Abstract:This Land-FX is a fake one, with no valid regulatory information. The UK FCA regulatory (license number: 709866) claimed by this broker is a suspicious clone, please be aware of the risk!
General Information & Regulation
This Land-FX is a fake one, with no valid regulatory information. The UK FCA regulatory (license number: 709866) claimed by this broker is a suspicious clone, please be aware of the risk!
Market Instruments
Land-FX Offers over 60 tradeable foreign exchange markets, CFDs including Spot Metals, Spot Oils, Indices and Commodities.
Minimum Deposit
This Land-FX shows two trading accounts on its website: standard and ECN accounts. The minimum deposit to start a basic account is $300.
Leverage
The maximum trading leverage offered by this broker is quite high, reaching up to 1:500 for forex trading. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Risks
Since this Land-fx is a fake broker. What displays on its website is untrustworthy, and traders should learn to distinguish and stay away from this broker.