1x Trade

1x Trade is not regulated by any recognized financial authority and holds a low core safety score of 1.79/10. Multiple user complaints report withdrawal delays, account termination, and suspicious practices. Therefore, it is not considered safe or reliable.

No, 1x Trade is not regulated. Its regulatory status is listed as 'Not Regulated' and it holds no valid licenses from any financial regulator.

The minimum deposit depends on the account type: STANDARD account requires $10, EXPERT account requires $1,000+, and INSTITUTIONAL account requires $10,000.

1x Trade supports MT5 only (full license). It does not offer MT4.

Pros: Low minimum deposit ($10 for STANDARD), MT5 support, high leverage up to 1:500, and allows scalping and EA usage. Cons: Not regulated, low safety score (1.79/10), numerous user complaints about withdrawals and account closures, high spreads on STANDARD (from 1.5 pips), and limited transparency.

Yes, there are multiple user complaints. Issues include withdrawal delays, account termination after profitable trades, denial of funds, and lack of customer support response. Some users report losing significant amounts.

The broker data does not specify regional availability. 1x Trade is registered in Saint Lucia and is not regulated in the US. US residents should verify local regulations before considering this broker.

Despite a low minimum deposit, the lack of regulation, numerous user complaints, and high-risk profile make 1x Trade unsuitable for beginners. Beginners are advised to choose regulated brokers with a proven track record.

Deposits are accepted, but withdrawals are reported as problematic. User complaints indicate delays beyond the stated 24–48 hours, with some waiting five days or more. There are also reports of partial or denied withdrawals.

Spreads vary by account: STANDARD from 1.5 pips, EXPERT from 1.0 pips, INSTITUTIONAL from 0.0 pips. The STANDARD spread is relatively high. No explicit commission or fee information is provided; spreads are the primary cost.

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.

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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.

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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.