Zusammenfassung:Land-FX is an unregulated online forex broker that offers trading services on MT5, signal trader, and FIX API platforms. The maximum leverage offered by the broker is 1:200, which is a standard level for the industry. Land-FX provides various deposit and withdrawal methods, including bank wire transfer, Visa/Mastercard, Skrill, and Neteller. The company offers educational resources such as economic calendars, news, trading hours, and market research, and has customer service available 24/7 via email, phone, and social media.
Registered in | United Kingdom |
Regulated by | No effective regulation at this time |
Year(s) of establishment | 5-10 years |
Trading instruments | Forex, Commodities, indices |
Minimum Initial Deposit | $300 |
Maximum Leverage | 1:200 |
Minimum spread | Around 0.0 pips for EURUSD in trader account |
Trading platform | MT5, signal trader and FIX API |
Deposit and withdrawal method | VISA, MasterCard, bank wire transfer, Neteller and Skrill |
Customer Service | Email, phone number, address, live chat |
Fraud Complaints Exposure | Yes |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros:
Offers a wide range of trading instruments, including forex, commodities, and indices.
Provides access to various trading platforms such as MT5, allowing traders to choose a platform that suits their needs.
Offers competitive spreads and leverage up to 1:200.
Provides a variety of payment methods for deposit and withdrawal, including credit/debit cards, bank wire transfer, Neteller, and Skrill.
Offers a comprehensive set of educational resources, such as an economic calendar, news, trading hours, and market research.
Provides customer support in multiple languages via email and phone during weekdays and social media.
Cons:
Limited customer support availability during weekends.
The maximum leverage of 1:200 may not be suitable for traders seeking higher leverage.
The range of payment methods is relatively narrow compared to some other brokers in the market.
The company is not regulated by major financial authorities such as FCA, ASIC, or CySEC, which could be a concern for some traders.
Advantages | Disadvantages |
LAND-FX offers tight spreads and fast execution due to its Market Making model. | As a counterparty to its clients' trades, LAND-FX has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients. |
LAND-FX is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, LAND-FX acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that LAND-FX has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with LAND-FX or any other MM broker.
Land-FX is an unregulated online forex broker that offers trading services on MT5, signal trader, and FIX API platforms. The maximum leverage offered by the broker is 1:200, which is a standard level for the industry. Land-FX provides various deposit and withdrawal methods, including bank wire transfer, Visa/Mastercard, Skrill, and Neteller. The company offers educational resources such as economic calendars, news, trading hours, and market research, and has customer service available 24/7 via email, phone, and social media.
In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.
Advantages | Disadvantages |
Access to a wide range of markets including forex, commodities, and indices | Limited selection of cryptocurrencies |
Suitable for both beginners and experienced traders | No access to stock trading |
Opportunity for portfolio diversification | Limited number of exotic currency pairs available |
Land-FX offers clients access to a variety of markets, including forex, commodities, and indices. This makes it a versatile platform that caters to the needs of both novice and experienced traders. With a wide range of markets available, clients have the opportunity to diversify their portfolios and potentially increase their returns. However, the selection of cryptocurrencies is limited and there is no access to stock trading on this platform. Additionally, while Land-FX does offer a variety of currency pairs, the selection of exotic currency pairs is limited. Nonetheless, with a range of markets available, clients can find what they want to trade on Land-FX.
Advantages | Disadvantages |
Low spreads on major currency pairs | High spreads on minor and exotic pairs |
Transparent and detailed fee table | High swap rates on certain positions |
Land-FX offers competitive spreads on major currency pairs, making it an attractive choice for forex traders. The broker provides a transparent and detailed fee table, which allows traders to easily understand the costs associated with trading on the platform. Additionally, Land-FX does not charge deposit or withdrawal fees, which is a plus for traders. However, the broker's spreads on minor and exotic pairs can be high, making it less favorable for traders looking to trade these markets. Overall, while Land-FX's fee structure has its advantages, it also has some drawbacks that traders should consider before opening an account.
Advantages | Disadvantages |
Offers multiple account types | Lack of detailed information |
Minimum deposit requirement of 300 USD | Lack of transparency |
Variety of trading options for different clients | Limited customization options |
Land-FX offers three different account types for their clients, which cater to different trading styles and preferences. The Trader account is suitable for beginners or those who prefer fixed spreads. The ECN account is for advanced traders who prefer variable spreads and faster execution speeds. Finally, the VIP account is for high volume traders who require personalized services and prefer tighter spreads. However, the website does not provide much detailed information about the accounts and their features. Additionally, the lack of transparency may be a concern for some clients who value transparency and open communication with their broker. Nonetheless, the minimum deposit requirement of 300 USD is relatively low and allows more traders to access the platform.
Advantages | Disadvantages |
Multiple platforms | Limited platform customization |
User-friendly | No proprietary platform |
Advanced charting | No mobile platform for Signal Trader |
Wide range of tools | Limited third-party platform integration |
Land-FX offers a variety of trading platforms including MT5, Signal Trader and FIX API. MT5 is a popular and advanced platform used by traders worldwide, offering various charting tools and indicators. Signal Trader allows traders to copy trades from other traders, while FIX API is a powerful tool for institutional and professional traders. All platforms offered by Land-FX are user-friendly and provide advanced charting features with a wide range of tools. However, platform customization is limited, and there is no proprietary platform, and Signal Trader does not have a mobile app. The integration with third-party platforms is also limited.
STEP 01 | Download the MT5 Terminal MT5 Download |
STEP 02 | Install (Run) the Land-fx.exe file after the download has completed |
STEP 03 | After launching the MT5 File program for the first time, you can see the Land-fx logo in screen |
STEP 04 | Enter your Live or Demo account MT5 number and password |
Advantages | Disadvantages |
Lower risk exposure compared to brokers offering higher leverage | May not be suitable for traders seeking high-risk high-reward trading opportunities |
Lower margin requirements, allowing traders to trade larger positions with less capital | Less potential for large profits due to smaller leverage |
Encourages responsible trading practices by limiting excessive leverage use | Limits potential profits for experienced traders who may wish to use higher leverage |
May be more attractive to novice traders who are still learning how to manage risk in their trades | May not be suitable for advanced traders seeking more advanced trading strategies that require higher leverage |
Land-FX's maximum leverage of 1:200 is in line with industry standards and is suitable for most traders. While some brokers may offer higher leverage, this often comes with increased risk exposure and margin requirements. Additionally, Land-FX's leverage limitation encourages responsible trading practices, which can benefit novice traders who are still learning to manage risk in their trades. However, experienced traders seeking high-risk, high-reward trading opportunities may find the lower leverage limiting their profit potential. Overall, Land-FX's maximum leverage dimension strikes a good balance between risk exposure and opportunity for profit.
Actual Required Margin would change by Leverage Level
Leverage | Amount Traded | Required Margin |
1:1 | $100,000 | $100,000 |
50:1 | $100,000 | $20,000 |
100:1 | $100,000 | $1,000 |
200:1 | $100,000 | $500 |
Advantages | Disadvantages |
Multiple payment methods including VISA, MasterCard, bank wire transfer, Neteller and Skrill | No information provided about any possible deposit or withdrawal fees |
Detailed form provided with important information such as currency, payment method, minimum amount, arrival date, and fees | The minimum deposit amount for Neteller and Skrill is quite high at USD $1,000 |
Quick deposit time for Neteller and Skrill, both within 1-2 hours | The withdrawal time for Visa/MasterCard is relatively slow, taking 4 to 7 business days depending on the provider |
Bank wire transfer is available for unlimited maximum deposit | No information is provided on the maximum withdrawal amount or any restrictions on withdrawals |
Land-FX's deposit and withdrawal options are generally favorable, with multiple payment methods available and a detailed form provided to ensure transparency and convenience. However, the high minimum deposit amounts for Neteller and Skrill may be a drawback for some traders. It is also important to note that there is no information provided about any potential deposit or withdrawal fees. Despite this, the quick deposit times for Neteller and Skrill are a plus. Overall, the range of deposit and withdrawal methods available and the transparency provided by the detailed form are notable advantages of Land-FX's deposit and withdrawal process.
Methods | Deposit Time | Min. Deposit | Max. Deposit | Base Currency |
Bank wire transfer | 1~2 Days | USD $300 | Unlimited | GBP, USD, EUR |
Neteller | 1~2 Hours | USD $1,000 | USD $10,000 | GBP, USD, EUR |
Skrill | 1~2 Hours | USD $1,000 | USD $10,000 | GBP, USD, EUR |
Methods | Withdrawal Time | Description |
Visa/MasterCard | 4 to 7 business days depending on your Credit Card provider | Payment by credit/debit card is a simple and secure way to make a deposit/Withdrawals to your trading account. |
Bank wire transfer | Processed by us within 1~2 working days. | This is a direct transfer of funds between bank accounts. Bank Transfer allows you to deposit in your local currency, the funds will be converted by the beneficiary bank to the currency that you have chosen upon making your deposit. |
Neteller | Processed by us within 1~2 working days. | NETELLER offers a flexible online payment account and e-wallet, you can instantly deposit/withdraw money from your trading account or transfer money online to friends and family across the globe. |
Skrill | Processed by us within 1~2 working days | Skrill is one of the most popular and easy ways to deposit/withdraw money from your trading account. |
STEP01 | Website Login Log in to the Members Area and click on the Withdraw button |
STEP02 | Select the option Select your option from the table |
STEP03 | Enter the Amount Enter the amount you wish to withdraw and submit the request |
STEP04 | Check MT5 & Email The requested amount will be deducted from your trading account. You will receive an email “Land-FX Approval of Withdrawal Request”. |
Advantages | Disadvantages |
Provides an economic calendar with important upcoming events | No specific courses or tutorials for beginners |
Provides market news and analysis | Limited variety of educational resources |
Offers information about trading hours and sessions | Not as extensive as some other brokers' educational resources |
Good for experienced traders who want to stay informed |
Overall, Land-FX provides a good selection of basic educational resources for traders, such as an economic calendar, news, trading hours and market research. However, the resources are limited compared to some other brokers, and there are no specific courses or tutorials for beginners. Nonetheless, these resources are still useful for experienced traders who want to stay informed about market events and trends.
Advantages | Disadvantages |
Multilingual support | Phone support not available on weekends |
24/7 availability for most services | Limited social media presence |
Email inquiries are responded within 24 hours | No alternative communication methods (e.g. live chat) |
Dedicated phone number for customer support | No information on the expertise of the customer service team |
Land-FX offers a range of customer care services to cater to the needs of their clients. One of the advantages of their customer care dimension is that they provide multilingual support in a wide range of languages, making it easier for non-native English speakers to receive support. Additionally, their customer care services are available 24/7 for most services, providing flexibility to traders in different time zones. Email inquiries are usually responded to within 24 hours, which is a reasonable time frame for most inquiries. The dedicated phone number for customer support is also an advantage as clients can get immediate help if they need it. However, one disadvantage is that phone support is not available on weekends, which may inconvenience some clients. Another disadvantage is that there is no alternative communication method, such as live chat, available. Moreover, the social media presence of Land-FX is limited to Facebook only, which may not be enough for clients who prefer to use other social media platforms. Finally, there is no information available about the expertise of the customer service team, which may be a concern for some clients.
In conclusion, Land-FX is an online forex and CFD broker that offers multiple financial instruments, including Forex, indices, commodities, with several trading platforms. The company provides a user-friendly trading environment, free educational resources, and customer support in various languages. Although the company is not regulated, it claims to maintain a secure and transparent trading environment, and its clients' funds are stored in segregated accounts. Land-FX provides competitive trading conditions, such as low spreads, high leverage, and various deposit and withdrawal methods. However, the lack of regulation may raise concerns for some traders, and the absence of some popular trading platforms may limit the options for some users. Overall, Land-FX can be a suitable option for traders who prioritize low trading costs, a wide range of financial instruments, and customer support in various languages.
Question: Is Land-FX a regulated broker?
Answer: No, Land-FX is an unregulated broker.
Question: What trading platforms does Land-FX offer?
Answer: Land-FX offers the MT5, Signal Trader, and FIX API trading platforms.
Question: What is the maximum leverage offered by Land-FX?
Answer: The maximum leverage offered by Land-FX is 1:200.
Question: What is the minimum deposit required to open an account with Land-FX?
Answer: The minimum deposit required to open an account with Land-FX is $300.
Question: What payment methods does Land-FX support?
Answer: Land-FX supports VISA, MasterCard, bank wire transfer, Neteller, and Skrill as payment methods.
Question: What is the customer support availability at Land-FX?
Answer: Land-FX offers 24/7 customer support through email, phone, and social media, with support available in various languages.
Question: Does Land-FX offer any educational resources for traders?
Answer: Yes, Land-FX offers an economic calendar, news, trading hours, and market research as educational resources for traders.