Option1 was an online trading platform active circa 2014 that specialized in binary options. The company operated through the website `option1.com` and solicited investments from the public in various countries without being registered or authorized by local financial regulators. This unauthorized activity led to multiple investor warnings from securities commissions, which identified it as an unregistered entity. The firm's business model was representative of many unlicensed offshore brokers of that era, targeting retail investors with high-risk, speculative financial products, which ultimately led to its closure.