OneLife Review (2023)

OneLife is an offshore-based Forex and cryptocurrency broker. The company is owned and operated by OneLife Network Limited, based and registered in Belize. However, it turned out that OneLife only registered, but not licensed in Belize. Moreover, Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding the company One Life Network Limited, stating :

“It has come to the notice of the IFSC that an entity calling itself ‘One Life Network Limited’, an International Business Company registered in Belize, is conducting trading without first obtaining the required licence from the IFSC. This entity is not licensed/regulated by the International Financial Services Commission or any other competent authority in Belize to conduct any type of trading business.”

In addition, New Zealand’s Financial Markets Authority has recently blacklisted OneLife along with its affiliate company OneCoin:

“We recommend extreme caution before investing with OneLife or OneCoin as we are concerned they bear the characteristics of a scam, including withholding client funds and promising unrealistic returns. We have received information indicating that OneLife and OneCoin are holding promotional events and seminars in New Zealand offering investment services in breach of New Zealand law.”

It is worth mentioning that broker’s affiliate has also been banned by the Financial Conduct Authority FCA last year. Clearly, neither OneLife or OneCoin can be trusted. Instead, invest with brokers regulated by reliable authorities such as UK’s FCA, or Australia’s ASIC, for example. Here is the list of the FCA-regulated brokers.