✔️ Information reviewed and updated in September 2024 by Eduardo López

IS IT 1000X RELIABLE? OPINIONS

Today, I'm going to examine 1000X. The forex, cryptocurrency and raw materials broker Is 1000X, which operates on XXX.com, a safe and reliable option? Is it advisable to invest your money with them? I will review this company in detail.

Let me explain why I think 1000X It is an UNSAFE AND UNRELIABLE company. BE CAREFUL WITH THIS TYPE OF COMPANIES!


ℹ️ BROKER DATA:

I would like to highlight two things: (1) the first is the regulation of the company and (2) the second is its location. These two aspects are essential to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
Company typeforex, cryptocurrency and commodities broker
(I.e. Company1000X Limited
🕑 Website ageIts registration date was: October 21, 2021
📄 Registration Hong Kong
🛡️ RegulapainNot mentioned
???? Address Hong Kong, China
🌐 Website1000x.live
📧 EmailDoes not have
️ ️ PhoneDoes not have
???? Live ChatYes
💳 Payment methodsNot mentioned

📞 LIST OF PHONE NUMBERS:

There is no contact phone number mentioned by the company. The lack of media makes me feel uncomfortable. This is not typical.


💰 DEPOSITS AND ACCOUNTS:

1000X does not offer different types of accounts.


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

1000X website
  • Age of the website: the domain “1000x.live” was registered on October 21, 2021. 🚩
  • The website states membership in a company, however, I have not been able to verify the existence of “1000X Limited” in business records, and I think it might be a shell company. 🚩
  • As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩

⭐ JUDGMENT OVER 1000X:

After having carried out an analysis of the company, I have come to the following conclusions:

1) Hong Kong (China), where the company is located, is known for having less strict regulatory standards and a business environment that may be perceived as less safe than in other regions.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

3) As I mentioned, I was able to check that the domain “1000x.live” was registered on October 21, 2021.

4) The company has a pretty negative reputation online, based on customer complaints I've seen.

“Personally, I would not consider investing in a company of this type: It is not regulated. Mentions belonging to a company 1000X Limited Which apparently is a fake company. “I cannot support a company of this nature.”


💬 WHAT TO THINK ABOUT A COMPANY LIKE 1000X?:

1000 times operates as a broker under the domain “1000x.live”, registered on 21th October 2021. This relatively recent date suggests that the platform is relatively new to the financial market, which may raise questions about its experience and credibility in the sector. The company claims to be associated with “1000X Limited,” but no verifiable record of this entity can be found in corporate databases, raising significant suspicions about its authenticity. This lack of transparency regarding ownership and corporate structure is an initial warning sign.

In terms of regulation, 1000 times It does not provide any information about being supervised by a recognized financial authority, which implies that it could be operating without being subject to any official regulatory framework. This lack of regulation is worrying and could mean a risk for investors, since there is no guarantee of compliance with security and transparency standards. Additionally, the company's stated location in Hong Kong, known to have less stringent regulatory standards and a less secure business environment compared to other regions, also raises red flags about the security and reliability of 1000 times as a broker.

In summary, due to the lack of transparency in its corporate structure, lack of stated regulation, and possible indications of a fictitious entity, it is advised to proceed with extreme caution before considering any type of investment with 1000X.


📣 LATEST UPDATES:

At this time, there is no updated information.


✔️ MANAGE MONEY CLAIM WITH 1000X:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can start money recovery.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨FILE A COMPLAINT AGAINST 1000X:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is 1000X?

1000X is an investment broker that offers a variety of assets for trading on its platform. These include FX Trade, Perpetual Trade, Social Trade FX, and Social Trade Perpetual. Additionally, the platform supports financial instruments such as cryptocurrencies and commodities. This allows users to diversify their investments and participate in different markets according to their preferences and trading strategies.

Is 1000X a hoax – is it a scam?

In my point of view, yes it is. I am convinced that 1000X is a scam. This conclusion is based on various problematic aspects of the company, such as unfavorable reporting and non-transparent business practices that have been mentioned by users and experts in the industry. My advice is to completely refrain from establishing any type of business relationship with this entity due to the high degree of risk involved.


What steps should I follow to recover money from 1000X?

If you have been scammed or lost money, I suggest you explore recovery options. capital recovery.

What is a trustworthy broker to invest in?

To discover a safe and reliable company, I invite you to review the ranking of the best brokers and also to verify the 3 best brokers of the month.


Can we trust 1000X?

In my experience, 1000X is not a company I would recommend. Questionable practices and lack of transparency can pose significant risk to investors. It is advisable to avoid any commercial relationship with this entity.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (412 votes)

2 comments on «IS IT 1000X RELIABLE? OPINIONS»

  1. Finn Reply

    This broker never receive your money. They scammed my wife, don't fall into the trap, I know you'll thank me.

    • reliableforexbroker.com Reply

      Hello Finn, 1000X is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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