Brief information 1000X
1000X is positioned as an online service for dealing digital assets and financial instruments. The broker acts as an intermediary between traders and liquidity providers through whom transactions are executed.
The broker provides a certificate of incorporation issued in 2022 with registration in Hong Kong. However, this is not a license to provide intermediary services in the territory of the SFC, which must authorize market transactions in crypto or forex services.
Support is mainly provided via online chat or the platform's internal messaging system. Office address: 8/F Mega Cube, Kowloon, Hong Kong.
1000X Live trading terms
The company claims to offer trading in various financial assets through its own web terminal, including
cryptocurrencies,
precious metals,
currency markets,
commodities, and more.
Users are offered a web terminal for dealing that supports market and pending orders. It also mentions fast execution of transactions and balance updates in near real time.
Access to the 1000X Live terminal is via a personal profile on the website. No separate applications or well-known platforms are mentioned. Account management, opening trades, and tracking balances are done directly in the browser.
Trading accounts at 1000X
Dealing profiles are not presented on the platform. Instead, the company offers the following features:
FX Trade,
Perpetual Trade,
Social Trade FX,
Social Trade Perpetual,
Partner.
They allow users to trade and work with perpetual contracts, use social trading elements, and participate in the service's affiliate program.
Users are offered financial activity with high leverage, which can reach 1:1000. No trading conditions are presented on the website.
Registration and personal account on 1000x.live
In addition to the main registration via email and password, there is the option to log in via third-party services, including Google, Facebook, and the Metamask cryptocurrency wallet.
Deposits and withdrawals with 1000X Live
The system may charge a commission of approximately 1.5% for deposit and withdrawal transactions. According to the information on the website, account deposits and withdrawals can be made via cryptocurrency wallets.
In some cases, users are offered to use third-party services and wallets to transfer funds. Specific limits on deposits and withdrawals, as well as transaction processing times, are disclosed on the website to a limited extent.
Conclusion about 1000X
The company is positioned as a service for dealing cryptocurrencies and other financial instruments via a web terminal. However, the website provides limited information about the company's legal status and terms of service. There is also no information about licensing by financial regulators.
Therefore, before using such services, it is recommended to carefully study reviews about 1000X and consider the possible risks when working with it.
