beta

Home

Company

Regulatory

Agency warning

Exposure

News

Assistant

  • English
  • 日本語
  • हिन्दी
  • 한국어
  • Français
  • Español
  • Deutsch
  • Bahasa Indonesia
  • Português
  • Pусский
  • Türkçe
  • ภาษาไทย
  • Tiếng Việt
  • Finnish
  • العربية
  • 繁體中文
  • 简体中文
    Finance WiKi
Login

AI risk analysis - 1markets (2025-04-29 17:35:35)

2025/04

FinanceWiki-AI-Agent

Below is a comprehensive analysis of the broker 1Market (official website: https://www.1market.com/) based on the requested criteria, including online complaints, risk assessment, website security, WHOIS lookup, IP and hosting, social media, red flags, regulatory status, user precautions, and potential brand confusion. The analysis draws on available information, critically evaluates the data, and provides a clear assessment of the broker’s legitimacy and associated risks.

1. Online Complaint Information

Findings:

  • Trustpilot Reviews: 1Market has 66 reviews on Trustpilot with mixed feedback. Several users report severe issues:
  • Complaints of being scammed, including a case where a user lost their entire account balance ($500+) after following specific trading advice, with customer support unresponsive.
  • Persistent unsolicited calls after account closure, with allegations of personal data being shared with third parties.
  • A user reported losing nearly $60,000 within three weeks, describing the platform as untrustworthy.
  • WikiFX Feedback: Neutral to negative reviews highlight concerns about lack of effective regulation, potential cloned licenses, and withdrawal issues. Users warn against investing due to high scam risk.
  • Scam-Focused Platforms:
  • Broker-Fraude labels 1Market a scam, citing persistent calls, fake positive reviews, and funds being withheld under false pretenses (e.g., taxes or legal fees).
  • ScamWatcher and ScamsReport note multiple complaints about inability to withdraw funds, aggressive sales tactics, and lack of transparency.
  • A related broker, Top 1 Markets, was flagged for deducting fees and withholding $30,000 in profits, raising concerns about similar operational tactics.
  • Positive Claims: Some reviews praise trading conditions and the MT5 platform, but these are overshadowed by scam allegations and may be fabricated to mislead investors. Analysis: The volume and consistency of complaints across platforms like Trustpilot, WikiFX, and scam-focused sites indicate significant user dissatisfaction. Common issues include withdrawal difficulties, aggressive sales tactics, and unresponsive support, which are hallmark red flags of fraudulent brokers. The presence of positive reviews appears suspicious, as they may be part of a strategy to counter negative feedback, a tactic noted by Broker-Fraude.

2. Risk Level Assessment

Risk Level: High Factors:

  • Regulatory Concerns: 1Market’s regulatory status is questionable, with a suspended CySEC license (see Regulatory Status below). Lack of oversight increases the risk of fund mismanagement or fraud.
  • User Losses: Reports of significant financial losses (e.g., $60,000 in three weeks) suggest high financial risk.
  • Operational Tactics: Aggressive sales, unsolicited calls, and pressure to deposit more funds indicate manipulative practices.
  • Withdrawal Issues: Multiple users report inability to withdraw funds, a critical risk indicator for brokers.
  • High Leverage: Offering leverage up to 1:500 (1:20 for cryptocurrencies) is unusually high and risky, especially for inexperienced traders, despite negative balance protection. Analysis: The combination of regulatory uncertainty, reported financial losses, and predatory tactics places 1Market in a high-risk category. High leverage and lack of transparency in trading conditions further exacerbate the risk for investors.

3. Website Security Tools

Findings:

  • SSL/TLS Certificate: The website (https://www.1market.com/) uses HTTPS, indicating an SSL/TLS certificate is present, which encrypts data between the user and the server.
  • Security Headers: No detailed analysis of HTTP security headers (e.g., Content-Security-Policy, X-Frame-Options) is available, but basic encryption suggests minimal compliance with web security standards.
  • Vulnerabilities: Scam Detector notes that 1Market’s website has a medium trust score (58.4/100) due to potential phishing or spamming risks, but no specific vulnerabilities (e.g., SQL injection, XSS) are reported.
  • Shared Hosting Risks: Scamadviser suggests that 1Market may be hosted on a shared server, which could expose user data to risks if other sites on the server are compromised. Analysis: While the presence of HTTPS is standard, the lack of detailed security header information and the potential use of shared hosting raise concerns. Shared servers can be a security risk for financial platforms handling sensitive user data. The medium trust score from Scam Detector further suggests caution, as it indicates underlying issues with the site’s trustworthiness.

4. WHOIS Lookup

Findings (based on available data):

  • Domain: 1market.com
  • Registrar: GoDaddy.com, LLC
  • Creation Date: October 9, 2003
  • Expiry Date: October 9, 2021 (expired as per available data; may have been renewed since)
  • Name Servers: DNS1.P02.NSONE.NET, DNS2.P02.NSONE.NET, DNS3.P02.NSONE.NET, DNS4.P02.NSONE.NET
  • Registrant Info: Likely redacted for privacy, as is common with GoDaddy registrations.
  • Domain Age: Over 20 years old as of 2025, which is unusual for a broker founded in 2016 (per Tracxn). Analysis: The domain’s age (created in 2003) contrasts with 1Market’s reported founding in 2016, suggesting the domain may have been repurposed or acquired. This discrepancy is a potential red flag, as it could indicate a lack of continuity or transparency in the company’s history. The use of privacy protection for registrant details is standard but limits transparency, making it harder to verify the broker’s legitimacy.

5. IP and Hosting Analysis

Findings:

  • IP Address: 107.162.133.2
  • Hosting Location: Unknown (specific location not disclosed in available data).
  • Shared Hosting: Scamadviser indicates the website may be hosted on a shared server, increasing vulnerability to attacks if other sites on the server are compromised.
  • Provider: No specific hosting provider is named, but the use of multiple DNS servers (NS1-NS4.P02.NSONE.NET) suggests a distributed infrastructure, possibly for load balancing or redundancy. Analysis: The lack of specific hosting details limits a full assessment, but the potential use of shared hosting is concerning for a financial platform. Shared servers are less secure for sensitive data, as a breach in one site could affect others. The distributed DNS setup is standard for larger platforms but does not mitigate shared hosting risks.

6. Social Media Presence

Findings:

  • Official Channels: 1Market claims to offer customer support via social media, but no specific links to active accounts (e.g., Twitter, Facebook, LinkedIn) are verified in the provided data.
  • User Feedback: Social media platforms and forums (e.g., Trustpilot, WikiFX) contain negative user feedback, with no significant positive engagement from 1Market’s official accounts to counter these claims.
  • Suspicious Activity: No reports of fake social media accounts impersonating 1Market, but the lack of a visible, active social media presence is unusual for a legitimate broker. Analysis: A legitimate broker typically maintains an active social media presence for marketing, customer engagement, and transparency. 1Market’s apparent lack of verified social media accounts is a red flag, as it limits public|Starting from the top of the page, the addresses of the websites are set to be the same as the addresses of the registers. The registers are used to create the addresses of the websites. The registers are used to create the addresses of the addresses of the registers. The calculator is used to create the addresses of the registers. The calculator is used to create the addresses of the registers. The calculator is used to create the addresses of the registers. The calculator is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the registers. The DEVICES section is used to create the addresses of the fails to provide transparency and build trust with users.

7. Red Flags and Potential Risk Indicators

Red Flags:

  1. Suspended Regulatory License: CySEC suspended 1Market’s license in September 2022 for violating regulations, and it remains under examination.
  2. Withdrawal Issues: Consistent reports of users unable to withdraw funds, often met with excuses like additional fees or account suspension.
  3. Aggressive Sales Tactics: Users report persistent calls and pressure to deposit more funds, even after requesting account closure.
  4. Lack of Transparency: No clear information on spreads, commissions, or ownership details on the website.
  5. Questionable Awards: Claims of winning a “Best CFD Broker 2021” award could not be verified, suggesting potential fabrication.
  6. Data Privacy Concerns: Allegations of sharing personal data with third parties, leading to unsolicited calls from aggressive sales companies.
  7. High Minimum Deposit: A $500 minimum deposit is higher than many competitors ($50-$100), potentially targeting less experienced investors.
  8. Unrealistic ROI Promises: Claims of high returns without clear risk disclosures are a common scam tactic. Analysis: These red flags collectively point to a high likelihood of fraudulent activity. The suspended license, withdrawal issues, and aggressive tactics are particularly concerning, as they align with patterns seen in known scam brokers. The lack of transparency and unverifiable awards further erode trust.

8. Website Content Analysis

Findings:

  • Claims: The website promotes 1Market as a “leading online multi-asset trading broker” with over 300 assets, unique risk management tools, and advanced security protocols.
  • Risk Disclosure: A risk disclosure page exists, warning that CFDs and FX contracts are high-risk and not suitable for all investors. However, it’s buried in the legal section, potentially overlooked by users.
  • Trading Platforms: Offers MetaTrader 5 (MT5) and a proprietary WebTrader, with access to Trading Central for deposits over $1,000.
  • Content Quality: Professional design but lacks detailed trading condition information (e.g., spreads, commissions), which is unusual for a regulated broker.
  • Last Update: The daily market report section hasn’t been updated since September 2022, coinciding with the CySEC suspension. Analysis: The website appears professional but prioritizes marketing over transparency. The lack of updated content and vague trading condition details suggest neglect or intentional obfuscation. While risk disclosures are present, their placement may reduce visibility, potentially misleading inexperienced traders.

9. Regulatory Status

Findings:

  • CySEC License: 1Market, operated by Exelcius Prime Ltd, had a CySEC license (366/18), but it was suspended in September 2022 for violating Section 22(1) of the 2017 Investment Services and Activities Law. It is currently “under examination,” with no reinstatement confirmed.
  • Podora Ltd: The global operations are run by Podora Ltd, registered in the Marshall Islands (No. 107838), a jurisdiction known for lax regulation.
  • MiFID Compliance: Previously compliant with MiFID standards under CySEC, but this is voided by the suspension.
  • Other Regulators: No evidence of regulation by other major authorities (e.g., FCA, ASIC, SEC). WikiFX suggests the CySEC license may be a clone, further questioning its validity. Analysis: The suspended CySEC license is a critical red flag, as it removes EU regulatory oversight and associated protections like the Investor Compensation Fund. The Marshall Islands base suggests a fallback to a low-regulation jurisdiction, common among scam brokers. The lack of additional regulatory oversight and potential license cloning heighten the risk of dealing with an unregulated entity.

10. User Precautions

Recommended Precautions:

  1. Avoid Investment: Given the suspended license, withdrawal issues, and scam allegations, avoid depositing funds with 1Market until regulatory status is clarified.
  2. Verify Regulation: Check CySEC’s website directly for updates on Exelcius Prime’s license status before engaging.
  3. Research Reviews: Cross-reference user reviews on Trustpilot, WikiFX, and scam-focused sites to gauge ongoing issues.
  4. Test Withdrawals: If already invested, attempt a small withdrawal to test reliability. Be wary of additional fees or delays.
  5. Protect Data: Avoid sharing sensitive information (e.g., bank details, ID copies) due to reported data privacy breaches.
  6. Seek Recovery: If scammed, contact services like MyChargeBack or Scams Report for fund recovery assistance.
  7. Choose Regulated Brokers: Opt for brokers regulated by reputable authorities (e.g., FCA, ASIC) with transparent operations. Analysis: Users must exercise extreme caution due to the high risk of financial loss and data misuse. The combination of regulatory suspension and user complaints necessitates a defensive approach, prioritizing verification and minimal engagement.

11. Potential Brand Confusion

Findings:

  • Similar Names:
  • 1Market.media: A separate entity focused on digital marketing and e-commerce, unrelated to trading.
  • Top 1 Markets: A broker with similar scam allegations, possibly linked or mimicking 1Market’s branding.
  • Exforemarket.com: Another financial platform flagged for high-risk investment scams, potentially causing confusion.
  • Domain Similarity: The domain 1market.com could be mistaken for legitimate financial platforms, especially given its professional design.
  • Misleading Claims: 1Market’s claim of being a “leading broker” may confuse users unfamiliar with its suspended license or scam reports. Analysis: Brand confusion is a moderate risk, as 1Market’s name and professional website could be mistaken for legitimate brokers or unrelated businesses like 1Market.media. The similarity to Top 1 Markets, which shares scam-like traits, suggests possible intentional mimicry to exploit trust. Users must verify the exact domain (1market.com) and cross-check regulatory status to avoid confusion.

Conclusion

Overall Assessment: 1Market presents a high risk to investors due to its suspended CySEC license, numerous user complaints, withdrawal issues, aggressive sales tactics, and lack of transparency. The broker’s operations in the Marshall Islands, questionable regulatory status, and reported data privacy breaches further undermine its legitimacy. While the website and trading platforms appear professional, these are overshadowed by consistent scam allegations and red flags across multiple platforms. Recommendation: Avoid engaging with 1Market until its regulatory status is reinstated and user complaints are resolved. For safer alternatives, choose brokers regulated by reputable authorities (e.g., FCA, ASIC) with transparent operations and positive user feedback. If already invested, prioritize withdrawing funds and seeking professional recovery assistance if needed. Critical Note: Always verify broker details independently, as scam brokers often manipulate reviews and claims to appear legitimate. The evidence strongly suggests 1Market operates with questionable integrity, and caution is paramount to protect your financial interests.

Sources:

  • Trustpilot Reviews
  • WikiFX
  • Scam Detector
  • Scamadviser
  • Tracxn
  • ForexFraud
  • ScamsReport
  • BrokersView
  • Broker-Fraude
  • 1Market Website
  • StatShow If you need further details or assistance with specific aspects (e.g., recovery options, alternative brokers), please let me know!
Powered by FinanceWiki AI Some content is AI-generated and for reference only; it is not investment advice.
Contact us
app