Forex 1000X Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

1000X Trading Conditions

Registered Region Hong Kong

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email N/A

Contact Number N/A

Website 1000x.live

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, commodities, and cryptocurrencies
Accessible minimum deposit requirement of 50
Variety of trading platforms: web version, mobile app, and desktop application
Responsive customer support via email, live chat, and phone
No commissions on forex trades

Cons

No regulation or licensing, posing a significant risk to funds
Lack of transparency and unclear trading conditions
Limited product range, primarily focused on cryptocurrencies
Negative reviews and complaints regarding withdrawal issues
Unclear customer service channels and support availability

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	1000X	Fidelity	SCFH	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Hong Kong	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does 1000X Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners and small-capital investors	Accessible minimum deposit, high leverage	Suitable for practice and entry-level trading

Account Opening Process

To open an account with 1000X, prospective traders should follow these steps: first, submit personal information including identity verification documents such as an ID and proof of address. Next, provide employment and financial information as required. It’s important to note that clients may have the flexibility to upgrade their accounts later, for instance, to a professional account, as their trading needs evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Floating	$0	No commissions on trades
CFDs (Stocks, Indices, Commodities)	Varies	$0	Details not specified
Cryptocurrencies (BTC, ETH)	Floating	$0	Varies based on market conditions

Other Fees

Clients should be aware of potential fees associated with their trading activities, which may include deposit and withdrawal fees, inactivity fees, overnight interest (swap rates), and currency conversion fees. Specific details about these fees have not been provided, so traders are encouraged to inquire further for clarity.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

1000X User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Doe

Hong Kong

★ ★ ★ ★ ★

I’ve faced numerous issues with withdrawals from 1000X. The process is frustratingly slow, and customer support has been unhelpful in resolving my concerns. I can’t recommend this broker due to the lack of reliable service.

Sarah Lee

New York

★ ★ ★ ★ ★

I appreciate the variety of trading instruments available at 1000X. The trading platforms are user-friendly, and I found the mobile app particularly convenient for managing my trades on the go. Overall, a solid experience.

Michael Chen

Beijing

★ ★ ★ ★ ★

I had a really bad experience with 1000X. My withdrawal requests were delayed multiple times, and customer support was not responsive. I feel my funds are not secure with this broker.

Emily Wong

Tokyo

★ ★ ★ ★ ★

1000X has been a great broker for me. The trading environment is robust, and I love the no-commission structure on forex trades. The customer support has been responsive whenever I needed assistance.

Hong Kong Market