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 | |
Founded | 2007 |
Registered Country/Region | South Africa |
Regulation | FSCA (Exceeded) |
Market Instruments | Forex, CFD Shares, CFD Indices, Spot Energies, Spot Metals, and Cryptocurrencies |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 1.6 pips (Standard account) |
Trading Platform | MT4 |
Copy Trading | ✅ |
Min Deposit | $10 |
Customer Support | 24/7 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.
Pros | Cons |
Long operation time | Exceeded FSCA license |
Diverse tradable assets | No 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 |
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 Authority | Current Status | Regulated Country | License Type | License No. |
Financial Sector Conduct Authority (FSCA) | Exceeded | South Africa | Financial Service Corporate | 51303 |
WikiFX field survey team visited Tradeland FX's regulatory address in South Africa, but we didn't find its physical office.
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 | ❌ |
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 Type | Min Deposit | Max Leverage | Spread | Commission |
Cent (Nano) | $10 | 1:1000 | From 1.6 pips | / |
Standard | $100 | 1:500 | ||
ECN | $500 | From 1.2 pips | ||
ECN Pro | $1,000 | 1:200 | / | From $4 to $6 |
ECN VIP | $5,000 | From 0.2 pips | $4 | |
Pro VIP | $20,000 | ❌ | ||
Islamic |
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.
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 Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | PC, web, mobile | Beginners |
MT5 | ❌ | / | Experienced traders |
Tradeland FX provides copy trading services. On its platform, customers can find some insights from top traders' experiences and their trading activities.
Tradeland FX supports different types of payment options, and it does not charge any deposit/withdrawal fees.
Payment Options | Accepted Currencies | Fees | Processing Time |
Mastercard | USD, IDR | ❌ | Instant |
VISA | |||
Paytrust88 | |||
Perfect Money | |||
Skrill | |||
Neteller |
ATFX integrates the BlackArrow trading platform, offering advanced tools for forex, crypto, and stocks with automation and real-time analytics for traders.
B2BROKER launches PrimeXM XCore support and maintenance services, enhancing trading efficiency for brokers with expert management and optimization.
Fortuno Markets, a relatively new broker registered in Saint Lucia, has been gaining attention in the forex and multi-asset trading world. However, its low WikiFX score of 2.01/10, raises some red flags for potential investors. In this review, we’ll explore why this broker has attracted scrutiny, its offerings, and why traders should exercise caution before making any decisions.
XTB gains a securities agent license in Chile, boosting its Latin America presence. The broker plans to offer stocks, ETFs, and derivatives to local investors.