>Klicke hier um mit dem Traden loszulegen<<

In order to support and motivate the CryptoTicker team, especially in times of Corona, to continue to deliver good content, we would like to ask you to donate a small amount. Independent journalism can only survive if we stick together as a society. Thank you

Nexo – Your Crypto Banking Account

Instant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.

Ad

This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission – but the prices do not change for you! 🙂

Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future. 

Posted By

Lukas Mantinger


Lukas is a writer at CryptoTicker.io and he is involved in blockchain technology since 2017.

You might also like

More from Cryptocurrency Exchanges

Continue Reading
Advertisement

news

RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:

BTCUSD, ETHUSD, BCHUSD, DSHUSD, LTCUSD, and XRPUSD.

The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).

 

Continue Reading

news

Local bitcoin Trader Jailed for Money Laundering

Indicted: Local bitcoin Trader Jailed for Money Laundering

Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison.

She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.

money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.

Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.

The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.

Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.

Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.

She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.

According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.

The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.

Just One of Many

That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.

One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.

Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.

He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.

Article Originally Published:

By ELIZABETH GAIL at Coincentral

 

Continue Reading

news

Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.

 

Why You Need to Get Onboard With Blockchain!


Why You Need to Get Onboard With Blockchain!


Visit bitfortune.net . for more interesting Infographics

Guys did an amazing job and was allowed to share.


 

Continue Reading

Trending