
Account Type | Minimum Deposit |
📊 Standard Account | $250 (3,860 ZAR) |
📊 ParagonEx Mini Account | $500 (7,700 ZAR) |
📊 ParagonEx Standard Account | $1,000 (15,460 ZAR) |
📊 ParagonEx Gold Account | $5,000 (77,280 ZAR) |
📊 ParagonEx Platinum Account | $10,000 (150,460 ZAR) |
📊 ParagonEx Diamond Account | $50,000 (770,280 ZAR) |
📊 ParagonEx VIP Account | $100,000 (1,545,730 ZAR) |
Choose your quick section of our 1Market Account Types below.
1Market Account Types – 8 key points quick overview:
Overview
Account Types
Account Features
- Demo Account
- Islamic Account
- 1Market at a glance
- 1Market Pros and Cons
- Frequently Asked Questions
Min Deposit
USD 250
Regulators
CySEC
Trading Platform
MT5, ParagonEx WebTrader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
1Market is regulated and authorised by CySEC in addition to having the authorisation from several entities to operate in Europe, offering services and solutions to EEA regions.
Overview
1Market is a new broker that was established in 2025, owned and operated globally by Podora Limited, an entity that is registered in the Marshall Islands under the number 107838. 1Market is regulated and authorised by CySEC in addition to having the authorization from several entities to operate in Europe, offering services and solutions to EEA regions.
1Market is known for providing a choice in flexible account types, each with unique features that will cater for different types, styles, and experience levels of different traders. 1Markets offers a wide range of tradable financial instruments spread across different asset classes including commodities, forex, shares, and others.
Traders are granted access to either ParagonEx WebTrader or MetaTrader 5, each with their set of account types. The fees that are charged by 1Market are on a transparent schedule that can be accessed on the official website of the broker.
Account Types
1Markets offers the following account types that are spread between ParagonEx (6) and MetaTrader 5 (2):
️ ParagonEx Mini Account
️ ParagonEx Standard Account
️ ParagonEx Gold Account
️ ParagonEx Platinum Account
️ ParagonEx Diamond Account
️ ParagonEx VIP Account
️ MetaTrader 5 Standard Account
️ MetaTrader 5 Zero Spread Account
Min Deposit
USD 250
Regulators
CySEC
Trading Platform
MT5, ParagonEx WebTrader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Account Features
ParagonEx Mini Account
This entry-level account has the following features:
🟢 Minimum deposit of $500 (7,700 ZAR) |
🟢 A Minimum line of $1,000 (15,460 ZAR) |
🟢 Access to 1nsight Live Feed |
🟢 Access to Trading Signals |
🟢 24/5 Live Chat Support |
ParagonEx Standard Account
This basic account type has the following features:
🟢 Minimum deposit of $1,000 (15,460 ZAR) |
🟢 A Minimum line of $10,000 (150,460 ZAR) |
🟢 Access to 1nsight Live Feed |
🟢 Access to Trading Signals |
🟢 24/5 Live Chat Support |
ParagonEx Gold Account
This advanced account type has the following features:
🟢 Minimum deposit of $5,000 (77,280 ZAR) |
🟢 A Minimum line of $50,000 (770,280 ZAR) |
🟢 Access to 1nsight Live Feed |
🟢 Access to Trading Signals |
🟢 24/5 Live Chat Support |
🟢 Push notifications |
🟢 SMS notification |
🟢 Exclusive Market Updates |
ParagonEx Platinum Account
This more sophisticated account type has these features:
🟢 Minimum deposit of $10,000 (150,460 ZAR) |
🟢 A Minimum line of $100,000 (1,545,730 ZAR) |
🟢 Access to 1nsight Live Feed |
🟢 Access to Trading Signals |
🟢 24/5 Live Chat Support |
🟢 Push notifications |
🟢 SMS notification |
🟢 Exclusive Market Updates |
ParagonEx Diamond Account
This account type is suitable for more professional traders that have years of experience in different financial markets. This account type has the following features:
🟢 Minimum deposit of $50,000 (770,280 ZAR) |
🟢 A Minimum line of $500,000 (7,728,650 ZAR) |
🟢 Access to 1nsight Live Feed |
🟢 Access to Trading Signals |
🟢 24/5 Live Chat Support |
🟢 Push notifications |
🟢 SMS notification |
🟢 Exclusive Market Updates |
ParagonEx VIP Account
The VIP Account is one of the top account types that traders can gain access to. This account has these unique features:
🟢 Minimum deposit of $100,000 (1,545,730 ZAR) |
🟢 A Minimum line of $1,000,000 (15,457,300 ZAR) |
🟢 Access to 1nsight Live Feed |
🟢 Access to Trading Signals |
🟢 24/5 Live Chat Support |
🟢 Push notifications |
🟢 SMS notification |
🟢 Exclusive Market Updates |
MetaTrader 5 Standard Account
MetaTrader 5 is a popular and well-known trading platform. The account that 1Market offers through MetaTrader 5 include a wide range of functions, tools, educational resources, and these features:
🟢 A minimum deposit of $250 (3,860 ZAR) |
🟢 Commission-free trading |
🟢 Variable spreads from 1 pip, depending on the market conditions and the financial instrument that is being traded |
🟢 Leverage up to 1:500 |
🟢 The ability to trade micro-lots from 0.01 |
🟢 Access to over 600 CFD instruments spread across several asset classes |
🟢 Margin Call level of 50% and a stop-out level of 20% |
MetaTrader 5 Zero Spread Account
The MetaTrader 5 Zero Spread account is one of the best, providing traders with the most competitive trading conditions in the industry, with the following unique features:
🟢 A minimum deposit of $250 (3,860 ZAR) |
🟢 Commissions of $7 charged per lot (108 ZAR) |
🟢 Variable spreads from 0.0 pips |
🟢 Leverage up to 1:500 |
🟢 The ability to trade micro-lots from 0.01 |
🟢 Access to over 600 CFD instruments spread across several asset classes |
🟢 Margin Call level of 50% and a stop-out level of 20% |
Demo Account
A demo account is also known as a practice account which provides traders with risk-free access to the features of a live account. When traders use the demo account, they use virtual funds instead of their capital to trade, making the demo account perfect for beginners and professional traders.
Traders can use the demo account to:
🟢 Practice trading and gain experience before going to a live trading account
🟢 Testing and refining trading strategies
🟢 Exploring the trading conditions of 1Market
Islamic Account
The purpose of an Islamic Account is that it caters specifically for Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.
With 1Markets, Muslim traders can convert their live trading account into an Islamic/Swap-free option, which exempts them from any interest or overnight fees.
1Market at a glance
Broker's Name | 1Market |
📍 Headquartered | Marshall Islands |
📅 Year Founded | 2021 |
⚖️ Regulating Authorities | CySEC, with regulation and licensing through other entities through the parent company, Podora Limited |
🌐 Countries not accepted for trade | United States |
☪️ Islamic Account (Swap Free) | Yes |
👍 Demo Account | Yes |
👍 Institutional Accounts | Yes |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1:30 (Retail), 1:400 (Professional) |
💰 Minimum Deposit | $250 (3,860 ZAR) |
💳 Deposit Options | Credit Card Debit Card Bank Wire Transfer Neteller Sofort Skrill Paysafecard Rapid Transfer Fast Bank Transfer Global Collect Offline Bank Transfer Online Bank Transfer through Volt (GBP only) |
💳 Withdrawal Options | Credit Card Debit Card Bank Wire Transfer Neteller Sofort Skrill Paysafecard Rapid Transfer Fast Bank TransferGlobal CollectOffline Bank Transfer Online Bank Transfer through Volt (GBP only) |
💻 Platform Types | ParagonEx WebTrader, MetaTrader 5 |
📱 OS Compatibility | Safari, Firefox, Opera Mini, Internet Explorer, Chrome, Linux, Windows, macOS, Android, iOS |
📈 Tradable Assets | Forex Commodities Indices ETFs Stock CFDsZero-Commission stocks |
👨💼 Languages supported on Website | English, German, Spanish, French, Thai, Indonesian, Italian, Polish, Turkish, and several others |
👥 Customer Support Languages | Multilingual |
📆 Customer Service Hours | 24/5 |
🚀 Open a account | 👉 Click Here |
1Market Pros and Cons
✔️ Pros | ❌ Cons |
A proprietary trading platform is offered | The broker charges a high minimum deposit |
Demo account offered | There are inactivity fees charged on dormant accounts |
Educational materials are provided | US clients are not accepted for regulatory reasons |
Flexible funding methods supported | |
Islamic Account options provided | |
MetaTrader 5 offered | |
Over 600 CFDs offered | |
Several different account types offered | |
Well-regulated |
You might also like: 1Market Review
You might also like: 1Market Demo Account – Step by Step
You might also like: 1Market Fees and Spreads
You might also like: 1Market Islamic Account Overview
You might also like: 1Market Minimum Deposit
Min Deposit
USD 250
Regulators
CySEC
Trading Platform
MT5, ParagonEx WebTrader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
Trading environment
How many instruments can I trade with 1Market?
You can trade any of the following instruments:
- Forex
- Commodities
- Indices
- ETFs
- Stock CFDs
- Zero-Commission stocks
Which platforms are supported by 1Market?
1Market supports the use of the following:
- ParagonEx Web-based platform
- MetaTrader 5
Does 1Market offer leverage?
Yes, 1Market offers leverage of 1:30 to retail traders and up to 1:400 to professional traders.
What spreads can I expect with 1Market?
You can expect variable spreads from 0.0 pips on the MetaTrader 5 Zero Spread Account.
Does 1Market charge commission?
Yes, 1Market charges commissions of $7 (108 ZAR) on the MetaTrader 5 Zero Spread Account.
Are there additional charges on the Islamic account?
No, there are no additional charges indicated for the Islamic Account.
Is 1Market regulated and by whom?
Yes, 1Market is regulated by CySEC in addition to being licensed and regulated by several entities across the EEA.
Is 1Market a recommended forex trading broker for experts and beginners?
Yes, 1Market is suitable for both beginners and experienced traders.
What is the overall rating out of 10 for 1Market?
8/10.
Accounts
What is the difference between a demo and a live trading account?
A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.
Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.
Does 1Market offer a demo account?
Yes, 1Market offers a demo account.
How long is the demo account valid?
Unlimited.
Which live trading accounts does 1Market offer?
1Market offers the following live trading accounts:
- ParagonEx Mini Account
- ParagonEx Standard Account
- ParagonEx Gold Account
- ParagonEx Platinum Account
- ParagonEx Diamond Account
- ParagonEx VIP Account
- MetaTrader 5 Standard Account
- MetaTrader 5 Zero Spread Account
Does 1Market offer an Islamic Account?
Yes, 1Market offers the option for an Islamic Account.
What are the available deposit currencies for a live trading account?
The following deposit currencies can be used when traders deposit funds:
- USD
- GBP
- EUR
Deposits and withdrawals
What is the minimum deposit required to open an account with 1Market?
$250 (3,860 ZAR).
How do you make a deposit and withdraw money with 1Market?
You can use any of the following methods:
- Credit Card
- Debit Card
- Bank Wire Transfer
- Neteller
- Sofort
- Skrill
- Paysafecard
- Rapid Transfer
- Fast Bank Transfer
- Global Collect
- Offline Bank Transfer
- Online Bank Transfer through Volt (GBP only)
Does 1Market charge withdrawal fees?
No, 1Market does not charge any withdrawal fees. However, some payment methods may charge processing fees that 1Market cannot be held liable for.
How long does it take to make a withdrawal?
This will depend on the withdrawal method, but some can take up to 5 working days, such as Bank Wire Transfer.
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