Score

1.14 /10
Danger

Forward Land Global Ltd

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index4.17

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Forward Land Global Ltd · Company summary
Aspect Information
Company Name Forward Land Global Ltd
Registered Country/Area United States
Founded Year 2023
Regulation Unauthorized(NFA)
Products & Services Forex,Gold,Cryptocurrencies,Crude oil and commodities trading
Demo Account Available
Trading Platform Integrated CFD trading platform
Customer Support Email:support@forwardlandglobal.com

Overview of Forward Land Global Ltd

Forward Land Global Ltd, established in 2023 and based in the United States, is an unregulated company offering a variety of trading services in Forex, gold, cryptocurrencies, crude oil, and other commodities.

Despite its lack of authorization from the NFA, it provides an integrated CFD trading platform and supports its clients with a demo account option. Customers can reach out to the company's support team via the provided email address, support@forwardlandglobal.com, for any assistance or inquiries.

Is Forward Land Global Ltd Legit?

Forward Land Global Ltd operates under a Common Financial Service License, with the license number 0562016, in the United States.

However, it is currently unauthorized by the National Futures Association (NFA), a critical regulatory body in the U.S. financial sector.

Is Forward Land Global Ltd Legit or a Scam?

Pros and Cons

Pros Cons
Diverse Trading Options Regulatory Concerns
Competitive Transaction Costs Risk of CFD Trading
Comprehensive Customer Service Lack of Transparency
Global Presence Potential for Loss
Trading Platform and Tools Limited Information on Financial Health

Pros:

  1. Diverse Trading Options: Forward Land Global Ltd offers a broad range of trading options, including CFDs on Forex, stocks, indices, commodities, Bitcoin, metals, and energy, all accessible from a single trading account.

  2. Competitive Transaction Costs: The company promotes lower transaction costs with competitive spreads and dynamic financing leverage, aimed at maximizing trading returns for its clients.

  3. Comprehensive Customer Service: They provide multi-channel, 24/7 customer support with a focus on localized, professional assistance to address any client inquiries.

  4. Global Presence: Serving clients in over 150 countries with a network of offices across various continents, Forward Land Global Ltd boasts a significant global footprint.

  5. Trading Platform and Tools: The company offers a highly recognized and user-friendly online trading platform, equipped with powerful chart analysis tools and technical indicators, enhancing the trading experience.

Cons:

  1. Regulatory Concerns: Despite claiming to hold a US NFA license, there are previous indications of the company being unauthorized by the NFA, which raises concerns about its regulatory compliance and the safety of client funds.

  2. Risk of CFD Trading: Trading CFDs involves a high level of risk, which might not be suitable for all investors, particularly those without sufficient experience or risk tolerance.

  3. Lack of Transparency: While the company asserts transparency and fairness, the discrepancy in its regulatory status might undermine its credibility and trustworthiness.

  4. Potential for Loss: As with any trading, there is a significant risk of losing investment, especially in volatile markets or if the investor does not have a clear understanding of the trading products and risks involved.

  5. Limited Information on Financial Health: There is limited public information on the financial health and operational stability of Forward Land Global Ltd, which could be a concern for potential clients regarding the company's long-term reliability.

Products & Services

Forward Land Global Ltd provides a variety of market instruments for trading, satisfying different investor preferences and strategies. Here are the key market instruments they offer:

  1. Forex: They provide access to the world's largest forex trading market, allowing trading in currency pairs with competitive spreads and quality trade execution. Trading is available 24 hours a day, 5 days a week.

  2. Cryptocurrency: The platform offers trading in cryptocurrency contracts for difference (CFDs), allowing clients to trade without a crypto wallet and benefit from the ability to go long or short on cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash against various fiat currencies.

Products & Services
  1. Gold: Investors can engage in gold margin trading, which includes gold spot margin trading and gold futures margin trading. The platform uses the symbol XAU for trading in gold, offering a way to hedge risks, especially during market turbulence.

  2. Crude Oil and Commodities Trading: Forward Land Global Ltd allows trading in OTC crude oil and commodities with low spreads and high-quality trade execution. Clients can trade in commodities like non-ferrous metals, steel, agricultural products, iron ore, coal, etc., with the ability to go long or short.

  3. Stocks and Indices: While not explicitly mentioned in the provided text, it is common for platforms like Forward Land Global Ltd to offer trading in stocks and indices, given their comprehensive range of trading products.

Products & Services

How to Open an Account?

To open an account with Forward Land Global Ltd and start trading, you can follow these four simple steps:

  1. To Open an Account: Begin by visiting the Forward Land Global Ltd website and completing the account registration process. This typically involves providing personal information, choosing the type of trading account you wish to open, and agreeing to the company's terms and conditions. This step is designed to be quick, taking approximately 4 minutes.

  2. Upload Your Files: After registering, you will need to verify your identity and residency. This process usually requires uploading documents such as a government-issued ID (passport, driver's license) and a utility bill or bank statement to prove your residence. This step is crucial for compliance with financial regulations and to ensure the security of your account.

  3. Inject Capital into Your Account: Once your details are verified, the next step is to fund your account. Forward Land Global Ltd offers various payment methods for depositing capital into your account. Choose the one that's most convenient for you and follow the instructions to complete your deposit.

  4. Start Trading: With your account set up and funded, you're ready to start trading. Forward Land Global Ltd provides access to a range of financial instruments, including stocks, commodities, foreign exchange, indices, ETFs, and cryptocurrencies. Select the market that aligns with your investment goals and start trading.

How to Open an Account?

Trading Platform

Forward Land Global Ltd offers an integrated CFD trading platform that supports trading in multiple asset classes, providing a versatile and comprehensive trading experience. Here are the key features of the trading platform:

  1. Multi-Asset Trading: The platform allows trading in various asset classes, including Forex, equities, equity indices, commodities, cryptocurrencies, and synthetic indices. This variety enables traders to diversify their portfolios and access a wide range of markets from a single platform.

  2. Innovative Trade Types: Forward Land Global Ltd's platform offers exclusive access to innovative trade types, enhancing the trading experience for both new and existing traders. These unique trade options add flexibility and more strategic possibilities for users.

  3. 24/7 Trading: Traders can engage in trading around the clock, even on weekends, especially on the platform's proprietary composite index. This feature is particularly beneficial for those looking to trade in markets or assets that operate beyond traditional trading hours.

  4. User-Friendly Interface: The platform is designed to be user-friendly, allowing traders to navigate and execute trades efficiently. This accessibility helps both novice and experienced traders to use the platform effectively.

  5. Mobile Compatibility: Forward Land Global Ltd provides downloadable applications for iOS and Android devices, enabling traders to access their accounts and trade on the go. This mobile compatibility ensures that users can stay connected to the markets and their trading accounts anytime, anywhere.

  6. Regulated Environment: The platform operates in a licensed and regulated environment, instilling trust and confidence among traders. This regulatory oversight ensures that the platform adheres to industry standards and provides a secure trading environment.

Trading Platform

Customer Support

Forward Land Global Ltd offers customer support to its clients via email. Clients can reach out to the company for assistance, inquiries, or support related to their trading accounts or the platform's services by emailing support@forwardlandglobal.com.

This provides a direct channel for communication, ensuring that customers can receive help and have their questions addressed in a timely and efficient manner.

Customer Support

Conclusion

Forward Land Global Ltd is a versatile trading platform offering a wide array of financial instruments, including Forex, equities, equity indices, commodities, cryptocurrencies, and synthetic indices.

The platform is designed to attract both new and seasoned traders, providing 24/7 trading capabilities, a user-friendly interface, and mobile compatibility.

FAQs

Q: What types of assets can I trade with Forward Land Global Ltd?

A: You can trade Forex, equities, equity indices, commodities, cryptocurrencies, and synthetic indices on Forward Land Global Ltd's platform.

Q: Is Forward Land Global Ltd available for trading on mobile devices?

A: Yes, Forward Land Global Ltd provides downloadable apps for both iOS and Android devices, allowing mobile trading.

Q: How do I open an account with Forward Land Global Ltd?

A: To open an account, simply visit their website, fill out the registration form, upload the necessary verification documents, inject capital into your account, and you can start trading.

Q: Can I trade cryptocurrencies on Forward Land Global Ltd?

A: Yes, you can trade various cryptocurrency CFDs,like BTC,ETH and LTC on the Forward Land Global Ltd platform.

Q: Does Forward Land Global Ltd offer customer support?

A: Yes, Forward Land Global Ltd provides customer support through email at support@forwardlandglobal.com, where clients can get assistance and answers to their queries.

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Laterbit
more than one year
Very good broker seldom have any problems just that sometimes on New York sessions I cannot connect to my broker Via tradingview on my laptop. At least C-Trader on the phone is always accessible.
Very good broker seldom have any problems just that sometimes on New York sessions I cannot connect to my broker Via tradingview on my laptop. At least C-Trader on the phone is always accessible.
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2024-07-03 18:44
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Yuk Chukwueze
more than one year
Deposit and withdrawal are good. 👍👍👍
Deposit and withdrawal are good. 👍👍👍
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2024-05-17 09:59
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