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1Market Company

  

1market Company Overview

  

Founding Date and Background

  1market is an online trading platform that was established in 2017. It operates as a broker for various financial instruments, including forex, stocks, commodities, and CFDs (Contracts for Difference). The platform aims to democratize trading by providing a user-friendly interface and advanced trading tools to both novice and experienced traders.

  

Parent Company/Ownership Structure

  1market is owned and operated by Podora Ltd., a financial services provider based in the Marshall Islands. The company is structured to meet international regulatory standards, allowing it to offer a broad range of trading services globally.

  

Headquarters Location

  The headquarters of 1market is located in Limassol, Cyprus, which is a strategic location for financial services within the European Union.

  

Global Business Scope

  1market caters to a diverse global clientele, offering services in multiple countries. However, it does not provide services to residents of the United States. The platform is designed to accommodate traders from various regions, including Europe, Asia, and the Middle East.

  

Main Regulatory Bodies

  1market is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 366/18. This regulation ensures that the broker adheres to strict financial standards and practices, providing a layer of security for its clients.

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Company History and Development

  

Key Milestones

  Since its inception, 1market has made significant strides in establishing itself as a reputable broker. Key milestones include the achievement of regulatory licensing from CySEC in 2017 and the launch of its proprietary trading platform, which has undergone several updates to enhance user experience.

  

Business Expansion Journey

  1market has expanded its offerings significantly since its launch. Initially focusing on forex trading, the broker has grown to include a wide range of financial instruments, including commodities, indices, and ETFs. This expansion has been driven by a commitment to meet the evolving needs of its traders.

  

Customer Base Growth

  The platform has seen steady growth in its customer base, attracting traders from various backgrounds. As of 2023, the company reports servicing clients from over 27 countries, with a focus on providing localized support in multiple languages.

  

Platform Development History

  1market's trading platform has evolved over the years, incorporating advanced features such as real-time market analytics, social trading options, and a user-friendly interface. The introduction of the 1nsight tool allows traders to gain insights into market trends based on collective trading activity.

  

Important Awards or Recognitions Received

  In 2021, 1market received accolades for being one of the best CFD brokers and best introducing brokers, highlighting its commitment to providing quality trading services.

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Trading Services Offered

  

Forex Trading Options

  1market offers a comprehensive range of forex trading options, with access to over 50 currency pairs. This includes major pairs like EUR/USD and GBP/USD, as well as minor and exotic pairs, allowing traders to diversify their trading strategies.

  

Stock Trading Options

  The platform allows commission-free trading on a selection of stocks from some of the world's leading companies. Traders can invest in shares of major brands, including tech giants and green stocks, enhancing their investment opportunities.

  

CFD Trading Products

  1market specializes in CFD trading, providing access to a vast array of assets. This includes CFDs on stocks, commodities, indices, and ETFs, enabling traders to speculate on price movements without owning the underlying assets.

  

Other Financial Instruments

  In addition to forex and stock trading, 1market offers a variety of other financial instruments, including commodities like gold and oil, as well as indices from major stock exchanges. The platform is continually expanding its product offerings to meet trader demand.

  

Special Services or Unique Advantages

  One of the unique advantages of trading with 1market is the availability of educational resources and trading tools. The platform provides a free demo account, extensive market analysis tools, and a dedicated support team available 24/5. Additionally, the social trading feature allows clients to copy the trades of successful investors.

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Regulatory and Legal Background

  

Detailed Regulatory Information

  1market is primarily regulated by the Cyprus Securities and Exchange Commission (CySEC), which oversees its operations in the EU. Additionally, it adheres to the Markets in Financial Instruments Directive (MiFID II), ensuring compliance with EU regulations. The broker is also registered in multiple jurisdictions, providing a framework for international operations.

  

  1market operates under different legal entities depending on the region. In the EU, it is registered as Exel Cius Prime Ltd., while in other regions, it operates under Podora Ltd. This dual-entity structure allows 1market to cater to a broader audience while maintaining compliance with local regulations.

  

Client Fund Protection Measures

  To protect client funds, 1market employs several measures, including the use of segregated accounts for client deposits. This ensures that client funds are kept separate from the company's operational funds, providing an additional layer of security.

  

Countries/Regions Served

  1market serves clients from various countries across Europe, Asia, and the Middle East. However, it does not accept clients from the United States or certain other jurisdictions due to regulatory restrictions.

  

Compliance History

  1market has maintained a clean compliance record since its establishment, adhering to the regulatory requirements set forth by CySEC and other relevant authorities. The broker has not faced any significant legal issues or sanctions.

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Competitive Landscape

  

3-5 Main Competitors

  1market competes with several other online brokers in the financial services industry, including:

  • CM Trading
  • Doo Prime
  • RoboForex
  • FXPro
  • eToro

  

Positioning in the Industry

  1market positions itself as a reliable broker for both novice and experienced traders, offering a comprehensive range of trading instruments and a user-friendly platform. Its regulatory compliance and commitment to customer service further enhance its standing in the industry.

  

Market Differentiation Factors

  Key differentiation factors for 1market include its focus on educational resources, advanced trading tools like the 1nsight analytics tool, and a commitment to providing a secure trading environment. The availability of both proprietary and popular platforms like MetaTrader 5 also sets it apart from competitors.

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  In conclusion, 1market has established itself as a notable player in the online trading industry, driven by its commitment to regulatory compliance, customer service, and innovative trading solutions. As the company continues to grow and adapt to market demands, it remains a viable option for traders seeking a reliable and feature-rich trading platform.

  For more information on 1market, learn more.