The six live trading accounts at 31FX are designed with different types of investors in mind, and operate in a true ECN marketplace. Based on the size of the opening balance, accounts provide more access to tools, information and resources. Nevertheless, all account holders are assigned an account manager and receive an introduction to the 31FX trading platform and the tutorial videos. Significantly, all trading accounts feature negative balance protection, ensuring that traders can’t lose more money than is deposited in their trading accounts. 24/7 support and a trading suite seminar are available to all 31FX customers irrespective of account type.
31FX Cryptocurrency Trading
Clients can trade in a broad range of top cryptocurrencies such as Bitcoin, Ethereum, Ripple and Dash, on the cTrader platform. Trading in cryptocurrency pairs is offered with up to 1:20 leverage, zero commissions, variable spreads from 0.0 pip and competitive swap rates. Importantly, cryptocurrency traders trade only on the price changes of the digital currencies, with the help of live quotes and charts, and do not purchase the underlying crypto assets. Moreover, all cryptocurrency pairs can be shorted, which means that traders can profit from falling as well as rising prices.
31FX Basic Account Features
- 500 Euros minimum first deposit
- Basic financial market education
- One-on-one trading sessions for one month
- Hedging permitted
- Maximum leverage 1:100
- Variable spreads from 0.1 pip
- Basic financial portfolio structuring
31FX Bronze Account Features
- 5,000 Euros minimum first deposit
- Beginner financial market education
- One-on-one trading sessions for 2 months
- Hedging permitted
- Variable spreads from 0.1 pip
- Maximum leverage 1:100
- Basic Financial portfolio structuring
31FX Silver Account Features
- 25,000 Euros initial deposit
- Zero management fees
- Intermediate financial market education
- One-on-one trading sessions for 3 months
- Hedging permitted
- Variable spreads from 0.1 pip
- Maximum leverage 1:200
- Extensive financial portfolio structuring
31FX Gold Account Features
- 50,000 Euros initial deposit
- Zero management fees
- Tutorial on short, long and swing trade analysis
- Advanced financial market education
- One-on-one trading sessions for 4 months
- Variable spreads from 0.01 pip
- Maximum leverage 1:400
- Extensive financial portfolio structuring
- Hedging permitted
31FX Platinum Account Features
- 100,000 Euros initial deposit
- Zero management fees
- Tutorial on long, short and swing trade analysis
- Expert financial market education
- Unlimited one-on-one trading sessions
- Variable spreads from 0.1 pip
- Maximum leverage 1:500
- Extensive portfolio structuring
- Hedging permitted
31FX Diamond Account Features
- 150,000 Euros minimum deposit
- Zero management fees
- VIP services
- Professional financial market education
- Unlimited one-on-one trading sessions
- Extensive portfolio structuring
- Maximum leverage 1:1000
- Tutorial on short, long and swing trade analysis
- Hedging permitted
31FX Education Opportunities
The educational resources provided to clients by 31FX are outstanding. As part of every account plan, clients receive one-on-one training about trading and financial market education. Additionally, the 31FX Academy accessible from the dashboard, comprises of an extensive knowledge base, video tutorial and a glossary of financial terms. Clients can access in-depth information about financial instruments and cryptocurrencies, as well as trading basics, including trading strategies and technical analysis. Moreover, traders are introduced to fundamental analysis using economic indicators such as interest rates and inflation. The 31FX Academy also includes a FAQs section with important information about trading with the broker, including the company’s withdrawal policy.