Disclaimer: I’ve only been using the service for about a week now, but I really love the concept and the results have been good so far.
What is 1Broker.com?
1Broker is a platform that allows Bitcoin users to participate in real-world markets directly with their Bitcoins. There are no conversions to fiat currencies like U.S. Dollars necessary. We currently offer trading on over 40 selected commodity, stock, index and forex markets.
Essentially you can trade against 40 different markets. Everything from Apple stock to BTC/USD prices.
What if I don’t know anything about trading stocks/forex/etc?
That’s the beauty of this platform…You can copy the trades of successful trades and mimic everything they do. Want to copy more than 1 person? Go for it. You are able to see their profit or loss, which trades they have made and how many other users are copying them.
Once you log into the platform you will be presented with all of the top traders as well as the most discussed trades lately. This is where you can start diving into the traders that you want to copy.
Lets click on one of the successful traders (3.14FX) and see more about his profile
Details provided in a user’s profile:
- Date registered
- Profit/Loss this month
- Rewards Earned
- Number of copiers
- Trades the last 7 days and 12 months
Next, if we click on Trades we can see all of the trades this user has performed.
If you want to copy a user you simply click their profile. Then click the Copy button.
Then you just need to select how much you want to invest each trade (0.01 BTC minimum) and the max amount of trades per day.
As trades are copied and added to your account you will receive messages in your 1Broker inbox for each one. Also, any open positions will show up on your main user screen.
My 1Broker.com Results So Far
The first week has gone really well. I only deposited 0.01 BTC to start until I figured out what I was doing. At the beginning of my second week I’m up to 0.016 BTC which is a 60% increase…not too shabby!
Here’s an example of the trades that were copied to my account:
So far I would highly recommend the service. I would probably start with a small deposit to get your feet wet then once you feel comfortable you can ramp up the investments from there. I will update this post in a few weeks showing my results at that point.