Headquarters: Marshall Islands Description: We Connect Bitcoin with Global Markets Website: https://1broker.com 24-hour trade volume: ? Availability: Worldwide
User Experience
Design
Poor - Although the platform is fairly easy to navigate, it's definitely not beginner friendly. Reminds me of Myspace in the early days. You can usually find what you're looking for with a little clicking around but one of the worst user experiences I've tested.
Beginner-Friendly
No - Getting started took some figuring out. I wouldn't recommend this platform to beginners.
Documentation
Yes - the help center has a number of useful articles on a variety of topics.
Customer Support
Yes - Both chat and email support are offered
Security
Verification Tiers
None - 1Broker only requires you to create an account and confirm your email address to start trading.
2-Factor Authentication
Yes - via Google Authenticator & SMStan
Insurance
No - I didn't find any information about insurance for funds on 1Broker. They did mention on their website how important security is to the company and that they've never experienced a hack.
Storage
95% of user funds stored in hardware & paper wallets. Only the owner of the company has access to these funds. Backups are geographically dispersed.
Encryption
No - Other than SSL encryption I didn't find any additional information.
Payment & Fees
Deposits
There's no fee to deposit funds with 1Broker.
Withdrawals
1Broker charges a .001 BTC withdrawal fee.
Additional Fees
1Broker offers a unique service that allows you to copy the trades of the most successful traders automatically. This one feature alone has attracted a lot of attention. As a result of its popularity, you'll pay 2% to enable this feature. I'm not sure how that 2% is calculated, but I'll update this post as soon as I'm done testing it out.
Accepted Payment Methods
1Broker is a crypto only platform. If you'd like to fund an account and begin trading, you'll need to do so in Bitcoin.
Supported Cryptocurrencies / Trading Pairs
1Broker offers a variety of markets for trading including:
Forex
Stocks
Cryptocurrency
Indices
Commodities
1Broker no longer supports cryptocurrency trading. All cryptocurrency trading will move to 1Fox launching in 2018.
Technology
Reliability
In my short experience, reliability has not been an issue. Check out their uptime.
Mobile App
Yes - Android