摘要:31FX, a UK-based broker since 2019, provides Forex and CFD trading with various accounts, offering leverage as high as 1:1000 and competitive spreads from 0.1 pip. Despite its attractive trading conditions, the absence of regulation poses risks, and high deposit thresholds along with inactivity fees could deter potential clients. Educational materials are offered online, mainly focusing on trading strategies and platform usage.
Aspect | Information |
Company Name | 31FX |
Registered Country | United Kingdom |
Founded Year | 2019 |
Regulation | No Regulation |
Tradable Assets | Forex and CFDs |
Account Types | Basic, Bronze, Silver, Gold, Platinum, Diamond |
Minimum Deposit | Ranges from €500 (Basic) to €150,000 (Diamond) |
Maximum Leverage | Ranges from 1:100 (Basic, Bronze) to 1:1000 (Diamond) |
Spreads | Starting from 0.1 pip |
Trading Platforms | Web and Mobile Platform |
Demo Account | Available |
Customer Support | Contact number: +442080898655, Email: support@31fx.co |
Deposit & Withdrawal | Bank Transfer, Credit/Debit Card |
Educational Resources | YouTube videos |
31FX, a UK-based Forex and CFD broker, commenced its operations in 2019. Although the broker has rapidly garnered a global presence, its lack of regulatory status underscores potential risks. It offers various account options, including Basic, Bronze, Silver, Gold, Platinum, and Diamond, with varying leverages and minimum deposit requirements starting at €500. Notable for its low spreads, beginning at just 0.1 pip, 31FX also supports EAs, facilitating automated trading. The brokers trading platforms are accessible via web and mobile, providing traders with flexibility and convenience. Customer support is a priority, with multiple contact methods such as phone and email. Additionally, 31FX provides educational resources like YouTube tutorials and courses on cTrader, underscoring its commitment to nurturing its clients' trading knowledge and skills.
31FX's global presence, serving clients across over 100 countries, underscores its international appeal. The broker's various account spectrum, ranging from Basic to Diamond, is created to meet various trader needs, featuring competitive spreads from 0.1 pip and high leverage up to 1:1000 in the Diamond account. Additionally, all accounts support Expert Advisors, enhancing opportunities for automated trading.
Conversely, 31FX's lack of regulation poses risks regarding client fund security and fair trading. The broad range of minimum deposits, from €500 to €150000, may affect accessibility for some traders. The broker also charges fees for account inactivity and offers limited deposit and withdrawal methods. These factors are critical considerations for those evaluating 31FX as their trading partner.
Pros | Cons |
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31FX does not hold any regulatory status. The absence of oversight by a financial regulatory authority can be a significant concern for traders, as regulatory bodies typically enforce strict standards for financial stability, transparency, and client fund protection. Trading with an unregulated broker like 31FX might entail increased risks, including less protection from malpractices or financial discrepancies.
31FX, appealing to global clients as a Forex and CFD broker, offers a comprehensive array of market instruments that align with industry standards. In Forex trading, clients have access to major currency pairs such as EUR/USD and GBP/USD, along with a various selection of minor and exotic pairs, reflecting the global nature and high liquidity of the Forex market.
For CFD trading, 31FX allows trading in key global indices like the Dow Jones, NASDAQ, and FTSE 100, offering traders the chance to speculate on market trends. Commodity CFDs, including gold, silver, oil, and natural gas, are also expected, providing opportunities in these dynamic markets. Additionally, stock CFDs from major global companies are likely to be part of the offering, enabling traders to engage with the stock market through speculative positions.
This broker offers six distinctive trading accounts:
Basic Account:
Maximum Leverage: 1:100
Minimum Deposit: €500
Minimum Spread: 0.1 pip
Supported EA: Yes
Commissions: $12 per lot
Bronze Account:
Maximum Leverage: 1:100
Minimum Deposit: €5,000
Minimum Spread: 0.1 pip
Supported EA: Yes
Commissions: $10 per lot
Silver Account:
Maximum Leverage: 1:200
Minimum Deposit: €25,000
Minimum Spread: 0.1 pip
Supported EA: Yes
Commissions: $6 per lot
Gold Account:
Maximum Leverage: 1:400
Minimum Deposit: €50,000
Minimum Spread: 0.1 pip
Supported EA: Yes
Commissions: $2 per lot
Platinum Account:
Maximum Leverage: 1:500
Minimum Deposit: €100,000
Minimum Spread: 0.1 pip
Supported EA: Yes
Commissions: None
Diamond Account:
Maximum Leverage: 1:1000
Minimum Deposit: €150,000
Minimum Spread: 0.1 pip
Supported EA: Yes
Commissions: None
Account Type | Maximum Leverage | Minimum Deposit | Minimum Spread | Supported EA | Commissions |
Basic | 1:100 | €500 | 0.1 pip | Yes | $12 per lot |
Bronze | 1:100 | €5,000 | 0.1 pip | Yes | $10 per lot |
Silver | 1:200 | €25,000 | 0.1 pip | Yes | $6 per lot |
Gold | 1:400 | €50,000 | 0.1 pip | Yes | $2 per lot |
Platinum | 1:500 | €100,000 | 0.1 pip | Yes | None |
Diamond | 1:1000 | €150,000 | 0.1 pip | Yes | None |
Visit the Official Website: Begin by navigating to the 31FX website.
Registration Form: Locate and complete the registration form. This will typically require providing personal details such as your name, email address, phone number, and country of residence.
Account Type Selection: Choose the type of account you wish to open from the available options (Basic, Bronze, Silver, Gold, Platinum, Diamond), each with different features and requirements.
Verification Process: Submit necessary documents for identity verification. This is a standard procedure in the Forex industry, aiming to ensure security and comply with anti-money laundering regulations.
Initial Deposit: After your account is verified, proceed to make the initial deposit. The minimum deposit varies depending on the account type chosen, starting from €500 for the Basic account.
Platform Access: Once the deposit is confirmed, you will gain access to the trading platform, where you can begin your trading activities.
Optional - Demo Account: If you are new to Forex trading, consider practicing with a demo account first. This allows you to familiarize yourself with the platform and trading strategies without risking real money.
31FX provides a variety of leverage options across its account types:
Basic and Bronze Accounts: Offer a maximum leverage of 1:100, suitable for conservative trading approaches.
Silver Account: Comes with a higher leverage of 1:200, allowing for more aggressive trading strategies.
Gold Account: Provides leverage up to 1:400, meeting the needs of more experienced traders.
Platinum Account: Offers a leverage of 1:500, for those seeking higher trading exposure.
Diamond Account: Features the highest leverage of 1:1000, aimed at very experienced traders.
Account Type | Maximum Leverage | Description |
Basic | 1:100 | Suitable for conservative trading approaches |
Bronze | 1:100 | Suitable for conservative trading approaches |
Silver | 1:200 | Allows for more aggressive trading strategies |
Gold | 1:400 | Appealing to more experienced traders |
Platinum | 1:500 | For those seeking higher trading exposure |
Diamond | 1:1000 | Aimed at very experienced traders |
31FX, a Forex and CFD broker, offers a range of account types, each with specific spreads and commissions. The broker has created its account structure to attend to different traders, from beginners to experienced professionals.
Basic Account:
Minimum Spread: 0.1 pip
Commissions: $12 per lot
Bronze Account:
Minimum Spread: 0.1 pip
Commissions: $10 per lot
Silver Account:
Minimum Spread: 0.1 pip
Commissions: $6 per lot
Gold Account:
Minimum Spread: 0.1 pip
Commissions: $2 per lot
Platinum Account:
Minimum Spread: 0.1 pip
Commissions: None
Diamond Account:
Minimum Spread: 0.1 pip
Commissions: None
31FX's approach reflects a commitment to providing a range of options suitable for different trading styles and volumes. The tiered account system allows traders to select an account type that best aligns with their trading strategy and financial goals. The spread and commission structure of each account type is created to provide competitive pricing and efficient trading conditions.
Account Type | Minimum Spread | Commissions |
Basic | 0.1 pip | $12 per lot |
Bronze | 0.1 pip | $10 per lot |
Silver | 0.1 pip | $6 per lot |
Gold | 0.1 pip | $2 per lot |
Platinum | 0.1 pip | None |
Diamond | 0.1 pip | None |
31FX implements certain non-trading fees:
Inactive Fees:
31FX charges fees for accounts that remain inactive over a specified period. While the fees will change under different circumstances, such fees are common in the industry and are usually applied monthly after a certain period of inactivity.
Deposit and Withdrawal Fees:
The broker offers bank transfer and credit/debit card options for deposit and withdrawal.
Check if any fees are applicable for these transactions, as such fees can vary depending on the method used and the trader's location.
31FX offers a trading platform that is accessible through both web and mobile interfaces. This flexibility appeals to the varied needs and preferences of traders, allowing them to engage in trading activities from virtually any location and at any time. The key features of 31FX's trading platform are:
Web Platform:
The web platform of 31FX is created for ease of use and accessibility. It does not require any software downloads, making it convenient for traders to access their accounts and trade directly from their web browsers.
The platform includes a range of tools and features such as real-time charts, a variety of indicators, and analytical tools to help traders make informed decisions.
Mobile Platform:
The mobile platform allows traders to manage their accounts, execute trades, and monitor the markets on-the-go. It is compatible with both iOS and Android devices, ensuring a broad reach across different user preferences.
The mobile app includes essential functionalities like charting tools, market updates, and the ability to execute and manage trades efficiently.
Both the web and mobile platforms are created to provide a seamless and intuitive trading experience. The integration of advanced trading tools and real-time data within these platforms facilitates a comprehensive trading environment for 31FX clients.
31FX offers a range of account types to its clients, each with specific minimum deposit requirements. The Basic account has a minimum deposit of €500, making it accessible for traders starting with smaller capital. As the account tiers increase, so do the minimum deposit requirements, with the Bronze account requiring €5,000, the Silver account €25,000, the Gold account €50,000, the Platinum account €100,000, and the Diamond account €150,000. This tiered structure allows traders of different financial capabilities to choose an account that best suits their investment size and trading strategy.
For deposit and withdrawal methods, 31FX facilitates transactions through bank transfers and credit/debit cards. These methods are widely used and trusted in the financial industry, offering a balance of security and convenience for clients managing their funds.
31FX provides customer support to its clients via a contact number and email. Clients have the option to call the support team at +442080898655 for immediate assistance or send their queries to support@31fx.co for email support. This combination of communication channels provides clients with the flexibility to choose the method that best suits their needs, be it for resolving account-related issues, trading platform questions, or other brokerage services.
31FX offers educational resources primarily through its YouTube playlists, including a series d “Learn to Trade Forex with cTrader.” This approach reflects a modern and accessible method of delivering educational content, appealing to both beginners and more experienced traders.
“Learn to Trade Forex with cTrader” Series:
This specific series focuses on using the cTrader platform, which is popular among Forex traders.
It's created to help traders understand the functionalities and tools available on the cTrader platform, which can be particularly beneficial for those new to this trading platform or to Forex trading in general.
https://www.youtube.com/watch?v=iF_WHkjkYKI&list=PLYynA_j51BemcUYDhrazWxX9J_2M4UxZB
The educational offerings from 31FX, while focused on digital video content, provide an essential foundation for traders to develop their understanding of the Forex market and trading strategies. This modern approach to trader education, leveraging online video platforms, makes learning flexible and accessible for a broad audience.
31FX, established in 2019 and based in the UK, offers a mixed bag of features for Forex and CFD traders. Its strengths lie in a broad selection of account types and low spreads, starting at 0.1 pip, as well as offering high maximum leverage up to 1:1000 in its Diamond account, appealing to a various trading clientele. The broker facilitates automated trading with support for Expert Advisors across all accounts.
However, the absence of regulatory oversight casts a shadow on the broker's reliability, raising concerns about the safety of client funds and fairness in trading. Additionally, the broker's requirement for high minimum deposits, ranging extensively from €500 to €150000, may not be feasible for all traders. The presence of inactive fees and limited options for financial transactions further add to the caveats. Traders must weigh these pros and cons carefully when considering 31FX for their trading activities.
Q: What types of trading does 31FX offer?
A: 31FX specializes in Forex and CFD trading, offering a range of tradable assets in these categories.
Q: Is 31FX regulated?
A: No, 31FX does not hold any regulatory status, which can be a significant consideration for traders looking for regulatory protection and financial security.
Q: What are the account types available at 31FX?
A: 31FX provides a variety of account types including Basic, Bronze, Silver, Gold, Platinum, and Diamond, each with different minimum deposits and leverage options.
Q: What is the minimum deposit required to open an account with 31FX?
A: The minimum deposit varies by account type, starting from €500 for the Basic account and going up to €150000 for the Diamond account.
Q: What are the leverage options at 31FX?
A: Leverage at 31FX ranges from 1:100 in the Basic and Bronze accounts to 1:1000 in the Diamond account.
Q: Does 31FX charge any non-trading fees?
A: Yes, 31FX imposes fees for accounts that remain inactive over a certain period.
Q: Are there educational resources available at 31FX?
A: Yes, 31FX offers educational resources primarily through its YouTube channel, including tutorials and courses on trading and using the cTrader platform.
Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.
Additionally, the review's generation date is a critical consideration, as information may have evolved since then. Readers are strongly advised to verify updated details directly with the company before making any decisions, as the responsibility for utilizing the information herein rests solely with the reader.