1PrimeOptions is an online trading platform. that offers access to various derivatives markets, including forex. However, it’s important to note that 1PrimeOptions is a binary options broker. This means that instead of allowing you to trade using Contracts for Difference (CFDs) like most brokers, 1PrimeOptions’s business model relies on having you bet on whether the price of a certain asset will rise or fall in a given time frame. This simplistic model is where trading and gambling intersect to a large degree. It has been maligned by regulators because historically many scammers have used it to defraud people of their money. This has led to action against binary options and them being outlawed in several countries. 1PrimeOptions is not a legitimate broker. They operate from a shady offshore location that does not regulate its Forex markets - St. Vincent and the Grenadines. This weak regulatory environment is a stark contrast to the one in, say, the UK, where brokers must report back on a daily basis on open and closed trades, as well as comply with client security of funds protection policies. Making money with 1PrimeOptions is deemed impossible. It has an incredibly shady Bonus policy that will prevent you from withdrawing your profits. All accounts that have been credited with a bonus must achieve a certain turnover before they can withdraw without being punished by having their funds taken away. The volume required is described as 40 times the bonus amount. , which is too much to demand of traders to make withdrawals available. Considering that all accounts are credited with a bonus, there is no escaping this policy.