Review summary
ONEFX TRADE is a forex broker that reports being established in the United Kingdom and has been operating for between 2 to 5 years. The broker holds no valid authoritative forex trading licenses from recognized financial regulators, as its regulatory status is explicitly listed as 'No Regulation'. This complete absence of formal oversight represents a significant structural vulnerability for client funds and trade integrity. On the trading front, ONEFX TRADE offers a range of account types with varying entry conditions, including a MICRO account with a $10 minimum deposit and a VIP account requiring $500. Leverage is offered up to 1:800 across its accounts, which caters to different trader profiles but also amplifies risk. The firm's overall WikiFX score is 1.44 out of 10, which reflects its unregulated status and the associated high-risk operational profile. Prospective traders should proceed with maximum caution due to the fundamental lack of financial oversight and investor protection mechanisms. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-21)
