Score

1.46 /10
Danger

1MARKET

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.60

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

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

Single Core

1G

40G

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Regulatory disclosure

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Danger

ES CNMV
2022-11-07
WARNING FROM CNMV ON UNREGISTERED INSTITUTIONS
1MARKET
T4Trade
ADAR Capital
ADAR Capital
Networkfsi

Danger

FR AMF
2022-10-19

Warning

FR AMF
2022-10-19

Broker Information

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Company Name

Podora Limited

Company Abbreviation

1MARKET

Platform registered country and region

Marshall Islands

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 366/18) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Sources
1MARKET · Company summary

General Information & Regulation

Established in 2021, 1Market is an online broker and regulated provider of CFDs, a brand owned and operated globally by Podora Ltd., a Marshall Islands company with registration number 107838. 1Market offers trading and investing services in shares, margin forex, commodities, and indices, under the CySEC licence no. 366/18.

Market Instruments

Tradable financial instruments available at 1Market are currency pairs, shares, commodities, indices, Zero commission stocks, ETFs.

1Market Minimum Deposit

There are six account options in total available at 1Market. The account types and their corresponding minimum deposit requirements are as follows: Mini (deposit from 500 USD to 1,000USD), Standard (deposit from $1,000 to $1,0000), Gold (deposit from $5,000 to $50,000), Platinum (deposit from $10,000 to $100,000), Diamond (deposit from $50,000 to $500,000), and VIP accounts (deposit from $100,000 to $1,000,000).

IMarkets requires a deposit from $500 as a trading start, which seems to be relatively higher than most brokers who ask only $50 to $100 for new investors to open an account.

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1Market Leverage

As what is announced on 1Market website, leverage levels are subject to the terms and trading conditions. The maximum leverage offered by this broker is up to 1:400, however, investors are advised to use leverage in light their risk tolerance.

Spreads & Commissions

On 1Markets website, there is no specific information on spreads and commissions, which is kind of weird for a regulated broker not display its important trading conditions. So investors should be careful, for this may be a scam scheme.

1Market Trading Platform

1Market‘s traders are given access to two trading platform options, MT5 trading platform and a proprietary online platform. MT5 is built with various trading tools and capabilities — nine chart types, expert advisors, multiple timeframes, and more - to offer seamless access to the global financial markets. 1Markets’ MT5 trading platform is available in desktop, web, and mobile versions.

Insight Trading

1nsight delivers up-to-the-minute, measurable trade insights which are the essence of successful online trading. With 1nsight Feed, you can measure the activity of your peers as they trade. Gather steam and lead the trend. Powered by a set of intelligent algorithms, 1nsight scans the trading activity of thousands of traders and assets available on 1Market‘s platform to provide real-time, data-driven insights into the community’s morale.

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1Market Deposit & Withdrawal

1Market accepts traders to deposit and withdraw funds via bank transfer, Credit/Debit card, and some e-payment processors including Neteller, Skrill, Paysafecard, Sofort. The time taken to process transactions may vary depending on the payment method used.

Customer Support

1Market offers customer support team who claim to be available 24/5 and can be contacted via telephone, email, online form, and social media.

User Reviews

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User comment

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Comments

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Chun1776
more than one year
These people just suck! They don’t care about your losses, and all they want is my money. Thankfully, I left this broker earlier, and I didn’t suffer much.
These people just suck! They don’t care about your losses, and all they want is my money. Thankfully, I left this broker earlier, and I didn’t suffer much.
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2023-02-20 10:44
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Gary
more than one year
No invertas aquí! este 1 market broker no tiene ninguna regulación efectiva y existe alta posibilidad de que sea un estafador. aunque no hemos visto ninguna denuncia, no podemos creerlo con credulidad.
No invertas aquí! este 1 market broker no tiene ninguna regulación efectiva y existe alta posibilidad de que sea un estafador. aunque no hemos visto ninguna denuncia, no podemos creerlo con credulidad.
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2023-02-14 17:53
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