Score

2.01 /10
Danger

BX Trade

Saint Lucia

2-5 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

D

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index4.34

Business Index6.28

Risk Management Index2.73

Software Index4.50

License Index2.69

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

BX Trade

Company Abbreviation

BX Trade

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-07-28
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

WikiFX Verification

BX Trade · Company summary
BX TradeReview Summary
Founded2013
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market InstrumentsCryptocurrencies and options
Demo Account/
Leverage/
Spread/
Trading PlatformBX Trade
Minimum Deposit$1
Customer SupportEmail: support@bxtrade.net
Address: 3rd Floor, Bank of Saint Lucia Limited, Bridge Street, Castries, Saint Lucia.

BX Trade Information

BX Trade, founded in 2013, is a brokerage registered in Saint Lucia. The trading instruments it provides cover cryptocurrencies and options, with a minimum deposit of $1 on its own trading platform. However, this company is not regulated and its official website does not reveal much information on trading details.

BX Trade Information

Pros and Cons

Pros Cons
Specialized in crypto tradingUnregulated
Low minimum deposit of $1Lack of transparency
Only email support

Is BX Trade Legit?

BX Trade is unregulated, which means traders should be more careful when trading through BX Trade.

license

What Can I Trade on BX Trade?

BX Trade offers traders the opportunity to trade cryptocurrencies and binary options.

Tradable Instruments Supported
Cryptocurrencies
Binary Options
Forex
Commodities
Indices
Stocks
Bonds
ETFs
assets
assets

BX Trade Fees

BX Trade charges 5% of the profit as commission.

BX Trade Fees

Trading Platform

BX Trade's trading platform is electronic trading platform, which supports traders on PC and mobile.

Trading PlatformSupported Available Devices Suitable for
BX TradePC, Web, Mobile/
MT4/Beginners
MT5/Experienced traders
Trading Platform

News

ExposureBX Trade Review: Is This Unregulated Broker Worth the Risk?

BX Trade is an unregulated Saint Lucia broker with a WikiFX score of 2.01. A verified user complaint details frozen funds despite following all rules. This review examines the regulatory gap, user feedback, and what traders should verify before engaging.

WikiFX
2026-07-28 12:00
BX Trade Review: Is This Unregulated Broker Worth the Risk?

User Reviews

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User comment

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Comments

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Tony96666
more than one year
I still can't believe I had to go through a period where they tried to deceive me and freeze my funds, even though I respected the broker and adhered to their deposit and withdrawal rules. Their service was nothing short of a disappointment.
I still can't believe I had to go through a period where they tried to deceive me and freeze my funds, even though I respected the broker and adhered to their deposit and withdrawal rules. Their service was nothing short of a disappointment.
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2024-02-29 13:38
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