1x Trade

1x Trade is an online forex and CFD broker founded on August 21, 2025, and registered in Saint Lucia. Its official address is at the Sotheby Building in Rodney Bay, Gros-Islet. The broker operates through the website 1xtrade.com and offers trading services to retail and institutional clients globally.

The broker is notably unregulated, meaning it does not hold any licence from a recognised financial authority. This is a significant factor for traders to consider, as regulatory oversight provides a layer of protection and dispute resolution. The Saint Lucia registration is a common jurisdiction for offshore brokers but does not imply regulatory supervision.

1x Trade offers three account types: Standard, Expert, and Institutional. The Standard account requires a minimum deposit of $10, making it accessible for new traders. The Expert account requires $1,000 or more, and the Institutional account demands a $10,000 minimum. All accounts offer a maximum leverage of 1:500, which is extremely high and carries substantial risk.

The broker does not publicly specify the full range of tradable instruments, but based on industry norms for such brokers, forex pairs, commodities, indices, and cryptocurrencies are likely available. Leverage of 1:500 amplifies both gains and losses, and is often associated with high-risk trading environments.

Our research confirms that 1x Trade has no regulatory licences on file with major authorities such as the FCA, CySEC, ASIC, or the FSC. The broker claims on its website to be 'fully regulated across multiple jurisdictions,' but we found no evidence of such claims on any public register. This discrepancy raises a red flag for traders who prioritise safety and accountability.

Operating without regulation means there is no independent oversight of the broker's financial practices, client fund segregation, or dispute resolution. Traders should be aware that in the event of a dispute, they would have limited recourse.

FXCanary's scam risk score for 1x Trade is 75 out of 100, indicating a severe risk level. This assessment is based on the lack of regulation, the broker's recent establishment, and the use of high leverage and large bonus offers, which are common tactics in high-risk or potentially fraudulent schemes.

Traders considering 1x Trade should exercise extreme caution. The combination of an unregulated entity, limited operational history, and aggressive marketing of bonuses and high leverage presents a high likelihood of financial loss. We recommend only trading with brokers that have verifiable regulation from a reputable authority.

1x Trade positions itself as a modern, multi-asset broker with low costs and high leverage. However, the absence of regulation and the severe risk score make it unsuitable for most retail traders. While the website appears professional, the underlying lack of oversight is a fundamental concern.

For traders seeking a safe environment, we advise looking for brokers regulated by top-tier agencies. The information provided here is intended to inform, not to recommend. Potential clients should conduct thorough due diligence before depositing funds.