3angleFX
Pros and Cons
Pros
- Regulated by Cyprus Securities and Exchange Commission (CySEC)
- Diverse trading instruments including forex, stocks, commodities, and indices
- Utilizes the MetaTrader 5 (MT5) trading platform
- Offers educational resources such as webinars and tutorials
- Minimum deposit requirement of $100 for live accounts
Cons
- No 24/7 customer support
- Unclear fee and leverage information
- Limited payment methods
- High spreads on major pairs
- Lack of advanced educational resources
Basic Information
User Reviews
3angleFX Overview
3angleFX is a forex broker founded in 2019 and based in Limassol, Cyprus. It operates under the trading name Triangleview Investments Limited and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 384/20. This regulatory oversight ensures that the broker adheres to strict financial guidelines, providing a level of protection for client funds and enhancing trust among traders. With several years of experience in the industry, 3angleFX has established itself as a reputable online broker in the financial market.
The broker offers a wide array of trading services, including forex trading, CFDs on stocks, commodities, and indices. 3angleFX utilizes the popular MetaTrader 5 (MT5) platform, known for its advanced trading capabilities, user-friendly interface, and support for automated trading strategies. Customer support is available 24/5 through various channels, ensuring traders receive assistance when needed. The broker distinguishes itself by providing educational resources, including tutorials and webinars, to empower traders of all levels. Overall, 3angleFX presents a solid option for those looking to engage in forex trading and explore diverse financial instruments.
Is 3angleFX Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Segregated Funds |
Is 3angleFX Regulated and How Are Client Funds Protected?
3angleFX is a regulated forex broker, operating under the supervision of the Cyprus Securities and Exchange Commission (CySEC) with license number 384/20. This regulatory status indicates that 3angleFX adheres to strict financial guidelines, enhancing the safety and security of client funds. To protect client assets, the broker implements measures such as the segregation of client funds in separate accounts, ensuring that these funds are kept separate from the company’s operational funds. This practice helps safeguard client investments in the event of financial difficulties faced by the broker. Moreover, 3angleFX operates under the Markets in Financial Instruments Directive (MiFID II), which promotes transparency and investor protection across the European Union. Overall, the regulatory framework and fund protection measures in place at 3angleFX contribute to a level of trust and security for traders engaging with this broker.
Trading Products and Services
What trading instruments does 3angleFX offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Many |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
The diversity of trading instruments offered by 3angleFX, including forex, commodities, indices, stocks, and cryptocurrencies, caters to a wide range of trading styles and strategies. This extensive selection allows traders, from beginners to experienced investors, to engage in various markets and implement flexible trading strategies. By providing multiple asset categories, the broker facilitates portfolio diversification, which is essential for managing risk in today’s dynamic financial landscape. Whether a trader is looking to capitalize on short-term market movements or seeking long-term investment opportunities, the array of products available ensures that 3angleFX meets the varying needs of its clients effectively.
Account Types and Trading Conditions
What Account Types and Fees Does 3angleFX Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Live Account | All levels of traders | Access to all trading instruments, personalized customer care | Minimum deposit of $100 required |
| Demo Account | Beginners | Practice trading with virtual funds, learn trading basics | Available for risk-free learning |
Account Opening Process
Opening an account with 3angleFX is straightforward. First, you need to register by completing the online registration form, which includes personal information such as your email address, phone number, and address. Next, you must submit verification documents, including a color copy of your ID and proof of address, which can be provided via email or through video verification. Once your documents are approved, you can log into your account and deposit the minimum amount of $100 or more to start trading. Additionally, 3angleFX allows account flexibility, permitting upgrades to a professional account as your trading needs evolve.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Variable | $0 | No hidden commissions |
| CFDs (Stocks, Indices, Commodities) | Variable | $0 | Costs embedded in spreads |
| Cryptocurrencies | Variable | $0 | Dependent on market conditions |
Other Fees
3angleFX does not charge any deposit or withdrawal fees. However, clients should be aware of potential transaction fees from their banks or payment providers. There are no inactivity fees or platform usage fees. Overnight interest, or swap rates, may apply to open positions held overnight, and currency conversion fees may apply depending on the transaction type.
Trading Platforms and Apps
What Trading Platforms and Apps Does 3angleFX Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | Secure login (2FA), multiple order types, technical indicators, economic calendar | Demo accounts, educational resources |
| Web Version (Sirix WebTrader) | Any device with a web browser | Secure login (encryption), symbol lookup, price alerts | Demo accounts |
| Mobile App (Sirix Mobile Trader) | iOS, Android | Secure login (biometrics), push notifications, one-click trading | Demo accounts |
The MetaTrader 5 platform offers advanced features and is suitable for experienced traders who require a comprehensive toolset for market analysis and automated trading. The web version allows traders to access their accounts from any device with internet capabilities, ensuring flexibility. Meanwhile, the mobile app facilitates trading on the go, providing essential features such as secure login and real-time alerts. 3angleFX ensures that all platforms support secure access and efficient order execution, allowing traders to manage their investments effectively across various devices.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 business days | No platform fee | Min $100, Max $10,000/day | USD, EUR |
| Credit/Debit Card | Instant | No platform fee | Min $100, Max $10,000/day | USD, EUR |
| e-Wallet (Skrill, Neteller) | Instant | No platform fee, 1.5% charge for e-wallet deposits | Min $100, Max $10,000/day | USD, EUR |
| Cryptocurrency | Instant | No platform fee | Min $100, Max $10,000/day | BTC, ETH |
Minimum Deposit
3angleFX requires a minimum deposit of $100 to open a live trading account. This amount is consistent across all payment methods and account types, making it accessible for traders at various levels.
How to Withdraw
To withdraw funds from your 3angleFX account, follow these steps:
- Log into your 3angleFX account.
- Navigate to the ‘Withdrawal’ section.
- Select your preferred payment method for withdrawal.
- Enter the amount you wish to withdraw, adhering to the limits specified.
- Confirm your withdrawal request.
- Check your email for confirmation and follow any additional instructions if needed.
Customer Support
3angleFX Customer Support Overview
Support Channels
3angleFX offers multiple contact methods to ensure that clients can easily reach out for assistance. Traders can connect with customer support via:
- Email: Clients can send their inquiries to support@3anglefx.com for prompt responses.
- Live Chat: Available directly on the website, allowing for instant communication with support representatives.
- Online Messaging: Another option for contacting support through the broker’s online platform.
Service Availability
Customer support at 3angleFX is available 24/5, ensuring that assistance is provided during weekdays. The broker offers support in multiple languages, enhancing accessibility for a diverse client base.
Additional Resources
3angleFX also prioritizes trader education by providing a range of resources, including tutorials, webinars, and market analysis. These educational materials empower traders with the knowledge and skills necessary to enhance their trading experience.
Frequently Asked Questions
Yes, 3angleFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 384/20. This regulatory status ensures that the broker adheres to strict financial guidelines, providing protection for client funds.
3angleFX offers two types of trading accounts: a Live Account suitable for all levels of traders, requiring a minimum deposit of $100, and a Demo Account, which allows beginners to practice trading with virtual funds.
3angleFX implements several fund protection measures, including the segregation of client funds in separate accounts, which ensures that client assets are kept separate from the broker’s operational funds. This practice helps safeguard client investments.
3angleFX utilizes the MetaTrader 5 (MT5) platform, which is known for its advanced trading features, user-friendly interface, and support for automated trading strategies. It is available on Windows, macOS, iOS, and Android devices.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.