OneTwo Trade promises to provide risk-free investments to its online users. But is this binary options trading broker capable of fulfilling what it has pledged? Or is OneTwo Trade just the next lousy scam?

Our inquiry into the matter tried to find out the most thorough and extensive data available on the web about OneTwo Trade. The results follow below. But as this binary investment broker is still quite new, there is close to no accessible information.

More facts need to be gathered for us to recommend OneTwo Trade as legit. Or deem it as an investment scam. Until then, we advise all our users to turn to a proven to be trusted and reliable binary trading broker. View our preferred selection of the BEST legitimate and most respectable binary options brokers and check up their full review so that you can enjoy a more safer trading experience!

Because we were not able to come up with more trustworthy data on OneTwo Trade, we cannot confirm that investing with this binary options broker is recommendable. You can Trade with Trusted Broker OR Sign Up with one of the approved and safe Binary Options Brokers.

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OneTwoTrade Review

OneTwoTrade was established in 2011 and the broker is headquartered in London. They accept traders from all territories except USA and Israel. It has been quite some time that the broker entered the binary options trading industry, but it can be said that they have failed to impress their customers. A number of shocking facts have been revealed about this broker.

When reviewing OneTwoTrade, what we have basically done is that we have tested their platform personally by making a deposit. We executed some trades, made use of their trading tools and features and we have also searched the internet for reviews of real traders. Continue reading to learn if they are trustworthy.

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Trading Platform at OneTwoTrade

OneTwoTrade’s trading platform is powered by SpotOption. The interface is user friendly, but there are not many features and tools available which can help traders with their trading tasks. The features are very basic and they don’t help in minimizing distractions that traders generally encounter when placing trades or analysing the markets. The broker offers around 100 assets. The options for trading include 60 Seconds, High/Low, Pairs and One Touch.

Although they claim to offer payout of up to 85%, our trading experience wasn’t good.

Account Types & Bonuses

OneTwoTrade allows their customers to choose from four types of account depending on how much they want to invest. The first type of account is known as the Bronze Account which you can open by depositing anything between $200 and $1000. The next is the Silver account for which you can deposit between $1001 and $4000. To open their third type of account which is the Gold Account, you can deposit between $4001 and $5000. Lastly, they allow you to open a VIP account for which the minimum deposit requirement is $5001. You can get a bonus of up to 100% depending on your initial deposit.

Deposit and Withdrawal Procedures

The minimum deposit at OneTwoTrade is $200 and deposits can be added to the trading account via bank transfer, credit cards and certain ewallet options. Traders have a huge disadvantage when it comes to withdrawals. They must have at least $250 in their accounts to make a withdrawal without incurring any fee. If the amount is lower than this, they have to pay $25. In addition, they also have to pay $30 for making a withdrawal via bank wire transfer. The procedure and the requirements are quite unacceptable and this is another reason why we would not be recommending OneTwoTrade today.


Customer Support

Another aspect of OneTwoTrade that we were quite disappointed with was their customer support service. It appears that the broker is not taking their clients seriously. The team is not highly capable of resolving issues that traders encounter on their trading platform. They are not qualified and we have questions about their professionalism as well. Their support team can be reached via email, chat or phone, but you may have to wait for a considerable length of amount before you are assigned a representation to address your issues.

Is OneTwoTrade a Scam?

Reputation is something that can make or break a broker. Checking the reputation of a broker is one of the methods of finding out whether they are legit or not. OneTwoTrade does not have a good reputation in the industry. Although there are some positive reviews floating around under their name, they appear to be paid. This broker has been accused of being a scam many times and there are several complaints that have been lodged about them since their inception. It looks like the broker conducts business in a very unethical manner.

Regarding OneTwoTrade, it can be said that they could be a potential scam broker.

Final Verdict

High_risk_stamp_t10StrategyThe OneTwo Trade binary options trading broker is one that can not be determined conclusively as a legit or fraudulent one.

Still, there is a very fair chance that it is a scam. We were not able to find out much available data about it online, so the matter remains dubious. What we can advise traders is to opt for a binary broker that is proven to be reliable and trustworthy. There are some very solid ones.

But it would be best to not execute any trades with OneTwo Trade. It has yet to build a reputation.

 

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