2019-03-11: The CFTC has ordered 1pool LTD, the owner of 1fox.com and 1broker.com to pay $990,000 for Illegal Bitcoin-Related Transactions with U.S. Customers. CLICK HERE to verify.
2018-09-27: The FBI has seized the 1Broker.com domain. CLICK HERE for more information and to verify.
Owned by 1pool LTD. Related sites include 1fox.com and 1pool.ltd
1Broker is a forex broker. 1 Broker offers the 1Broker trading currency platforms. 1Broker.com,offers currency pairs, bitcoin, stocks, indices, commodities, cfds, gold and silver,for your personal investment and trading options.
The 1Broker.com domain has been seized by the Federal Bureau of Investigation in accordance with a seizure warrant issued pursuant to 18 U.S.C. §§ 981 and 982, for violations of 18 U.S.C. § 1956 (money laundering), 15 U.S.C. § 78ff (willfully operating as an unregistered broker/dealer of securities), and 7 U.S.C. § 13 (willfully operating as an unregistered futures commission merchant), upon a probable cause finding by the United States District Court for the District of Columbia.
Not sure what is going on here. Based on the reviews and some here say knowledge of the people involved, they were doing business honestly, just unregulated as it is difficult to get registered in the EU. My understanding they were doing crypto trades and properly hedging on the CME (unregistered futures commission merchant). Perhaps they had clients unaware doing money laundering.
Just because a broker is registered does not mean integrity ... and in a some cases unregulated brokers are better than the regulated ones.
It is what it is.
Review moderation team note
Thank you for bringing this to the FPA's attention.