Is 31FX Scam or Legit Broker?

31FX is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade 31FX. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable.

  • The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such a companies means the trader will believe only on the broker’s words, and of course, it is a high risk.

About 31FX
🗺️ Registered inBritish Virgin Islands
🗺️ Type of LicenseOffshore License
🛡️ Is 31FX safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is 31FX?

31FX is a Forex and CFD broker. The company is owned and operated by JRV Market Ltd. with a registered address in the British Virgin Islands and does not have a license to operate as a forex and CFD broker.

  • In its terms and conditions, the firm states to be a registered financial services company in the United Kingdom. However, we didn't find any records of the company in the Register of the UK's regulator FCA (Financial Conduct Authority). Despite this fact, 31FX provides a British registration address and contact phone number.
  • It is clear that 31FX is not regulated by any of the reputable authorities and is probably functioning from the offshore zone. Offshore-based unregulated brokers are not obliged to follow any rules and most often than not are involved in scams.

31FX - official website
31FX  Review Conclusion

We highly recommend trading with brokers holding a license from respected financial institutions such as the Financial Conduct Authority (FCA) in the UK, CySEC in Cyprus, and the Australian Securities and Investment Commission (ASIC) as they are obliged to follow strict financial and ethical rules. Here you can check our list of brokers, licensed by the FCA. Trade only with trustworthy brokers, such as BDSwiss and FBS.


31FX Update

Our research showed that the 31FX website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations. 

No news available.

One response to “31FX”

  1. I’m one of the victims of 31fx.
    If you have any information how I should deal with the situation, could you share it with me?
    To withdraw the profit of my investment, I paid taxes and operation fee to 31fx.
    However, event though the wire-transfer of the profit was approved in my account page in their web site, no money was transferred to my bank account.
    Now they don’t reply to my email and don’t pick up my phone call.
    I would like to ask someone for help.

    Best regards,

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