Score

1.53 /10
Danger

1Broker.io

Marshall Islands

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.12

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

1Broker.io · Company summary

General Information & Regulation

1Broker is an offshore broker, owned and operated by 1Pool Ltd. a company registered in the Marshall Islands. 1Broker is a bitcoin-only Forex and CFD trading platform, developed entirely to service the bitcoin-holding market looking to invest in mainstream instruments, which can clearly show that it is scam broker, plus under no regulation anywhere.

1Broker Was Closed

1Broker was established on November 9th 2012 and was closed on September 27th 2018. So, the company is inactive at this stage.

Markets Instruments

Tradable financial instruments available on the 1Broker platform including the following:

  • Over 20 currency pairs

  • 1Crypto Pair

  • 13 Indices CFDs

  • 3 Metal CFDs

  • 2 Energy CFDs

  • Over 35 Stocks CFDs

Minimum Deposit

1Broker does not requires any minimum deposit. Although this sounds encouraging, given the fact that this broker is unregulated, traders are not advised to register real trading accounts here.

Leverage

1Broker offers the leverage up to 1:200, which can almost satisfy with all traders trading strategies. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

1Broker offers both variable and fixed spreads, with the spread on the EUR/USD pair is 1 pip, quite in line with the industry standard. However, given the fact that 1Broker is not subject to any regulation, extra vigilance should be applied when investing with this broker.

Trading Platform Available

1Broker does not offer any of the “conventional” forex exchanging stages like MT4 OR MT5. Rather it has its own exchanging stage with a somewhat disentangled interface and not all that many highlights and Alternatives.

Deposit & Withdrawal

1Broker only accepts payment in Bitcoin, which is a worrying sign. Depositing through crypto wallet can be quite dangerous. The disadvantages are as follows:

  • Bitcoin are not widely accepted

  • Wallet can be lost

  • Bitcoins Valuation Fluctuates

  • Risks of unknown technical flaws

  • No Physical form

  • No valuation Guarantee

Customer Support

The 1Broker does not offer a decent customer support and they can only be reached throughemail: support@1broker.io.

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FX1225355498
more than one year
Do not invest here. They are very quick to collect your money, but when it comes time to withdraw it, they stop answering your calls and emails and then eventually disappear.
Do not invest here. They are very quick to collect your money, but when it comes time to withdraw it, they stop answering your calls and emails and then eventually disappear.
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2023-02-20 13:57
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