TradelandFX

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.

Pros and Cons

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.

WikiFX Field Survey

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

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.

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.

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.

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.

Copy Trading

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

Deposit and Withdrawal

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