BrokersView has found that 1x Trade appears to be a scam 1x Trade does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, 1x Trade appears to be a scam.

I have a bad feeling that 1x Trade has just taken my money Dear Investor, 1x Trade is an unregulated entity that poses a significant risk to your capital. Although the platform claims registration in Saint Lucia, our verification confirms this only grants it International Business Company (IBC) status. The Saint Lucia International Financial Centre (IFC) explicitly states that it does not license or regulate forex trading activities, meaning this registration provides no financial oversight, client fund protection, or legal recourse. The total absence of a valid license from any reputable authority is a critical red flag, strongly indicating that 1x Trade is a fraudulent operation. If you suspect your funds have been misappropriated, we urge you to immediately report this issue to your local authorities. Please gather all relevant evidence, including transaction records, chat logs, and screenshots of your interactions with the platform. Additionally, you may file a formal complaint on our official website here, where our team will carefully review your case to provide guidance and explore potential solutions. We strongly advise ceasing all interaction with 1x Trade to prevent further financial loss. View Source

They offered me my own money back — if I deleted my reviews first about 1x Trade I am a Polish day trader specializing in XAUUSD CFDs. On 1 February 2026 I opened an account with 1x Trade Ltd. (www.1xtrade.com) after seeing promotions by YouTube influencer "FxAlexG". I deposited USD 1,800 in USDC on the Ethereum network.I built my account to ~USD 35,000. On 5 February 2026 I opened a pyramided short position across three trades with Take Profit at 4,684.00:Trade #3291402 (primary): opened 20:20 UTC+2, profit USD 16,973Trade #3295742: opened 23:38 UTC+2, profit USD 9,416Trade #3296001: opened 23:44 UTC+2, profit USD 8,429All closed 6 February at 02:20 UTC+2 when Take Profit was hit. Platform daily break: 00:00-01:05 UTC+2. Primary position opened 3h 40min BEFORE the break. All positions closed 75+ minutes AFTER the break ended.On 7 February 2026, 1xTrade confiscated USD 31,238.00 claiming trades violated policy on "gap exploitation." This is false — timestamps prove positions were not opened just before close nor closed immediately after reopen. The platform also charged swap fees on all three trades, confirming they were treated as valid until profitable. Balance reduced to USD 0.53.I sent 6 emails to compliance@1xtrade.com — all unanswered. 1xTrade then offered the funds back as a non-withdrawable bonus, conditional on deleting my reviews first. I refused. Complaints filed with KNF, FSRA Saint Lucia, Interpol, and FBI IC3. 1x Trade Ltd. (Saint Lucia IBC No. 2025-00218) holds no regulatory licence in any jurisdiction.iimagemage View Source