Abstract:Founded in 2019, 3angleFX is the trading name owned and operated by Triangleview Investments Limited, a Cyprus-registered investment firm licensed by the Cyprus Securities and Exchange Commission (CySEC) under license no. 384/20. The broker provides CFDs on Forex, Stocks, Commodities, Indices, and Cryptocurrencies through the MT5 trading platform.
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
3angleFX Review Summary in 10 Points | |
Founded | 2019 |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | CFDs on forex, stocks, commodities and indices |
Demo Account | Available |
Leverage | 1:30 |
EUR/USD Spread | 30 points |
Trading Platforms | MT5 |
Minimum deposit | $/€100 |
Customer Support | 24/5 Live chat, email, online messaging |
Founded in 2019, 3angleFX is the trading name owned and operated by Triangleview Investments Limited, a Cyprus-registered investment firm licensed by the Cyprus Securities and Exchange Commission (CySEC) under license no. 384/20. The broker provides CFDs on Forex, Stocks, Commodities, Indices, and Cryptocurrencies through the MT5 trading platform.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Regulated by CySEC | • Limited payment methods |
• Wide range of financial instruments | • Wide spreads |
• Multiple account types | • No information provided on commissions |
• Demo accounts available | |
• MT5 supported | |
• No fees for deposits and withdrawals | |
• Rich educational resources |
There are many alternative brokers to 3angleFX depending on the specific needs and preferences of the trader. Some popular options include:
FXPro - A highly reputable and well-regulated broker, recommended for traders seeking a comprehensive range of trading instruments and advanced trading platforms.
FX Broadnet - A reliable broker with competitive spreads and a user-friendly trading environment, suitable for both beginner and experienced traders.
Tasman FX - An emerging broker offering a range of trading services and competitive trading conditions, recommended for traders looking for a new and innovative trading experience.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
As 3angleFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) with a valid STP license No. 384/20, it indicates that the broker operates under certain regulatory guidelines and oversight. This regulatory oversight provides a level of assurance regarding the safety and security of client funds and the overall operations of the company. However, it's important to conduct further research and due diligence to evaluate the broker's reputation, trading conditions, and customer feedback before making a decision.
3angleFX offers a diverse range of market instruments for investors to trade CFDs. These instruments include Forex, allowing traders to access various currency pairs and participate in the global currency market. Additionally, the platform provides access to Stocks, enabling investors to trade shares of prominent companies listed on major stock exchanges.
Commodities such as precious metals, energy products, and agricultural goods are also available for trading, providing exposure to the commodities market. Furthermore, 3angleFX offers Indices, allowing traders to speculate on the performance of market indices representing specific sectors or regions.
3angleFX offers investors the convenience of two types of trading accounts: live and demo accounts. The live account is designed for real trading with actual funds, requiring an initial deposit of $/€100. With a live account, investors can access and trade all available instruments offered by 3angleFX through a single account.
The minimum trade volume is set at 0.0 lots, providing flexibility in position sizing. The Margin Call Level is set at 100%, which means that when the account's equity falls below the required margin, a margin call will be triggered. The Stop Out level is set at 50%, indicating that if the account's equity drops below this level, the system will automatically close out positions to prevent further losses.
On the other hand, 3angleFX also offers a demo account with a virtual balance of $100,000, allowing beginners to familiarize themselves with the platform and practice their trading strategies in a risk-free environment. This feature provides an excellent opportunity for traders to gain experience and confidence before transitioning to live trading.
Opening an account with 3angleFX is an easy and simple process:
Step 1: Click the “Registration” link, and fill up some required details concerning your personal education and finance information, etc.
Step 2: Submit your verification documents by email or video verification.
Step 3: After approval, fund your account and start to trade with this forex broker.
As a regulated forex broker under CySEC, 3angleFX adheres to the leverage restrictions set by the regulatory authority. For forex trading, the maximum leverage available is up to 1:30, providing traders with the ability to amplify their trading positions. However, it's important to note that leverage can significantly magnify both profits and losses.
While experienced traders may choose to utilize higher leverage ratios, it's generally recommended that inexperienced traders exercise caution and refrain from using excessive leverage. For the safety and protection of clients, 3angleFX suggests a leverage ratio of no more than 1:10, allowing traders to have more control over their risk exposure while navigating the financial markets.
3angleFX provides traders with average spreads on specific instruments, with the EUR/USD pair having an average spread of 30 points. You can find the spread on other trading instruments from the screenshot below or find more details on the brokers website.
However, the broker does not provide detailed information on commissions. Traders are advised to consult with their customer support to obtain more specific details regarding commissions.
3angleFX offers traders the popular and versatile MetaTrader5 (MT5) platform, which is available for Desktop, WebTrader, and Mobile Trader. MT5 is a powerful and feature-rich platform that caters to the needs of both beginner and advanced traders. With MT5, traders can access a wide range of trading instruments, perform advanced technical analysis, utilize various order types, and implement automated trading strategies with the help of expert advisors (EAs).
The platform is known for its user-friendly interface, customizable charting tools, and efficient trade execution. Whether traders prefer to trade on their desktop computer, access the markets on the go with their mobile device, or trade directly from their web browser, 3angleFX ensures that the MT5 platform is available in a convenient and accessible manner.
See the trading platform comparison table below:
Broker | Trading Platform |
3angleFX | MetaTrader 5 (MT5) |
FXPro | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
FX Broadnet | MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader |
Tasman FX | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
When it comes to depositing and withdrawing funds with 3angleFX, traders have a limited selection of payment methods. The broker accepts deposits through credit cards of VISA, MasterCard, and Maestro, as well as bank transfers. The minimum deposit requirement is $/€100, and there are no service fees charged by 3angleFX for deposits and withdrawals.
3angleFX | Most other | |
Minimum Deposit | $/€100 | $100 |
However, it's important to note that while 3angleFX does not charge any fees, some banks or remittance institutions may impose transaction fees, which are not covered by the broker. Credit card deposits are processed instantly, providing traders with immediate access to their funds. On the other hand, the processing time for bank deposits may vary depending on the trader's bank and remittance institutions. Withdrawals with 3angleFX typically take between 3 to 6 working days to process, ensuring that traders can access their funds in a timely manner.
3angleFX ensures that clients have access to customer service and support during weekdays from 9:00 AM to 9:00 PM. The official website is available in multiple languages, catering to a diverse client base. Traders can find answers to common trading-related queries in the FAQ section, which can be a helpful resource for self-help. In case clients require assistance from the staff, they can reach out to 3angleFX through various contact channels. These include 24/5 live chat, online messaging, and email support.
24/5 Live chat
Online messaging
Email: support@3anglefx.com
Registered Company Address: Kristelina Tower 12 Arch. Makarios III Avenue, Office 401, 4th Floor, Mesa Geitonia 4000, Limassol, Cyprus.
Pros | Cons |
• 24/5 live chat support | • No 24/7 customer support |
• Multiple contact channels | • No dedicated phone support |
• FAQ section for common queries |
Note: These pros and cons are subjective and may vary depending on the individual's experience with 3angleFX's customer service.
3angleFX prioritizes trader education and offers a range of educational resources to enhance clients' trading knowledge and skills. The Bony Academy provides structured educational materials, including tutorials, courses, and guides, covering various aspects of trading, from beginner to advanced levels. The blog section offers insightful articles, market analysis, and trading tips to keep traders updated with the latest market trends and developments.
The glossary serves as a comprehensive reference, explaining key trading terms and concepts. Additionally, 3angleFX conducts webinars on a regular basis, where experienced traders and industry experts share valuable insights, strategies, and techniques. These educational resources are designed to empower traders and help them make informed trading decisions in the dynamic financial markets.
In conclusion, 3angleFX is a CySEC-regulated forex broker with a range of positive features. It provides traders with access to various financial instruments and offers multiple account types to suit different trading needs. The availability of the popular MT5 trading platform and educational resources further enhance the trading experience.
However, there are areas that could be improved, such as expanding the range of payment methods and making trading condition more transparent. Traders should carefully assess these factors and consider their individual requirements before choosing 3angleFX as their preferred broker.
Q 1: | Is 3angleFX regulated? |
A 1: | Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC, License No. 384/20). |
Q 2: | Does 3angleFX offer demo accounts? |
A 2: | Yes. |
Q 3: | Does 3angleFX offer the industry leading MT4 & MT5? |
A 3: | Yes. It supports MT5. |
Q 4: | What is the minimum deposit for 3angleFX? |
A 4: | The minimum initial deposit to open an account is $/€100. |
Q 5: | Is 3angleFX a good broker for beginners? |
A 5: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments on the leading MT5 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |