N1CM licence record
Is N1CM regulated by the VFSC?
Yes, according to our records. N1CM is matched to a licence from the Vanuatu Financial Services Commission (Vanuatu). Confirm it on the register before relying on it.
What the VFSC licence means
According to our records, N1CM holds a licence from the Vanuatu Financial Services Commission (VFSC), the financial regulator for Vanuatu. We classify the VFSC as tier 4 — light / offshore. Light-touch offshore licensing, registration-only jurisdictions or self-regulatory dispute bodies. Minimal practical protection.
For N1CM clients whose account is held by its VFSC-regulated entity, the key protections are: compensation — No compensation scheme; retail leverage — No statutory cap; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Dealers in Securities licence conditions. Disputes can be taken to VFSC.
Protection at a glance
- Regulator tier
- Tier 4 — Light / offshore
- Compensation scheme
- No compensation scheme
- Retail leverage
- No statutory cap
- Negative balance protection
- Not a regulatory requirement
- Client money
- Dealers in Securities licence conditions
- Complaints
- VFSC
How to verify this licence
- Open N1CM's client agreement or website footer and note the exact company name and VFSC licence number.
- Search that name or number on the official VFSC register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (n1cm.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the VFSC warnings page and IOSCO I-SCAN for the brand name.
Frequently asked questions
Is N1CM regulated by the VFSC?
Our database records N1CM as holding a licence from the Vanuatu Financial Services Commission. Confirm the current status on the VFSC register: https://www.vfsc.vu/
Does the VFSC licence protect all N1CM clients?
No. It protects clients whose account is with the specific N1CM company licensed by the VFSC. Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for N1CM clients under the VFSC?
No compensation scheme
What leverage can N1CM offer under the VFSC?
No statutory cap