SmartProfitFX vs N1CM
N1CM publishes Standard, ECN and Raw Spread account rows, MT4/MT5 access, separate spread and commission materials, funding pages, CFD market pages and conflicting entity/licence wording.
Verdict
N1CM may fit traders who specifically want to research its Standard, ECN or Raw Spread account rows and its MT4/MT5 access. SmartProfitFX is the better fit only when the Eightcap-powered account setup is the main requirement and the commission edge is a supporting point.
Use it for the Eightcap-powered setup
SmartProfitFX can make sense for eligible non-US traders who want Eightcap-powered platform and market access, account resources, funding and withdrawal context, support information, and the $1 lower round-trip commission than opening directly with Eightcap.
Use it for N1CM's account menu
N1CM may fit traders who specifically want to compare Standard, ECN and Raw Spread accounts, MT4/MT5 access, WebTrader and mobile access, and N1CM's own funding methods.
Entity and cost pages conflict
Do not flatten N1CM's Saint Lucia footer, older legal materials, non-actionable SD XXX licence wording, MISA wording and CNMV warning into one simple regulatory statement.
Quick comparison
Research checked 2026-06-03. Broker terms can change; verify current official documents before opening or funding an account.
| Category | SmartProfitFX powered by Eightcap | N1CM |
|---|---|---|
| Best fit | Eligible non-US traders who want Eightcap-powered platform and market access, account resources, funding materials, support context and the $1 lower round-trip commission than opening directly with Eightcap. | Traders researching N1CM's Standard, ECN or Raw Spread accounts, MT4/MT5 access, crypto funding options and conflicting entity/legal wording. |
| Account setup | SmartProfitFX is an account-opening option powered by Eightcap, not the regulated broker. The trading relationship depends on current Eightcap documents. | N1CM account page lists Standard, ECN and Raw Spread with minimum deposits of $100, $500 and $1000, spreads from 1.2, 0.3 and 0.0 pips, and leverage up to 1:500. |
| Pricing | Eightcap-powered account terms should be checked through current Eightcap documents; SmartProfitFX adds a $1 lower round-trip commission than opening directly with Eightcap where applicable. | N1CM cost pages vary: the spreads page separately shows a $10,000 Raw Spread minimum deposit and Raw commission of $4.00 round turn, so verify live terms before opening. |
| Platforms | Eightcap-powered platform availability should be verified against current Eightcap platform pages and the eligible onboarding entity. | N1CM account page lists MT4/MT5 access, while separate platform pages describe MT5, WebTrader and mobile trading. |
| Markets | Forex and CFD market access depends on the current Eightcap-powered account infrastructure and jurisdiction. | N1CM lists forex, commodities, indices, share CFDs, crypto CFDs and precious metals, including 60+ forex pairs and 500+ share CFDs on reviewed pages. |
| Entity and regulation | SmartProfitFX should not be presented as the regulated broker; check the applicable Eightcap entity and legal documents. | Current N1CM footer identifies Number One Capital Markets LTD. as a Saint Lucia IBC, Reg. No. 2026-00218, and says it is not regulated, supervised or licensed by Saint Lucia FSRA. |
| Funding | Check current Eightcap-powered funding methods, processing times, fees and region rules before funding. | N1CM funding page lists bank wire, Visa/Mastercard, Skrill, Neteller, Perfect Money, BTC, ETH, USDT and select local bank transfer. Bank or provider fees may apply. |
| Eligibility and risk | SmartProfitFX eligibility follows current SmartProfitFX and Eightcap restrictions, including non-US availability limits. | Older N1CM footer wording excludes USA, Canada, Spain, Italy, Finland, Turkey, Iran and DPRK. N1CM risk wording says trading can result in loss of invested capital. |
N1CM source-checked broker details
The details below use N1CM account, spreads, funding, platform, instrument, licence/footer and risk pages plus CNMV and VFSC references and SmartProfitFX/Eightcap sources for the SmartProfitFX side. Broken N1CM document URLs were removed from verified sources.
Standard, ECN and Raw Spread rows conflict with homepage leverage copy
- Account page lists Standard, ECN and Raw Spread accounts with minimum deposits of $100, $500 and $1,000, while the demo account is separate.
- Account page lists live-account leverage up to 1:500, but the homepage also says up to 1:1000, so leverage copy needs page-specific wording.
- Standard lists 1.2 pips and no commission; ECN lists 0.3 pips and $3 per lot; Raw Spread lists 0.0 pips and $5 per lot on the account page.
- The account table lists MT4/MT5, hedging, scalping and Expert Advisors across all three live rows, with Free VPS on ECN/Raw and dedicated manager on Raw only.
Account page and spreads page disagree
- Spreads page commission structure shows Standard $0, ECN $6.00 round turn and Raw Spread $4.00 round turn for forex/metals.
- Spreads page shows Raw Spread minimum deposit of $10,000, conflicting with the account page Raw Spread minimum deposit of $1,000.
- Shares CFD commission is listed as 0.10% Standard, 0.08% ECN and 0.05% Raw; crypto commission is listed as $0 Standard, $8 ECN and $6 Raw round turn.
- Spreads page says spreads are variable and can widen around news, low liquidity, and market open/close conditions.
MT4/MT5 plus web and mobile routes
- Account page lists MT4 and MT5 for all live account rows.
- Homepage and platform pages list MetaTrader 5, Web Platform/WebTrader and Mobile Trading App.
- Homepage says trading platform features include advanced charting, Expert Advisors, one-click trading and desktop/web/mobile access.
- SmartProfitFX platform wording should stay tied to current Eightcap official platform pages, not N1CM platform claims.
1000+ instruments with asset-specific leverage
- Homepage and account page state 1000+ instruments across forex, commodities, indices, stocks, crypto and metals.
- Forex page states 60+ currency pairs; shares page states 500+ share CFDs.
- Precious metals page lists gold, silver, platinum and palladium CFDs, with up to 1:500 for gold/silver, 1:200 for platinum and 1:100 for palladium.
- Indices page lists US, European, Japanese, Australian, Spanish, Hong Kong and Euro Stoxx indices, mostly up to 1:200 but ESP35 and HK50 up to 1:100.
Zero N1CM deposit fee does not mean no transfer cost
- Funding page lists bank wire, Visa/Mastercard, Skrill, Neteller, Perfect Money, BTC, ETH, USDT and select local bank transfer.
- N1CM says it charges 0% deposit commission, but banks and payment providers may apply their own transfer fees.
- Minimum deposits are $100 for bank wire, $50 for cards/e-wallets/crypto and $100 equivalent for select local bank transfer.
- Withdrawals must be made to the same source used for deposits under AML rules.
Saint Lucia footer, non-actionable licence page and CNMV warning
- Current footer identifies Number One Capital Markets LTD. as a Saint Lucia IBC, Reg. No. 2026-00218, at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.
- Current footer says the company is not regulated, supervised or licensed by Saint Lucia FSRA, and says FX/CFD activities do not require an FSRA licence under current Saint Lucia law.
- Licence page uses FSA/SD XXX and active-good-standing wording, but SD XXX is not a usable licence number and conflicts with the footer.
- CNMV warning PDF says n1cm.com, N1CM and Number One Capital Markets Limited are not authorised for reserved investment services in Spain; VFSC list text did not contain Number One, N1CM or Capital Markets.
High leverage and conflicting documents require cautious copy
- N1CM footer says forex and CFD trading involves significant risk and can result in loss of invested capital.
- Risk disclaimer says traders should not invest more than they can afford to lose and should ensure they understand the risks involved.
- Risk disclaimer says leveraged products may not be suitable for all investors and past performance is not indicative of future results.
- The combination of leverage conflicts, pricing conflicts, broken document URLs and warning/regulator caveats should stay visible in the public comparison.
N1CM caveats
These caveats matter because N1CM pages do not present one clean entity and pricing story.
Do not simplify the entity story
Current footer, licence page, VFSC list absence and CNMV warning point in different directions, so each source needs its own wording.
Raw Spread terms vary
The account page and spreads page show different Raw Spread minimum-deposit and commission information, so current portal terms matter before opening.
Listed PDFs returned 404
N1CM client agreement and AML policy URLs returned 404 HTML during recheck and are not treated as verified source documents.
CNMV warning is jurisdiction-specific
The CNMV warning is a Spain authorisation caveat and should not be rewritten as a global licence finding.
Who should choose which?
The better fit depends on whether the trader wants the Eightcap-powered SmartProfitFX setup or N1CM's own account menu with its source caveats.
- You are eligible outside the United States and want the Eightcap-powered account experience.
- You want Eightcap-powered platform access, market access, account resources, funding information and support context in one setup.
- The $1 lower round-trip commission than opening directly with Eightcap matters after the platform and account fit are already clear.
- You prefer not to rely on N1CM's conflicting entity and Raw Spread cost pages.
- You specifically want to compare N1CM Standard, ECN or Raw Spread account terms.
- You want MT4/MT5 access plus WebTrader and mobile materials under the N1CM brand.
- You have checked N1CM's live funding methods and current cost table.
- You understand the Saint Lucia footer caveat and the CNMV Spain warning context.
FAQs
Is SmartProfitFX better than N1CM?
SmartProfitFX is better only when the Eightcap-powered account setup, platform and market access, account resources, funding/support context and $1 lower round-trip commission than opening directly with Eightcap fit better than N1CM's own account rows.
Which N1CM account types are visible?
The checked account page lists Standard, ECN and Raw Spread accounts with minimum deposits of $100, $500 and $1000. Another N1CM cost page shows different Raw Spread minimum-deposit detail.
Is N1CM regulated?
Do not describe N1CM simply as regulated. The current footer identifies a Saint Lucia IBC and says it is not regulated, supervised or licensed by Saint Lucia FSRA, while other N1CM materials use different entity wording.
Can U.S. residents use this comparison as an account-opening guide?
No. SmartProfitFX eligibility must follow SmartProfitFX and Eightcap restrictions, including non-US limits, and N1CM's older footer wording excludes USA clients.
What is the main N1CM risk issue?
The main risk issue is leveraged forex and CFD trading. N1CM risk wording warns that trading can result in loss of invested capital and may not suit all investors.
Sources checked
Source date: 2026-06-03. Primary-source URLs below were checked directly for the current brief; no third-party broker databases were used for N1CM facts.
- N1CM homepage: www.n1cm.com/
- N1CM account types: www.n1cm.com/accounts/account-types.html
- N1CM spreads and commissions: www.n1cm.com/conditions/spreads-commissions.html
- N1CM deposits and withdrawals: www.n1cm.com/accounts/deposits-withdrawals.html
- N1CM MT5 platform: www.n1cm.com/platforms/mt5.html
- N1CM WebTrader: www.n1cm.com/platforms/web-platform.html
- N1CM mobile trading: www.n1cm.com/platforms/mobile-trading.html
- N1CM forex: www.n1cm.com/trading/forex.html
- N1CM commodities: www.n1cm.com/trading/commodities.html
- N1CM indices: www.n1cm.com/trading/indices.html
- N1CM shares: www.n1cm.com/trading/shares.html
- N1CM cryptocurrencies: www.n1cm.com/trading/cryptocurrencies.html
- N1CM precious metals: www.n1cm.com/trading/precious-metals.html
- N1CM licence page: www.n1cm.com/about/license-regulations.html
- CNMV warning PDF: www.cnmv.es/webservices/verdocumento/ver?e=GKvIfTi2EBCSmh1XgD98SYbgIfO3RtNU2TGg1f2UJVUILCnUAEn6Pt63MwWh%2BqV8
- VFSC Financial Dealers list: www.vfsc.vu/financial-dealers-licensee-list/
- SmartProfitFX FAQs: smartprofitfx.com/resources/faqs
- Eightcap account types: www.eightcap.com/en/account-types/
- Eightcap platforms: www.eightcap.com/en/traders/platforms/
- Eightcap legal documents: www.eightcap.com/en/legal-documents/
Related comparisons
Compare N1CM with other detailed comparisons where entity wording, cost tables and offshore risk need careful handling.
Compare the sources before opening
If SmartProfitFX powered by Eightcap is the better fit, use the SmartProfitFX account link so the account opens through SmartProfitFX.