All Share (J203) = 89 573
Rand / Dollar = 18.40
Rand / Pound = 23.84
Rand / Euro = 19.94
Gold (usd/oz) = 3 082.50
Platinum (usd/oz) = 984.02
Brent (usd/barrel) = 72.82
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

1Market Review

Reviewed 1Market
1Market was established in 2025 and offers its comprehensive trading solutions and services across the globe, including the EEA under the requirements of MiFID. 1Market is a well-regulated CFD and forex broker that is based in the Marshall Islands, owned, and operated by Podora Limited.

 

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

 

👉 Choose your quick section of our 1Market review below.

 

1Market Review – 6 key points quick overview:

 

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

 

Who is 1Market?

Who is 1market

 

👉 According to research in South Africa, 1Market is a well-regulated CFD and forex broker that is based in the Marshall Islands, owned, and operated by Podora Limited. 1Market was established in 2025 and offers its comprehensive trading solutions and services across the globe, including the EEA under the requirements of MiFID.

 

👉 1Market is well-known for its flexible and dynamic trading solutions, offering several account types from which traders can choose depending on their unique trading needs and objectives. Traders have access to over 600 financial instruments that can be traded through either ParagonEx WebTrader or MetaTrader 5 on Desktop, the Web, and mobile devices.

 

👉 1Market offers some educational and research tools, materials, and resources. The fees that are charged are transparent and there are schedules on the official 1Market website that traders can consult. There is 24/5 dedicated customer support that can be reached through various communication channels.

 

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

 

Safe or scam

1market regulation

 

👉 When traders evaluate brokers, regulation is one of the most crucial components that must be considered. Regulated brokers are required to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured.

 

👉 Because 1Market is owned and operated by Podora Limited, it shares the same affiliation with a vast number of regulatory entities in the European Economic Area (EEA), including some of the following:

➡️️​ Germany – The Federal Financial Supervisory Authority

➡️️​ United Kingdom – The Financial Conduct Authority

➡️️​ France – Banque de France

➡️️​ Denmark – Finanstilsynet

➡️️​ Sweden – The Swedish Financial Supervisory Authority

➡️️​ Finland – Finanssivalvonta, Financial Supervisory Authority

➡️️​ Norway – Finanstilsynet, Financial Supervisory Authority

➡️️​ Romania – ASF

➡️️​ Netherland – Authority for the Financial Markets

➡️️​ Estonia – Estonian Financial Supervision Authority, and several others

 

👉 In addition to this, 1Markets also offers 1Shield which offers traders additional protection through an Investor Compensation Fund. 1Markets also aligns its business according to anti-money laundering regulations, Know Your Customer (KYC) requirements, and client appropriateness tests.

 

👉 There is negative balance protection that is applied to retail accounts and traders are granted educational materials to familiarise themselves with before they risk their capital in live markets.

 

1Market Pros and cons

✔️ Pros❌ Cons
1Market offers a proprietary web-based trading platformHigh minimum deposit requirement
1nsight Live Feed providedInactivity fees are charged
Educational resources are givenUnited States clients are not accepted
Flexible funding options
Islamic Accounts are offered
Large range of markets
Live customer support is prompt and responsive
MetaTrader 5 is supported
Rapid and reliable execution speeds
Several account types that traders can choose from
The fee schedules are transparent
Trading central provided as a research resource
Well-regulated and trusted broker

 

1Market Leverage

👉 Leverage is a tool that is offered by numerous brokers to traders. With leverage, traders can open larger positions, allowing traders more exposure to the market in which they are trading despite their initial deposit.

 

👉 The leverage that traders can expect with 1Markets will depend on whether they register a retail account or a professional account. Professional traders have access to leverage up to 1:400 while retail traders can only use leverage up to 1:30.

 

Account Types

1market 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 Vs AvaTrade Vs FBS – C0mparison Table

🥇1Market🥇 AvaTrade🥇 FBS
🗺️ RegulatationCySEC, with regulation and licensing through other entities through the parent company, Podora LimitedIreland, Australia, Japan, South Africa,
Abu Dhabi, British Virgin Islands, European Union, Polish Branch
IFCS
💰 Minimum Deposit$250 (3,860 ZAR)$100/R1 517 ZAR$1/ R16 ZAR
☪️ Islamic AccountYes, availableYes, availableYes, available
📊 Leverage1:30 (Retail), 1:400 (Professional)
400:11:3000
💰 Spreadsspread list starts from 0.0 pips0,9 pips3 pips
💳 Demo Trading AccountYesYesYes
📒 Account Typesclassic account, Premium account, and Zero Spread account.Standard, Islamic, and demo accountCent, Micro, Standard, Zero Spread, ECN, and Crypto Account
💻 Platform TypesParagonEx WebTrader, MetaTrader 5MT4MT4

 

1 Market Market instruments

👉 1Market offers the trade in the following financial asset classes:

➡️️​ Forex

➡️️​ Commodities

➡️️​ Indices

➡️️​ Exchange-traded funds (ETFs)

➡️️​ Stock CFDs

➡️️​ Zero-Commission stocks

 

1 Market Fees

1market fees

 

👉 Another crucial factor that traders must consider when evaluating a broker is the fees that they will incur. These fees relate to both trading and non-trading activities and actions.

 

Trading Fees

👉 One of the first fees that traders will encounter concerns a minimum deposit fee which is paid after the trader has completed account registration. 1Market charges a minimum deposit that differs between the account types. Traders can expect the following minimum deposits:

 

➡️️​ 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)

➡️️​ MetaTrader 5 Standard Account – $250 (3,860 ZAR)

➡️️​ MetaTrader 5 Zero Spread Account – $250 (3,860 ZAR)

 

👉 Traders can expect the following spreads depending on the account type that they choose:

➡️️​ 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

 

👉 The commissions that 1Market charges are $7 (108 ZAR) per lot on the MetaTrader 5 Standard Account, with no other commissions indicated for the other account types.

➡️️​ The overnight fees and commissions that 1Market charges are as follows:

➡️️​ Sunday night to Monday – Normal Rollover fees

➡️️​ Monday night to Tuesday – Normal Rollover fees

➡️️​ Tuesday night to Wednesday – Normal Rollover fees

➡️️​ Wednesday night to Thursday – Three days rollover interest charged

➡️️​ Thursday night to Friday – Normal Rollover fees

➡️️​ Friday Night – Overnight fees are not charged

➡️️​ Saturday Night – Overnight fees are not charged

 

Non-trading fees

👉 1Market does not charge any deposit or withdrawal fees, but there is an inactivity fee that is charged on dormant accounts.

 

👉 While there are no other fees charged, conditions may change, and traders are urged to verify the fees mentioned in this review and enquire about any additional fees.

 

1 Market Deposit and withdrawal

👉 When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.

 

👉 1Market offers traders the following ways through which deposits and withdrawals can be done:

➡️️​ 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)

 

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

 

1 Market Trading platforms

👉 1Market offers traders the use of the following trading platforms:

➡️️​ ParagonEx Trading Platform

➡️️​ MetaTrader 5 on the Web, Desktop, and Mobile devices

How to open an account

 

👉 Step 1: Visit the official 1market website:

Visit the 1market official website and locate the “register” tab.

open a 1market account step 1

 

👉 Step 2: Fill in all the required details.

Fill in all your personal information to continue opening your account

open a 1market account step 2

 

👉 Step 3: Your account has been created.

After you account has been created you will now be able to deposit funds and start trading.

open a 1market account step 3

 

👉 Step 4: Add your additional information.

From here, traders must provide additional personal information, their residential information, financial and employment information, and so on.

 

👉 Step 5: Upload ID document copy.

Once complete, traders will be required to upload a copy of their identity document and proof of residence to verify their account before they can deposit funds and start trading.

 

👉 Step 6: Start trading.

Once your account has been setup you will now be able to start trading.

 

Customer support

👉 1Market offers customer support 24 hours a day, 5 days a week through the following communication channels:

➡️️​ Live Chat

➡️️​ Telephone

➡️️​ Email

➡️️​ Contract Request Form

 

1 Market Education

1market education

👉 1Market provides traders with the following educational and training:

➡️️​ What is Forex?

➡️️​ What is CFD Trading?

➡️️​ What are Stocks?

➡️️​ What are Commodities?

➡️️​ What are Indices?

➡️️​ What is an ETF?

➡️️​ What is Leverage?

➡️️​ Trading Psychology

➡️️​ Trading Strategies

➡️️​ What is Fundamental Analysis?

 

1 Market Research

👉 1Market provides the following research tools, materials, and resources:

➡️️​ 1nsight Live Feed

➡️️​ Trading Central

➡️️​ Leverage Selector

➡️️​ Financial Market News

➡️️​ Daily Market Report

 

1 Market Awards

👉 1Market is a new broker but it has already obtained the following rewards and recognition:

➡️️​ Best CFD Broker – Top Forex Awards

➡️️​ Best Introducing Broker Program – Top Forex Awards

 

Conclusion

1Markets is a trusted and well-regulated broker that is making a name for itself in a competitive field, despite being a new and young broker. 1Markets offers competitive trading conditions and sophisticated and comprehensive trading solutions that cater for both beginners and professionals.

 

Apart from being well-regulated, 1Markets is safe and offers a wide range of tradable instruments, powerful trading platforms, and more. The trading and non-trading fees that are charged are competitive and transparent.

 

Disclaimer

1Market warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors.

 

Before deciding to trade with 1Market, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

 

1Market warns that margin trading involves the potential for profit as well as the risk of loss.

 

Movements in the price of foreign exchange and commodities are very unpredictable, hence 1Market cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

You might also like: 1Market Account Types Overview

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

 

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.

5/5 - (1 vote)

Table of Contents

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 8, 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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