NumberOne CM’s spreads start from 1.2 pips EUR/USD. The commissions charged by NumberOne CM are only applied to the ECN Account, with commissions from $5 (73 ZAR) charged per lot traded. NumberOne CM charges deposit fees of 1% when traders use OK Pay to deposit funds into their trading account.
NumberOne CM at a glance
| Broker's Name | NumberOne CM |
| 📍 Headquartered | Vanuatu |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | VFSC |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | $5 (73 ZAR) |
| 💳 Deposit Options | Credit/Debit Card FasaPay China UnionPay Perfect Money Bitcoin Litecoin Ethereum Bitcoin Cash Dogecoin WebMoney E-payments Association QIWI Wallet OK Pay Bank Wire Transfer Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam) N1CM Prepaid Card |
| 💳 Withdrawal Options | Credit/Debit Card FasaPay China UnionPay Perfect Money Bitcoin Litecoin Ethereum Bitcoin Cash Dogecoin WebMoney E-payments Association QIWI Wallet OK Pay Bank Wire Transfer Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam) N1CM Prepaid Card |
| 💻 Platform Types | MetaTrader 4, MetaTrader 5 |
| 📈 Tradable assets offered | Forex Commodities Indices Stocks |
| 📱 OS Compatibility | Web, desktop, mobile |
| 👨💼 Languages supported on Website | English, French, Russian, Turkish, Thai, Chinese |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Open Account |
Overall Rating
4.7/5
Rated #257 of
Recommended FX Brokers
Minimum Deposit USD 5
Regulators –
MetaTrader 4, MetaTrader 5
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
NumberOne CM Fees and spreads – 6 key points quick overview:
NumberOne CM Fees and Spreads- NumberOne CM Additional Trading Fees
- NumberOne CM Broker Fees
- NumberOne CM Pros and Cons
- Conclusion
- Frequently Asked Questions
NumberOne CM Fees and Spreads
NumberOne CM’s spreads start from 1.2 pips EUR/USD. The spread list that traders can expect from NumberOne CM starts from 1.2 pips. These spreads will depend on the financial instrument that traders trade, the market conditions on the day of trading, and the type of trading account that traders use.
The commissions charged by NumberOne CM are only applied to the ECN Account, with commissions from $5 (73 ZAR) charged per lot traded.
NumberOne CM Additional Trading Fees
NumberOne CM charges overnight fees, also known as swap fees, when traders hold open positions on financial instruments after the trading day has concluded and the relevant market has closed. These fees are either debited or credited depending on the type of position held, whether long or short.
NumberOne CM offers Muslim traders who follow the Sharia law with the option of converting their Standard Account to that of an Islamic or Swap-free account, exempting them from such interest. As NumberOne CM is not a spread betting broker, spread betting fees will not apply.
NumberOne CM Broker Fees
NumberOne CM charges deposit fees of 1% when traders use OK Pay to deposit funds into their trading account. Where withdrawal fees are concerned, NumberOne CM charges the following:
Credit/Debit Card – a fee of 2.5% and an additional $7.5 (109 ZAR) or €6 (103 ZAR)
FasaPay – 0.5% of the transaction
China UnionPay – 1% with a minimum 6 CNY (14 ZAR)
Perfect Money – 0.5% of the transaction
WebMoney – 0.8% of the transaction
QIWI Wallet – 0.5% of the transaction
Bank Wire Transfer – 50 EUR (860 ZAR)
OK Pay – 2% of the transaction
Apart from these fees, there are no other broker fees indicated for NumberOne CM. However, conditions change, and traders must ensure that they verify the existence of other fees such as conversion fees, inactivity fees, account maintenance and management fees, amidst others.
Overall Rating
4.7/5
Rated #257 of
Recommended FX Brokers
Minimum Deposit USD 5
Regulators –
MetaTrader 4, MetaTrader 5
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
NumberOne CM Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive trading conditions | Deposit fees and withdrawal fees charged |
| Low commissions charged | Spreads are not the tightest |
| Islamic Account option provided |
Conclusion
NumberOne CM’s spreads start from 1.2 pips EUR/USD. The commissions charged by NumberOne CM are only applied to the ECN Account, with commissions from $5 (73 ZAR) charged per lot traded. NumberOne CM charges deposit fees of 1% when traders use OK Pay to deposit funds into their trading account.
You might also like: NumberOne CM Demo Account
You might also like: NumberOne CM Islamic Account
You might also like: NumberOne CM Minimum Deposit
You might also like: NumberOne CM Sign up Bonus
Frequently Asked Questions
How many instruments can I trade with NumberOne CM?
You can trade a variety of instruments over these asset classes:
- Forex
- Commodities
- Indices
- Stocks
Which platforms are supported by NumberOne CM?
- MetaTrader 4
- MetaTrader 5
Does NumberOne CM offer leverage?
Yes, NumberOne CM offers leverage up to a maximum of 1:1000. Leverage depends on the financial instrument being traded and the equity of the trading account. Higher equity will mean lower leverage ratios and vice versa.
What spreads can I expect with NumberOne CM?
You can expect spreads from 1.2 pips EUR/USD.
Does NumberOne CM charge commission?
Yes, NumberOne CM charges commissions from $5 (73 ZAR) per lot.
Are there additional charges on the Islamic account?
No, there are no additional charges indicated for the Islamic Account.
Is NumberOne CM regulated and by whom?
NumberOne CM is regulated by VFSC in Vanuatu.
Is NumberOne CM a recommended forex trading broker for experts and beginners?
Yes, NumberOne CM is recommended for experts and beginners.
What is the overall rating out of 10 for NumberOne CM?
5/10.
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