The terms and conditions governing your use of N1CM services
Effective Date: 1 January 2025 | Last Updated: 1 January 2025
These Terms of Service ("Terms", "Agreement") constitute a legally binding agreement between you ("Client", "you", "your") and N1CM ("Company", "we", "us", "our"). By accessing our website at n1cm.com, opening a trading account, or using any of our services, you agree to be bound by these Terms in their entirety. If you do not agree with any part of these Terms, you must not use our services.
By accessing or using our website, trading platforms, or any services provided by N1CM, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service, together with our Privacy Policy, Cookie Policy, and any other legal documents referenced herein, all of which are incorporated by reference into this Agreement.
To use our services, you must:
We reserve the right to amend, modify, or update these Terms at any time at our sole discretion. Material changes will be communicated to you via email or through a prominent notice on our website at least fourteen (14) days prior to taking effect. Your continued use of our services after such changes constitutes your acceptance of the revised Terms. If you do not agree to the amended Terms, you must discontinue your use of our services and close your account.
N1CM provides online trading services in Contracts for Difference (CFDs) and other derivative financial instruments across a range of asset classes, including but not limited to:
We provide access to trading through industry-standard platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available as desktop applications, web-based platforms, and mobile applications. The availability of specific platforms and features may vary and is subject to change at our discretion.
In addition to trading services, we may provide market analysis, educational materials, economic calendars, trading signals, and other informational resources. These materials are provided for informational purposes only and do not constitute investment advice, recommendations, or solicitations to trade.
To open a live trading account with N1CM, you must complete our online application form and provide all requested information accurately and truthfully. This includes personal identification details, financial information, and trading experience data. Incomplete or inaccurate applications may be rejected or result in account restrictions.
In accordance with our regulatory obligations, we are required to verify your identity before activating your account and processing transactions. You must provide:
We reserve the right to approve or reject any account application at our sole discretion, without being obligated to provide a reason. Account approval is contingent upon successful completion of our verification procedures, suitability and appropriateness assessments, and compliance with applicable regulations.
You are solely responsible for maintaining the confidentiality of your account credentials, including your username, password, and any two-factor authentication codes. You must immediately notify us of any unauthorised access to or use of your account. We shall not be liable for any loss or damage arising from your failure to maintain the security of your account credentials.
Each individual may hold only one live trading account with N1CM, unless otherwise authorised in writing by the Company. If we discover that a Client holds multiple accounts, we reserve the right to merge, suspend, or close any duplicate accounts and void any transactions made through such accounts.
We act as a principal and counterparty to your trades. All orders are executed on a best-execution basis in accordance with our Order Execution Policy. We do not guarantee that your orders will be executed at the exact price requested, as prices may change between the time you place an order and the time it is executed (slippage). Market orders are executed at the best available price, which may differ from the displayed price.
Prices quoted on our trading platforms are indicative and derived from our liquidity providers. Spreads may vary depending on market conditions, liquidity, volatility, and the type of account you hold. We reserve the right to widen spreads during periods of high volatility, low liquidity, or around major economic events and news releases.
Trading CFDs requires you to maintain sufficient margin in your account to support your open positions. The margin requirements and maximum leverage available vary by instrument and account type, and are detailed on our Margin & Leverage page. We reserve the right to change margin requirements at any time, with or without prior notice, depending on market conditions and regulatory requirements.
If the equity in your account falls below the required margin level, you will receive a margin call notification. If your equity continues to decline and reaches the stop-out level, we will automatically close your open positions, starting with the position with the largest unrealised loss, until your account equity returns above the required margin level. You acknowledge that in fast-moving or illiquid markets, positions may be closed at prices significantly different from the stop-out level, and your account balance may become negative.
Subject to applicable regulatory requirements, we provide negative balance protection, meaning that your total loss will not exceed the total funds deposited in your trading account. This protection applies to losses incurred from trading activity under normal market conditions.
Positions held open overnight may be subject to swap charges (also known as rollover or overnight financing charges). Swap rates vary by instrument and are updated regularly. Current swap rates are available on our Swap Rates page. We reserve the right to modify swap rates at any time without prior notice.
For CFDs on shares and indices, corporate actions such as dividends, stock splits, mergers, and rights issues may affect your open positions. We will make reasonable efforts to adjust your positions to reflect the economic effect of such corporate actions, but we do not guarantee that all adjustments will perfectly mirror the underlying market event.
You may fund your trading account using the payment methods available on ourpage. Deposits must be made from accounts or payment instruments held in your name. We do not accept third-party payments. Minimum deposit amounts vary by account type.
Withdrawal requests are processed subject to our verification procedures and in accordance with our withdrawal policy. Withdrawals are generally made to the same payment method used for deposits. We aim to process withdrawal requests within one to three (1-3) business days, though processing times may vary depending on the payment method and compliance checks required.
We may charge fees for deposits, withdrawals, currency conversions, account inactivity, or other services as set out in our fee schedule. Any applicable fees will be disclosed to you prior to the transaction or in the relevant product documentation.
All content on our website and trading platforms, including but not limited to text, graphics, logos, icons, images, audio clips, software, and data compilations, is the property of N1CM or its licensors and is protected by applicable intellectual property laws, including copyright, trademark, and patent laws.
We grant you a limited, non-exclusive, non-transferable, revocable licence to access and use our website and trading platforms solely for your personal, non-commercial use in connection with the services we provide. This licence does not include the right to:
"N1CM", our logo, and all related names, logos, product and service names, designs, and slogans are trademarks of N1CM or its affiliates. You may not use such marks without our prior written permission. All other trademarks, registered trademarks, product names, and company names or logos mentioned on our website are the property of their respective owners.
Trading Forex and CFDs carries a high level of risk and may not be suitable for all investors. The leveraged nature of these products means that you can lose more than your initial investment. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. You should not invest money that you cannot afford to lose.
N1CM does not provide personal investment advice. Any market analysis, research, commentary, or other content provided by us is for informational purposes only and should not be construed as a personal recommendation or investment advice. You are solely responsible for your own trading decisions and should seek independent financial advice if necessary.
Financial markets are subject to sudden and unpredictable movements due to economic events, geopolitical developments, natural disasters, regulatory changes, and other factors beyond our control. Past performance is not indicative of future results. No trading strategy or system can guarantee profits or protection against losses.
To the maximum extent permitted by applicable law, N1CM, its directors, officers, employees, agents, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, loss of data, loss of goodwill, or other intangible losses, arising out of or in connection with:
We shall not be liable for any failure or delay in performing our obligations under these Terms where such failure or delay results from events beyond our reasonable control, including but not limited to acts of God, natural disasters, pandemics, war, terrorism, civil unrest, government actions, regulatory changes, exchange or market rulings, suspension of trading, communication failures, hardware or software failures, power outages, internet service disruptions, or any other event that constitutes a force majeure.
You agree to indemnify, defend, and hold harmless N1CM, its directors, officers, employees, agents, and affiliates from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or related to your use of our services, your breach of these Terms, your violation of any applicable law or regulation, or your infringement of any third-party rights.
You agree not to engage in any of the following activities:
You may close your account at any time by submitting a written request to our support team at [email protected]. Prior to account closure, you must close all open positions and withdraw any remaining funds. Account closure requests will be processed subject to the completion of any pending transactions and compliance checks.
We reserve the right to suspend, restrict, or terminate your account and access to our services at any time, with or without notice, for any reason, including but not limited to:
Upon termination of your account, all open positions will be closed at prevailing market prices, and any remaining funds (after deduction of any outstanding fees, charges, or liabilities) will be returned to you via the original payment method or another method we deem appropriate. Provisions of these Terms that by their nature should survive termination, including but not limited to intellectual property rights, limitation of liability, indemnification, and governing law, shall survive termination.
If you have a complaint about our services, please contact our support team at [email protected]. We will acknowledge your complaint within five (5) business days and aim to resolve it within thirty (30) business days. If we are unable to resolve your complaint within this timeframe, we will notify you of the reasons for the delay and provide an estimated resolution timeline.
If your complaint is not resolved to your satisfaction through our internal complaints procedure, you may be eligible to refer the matter to the relevant financial ombudsman or alternative dispute resolution body in our jurisdiction of regulation.
These Terms and any dispute or claim arising out of or in connection with them (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of the jurisdiction in which N1CM is incorporated and regulated.
You agree that the courts of the jurisdiction in which N1CM is incorporated shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with these Terms, provided that we may bring proceedings against you in any court of competent jurisdiction.
If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid and enforceable, or if modification is not possible, it shall be severed from these Terms without affecting the validity and enforceability of the remaining provisions.
These Terms, together with our Privacy Policy, Cookie Policy, Order Execution Policy, and any other agreements or documents referenced herein, constitute the entire agreement between you and N1CM with respect to the subject matter hereof and supersede all prior or contemporaneous communications, representations, and agreements, whether written or oral.
No failure or delay by us in exercising any right, power, or remedy under these Terms shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power, or remedy preclude any other or further exercise of that or any other right, power, or remedy.
If you have any questions or concerns about these Terms of Service, please contact us:
