deposit:
- $250
Trading platform:
- MetaTrader5
- 1Market platform
- MiFID
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of 1Market Trading Company
The 1Market platform is an international Forex broker that provides traders with access to Forex trading, commodities, indices, stocks and ETFs. The company works with clients from different countries, except for US citizens and its residents. 1Market offers convenient trading terminals, a variety of accounts and trading instruments, as well as reliable regulation. The company is registered in 27 countries of the European Union. For 2021, 1Market received the Best CFD Broker and the Best Introducing Broker awards.
👍 Advantages of trading with 1Market:
- Free demo account.
- Extensive base with educational materials and tools for market analysis.
- Round-the-clock support service.
- Many groups of trading instruments.
- Availability of an Islamic account.
- Reliable regulation and registration in 27 EU countries.
- Cooperation with an independent body that is involved in resolving disputes between 1Market and its clients.
👎 Disadvantages of 1Market:
- The process of depositing and withdrawing funds takes 3 working days or longer.
- The broker does not offer passive income programs, bonuses, or contests.
- Separate bank accounts are not used to segregate customer funds.
Geographic Distribution of 1Market Traders
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Investment Programs, Available Markets and Products of the Broker
The 1Market broker is focused on cooperation with active traders who profit from independently executed trades. Clients of the broker can use stocks or exchange-traded funds (ETFs) as investment instruments. Programs for generating passive income are not provided at 1Market.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
1Market’s affiliate program:
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Affiliates. Program participants can earn income for promoting the 1Market broker on the network. The broker provides marketing materials and support, and there are 3 types of affiliate programs to choose from such as Revshare, CPA, and Hybrid.
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Introducing Broker. Any client can become a representative of 1Market and make money on it. The brokerage provides a personal manager, and an individual approach allows you to determine your conditions for participation in the program.
1Market guarantees a transparent system of payments, as well as an individual approach to each participant in the affiliate program. The amount of income depends on the fulfillment of the agreed conditions by the client.
Trading Conditions for 1Market Users
Traders who choose to trade with 1Market get the opportunity to trade on 1Market’s proprietary platform or the MetaTrader 5 terminal. The client can choose only one platform and open only one trading account, and there are 8 of them from which to choose: Six of them are for trading through ParagonEx, and 2 others are for MetaTrader 5. The minimum deposit for MT5 is $250, and for ParagonEx, it is $500. The trading instruments are currency pairs (major, cross-currency pairs, and exotic), indices, stocks, exchange-traded funds, CFDs, and raw materials. The spread for ParagonEx is fixed; for MT5, it floats from 0 to 1 pip. 1Market clients can trade from mobile devices and also receive additional income for participating in the affiliate program. Bonuses and investment offers are not provided by this brokerage.
$250
Minimum
deposit
1:500
Leverage
24/5
Support
| 💻 Trading platform: | 1Market platform (ParagonEx platform), MetaTrader 5 |
|---|---|
| 📊 Accounts: | For ParagonEx Platform: Mini, Standard, Gold, Platinum, Diamond, VIP; for MetaTrader 5: Standard, Zero Spread |
| 💰 Account currency: | EUR, USD, GBP |
| 💵 Replenishment / Withdrawal: | Bank cards, Visa, MasterCard, Maestro, Visa Electron, Live Kash, electronic payment system Skrill and B-Wallet |
| 🚀 Minimum deposit: | $250 |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | Floating (for MT5), fixed (for ParagonEx) |
| 🔧 Instruments: | Currency pairs, indices, commodities, CFDs, ETFs, stocks |
| 💹 Margin Call / Stop Out: | 50% / 20% |
| 🏛 Liquidity provider: | No data |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | STP |
| ⭐ Trading features: | The broker offers commission-free stock trading |
| 🎁 Contests and bonuses: | Yes |
1Market Commissions & Fees
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard (MT5) | From $10 | Not charged by this broker, but can be set by the payment system. |
| Zero spread (MT5) | From $0 | Not charged by this broker, but can be set by the payment system. |
For the transfer of a position to the next trading day, 1Market charges swap fees, their size depends on the type of asset. Upon demand, 1Market clients can open an Islamic account with no swap fees.
For greater objectivity, analysts at the Traders Union compared trading commissions at 1Market with those of its competitors such as the RoboForex and FXPro brokers. You can see the comparative results in the table below.
| Broker | Average commission | Level |
| 1Market | $5 | Medium |
| RoboForex | $1 | Low |
| Pocket Option | $8.5 | High |
Detailed Review of 1Market
The 1Market Forex broker provides services to clients from around the world. Both an advanced user and a beginner can open an account with the company. The broker does not impose requirements on the existence of experience and provides traders with materials for education and professional development such as articles, market reviews, and analytical materials. 1Market clients have the opportunity to trade a variety of currency pairs, including exotics, as well as stocks, indices, ETFs, commodities, and CFDs. Trading is carried out on one of two platforms: MetaTrader 5 or the broker's own terminal, the ParagonEx Platform.
1Market’s success by the numbers:
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The company offers over 560 trading instruments.
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The minimum spread size is from 0 pips.
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The support service works 24/5.
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The maximum leverage is 1:500.
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The broker is registered in 27 countries.
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The broker's website is presented in 15 languages.
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Customer support service serves customers in 11 languages.
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Traders have access to 120+ indicators and charts.
1Market is a reliable broker for active traders
The trading conditions of the company are suitable for those traders who make money on independent trades. For high-quality work, 1Market provides access to a variety of indicators and other tools for analyzing the market situation, like high-quality trading platforms and STP technology. Copy services, PAMM accounts, and other ways to generate passive income are nonexistent. The only way to generate income without being engaged in trading is to use an affiliate program. The broker offers convenient options for participation, which are negotiated with clients individually.
1Market understands how important it is to have access to trade wherever you are. Therefore, the broker's clients can trade through the MetaTrader 5 desktop application and a mobile application for iOS and Android. The broker's own trading platform is available in web format: to use it, a trader only needs a device with internet access.
Useful services of the 1Market broker:
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1nsight. Live feed, which displays the results of traders' analytics and 1Market assets. Trends, discontinuities in volumes and volatility, and trend reversals are automatically determined.
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Trading Central. The service places 3 trading signals per day for free.
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Financial News. In this section, traders have access to contemporary news from the economic world. News is updated in real-time and is available from Monday to Friday.
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Daily Market Report. Daily market reviews are published here, as well as an archive of previous reviews.
Advantages:
A lot of educational and analytical information for the development of traders is available on the broker's website.
A demo account is available to all clients.
The company is licensed and well-regulated.
The broker opens Islamic accounts upon request.
1Market offers a wide selection of assets from different groups.
Communication with the support service is carried out conveniently.
Trading from mobile devices is available.
1Market provides negative balance protection.
There are no account or transaction fees.
You can get additional income by participating in an affiliate program.
How to Start Making Profits — Guide for Traders
1Market provides services at an international level and offers clients several types of trading accounts, which differ in the number of useful services and services available to traders. 1Market offers 6 account types for the ParagonEx Platform and 2 more account types for MetaTrader 5 users.
Account types:
Also, 1Market clients can apply to open a professional account, which provides access to unique trading conditions. A demo account is available to all clients who have registered on the broker's website.
Before opening an account, keep in mind that 1Market is not eligible to service traders from the United States, therefore, services are not provided to residents of that country.
Bonuses Paid by the Broker
1Market does not offer its customers any contests, welcome bonuses, or other bonus incentives. You can get income in 1Market exclusively through successful and independent trading, for which the broker offers comfortable conditions for both beginners and experienced market participants.
Investment Education Online
The 1Market broker is ready to cooperate with both professional market participants and newcomers. The company offers a powerful educational base that will help novice traders understand the peculiarities of trading with various instruments, master the psychology of trading, and get positive results. Professionals, on the other hand, can evaluate additional 1Market resources such as 1nsight live feed with analysis of traders' trades, market news, and reviews.
To test new trading strategies or your skills, we recommend using a demo account. It is available to all 1Market clients after registering on the site. To activate a demo account, go to the "Settings" section and select "Demo mode".
Security (Protection for Investors)
The broker is operated by Podora, Ltd and is registered in the Marshall Islands, registration number: 107838. 1Market is under the supervision of MiFID and is compliant with the standards and requirements of that authority. The broker is registered with regulatory authorities in 27 countries, including Germany, Great Britain, Finland, Sweden, Belgium, Portugal, Austria, Slovakia, and others.
1Market has KYC rules, which means that all clients undergo detailed verification and identity verification. The protection of personal information is ensured by the use of the SSL cryptographic protocol. In addition, 1Market cooperates with the Investor Compensation Fund, which acts as an independent body in resolving disputes between a broker and a trader.
👍 Advantages
- Registration in 27 EU countries
- The broker is licensed and regulated
- 1Market collaborates with the Investor Compensation Fund, which protects the clients’ rights
👎 Disadvantages
- The broker does not use segregated accounts to store client funds
Withdrawal Options and Fees
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To deposit and withdraw funds, the broker offers the following methods: bank cards, Visa, MasterCard, Maestro, Visa Electron, Live Kash, electronic payment systems Skrill, and B-Wallet.
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1Market processes transactions within 3 working days, the transaction time varies from 3 to 14 business days, depending on the payment system selected.
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Funds are withdrawn using the payment method that was used for the first account replenishment.
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The broker does not charge a commission for making payments, but additional fees may be set by payment systems.
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Withdrawal of funds to a personal account is available only after the client passes verification.
Customer Support Service
The 1Market company provides its own support service, which is ready to assist in solving problems of traders and site visitors 24/5.
👍 Advantages
- This broker offers several ways to contact customer support
- The support service works around the clock, 24/5.
- Basic information about the broker’s activity is in the FAQs section.
👎 Disadvantages
- 1Market broker has no real offices
- Customer support is closed on weekends
To contact support, 1Market clients can use the following methods:
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call the specified number;
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send a message via Whatsapp;
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fill out the feedback form;
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send an email;
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use the chatbot on the site.
The broker’s representatives can also be found on social networks such as Facebook, Twitter, LinkedIn, YouTube, Instagram, and Telegram.
Contacts
| Foundation date | 2017 |
| Registration address | The 1Market broker is registered at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. |
| Regulation |
MiFID |
| Official site | https://www.1market.com/ |
| Contacts |
Email:
support@1market.com,
|
Review of the Personal Cabinet of 1Market
You can start trading with 1Market after creating a user account on the broker's website. Below are step-by-step instructions which you can follow to register on the 1Market website and gain access to the trading advantages of the broker.
To get started, go to the official website of the broker. To register on the main page, click on the "Register Now" button, which is located in the upper right corner of the screen.
Now fill out a short form by entering your first name, last name, email address, creating a password for your user account. Indicate the country of your residence and your contact phone number. Click “Continue” to proceed further.
After completing the form, you will be taken to your user account. The broker invites each new user to tour the user account, and the instructions consist of 7 steps. You can skip it. You can open a real trading account with 1Market only after verification.
The functionality of the 1Market user account:
1. In the “My Account”, you need to specify your personal data in greater detail, as well as upload scanned documents for verification.
2. Deposit. You can deposit funds directly to your user account via this section.
3. Settings. Here you can set up notifications from 1Market.
1. In the “My Account”, you need to specify your personal data in greater detail, as well as upload scanned documents for verification.
2. Deposit. You can deposit funds directly to your user account via this section.
3. Settings. Here you can set up notifications from 1Market.
Also in the user account, the trader has access to:
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Portfolio. This section contains the history of completed trades.
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Transaction History. Here you can see the history of transactions all transactions such as deposits, withdrawals, etc.
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Refer a Friend. This section displays data about the affiliate program if a trader takes part in it.
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Calendar. The calendar displays information about upcoming and current economic events that may affect the movement of assets.
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Guide. A quick guide to the trading platform in two parts, as well as a guide for novice traders.
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Info Center. It contains a knowledge base about trading instruments at 1Market, the trading platforms, the broker, and company resources.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
FAQs
Why has 1Market been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against 1Market by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of 1Market is down, not updated or operates with clear errors and some features are not available;
• 1Market has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if 1Market got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why 1Market got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from 1Market?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if 1Market is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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