Beware TradeX1 is a Non-Regulated broker. It is NOT SAFE to trade.

  • Company name: 

Black Parrot Limited – Blonde Bear Ou. TradeX1.

  • Registration Address/ License:

Tallinn, Estonia. No License or Regulation.

TradeX1 is a brand name used by the company Blonde Bear Ou registered in Tallinn, Estonia. The broker claims its state-of-art technological solutions in online trading with an advanced offering on a range of instruments as well as IT & Finance, Administration services. The firm is located in Estonia, which is part of the EU and actually should be registered with industry authority in order to provide its legal services. Since it is not the case of the TradeX1, there is no confirmation that the service truly deserves its claimed status.

TradeX1 Review

Moreover, the company was promoting its service within Italy and other European jurisdictions including the UK without a legal permission from the local authority so, therefore the TradeX1 was blacklisted brand as it believes to be a trading scam. Recently, FCA UK and CONSOB Italy posted their warnings to the investors against trading with TradeX1.

“The TradeX1 firm is not authorized by us and is targeting people in the UK. Based upon the information we hold, we believe it is carrying on regulated activities which require authorization.”

FCA UK, June 2018

The CONSOB authority or other reputable regulators as responsible for the smooth market operation and offering advice to the public and potential traders always to check the company registers before any investment is done. Since there are many fraud companies appearing daily, it is at the major priority to choose only among the legal entities that are authorized by the industry agencies and are Regulated Forex Brokers.  Apart from the legal side, there are necessary tools implied in order to protect the client in case the company faces unlikely events or performs service.   

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One response to “TradeX1”

  1. Compment Area plz nobody use tradex 1 they are scammers 100 per sent Natasha Kline and all the others are fakes you will be robed no matter what they tell u they will never send you money back no liquidation fees they will just take and never send your money back you will never see it again

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