Global Forex Broker Regulatory Inquiry APP


1.14 /10


Saint Vincent and the Grenadines

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers




Open Account


License Index 0.00
Business Index 4.17
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
Open Account


No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



open now

Contact number


+66 811417611

Broker Information


Company Name


Company Abbreviation


Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2023-06-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

1BID · Company summary
Registered in St. Vincent and the Grenadines
Regulated by No effective regulation at this time
Year(s) of establishment Within 1 year
Trading instruments Currency pairs, indices, commodities, metals, energy, cryptocurrencies
Minimum Initial Deposit $100
Maximum Leverage 1:500
Minimum spread Information not available
Trading platform MT5
Deposit and withdrawal method Bank wire transfer, union pay, swift, alipay
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

General information and regulations of 1BID

1BID is an online forex broker registered St. Vincent and the Grenadines less than a year ago.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Currency pairs, indices, commodities, metals, energy, cryptocurrencies.....1BID allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on 1BID. However, we noticed that shares trading is currently not available.

market instruments

Spreads and commissions for trading with 1BID

1BID does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with 1BID, we recommend that you take the time to calculate these transaction costs.

Account Types for 1BID

Demo Account: 1BID provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: 1BID offers a total of 3 account types: standard, probonus and raw. the minimum deposit to open an account is $100, $unknown and $100 respectively. The threshold established by 1BID for opening an account is not tall. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

account types

Trading platforms offered by 1BID

The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.

trading platform

Leverage offered by 1BID

1BID offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

As for deposits and withdrawals, the company lists only a few payment options, but does not cover the most important parts, such as additional fees, minimum amounts, time required for procedures, etc.

deposit and withdrawal

Educational resources

There is no education section on the 1BID website. Many brokers are able to provide a variety of educational resources such as video courses, seminars, e-books, related articles, glossaries that provide some basic knowledge about trading. This is not the case with 1BID.

Customer support of 1BID

Below are the details about the customer service.

Language(s): English, Vietnamese, Thai language


Phone Number: +66811417611

Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of 1BID


High leverage


Many instruments available

Demo account


No effective regulation

Few information available

No MT4

No copy trading

Frequent asked questions about 1BID

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

Can I trade cryptocurrencies in 1BID?

Yes, 1BID offers some popular cryptocurrencies.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment



Write a review

more than one year
I almost fell for their scam and deposited money to open an account. Thankfully, a friend saved me by warning me about their lies. They promised the narrowest spreads and the most advanced trading platform, but the truth is they're not even regulated. It's all just a bunch of lies to deceive people. Stay away from these scammers!
2023-03-28 09:23
more than one year
A friend advised me to cooperate with this broker, and I decided to try. Well, there's nothing special here. Everything is like everyone else. Quite good operational support service. Of course, I was also pleased with the demo accounts, thanks to which I learned good and promising trading here.
2023-02-27 12:05
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information