3ANGLE FX

3ANGLE FX is a retail forex broker registered in Cyprus, established on 15 May 2023. The broker operates under the domain crm.3angiefx.com but does not appear to hold any form of regulatory licence from a recognised authority. This absence of regulation is a critical concern for traders seeking protection under supervisory frameworks.

The broker offers three account tiers—VIP, Standard, and MINI—each providing a maximum leverage of 1:400. However, no minimum deposit requirements or specific instruments are disclosed for these accounts. The lack of transparency regarding tradable assets, such as currency pairs, commodities, or indices, makes it difficult for potential clients to assess the broker’s offerings.

Our review could not identify any regulatory licence for 3ANGLE FX from any major financial authority, including CySEC (Cyprus), FCA (UK), or ASIC (Australia). Registration in Cyprus does not automatically imply regulation by CySEC, and the broker does not appear on the CySEC register of authorised firms. This means traders have no access to compensation schemes or dispute resolution mechanisms.

The absence of regulatory oversight significantly increases the risk of fraud, mismanagement of funds, or unfair trading practices. For any broker, a clean regulatory record is a basic requirement for trust; 3ANGLE FX fails to meet this standard.

3ANGLE FX lists three account types: VIP, Standard, and MINI. All three offer a maximum leverage of 1:400, which is relatively high and typical of unregulated brokers. The broker does not specify minimum deposit amounts, spreads, commissions, or any other cost information. This opacity prevents traders from comparing conditions with regulated competitors.

The lack of detail may indicate that account conditions are negotiable or vary arbitrarily, which is a red flag. Without clear terms, clients cannot make informed decisions about the cost of trading or the risks involved.

The broker has not disclosed the range of tradable instruments. It is unclear whether it offers forex pairs, CFDs on indices, commodities, cryptocurrencies, or any other asset classes. Similarly, no information is provided about trading platforms (e.g., MetaTrader 4/5, cTrader, or proprietary software) or execution methods.

This complete lack of information suggests that the broker either has a very limited product range or is not fully operational. In either case, traders cannot assess whether the broker meets their trading needs.

FXCanary’s Scam Risk Score for 3ANGLE FX is 85 out of 100, classified as 'Severe'. This high score is driven primarily by the complete absence of regulation, coupled with a lack of transparency about ownership, instruments, and trading conditions. The broker was founded only recently (2023), which adds to the uncertainty.

Traders should exercise extreme caution. The combination of high leverage, no regulatory oversight, and limited public information creates a high-risk environment. Funds deposited with an unregulated broker are not protected, and withdrawal issues are common in such setups.