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Unregulated

1000EXTRA

Cyprus · Mil Xtra LTD
Unregulated Cyprus 5-10 years Forex, Indices
0.0/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Licensed-broker average 5.3 / 10
1000EXTRA has no verified tier-1 regulatory licence on record. See what this means →
User reviews
License status
None
Operating since
2016
Platforms
MT5, MT4
Min. deposit
$50
Max. leverage
1:30
Account types
Website status
Unknown

1000EXTRA Review — Overview

Updated 29 Jul 2026
Regulation
Unregulated
Licence status
None
Platforms
MT5, MT4
Min. deposit
$50
Max. leverage
1:30
Instruments
Forex, Indices, Commodities, Futures
Operating
Est. 2016
Entity
Mil Xtra LTD
Website
Unknown

1000EXTRA is a forex & CFD broker based in Cyprus, established in 2016. On Trust Broker Hub it holds a Trust Score of 2.0 out of 10, which we rate as Poor — below the 5.3/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for 1000EXTRA. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

1000EXTRA provides access to Forex, Indices, Commodities, Futures. Published conditions include a minimum deposit of $50 and leverage up to 1:30. No complaints are currently on record. Overall, 1000EXTRA carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation no licence on record 1.0 / 10 × 50%
Transparency public disclosure 6.0 / 10 × 20%
Footprint track record 4.0 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 2.85
Data completeness 4 of 10 facts verified 40%  ×0.70
Trust Score 2.0 / 10

Trust Score history

1000EXTRA currently scores 2.0/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for 1000EXTRA. Treat with caution and verify before depositing.

Trading conditions

Self-reported
InstrumentsForex, Indices, Commodities, Futures
Minimum deposit$50
Maximum leverage1:30
Typical spreadNot disclosed
PlatformsMT5, MT4
Demo accountNot disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on 1000EXTRA

Editorial · updated 29 Jul 2026
Our analysis · editorial 2.0/10

High-risk profile

1000EXTRA does not hold a verified regulatory licence on record. Based in Cyprus, it has been operating for about 10 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 2.0/10 — a high-risk profile.

Strengths
  • Long 10-year operating track record
  • No complaints on record with us
  • Supports MT5 & MT4 trading
  • Accessible minimum deposit ($50)
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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1000EXTRA — Questions & Answers

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag 1000EXTRA here if that changes.

Full specifications

Regulated region
Cyprus
Operating period
5-10 years
Instruments
Forex, Indices, Commodities, Futures
Year founded
2016

Frequently asked

Is 1000EXTRA a safe broker?
1000EXTRA scores 2.0 / 10 on our Trust Score, below the 5.3 average for brokers that hold a verified licence. It has no verified tier-1 licence, raising risk. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
How is the 1000EXTRA trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from 1000EXTRA?
1000EXTRA publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.