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TradelandFX

WikiFX | 2024-12-06 13:46

Abstract:Tradeland FX was registered in 2007 in South Africa, specializing in the forex, CFD, share, indice, energy, metal, and crypto markets. It uses MT4 as its trading platform, with a minimum deposit of $10 and a maximum leverage of 1:1000. However, its license is currently exceeded, and potential risks may exist.

Tradeland FXReview Summary
Founded2007
Registered Country/RegionSouth Africa
RegulationFSCA (Exceeded)
Market InstrumentsForex, CFD Shares, CFD Indices, Spot Energies, Spot Metals, and Cryptocurrencies
Demo Account✅
Islamic Account✅
LeverageUp to 1:1000
SpreadFrom 1.6 pips (Standard account)
Trading PlatformMT4
Copy Trading✅
Min Deposit$10
Customer Support24/7 live chat
Tel: +173283526
Email: support@tradelandfx.com
Social media: Facebook, Instagram, Twitter, TikTok, Linkedin
Address: 107 NOMBHELA DR EXT 5 PONONG VOSLOORUS ZA 1475

Tradeland FX was registered in 2007 in South Africa, specializing in the forex, CFD, share, indice, energy, metal, and crypto markets. It uses MT4 as its trading platform, with a minimum deposit of $10 and a maximum leverage of 1:1000. However, its license is currently exceeded, and potential risks may exist.

Tradeland FX's homepage

Pros and Cons

Pros Cons
Long operation timeExceeded FSCA license
Diverse tradable assetsNo physical office
Islamic accounts and demo accounts
Cent accounts offered
Multiple account types
Flexible leverage ratios
Commission-free accounts offered
MT4 provided
Copy trading provided
Low minimum deposit
Popular payment options
No deposit and withdrawal commission
24/7 live chat support

Is Tradeland FX Legit?

Tradeland FX was regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, but the license was exceeded. Moreover, its current status shows that activities such as client transferring and updating are prohibited. Therefore, please note the potential risks and consider carefully before investing.

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Financial Sector Conduct Authority (FSCA)ExceededSouth AfricaFinancial Service Corporate51303
Exceeded FSCA license
Domain information

WikiFX Field Survey

WikiFX field survey team visited Tradeland FX's regulatory address in South Africa, but we didn't find its physical office.

WikiFX Field Survey

What Can I Trade on Tradeland FX?

Tradeland FX offers a variety of products, including forex, CFD shares, CFD indices, spot energies, spot metals, and cryptocurrencies.

Tradable Instruments Supported
Forex✔
CFD Shares✔
Cryptocurrencies✔
CFD Indices✔
Spot Energies✔
Spot Metals✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on Tradeland FX?

Account Type/Fees

Tradeland FX provides 6 types of accounts, including Cent (Nano), Standard, ECN, ECN Pro, ECN VIP, and Pro VIP. Besides, Islamic accounts and demo accounts are also available.

Account TypeMin DepositMax LeverageSpreadCommission
Cent (Nano)$101:1000From 1.6 pips/
Standard $1001:500
ECN$500From 1.2 pips
ECN Pro$1,0001:200/From $4 to $6
ECN VIP$5,000From 0.2 pips$4
Pro VIP$20,000❌
Islamic
Account comparison

Leverage

For the 6 types of accounts mentioned above, the maximum leverage can be 1:1000. For different types of products, the leverage is flexible, ranging from 1:1 to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Leverage
Leverage

Trading Platform

Tradeland FX uses MT4 as its trading platform, a versatile and widely recognized trading solution introduced by MetaQuotes in 2005. While primarily associated with forex trading, MT4 also extends its capabilities to various markets, including cryptocurrencies, indices, and commodities, through Contracts for Difference (CFDs). This platform's popularity stems from its exceptional customization options, allowing traders to tailor it to their unique trading preferences.

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobileBeginners
MT5❌/Experienced traders
MT4

Copy Trading

Tradeland FX provides copy trading services. On its platform, customers can find some insights from top traders' experiences and their trading activities.

Copy Trading

Deposit and Withdrawal

Tradeland FX supports different types of payment options, and it does not charge any deposit/withdrawal fees.

Payment Options Accepted Currencies Fees Processing Time
MastercardUSD, IDR❌Instant
VISA
Paytrust88
Perfect Money
Skrill
Neteller
Deposit 1
Deposit 2
Withdrawal
LeverageBrokerDealer

Related broker

Unverified
TradelandFX
Company name:Tradeland SA (Pty) Ltd
Score
1.48
Website:http://tradelandfx.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun
Score
1.48

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