Score

1.54 /10
Danger

TRADE X1

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.26

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

1G

40G

open now

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

TRADE X1 · Company summary

Note: TRADE X1's official website: https://www.tradex1.com/en is currently inaccessible normally.

TRADE X1 Information

TRADE X1 is an unregulated brokerage company registered in the United Kingdom. Due to the closure of the official website of this broker, traders cannot obtain more security information.

Is TRADE X1 Legit?

TRADE X1 is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with TRADE X1.

Is TRADE X1 Legit?
Is TRADE X1 Legit?

Downsides of TRADE X1

  • Unavailable Website

TRADE X1's official website is currently inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since TRADE X1 does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

TRADE X1 is not regulated by other institutions, which increases the possibility of fraud.

Conclusion

TRADE X1 Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security. When selecting a trading platform, prioritize those supervised by recognized regulatory bodies for enhanced security and peace of mind.

User Reviews

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User comment

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Comments

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FX1387965627
more than one year
Most terrible trading experience ever. TRADE X1 is a fake company. It is a network of scammers. They can manipulate the figure only for you to see what they wanted you to see. They ask you for money and ask you to upgrade but never pay you. Don't waste your money and time. Keep away from these scammers!
Most terrible trading experience ever. TRADE X1 is a fake company. It is a network of scammers. They can manipulate the figure only for you to see what they wanted you to see. They ask you for money and ask you to upgrade but never pay you. Don't waste your money and time. Keep away from these scammers!
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2023-03-24 14:29
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