All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.53
Rand / Euro = 19.81
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.17
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

1Market Fees, Spreads and Commission

Reviewed 1Market Fees & Spreads
 

1Market’s spread list starts from 0.0 pips EUR/USD on the MetaTrader 5 Zero Spread Account. The commissions that are charged fall on the MetaTrader 5 Standard Account, at $7 charged per lot that is traded.

 

1Market spread list

Account TypeSpread
📊 ParagonEx Mini Account4 pips
📊 ParagonEx Standard Account3 pips
📊 ParagonEx Gold Account2 pips
📊 ParagonEx Platinum Account2 pips
📊 ParagonEx Diamond Account2 pips
📊 ParagonEx VIP Account1.8 pips
📊 MetaTrader 5 Standard Account1 pip
📊 MetaTrader 5 Zero Spread Account0.0 pips

 

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

 

👉 Choose your quick section of our 1Market Fees Spreads and Commission below.

 

1Market Fees and Spreads – 6 key points quick overview:

  1. ✅Fees and Spreads
  2. ✅Additional Trading Fees
  3. ✅1Market at a glance
  4. Broker Fees
  5. Pros and Cons
  6. Frequently Asked Questions

 

👉 Here is our overview of the 1Market Fees Spreads and Commission as well as the features that are offered, which could effect your trading.

 

Fees and Spreads

👉 The spread list for 1Market starts from 0.0 pips EUR/USD.

 

👉 1Market has a comprehensive spread list that is charged according to the type of account the trader uses, the trading conditions on the day of trading, and the financial instrument that is being traded.

 

👉 The typical spreads that traders can expect depending on their trading account are as follows:

 

➡️️​ ParagonEx Mini Account – 4 pips

➡️️​ ParagonEx Standard Account – 3 pips

➡️️​ ParagonEx Gold Account – 2 pips

➡️️​ ParagonEx Platinum Account – 2 pips

➡️️​ ParagonEx Diamond Account – 2 pips

➡️️​ ParagonEx VIP Account – 1.8 pips

➡️️​ MetaTrader 5 Standard Account – 1 pip

➡️️​ MetaTrader 5 Zero Spread Account – 0.0 pips

 

👉 1Market does not indicate commissions for any accounts other than the MetaTrader 5 Zero Spread account. The reason for commissions on this account relates to the fact that 1Market does not charge fees that are added to the spread. Therefore, the broker takes broker fees from the flat rate charged in the form of commissions.

 

👉 Traders can expect to pay $7 (108 ZAR) for commissions when they use the MetaTrader 5 Zero Spread account.

 

Additional Trading Fees

👉 Overnight and swap fees are charges or interest that are either credited or debited when traders keep their positions open for longer than a trading day. 1Market offers a comprehensive and transparent fee schedule and overnight fees are charged according to the following:

 

➡️️​ The position size

➡️️​ The position of the trader – whether long or short

➡️️​ The financial instrument that is being traded

 

👉 The rollover charges that 1Markets charges are normal during the week, but from Wednesday night to Thursday, triple rollover interest is charged. 1Markets offers Muslim traders the option to convert their live trading account into an Islamic or Swap Free account, exempting them from swap fees.

 

👉 As 1Market is not a spread betting broker, spread betting fees will not apply.

 

1Market at a glance

Broker's Name1Market
📍 HeadquarteredMarshall Islands
📅 Year Founded2021
⚖️ Regulating AuthoritiesCySEC, with regulation and licensing through other entities through the parent company, Podora Limited
🌐 Countries not accepted for tradeUnited States
☪️ Islamic Account (Swap Free)Yes
👍 Demo AccountYes
👍 Institutional AccountsYes
📊 Managed AccountsNo
📈 Maximum Leverage1:30 (Retail), 1:400 (Professional)
💰 Minimum Deposit$250 (3,860 ZAR)
💳 Deposit OptionsCredit 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 OptionsCredit 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 TypesParagonEx WebTrader, MetaTrader 5
📱 OS CompatibilitySafari, Firefox, Opera Mini, Internet Explorer, Chrome, Linux, Windows, macOS, Android, iOS
📈 Tradable AssetsForex
Commodities
Indices
ETFs
Stock CFDsZero-Commission stocks
👨‍💼 Languages supported on WebsiteEnglish, German, Spanish, French, Thai, Indonesian, Italian, Polish, Turkish, and several others
👥 Customer Support LanguagesMultilingual
📆 Customer Service Hours24/5
🚀 Open a account👉 Click Here

 

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

 

Broker Fees

Deposit fees and withdrawal fees are not charged and the only other broker fees which are indicated, refer to the inactivity fees which are charged if the trading account becomes dormant.

 

Pros and Cons

✔️ Pros❌ Cons
Competitive trading conditionsSpreads on most accounts are not the tightest
Well-regulated and trusted broker
Wide range of tradable markets

 

You might also like: 1Market Review

You might also like: 1Market Account Types Overview

You might also like: 1Market Demo Account – Step by Step

You might also like: 1Market Islamic Account Overview

You might also like: 1Market Minimum Deposit

 

Frequently Asked Questions

 

How many instruments can I trade with 1Market?

You can trade any of the following instruments:

 

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.

5/5 - (5 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 2, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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