Compare N1CM vs ActivTrades
What is N1CM? What is ActivTrades?
N1CM, or Number One Capital Markets, is an offshore forex and CFD broker launched in 2017 and based in Vanuatu. The brand offers highly leveraged trading on nearly 100 instruments via the MetaTrader 4 and MetaTrader 5 platforms. The brokerage also offers a range of account types including a raw spread account with low commission fees, which will appeal to active forex traders.
ActivTrades is a UK-based forex and CFD broker established in 2001 and regulated by the FCA, SCB, CSSF, BACEN & CVM and CMVM. The broker offers over 1000 instruments across seven asset classes on its proprietary ActivTrader platform as well as the MetaTrader 4 and MetaTrader 5 platforms. The broker also provides advanced protection of client funds, free educational resources, and award-winning customer service.
N1CM vs ActivTrades Regulation Comparison
N1CM is licensed and regulated by the Vanuatu Financial Services Commission (VFSC), which is a weak regulatory authority that does not impose strict requirements on brokers. N1CM does not accept clients from the US, Canada, Japan, Iran, North Korea, Cuba, Sudan, Syria, and some other countries.
ActivTrades is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, which is a reputable and respected regulator that ensures high standards of conduct and protection for traders. ActivTrades also holds licenses from the Securities Commission of the Bahamas (SCB), the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, the Banco Central do Brasil (BACEN) & Comissão de Valores Mobiliários (CVM) in Brazil, and the Comissão do Mercado de Valores Mobiliários (CMVM) in Portugal.
N1CM vs ActivTrades Trading Assets Comparison
N1CM offers trading on nearly 100 instruments across six asset classes: forex, indices, commodities, shares, cryptocurrencies, and metals. The broker has a limited selection of stocks and cryptos compared to some competitors.
ActivTrades offers trading on over 1000 instruments across seven asset classes: forex, indices, commodities, shares, cryptocurrencies, ETFs, and bonds. The broker has a wider range of stocks and ETFs than N1CM as well as some bond products.
N1CM vs ActivTrades Trading Fees Comparison
N1CM charges variable spreads depending on the account type and instrument. The spreads start from 0.3 pips for forex pairs on the ECN account, which also charges a commission of $3 per lot per side. The spreads are wider on the Cent and Standard accounts, which do not charge any commission. N1CM does not charge any deposit or withdrawal fees or any inactivity fees.
ActivTrades charges variable spreads depending on the instrument and market conditions. The spreads start from 0.5 pips for forex pairs on the ActivTrader platform, which does not charge any commission. The spreads are slightly higher on the MetaTrader platforms, which also charge a commission of $1 per lot per side for some instruments. ActivTrades does not charge any deposit or withdrawal fees but charges an inactivity fee of $10 per month after one year of no trading activity.
N1CM vs ActivTrades Account Types Comparison
N1CM offers three account types: Cent, Standard, and ECN. The Cent account is designed for beginners who want to trade with micro lots and low risk. The minimum deposit is $5 and the maximum leverage is 1:1000. The Standard account is suitable for experienced traders who want to trade with standard lots and higher risk. The minimum deposit is $100 and the maximum leverage is 1:500. The ECN account is ideal for advanced traders who want to trade with raw spreads and low commission fees. The minimum deposit is $500 and the maximum leverage is 1:400.
ActivTrades offers two account types: Individual and Professional. The Individual account is available for retail traders who want to trade with standard lots and moderate risk. The minimum deposit is $1000 and the maximum leverage is 1:30 for major forex pairs. The Professional account is available for qualified traders who want to trade with higher leverage and lower margin requirements. The minimum deposit is $1000 and the maximum leverage is 1:400 for major forex pairs.
N1CM vs ActivTrades Deposit Options Comparison
N1CM supports various deposit and withdrawal methods, including credit/debit cards, bank wire transfers, e-wallets (FasaPay, Perfect Money, STICPAY), and cryptocurrencies (Bitcoin, Ethereum, USDT, Litecoin). The processing time is instant for most methods except for bank wire transfers, which may take up to five business days. The minimum deposit and withdrawal amount is $5 for most methods except for bank wire transfers, which have a minimum of $100.
ActivTrades supports various deposit and withdrawal methods, including credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller, PayPal), and cryptocurrencies (Bitcoin). The processing time is instant for most methods except for bank wire transfers, which may take up to three business days. The minimum deposit and withdrawal amount is $100 for most methods except for bank wire transfers, which have a minimum of $250.
N1CM vs ActivTrades Trading Platforms Comparison
N1CM offers both the MetaTrader 4 and MetaTrader 5 platforms, which are popular and powerful trading platforms that support multiple order types, charting tools, indicators, automated trading with expert advisors (EAs), and customisation options. The platforms are available as desktop applications for Windows and Mac OS, web-based versions that run on any browser, and mobile apps for iOS and Android devices.
ActivTrades offers its own proprietary platform called ActivTrader, which is a user-friendly and intuitive platform that supports multiple order types, advanced charting tools, indicators, one-click trading, and partial close. The platform is available as a web-based version that runs on any browser and mobile apps for iOS and Android devices. ActivTrades also offers the MetaTrader 4 and MetaTrader 5 platforms with some additional features such as SmartOrder 2, SmartLines, SmartTemplate, SmartForecast, SmartPattern, and Pivot Points Indicator.
N1CM vs ActivTrades Analytical Tools Comparison
N1CM provides some analytical tools to help traders make informed decisions, such as an economic calendar, a market news section, a trading calculator, and a VPS service. The broker also offers free educational resources such as webinars, seminars, videos, articles, and ebooks on various topics related to forex and CFD trading.
ActivTrades provides some analytical tools to help traders enhance their performance, such as an economic calendar, a market news section, a trading calculator, a VPS service, and Autochartist. Autochartist is a powerful tool that scans the markets for trading opportunities based on technical analysis and chart patterns. The broker also offers free educational resources such as webinars, seminars, videos, articles, ebooks, courses, and tutorials on various topics related to forex and CFD trading.
N1CM vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading style, and goals. There is no definitive answer to which broker is better, as each one has its own advantages and disadvantages. However, here are some possible factors that you may want to consider:
- Regulation: If you value security and protection of your funds, you may prefer ActivTrades over N1CM, as ActivTrades is regulated by several reputable authorities such as the FCA, SCB, CSSF, BACEN & CVM and CMVM, while N1CM is only regulated by the VFSC, which is a weak regulator that does not impose strict requirements on brokers .
- Trading Assets: If you want to diversify your portfolio and trade a wide range of instruments, you may prefer ActivTrades over N1CM, as ActivTrades offers over 1000 instruments across seven asset classes, while N1CM offers nearly 100 instruments across six asset classes. ActivTrades has a wider range of stocks and ETFs than N1CM as well as some bond products .
- Trading Fees: If you want to save on trading costs and trade with low spreads and commissions, you may prefer N1CM over ActivTrades, as N1CM offers a raw spread account with spreads starting from 0.3 pips for forex pairs and a commission of $3 per lot per side, while ActivTrades offers spreads starting from 0.5 pips for forex pairs and a commission of $1 per lot per side for some instruments. N1CM also does not charge any inactivity fees, while ActivTrades charges an inactivity fee of $10 per month after one year of no trading activity .
- Account Types: If you want to trade with micro lots and high leverage, you may prefer N1CM over ActivTrades, as N1CM offers a Cent account with a minimum deposit of $5 and a maximum leverage of 1:1000, while ActivTrades offers an Individual account with a minimum deposit of $1000 and a maximum leverage of 1:30 for major forex pairs. However, if you are a qualified trader who wants to trade with higher leverage and lower margin requirements, you may prefer ActivTrades over N1CM, as ActivTrades offers a Professional account with a maximum leverage of 1:400 for major forex pairs, while N1CM offers an ECN account with a maximum leverage of 1:400 .
- Deposit and Withdrawal Options: If you want to have more flexibility and convenience in funding and withdrawing your money, you may prefer N1CM over ActivTrades, as N1CM supports more deposit and withdrawal methods than ActivTrades, including credit/debit cards, bank wire transfers, e-wallets (FasaPay, Perfect Money, STICPAY), and cryptocurrencies (Bitcoin, Ethereum, USDT, Litecoin). N1CM also has lower minimum deposit and withdrawal amounts than ActivTrades for most methods .
- Trading Platforms: If you want to trade on a user-friendly and intuitive platform that supports advanced charting tools and one-click trading, you may prefer ActivTrader over MetaTrader 4 or MetaTrader 5. ActivTrader is the proprietary platform of ActivTrades that also supports partial close. However, if you want to trade on a popular and powerful platform that supports multiple order types, indicators, automated trading with expert advisors (EAs), and customisation options, you may prefer MetaTrader 4 or MetaTrader 5 over ActivTrader. Both N1CM and ActivTrades offer MetaTrader 4 and MetaTrader 5 platforms with some additional features .
- Analytical Tools: If you want to have access to more analytical tools that can help you improve your trading performance, you may prefer ActivTrades over N1CM, as ActivTrades provides Autochartist, which is a powerful tool that scans the markets for trading opportunities based on technical analysis and chart patterns. ActivTrades also offers free educational resources such as webinars, seminars, videos, articles, ebooks, courses, and tutorials on various topics related to forex and CFD trading. N1CM also provides some analytical tools such as an economic calendar, a market news section, a trading calculator, and a VPS service. N1CM also offers free educational resources such as webinars, seminars, videos, articles, and ebooks on various topics related to forex and CFD trading .
