1xTrade Review

1xTrade is an online forex and CFD broker operated by 1xTrade Ltd., a company registered in St. Lucia. It offers trading on MetaTrader 5 through its website, 1xtrade.com. The main point to understand before opening an account is that 1xTrade is unregulated. Its St. Lucia registration is a company registration, not a licence to offer forex trading. Clients are therefore not protected by the rules a financial regulator imposes on licensed brokers.

What 1xTrade is and who operates it

1xTrade presents itself as a retail trading broker. Clients register through a client portal at my.1xtrade.com, fund an account, and trade through MetaTrader 5.

The broker publishes a standard set of legal and policy pages:

• About
• Trading
• FAQ
• Contact
• Client agreement
• MT5 platform page
• Order execution policy
• Terms and conditions
• Risk disclaimer
• Privacy policy
• Refund policy

These documents are the contract you would be agreeing to. With an unregulated broker, they matter more than usual, because no outside rulebook overrides them.

Regulation: what the St. Lucia registration covers and what it does not

The status labels do not match

The labels attached to 1xTrade point in different directions. The firm is described as “offshore regulated,” yet no financial regulator licenses it. The number 2025-00218 belongs to 1xTrade Ltd. with no regulator attached. Treat it as a company registration to confirm with the St. Lucia authorities, not as proof of a trading licence.

Why an IBC registration is not a forex licence

1xTrade does not claim a licence from any financial regulator. It claims to be registered in Saint Lucia, and a company with the same name does appear in the Saint Lucia International Financial Centre (IFC) registry.

That entry gives the company International Business Company (IBC) status, which is a corporate form. It lets an entity exist legally and do business, mainly outside the jurisdiction. The IFC does not regulate or license forex trading, so an IBC entry does not authorize a firm to hold client money or run a brokerage under any supervisory regime.

The difference is practical. A licensing regulator sets capital requirements, checks who runs the firm, inspects records, enforces conduct rules, and can fine or shut down a broker. A company registry records that the company exists, who its registered agent is, and whether it is in good standing. It does none of the supervisory work.

What “no regulator warnings found” means

A check of the official site and regulator registers on Nov 8, 2026 found no regulator warnings. That does not make the firm licensed. Regulators usually issue warnings after they receive complaints or spot unauthorized activity aimed at their own residents. A newer or smaller offshore firm can therefore operate for some time before any warning appears.

What unregulated status changes for your money

Licensed brokers in major jurisdictions work under rules that unregulated firms are not bound by. Some examples of what those rules provide:

• Client money segregation. UK and EU rules require licensed firms to hold retail client funds apart from company money, so the funds are ring-fenced if the broker fails.
• Compensation schemes. In the UK, eligible clients of an FCA-authorized firm that collapses can claim through the Financial Services Compensation Scheme. Cyprus runs an Investor Compensation Fund for clients of CySEC-licensed firms.
• Leverage caps and negative balance protection. Under ESMA rules, EU retail clients are limited to 30:1 on major currency pairs and cannot lose more than their account balance.
• Dispute resolution. Clients of licensed firms can usually take an unresolved complaint to an ombudsman or the regulator itself.

None of these protections attaches automatically to 1xTrade Ltd. If the broker refuses a withdrawal, changes terms, or stops operating, your recourse is whatever the client agreement provides, plus any civil claim you could bring against a St. Lucia company. That is an expensive and uncertain route for most retail traders.

Many national regulators also prohibit firms without local authorization from soliciting their residents. If you live somewhere with an active forex regulator, check whether an offshore broker may legally serve you before you sign up.

Trading platform: MetaTrader 5

1xTrade offers MetaTrader 5, the multi-asset platform developed by MetaQuotes. MT5 has these features regardless of which broker provides it:

• Order types: market orders plus six pending order types (buy limit, sell limit, buy stop, sell stop, buy stop limit, sell stop limit).
• Charting: 21 timeframes, built-in technical indicators and analytical objects, and support for custom indicators.
• Position accounting: MT5 supports both netting and hedging modes. The broker decides which mode an account uses.
• Automation: Expert Advisors written in MQL5, with a strategy tester for backtesting.
• Access: desktop, web and mobile versions.

A broker that offers MT5 has licensed the software, and the platform does not make the broker safer. On any MT5 server, the quotes, spreads, swaps, margin rules and execution come from the broker’s own setup, not from MetaQuotes.

The order execution policy on 1xtrade.com is the document that explains how 1xTrade fills orders: whether it acts as counterparty, how it handles slippage, and what happens in fast markets. Read it alongside the MT5 page.

Costs, accounts and terms

Before funding, get 1xTrade’s spreads, commissions, swap rates, minimum deposit, account types, maximum leverage, and deposit and withdrawal fees directly from the broker’s trading page and client agreement, and compare them with other brokers.

When you compare, keep the cost terms distinct:

• Spread vs. commission. A spread is built into the quote. A commission is charged separately and may be quoted per side (on opening and closing each) or per round trip (once for both). A $3.50 per-side commission is a $7 round-trip cost per lot.
• Swap. Overnight financing is charged or credited for positions held past the daily rollover. It can be positive or negative, and it can differ between long and short positions.
• Balance vs. equity. Margin calls and stop-outs in MT5 are normally based on equity (balance plus or minus open profit and loss), not balance. Check what margin level triggers a stop-out.
• Withdrawal conditions. Look for minimum withdrawal amounts, processing times, fees, and any rule that ties withdrawals to trading volume or bonuses.

Documents to read before you deposit

The published documents carry the actual terms of your relationship with 1xTrade. Read these first:

1. Client agreement. Check governing law and jurisdiction for disputes, the broker’s right to cancel trades or close accounts, and how much notice it must give before changing terms.
2. Terms and conditions. Look for clauses on “abusive trading,” scalping, arbitrage, or news trading that the broker can use to void profits.
3. Order execution policy. Find out whether 1xTrade is your counterparty and how it handles requotes and slippage.
4. Refund policy. Note the method, timeline and conditions for getting deposits back.
5. Risk disclaimer. Check whether negative balance protection is offered or excluded.
6. Privacy policy. See where your identity documents are stored and who they may be shared with.

If a clause lets the broker cancel profitable trades at its discretion, or makes withdrawals conditional on volume targets, treat it as part of the price of trading there.

Complaints and reviews

1xTrade has a Trustpilot page, and at least one public complaint exists in which a client says they fear 1x Trade has taken their money.

When you read reviews of any broker, give more weight to detailed accounts of withdrawals than to short positive ratings. Deposits and early trading rarely cause friction. The first sizeable withdrawal is where an unregulated broker’s terms get tested.

Risks of trading with 1xTrade

Two separate layers of risk apply.

Counterparty risk. This is the risk that the broker does not return your money, whatever your trading results. Your deposit is effectively an unsecured exposure to 1xTrade Ltd.

Market risk. This is the normal risk of leveraged forex and CFD trading, and leverage magnifies it.

Here is a hypothetical example (these are not 1xTrade’s terms):

• A trader deposits $1,000 and uses 100:1 leverage to open a $100,000 EUR/USD position.
• A 1% move against the position costs $1,000, which is the whole deposit.
• Without guaranteed negative balance protection, a sharp gap could leave the account negative.

Sizing positions from the stop-loss distance and a fixed share of the account keeps one trade from erasing the balance. A position size calculator does that arithmetic for any pair and account size.

Leveraged forex trading is high risk and is not suitable for every investor. You can lose part or all of what you deposit, so trade only with money you can afford to lose. If you are unsure whether leveraged products fit your situation, get advice from an independent financial or tax adviser.

Who 1xTrade may and may not suit

1xTrade’s terms do not clearly beat other options for any trader profile.

It is a poor fit for:

• Traders who want regulatory protection, segregated funds, or access to an ombudsman.
• Anyone planning to deposit savings or sums whose loss would cause real hardship.

A trader who understands the counterparty risk and accepts it may still choose an offshore broker for its conditions. If you do, keep the balance small and withdraw profits regularly.

How we checked 1xTrade

We visited 1xtrade.com on 13 November 2026, connecting from Tallinn, Estonia. The home page opened normally and had a live chat widget. In the footer we found the company statement: 1xTrade Ltd. is registered in St. Lucia as an International Business Company with registration number 2025-00218, with a registered address at Ground Floor, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia. The site also says plainly, “We are not authorised or regulated by a financial services regulator in your jurisdiction.” From the footer we clicked through to the Terms & Conditions and the Risk Disclaimer, and both opened. The About Us link did not load for us from Estonia.

The trading conditions are listed on the home page. It shows three accounts. The Standard Account and the Commision Free Account (the site’s own spelling) both start at $10, while the Expert Account asks for $1000+. All three show leverage from 1:500, and elsewhere on the page the broker quotes a commission of $3 per side next to raw spreads from 0.0 pips. We did not register, deposit or trade, so we cannot say whether the conditions inside the client area match what the public page advertises.

We ran no register search this time. The site points to no licence from a financial regulator whose register we can query, and 2025-00218 is presented as a company registration. On Trustpilot, which we read on 13 November 2026, 1xTrade scored 3.3/5 from 108 reviews. Opinion is split: 52% of ratings are five-star and 37% are one-star. The company has claimed the profile and replied to 6 of the 8 newest reviews. The Wayback Machine’s first capture of the domain dates from 2001-02-24. The current domain record shows a registration date of 2024-10-11, so that early capture probably belongs to a previous owner rather than this broker.

We could not confirm the St. Lucia company record ourselves, and nothing in our check tells us how withdrawals are handled in practice.

How to check 1xTrade yourself

1. Confirm the company record. Search the Saint Lucia IFC registry for 1xTrade Ltd. and compare the details with registration number 2025-00218. Note that this confirms an IBC, not a trading licence.
2. Check your own regulator. Search your national regulator’s authorized firm register and warning list for “1xTrade” and “1x Trade,” for example the FCA, ASIC or CySEC, depending on where you live.
3. Match the legal entity. Make sure the company named in the client agreement is 1xTrade Ltd. and that payments go to that entity. Payments routed to a differently named company are a warning sign.
4. Read the documents listed above before you register, paying most attention to withdrawal terms and the broker’s discretion over trades.
5. Test withdrawals early. If you decide to proceed, deposit a small amount, make a small withdrawal back to the same payment method, and note how long it takes and what was asked of you.
6. Keep records. Save copies of the agreement version you accepted, your deposit receipts, and correspondence with support.