Thinking of getting into business with 1NIRO? Here is what you must know about this broker. Carefully read this review to find out if is the trading platform you will want to trade with.

About 1NIRO Broker

1NIRO is an offshore brokerage company with a lot of promises for traders. The broker says it is located at Xvector LTD Suite 305, Griffith Corporate Centre, Beachmont Kingstown St. Vincent and the Grenadines.

The broker claims to offer stop loss/take profit, trading signals and pending orders.

There are different account types like Simple, Smart Start, Complete Package, Gold, Platinum and VIP.

In spite the trading instruments 1NIRO claims to offer, traders must know they are dealing with an unknown broker whose regulation claim is false. Reasons to Avoid This Broker is a platform with no financial authority overseeing its financial services. The regulation claim is not legit as no financial authority recognizes the broker.

Another red flag we noticed on is that it has no demo account for traders. Since traders can’t test 1NIRO broker on a free account, we can’t know its viability in the forex market.  

Again, this broker does not offer money back guarantee which means trading on such platform is clearly a risk.

This is a con for forex traders to avoid losing money with this broker. 

Withdrawal and Deposit

Withdrawal process

Under the withdrawal, 1NIRO provides us with the following information.

The broker charges fee for an inactive account of 30 days. See below.

Minimum Deposit

The recommended minimum deposit 1NIRO offers is $250.

As for the payment methods, we can make via Debit/Credit card and Wire transfer. However, you should not consider making any payment with this broker because it is a risk. So beware!

1NIRO Platform

1NIRO offers web based trading software. Its refusal to make use of the industry standard MT4 or MT5 that comes with user friendly features for trading is already a con.

As for the leverage, no information on it from the broker. Nevertheless, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.

1NIRO Licensing and Regulation

It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation that means your money is at risk. Its unlicensed and unregulated claims are truly a red flag and must be avoided.

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Conclusion: Is a Reliable Broker? does not seem like a reliable broker for traders even though it promises offers that look good to be true.

The broker is unregulated which means it is not authorized to operate in any regulated country and you should definitely not put any money into it.

Because we have taken it as a duty to review forex brokers and also share reasons, we do not recommend this broker for trading.

Kindly share your comment about this broker in the comment section.

By Dan

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