'Where Is My $31,000' Polish Trader Calls Out 1xTrade After Profit Removal

A Polish day trader has come forward to expose 1x Trade Ltd. (www.1xtrade.com), a platform he accuses of stealing over $31,000 in profits under the guise of a fraudulent policy.

According to the trader, he joined the platform after seeing a promotion by YouTube influencer “FxAlexG” on February 1, 2026. He deposited $1,800 in USDC via the Ethereum network and focused primarily on trading XAUUSD. Within just a few days, his account balance reportedly grew to around $35,000 through a series of successful trades.

On February 5, the trader opened a pyramidal short position on gold. Three trades were executed between 20:20 and 23:44 (UTC+2). All positions later hit their take-profit targets by 02:20 the following day, generating a combined profit of $31,238.

However, on February 7, the platform allegedly voided the entire profit, citing a vague policy regarding “gap exploitation.” The trader disputes this explanation, noting that the trades were opened hours before the platform’s scheduled daily maintenance and closed long after trading resumed. He also pointed out that the broker had already charged swap fees, indicating the trades were recognized as valid positions.

After the trader posted negative reviews online, 1xTrade did not respond to his six emails but instead offered a deal: return the funds as non-withdrawable "trading credits" if he deleted his public complaints. He refused.

Investigations reveal 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. 

The trader has filed complaints with the Polish KNF, St. Lucia FSRA, Interpol, and the FBI IC3.

BrokersView Reminds You

The case highlights ongoing risks for retail investors dealing with unregulated offshore trading platforms, where dispute resolution and investor protection mechanisms are often absent.

If you suspect you have encountered a fraudulent platform or are facing withdrawal obstacles, please preserve all chat logs and trading screenshots. You can promptly submit a complaint to BrokersView, and we will assist you in reporting the situation to the relevant regulatory authorities.