1Broker.io Forex Broker

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.