Is OneTwoTrade a Scam?

One Two Trade promises secure trading and offers generous bonuses to new clients. But is this broker legit or is One Two Trade a Scam?

We have made a research of One Two Trade and found out that they do not rate highly and there is no significant data about them. As an alternative we have selected our Top Safe Binary Brokers along with detailed reviews for safe and secure trading.

Since we haven’t gathered enough information yet, we cannot confirm that One Two Trade is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Binary Options Brokers:

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OneTwoTrade Review

One Two Trade is a binary options broker founded in 2011 and it is owned by Up&Down Marketing Limited, located in Malta. They are licensed by LGA (Lotteries and Gaming Authority) and since it is regulated in Malta.

OneTwoTrade has been running on the new SpotOption platform and has some innovative trading features including colored screen views and different charts. This broker has its own trading robot called Botomatics.

According to the promotion the bonus funds are different. The trader cannot withdraw the bonus amount unless the turn over of 20x the bonus is accomplished. This can lead to losses and all of the produced earnings could be cancelled. We recommend traders to refuse bonus funds unless they have understood the requirements in the terms and conditions of the broker.

>> Visit Is-Scam Approved Broker < <

For account withdrawals around 200 pounds or more there are no charges, but any credit card withdrawal less than this amount is 39 pounds, with an extra 30 pounds fee for bank transfers. These fees are not unreasonable, but they could be seen as a disadvantage of trading binary options with OneTwoTrade as compared to other brokers who offer 1 free monthly withdrawal.

We are quite unsure about OneTwoTrade, therefore we cannot say whether it is safe to trade with it or not.

OneTwoTrade Scam

OneTwoTrade does not give a financial investment product, and is not regulated by the Financial Services Authority, to enclose their own words. This is declared at the bottom of their website so, if they do not provide the traders with a financial investment product, we recommend to find another broker that does.

OneTwoTrade Platform

While reviewing One Two Trade, we saw that they are using the SpotOption platform. They offer options like 60 second, long-term, ladder and pairs. The SpotOption platform is a binary trading platform, and traders have different signal providers to select from that can integrate with the system.  It only offers the classic Up-Down Binary Options. The charts are not streamlined and this makes the analysis complicated.

Their trading platform is accessible in different languages such as French, Italian, French, German, Portuguese. As their website is available in different languages, customer service is only provided in English.

OneTwoTrade Website

Among the usual things that binary options traders are able to notice when accessing the OneTwoTrade website is their clearness. The trade setup, asset details, chart data are satisfactory but there are a lot of similar free resources.

You should keep in mind that there is no evidence of an authority or publication ranking that the broker is really awarded as #1 as they claim on the website.

OneTwoTrade Complaints

When searching on the internet for unsatisfied customers, we found some user complaints and negative reviews about One Two Trade. Our investigation team was surprised by the fact that there were complaints even from employees of the broker. At this point, we suggest you use caution and do more investigation about this broker before opening an account.

Conclusion

After detailed investigation our team concluded that there are better choices than One Two Trade. We cannot confirm that this binary options broker is a scam, but our research revealed enough traders’ complaints to not make us feel safe trading with One Two Trade.

We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.

Or Select Another Broker From Our List

27 Responses to “Is OneTwoTrade a Scam?”

  1. Stephen Nagy April 17, 2016 at 1:12 am

    It’s defiantly a scam they say all you need to do is open an account with $250.00 and leave the rest up to us WE do it all for you, I got a skype call from Cyprus the guy wanted me to put some more money in straight away he said it’s not worth doing with so little in it, well I put some more in it and he told me what to go for I lost about a thousand straight away then he came up with that bonus for about $1500.00 which he also lost, I wanted to take out what was left in my account but I couldn’t do that either because I received a bonus so it’s still in there. DEFINATLY A SCAM
    Cheers Stephen

  2. Absolute scam and con artists. Luckily we only lost $250. Hostile when call them out on it

  3. £17,240 lost in one go after just 2 weeks of being conned by these can artists. Do not sign up to onetwotrade, they are criminal I promis you ! They don’t even tell you their real names.

  4. I started trading with One Two Trade.
    And deposited $250, my A/C went to 800 in one day then Miss Sofia asked me to deposit $750 for very nice deal. Within 3 days it went to 2400/-
    Next day it was only $50 balance,then after a day according to her advice I lost all
    Never trade with One Two Trade
    They are SCAM

  5. $20,000 lost in one month. The worst part is the bonus money. When you loose first,they replace it with the bonus money and pretend that how supportive they are.A little win and the bonus money encourages you to put more money into your accunt and you loose again. When you think still you have your initial money in your account and you can keep trading, they tell you that the bonus money is not real money and you cannot trade with that. Absolute scam.

  6. Scam and therefore Scum. Despite their earnest approach each one of four different experts (with over twenty years trading each) somehow manages to have an off day losing money disasterously 8/10 losses or worse EACH.
    (large sums placed.) Expecting to be told that the bonus money has to be boosted by another cash deposit——Its blatant.

  7. fiona baker May 4, 2016 at 10:33 am

    I just signed up with 250.. very sceptical but hopeful. Wat should i do

  8. Patricia Ungers May 8, 2016 at 12:38 pm

    Scam….scam….scam
    Is there anybody that can take these binary companies to task I am desparete! Patricia

  9. Definitely a Grand scam, lost AUD 750.00.

  10. How come they are able to do such false advertising on internet?

  11. martinedenton May 17, 2016 at 9:28 am

    I set up an account with one two trade with£250 within an hour they persuaded me to put more into my account I did check to see if this company was lagit and website gave a good review they tried to start taking money out of my account to trade but only after they transfered over £3000 from my credit card and they wanted all my I’d eg passport birth certificate house hold bill so I could trade after all this they kept repeatingly asking for these ids I told them to return my money and they have now stopped phoning me and no more communication I have true emailing them buthave tried many times toputnew password in but won’t except tried phoning but number doest exist so how does website not deal with these company’s as I had checked it before and now imfinding more and more in the same situation its about time they were brought to justice so the website should be made to not let these con artist in

  12. I signed up and left my phone number, fortunately i didnt fill the whole form, they immideatly called me from England and wanted to have my credit card number disperately and promised to give a free $100 .
    I Was scammed once and am sure this is a scam, so be careful and never fall to it.

  13. I got this hopeless person who said $250 and then they ask for more. The broker was a women who I though she know what she was talking about and so I put another $800 she come one nite and I lost the lot lost the lot and them blame me because I wouldn’t put any more funds in it’s a fast alright just to scam the little investors.

  14. one of biggest scam I have heard of they lost every thing I put into account in less than 10 minutes, do not get involved with this company

  15. do not use they scammed my 70 year old dad in to giving over his life savings

  16. Noshaba Sainsbury June 1, 2016 at 12:09 pm

    Onetwotrade is a scam. They scammed me out of £13500. I signed up to their robot for £120 and through their pressure, deception and lies that the money wasn’t going through ended up by having £13500 withdrawn from my account. On top of that they wanted my other card details so they could with draw more money from my other catfs. This is organised crime and the police and media needs to investigate so they can’t operate in the UK.of that

  17. Hi Mikey
    I’m considering using them.

    How long did you trade with them, weeks, months, years. how many trades did place?

    did they do anything to your satisfaction.

  18. Richard Deem June 2, 2016 at 6:21 pm

    One two trade is a big scam they take your money and offer bonuses at no telling you that you have to trade 20 x to get your money back. They conned me into pouring money into the account as an investment. They then work with you to build up some capital. then they send a crooked trader in saying he has been authorised by your account manager to show you some aspects of trading. They then take over your computer with something similar to skype.I think it was called net meeting. and blow all the capital in your account they took £1400 from me in 2 minutes.

    I have copied Mikeys words as they did exactly the same to me Stinking crooks the lot of them.

    one of biggest scam I have heard of they lost every thing I put into account in less than 10 minutes, do not get involved with this company

  19. Richard Deem June 7, 2016 at 10:51 am

    Do not trade with them. You will be ripped off.

  20. Richard Deem June 7, 2016 at 6:48 pm

    Patricia I am going to try. Going to get legal advice. Will let you know what happens.

  21. Richard Deem June 8, 2016 at 7:15 pm

    When I invested with them I was new to trading and knew nothing. I was ripped off by them 5 days after starting I knew nothing about it so they just ripped me off.

    I have an investment with another company which is genuine and I have so far turned £250 into £2733. Not a b****t amount like they one two trade want.

    • Ben Sawicki June 9, 2016 at 8:02 am

      Thank you Richard for sharing your experience with our binary options traders! Trade Safe!

  22. A lady called me by the name of Lauren from One Two Trade. We spoke for almost an hour…..but something told me to look at their review and I must say Thank you to you all for saving me from this scam….

  23. I almost fell for it, said free account, free $100 to start your account. Then I went to sign up for my “free” account they asked for my credit card. So just closed window. This may have been thought of,but, could be charged with false advertising?

  24. I have been with them since nov. same approach as all the rest, in fact they put bonus money with out my knowledge, with the first deposit of $250 they want for because they like to trade bigger numbers, so I said show me what you can do, get me to $1000 and I will put more in, so we did we won some lost some and when I looked at my statement there was a $1000 dollars, but we never made it trading, that should of been my exit point, but I never and I have been handed to several traders since. My advice is to STAY AWAY.

  25. ONE-TWO-TRADE BROKER ARE SCAM ARTISTS.
    UNDER NO CIRCUMSTANCES USE THEM OR SEND THEM CASH, REGARDLESS OF WHAT THEY PROMISE YOU !

    I made a deposit last year, August 25, 2015, realizing that I made a mistake. I never traded, requested the money to be returned via Credit Card Deposit the next day. Needless to say, I have not heard from them and the money is still outstanding. Most likely my cash is gone, DON’T EVEN THINK OF DEALING WITH THEM !!