1x Trade

Based on the latest data, 1x Trade has a low overall score of 1.79 out of 10, with a regulatory index of 3.46 and a risk control index of 2.17. The broker is not regulated by any major financial authority, which raises concerns about investor protection. User complaints highlight issues with withdrawals and account treatment. Therefore, the safety and reliability of 1x Trade are currently not established.

No, 1x Trade is not regulated. The broker is registered in Saint Lucia with an IBC number 2025-00218, but it holds no active regulatory license from any recognized financial regulator. The regulatory status is listed as 'Not Regulated'.

The minimum deposit varies by account type. The STANDARD account requires a minimum deposit of $10, the EXPERT account requires $1,000+, and the INSTITUTIONAL account requires $10,000.

1x Trade supports MT5 (MetaTrader 5) with a full license. There is no indication of MT4 support.

Pros: Offers MT5, high leverage up to 1:500, multiple account types with low spreads (from 0.0 on INSTITUTIONAL), and supports scalping and EA trading. Cons: Not regulated, low overall score (1.79), short operating history (1-2 years), significant user complaints about withdrawal delays and account freezes, and unclear fee structure for some accounts.

Yes, there are multiple user complaints. Issues include delayed withdrawals (up to 5 days without progress), account termination without clear explanation, and confiscation of profits under disputed terms. Some users report contacting compliance without response.

The broker's registration and regulatory status do not indicate specific availability for US residents. As 1x Trade is not regulated by any US authority, it is unlikely to accept US clients. Users should verify eligibility directly with the broker.

While 1x Trade offers a low minimum deposit of $10 and supports MT5, the lack of regulation, short operational history, and user complaints about withdrawal issues make it potentially unsuitable for beginners. Beginners typically benefit from regulated brokers with stronger consumer protections.

User reports indicate that withdrawals are not consistently convenient. Some users report being told to wait 24–48 hours but experiencing delays of several days or longer. Deposits are not specifically detailed in the data, but withdrawal issues are a recurring complaint.

Spreads vary by account type: STANDARD from 1.5 pips, EXPERT at 1.0 pips, and INSTITUTIONAL at 0.0 pips. Leverage is up to 1:500. Specific commission or fee structures are not fully disclosed. Overall, spreads are competitive on higher-tier accounts, but the lack of transparency on other fees is a concern.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.