About 1Market
Company Overview
1Market is an online brokerage brand operated by Exelcius Prime Ltd., a company registered in Cyprus and launched in April 2021. The firm presents itself as a CySEC‑regulated provider, offering a diversified range of tradable instruments through two distinct platforms.
The broker targets a broad clientele, from retail newcomers to experienced traders, by combining multiple account tiers with aggressive leverage options. Its official registered address is 254 Archiepiskopou Leontiou A, MAXIMOS COURT A, Floor 7, Office 73 & 74, 3020 Limassol, Cyprus, though the number of employees on file is listed as zero, a detail that may raise questions about operational scale.
Regulatory Status
1Market operates under a single CySEC licence — number 366/18 — which authorises Exelcius Prime Ltd. as a Cyprus Investment Firm (CIF) holding a Derivatives Trading License (STP). This means the broker is permitted to offer contracts for differences (CFDs) and related derivative products on a straight‑through‑processing basis.
CySEC regulation places the broker within the European Securities and Markets Authority (ESMA) framework, requiring adherence to client‑fund segregation, negative balance protection and participation in the Investor Compensation Fund (ICF) up to €20,000 per eligible client. However, being regulated only in Cyprus means 1Market relies heavily on passporting rights to serve clients across the European Economic Area.
Trading Platforms
The broker offers two trading platforms. The first is MetaTrader 5 (MT5), a widely recognised multi‑asset platform known for its advanced charting, algorithmic trading and depth of market features. MT5 is available for desktop, web and mobile.
The second platform is Paragonex, a proprietary solution that is marketed as more user‑friendly, likely appealing to beginners or traders who prefer a simplified interface. While MT5 is familiar to most experienced traders, the proprietary platform may lack third‑party reviews and outside scrutiny.
Account Types
1Market’s account structure is designed to cater to different funding levels and trading styles. At the entry level, the Standard(MT5) account requires a minimum deposit of $250 and provides maximum leverage of 1:500 with a minimum spread of 1 pip and no commission. The Zero Spread(MT5) account also starts at $250 but charges a commission of $7 per lot while offering zero‑spread pricing.
Beyond these, the broker lists six additional tiers: Mini ($500), Standard ($1,000), Gold ($5,000), Platinum ($10,000), Diamond ($50,000) and VIP ($100,000). These higher‑tier accounts may offer differentiated spreads, leverage and services, though the specific conditions for each tier are not publicly disclosed in the same structured detail, leaving prospective clients to inquire directly with the broker.
Deposits, Withdrawals & Tradable Instruments
The broker has not made public a definitive list of deposit and withdrawal methods. Traders should confirm available payment channels — such as bank wire, credit cards or e‑wallets — directly with the support team before opening an account.
Regarding instruments, the company advertises a wide array of CFDs covering forex, stocks, indices, commodities and cryptocurrencies. The maximum leverage of up to 1:500 applies to forex, though actual leverage may vary by instrument and jurisdiction. Again, full specifications per instrument class are best obtained from the broker’s official materials.
Who Is 1Market For?
With a low entry barrier of $250 and access to high leverage, 1Market may initially appeal to retail traders looking for low‑cost market access and the chance to amplify returns. The presence of MT5 also makes it a candidate for algorithmic traders and those who prefer a customisable trading environment.
However, the lack of transparent fee structures for higher‑tier accounts and the absence of clearly listed funding methods mean that due diligence is essential. The broker positions itself for both beginners and high‑net‑worth individuals, but the real‑world experiences of clients, as reflected in public reviews, suggest that suitability may be limited to those who can tolerate inconsistent service levels.
Overview compiled by FXCanary from regulatory records and public data. full 1Market review